2024 in review: Ringgit rallies, Malaysia’s investments boom, exports soar

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KUALA LUMPUR, Dec 16 — Malaysia has proven to be a beacon of stability and progress in Southeast Asia as gross domestic...

Malaysia’s trade posted the highest periodic value ever, expanding 9.3 per cent to RM2.383 trillion in the first 10 months of 2024 from the same period in 2023.

Despite these positives, Malaysia remains susceptible to global vulnerabilities including the escalation of geopolitical tensions, supply chain disruptions, volatility in financial markets and varying growth prospects across its trading partners especially China, which could affect its own economy.

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Category: EconomyBusiness

Markets: MalaysiaAlgeriaBelarusBoliviaChinaCubaIndonesiaKazakhstanNigerNigeriaSingaporeThailandTurkeyUgandaUkraineUnited StatesUzbekistanVietnam

Topics: Malaysia economy Malaysia investments Malaysia-singapore ties Ringgit Year in review Malaysia Malaysia exports

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 08:48:41 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 1331 words

Reading Time: 8 minutes read

Sentences: 48 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 24428211

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About Malay Mail

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Official Website: malaymail.com

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Year Established: 1896

Headquarters: Malaysia

News Last Updated: 3 hours ago

Coverage Areas: Malaysia

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Publisher ID: #106

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