For the first quarter of the year, Malaysia's exports increased by 21.4% this year to RM224.7 billion.
A new shipping route of the General Santos-Davao City and Bitung North Sulawesi tri-city has been initiated, which will drastically reduce the export cost.
However, the numbers indicate a setback as previous quarter's growth was 2.9 per cent.
China is prepared to raise the investment ceiling in the Bilateral Investment treaty.
The US dollar dropped as much as 0.6 percent, while gold and oil prices rallied hard.
With the market tightening, industry insiders expect more price cuts.
Home sales rebounded in the first two months of the year with an increase in new starts.
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.1 percent.
Spot gold rose 0.5 percent to $1,224.70 per ounce at 0313 GMT after touching $1,225.76.
The Singapore dollar has fallen 0.64% against the USD this week, moving off a 4-month high of 1.3975 fetched earlier in the week.
The Nikkei PMI came in at 51.4 down from 51.6 in Jan. The Feb SIPMM indicator was also down to 50.9 from 51.0.
The overnight policy rate is held at 3%.
Retail sales numbers came better than expected but industrial output was below expectations. CPI data is due on Friday.
The SGD is trading near two-month high versus the Hong Kong dollar too.
So far this month, the Singapore dollar is 0.5% up against the greenback, adding to the 2.7% rally in January.