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BUTTERWORTH, April 12 (Bernama) -- Malaysia will leverage its strong ties with the United States, Europe, China and ASEAN to seek a resolution to the US retaliatory import tariffs, Prime Minister Datuk Seri Anwar Ibrahim said.
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BACHOK, April 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the United States' (US) move to impose retaliatory import tariffs on several countries, including Malaysia, could strain Malaysia’s trade and investment relations with China.
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By Siti Noor Afera Abu
KUALA LUMPUR, April 12 (Bernama) -- The ringgit is expected to extend its gains against the US dollar next week, potentially trading between 4.41 and 4.42, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
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KUALA LUMPUR, April 11 (Bernama) -- MY E.G. Services Bhd (MYEG) has signed an agreement with Guangxi-based Beitou IT Innovation Technology Investment Group Co Ltd to set up the Malaysia-China Artificial Intelligence (AI) Innovation and Cooperation Centre as the Flagship China-ASEAN AI Lab.
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KUALA LUMPUR, April 11 (Bernama) -- Malaysia Semiconductor IC Design Park has established strategic partnerships involving Brazil’s ChipInventor and Amazon Web Services (AWS) with the support of the Embassy of Brazil in Malaysia through the Innovation Diplomacy Programme as well as the Brazilian Ministry of Science, Technology, and Innovation.
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GEORGE TOWN, April 11 (Bernama) -- The Penang state government will establish a tariff monitoring task force as part of its strategic response to the United States’ (US) recent tariff announcement.
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KUALA LUMPUR, April 11 (Bernama) -- Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz received a courtesy visit from Indonesia's Deputy Minister of Foreign Affairs, Arif Havas Oegroseno, to discuss recent developments in bilateral relations, including issues related to United States (US) tariffs.
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KUALA LUMPUR, April 11 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) urged local businesses, particularly small and medium enterprises (SMEs), not to be over reliant on a single market in light of the United States’ (US) 90-day pause on reciprocal tariff while the 10 per cent baseline rate remains in place.
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KUALA LUMPUR, April 11 (Bernama) -- Malaysia, as the ASEAN chair this year, has requested, through its Foreign Ministry, a special United States (US)-ASEAN summit to discuss the tariff issue.
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KUALA LUMPUR, April 11 (Bernama) -- The ringgit opened higher against the US dollar today as investors remained cautious after Washington announced a 90-day pause in reciprocal tariffs for all countries except China.
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By Zarul Effendi Razali
KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) concluded today, with the grouping endorsing Malaysia’s Priority Economic Deliverables (PED) against a backdrop of debilitating tariffs imposed on member states, but it prodded members to further reaffirm their commitment to deepening financial integration and reinforcing regional economic resilience.
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By Durratul Ain Ahmad Fuad and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, April 10 (Bernama) -- Uncertainties in the foreign exchange market will continue to prevail until there is greater clarity on policy direction, particularly regarding the tariff lengths, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.