{"id":9176,"date":"2025-03-07T14:58:31","date_gmt":"2025-03-07T19:58:31","guid":{"rendered":"https:\/\/arc-group.com\/?post_type=report&#038;p=9176"},"modified":"2025-03-20T09:41:22","modified_gmt":"2025-03-20T14:41:22","slug":"malaysia-economic-update-report-q4-2024","status":"publish","type":"report","link":"https:\/\/arc-group.com\/report\/malaysia-economic-update-report-q4-2024\/","title":{"rendered":"Malaysia Economic Update Report, Q4 2024"},"content":{"rendered":"<div id='eur-section1'><\/div>\n<h3 class=\"red-text\">Malaysia&#8217;s Economy Expands 5.0% in Q4 2024, Driven by Domestic Demand and Investment Growth<\/h3>\n<h4>Malaysia&#8217;s GDP grew by 5.0% YoY in Q4 2024, surpassing forecasts but moderating from Q3\u2019s 5.4% growth, with strong services and construction sector performance offset by contractions in agriculture and mining.<\/h4>\n<p>The Department of Statistics Malaysia (DOSM) has released the official gross domestic product (GDP) data for the fourth quarter of 2024, revealing a 5.0% year-on-year (YoY) expansion, bringing the country&#8217;s GDP at constant prices to RM430.7 billion. This growth rate outperformed both the official advance estimate and analysts\u2019 consensus forecast of 4.8% from a Reuters poll but was softer than the 5.4% growth recorded in Q3 2024. On a seasonally adjusted basis, the economy contracted by 1.1%, compared to a 1.9% increase in the previous quarter.<\/p>\n<p>For the entire year of 2024, Malaysia\u2019s economy grew by 5.1%, up from 3.6% in , with total GDP reaching RM1.65 trillion at constant prices. This expansion fell within the government\u2019s projected range of 4.8% to 5.3% and was supported by sustained domestic demand. Meanwhile, gross national income per capita increased by 3.6% to RM54,894, reversing the slight 0.2% decline recorded in 2023.<\/p>\n<p><img data-dominant-color=\"f9f3f1\" data-has-transparency=\"false\" style=\"--dominant-color: #f9f3f1;\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-9179 size-full not-transparent\" src=\"https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-gdp-growth-rates-per-quarter-q4-2024-1170.png\" alt=\"Graph showing Malaysia GDP Growth Rates per Quarter (Q4 2019 to Q4 2024) \" width=\"1170\" height=\"661\" srcset=\"https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-gdp-growth-rates-per-quarter-q4-2024-1170.png 1170w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-gdp-growth-rates-per-quarter-q4-2024-1170-300x169.png 300w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-gdp-growth-rates-per-quarter-q4-2024-1170-1024x579.png 1024w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-gdp-growth-rates-per-quarter-q4-2024-1170-768x434.png 768w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-gdp-growth-rates-per-quarter-q4-2024-1170-750x424.png 750w\" sizes=\"auto, (max-width: 1170px) 100vw, 1170px\" \/><\/p>\n<p>According to Bank Negara Malaysia (BNM), the 5.0% GDP growth in Q4 was primarily driven by robust domestic demand, strong investment activity, and resilient household spending. The services, manufacturing, and construction sectors remained the key contributors to growth on the supply side, while on the demand side, private final consumption expenditure and gross fixed capital formation were the main catalysts.<\/p>\n<p>However, the agriculture and mining &amp; quarrying sectors contracted, weighing on overall economic performance. Nevertheless, the strong inflow of investments into key industries, easing inflationary pressures, and an improving labor market\u2014marked by near-decade-low unemployment rates\u2014bolstered domestic demand and reinforced Malaysia\u2019s growth trajectory.<\/p>\n<p><img data-dominant-color=\"f5edec\" data-has-transparency=\"false\" style=\"--dominant-color: #f5edec;\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9181 aligncenter not-transparent\" src=\"https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-sector-growth-q4-1070A.png\" alt=\"Malaysia\u2019s Main Economic Sectors Growth Rates Comparison Between Q4 \u2013 2023 and Q4 \u2013 2024 \" width=\"1170\" height=\"661\" srcset=\"https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-sector-growth-q4-1070A.png 1170w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-sector-growth-q4-1070A-300x169.png 300w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-sector-growth-q4-1070A-1024x579.png 1024w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-sector-growth-q4-1070A-768x434.png 768w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-sector-growth-q4-1070A-750x424.png 750w\" sizes=\"auto, (max-width: 1170px) 100vw, 1170px\" \/><\/p>\n<ul>\n<li><strong>Services Sector:<\/strong> This sector expanded by 5.5% YoY in Q4 2024 (Q3: 5.2%), with growth driven by Wholesale &amp; Retail Trade (+4.4%), Transportation &amp; Storage (+10.7%), and Finance &amp; Insurance (+5.3%). However, on a seasonally adjusted basis, the sector contracted by 0.8% (Q3: +1.7%). For the full year, the Services sector grew by 5.4%, up from 5.1% in 2023.