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Madani reforms continue to drive economic momentum - PM

PETALING JAYA: Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim said the Government's focus on Ekonomi MADANI reforms, anchored on pro-growth policies, rakyat centric programmes and responsible fiscal management, has continued to strengthen Malaysia's economic momentum.

Malaysia's current account surplus surges to RM15.2bil in 1Q 2026, equivalent to 3% of GDP

KUALA LUMPUR: Malaysia continued to record a surplus in the current account balance (CAB) in the first quarter of 2026 (1Q 2026), amounting to RM15.2 billion, equivalent to 3.0 per cent of gross domestic product (GDP), significantly higher than RM2.7 billion in 4Q 2025.

Ringgit supported by Malaysia's strong economic outlook, reform momentum - Bank Negara

KUALA LUMPUR: Malaysia's firm economic prospects and sustained reform momentum are expected to provide enduring support to the ringgit, while external factors will continue to drive exchange rate movements, said Bank Negara Malaysia (BNM).

Malaysia's 1Q GDP comes in at 5.4%

KUALA LUMPUR: Malaysia's gross domestic product (GDP) grew at a slightly faster-than-anticipated rate of 5.4% in the first quarter of 2026, as economic growth moderated from 6.2% in the preceding quarter last year.

First-quarter GDP expected to hold steady

Malaysia's first quarter of 2026 (1Q26) economic growth is expected to come broadly in line with earlier estimates, with economists pointing to resilient domestic demand even as external risks remain elevated ahead of the official release today.

BoJ: Rate hike ‘desirable’

A Bank of Japan (BoJ) board member calls for interest rates to be increased as soon as possible provided there is no indication of the economy running into trouble, citing more enduring inflationary risks from the war in Iran.

India bans sugar exports to protect supply

India, the world's second-largest sugar producer, has banned exports until end-September, according to an official notice, as the government seeks to protect local supplies.

US weekly jobless claims increase moderately, labor market remains stable

WASHINGTON: The number of Americans filing claims for unemployment benefits increased moderately last week, pointing to a stable labour market even as rising energy prices from the war with Iran drive up inflation.

World Bank projects Malaysia's economy to grow 4.4% in 2026 amid global risks

KUALA LUMPUR: The World Bank projects Malaysia's economy to record solid growth of 4.4 per cent this year, with domestic demand continuing to anchor activity.

US business leaders express confidence in Chinese market

BUSINESS leaders from the United States have voiced their confidence in the Chinese market and pledged to expand investments in what they consider one of the world's most significant engines of future growth, given the market's vast scale, ability to innovate rapidly and resilient supply chains.