[KUALA LUMPUR] Malaysia’s exports in March rose 25.4 per cent from a year earlier, above forecast, government data showed on Monday. March’s exports were expected to rise 12.5 per cent, according to 16 economists surveyed in a Reuters poll. Imports in March grew 29.9 per cent from a year earlier, the data showed. Analysts were […]
Read MoreKUALA LUMPUR: Malaysia’s total trade for February 2022 amounted to RM184.8 billion, or an increase of 17.5 per cent year-on-year (y-o-y), with exports of RM102.3 billion (an increase of 16.8 per cent) and imports worth RM82.5 billion (an increase of 18.4 per cent), said the Department of Statistics Malaysia (DOSM). “Higher imports were mainly from […]
Read MorePETALING JAYA: Malaysia’s economic growth this year is expected to come in at 6%, driven by the opening of borders supporting tourism-related services, high vaccination rate and the government’s comfort with the transition of Covid-19 to endemic status that are combining to support recovery, according to Moody’s Investor Services. “Over time, we expect this will support […]
Read MoreKUALA LUMPUR: Malaysia’s economy is expected grow 5.5 per cent this year, driven by recovery in domestic demand, expansion in exports, and reopening of borders, according to a World Bank report. It said the external sector will continue to lend its support, especially that of electrical and electronics (E&E) goods and medical rubber gloves. However, […]
Read MoreKUALA LUMPUR: Malaysia’s export and import unit value indices recorded positive growth in February 2022, at 2.1 per cent and 1.3 per cent, respectively, according to the Department of Statistics Malaysia (DoSM) External Trade Indices report for February 2022. Chief statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said the export unit value index’s growth […]
Read MoreKUALA LUMPUR (BERNAMA) – Malaysia’s automotive manufacturing industry is facing an acute shortage of workers which could derail the national automotive manufacturing (NAM) ecosystem if not resolved immediately. Proton Vendor Association President Dato’ Dr Wan Mohamed bin Wan Embong said the NAM ecosystem might collapse with the loss of more than 500,000 jobs and wiping […]
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