<\/li>\n<li><strong>Manufacturing Sector:<\/strong> The growth slowed to 4.4% YoY in Q4 2024 (Q3: 5.6%) and declined 2.8% seasonally adjusted (Q3: +2.0%). The sector was supported by a stronger performance in Electrical &amp; Electronics (+7.3%) but saw weaker growth in Petroleum, Chemical, Rubber &amp; Plastic Products (+3.2%, down from Q3: 4.4%). Meanwhile, Transport Equipment &amp; Other Manufacturing contracted 3.2%, mainly due to a decline in motor vehicle and transport equipment production. For the full year, the sector expanded by 4.2%, significantly higher than 0.7% in 2023.<\/li>\n<li><strong>Mining &amp; Quarrying Sector:<\/strong> Contracted by 0.9% YoY (Q3: -3.9%) but rebounded 5.9% seasonally adjusted (Q3: -1.1%). The decline was attributed to a continued slump in Crude Oil &amp; Condensate (-6.2%, Q3: -7.3%), while Natural Gas showed signs of recovery (+2.4%, Q3: -2.8%). Other Mining &amp; Quarrying &amp; Supporting Services grew modestly by 0.4% (Q3: 2.6%). Full-year growth stood at 0.9%, slightly up from 0.5% in 2023.<\/li>\n<li><strong>Agriculture Sector:<\/strong> Declined by 0.5% YoY (Q3: +4.0%) and contracted 1.8% seasonally adjusted (Q3: +0.5%). The downturn was primarily due to a slowdown in Oil Palm Production (-5.3%, Q3: +7.3%), reflecting weaker fresh fruit bunch yields. The Forestry &amp; Logging sub-sector also declined (-0.9%, Q3: +2.9%). However, Livestock (+3.0%, Q3: +2.7%) and Rubber (+23.3%, Q3: +13.9%) recorded growth. For 2024, the sector grew by 3.1%, up from 0.7% in 2023.<\/li>\n<li><strong>Construction Sector:<\/strong> Continued its rapid expansion, growing 20.7% YoY (Q3: 19.9%) but contracting 2.3% seasonally adjusted (Q3: +5.7%). Growth was supported by Non-Residential Buildings (+23.9%, Q3: +28.1%), Residential Buildings (+30.3%, Q3: +22.7%), and Specialized Construction Activities (+23.6%, Q3: +21.7%). Civil Engineering also contributed but at a slower pace (+9.1%, down from Q3: +10.7%). Full-year growth surged to 17.5%, nearly three times the 6.1% growth recorded in 2023.<\/li>\n<\/ul>\n<p>About inflation, Malaysia\u2019s headline inflation edged lower to 1.8% in Q4 2024 (Q3: 1.9%), reflecting lower prices for mobile communication services and RON97 petrol, though partially offset by rising costs in fresh vegetables, fish, and seafood. Core inflation also moderated to 1.7% (Q3: 1.9%), mainly due to a 10.0% decline in mobile communication service prices (Q3: 0.0%). Inflation pervasiveness remained moderate, with the share of Consumer Price Index (CPI) items recording monthly price increases staying below the long-term average of 39.8% (Q3: 38.9%; Q4 2011-2019: 41.7%). For the full year, both headline and core inflation eased to 1.8%, compared to 2.5% and 3.0% in 2023, respectively.<\/p>\n<p>The ringgit appreciated against most major currencies throughout 2024, particularly strengthening against the Singapore dollar, Korean won, and Japanese yen. The Nominal Effective Exchange Rate (NEER) for 2024 showed an overall appreciation of 7.5%, indicating a stronger ringgit relative to Malaysia\u2019s key trading partners. However, in Q4 2024, the ringgit depreciated by 8.1% against the US dollar and weakened 3.4% in the NEER index. This decline was in line with broader regional currency trends, driven by a stronger US dollar amid revised expectations for smaller US policy rate cuts in 2025 and higher investor risk aversion due to policy uncertainties under the new US administration.<\/p>\n<p>Credit to the private non-financial sector expanded by 5.2% in Q4 2024 (Q3: 4.8%), driven by higher growth in outstanding business loans and corporate bonds, particularly for investment-related purposes. Growth in working capital loans remained steady, while the manufacturing and construction sectors recorded stronger financing activity. Meanwhile, household loans expanded by 5.9% (Q3: 6.1%), showing a slight moderation due to slower growth in housing and vehicle loans. Despite this, loan applications and<\/p>\n<p>disbursements remained stable, reflecting sustained demand for credit during the quarter.