Malaysia Freight Transport and Shipping Q4 2019
Malaysia is emerging as one of the key beneficiaries from the US-China trade conflict due to its manufacturing capability,Bloomberg reported in June 2019. During the first quarter of 2019, approved foreign direct investment into the manufacturingindustry increased by a huge 127%. Companies are continuing to shift operations from China, in order to avoid higher US tariffs. TheComprehensive and Progressive Agreement for Trans-Pacific Partnership and the Regional Comprehensive Economic Partnershiptrade deals, once ratified, provides plenty of opportunities for Malaysia’s freight industry going forward.
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