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NEWS UPDATES Asean Affairs    8 April  2016  

Malaysia’s Feb exports rebound

MALAYSIA”S exports in February rose faster than forecast due to stronger palm oil demand and a jump in tech shipments to the United States.

Exports in February grew 6.7 per cent from a year earlier, government data showed on Wednesday, more than double economists’ estimates of 3.1 per cent growth. January exports had declined 2.8 per cent, falling for the first time since May 2015, hit by the effects of weak global oil prices.

Malaysia, the world’s second-largest producer of palm oil, saw a 6.6 per cent annual rise in palm oil exports in February, as prices for the commodity improved although weak energy prices continued to pose a drag.

Economists said the rebound in exports in February was partly due to a low base of comparison last year. A recovery in commodity prices, however, would help sustain exports and the economy in the coming months although momentum had slowed.

“The healthy trade balance and positive export growth paints an overall resilient picture for Malaysia,” said Jeff Ng, an economist for Standard Chartered.

Exports to the United States in February grew 21 per cent from a year earlier to 2.21 billion ringgit (US$565.5 million).

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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