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Malaysia's Exports to Expand 5.9%
(MENAFN- Qatar News Agency) Maybank Investment Bank Research expects Malaysia's export and import growth in 2014 to improve to 5.9% and 8%, respectively.
The research house attributed the growth to the minimal adverse effects on the real economy from the US Federal Reserve's quantitative easing tapering, as well as upward momentum expected from the global economic and trade expansion, a Bernama news agency report said Monda
Malaysia's exports rose 2.4% last year while imports increased 7
"The International Monetary Funds' slight upward revision of global growth for 2014 to 3.7% from 3.6% earlier, while maintaining 3.9% growth for 2015, is a clear indication of the better global growth outlook," Maybank IB Research sai
Global trade volume of goods and services is also expected to expand 4.5% in 2014, up from 2.7% in 2013, it added
The research house attributed the growth to the minimal adverse effects on the real economy from the US Federal Reserve's quantitative easing tapering, as well as upward momentum expected from the global economic and trade expansion, a Bernama news agency report said Monda
Malaysia's exports rose 2.4% last year while imports increased 7
"The International Monetary Funds' slight upward revision of global growth for 2014 to 3.7% from 3.6% earlier, while maintaining 3.9% growth for 2015, is a clear indication of the better global growth outlook," Maybank IB Research sai
Global trade volume of goods and services is also expected to expand 4.5% in 2014, up from 2.7% in 2013, it added
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