Steady but moderate pace of sales expansion

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The story "Steady but moderate pace of sales expansion" was covered 8 hours ago by The Star, a news publisher based in Malaysia.

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The Star 8h ago

Steady but moderate pace of sales expansion - The Star

Quick Summary:

Analysts are cautiously optimistic about the outlook for the local manufacturing sector, buoyed by the growth momentum of the country from 2024 but they are uncertain about the effects of US President Donald Trump’s message to impose "reciprocal tariffs”.

While remaining cautious about how the tariff debate could play out, especially with Trump yet to meet China president Xi Jinping, Lau is confident global manufacturers will continue to look for alternatives to China to set up shop in the current environmen.

On the flipside, Lau said the upcoming implementation of targeted subsidies for RON95 fuel may have an effect on certain pockets of the manufacturing industry, as consumers are likely to feel the pinch and refrain from spending on big ticket items such as premium vehicles.