Breaking
UMNO-PAS cooperation only to seize Anwar's power, using Malay unity as excuse – AmanahMalaysia knocked out of Merdeka Cup women's semifinalsOutrage as China programmer’s toilet death ruled non-work-related for being ‘not at desk’Social assistance spending rises 6.1% in 2025PalawanPay targets physical card rollout in Q4Kelas Sekejap expands AI learning app to schools and enterprisesGoogle offers 12-month free AI Plus subscription to Malaysian studentsPoverty rate falls to single digits in the Philippines as incomes outpace thresholdsChinese insurer Ping An eyes Hong Kong ETFs as Beijing greenlights cross-border investmentSickKids discloses data breach exposing employee and job applicant detailsGitLab’s critical CVE-2026-19478 is under active exploitation within days of disclosure.Khazanah affirms governance push after third-quarter board meetingQR code payments launched for ShopeePay users in ChinaBanjarbaru delays school start times as haze worsensLuxury sales drop more than 10% in China as tax crackdown bitesCDL net profit surges 230.7% in first half on Lumina Grand recognitionTrade Minister sets US$25 billion Trade Expo Indonesia 2026 targetTeladan Group swings to RM9.31 million profit in 2QFY2026 on higher progressive billingsAI Living @ i-City to launch in Shah Alam with four agenciesNevada approves 8,000 robotaxis for Tesla, Uber and WaymoUMNO-PAS cooperation only to seize Anwar's power, using Malay unity as excuse – AmanahMalaysia knocked out of Merdeka Cup women's semifinalsOutrage as China programmer’s toilet death ruled non-work-related for being ‘not at desk’Social assistance spending rises 6.1% in 2025PalawanPay targets physical card rollout in Q4Kelas Sekejap expands AI learning app to schools and enterprisesGoogle offers 12-month free AI Plus subscription to Malaysian studentsPoverty rate falls to single digits in the Philippines as incomes outpace thresholdsChinese insurer Ping An eyes Hong Kong ETFs as Beijing greenlights cross-border investmentSickKids discloses data breach exposing employee and job applicant detailsGitLab’s critical CVE-2026-19478 is under active exploitation within days of disclosure.Khazanah affirms governance push after third-quarter board meetingQR code payments launched for ShopeePay users in ChinaBanjarbaru delays school start times as haze worsensLuxury sales drop more than 10% in China as tax crackdown bitesCDL net profit surges 230.7% in first half on Lumina Grand recognitionTrade Minister sets US$25 billion Trade Expo Indonesia 2026 targetTeladan Group swings to RM9.31 million profit in 2QFY2026 on higher progressive billingsAI Living @ i-City to launch in Shah Alam with four agenciesNevada approves 8,000 robotaxis for Tesla, Uber and Waymo
Finance

Malaysia’s 2H2026 growth outlook stays robust, says Economy Minister

Malaysia’s economy is seen growing between 4% and 5% in 2026 despite global risks, the Minister of Economy said.

Source: The Edge Malaysia · August 1, 2026 at 7:02 AM · AI-assisted report

Single-source
Malaysia’s 2H2026 growth outlook stays robust, says Economy Minister
Photo: Conny Sandland via flickr (BY)

MALAYSIA, 1 AUGUST 2026 —

Listen to this article

DomainFork Audio · read aloud

Malaysia’s economy is seen growing between 4% and 5% in 2026 despite global risks, the Minister of Economy said.

Market Impact

Akmal Nasrullah Mohd Nasir told reporters after the AMEU Economics Summit 2026 that the government expects strong second-half momentum to continue. Malaysia’s gross domestic product rose 5.6% in the first half of 2026, compared with 4.5% a year earlier, driven by mining, services and manufacturing.

Bank Negara Malaysia still projects 2026 growth at 4%–5%, the minister said, citing BNM’s latest forecast. Government measures to stabilise domestic oil supply through year-end should also support the expansion, he added.

“So we hope for the best in 2H2026, but we must be prepared for any possibility,” Akmal Nasrullah told the media on Saturday.

He warned that unresolved geopolitical tensions in West Asia, especially around the Strait of Hormuz, could still pressure global oil markets and Malaysia’s growth.

Official figures show Malaysia’s economy grew 5.8% in the second quarter of 2026, up from 5.4% in the first quarter, led by stronger services and manufacturing output. The mining and quarrying sector rebounded, while construction continued to expand.

The government also expects hosting the Formula One Gulf Air Bahrain Grand Prix to boost growth, particularly in tourism. The event at Sepang International Circuit from Oct 2 to 4 will draw foreign visitors whose spending should spread benefits across small traders, the minister said.

F1 confirmed Malaysia as host on Sunday after agreements between the series, the FIA, and the Malaysian and Bahraini governments.

Related: Malaysia

Reporting based on The Edge Malaysia. Figures and claims are subject to revision as the story develops. DomainFork publishes editorial context, not investment advice — see our editorial standards.