1y ago
KUALA LUMPUR, April 14 (Bernama) -- Malaysia should strengthen its diplomatic ties with key partners such as the United States (US), particularly in business, investment, and security, to ensure sustainable economic growth and maintain fair and balanced trade.
1y ago
KUALA LUMPUR, April 14 (Bernama) -- The Malaysian rubber market ended higher today, supported by ongoing concerns over raw material supply shortage due to weather conditions and wintering in major natural rubber (NR) producing countries, a dealer said.
1y ago
KUALA LUMPUR, April 14 (Bernama) -- Malaysia’s delegation to the United States (US) regarding President Donald Trump’s reciprocal tariffs must present a strong narrative by highlighting the country’s robust business ecosystem and strategic investment opportunities, said the American Malaysian Chamber of Commerce (AmCham).
1y ago
KUALA LUMPUR, April 13 (Bernama) -- A new analysis on the impact of the recent changes in United States (US) tariffs on the national economy will be presented at the National Geo-Economic Action Council (NGCC) meeting tomorrow, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
BUTTERWORTH, April 12 (Bernama) -- Penang is actively diversifying and expanding its export markets to safeguard the sustainability of both the domestic and national economic chains.
1y ago
BUTTERWORTH, April 12 (Bernama) -- Malaysia will leverage its strong ties with the United States, Europe, China and ASEAN to seek a resolution to the US retaliatory import tariffs, Prime Minister Datuk Seri Anwar Ibrahim said.
1y ago
BACHOK, April 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the United States' (US) move to impose retaliatory import tariffs on several countries, including Malaysia, could strain Malaysia’s trade and investment relations with China.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 12 (Bernama) -- The Malaysian rubber market is expected to trade sideways in the coming week with prices likely to track regional rubber futures and benchmark crude oil prices amid ongoing United States (US)-China trade tensions, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).
1y ago
GEORGE TOWN, April 11 (Bernama) -- The Penang state government will establish a tariff monitoring task force as part of its strategic response to the United States’ (US) recent tariff announcement.
1y ago
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.
1y ago
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.
1y ago
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.