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World Bank nudges Malaysia’s 2026 economic outlook higher to 4.4pc on strong consumer spending

The World Bank Group has raised Malaysia’s economic growth forecast for 2026 to 4.4 per cent from 4.1 per cent, citing resilient domestic demand, its lead economist for Malaysia, Apurva Sanghi, said. He said growth would be driven mainly by private consumption, underpinned by favourable labour market conditions, wage gains and government income support measures [...]