MIMA Bulletin Volume 25 (1) 2018

Download or read book MIMA Bulletin Volume 25 (1) 2018 written by and published by Maritime Institute of Malaysia (MIMA). This book was released on 2018-06-29 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Malaysia relies heavily on the seas for trade activities to generate economic growth and for financing the country’s sustainable development. Its strategic location straddling the Straits of Malacca and the South China Sea, one of the world’s most important ship ping routes, makes its shipping industry one of the central pillars of its economic and social life. In 2017, Malaysia recorded a total trade of RM1.77 trillion, the highest rate in 13 years, compared to RM1.49 trillion recorded the previous year (MATRADE).