Economy

74% M’sian businesses are projecting growth in the near, mid-term future

Up to 74% of Malaysian businesses are projecting growth over the year, which is well above the average for the Asia Pacific region of 60%, according to HSBC Malaysia through its survey HSBC Navigator.

HSBC Malaysia commercial banking country head Andrew Sill said that according to the numbers, 76% of businesses also expect to return to pre-Covid profitability levels by the end of 2022.

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