“Malaysia’s palm oil-related sector is also particularly vulnerable to trade measures by India, given the significance of the latter as an export destination, ” RAM Rating said.
KUALA LUMPUR: Malaysia’s current healthy export momentum to India may be significantly dampened if there are restrictions against the import of palm oil-related products by that country, according to Ram Ratings.
This is because palm oil is the biggest contributor to the overall rise in import demand by India from Malaysia this year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
