Malaysia reports rising trade volumes and stable energy logistics growth

Malaysia is reporting significant growth in trade, with July exports rising 38 percent year-on-year to 193.6 billion Ringgit and imports increasing by 36.4 percent.

In the corporate sector, Malaysian shipping and energy logistics firm MISC Berhad is seeing sustained performance driven by stable rates in the LNG and tanker markets. The company reported multi-billion Ringgit revenues and supported EBIT through high utilization of its fleet. MISC continues to maintain a consistent dividend policy, offering mid-single-digit yields.

Other regional business highlights include record new business figures for AIA in the first half of the year and a new share buyback program from Zip.