Malaysia’s economic diversity to ease Iran war impact: central bank
1 min read

Malaysia’s economic diversity to ease Iran war impact: central bank

Economy

Bank Negara forecasts 4.0% to 5.0% growth in 2026, even with prolonged conflict

Shoppers at a mall in Johor Bahru, Malaysia: The country’s central bank said on March 31 that the economy is resilient enough to cope with the Iran war, for now. (Photo by Ken Kobayashi)

NORMAN GOH

KUALA LUMPUR — Malaysia’s diversified economy leaves it in a strong position to ride out the global impacts of war in Iran, according to its central bank governor, citing the country’s robust exports, strong household consumption and buoyant labor market.

Leave a Reply

Your email address will not be published. Required fields are marked *