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Trump’s Tariffs On ASEAN: Nothing To Dread, Everything To Fear

By Dr Phar Kim Beng

KUALA LUMPUR, April 3 (Bernama) -- On April 2, 2025, President Donald Trump announced a series of tariffs targeting several ASEAN nations, significantly raising import duties on key regional trade partners. 

Palm Oil Prices To Stabilise In Near Term Amid Rising Demand From India - MPOC

KUALA LUMPUR, April 2 (Bernama) -- Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing markets such as India, according to the Malaysian Palm Oil Council (MPOC).

ITMAX Bags RM30.2 Mln Video Surveillance Contract In Pengerang

KUALA LUMPUR, March 26 (Bernama) -- ITMAX System Bhd’s subsidiary, Southmax Sdn Bhd, has secured a video surveillance contract worth RM30.2 million from the Pengerang Municipal Council for the installation of a closed-circuit camera system with artificial intelligence (AI) features and the establishment of a smart integrated operations centre.

Dewan Rakyat And Dewan Negara Approve Two Economy-related Bills

KUALA LUMPUR, March 26 (Bernama) -- The First Meeting of the Fourth Session of the 15th Parliament, which concluded yesterday, saw the passing of two economy-related Bills within the 12-day session.​

ITMAX Unit Appointed As Smart Parking Operator In Mersing, Effective May 1

KUALA LUMPUR, March 20 (Bernama) -- ITMAX System Bhd’s subsidiary Southmax Sdn Bhd has been appointed by Mersing District Council as the smart parking operator for outdoor parking spaces in the Mersing area.

ITMAX Secures Strategic Foothold To Offer Smart City, AI Solutions In Penang – HLIB

KUALA LUMPUR, March 20 (Bernama) -- With a new contract in hand, ITMAX Bhd has secured a strategic foothold to offer its full range of smart city and artificial intelligence (AI) solutions in Penang, as the state embarks on its smart city transformation, Hong Leong Investment Bank (HLIB) said today.  

LyondellBasell, Covestro Announce Permanent Closure Of Maasvlakte PO11 Unit

KUALA LUMPUR, March 19 (Bernama) -- LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands.

CPO Prices Seen Trading At RM4,400 To RM4,600 A Tonne In March - MPOC

KUALA LUMPUR, March 17 (Bernama) -- The crude palm oil (CPO) prices are projected to fluctuate between RM4,400 and RM4,600 per tonne in March 2025, influenced by increased competition from abundant and competitively priced soybean oil in the global market.

KLIA Ranks Among Top 10 Airports Globally With Near-perfect Score In 2024 ASQ Survey

KUALA LUMPUR, March 17 (Bernama) -- Kuala Lumpur International Airport (KLIA) has been ranked among the top 10 airports globally in the 2024 Airport Service Quality (ASQ) survey for airports handling over 40 million passengers annually. 

Malaysia Mission Calls On WTO To Play Crucial Role Amid Global Trade War

KUALA LUMPUR, March 15 (Bernama) -- The Permanent Mission of Malaysia to the WTO has called on the World Trade Organisation (WTO) to play a crucial role and “show its ability and readiness” to address global trade challenges, such as “unilateral actions by certain countries that lead to (a) trade war.”

25 Pct Increase In Capitation Grant To Strengthen State Budgets, Boost Economic Growth

By Abdul Hamid A Rahman

KUALA LUMPUR, March 11 (Bernama) -- The 25 per cent increase in the capitation grant to state governments, amounting to RM548 million effective 2026, is a significant step towards supporting state budgets.

Capitation Grant Rate To Be Raised 25 Pct To RM548 Mln Effective 2026 - PM Anwar

PUTRAJAYA, March 9 (Bernama) -- The rate of capitation grant distributed to state governments will be increased by 25 per cent, or RM109 million, to RM548 million effective from 2026.