By Saurabh Chaturvedi
SINGAPORE--Malaysia's current-account surplus for the second quarter rose to 6 billion ringgit ($1.36 billion) from 1.9 billion ringgit in the previous quarter, according to Malaysia's department of statistics.
The increase in the current account surplus was mainly due to a higher surplus on the goods account and a lower deficit on the secondary income account, it said.
The surplus on the goods account grew to MYR26.5 billion from MYR19.8 billion in the previous quarter, it said. The deficit on the secondary income account fell to MYR4.6 billion from MYR5.1 billion, it added.
Foreign direct investment in Malaysia saw a net inflow of MYR6.5 billion from MYR8.8 billion in the second quarter.
Write to Saurabh Chaturvedi at firstname.lastname@example.org
(END) Dow Jones Newswires
November 10, 2016 23:27 ET (04:27 GMT)
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