Export sector outlook positive, say experts

Moody's noted that Malaysia’s November trade figures surprised on the upside, with exports soaring 32.4% year-on-year (y-o-y). This followed a 25.5% increase in October.

PETALING JAYA: The outlook for Malaysia’s export sector remains positive in 2022, with trade primed to lead the country’s return to pre-pandemic growth by the middle of the year, Moody’s Analytics says.

It noted that Malaysia’s November trade figures surprised on the upside, with exports soaring 32.4% year-on-year (y-o-y). This followed a 25.5% increase in October.