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ForexMedium•13 February 2026•

1 min read

Standard Chartered Hikes Taiwan and Malaysia Growth Forecasts on AI Boom

The letters AUDCAD, with AUD made of gold and CAD of rock and oil, against a backdrop of mines, oil rigs, and a world map.

Standard Chartered has significantly upgraded its economic outlook for Taiwan and Malaysia, citing the transformative impact of the global AI boom. The bank raised Taiwan's 2026 GDP growth forecast to 8.0%, a sharp increase from the previous estimate of 3.8%. This surge is primarily driven by robust global demand for semiconductors and AI-related exports. Meanwhile, Malaysia's economy recorded a 5.2% growth rate in 2025, supported by strategic investments in AI and accommodative monetary policies. Analysts suggest that these developments provide strong support for local currencies and equity markets tied to the tech supply chain. The positive momentum reflects a broader trend of Asian economies benefiting directly from the global semiconductor cycle.