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Malaysia optimistic about trade growth in 2025

PETALING JAYA: Malaysia is optimistic about achieving a trade growth trajectory in 2025 and maintaining levels above RM2 trillion, said investment, trade and industry minister Tengku Zafrul Aziz.
Sultan of Pahang Al-Sultan Abdullah Sultan Ahmad Shah with deputy prime minister Fadillah Yusof (second left), investment, trade and industry minister Tengku Zafrul Aziz (right) and Selangor menteri besar Amirudin Shari (left) at the Golf Kita 2025 golf tournament at the Glenmarie Golf & Country Club in Shah Alam today.
Sultan of Pahang Al-Sultan Abdullah Sultan Ahmad Shah with deputy prime minister Fadillah Yusof (second left), investment, trade and industry minister Tengku Zafrul Aziz (right) and Selangor menteri besar Amirudin Shari (left) at the Golf Kita 2025 golf tournament at the Glenmarie Golf & Country Club in Shah Alam today.

He said the optimism was based on the assumption that the country’s economy would continue to expand, despite global challenges such as a potential slowdown in the Chinese economy and a new US administration, Bernama reported.

“Given the current global situation, if conditions worsen – though unlikely due to our economic trajectory – we will continue to achieve trade growth,” he said at the Golf Kita 2025 golf tournament at the Glenmarie Golf & Country Club in Shah Alam today.

The growth in exports and imports drove Malaysia’s total trade for 2024 up 9.2% to a new record high of RM2.879 trillion.

This also marks the fourth consecutive year that the country’s total trade recorded levels above RM2 trillion.

“Our target is to maintain the RM2 trillion we achieved last year. We still expect positive growth in our economy,” said Tengku Zafrul.

Golf Kita 2025 is a fundraising event dedicated to welfare, research and knowledge-building initiatives for underprivileged communities.

Sultan of Pahang Al-Sultan Abdullah Sultan Ahmad Shah attended the event.

Also in attendance were deputy prime minister Fadillah Yusof and Selangor menteri besar Amirudin Shari.

Golf Kita 2025 was organised by the Southeast Asian Futures Initiative Centre, Yayasan TZA and Kelab Perkaderan.–FMT

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