Malaysia’s trade in services up 14.6% to RM497.4bil in 2024

KUALA LUMPUR: Malaysia’s total trade in services rose by 14.6 per cent to RM497.4 billion last year from RM434.0 billion in 2023, contributing 25.8 per cent to the gross domestic product (GDP) at current prices. In a statement today, the Department of Statistics Malaysia (DOSM) said exports of services grew by 24.6 per cent to RM242.9...

Malaysia registers double-digit export growth to RM133.56bil in April

KUALA LUMPUR: Malaysia's positive trade performance in April 2025 was underpinned by a double-digit expansion in exports, led by a rebound in shipments to Asean and China, as well as a surge in trade with the US. According to the Ministry of Investment, Trade and Industry (Miti), the country's exports grew 16.4% year-on-year (y-o-y) to RM133.56bil...

Singapore consumers to have greater flexibility on imported food items under proposed law

SINGAPORE: Consumers will have greater flexibility to import food – whether meat or processed goods – for personal consumption, under a new law proposed in Parliament on Tuesday (Nov 12). Under the Food Safety and Security Bill (FSSB), each person will be allowed to bring in a total of 15kg of food across all categories for...

Singapore seizes 1.5 tonne of illegally imported fresh produce and processed food from Malaysia

SINGAPORE (Bernama): Around 1.5 tonne of illegally imported fresh produce and processed food from Malaysia has been seized by the Singapore Food Agency (SFA) after a joint operation with the Immigration and Checkpoints Authority (ICA) earlier this week. SFA and ICA in a joint statement said the operation was conducted from March 25 to 26 on...