Governor, Bank Negara Malaysia
Appears in 1 story
Held benchmark rate at 2.75% since May 2025; signaled room to act; says economy likely to grow about 5% in 2026
Malaysia's economy grew 5.3% in the third quarter, beating the 5.1% median forecast in a Bloomberg survey of economists. The advance estimate from the Department of Statistics, released October 16, shows manufacturing accelerating to 7.5% on global demand for AI chips; mining was the only major sector to contract.
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