<\/p>\n<p><div class=\"grey-bg\"><div id='eur-section2'><\/div>\n<h3 class=\"red-text\">Malaysia\u2019s Trade Surplus Jumps 25% in Q4 2024 as Exports Surge Amid Strong E&amp;E Demand<\/h3>\n<h4>Malaysia&#8217;s trade surplus soared 25% YoY to RM46.1 billion in Q4 2024, driven by a 7.3% YoY rise in exports, particularly in electrical &amp; electronics (+15.8%) and palm oil (+20.8%).<\/h4>\n<p>Malaysia\u2019s trade performance in Q4 2024 remained resilient, with total trade increasing 6.4% year-on-year (YoY) to RM739.84 billion. Exports expanded by 7.3% YoY to RM392.97 billion, while imports grew by 5.3% YoY to RM346.87 billion. Notably, the trade surplus surged by 25% YoY to RM46.1 billion, reflecting Malaysia\u2019s continued export competitiveness despite global economic uncertainties\u200b.<\/p>\n<p>Malaysia\u2019s exports continued to expand, supported by the strong performance of key industries. Electrical &amp; electronic (E&amp;E) products, the country\u2019s largest export category, grew 15.8% YoY to RM162.9 billion, driven by rising demand for semiconductors and electronic components. Palm oil and palm oil-based agriculture products saw a 20.8% YoY increase, reflecting sustained global demand. Other notable contributors included machinery, equipment &amp; parts (+15.9%), processed food (+13.6%), and manufactured metal products (+7.2%).<\/p>\n<p><img data-dominant-color=\"e4dcdc\" data-has-transparency=\"false\" style=\"--dominant-color: #e4dcdc;\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9183 aligncenter not-transparent\" src=\"https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-export-markets-q4-24-1170A.png\" alt=\"Chart showing Malaysia\u2019s Major Export Markets in Q4, 2024\" width=\"1170\" height=\"661\" srcset=\"https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-export-markets-q4-24-1170A.png 1170w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-export-markets-q4-24-1170A-300x169.png 300w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-export-markets-q4-24-1170A-1024x579.png 1024w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-export-markets-q4-24-1170A-768x434.png 768w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-export-markets-q4-24-1170A-750x424.png 750w\" sizes=\"auto, (max-width: 1170px) 100vw, 1170px\" \/><\/p>\n<p>Malaysia\u2019s imports in Q4 2024 rose 5.3% YoY, driven by demand for industrial and consumer goods. E&amp;E products led the increase, rising 26.4% YoY, followed by machinery, equipment &amp; parts (+18.4%) and processed food (+6.8%). However, petroleum products (-26.7%) and chemicals &amp; chemical products (-7.2%) saw declines, indicating shifts in global energy and commodity markets\u200b.<\/p>\n<p><img data-dominant-color=\"e4dcdc\" data-has-transparency=\"false\" style=\"--dominant-color: #e4dcdc;\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9185 aligncenter not-transparent\" src=\"https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-major-import-sources-q1-2024-1170.png\" alt=\"Chart showing Malaysia\u2019s Major Import Sources in Q4, 2024 \" width=\"1170\" height=\"661\" srcset=\"https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-major-import-sources-q1-2024-1170.png 1170w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-major-import-sources-q1-2024-1170-300x169.png 300w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-major-import-sources-q1-2024-1170-1024x579.png 1024w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-major-import-sources-q1-2024-1170-768x434.png 768w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysia-major-import-sources-q1-2024-1170-750x424.png 750w\" sizes=\"auto, (max-width: 1170px) 100vw, 1170px\" \/><\/p>\n<p>Malaysia\u2019s top trade partners remained ASEAN, China, and the United States, accounting for a significant share of total trade. Detailed analysis of trade growth during 2024 with Malaysia\u2019s main trading partners is as follows:<\/p>\n<ul>\n<li>ASEAN trade grew 6.1% YoY to RM765.09 billion, with exports rising 4.2% due to higher shipments of E&amp;E products, petroleum products, machinery, and metal goods. Imports from ASEAN picked up by 8.9% to RM327.17 billion with main imports being E&amp;E products, petroleum products as well as chemicals and chemical products. Trade with ASEAN accounted for 26.6% of Malaysia\u2019s total trade.