Standard Chartered: Malaysia remains in strong position, 2026 GDP growth seen at 4.5%

Standard Chartered: Malaysia remains in strong position, 2026 GDP growth seen at 4.5%

The Star Online - Business·2026-05-19 19:00

KUALA LUMPUR: Malaysia is entering the current oil crisis from a position of strength, with its economic growth forecast maintained at 4.5 per cent for 2026, said Standard Chartered Bank (SCB) today.

It noted that the nation recorded a gross domestic product (GDP) growth of 5.4 per cent year-on-year in the first quarter of 2026 (1Q 2026).

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