Malaysia’s trade deficit in services hit record RM47.4 bln in 2020

KUALA LUMPUR: Malaysia’s trade deficit in services increased to RM47.4 billion in 2020, the highest deficit ever recorded, owing to the unprecedented Covid-19 pandemic that has significantly restrained economic activities globally. The Department of Statistics Malaysia (DOSM) said total trade in services amounted to RM232.7 billion, contributing 16.1 per cent of gross domestic product (GDP […]

New Sarawak Tribune is a Sarawakian news portal that highlights Sarawak-centric news and other stories of relevance to Sarawak.

Today, New Sarawak Tribune focuses on happenings in Sarawak’s cities, towns and small places no matter how remote these are and events of relevance in other states of Malaysia and other countries.