RHB Bank cautious about Malaysia’s export outlook despite April surge


KUALA LUMPUR: RHB Bank Bhd has maintained a cautious outlook on Malaysia’s export performance despite a surge in April exports, citing persistent global uncertainties and potential risks from United States (US) tariff policy developments.

In its latest Global Economics and Market Strategy report, RHB Bank economist Chin Yee Sian said Malaysia’s April exports rose by 16.4 per cent year-on-year (y-o-y) - significantly higher than the 7.5 per cent market consensus and its 10.3 per cent projection - but the momentum may not sustain.

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