Malaysia's exports rose 63 percent year-on-year to 105.6 billion RM (25.54 billion USD) in April, driven by expansion in re-exports to major markets, including China and the US.
Kuala Lumpur (VNA) – Malaysia's exports rose 63percent year-on-year to 105.6 billion RM (25.54 billion USD) in April, drivenby expansion in domestic exports and re-exports to major markets, includingChina and the US.
In a statement on May 28, the Department of StatisticsMalaysia (DOSM) said the country's imports in April increased 24.4 percent to 85.1billion RM (19.7 billion USD).
Trade surplus was recorded at 20.5 billion RM (4.96 billion USD) as thenation's external trade continued its recovery from the impact of the COVID-19pandemic, the DOSM said.
The export expansion was also driven by electrical andelectronic products with an increase of 11.2 billion RM; rubberproducts (up 5.1 billion RM); petroleum products (up 4.6 billion RM); manufactureof metal (up 3 billion RM); machinery, equipment, and parts (2.8 billion RM); and palm oil and palm oil-basedagricultural products (2.5 billion RM).
In geographical terms, the DOSM said Malaysia registeredhigher exports to Singapore, China, the US besides the European Union./.
The Securities Commission Malaysia (SC) seeks to broaden Islamic financial technology (fintech) in the country’s capital market via its FIKRA Islamic Fintech Accelerator Programme (FIKRA).
Malaysia can achieve its 2021 gross domestic product (GDP) growth target of between 6.0 and 7.5 percent if the COVID-19 health crisis can be stabilised after the eventual lifting of the Movement Control Order (MCO 3.0), said Minister in the Prime Minister’s Department (Economy) Mustapa Mohamed.
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In his post on social media the same day, Hun Manet said energy companies would be able to import sufficiently from other sources to meet domestic fuel and gas demands in the country.
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In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
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Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.