KUALA LUMPUR, Oct 8 (Bernama) — Malaysia’s economic growth is expected to face external risks in 2027, particularly geopolitical uncertainties, US trade protectionism, and high interest rates in advanced economies, an economist said. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ongoing conflict in the Middle East and protectionist policies under US President Donald Trump’s administration were among the external developments that warrant attention. “The biggest risks are certainly external factors. We see that the war in West Asia is still ongoing. Then, the protectionist policies of the Trump administration remain widespread. “More recently, we […]

KEPALA BATAS, April 26 (Bernama) — Malaysia’s trade strategy is now focusing on diversifying markets to reduce dependence on a particular region, while strengthening the resilience of the country’s exports, especially amid global geopolitical uncertainties. Malaysia External Trade Development Corporation (MATRADE) chairman Datuk Seri Reezal Merican Naina Merican said the approach is implemented through the “Diversification Programme” strategy, which focuses on expanding export destinations to non-conflict areas such as Central Asia and Africa. He said Malaysia’s exports to West Asia currently account for only about 2.7 per cent, indicating significant room for expansion through market diversification. “The strategy we are […]

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