<\/li>\n<li>China remained Malaysia\u2019s largest trading partner, with total trade increasing 7.6% YoY to RM484.12 billion. However, exports to China declined by 2.2%, impacted by weaker demand for E&amp;E and metal products, while imports surged 14.8%. Trade with China made up 16.8% of Malaysia\u2019s total trade.<\/li>\n<li>Trade with the US rose sharply by 29.9% YoY to RM324.91 billion, with exports increasing 23.2% due to strong sales of E&amp;E products, machinery, and rubber goods. Imports from the US also surged 42.1%, reflecting increased demand for US-manufactured high-tech products\u200b. Trade with the US accounted for 11.3% of Malaysia\u2019s total trade.<\/li>\n<\/ul>\n<p>\n<\/div><br \/>\n<div id='eur-section3'><\/div><\/p>\n<h3 class=\"red-text\">Malaysia and the EU Resume Free Trade Agreement Negotiations After 12 Years<\/h3>\n<h4>After a 12-year hiatus, Malaysia and the European Union (EU) have officially resumed negotiations for the Malaysia-EU Free Trade Agreement (MEUFTA).<\/h4>\n<p><img data-dominant-color=\"727e95\" data-has-transparency=\"false\" style=\"--dominant-color: #727e95;\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7310 aligncenter not-transparent\" src=\"https:\/\/arc-group.com\/wp-content\/uploads\/2024\/06\/eu-flags-780.jpg\" alt=\"EU flags flying outside the European Parliament\" width=\"780\" height=\"409\" srcset=\"https:\/\/arc-group.com\/wp-content\/uploads\/2024\/06\/eu-flags-780.jpg 780w, https:\/\/arc-group.com\/wp-content\/uploads\/2024\/06\/eu-flags-780-300x157.jpg 300w, https:\/\/arc-group.com\/wp-content\/uploads\/2024\/06\/eu-flags-780-768x403.jpg 768w, https:\/\/arc-group.com\/wp-content\/uploads\/2024\/06\/eu-flags-780-750x393.jpg 750w\" sizes=\"auto, (max-width: 780px) 100vw, 780px\" \/><\/p>\n<p>The announcement was made on January 20, 2025, during Malaysian Prime Minister Anwar Ibrahim\u2019s working visit to Brussels, where he met with European Commission President Ursula von der Leyen. This marks a renewed commitment by both sides to finalize a trade deal that has remained stalled for over a decade.<\/p>\n<p>MEUFTA negotiations originally began in 2010, with the goal of fostering closer economic ties between Malaysia and the EU. However, talks stalled in 2012 due to disagreements over market access, regulatory alignment, and environmental policies. One of the major sticking points was the EU\u2019s strict environmental regulations, particularly those affecting Malaysia\u2019s palm oil exports\u2014a critical sector for the country\u2019s economy.<\/p>\n<p>The EU\u2019s push for sustainable trade practices and its deforestation regulations clashed with Malaysia\u2019s agricultural trade policies, leading to a deadlock in negotiations. Other contentious areas included non-tariff barriers, intellectual property rights, and public procurement policies.<\/p>\n<p>However, a stocktaking exercise in 2023 allowed both parties to reassess their priorities and revive interest in the FTA. As global trade dynamics shift, both Malaysia and the EU recognize the strategic importance of finalizing a deal that could enhance their economic resilience amid geopolitical uncertainties. This exercise allowed Malaysia and the EU to address previous concerns and re-evaluate economic opportunities amid shifting global trade dynamics.<\/p>\n<p>In 2023, the EU remained Malaysia\u2019s fourth-largest trading partner, with bilateral trade in goods amounting to \u20ac45 billion, while services trade reached \u20ac11 billion in 2022. Recognizing the strategic importance of a trade deal, Malaysia and the EU agreed to explore ways to overcome regulatory hurdles and align trade policies with evolving global standards.<\/p>\n<p>The breakthrough came on January 20, 2025, when Prime Minister Anwar Ibrahim and European Commission President Ursula von der Leyen confirmed the official resumption of MEUFTA negotiations during a bilateral meeting in Brussels, which was described as \u201can ambitious, modern, and balanced EU \u2013 Malaysia free trade agreement (FTA).\u201d. This decision reflects a renewed commitment to deepening economic cooperation and enhancing investment flows between Malaysia and the EU.<\/p>\n<p>The renewed negotiations aim to:<\/p>\n<ul>\n<li>Strengthen economic ties in key sectors such as electrical and electronic (E&amp;E) products, palm oil and its derivatives, and optical &amp; scientific equipment.