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US Treasury Official Discusses Tariffs With ASEAN Officials 

By Harizah Hanim Mohamed

KUALA LUMPUR, April 7 (Bernama) -- United States (US) Department of the Treasury Deputy Assistant Secretary for Asia Robert Kaproth met with senior ASEAN officials here today to apprise them of the imposition of tariffs on 168 countries by the US.

US Tariffs Expected To Have Direct Impact On Malaysia's GDP -- Tengku Zafrul

KUALA LUMPUR, April 7 (Bernama) -- The implementation of tariffs by the United States (US) is expected to have a direct impact on Malaysia’s gross domestic product (GDP), thus presenting challenges to the country's economic growth for this year and possibly for years to come.

Foreign Investors Pull RM31.68 Bln From Asian Markets, South Korea Sees Heaviest Selling

KUALA LUMPUR, April 7 (Bernama) -- Foreign investors returned to net sellers last week across eight Asian markets, reversing their single-week buying streak, recording a heavy net outflow of US$7.12 billion (RM31.68 billion, US$1 = RM4.45), with South Korea and India experiencing the heaviest selling pressure.

Malaysia Must Improve Its Preparedness In Facing Global Economic Uncertainties -- Anwar

PUTRAJAYA, April 7 (Bernama) -- Malaysia needs to improve its preparedness in facing global economic uncertainties, including the impact of the market crash in the United States (US), which recorded losses of trillions of dollars, said Prime Minister Datuk Seri Anwar Ibrahim.

US Tariffs: Malaysia, ASEAN Need To Establish An Agreement To Strengthen Negotiation Foundation -- Anwar

PUTRAJAYA, April 7 (Bernama) -- Malaysia and ASEAN countries need to come together and form an agreement on the tariffs announced by the United States (US) to ensure that upcoming negotiations and discussions have a solid foundation, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar, Vietnam PM Discuss US Tariff Issue

KUALA LUMPUR, April 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim and Vietnamese Prime Minister Pham Minh Chinh have discussed ASEAN's collective response to the unilateral trade tariffs imposed by the United States.

 

Growing Concerns Of Recession On Revised GDP In Major Economies, US

By Siti Radziah Hamzah

KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.

ASEAN Finance Ministers To Deepen Resilience And Economic Integration As Global Trade War Erupts 

By Nor Baizura Basri

KUALA LUMPUR, April 6 (Bernama) -- ASEAN finance ministers will meet here next week amid a sense of urgency to deepen economic integration and enhance financial resilience as the global trade war erupts, no thanks to debilitating tariffs imposed by the United States.

Tengku Zafrul To Chair Special ASEAN Meet To Discuss Implications, Coordinate Response On US Tariffs

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.

Trump’s Tariff Shock: Implications For Malaysia

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.

Malaysia To Consult ASEAN Members On US Reciprocal Tariff Issue - Anwar

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.

FBM KLCI Slips 0.5 Pct, Weighed By Selling In Selected Heavyweights

KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia ended lower today, with the benchmark index declining 0.5 per cent, weighed down by selected heavyweights led by Press Metal, IHH Healthcare, and Tenaga Nasional.