Malaysia is expecting sustainable economic growth for the second half of the year on the back of increasing exports and foreign investments, Finance Minister Lim Guan Eng has said.
This, he said, was in comparison to the market’s 2.5 percent year-on-year drop prediction as well as amidst a backdrop of global trade tensions. The statement explained that increased demand for Malaysian goods was due to “trade diversions”, which saw an increase in the country’s exports to US and China respectively.
Source: News Formal (newsformal.com)
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