Six per cent growth proves Malaysia's economy remains resilient - PM

Malaysian Prime Minister Anwar Ibrahim expressed satisfaction with the country's economic growth of 6.0 per cent in the second quarter of 2026, surpassing market expectations. Despite the global supply crisis and unrest in West Asia slowing the world economy, Malaysia's Gross Domestic Product (GDP) experienced a significant jump.

Anwar highlighted that this growth rate marked the strongest second-quarter performance since 2014, showcasing the resilience of the Malaysian economy. The government has implemented various measures to mitigate the impact of global inflationary pressures, such as BUDI MADANI, Sumbang Tanai Rahmah (STR), and Sumbang Asas Rahmah (SARA), alongside efforts to control prices and ensure sufficient supplies.

BNM noted that the growth was primarily driven by domestic demand, strong exports, and stable household spending. Exports were boosted by electrical and electronics (E&E) products, services exports, and the recovery of liquefied natural gas (LNG) and non-E&E manufactured products. The services sector expanded by 5.9 per cent, while manufacturing grew by 7.3 per cent, with E&E benefiting from high demand related to artificial intelligence (AI).

However, Anwar emphasized that sustainable growth and wealth creation require further action from the MADANI Government to translate economic gains into meaningful income, quality job opportunities, and assistance for vulnerable groups.