KUALA LUMPUR, February 13 – Malaysia remains on course to achieve its 2025 GDP growth target of 4.5 to 5.5 per cent despite global trade tensions, Economy Minister Datuk Seri Rafizi Ramli said today. Speaking at the launch of the World Bank report, he noted that investor confidence in Malaysia’s long-term growth remains stable, with the ringgit strengthening over the past week.
While trade wars are now a persistent feature of the global economy, Rafizi emphasized that Malaysia is adapting to these challenges by reinforcing its position in key industries such as semiconductors, which will benefit from rising global demand for digital and AI-driven technologies.
The government is actively monitoring economic risks, with the Ministry of Investment, Trade, and Industry (MITI) coordinating input across ministries to mitigate any negative impact. Additionally, Rafizi announced that Malaysia’s bill on carbon capture, utilisation, and storage (CCUS) is set to be tabled in Parliament in early March, marking a key step in the country’s sustainability agenda.
He reaffirmed that Malaysia’s economic strategies remain aligned with long-term megatrends, ensuring resilience and growth amid global uncertainties.
