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Miti: Malaysia's trade surges 8.7pc year-on-year to RM237.8b in June 2024, on an upward trend since January

Malay Mail LogoMalay Mail1d ago

Miti: Malaysia's trade surges 8.7pc year-on-year to RM237.8b in June 2024, on an upward trend since January - Malay Mail

Quick Summary:

KUALA LUMPUR, July 18 — Malaysia’s trade has maintained its upward trajectory, growing consistently since January 202...

In terms of manufactured goods, the ministry said exports of machinery, equipment and parts surged by 22.3 per cent in 1H 2024 to RM33.23 billion primarily for machines and apparatus for the manufacture of semiconductor and parts.“Exports of palm oil and palm oil-based products rebounded in 1H 2024 with a growth of 4.1 per cent from negative growth recorded in 1H 2023.“Palm oil exports are projected to remain strong in the second half of 2024, supported by higher demand particularly from India and China,” said MITI.

Trade recorded the highest periodic values thus far,” it added.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-18 @ 14:19:17 (1 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 322 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © Malay Mail

News ID: 21678110

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Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 12 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 4 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

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