KUALA LUMPUR, Oct 20 (Bernama) -- Elevated oil prices continue to support Malaysia’s petroleum product and liquefied natural gas (LNG) exports, further boosting export earnings, CGS International Securities Malaysia Sdn Bhd (CGSI) said.
Business : High Oil Prices Support Malaysiaâs Export Earnings -- CGSI
CGSI, oil prices, trade, exports, LNG, economy
BE Bernama 
Key points
- In a note today, CGSI said oil and gas-related exports remained supportive, expanding 40.2 per cent year-on-year in September, with petroleum product exports rising by 32.9 per cent and LNG exports increasing by 45.7 per cent.
- CGSI said export growth remained broad-based across major markets, suggesting resilient external demand.
- Malaysia’s export growth accelerated further to 54.5 per cent in September, underpinned by strong demand for manufactured exports, which grew by 58.6 per cent, led by exceptional growth of 69.2 per cent in electrical and electronics products.
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