Malaysia: Malaysia?s textile, apparel exports jump to RM6.99bil in H1 Tuesday, 16 August 2016 – Malaysia?s textile and apparel exports rose 10% to RM6.99bil in the first half (H1) of 2016 from RM6.33bil a year ago, Deputy International Trade and Industry Minister Datuk Ahmad Maslan said. He said the surge was driven by increasing global […]
Read MoreMalaysia: Malaysia’s economy grows 4% y-o-y in Q2 as slowdown drags on Friday, 12 August 2016 – Malaysia’s economy expanded 4 per cent in the second quarter, the slowest pace in nearly seven years, as exports and domestic investments were weak. The growth was in line with a Reuters poll that forecast 4 per cent […]
Read MoreMalaysia: Malaysia, Indonesia aim to double trade value Tuesday, 2 August 2016 – Malaysian Prime Minister Najib Bin Haji Tun Abdul Razak has said he wants to double trade with Indonesia to US$30 billion in the coming years. Last year, trade between the two countries was valued at $16.6 billion. As of April this year, […]
Read MoreMalaysia: Malaysia records pineapple exports worth RM161mil in 2015 Monday, 8 August 2016 – Malaysia recorded pineapple exports valued at RM161mil last year and targets to increase this to RM254mil by 2020. Malaysian Pineapple Industry Board (MPIB) chairman Datuk Samsolbari Jamali said to achieve the goal, the Government had planned to increase the pineapple plantation […]
Read MoreMalaysia: Ringgit slips as strong jobs data boosts US dollar Monday, 8 August 2016 – The ringgit opened weaker against a rejuvenated US dollar on Monday following the strong jobs data released on last Friday night. At 9.07 am, the ringgit was quoted at 4.0450/0500 vis-a-vis the greenback against Friday’s close of 4.0200/0250. A dealer […]
Read MoreMalaysia: Strong export data helps boost market sentiment Friday, 5 August 2016 – The stronger-than-expected export data for June gave the stock market a much needed base and also shored up the ringgit at the midday break on Friday. At midday, the FBM KLCI was up 3.24 points or 0.2% to 1,658.53. Turnover was 1.13 […]
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