Malaysia’s trade surplus hits 14-month high with strong growth in November 2024

KUALA LUMPUR: Malaysia’s trade in November 2024 recorded the 11th successive month of year-on-year (YoY) growth, expanding by 2.9% to RM237.85bil. “Exports increased for the second consecutive month, growing by 4.1% to RM126.57bil and imports were higher by 1.6% to RM111.28bil,” the Investment, Trade & Industry Ministry (Miti) said in a statement. The trade surplus in November...

Malaysia-Brazil partnership holds huge promise for E&E, semiconductor industry, says PM

RIO DE JANEIRO: Prime Minister Datuk Seri Anwar Ibrahim has urged the electrical and electronics (E&E) and semiconductor industries of Malaysia and Brazil to leverage each other’s strengths and enhance collaboration, particularly given the increasing prominence of the Global South. "Although we are from distant lands, the potential is immense. Brazil is a key pillar of...