Malaysia Freight Transport and Shipping Q4 2018
The Malaysian government’s decision to abolish the Goods and Services Tax in June 2018 will provide a boost forconsumption in the country, with the freight industry well positioned to benefit from the increase in goods transport across thecountry. Rail freight will remain the growth outperformer in the freight mix, supported by robust production in the country’simportant mining sector. Risks in the Chinese economy are growing, which is a concern for Malaysia given that the Asianpowerhouse is its top export destination.
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