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world Scmp World 2026-03-31

Malaysia Raises 2026 Growth Forecast Despite Iran War Risks

Malaysia's central bank has revised its 2026 growth outlook to 4-5% due to stronger-than-expected momentum in the second half of last year.


Malaysia’s central bank has raised its 2026 growth outlook, saying the economy is on track to expand by between 4 and 5 per cent despite mounting risks from the Iran war. The revised forecast from Bank Negara Malaysia marks an upgrade from the government’s earlier target of 4 to 4.5 per cent, reflecting stronger-than-expected momentum in the second half of last year and resilient domestic demand. “Malaysia enters 2026 from a position of strength to navigate the challenges,” BNM Governor Abdul...

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