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Record Breaking Q1 Trade and Additional Diesel Aid
By Administrator
Published on 04/22/2026 14:00
News

Malaysia's trade expanded by 10.4% year on year to reach a staggering RM789.85 billion in the first quarter of 2026. The Ministry of Investment, Trade and Industry (MITI) reported that exports rose 12.7% to RM426.53 billion, primarily fueled by the global demand for semiconductors and electrical products. This represents the highest first quarter performance in the nation's history, signaling strong economic resilience despite global volatility.

In a move to alleviate living costs, the Ministry of Finance announced that an additional RM100 in cash assistance under the BUDI Diesel programme will be distributed starting today. This top up brings the monthly aid to RM400 for eligible individuals, farmers, and smallholders. The government aims to ensure that the transition toward targeted subsidies does not disproportionately affect the purchasing power of lower income groups.

On the corporate front, Bursa Malaysia saw the successful debut of MTT Shipping on the Main Market today, with its share price gaining 1.94% in early trading. Overall market sentiment remains cautious but positive as investors monitor the impact of rising global oil prices on Malaysia's energy exports. Analysts suggest that the ringgit may see further strengthening if the country continues to post robust trade surpluses in the coming months.

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