Trade Between Malaysia And Singapore Will Increase Despite Global Uncertainty

Bernama.com
12 Aug 2008
By Zakaria Abdul Wahab

SINGAPORE, Aug 12 (Bernama) -- Trade and investment between Malaysia and Singapore will continue to increase although there are uncertainties in the current global economy.

International Trade and Industry Minister, Tan Sri Muhyiddin Yassin, said both countries had become important trading partners over the years and would continue to complement each other's economic and structural needs.

Opening a seminar on Business Opportunities in Malaysia, which is jointly-organised by the trade agencies of both countries, he said Singapore remained Malaysia's second largest trading partner after the US last year, accounting for 14.6 per cent of Malaysia's total trade.

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