Improving trade: Northport in operation. Gross exports and imports are expected to rebound to 8.2% and 9.1%, respectively, which will see a wider trade surplus of RM192.2bil as compared to RM184.8bil in 2020.
IN times of economic uncertainties where waves of disruption may delay the journey to recovery, Bank Negara’s guiding beacon provides the much needed light in navigating through uncharted waters.
Indeed, the central bank’s 2021 projections took on a cautiously optimistic tone but that is all the market needed to kick off the second quarter of the year on a more positive note as it moves forward from the gross domestic product (GDP) contraction of 5.6% in 2020.
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