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ASEAN Steps Up Regional Engagement To Safeguard Growth Amid Protectionist Headwinds

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 24 (Bernama) -- Confronted with rising protectionism, non-tariff barriers and fragile supply chains, ASEAN Economic Ministers (AEM) have committed to stepping up cooperation to consolidate regional resilience.

US Seeks To Align Interests With ASEAN - USTR

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 24 (Bernama) -- The United States (US) sees significant opportunities to align its interests with ASEAN in promoting reciprocity and balance in the global trading system, said US Trade Representative Jamieson Greer.

Aviation Supremo Tony Fernandes Urges ASEAN To Be Brave And Liberalise, Accelerate Regional Economic Integration

By Kisho Kumari Sucedaram

KUALA LUMPUR, Sept 24 (Bernama) -- ASEAN should not be defensive but take bold decisions to liberalise rules to accelerate regional economic integration, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.

ASEAN–Canada Free Trade Agreement Needed To Bolster Trade -- Canadian Think Tank

By Mikhail Raj Abdullah & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 24 (Bernama) -- ASEAN and Canada must quickly conclude their free trade agreement (FTA) to diversify from being too dependent on any one major market, be it the United States (US) or China.

MISC, SHI Receive Approval For World’s First Ammonia-fuelled LR2 Tanker

KUALA LUMPUR, Sept 24 (Bernama) -- International maritime corporation MISC Bhd and Samsung Heavy Industries (SHI) have received Approval in Principle (AiP) from Bureau Veritas Marine and Offshore (BV) for the world’s first ammonia-fuelled Long Range 2 (LR2) tanker powered by proton exchange membrane fuel cell (PEMFC) technology.

Deeper Ties Via AANZFTA, RCEP Enhances ASEAN’s Role As Investment Magnet

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 24 (Bernama) -- Deepening Closer Economic Relations (CER) between ASEAN, Australia, and New Zealand through frameworks such as the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) and the broader Regional Comprehensive Economic Partnership (RCEP) is creating regulatory certainty, trade predictability and foreign direct investment (FDI) magnetism. 

RCEP Summit Platform For Malaysia To Champion Free Trade Amid Rising Protectionism

By Kisho Kumari Sucedaram

KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia’s hosting of the inaugural Regional Comprehensive Economic Partnership (RCEP) leaders’ summit this October is seen as a timely opportunity for Putrajaya to reinforce the case for free trade at a time when protectionism is on the rise, economists said.

Bursa Malaysia Opens Slightly Lower, Tracks Wall Street

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, following Wall Street’s decline as investors digested comments from US Federal Reserve chairman Jerome Powell suggesting US equities may be overvalued.

Trade Relations And Collaboration With New Economies Are Among Key Remedies

By Anas Abu Hassan

KUALA LUMPUR, Sept 23 (Bernama) -- A remedy to the changing geopolitical and global trade winds is to deepen trade relations with new economies while exploring collaboration with new trading blocs.

MADANI Govt Allocates RM11 Bln For BUDI95 Fuel Subsidy - MoF

PUTRAJAYA, Sept 23 (Bernama) — The MADANI government will allocate approximately RM11 billion to cover the difference between the subsidised price of RM1.99 per litre and the unsubsidised pump price of around RM2.60 per litre under the BUDI MADANI RON95 (BUDI95) fuel subsidy initiative.

Malaysia On Track To Meet Deficit Target As BUDI95 Subsidy Saves Up To RM4 Bln

SHAH ALAM, Sept 23 (Bernama) – Malaysia remains on track to meet this year’s budget deficit target of 3.8 per cent of gross domestic product (GDP) with the rollout of the BUDI MADANI RON95 (BUDI95) targeted subsidy programme, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysia Chairs AEM, Set To Roll Out Priority Economic Deliverables

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 23 (Bernama) -- ASEAN is all set to roll out its priority economic deliverables (PEDs) under Malaysia’s chairmanship, with the 57th ASEAN Economic Ministers’ (AEM) meeting this week pushing trade upgrades, drawing up a US$2 trillion digital economy framework and forging new regional pacts on competition, energy and technology.