Malaysia's commodity exports decline 19% y/y during Jan 2009 to Nov 2009.

By bne IntelliNews January 27, 2010
According to Bloomberg , Plantation Industries and Commodities Minister Bernard Dompok stated on Tuesday that Malaysia's commodity exports declined by 19% y/y MYR 84.6bn during the period Jan 2009 to Nov 2009. Dompok said that the decline in exports was caused by weak external demand resulting from the global financial crisis. Dompok also said that by 2020, the country's exports of palm oil products were likely to increase to over MYR 100bn and its exports of timber were likely to increase to MYR 53bn.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Dismiss