Kuala Lumpur, 9 October 2026 – Hong Leong Bank has welcomed Budget 2027’s emphasis on enterprise development, AI adoption and household support, with its own 5.0% growth forecast sitting within the government’s projected 2027 range. The bank’s assessment combines optimism about domestic demand with an emphasis on fiscal discipline and the quality of implementation.
Group managing director and chief executive officer Kevin Lam said the Budget reinforced Malaysia’s ambition to build a more productive and resilient economy. His commentary connects growth initiatives with cost-of-living relief, rather than treating them as competing objectives. It is a policy response, not an announcement of new financial results or a revised profit forecast for the bank.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
