What can M'sia do if the Trans-Pacific Partnership Agreement falls under Trump?

AllianceDBS Research chief economist Manokaran Mottain, who does not expect a rate cut this year, told StarBiz any move in that direction would depend on the economy

OVER the years, trade has become an essential component for sustainable economic growth in regional economies, in particular Malaysia. In fact, Malaysia has enjoyed an average trade to gross domestic product (GDP) ratio of 148% between 2010 and 2015.

According to the World Trade Organisation’s (WTO) trade profiles, Malaysia is well above the average global trade to GDP ratio of 56%.