Malaysia's trade, exports return to expansion in January

KUALA LUMPUR: Malaysia's trading activity with its major trading partners bounced back in January, chalking up 13.3% growth to RM234.73bil, its first month of expansion after 10 consecutive months of year-on-year (y-o-y) contraction.

In a statement, the Ministry of Investment, Trade and Industry (Miti) said the January trade value - bolstered by increased trading activity with Asean, the US, the EU and Japan - was the highest monthly value recorded for January.