Malaysia lifts 2026 growth forecast slightly despite trade disruptions, rising fuel prices
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Gold prices edge higher amid dip-buying, positive comments from Fed’s Powell Stocks end largely lower, Dow ekes out gain to exit correction territory "Buy now": Morgan Stanley explains why you should buy dip in this mega cap stock Trump touts "great progress" in Iran talks, but threatens further strikes (South Africa Philippines Nigeria) Malaysia lifts 2026 growth forecast slightly despite trade disruptions, rising fuel prices By Economy Published 03/30/2026, 10:02 PM Updated 03/30/2026, 10:06 PM Malaysia lifts 2026 growth forecast slightly despite trade disruptions, rising fuel prices 0 US Dollar Malaysian Ringgit 0.04% CL -0.97% By Rozanna Latiff and Danial Azhar KUALA LUMPUR, March 31 - Malaysia’s economy is on track to grow faster in 2026 than initially projected, the central bank said on Tuesday, despite trade disruptions and higher fuel prices caused by the conflict in the Middle East and U.S. tariffs. Bank Negara Malaysia now expects economic growth of between 4%-5% this year, revising its forecast slightly upwards from 4%-4.5%, according to documents released along with its annual report for 2025. The central bank flagged risks to growth and inflation from the surge in oil prices, saying the overall impact will depend on the duration and severity of the war. "Malaysia is facing the conflict from a position of strength, characterised by robust domestic demand, moderate inflation, a sound financial sector and a resilient external position," the central bank said in its 2025 economic and monetary review. The increase in the top end of the growth forecast is at odds with expectations in other countries that activity will be hit by the Middle East war. UPBEAT GROWTH OUTLOOK BNM said domestic financial conditions are expected to remain favourable due to strong economic fundamentals, a deep domestic institutional investor base and a well-capitalised banking system, a combination that has drawn foreign intere...
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