Malaysia's economy remains on a strong footing despite challenging external trade situation, the Bank Negara Malaysia said Monday.
The central bank projected the economy to expand between 4 percent and 4.8 percent this year. Favorable outcome of trade negotiation, pro-growth policies in major economies, continued demand for electrical and electronic goods and strong tourism activity could lift Malaysia's exports and growth prospects, the central bank said.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.