MALAYSIA FINANCIAL NEWS
Announced Rafida Aziz, Minister of Trade and Industry of Malaysia that the country recorded a trade surplus for the year tenth consecutive hit 100.5 billion Riz (dollar equivalent of 3,240 Riz) during in 2007, the second highest surplus was recorded.
She realised in their statements reported by the Kuwaiti news agency "KUNA that" the volume of total trade increased by 3.7% to reach 1,109 trillion Riz through in 2007, compared with 1,069 trillion for 2006, pointing out that the trade volume exceeded total Malaysian Riz trillion for the second consecutive year.
The total export record 605.1 billion Riz high rate of 2.7% in 2007 while the total imports rose by 4.9%, recording 504.5 billion Riz.
She stressed that the diversity of markets led to the stability of the Malaysian export growth, pointing to the Malaysian economy strong and able to withstand the successive crises amid done to the American economy recently.
She pointed out that the growth of the international economy over the past year signed by the World Bank increased by 3.6% led to the stability of the global demands for imports, which led to the support level of Malaysian exports.
