KUALA LUMPUR, March 2— Moody’s Analytics expects Malaysia’s monthly trade surplus is likely to widen in January to RM7.8 billion from the RM7.2 billion last December.
In its Asia-Pacific Economic Preview: March 5-9 released today, Moody’s Analytics predicted that Malaysia’s annual export growth was likely to pick up from its lull in December, coming in at 4.9 per cent year-on-year.
“We expect tech shipments will remain a bright spot amid robust consumer demand. Another bright spot will be palm oil, which had a tough time in December.
“A rebound is expected through the first quarter, as Malaysia has suspended export duties on crude palm oil,” it said. — Bernama