Malaysia expects slowdown

PUBLISHED : Wednesday, 07 January, 1998, 12:00am
UPDATED : Wednesday, 07 January, 1998, 12:00am

Malaysia's cargo industry expects a slowdown in activity after the Lunar New Year and Malay Hari Raya Puasa holidays at the end of the month.

Port officials and cargo agents said import cargo had slowed in the past two months as a result of the regional economic crisis.

Kelang Port Management, the largest of the three private operators in Port Klang, has seen a decline in imports in late 1997, compared with the corresponding 1996 period.