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Special ASEAN Leaders' Meeting To Be Convened To Discuss Potential Disruptions To Regional Trade, Investment - Tengku Zafrul

KUALA LUMPUR, April 10 (Bernama) --  A Special ASEAN Leaders’ Meeting will be convened to discuss the en bloc’s member states’ way forward and to address and mitigate potential disruptions to regional trade, supply chain networks, and cross-border investments in the face of rising geopolitical and economic challenges

ASEAN To Engage In Frank And Constructive Dialogue With US On Tariffs, Says It Will Not Retaliate

KUALA LUMPUR, April 10 (Bernama) – ASEAN will engage in a frank and constructive dialogue with the United States to address trade-related concerns after Washington imposed tariffs on 168 countries including all members of the Southeast Asian grouping.

China, Malaysia Discuss Economic Cooperation, Joint Response To US Tariff Hikes

BEIJING, April 10 (Bernama-Xinhua) -- Chinese Commerce Minister Wang Wentao has held a meeting via video link with Malaysia's Investment, Trade and Industry Minister, Tengku Datuk Seri Zafrul Abdul Aziz, as Malaysia currently holds the rotating chair of ASEAN, said a statement released by China's Commerce Ministry on Thursday.

AmBank Grants RM307 Mln In Financing To Chin Hin Group For Infrastructure Projects

KUALA LUMPUR, April 10 (Bernama) -- AmBank Group has granted RM307 million in financing facilities to Chin Hin Group Bhd’s subsidiaries, Aricia Sdn Bhd and Makna Setia Sdn Bhd, to support several new property and infrastructure developments in the Klang Valley and Sabah and Sarawak.

Malaysia, Asia Pacific Positioned To Drive Global Green Energy Shift -- DPM Fadillah

KUALA LUMPUR, April 10 (Bernama) -- Malaysia and the broader Asia Pacific region have the potential to be global leaders in the clean energy revolution, said Deputy Prime Minister and Energy Transition and Water Transformation Minister Datuk Seri Fadillah Yusof.

Ringgit Weakens Against US Dollar Amid Ongoing Trade War Concerns

KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed weaker against the US dollar today, weighed down by cautious market sentiment following reports of a 104 per cent tariff imposed on China, indicating the likelihood of a prolonged trade war.

ASEAN+3 To Operationalise Rapid Financing Facility To Help Financially Distressed Members

By Harizah Hanim Mohamed

KUALA LUMPUR, April 9 (Bernama) -- ASEAN+3 ministers will operationalise the Rapid Financing Facility (RFF), aimed at helping financially distressed member countries to cushion against exogenous shocks or financial problems caused by external factors.

 

Moody’s: Malaysia Among Countries That May Gain Market Share As US Tariffs Shift APAC Trade

KUALA LUMPUR, April 9 (Bernama) -- The sweeping United States (US) tariffs will be credit negative for Asia-Pacific (APAC), but lower-tariff countries such as Malaysia, India, and the Philippines may gain market share through trade triangulation to serve the US market, according to Moody’s Ratings.

Malaysia Discusses New Initiatives With EU-ABC, US-ABC To Boost Trade, Investments

By Nur Athirah Mohd Shaharuddin and Danni Haizal Danial Donald

KUALA LUMPUR, April 9 (Bernama) -- Malaysia met with representatives from the European Union (EU)-ASEAN Business Council (ABC) and the United States (US)-ABC on Tuesday regarding new initiatives that could be promoted to enhance trade, not only in Malaysia but also among ASEAN member countries.

ASEAN Finance Ministers, Central Bank Governors To Hold In-depth Discussions On Regional Financial Integration

 KUALA LUMPUR, April 9 (Bernama) -- ASEAN Finance Ministers today got down to the hard work of putting in place the necessary pre-requisites and initiatives to deepen financial integration more urgently in the light of debilitating tariffs on all member states.

Tengku Zafrul To Lead Malaysia's Delegation To Washington For Tariff Discussions

By Karina Imran

KUALA LUMPUR, April 8 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz is set to lead Malaysia’s delegation to Washington at end of this month to discuss the reciprocal tariffs imposed by the United States (US) on Malaysia.

Cross-border Payments Key To Inclusive ASEAN Growth, Innovation -- National Bank Of Cambodia Governor

By Harizah Hanim Mohamed

KUALA LUMPUR, April 8 (Bernama) -- The National Bank of Cambodia’s (NBC) participation in the ASEAN economic payment connectivity initiative aimed to foster regional economic growth and establish a more interconnected payment system within the region, said its governor, Dr Chea Serey.