00:00In the second quarter of 2026, Malaysia's economy expanded by 6%.
00:07This was supported by higher export growth, led by E&E and oil and gas-related exports,
00:16steady household spendings and continued investment activities.
00:21On the expenditure side, the strong growth is underpinned by the strength in external sector,
00:28supported by continued expansion in domestic demand.
00:33Private consumption, which accounted for 60.3% of Malaysia's GDP,
00:40grew at 4.8%, supported by positive labour market condition,
00:48steady income growth and continued policy support.
00:52Investment growth was driven by continued structure component as well as machinery and equipment spending.
01:04Meanwhile, the government consumption was lifted by higher operating and development expenditure.
01:12On the external front, the expansion in net export was mainly driven by robust E&E-related export
01:23amid the global tax expansion, while supported by continued tourism-related activities, manufacturing and ICT services.
01:34On the supply side, growth was driven mainly by services, manufacturing and mining sectors.
01:44The services sector grew higher, underpinned by the strong performance in business-related services,
01:53in particular data centre activities, as well as improved performance in finance and insurance subsector.
02:02The manufacturing sector improved further, underpinned by stronger E&E production,
02:11amid continued demand for AI-related components, as well as rebounded in production of petroleum-related products.
02:22The mining sector rebounded on account of stronger natural gas production,
02:30following the recovery from maintenance activities in second quarter 2025.
02:38As for construction sector, growth was supported by continued special trade and non-residential activities.
02:47And the agriculture sector growth declined as oil pump production normalised, following strong yield in 2025.
03:01On the balance of payment performance, current account balance recorded a surplus of RM10.8 billion in second quarter 2026.
03:13Export of goods were strong, supported by sustained strength in manufacturing exports.
03:21This was mainly contributed by the surging demand for E&E products, driven by ongoing AI and data centre expansion.
03:32The services account, however, recorded a marginal deficit, mainly due to higher other business services payments,
03:44while travel remained a key contributor and ICT services exports strengthened.
03:53On foreign direct investment, the FDI recorded a net inflow of RM7.4 billion during the quarter.
04:03This is mainly supported by higher equity capital injection from abroad and reinvestment of earnings by foreign-owned enterprises in
04:15Malaysia.
04:15However, the inflow were partially offset by outflows in debt instruments arising from inter-company loans and trade credit activities.
04:27This FDI was channeled largely into the services sector, mainly in ICT and professional and technical subsectors.
04:40This FDI Bayern is mainly inspired by China, Hong Kong and Singapore.
04:47Facebook, Instagram, Facebook, Instagram, Instagram, Facebook, Instagram, Twitter, and Twitter.
04:49So very soon we can send this
04:55to our rouge to LinkedIn on Instagram.
04:55You
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