Malaysia exports surge in August

Published October 2, 2002

KUALA LUMPUR, Oct 1: Malaysian exports, fuelled by strong growth in oil products and sustained demand for electronic goods, surged to their highest level in 22 months, the government said on Tuesday.

The performance pushed the trade surplus to 4.6bn ringgit in August from 4.05bn ringgit in July, the Ministry of International Trade and Industry said.

Exports grew 13.8pc year-on-year to 31.5bn ringgit, posting double-digit growth for the second straight month, it said.

But the data showed exports slowing on a month-on-month basis, growing just 1.6 per cent in August following a 6.7 per cent expansion in July.

“It’s not that impressive. Exports have slowed down slightly,” said Manokaran Mottain, economist at SBB Securities.

“The impact (from the US) will be there, but thank goodness, there are sources of demand from intra-Asian trade,” Mottain said.—Reuters

Opinion

Editorial

GB polls’ aftermath
11 Jun, 2026

GB polls’ aftermath

IT appears that the PPP is in a comfortable position to form the government in Gilgit-Baltistan after Sunday’s...
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...
Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...