Business · Trade · 15 hrs ago

Malaysia’s exports surge as AI demand boosts growth

Malaysia’s exports surge as AI demand boosts growth

Malaysia’s exports rose more than 50% in September, reaching a record as demand for AI-related products increased.

The country’s economy grew 5.3% in the third quarter, beating most forecasts.

Malaysia’s export sector has helped it recover momentum after its ambitions to become an advanced economy were judged unrealistic.

SoftBank founder Masayoshi Son plans to invest $50 billion in Malaysia’s AI infrastructure, while Penang is developing an island intended to host technology industries.

The trade rebound has also benefited Malaysia despite earlier fears that US tariffs would weaken global trade.

The boom could help Malaysia move closer to high-income status, although the country faces concerns about the durability of AI investment and the value of related assets by 2030.

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