Round-the-clock breaking news from Malaysia.
MBSB Investment Bank has raised its 2026 GDP growth forecast to 4.5%, driven by stronger-than-expected first-half performance. The upgrade suggests Bank Negara Malaysia will maintain the Overnight Policy Rate at 2.75% throughout the year.
Financial analysts expect Bank Negara Malaysia to maintain its overnight policy rate at 2.75% this week, as declining global oil prices and the BUDI Diesel programme help reduce inflation pressures across the economy.
Malaysian banks confront a complex second-half landscape as geopolitical tensions ease but a more hawkish US Federal Reserve stance poses fresh challenges to earnings and capital strategies.