Malaysia's economic growth could be constructive in 2H, reaching around 4%-4.5%, supported by strong exports and domestic consumption, FSMOne's Alwyn Chew Chuan Shyn says at an event in Kuala Lumpur. Despite elevated oil prices due to the Middle East conflict, the impact on inflation could be manageable, given the government's cash aid program, the analyst says. He expects inflation to be around 2% in 2026 but says the cost pass-through warrants close monitoring. Chew sees Bank Negara Malaysia keeping rates on hold throughout 2026 and the dollar reaching 4.05-4.15 ringgit by the year-end. The dollar is 0.3% lower at 4.0800 ringgit. (yingxian.wong@wsj.com)
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Malaysia's Growth Could Remain Constructive in 2H — Market Talk
Malaysia's economic growth could be constructive in 2H, reaching around 4%-4.5%, supported by strong exports and domestic consumption, FSMOne's Alwyn Chew Chuan Shyn says at an event in Kuala Lumpur. Despite elevated oil prices due to the Middle East conflict, the impact on inflation could be manag…