Friday, 28 Jan 2022 05:27 PM MYT
Malaysia’s trade continued to expand in December 2021, registering another record high monthly value for trade, export, and trade surplus. JP Morgan said as Covid-19 related export disruptions continue to abate in December, overall exports expanded a further 1.6 per cent month-on-month due mainly to a solid expansion in technology-related exports, which were up 9.1 per cent month-on-month.
JP Morgan said as the emergence of the Omicron variant domestically could raise near-term uncertainties, it is maintaining current forecasts at this juncture as Malaysia’s high vaccination rates might imply a higher tolerance for future outbreaks, in turn reducing the need for broad mobility restrictions.
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