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NEW UPDATES Asean Affairs  11 January  2016  

Malaysian exports rise in November

MALAYSIA’S exports in November rose at only half the pace anticipated, but economists said the country’s trade picture remains satisfactory given the weak state of global demand.

Government data yesterday showed exports grew 6.3 per cent year-on-year, compared to the median forecast in a Reuters poll for a 12.2 per cent rise.

Southeast Asia’s third-largest economy has been hit by weak global prices for its commodity exports, and by a slowdown in China, which in November was the biggest buyer of Malaysian’s exports.

From a year earlier, November earnings from liquefied natural gas tumbled while those from electronics and electrical products, the biggest export, increased only marginally.

“The export figures are a little bit disappointing, but considering what we’ve seen in the rest of the region, Malaysia’s (export numbers) are still going up and that’s going to continue going forward,” said Euben Paracuelles, an economist with Nomura in Singapore.

“Outside of commodities, a lot of Malaysia’s manufactured exports are going to the US and this should help to offset the effects from the slowdown in China.”

Malaysia only reports trade figures in ringgit, which slumped more than 18 per cent against the US dollar in 2015.

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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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