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Ringgit To Trade At 4.25-4.26 Vs Greenback On Fed Rate Cut Optimism

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.

CPO Futures Set To Trade With Downward Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 2 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a downward bias next week due to the expectation of weak demand, palm oil trader David Ng said.

Rubber Market Likely To Trade Range-bound Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 2 (Bernama) -- The rubber market is expected to trade in a narrow range but with a downward bias next week, according to industry expert Denis Low.

Malaysia’s Role In Cambodia-Thailand Ceasefire Contributes Positively To US Tariff Talks

KUALA LUMPUR, Aug 1 (Bernama) – Malaysia's role as a mediator in the ceasefire negotiations between Cambodia and Thailand has contributed positively to the reciprocal negotiations between Malaysia and the United States (US), said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

No Compromise On Halal Standards For US Imports - Tengku Zafrul

KUALA LUMPUR, Aug 1 (Bernama) -- Halal products imported from the United States (US) must still comply with the standards set by the Malaysian Islamic Development Department’s (JAKIM), said Investment, Trade and Industry Minister, Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Malaysia’s Exporters Poised For Recovery As US Tariffs Ease - Kenanga IB

KUALA LUMPUR, Aug 1 (Bernama) -- The reduction in United States (US) import tariffs on Malaysian goods from 25 per cent to 19 per cent is expected to provide a timely boost for Malaysia’s export-oriented manufacturers, said Kenanga Investment Bank Bhd (Kenanga IB).

Tengku Zafrul Refutes Claims On Exclusive Rare Earth Deal For US

KUALA LUMPUR, Aug 1 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has refuted claims that the United States (US) has requested for exclusive access to rare earth products from Malaysia.

Reduced US Tariff A Strategic Win For Malaysia, Timely Boost For SME Competitiveness -- SAMENTA

KUALA LUMPUR, Aug 1 (Bernama) -- The reduction of the US tariff to 19 per cent imposed on Malaysian imports, although not as deep as expected, still provides relief from rising cost pressures faced by small and medium enterprises (SMEs), particularly those in manufacturing, furniture, textiles, and food exports.

Ringgit Closes Lower Against US Dollar Amid US Tariffs, 13MP

KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit closed lower against the US dollar on Friday as the dollar strengthened following new tariffs imposed by the United States on its trading partners, alongside developments related to the 13th Malaysia Plan (13MP).

US Tariff Cut To Spur Positive Ripple Effects Across Key Sectors – Nga

PUTRAJAYA, Aug 1 (Bernama) -- Progressive trade outcomes such as the United States’ (US) decision to reduce tariffs on Malaysian exports will have positive ripple effects across multiple sectors, including construction and manufacturing, said Housing and Local Government Minister Nga Kor Ming.

US Tariff Reduction: Tengku Zafrul To Explain In Dewan Rakyat On Monday -- Fahmi

PUTRAJAYA, Aug 1 (Bernama) — Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will explain the United States’ (US) tariff reduction to 19 per cent from the previous 25 per cent in the Dewan Rakyat on Monday.

Semiconductor, Pharma Sectors Exempt From US Tariff For Now - Tengku Zafrul 

KUALA LUMPUR, Aug 1 (Bernama) -- Semiconductor and pharmaceutical exports to the United States (US) are exempt from the 19 per cent tariff for now, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Tengku Abdul Aziz.