The Malaysian economy is expected to trend positively in 2024, despite various local and global challenges. The service sector will lead the way, with support from both domestic and foreign investments. The overall real estate sector should continue to improve in 2024 on the back of positive fundamentals in place.
The importance of environmental, social, and governance (ESG) standards has grown, driven by investors’ expectations and recognition of the significance of sustainable development. Furthermore, the growth of Electric Vehicles (EVs) will result in a spill-over effect, fostering the development of supporting infrastructures.