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MALAYSIA: Country Wrap:  Malaysia to be Neutral in Trade War. 

MALAYSIA
  • Malaysia will maintain its ‘soft diplomacy’ strategy to strengthen trade relations with the United States while upholding a neutral stance amid escalating global geopolitical uncertainties, Investment, Trade, and Industry Minister Tengku Zafrul Abdul Aziz told Parliament (source: Intellinews).
  • Malaysia’s trade recorded the 13th successive month of y/y growth in January rising 3.1% to RM241.95bil compared to January 2024. Exports grew for the fourth consecutive month, increasing by 0.3% to RM122.79bil, while imports rose by 6.2% to RM119.16bil. (source: The Star)
  • The FTSE Bursa KLCI has reverse two days of losses, to gain +0.42% on Friday.
  • MYR:  like its regional peers, the Ringgit has had a good end to the week, gaining +.19% to 4.4208
  • Bonds:  Malaysia’s 5YR was the outperformer today, with yields lower by -2.5bps to 3.60%
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  • Malaysia will maintain its ‘soft diplomacy’ strategy to strengthen trade relations with the United States while upholding a neutral stance amid escalating global geopolitical uncertainties, Investment, Trade, and Industry Minister Tengku Zafrul Abdul Aziz told Parliament (source: Intellinews).
  • Malaysia’s trade recorded the 13th successive month of y/y growth in January rising 3.1% to RM241.95bil compared to January 2024. Exports grew for the fourth consecutive month, increasing by 0.3% to RM122.79bil, while imports rose by 6.2% to RM119.16bil. (source: The Star)
  • The FTSE Bursa KLCI has reverse two days of losses, to gain +0.42% on Friday.
  • MYR:  like its regional peers, the Ringgit has had a good end to the week, gaining +.19% to 4.4208
  • Bonds:  Malaysia’s 5YR was the outperformer today, with yields lower by -2.5bps to 3.60%