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.

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