1y ago
KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has appointed its deputy secretary-general (trade) Mastura Ahmad Mustafa, one of its most experienced senior civil servants, as Malaysia’s chief negotiator for the upcoming formal tariff negotiations with the United States (US).
1y ago
PUTRAJAYA, 25 April (Bernama) -- Malaysia has imposed an immediate restriction requiring all rubber glove exporters licensed by the Malaysian Rubber Board (MRB) to only export gloves produced by local manufacturers, the Ministry of Plantation and Commodities (KPK) announced today.
1y ago
KUALA LUMPUR, April 21 (Bernama) -- Malaysia appreciates the recent policies introduced in China, as the government actively formulates measures to stimulate domestic consumption.
1y ago
JOHOR BAHRU, April 21 (Bernama) -- The government will prioritise and safeguard national interests in all its bilateral and multilateral trade agreements, Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz said today.
1y ago
KUALA LUMPUR, April 18 (Bernama) -- Malaysia remains optimistic and stands ready to adjust its palm oil export strategy in response to new tariff measures imposed by the United States (US), said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
1y ago
KUALA LUMPUR, April 17 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has strengthened Malaysia’s global trade with the signing of a US$20 million (RM87.80 million) supplier financing facility agreement with Pertama Ferroalloys Sdn Bhd to support the expansion of the company’s production capacity in Bintulu, Sarawak.
1y ago
KUALA LUMPUR, April 15 (Bernama) -- Asia-Pacific credit conditions remain firmly on the downside, given the escalation in China-US relations and uncertain US trade policy, which are hitting growth and confidence in the region, said S&P Global Ratings.
1y ago
KUALA LUMPUR, April 11 (Bernama) -- Malaysia and the European Free Trade Association (EFTA) have concluded negotiations for a free trade agreement (FTA), said the Ministry of Investment, Trade and Industry (MITI).
1y ago
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.
1y ago
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.
1y ago
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.
1y ago
By Dr Paul Anthony Maria Das
KUALA LUMPUR, April 10 (Bernama) -- United States (US) President Donald Trump’s sweeping decision to impose a 24 per cent blanket tariff on Malaysian imports is more than just a protectionist measure.