1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 5 (Bernama) -- The Malaysian rubber market is expected to trade on a downward bias as the aftermath of the US tariff announcements has dampened the global demand outlook, coupled with the ongoing trade war that has also contributed to a slowdown in the global economy, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).
1y ago
By Nur Ashikin Abdul Aziz
SINGAPORE, April 4 (Bernama) -- Malaysian Prime Minister Datuk Seri Anwar Ibrahim and his Singaporean counterpart, Lawrence Wong, held discussions over the telephone on Friday regarding significant developments in the region, including the recent US tariffs.
1y ago
KUALA LUMPUR, April 4 (Bernama) -- In Malaysia’s capacity as ASEAN chair for 2025, under the ASEAN Economic Community (AEC) pillar, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will chair a Special ASEAN Economic Ministers’ Meeting on April 10, 2025.
1y ago
By Yin Shao Loong
KUALA LUMPUR, April 4 (Bernama) -- The April 2 tariffs unveiled by United States (US) President Donald Trump have shocked the world and represent a departure from the globalisation policy of previous US administrations.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 4 (Bernama) -- The Malaysian rubber market closed mixed on Friday in thin trading amid the absence of China players, a dealer said.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 4 (Bernama) -- Bursa Malaysia closed lower today, with the benchmark index falling by 0.97 per cent, as persistent selling across various sectors weighed on the market, which continued to feel the impact of sweeping US tariffs.
1y ago
KAJANG, April 4 (Bernama) -- Malaysia, as the chair of ASEAN, will engage in discussions with several member states of the bloc to reach a collective agreement regarding the reciprocal tariff issue announced by the United States (US) to ensure that the principle of fairness is upheld in international trade.
1y ago
KUALA LUMPUR, April 4 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has revised Malaysia’s 2025 real gross domestic product (GDP) growth forecasts to 4.3 per cent from 4.9 per cent and to 4.0 per cent from 4.6 per cent for 2026.
1y ago
PUTRAJAYA, April 4 (Bernama) -- Malaysia, as the ASEAN chair this year, will prioritise the importance of deepening regional economic ties following the announcement of sweeping US tariffs on the bloc’s member nations as well as leading them in engaging Washington in talks to potentially reduce retaliatory tariffs on imports into America.
1y ago
KUALA LUMPUR, April 4 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.
1y ago
KUALA LUMPUR, April 3 (Bernama) -- Malaysian small and medium enterprises (SMEs) must take steps to diversify both their sources of raw materials and their customer base, ensuring that supply chain risks are mitigated, according to Small and Medium Enterprises Association of Malaysia (Samenta) national president Datuk William Ng.
1y ago
KUALA LUMPUR, April 3 (Bernama) -- Malaysia will need to shift its own economy to the next level of productivity to remain competitive post-US tariffs announcement as internal reforms are now becoming even more important to the country.