International market demand expected to pick up


TA Research projects a growth of 4.8% in the country’s exports for 2024.

PETALING JAYA: Improving demand from international markets, together with the anticipated rebound in China’s economy and the global semiconductor market, will bode well for Malaysia’s external sector.

Despite the relapse in exports in February, with a decline of 0.8% year-on-year (y-o-y) in contrast to a growth of 8.7% y-o-y in January, economists are optimistic that Malaysia will see stronger growth in trade this year.

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