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Thailand Hails US Tariff Deal As Win-win For Trade Stability

BANGKOK, Aug 1 (Bernama) -- The new 19 per cent tariff the United States (US) imposed on Thai goods, effective today, represents a win-win outcome to preserve Thailand’s export base and ensures long-term economic stability.

Malaysia’s Strategic Diplomacy Delivers Results, US Drops Tariff To 19 Pct

KUALA LUMPUR, Aug 1 (Bernama) -- The United States’ decision to reduce tariff on Malaysian exports to 19 per cent from 25 per cent is a significant achievement and stems from Malaysia’s thorough and methodical negotiating process, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Bursa Malaysia Opens Higher On US Tariff Cut Announcement

KUALA LUMPUR, Aug 1 (Bernama) -- Bursa Malaysia rebounded from two days of losses to open higher on Friday, supported by improved sentiment following the United States’ (US) move to reduce the tariff rate on Malaysian imports.

US Imposes 19 Pct Tariffs On Malaysia, Four Other ASEAN Countries

KUALA LUMPUR, Aug 1 (Bernama) -- Malaysia, along with four other ASEAN member states, is now subject to a 19 per cent tariff imposed by the United States (US) effective today.

Ringgit Opens Flat Against US Dollar, Higher Versus Other Majors

KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit opened flat against the US dollar but rose against other major currencies, with investors still weighing the outcome of the Federal Open Market Committee (FOMC) meeting and Washington’s reciprocal tariff measures, which take effect today.

US Cuts Tariff On Malaysia To 19 Pct

KUALA LUMPUR, Aug 1 (Bernama) -- The United States (US) has imposed a reduced tariff of 19 per cent on Malaysian imports, effective Aug 8, 2025.

 

Financial Sector Must Play Key Role In Enabling SMEs In Strategic Growth Sectors -- BNM Governor

KUALA LUMPUR, July 31 (Bernama) -- As Malaysia charts its path forward under the 13th Malaysia Plan (13MP), the financial sector must play a transformative role in enabling small and medium enterprises (SMEs) to participate meaningfully in strategic growth sectors, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Pharmaniaga On Track To Exit PN17, Jakel Medical Emerges As New Substantial Shareholder

KUALA LUMPUR, July 31 (Bernama) -- Pharmaniaga Bhd has completed two critical milestones of its regularisation plan, the rights issue and private placement, thus positioning the group firmly on track to exit its Practice Note 17 (PN17) status.

Appointment Of All Stakeholders In Development Of Malaysia Pavilion At Expo 2025 Osaka Via Prescribed Process -- Tengku Zafrul

 KUALA LUMPUR, July 31 (Bernama) -- The appointment and involvement of all stakeholders including consultants, contractors and service providers for the development of the Malaysia Pavilion at Expo 2025 Osaka, Japan has gone through a prescribed evaluation and selection process, in line with the government's procurement procedures in force.

Huawei AI Chip Project A Private Sector Initiative, Not Govt Backed - MITI

KUALA LUMPUR, July 31 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has clarified that it is not involved in any artificial intelligence (AI) project utilising Huawei chips, stating that the initiative is a private-sector undertaking and not a government project.

CPO Futures Close Lower On Concerns Over Weaker Demand

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 31 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, dragged down by concerns over weaker demand, said palm oil trader David Ng.

IATA Records 2.6 Pct Growth In Global Passenger Demand In June 2025

KUALA LUMPUR, July 31 (Bernama) -- The International Air Transport Association (IATA) recorded a 2.6 per cent increase in total global passenger demand for June 2025.