Malaysia's trade to remain modest, say economists - News Summed Up

Malaysia's trade to remain modest, say economists


KUALA LUMPUR (Oct 7): Despite the uptick in the country's exports in August, economists are of the view that trade activities will remain modest for the rest of the year and into 2017 amid a tepid global growth outlook. "As a result, this will likely translate into a larger merchandise trade surplus during the year," the research firm said. "Nevertheless, a relatively resilient growth in imports due to ongoing infrastructure spending could partially erode the trade surplus in 2017," the firm said. The central bank expects the country's second half GDP growth to pick up from 4.1% in the first half. The country's imports also rose from a year earlier.


Source: The Edge Markets October 07, 2016 15:22 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */