RAM sees moderate trade growth in February


Head of research Kristina Fong said RAM Ratings projected export expansion to decelerate to 1.4% in February while imports contracted to 3.3%, which would result in an overall trade surplus of RM12.1bil for the month

KUALA LUMPUR: RAM Rating Services Bhd expects moderate trade growth in February due to subdued industrial activity during the Chinese New Year festivities and compounded by an already short working month.

Head of research Kristina Fong said RAM Ratings projected export expansion to decelerate to 1.4% in February while imports contracted to 3.3%, which would result in an overall trade surplus of RM12.1bil for the month.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

RAM , moderate , trade , growth , Malaysia , Kristina Fong ,

   

Next In Business News

Microsoft to invest US$3.2bil in Swedish cloud, AI
ISES 2024: Exploring energy transition through innovation
Global airlines raise profit outlook for 2024
South Korea's BC Card, PayNet launch QR payment tie-up
After China, Zara expands live shopping experiment to Europe and US
Indonesia's inflation rate cools in May, comes in below forecast
AMD launches new AI chips to take on leader Nvidia
Malaysia's tax reforms help stimulate innovation, advanced technologies - BMI
Nvidia unveils roadmap for new semiconductors, reveals new Rubin platform
China's factory activity growth hits 2-year high, Caixin PMI shows

Others Also Read