KUALA LUMPUR, Dec 28 — MIDF Investment Bank Bhd has revised upward Malaysia’s full-year exports and imports growth projection for 2021 following the strong growth in the recent months.
“While Malaysia stands to benefit from the sustained growth in external demand, the slowdown in China and tighter Covid-19 restrictions in other countries are among the risks that could affect exports outlook,” it said in a research note today. On the November 2021 performance, MIDF Investment Bank said the total trade rose to a new record high, growing grew further by 34.9 per cent to RM205.5 billion year-on-year following sustained expansion in both exports and imports.
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