AI Demand Likely to Keep Malaysia's Export Outlook Positive

Dow Jones10-20 12:49

0449 GMT - The near-term outlook for Malaysia's external trade could remain positive, supported by strong demand for AI-related products, firm commodity prices and sustained manufacturing activity, UOB economists Julia Goh and Loke Siew Ting say in a note. However, potential U.S. semiconductor tariffs, a slowdown in AI investment and weather-related disruptions pose risks, they say. The stronger-than-expected export performance could put upward pressure on UOB's 2026 export growth forecast of 31.0%, they say. However, export growth is expected to sharply moderate to 3.5% in 2027, partly due to base effects, they add.

 

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