KUALA LUMPUR (April 10): Malaysia’s economic growth is likely to grow by 4.6% before recovering slightly to 4.7% in 2027, according to the Asian Development Bank (ADB). By 2027, although external challenges may persist, planned initiatives under the 13th Malaysia Plan should support growth," said ADB in its latest Asian Development Outlook report released on Friday. ADB's forecast aligns with the World Bank, Bank Negara Malaysia (BNM) and the government's official forecast. BNM forecast the economy to grow between 4% to 5%, with the Ministry of Finance’s (MOF) projection at 4.0% to 4.5%. Additionally, rising oil prices could raise production costs and eventually lead to higher prices for goods.

Source: The Edge Markets April 10, 2026 02:11 UTC