Malaysia Business To Remain Resilient Amid Global Economic Uncertainties - NCCIM
KUALA LUMPUR, May 22 (Bernama) -- The National Chamber of Commerce and Industry of Malaysia (NCCIM) expects Malaysian businesses to remain resilient despite mounting global economic uncertainties.
It said 2026 is likely to be a year of consolidation amid geopolitical tensions, rising production costs and global supply chain disruptions.
Its vice-president, Datuk Dr AT Kumararajah said businesses are expected to adopt a more cautious outlook, supported by government policies and measures, including a RM5 billion loan facility to support small and medium enterprises and other affected sectors grappling with the global energy crisis.
He said this to reporters after a media briefing on the National Economic Forum (NEF) 2026 here today.
Also present were NCCIM president Datuk Seri N Gobalakrishnan, Federation of Malaysian Manufacturing vice-president Michelle Hah Mei Kian and NCCIM secretary-general Gnanasambanthan Supramanion.
Themed ‘A World In Transition: Securing Malaysia's Economic Future in an Era of Disruption’, the NEF 2026 is organised by the NCCIM and will be held on July 2, 2026, with an expected turnout of 500 delegates, including policymakers, business leaders, entrepreneurs, and think tanks.
Meanwhile, Malaysian International Chamber of Commerce and Industry (MICCI) executive director, Lee Han Ling said the ongoing geopolitical tensions, including the tariff war and conflicts in the Middle East, have created opportunities for Malaysia to position itself as a gateway to ASEAN.
He added that multinational companies are increasingly looking to diversify and expand their supply chains beyond a single country, contributing to continued foreign direct investment inflows into Malaysia.
-- BERNAMA
