Malaysia Trade Surplus Widens
Malaysia Trade Surplus Widens

Malaysia Trade Surplus Widens

Malaysia Trade Surplus Widens

Malaysia’s trade surplus in August rose to a whopping RM8.51 billion ($2.05 billion) from RM1.91 billion registered in July 2016 due to a record increase in exports to Asean, India, United States, Mexico, Turkey, Hong Kong and the European Union, Bernama reported. Malaysia’s exports in August was at a eight-month record high of RM67.58 billion, up 1.5%, from July’s exports of RM59.8 billion, the International Trade and Industry Ministry said in a statement Friday. Imports were higher by 4.9% to RM59.07 billion while trade registered a value of RM126.65 billion, an increase of 3%. From January to August 2016, trade totaled RM948.45 billion, with exports amounting to RM500.33 billion and imports totaled RM448.12 billion.


Short URL : https://goo.gl/OSwJ1u
  1. https://goo.gl/QrpobI
  • https://goo.gl/emb3Kw
  • https://goo.gl/1xX2nH
  • https://goo.gl/wNV0ce
  • https://goo.gl/ZTDChg

You can also read ...

 An overwhelming 86% of Germans believe their economy is doing well, up from 75% last year.
Conditions for investors around the world are getting worse....
South Korea’s jobless rate has risen steadily in recent years.
South Korea’s unemployment rate has risen steadily in the past...
Greece Remains Under Supervision
Greece will remain under supervision after it exits its...
Britons have been borrowing heavily through personal loans and credit cards over the last 18 months.
Consumer borrowing grew at almost 10% in August, official...
Tax Reform  Can Boost  US Economy
The American electorate is more than ready for Washington...
China Rust Belt Opens Doors
Trucks carrying hi-tech car components rumble in and out the...
Pak GDP Growth Predicted at 10% Over 10 Years
Researchers from Harvard University’s center for international...
Jordan Economy Continues to Grow
While the public sector continues to play a prominent role in...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.