Malaysia

Malaysia’s trade surplus widened to MYR 15 bln in July, the largest since March, from MYR 6.4 bln a year earlier, beating forecasts of MYR 5.7 bln. Exports rose 6.8% YoY to MYR 140.4 bln, driven by manufacturing (+9.0%), while imports edged up 0.6% to MYR 125.5 bln, supported by capital goods (+20.6%). For Jan-Jul, the surplus reached MYR 70.3 bln, with exports up 4.3% and imports 5.1%.