Ringgit Remains Resilient Despite Uncertainties Due To US Tariffs - BNM

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. 

ASEAN To Re-establish Swap Arrangement To Enhance Financial Safety, Resilience - Joint Statement

By Danni Haizal Danial Donald

KUALA LUMPUR, April 10 (Bernama) -- ASEAN is looking forward to re-establishing the ASEAN Swap Arrangement (ASA) to strengthen the region’s financial safety net and resilience, according to a joint statement from the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).

US Tariff To Take Centre Stage At ASEAN-US Meet With Cambodia As Host

By Harizah Hanim Mohamed

KUALA LUMPUR, April 10 (Bernama) – Country coordinator Cambodia for the ASEAN-United States (US) dialogue for the 2024-2027 cycle will host a meeting of the grouping’s economic ministers and American trade officials from April 22-23, with US tariffs expected to take centre stage.

Malaysia, ASEAN To Engage New Zealand, Other Trade Partners On Regional Economic Prosperity

KUALA LUMPUR, April 10 (Bernama) -- Malaysia and ASEAN will continue to discuss and engage in dialogue with New Zealand and other key trading partners to develop an inclusive strategy to overcome challenges such as the US tariffs for the benefit of regional economic prosperity, said Prime Minister Datuk Seri Anwar Ibrahim.

ASEAN To Explore Financing Structures, Alternative Tools Including Islamic Finance For ASEAN Power Grid

KUALA LUMPUR, April 10 (Bernama) -- ASEAN member states will explore suitable financing structures and alternative tools, including Islamic finance solutions, to finance the ASEAN Power Grid (APG) projects as well as sustainable infrastructure development.

LuMIC To Attract RM72 Bln Investments, Create Over 50,000 Jobs By 2050 -- Saarani

KUALA LUMPUR, April 10 (Bernama) -- The development of the Lumut Maritime Industrial City (LuMIC) in Perak is expected to attract RM72 billion in investments and create over 50,000 job opportunities within the next 25 years, said Perak Menteri Besar Datuk Seri Saarani Mohamad.

ASEAN To Work Constructively With Member States And The US To Promote Sustainable Global Economy - Amir Hamzah

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 10 (Bernama) -- ASEAN is prepared to collaborate constructively with all partners, including the United States (US), to discover balanced, forward-looking solutions that promote a more resilient and sustainable global economy, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

ASEAN Stands Ready To Respond To Market Volatility From Tariffs Tension - AFMGM Statement

By Siti Baaqiah Mamat

KUALA LUMPUR, April 10 (Bernama) -- The imposition of United States’ (US) tariffs and the potential for retaliatory measures could lead to heightened volatility in capital flows and exchange rates, according to a joint statement of the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).

Ringgit Rebounds Following 90-day Tariff Pause

By Siti Noor Afera Abu

KUALA LUMPUR, April 10 (Bernama) -- The ringgit ended firmer against the US dollar on Thursday, snapping a three-day losing streak following US President Donald Trump’s 90-day pause in reciprocal tariffs for all countries except China.

Countries Should Use WTO Platform To Resolve Trade Issues, Problems - PM Anwar

By Nor Baizura Basri and Karina Imran

KUALA LUMPUR, April 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim strongly believes that trading countries should use the World Trade Organisation (WTO) platform to resolve trade issues and problems, including tariffs.

ASEAN Yet To Decide On Date For Special Leaders’ Meeting To Discuss US Tariffs

By Harizah Hanim Mohamed

KUALA LUMPUR, April 10 (Bernama) -- Malaysia, as the ASEAN chair this year, is working to set a date for the Special Leaders’ Meeting to discuss the bloc’s way forward in addressing and mitigating potential disruptions to regional trade caused by the tariffs imposed by the United States.

Airbus, AMIC To Advance SAF Supply Chain Research In Asia-Pacific

KUALA LUMPUR, April 10 (Bernama) -- Airbus and the Aerospace Malaysia Innovation Centre (AMIC) have signed a research and technology cooperation agreement to study the supply chain for sustainable aviation fuel (SAF) production across the Asia-Pacific region.