<\/li>\n<li>Attract significant EU investments in green energy and advanced manufacturing, aligning with Malaysia\u2019s New Industrial Master Plan 2030.<\/li>\n<li>Address outstanding concerns, including market access, non-tariff barriers, public procurement policies, and intellectual property rights.<\/li>\n<\/ul>\n<p>While both parties have expressed optimism, negotiations remain complex. The EU is expected to push for higher sustainability benchmarks in trade agreements, while Malaysia continues to seek fairer market access and less restrictive trade measures on its agriculture and palm oil exports. Additionally, both sides have committed to ensuring strong provisions on labor rights and environmental protection, reinforcing shared values in global trade.<\/p>\n<p>The resumption of MEUFTA negotiations in 2025 is a significant milestone in Malaysia-EU trade relations. If successfully concluded, the agreement could unlock new growth opportunities, enhance economic resilience, and strengthen bilateral trade ties in an increasingly competitive global market. With both sides now actively engaged, the next phase of negotiations will be crucial in determining whether MEUFTA can finally be realized after more than a decade of delays.<\/p>\n<div class=\"grey-bg\"><\/p>\n<div id='eur-section4'><\/div>\n<h3 class=\"red-text\">Malaysia Boosts International Reserves to $117.7B as Central Bank Braces for Ringgit Volatility Amid Trade Uncertainty<\/h3>\n<h4>In response to recent global trade uncertainties and currency fluctuations, Bank Negara Malaysia (BNM) has announced an increase in its international reserves to US$117.7 billion as of February 14, 2025, up from US$116.4 billion on January 31, 2025. This reserve level is sufficient to finance five months of imports of goods and services and is 0.9 times the total short-term external debt.<\/h4>\n<p>The Malaysian ringgit has experienced heightened volatility, relinquishing almost all of its gains from January after U.S. President Donald Trump introduced a series of trade tariffs. These tariffs include a 25% levy on imports from Canada and Mexico and a 10% tariff on Chinese goods, effective February 10, 2025. The announcement led to immediate retaliatory measures from the affected countries and sparked concerns over a potential global trade war. The ringgit, along with other Asian currencies, has been under pressure due to these developments.\u200b<\/p>\n<p>BNM has stated its readiness to manage excessive movements in the ringgit, emphasizing that Malaysia&#8217;s strong economic fundamentals, positive economic prospects, and ongoing structural reforms will provide enduring support to the currency. The central bank is also encouraging state-linked firms and investment funds to repatriate foreign investment income and convert it into the local currency to bolster the ringgit.\u200b<\/p>\n<p><img data-dominant-color=\"b0ae9c\" data-has-transparency=\"false\" style=\"--dominant-color: #b0ae9c;\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9190 alignleft not-transparent\" src=\"https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysian-ringgit-1170A.jpg\" alt=\"Malaysian ringgit\" width=\"1170\" height=\"633\" srcset=\"https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysian-ringgit-1170A.jpg 1170w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysian-ringgit-1170A-300x162.jpg 300w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysian-ringgit-1170A-1024x554.jpg 1024w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysian-ringgit-1170A-768x416.jpg 768w, https:\/\/arc-group.com\/wp-content\/uploads\/2025\/03\/malaysian-ringgit-1170A-750x406.jpg 750w\" sizes=\"auto, (max-width: 1170px) 100vw, 1170px\" \/><\/p>\n<p>The recent trade policies from the U.S. have introduced significant uncertainties in global markets. Analysts have noted that the imposition of tariffs could lead to higher inflation in the U.S., potentially resulting in increased interest rates and a stronger U.S. dollar. This scenario may exert additional pressure on emerging market currencies, including the ringgit. Moreover, the tariffs could disrupt global supply chains, affecting Malaysia&#8217;s export-driven economy, particularly in sectors like electronics and commodities.