Subdued demand: RAM says Malaysia’s exports and imports are likely to reduce by 1.8% and 1.1%, respectively in July.
PETALING JAYA: RAM Ratings expects Malaysia’s exports and imports to reduce by 1.8% and 1.1%, respectively in July, resulting in a narrower overall trade surplus of RM7.7bil for the month.
In a statement, RAM said the continued contraction estimated is consistent with the subdued global demand amid heightened uncertainties.
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