Thailand, Malaysia see strong export rebound on tech upcycle

SINGAPORE — Southeast Asian exports got off to a strong start to the second half of the year, with economies such as Thailand and Malaysia posting their fastest growth in nearly two years in July as overseas demand for electronics bounces back from a sustained rebound. rise in semiconductor circuit.

Exports of goods, particularly to the US and other Western economies, led the growth, despite falling demand from China, the region's largest trading partner, according to the latest government data. Intra-ASEAN exports have also increased, accounting for more than 20% of the regional bloc's total.

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