Russia-Ukraine war may have ‘direct muted impact’ on M’sian economy, says think tank

PETALING JAYA: The Russian-Ukraine war may have a “muted direct impact” on the Malaysian economy, according to the Socio-Economic Research Centre (SERC).

Its executive director Lee Heng Guie (pic) said this is because Russia only accounts for 0.4% of Malaysia’s trade while Ukraine accounts for 0.1%.