Malaysia raises 2026 growth forecast despite Iran war risks

Malaysia’s central bank has raised its 2026 growth outlook, saying the economy is on track to expand 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...