KUALA LUMPUR, June 8 — Malaysia recorded its highest trade deficit in services which widened to RM60.7 billion against a RM47.2 billion deficit in 2020 due to lower inbound travel, the Department of Statistics Malaysia said.
Mohd Uzir said there was “a persistent negative trend” in travel services since 2020 as Malaysian borders remained closed to tourist arrivals, causing the highest deficit in services trade. Meanwhile, manufacturing services saw a trade surplus of RM14.1 billion in 2021, the highest in the past decade.
Holiday Holiday Latest News, Holiday Holiday Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: msianinsight - 🏆 8. / 63 Read more »
Source: msianinsight - 🏆 8. / 63 Read more »