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KUALA LUMPUR, April 11 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) urged local businesses, particularly small and medium enterprises (SMEs), not to be over reliant on a single market in light of the United States’ (US) 90-day pause on reciprocal tariff while the 10 per cent baseline rate remains in place.
By Zarul Effendi Razali
KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) concluded today, with the grouping endorsing Malaysia’s Priority Economic Deliverables (PED) against a backdrop of debilitating tariffs imposed on member states, but it prodded members to further reaffirm their commitment to deepening financial integration and reinforcing regional economic resilience.
By Durratul Ain Ahmad Fuad and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, April 10 (Bernama) -- Uncertainties in the foreign exchange market will continue to prevail until there is greater clarity on policy direction, particularly regarding the tariff lengths, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives settled higher on Thursday, driven by stronger soybean and crude oil prices, said palm oil trader David Ng.
KUALA LUMPUR, April 10 (Bernama) -- Malaysia and ASEAN will continue to discuss and engage in dialogue with New Zealand and other key trading partners to develop an inclusive strategy to overcome challenges such as the US tariffs for the benefit of regional economic prosperity, said Prime Minister Datuk Seri Anwar Ibrahim.
BUTTERWORTH, April 10 (Bernama) -- Penang, through the Economy State Executive Council Meeting, will organise a roundtable session with industry players, academics, and the state leadership tomorrow to discuss the United States’ (US) recent tariff announcement.
By Nor Baizura Basri and Karina Imran
KUALA LUMPUR, April 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim strongly believes that trading countries should use the World Trade Organisation (WTO) platform to resolve trade issues and problems, including tariffs.
By Harizah Hanim Mohamed
KUALA LUMPUR, April 10 (Bernama) -- Malaysia, as the ASEAN chair this year, is working to set a date for the Special Leaders’ Meeting to discuss the bloc’s way forward in addressing and mitigating potential disruptions to regional trade caused by the tariffs imposed by the United States.
KUALA LUMPUR, April 10 (Bernama) -- Malaysia will continue monitoring the latest developments regarding tariffs imposed by the United States, even though the semiconductor industry is not directly affected by the situation, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, April 10 (Bernama) -- The Malaysian rubber market ended a four-day losing streak on Thursday, closing higher in line with regional rubber futures markets.
SINGAPORE, April 10 (Bernama) -- Singapore will continue to work closely with other ASEAN Member States to double down on regional economic integration amid uncertainties following the new United States (US) tariff measures, said Deputy Prime Minister and Trade and Industry Minister Gan Kim Yong.
PUTRAJAYA, April 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the 90-day pause of US tariffs on 75 countries, including Malaysia, has offered temporary relief for the country.
