Malaysia's economy is a steady ship in choppy waters

The key now is to ensure smooth and timely implementation of reforms

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People walk to their workplace during the morning rush in Kuala Lumpur city centre in October 2024.  © Reuters

Yun Liu is ASEAN economist at HSBC.

Malaysia has been gaining attention on the international stage. Indeed, it's not hard to spot the optimism. To name just a few positives, the ringgit was the best performing currency in Asia last year, growth accelerated to 5.1% and large tech giants have committed billions of dollars of investment. Political stability and policy reforms have contributed to better sentiment both onshore and offshore.

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