Downside risks expected to persist

AmBank Research said the downside risks on Malaysia’s exports and imports are reflected by the poor manufacturing activities data from the Markit Manufacturing PMI which is still in contraction in the region.

KUALA LUMPUR: Given the drop in global trade from the Covid-19 outbreak, coupled with a global tech downcycle and weaker commodity prices, the downside risks on Malaysia’s exports and imports are expected to remain in the near future.

AmBank Research said the downside risks on Malaysia’s exports and imports are reflected by the poor manufacturing activities data from the Markit Manufacturing PMI which is still in contraction in the region.