Malaysia’s trade up 7.6 percent last November
Malaysia’s import-export turnover in November last year was valued at 125 billion RM (29 billion USD), up 7.6 percent from a year ago.
Illustration photo. (Source: Internet))Of the figure, exports rose 6.3 percent to 67.6 billion RM (15.7 billion USD) and imports reached nearly 57.4 billion RM (13.3 billion USD), up 9.1 percent.
According to the MITI, the November exports increased thanks to the rising demands in such markets as ASEAN, the European Union, China , and the US .
Commodities with high export growth included metal, oil and gas products, machinery, equipment and spare parts, chemicals, and palm oil.
In the January-November period, the country’s import-export turnover reached nearly 1.34 trillion RM (311 billion USD), a year-on-year increase of 1.1 percent.
Trade surplus in the reviewed period was 86.3 billion RM (20 billion USD), up 17.3 percent.
According to Malaysia ’s Bank Negara, the country targeted an economic growth of 4.5-5.5 percent in 2015, with respective export and import growths of 1.5 percent and 6 percent.-VNA
You should also see
Prime Minister receives Apple CEO
Prime Minister Pham Minh Chinh received visiting CEO of Apple Tim Cook in Hanoi on April 16, who he once met in the US in September 2022.
See more
World
Indonesia speeds up purchasing rice from local farmers
Indonesia’s State Logistics Agency (Bulog) has purchased 120,000 tonnes of unhusked rice (GKP) from farmers through domestic rice procurement, the agency announced.
World
Thailand's Songkran traffic accidents fall over 10%
The number of traffic accidents during the first five days of the Songkran festival’s road safety campaign week fell 10.4% year-on-year to 1,564, Thai authorities said on April 16.
World
Thailand's capital promotes food security projects
The Bangkok Metropolitan Administration (BMA) plans to expand the coverage of its food security projects to more areas in the capital, reported the Bangkok Post.
World
Indonesia issues dengue fever warning to Bali tourists
Indonesia’s Health Ministry has issued an early warning asking local and foreign tourists to remain alert against dengue hemorrhagic fever (DHF), which is on the rise in Bali.
World
Thai banks eye expansion in Southeast Asia
According to Fitch Ratings Thailand, driven by the growth potential of ASEAN economies, large local banks in the country are likely to see significant opportunities to expand their regional business and enhance their revenue prospects.
