Malaysia Q1 c/a surplus widens to 15.0 bln ringgit
(Adds income and balance rows in Current Account table)
KUALA LUMPUR, May 17 (Reuters) - Malaysia's current account
surplus widened to 15.0 billion ringgit ($3.78 billion) in the
first quarter of the year from 13.9 billion ringgit in the
previous three months, the government said on Thursday.
Portfolio investment saw a net outflow of 2.6
billion ringgit, compared with an inflow of 11.6 billion ringgit
in the fourth quarter of 2017.
Foreign direct investment rose to 12 billion ringgit in
January-March, compared with 3.4 billion ringgit in the fourth
quarter, it said.
KEY DATA
Details of the current and financial accounts (all figures
are in billions of ringgit and may not total exactly):
CURRENT ACCOUNT Q1 2018 Q4 2017 Q3 2017 Q2 2017
Goods 35.7 34.1 31.7 27.0
Services -5.8 -6.9 -4.9 -5.0
Income -14.9 -14.2 -14.3 -12.4
Balance 15.0 13.9 12.5 9.6
FINANCIAL ACCOUNT Q1 2018 Q4 2017 Q3 2017 Q2 2017
Portfolio investment -2.6 11.6* -5.1 16.0
Direct investment -1.3 1.9* -2.9* -15.8*
FDI 12.0 3.4* 11.7* 8.7*
Other investment 6.4 -9.5* -3.5* -1.3
(* indicates revised figures)
($1 = 3.9680 ringgit)
(Reporting by Joseph Sipalan; Editing by Richard Borsuk and
Sherry Jacob-Phillips)