Commodities-based sectors early RCEP beneficiaries


“I think the immediate winners will be commodities-based players like palm oil players and palm oil-related products, rubber and rubber-related products and wood and wood-related products which include furniture. We are already quite strong in these industries, ” said independent project consultant Guanie Lim.

PETALING JAYA: Commodities-based industries are expected to be one of the early beneficiaries of the Regional Comprehensive Economic Partnership (RCEP) given Malaysia’s strong position in the sector.

The trade agreement will see member countries reducing 80%-90% of tariff lines and maintaining carve-outs for agricultural products.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


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!
RCEP , commodities , beneficiaries , Lee Heng Guie , trade

Next In Business News

Trading ideas: Deleum, Able Global, Eco World, Glostrext, GDB, Meta Bright, Sunzen, Maxis, Hartalega, Cahya Mata, Gas Malaysia, Ranhill Utilities, MGB, Seng Fong, MYEG
S&P 500, European shares end at record highs as markets digest earnings, tariffs
Deleum wins PETRONAS Carigali contract
Exim Bank appoints new president, CEO
OCBC client facility redefines wealth management in Malaysia
Export performance in the spotlight
Virgin overtakes Qantas as largest domestic airline
EU joint funds gain support as leaders face defence needs
Eco World buys remaining 40% in PPSB
MyEG Services optimistic about long-term growth

Others Also Read