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Malaysia’s trade slips 16.3% to RM222.14bil in June

KUALA LUMPUR: Malaysia’s overall trade contracted 16.3% in June 2023 to RM222.14bil as compared to a year ago as the value of shipments exchanged with its major trading partners remained on a slide. According to the Ministry of Investment, Trade and Industry (Miti), the decline in trade value was owing to a 14.1% drop in […]

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malay02
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Malaysia: Domestic trade to drive port sector

PETALING JAYA: The ports and logistics sector activity will be mainly driven by domestic trade in the near term as global trade’s growth is poised to slowdown this year amid greater carbon emissions regulations. The World Trade Organisation (WTO) projects the global merchandise trade volume to only inch up by 1.7% this year, compared with […]

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malay01
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Strategic investor pass will boost Malaysia’s attractiveness to investors – economist

KUALA LUMPUR: The special treatment accorded by the Strategic Investor Pass (SIP) for investors to enter Malaysia on a multiple-entry basis is expected to gain a positive re-rating of Malaysia’s attractiveness to foreign investors. Sunway University professor of economics Prof Yeah Kim Leng said that through this facilitation, the SIP would enhance the investors’ positive […]

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