Malaysia Foresees Economy To Grow By 4-4.5 Percent In 2026

KUALA LUMPUR, Oct 11 (NNN-BERNAMA) – Malaysia’s economy is projected to grow by four to 4.5 percent in 2026, amid U.S. tariff risks, according to the Ministry of Finance’s (MOF) Economic Outlook 2026 report, revealed yesterday. MOF said in the report, growth will mainly be underpinned by strong domestic demand,…

Malaysia Unveiled National Budget Eyeing Food Security, Flood Mitigation

KUALA LUMPUR, Oct 11 (NNN-BERNAMA) – Malaysian Prime Minister, Anwar Ibrahim, unveiled an expansionary budget for 2026, yesterday, the largest in the country’s history, aimed at developing high-value economic activities, while improving the people’s living standards. The budget allocates 470 billion ringgit (111.3 billion U.S. dollars), reflecting the government’s commitment…

Economists Foresee Steady H2 For Malaysia’s Economy

KUALA LUMPUR, Oct 10 (NNN-BERNAMA) – Malaysia’s economy is poised to maintain a steady growth trajectory, in the second half of the year, bolstered by resilient consumer spending, and a strong labour market, steady investment activity, and supportive domestic policies. TA Securities said in its recent report that, Malaysia’s gross…

World Bank Foresees Malaysia’s Economy To Grow 4.1 Percent Next Year

KUALA LUMPUR, Oct 8 (NNN-BERNAMA) – The World Bank forecast Malaysia’s economy to grow 4.1 percent year-on-year, in 2026. Its lead economist for Malaysia, Apurva Sanghi, told a press conference yesterday that, the growth of the Malaysian economy is expected to continue moderating in 2026, as external headwinds are likely…

Malaysia Pavilion Secures Sales Worth 89 Million USD At 22nd China-ASEAN Expo

KUALA LUMPUR, Oct 3 (NNN-BERNAMA) – Malaysia’s Pavilion, successfully concluded its run at the 22nd China-ASEAN Expo (CAEXPO), held last month in Nanning, China, with sales amounting to 376.14 million ringgit (89.4 million U.S. dollars), the country’s external trade agency, said, yesterday. The Malaysia Pavilion, which comprised 70 exhibitors, including…

Malaysia’s Johor Emerges As SEA’s Fastest Growing Data Centre Hub

KUALA LUMPUR, Sept 26 (NNN-BERNAMA) – Malaysia’s Johor state, has firmly established itself as Southeast Asia’s fastest-growing data centre hub, with aggregate supply nearly doubling over the past 12 months to 5.8 gigawatts (GW), as of the second quarter of 2025, a report showed, yesterday. According to the latest Knight…

Malaysia’s KLK Land Launches 830 Million USD Industrial Park

KUALA LUMPUR, Sept 13 (NNN-BERNAMA) – KLK Land, a wholly owned subsidiary of Malaysia-based Kuala Lumpur Kepong Berhad (KLK), yesterday, launched KLK TechPark, a 1,500-acre integrated industrial hub in Tanjong Malim, the state of Perak. The firm said in a statement that, strategically located in close proximity to the Automotive…

Malaysia’s National Carmaker Proton Launches Country’s First EV Factory

KUALA LUMPUR, Sept 5 (NNN-BERNAMA) – Malaysia’s national carmaker, Proton, launched its first dedicated electric vehicle (EV) factory in Perak state, marking a new milestone in the country’s industrial journey. This reflects close cooperation between Malaysia and China, through Proton and its strategic partner, Geely, thus driving the country’s automotive…

Malaysia’s Crude Oil, Condensate Production Stands At 45.2 Million Barrels In Q2

KUALA LUMPUR, Sept 4 (NNN-BERNAMA) – Malaysia’s upstream oil and natural gas segment, recorded positive development in the second quarter of 2025, with crude oil and condensate production amounting to 45.2 million barrels, and natural gas reaching 640.9 billion cubic feet, official data showed, yesterday. The Department of Statistics Malaysia…

Malaysia’s Petronas Records Lower Profit Amid Challenging Environment

KUALA LUMPUR, Aug 30 (NNN-BERNAMA) – Malaysia’s state-owned oil and gas firm, Petroliam Nasional Berhad (Petronas), announced yesterday that, its profit after tax for the first half of 2025 fell 19 percent, year-on-year, to 26.2 billion ringgit (6.2 billion U.S. dollars), in line with lower revenue. The firm said in…
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