KUALA LUMPUR, Jan 18 — MIDF Research projected exports and imports growth to moderate to 9.2 per cent and 9.5 per cent in 2023 respectively, after their strong 25 per cent and...
KUALA LUMPUR, Jan 18 — MIDF Research projected exports and imports growth to moderate to 9.2 per cent and 9.5 per cent in 2023 respectively, after their strong 25 per cent and 31.3 per cent expansion last year.
“We anticipate a positive effect on exports from the ratification of trade agreements, i.e. Regional Comprehensive Economic Partnership and Comprehensive and Progressive Agreement for Trans-Pacific Partnership . MIDF Research added that escalation of geopolitical tensions, trade wars and renewed pressure on the global supply chain could also negatively affect the trade outlook.
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