MIDF Research is optimistic that Malaysia’s external trade will recover steadily in 2024, with exports increasing 5.2% year-on-year, underpinned by growing global demand and stable commodity prices.
Decreasing exports to China will not affect Malaysia’s economic performance as the reduction is offset by high export rates to the United States, according to Transport Minister Anthony Loke.
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period
