M’sia-Thai trade to hit US$30bil


KUALA LUMPUR: Encouraging greater cross-border trade and investments will help both Malaysia and Thailand in achieving US$30bil worth of bilateral trade by 2018, said the National Chamber of Commerce and Industry of Malaysia (NCCIM).

Vice-president Datuk Liew Sew Yee said its Thai counterpart had submitted proposals to boost border trade, which accounted for over 60% of the current trade between both countries. “Our Thai counterpart has proposed 24-hours or longer custom operation hours at the border to facilitate movement of goods.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Malaysia , Thailand , trade

Next In Business News

TSMC fourth-quarter profit leaps to record driven by AI boom
Bursa Malaysia slips as profit-taking hits heavyweight counters, KLCI down 0.33%
Malaysia's construction, sub-contractor industries urged to expand into Asean, India- AIEC
Kerjaya Prospek unit bags RM201.25 construction contract in Sungai Buloh
Oil drops as Trump calms Iran fears; tech stocks slide in Asia
Bank Negara's OPR expected to remain at 2.75% throughout 2026 - BMI
Ringgit edges up as softer US yields weigh on greenback�
Global trade finance gap at US$2.5 trillion as global trade tensions rise, ADB says
FBM KLCI hovers above 1,700 support
Former army chief Zamrose resigns as Boustead Heavy Industries director

Others Also Read