Malaysia experienced an 18% increase in investments in July, with trade rising by 9.28% to RM1.6 trillion. Minister Tengku Datuk Seri Zafrul Abdul Aziz highlighted China's role as Malaysia's top trading partner for 15 years, with RM451 billion in trade for 2023. The extension of the Malaysia-China Five-Year Economic and Trade Cooperation Programme and the establishment of a National Single Window (NSW) aim to modernize trade processes. MyEG and FMFF signed an MOU to promote ZTrade, a Web 3 platform for digitizing trade documents, enhancing cross-border trade efficiency.INVESTMENT SOAR 18% IN JULY AS INTERNATIONAL PARTNERSHIPS PAY OFF
Malaysia experienced an 18% increase in investments in July, with trade rising by 9.28% to RM1.6 trillion. Minister Tengku Datuk Seri Zafrul Abdul Aziz highlighted China's role as Malaysia's top trading partner for 15 years, with RM451 billion in trade for 2023. The extension of the Malaysia-China Five-Year Economic and Trade Cooperation Programme and the establishment of a National Single Window (NSW) aim to modernize trade processes. MyEG and FMFF signed an MOU to promote ZTrade, a Web 3 platform for digitizing trade documents, enhancing cross-border trade efficiency.
