Ringgit Opens Higher Against Greenback After US Pauses Tariffs For 90 Days

KUALA LUMPUR, April 11 (Bernama) -- The ringgit opened higher against the US dollar today as investors remained cautious after Washington announced a 90-day pause in reciprocal tariffs for all countries except China.

Airwallex Singapore Revenue Soars 153 Pct, Grows Team And Office Space 

KUALA LUMPUR, April 10 (Bernama) -- Airwallex, a global payments and financial platform, announced impressive growth in its Singapore operations for fiscal year 2024, with revenue surging by 153 per cent year-over-year.

ASEAN Must Remain Neutral In Trade War Between Economic Superpowers - Andrew Sheng

KUALA LUMPUR, April 10 (Bernama) -- ASEAN must remain neutral in the escalating global trade war over tariffs between superpowers the United States and China, former Bank Negara Assistant Governor Tan Sri Andrew Sheng said.

AEON Credit Posts Lower Net Profit Of RM370.61 Mln In FY2025

KUALA LUMPUR, April 8 (Bernama) -- AEON Credit Service (M) Bhd reported a 12.6 per cent drop in net profit to RM370.61 million for the financial year ended Feb 28, 2025 (FY2025) from RM424.01 million in FY2024. 

Reciprocal Tariff Impact On Malaysia's Construction Sector Is Minimal -- MIDF

KUALA LUMPUR, April 7 (Bernama) --  The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.

Malaysia Should Not Panic, Rush Into Decisions Over US Tariffs – Amir Hamzah

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 6 (Bernama) -- Malaysia should not panic or rush into decisions regarding the impact of the 24 per cent reciprocal tariff imposed by the United States (US) on Malaysian goods, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysia-US Negotiations On Reciprocal Tariff Still Possible – Bank Negara Governor

By Karina Imran

KUALA LUMPUR, April 6 (Bernama) -- Malaysia still has room to negotiate with the United States (US) regarding Washington's imposition of a 24 per cent reciprocal tariff on Malaysian goods, said Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour.

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.

US Tariffs: A Self-inflicted Wound With Global Consequences

By Sukudhew (Sukhdave) Singh

KUALA LUMPUR, April 6 (Bernama) -- The United States’ (US) sweeping tariffs, and the inevitable retaliatory measures, are a dangerous and misguided approach to trade.
 

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.

AKWEL 2024 Profit, Revenue Decline Amid Inflationary Pressures

KUALA LUMPUR, April 4 (Bernama) -- AKWEL, a parts and systems manufacturer for the automotive and heavy-vehicle industry, has recorded a net income of 24.2 million euros in 2024, declining 32.3 per cent from 35.7 million euros in the previous year. (1 Euro = RM4.90)