Local Rubber Market Extends Downtrend, Tracking Losses In Regional Market
KUALA LUMPUR, April 9 (Bernama) -- The Malaysian rubber market continued to close lower on Wednesday, dragged by huge losses in regional rubber futures markets, a dealer said.
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Broad-based Selling Drags Bursa Malaysia Down, With FBM KLCI Just Above 1,400-level
By Anas Abu Hassan
KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia extended its downtrend to close lower today as broad-based selling was seen across the board amid the escalating global trade war, with the benchmark index hovering just above the 1,400-level.
New Cross-Border Bridge Project Aligns With ASEAN's Economic Goal -- Secretary-General
KUALA LUMPUR, April 9 (Bernama) -- The construction of the second bridge project connecting Rantau Panjang, Kelantan, and Sungai Golok, Narathiwat is a significant step towards strengthening regional connectivity and economic integration within ASEAN, said ASEAN Secretary-General Dr Kao Kim Hourn.
Tariffs, Trump And Trade: Why Malaysia Must Choose Restraint Over Retaliation
KUALA LUMPUR, April 9 (Bernama) -- The recent decision by the United States (US) to impose tariffs on Malaysian exports marks a sharp turn in global economic diplomacy, one that is symptomatic of deeper geopolitical anxieties.
ASEAN Power Grid Vision Needs US$764 Bln For Power Generation, Transmission Infrastructure - ASEAN Sec-Gen
By Zufazlin Baharuddin
KUALA LUMPUR, April 9 (Bernama) -- ASEAN Power Grid (APG) vision requires an estimated investment of US$764 billion (US$1 = RM4.49) for power generation and transmission infrastructure, said ASEAN secretary- general Dr Kao Kim Hourn.
Upgrade Of ASEAN's Trade Pact With Australia, New Zealand Soon, China And India Next -- Sec-Gen
KUALA LUMPUR, April 9 (Bernama) -- ASEAN, which remains committed to upgrading existing free trade agreements (FTAs) to ensure they stay relevant and effective, will see the upgraded version of the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) deal on April 21, 2025.
ABAC Seeks ASEAN Finance Ministers', Central Bank Governors' Support To Endorse Its 2025 Growth Agenda
KUALA LUMPUR, April 9 (Bernama) -- The ASEAN Business Advisory Council (ABAC) seeks the support from ASEAN Finance Ministers and Central Bank Governors to endorse its 12 strategic initiatives, which includes the ASEAN Business Entity (ABE) framework, to enhance economic integration, inclusivity and regional collaboration.
Malaysia Discusses New Initiatives With EU-ABC, US-ABC To Boost Trade, Investments
By Nur Athirah Mohd Shaharuddin and Danni Haizal Danial Donald
KUALA LUMPUR, April 9 (Bernama) -- Malaysia met with representatives from the European Union (EU)-ASEAN Business Council (ABC) and the United States (US)-ABC on Tuesday regarding new initiatives that could be promoted to enhance trade, not only in Malaysia but also among ASEAN member countries.
ASEAN Finance Ministers, Central Bank Governors To Hold In-depth Discussions On Regional Financial Integration
KUALA LUMPUR, April 9 (Bernama) -- ASEAN Finance Ministers today got down to the hard work of putting in place the necessary pre-requisites and initiatives to deepen financial integration more urgently in the light of debilitating tariffs on all member states.
Sub-Regional Development Will Make Southeast Asia More Economically Independent - Amir Hamzah
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 8 (Bernama) -- The development of the Brunei, Indonesia, Malaysia, Phillippines (BIMP) and East ASEAN Growth Area (EAGA) will not only benefit Sabah and Sarawak but contribute towards reinforcing Southeast Asia's economy, Finance Minister II Datuk Seri Amir Hamzah Azizan, said today.
BNM: Export-oriented ASEAN SMEs Stand To Lose US$237.5 Bln In Revenue Without Sustainable Practices
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 8 (Bernama) -- Export-oriented small and medium enterprises (SMEs), which account for 99 per cent of the ASEAN business ecosystem, stand to lose US$237.5 billion (US$1 = RM4.49) in potential revenue if they fail to transition to greener and sustainable practices.
'Trumpian Crisis' Opportunity To Turbo-charge Integration, Resilience Of ASEAN - Nazir Razak
KUALA LUMPUR, April 8 (Bernama) -- Calling the United States’ (US) tariffs move as a “Trumpian crisis”, Tan Sri Nazir Razak said it is an opportunity for ASEAN to demonstrate and further cement unity and resilience and together turbo-charge economic integration of the bloc.