LATEST NEWS   APAD revokes the operator licence of MFG Barokah Enterprise following the crash in Gemas Baharu, Johor, which claimed three lives | The govt is warning corporates to stop channel switching activities and instead buy fuel at market prices, or they will face enforcement action -- Amir Hamzah | Global energy crisis: Moves to maintain targeted diesel subsidies ensure critical sectors like fishing, public transport can enjoy diesel at controlled prices - Amir Hamzah | Low supply, high demand, security threat, soaring delivery costs have caused global oil prices to rise sharply - Amir Hamzah | Global energy crisis: Government now bears RM6 billion in petrol and diesel subsidies, compared to RM700 million before the war - Amir Hamzah | 

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Penang Actively Conducting Investment, Trade Missions To Reduce Impact Of US Tariffs

GEORGE TOWN, May 19 (Bernama) -- Penang, through its state investment agency InvestPenang, is actively conducting investment and trade missions to foreign countries to reduce the impact of the United States (US) tariff hike on the state's economy.

Australia Negotiating With Malaysia To Boost Halal Export Trade

KUALA LUMPUR, May 19 (Bernama) – Australia is negotiating with Malaysia on a strategic partnership to boost its halal meat export industry.

1Q GDP Growth In Line With Advance Estimates, Higher Than Previous Corresponding Quarter -- MOF

KUALA LUMPUR, May 16 (Bernama) -- A rousing performance across key economic sectors lifted Malaysia’s gross domestic product (GDP) by 4.4 per cent in the first quarter of 2025 (1Q 2025), in line with the GDP advance estimates and higher than the 4.2 per cent growth recorded in 1Q 2024.

Anwar Warns Rising Protectionism Threatens Global Trading System

KUALA LUMPUR, May 15 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim has warned that unilateral actions and the rise of protectionism by economic superpowers go against the grain of free trade and threaten the entire global trading system, especially small developing economies. 

ASEAN Seeks To Expand Membership In RCEP, CPTPP To Boost Regional Economic Integration

KUALA LUMPUR, May 15 (Bernama) -- ASEAN is seeking to expand membership in two key trade agreements – the Regional Comprehensive Economic Partnership (RCEP) and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) – as part of efforts to strengthen regional economic integration.

Malaysia Should Leverage US-China Tariff Pause To Reposition Itself -- Economists

By Naveen Prabu Kuppusamy

KUALA LUMPUR, May 14 (Bernama) -- The 90-day tariff pause between the United States (US) and China offers Malaysia a critical opportunity to reposition itself economically, according to economists.

Govt's Boost To SJPP Guarantee Schemes Timely, Execution Crucial - SBF

KUCHING, May 6 (Bernama) -- The government’s decision to raise guarantees under the Business Financing Guarantee Scheme (SJPP) by RM1 billion is a timely move to strengthen business confidence and enhance liquidity among Malaysian small and medium enterprises (SMEs).

Anwar’s Leadership And MADANI Govt Lauded In US Tariff Issue – Nazir Razak

KUALA LUMPUR, May 6 (Bernama) – The Malaysian chapter of the ASEAN-Business Advisory Council (ASEAN-BAC) has complimented Prime Minister Datuk Seri Anwar Ibrahim’s leadership and the MADANI government in handling the United States (US) tariff issue in a calm and balanced manner and protecting national interests.

Economists Lower Malaysia's GDP Growth Forecast To 4.5 Pct, Remain Confident In Economy's Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.

Trade Protectionism Disrupts Global Trade - ASEAN+3

KUALA LUMPUR, May 5 (Bernama) -- Rising trade protectionism impacts global trade, causing economic fragmentation that affects trade, investment, and capital flows throughout the region, as concluded in the 28th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3).

RISDA Finds New Source of Wealth For The Country, Eyes Launch By Early 2026

By Nadia Jumri

KUALA LUMPUR, May 1 (Bernama) -- The Rubber Industry Smallholders Development Authority (RISDA) is finalising a preliminary study on the development of biofuel products based on scrap rubber, with a target to announce its effectiveness for widespread use by early 2026. 

RISDA Finds New Source of Wealth For The Country, Eyes Launch By Early 2026

KUALA LUMPUR, May 1 (Bernama) -- The Rubber Industry Smallholders Development Authority (RISDA) is finalising a preliminary study on the development of biofuel products based on scrap rubber, with a target to announce its effectiveness for widespread use by early 2026.