New Market Study Published: Malaysia Shipping Report Q3 2012
Two forces appear to be pulling the Malaysian ports and shipping industry in different directions this year. On the downside, the world economy remains somewhat troubled, and global demand has weakened. This means that Malaysian GDP and foreign trade growth is slowing down in 2012 compared to 2011. BMI predicts GDP growth at 3.3%, down from 5.1% last year, for example. But on the upside, the country's major ports (Port Klang and Port Tanjung Pelepas) continue to outperform for a...
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