Economic momentum seen on the uptrend

Better performance: An aerial view of Penang Port. Malaysia’s exports in July rose by 3.1% to RM92.53bil from a year ago and it was the second highest export value ever registered, after RM97.12bil in October 2018.

PETALING JAYA: Malaysia’s economic momentum is set to pick up on a steady note in the second half of 2020 after beating market consensus to record among its best trade figures last month.

Economists and analysts share the view that the country’s economic recovery post-pandemic is on the right footing but concede that risks still lie over the resurgence of the coronavirus disease (Covid-19), geopolitical tensions and the trade war between the United States and China.