The minister bases his optimism on improving global economic conditions.

The palm oil industry is blamed for the rampant clearing of rainforests.

It anticipates the global economic slowdown to dampen Malaysia’s exports.

Russian exports were back to pre-invasion levels in April.

China’s economic slowdown will have an impact. 

This is to meet domestic demand as infections surge, sources say.

DOSM says total trade widened 4.1 percent y-o-y to RM162.6 billion.

It claims its past attempts to explain itself to the US Customs and Border Protection agency have been futile.

Of the amount, furniture products made up the highest export at RM9.14 billion, followed by plywood products, plantation industries minister says.

The international financial institution advises the gov't to do more to help needy citizens in the wake of Covid-19.

The exemption on export duty is to boost the commodity sector.

Exports in February had risen 11.8 percent, the strongest on-year growth in 16 months.

LETTER | The steps taken by the govt must be far-reaching and effective.

Seek intervention from the World Trade Organisation if importing countries impose discriminatory trade barriers, the prime minister adds.

However, government data showed pace of growth slower than expected.