RAM: Malaysia exports growth likely to be slower in June

Activity fell in Malaysia and Taiwan, a sign the U.S.-China trade conflict's impact on the rest of Asia was broadening.

KUALA LUMPUR: RAM Ratings expects Malaysia’s export growth to slow down in June after the jump in May due to slower demand for exports from China and Singapore, after consecutive months of rapid build-up in capacity and re-stocking.

The ratings agency said in a statement that it expected June export growth to be a healthy 17.5% though slower than the steep 32.5% in May.