EXCLUSIVE PRESS

GERMAN FIRMS IN MALAYSIA: BETTER BUSINESS DEVELOPMENT IN THE COMING MONTHS BUT INFLATION A TOP CONCERN FOR THE NEXT FIVE YEARS

24/05/2023 06:37 PM

KUALA LUMPUR, May 24 (Bernama) -- German companies in Malaysia expect a more promising outlook for business development in the next 12 months despite naming inflation as a top concern in the next five years, the latest AHK World Business Outlook Spring 2023 survey found.

The bi-annual survey which captures the sentiments of German firms operating in Malaysia saw 70.5% of respondents saying they expect better business development while 53.3% said their company’s current business situation remained unchanged.

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