\u200b<\/p>\n<p>In light of these challenges, Malaysia is focusing on diversifying its trade partnerships and enhancing its economic resilience. Efforts are underway to attract foreign direct investment, especially in high-tech industries such as semiconductors and data centers. Additionally, initiatives like the Johor-Singapore Special Economic Zone aim to boost investment and create skilled jobs, further strengthening the nation&#8217;s economic position amid global uncertainties.\u200b<\/p>\n<h2 class=\"h1 lined\">About this report<\/h2>\n<p>This report was compiled with contributions from the team of business experts across ARC Group\u2019s global offices.<\/p>\n<p>ARC Group is an advisory firm specialised in supporting western companies operating in Asia and beyond. Our mission is to bridge the gap between global business ecosystems and key markets worldwide. Through our Management Consulting division, we provide services within <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/capability\/corporate-strategy\/\">corporate strategy<\/a><\/span><\/span>, <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/capability\/business-transformation\/\">business transformation<\/a><\/span><\/span>, <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/capability\/operations\/\">operations<\/a><\/span><\/span>, <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/capability\/sustainability\/\">sustainability<\/a><\/span><\/span>, <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/capability\/growth-sales-marketing\/\">growth, sales &amp; marketing<\/a><\/span><\/span>, and <span style=\"text-decoration: underline;\"><a href=\"https:\/\/arc-group.com\/capability\/digital-ai\/\"><span style=\"color: #e43d30; text-decoration: underline;\">digital &amp; AI solutions<\/span><\/a><\/span>. We work across a wide range of industries, including <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/industry\/automotive\/\">automotive &amp; mobility<\/a><\/span><\/span>, <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/industry\/energy-environmental-technology\/\">energy &amp; environment<\/a><\/span><\/span>, <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/industry\/consumer-goods-services\/\">consumer goods &amp; retail<\/a><\/span><\/span>, <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/industry\/food-beverage\/\">food &amp; beverage<\/a><\/span><\/span>, <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/industry\/technology-media-telecom\/\">technology, media &amp; telecom<\/a><\/span><\/span>, <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/industry\/advanced-industry-materials\/\">advanced industry &amp; materials<\/a><\/span><\/span>, <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/industry\/financial-services\/\">financial services<\/a><\/span><\/span>, and <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/industry\/healthcare-medtech-biotech\/\">healthcare, medtech &amp; biotech<\/a><\/span><\/span>.<\/p>\n<p>If you are interested in exploring how we can support your business, reach out through our <span style=\"text-decoration: underline;\"><span style=\"color: #e43d30;\"><a style=\"color: #e43d30; text-decoration: underline;\" href=\"https:\/\/arc-group.com\/contact-us\/\">contact page<\/a><\/span><\/span>, or leave your email below for a representative to get in touch directly:<\/p>\n<p>\n<\/div>\n","protected":false},"featured_media":9482,"template":"","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false},"categories":[28,259],"capability":[],"industry":[],"news_type":[43],"class_list":["post-9176","report","type-report","status-publish","has-post-thumbnail","hentry","category-economic-update-reports","category-259","news_type-report"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/report\/9176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/report"}],"about":[{"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/types\/report"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/media\/9482"}],"wp:attachment":[{"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/media?parent=9176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/categories?post=9176"},{"taxonomy":"capability","embeddable":true,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/capability?post=9176"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/industry?post=9176"},{"taxonomy":"news_type","embeddable":true,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/news_type?post=9176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}