Free trade and global dynamics
By Dr Callie Lau INTERNATIONAL trade involves the exchange of goods and services between firms across national boundaries. The current account in the balance of payments reflects an economy’s overall trade performance. The trading of goods constitutes the largest component in the current account, while trading of services and net income from abroad, which includes […]
Total trade value of RM268.1bil from agricommodity sector in 2022
KUCHING: The agricommodity sector recorded a total trade value of RM268.1bil while the trade balance recorded about RM146.5bil in 2022. Federal Minister of Plantation and Commodities (KPK) Datuk Seri Fadillah Yusof also pointed out that the export income of agricommodity products was about RM207.3bil or 13.4 per cent of the country’s total export income. “Although […]
Malaysia records 26 pct jump in Jan-May trade to RM867.4 bln, trade surplus soars 112.2 pct
KUALA LUMPUR: Malaysia’s total trade grew by 26 per cent year-on-year (y-o-y) to RM867.4 billion in the first five months of 2021, the Ministry of International Trade and Industry (Miti) said. Trade surplus surged by 112.2 per cent to RM92.79 billion, as exports rose by 31.1 per cent to RM480.09 billion and imports increased by […]
