RM1.7t trade value in first seven months - Nga

Trade value from January to July neared RM1.7 trillion, said Perak DAP chief Nga Kor Ming.

“Malaysia recorded a trade value of RM1.69 trillion in the first seven months of this year,” he said in his opening speech at the state DAP convention today.

According to Malaysiakini calculations based on current projections, the country is on course for a record figure of approximately RM2.9 trillion.

Nga also said Bank Negara Malaysia (BNM) reserves are at RM116.9 billion, an increase of RM60 billion in 20 months.

“And more good news, the BNM reserve money has increased to RM116.9 billion, the highest level it has been since 2022,” the housing and local government minister said, crediting it to the Madani government’s leadership.

Performance-based

Separately, Nga denied claims that DAP was a party for only the ethnic Chinese, saying that it is a multiracial party that is performance- and merit-based.

Further, he commended four party members who had stepped down from the state committee polls.

He said the assemblypersons decided to do so to allow the remaining 15 candidates to win uncontested.

The four are Thulsi Manogaran (Buntong), Angeline Koo Hai Yen (Keranji), Cheah Pou Hian (Jelabang), and Paul Yong Choo Kiong (Tronoh).

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