Malaysia’s current account balance recorded a surplus of RM14.3 billion as against RM16.4 billion in the previous quarter. This was contributed by surplus in goods at RM28.1 billion (Q1 2019: RM33.8 billion) coupled by lower deficit in primary income at RM5.5 billion (Q1 2019: deficit RM10.1 billion). Meanwhile, financial account posted a net outflow of RM18.6 billion compared to RM13.8 billion in the first quarter of 2019. This was largely due to outflow in portfolio investment and direct investment.
Foreign Direct Investment (FDI) registered a lower inflow of RM4.4 billion from RM21.7 billion last quarter. The FDI were mainly from Hong Kong, United States of America and Ireland. Nonetheless, Malaysia’s Direct Investment Abroad (DIA) surged to RM12.6 billion as compared to RM5.5 billion in preceding quarter. The main destinations of DIA were Netherlands, United Kingdom and Cayman Islands.
The international reserves of Bank Negara Malaysia stood at RM425.4 billion as compared to RM420.2 billion last quarter.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
16 August 2019
Rohaida binti Mohamad
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : rohaida.mohamad[at]dosm.gov.my