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Reduced US Tariff A Strategic Win For Malaysia, Timely Boost For SME Competitiveness -- SAMENTA

KUALA LUMPUR, Aug 1 (Bernama) -- The reduction of the US tariff to 19 per cent imposed on Malaysian imports, although not as deep as expected, still provides relief from rising cost pressures faced by small and medium enterprises (SMEs), particularly those in manufacturing, furniture, textiles, and food exports.

Maybank Appoints Malique Firdauz As New Officer-In-Charge Of Maybank Islamic

KUALA LUMPUR, Aug 1 (Bernama) -- Maybank has appointed its current chief financial officer Malique Firdauz Ahmad Sidique as officer-in-charge (OIC) for Maybank’s group chief executive officer (CEO), Islamic Banking and CEO, Maybank Islamic Bhd (MIB) effective today. 

US Tariff Cut To Spur Positive Ripple Effects Across Key Sectors – Nga

PUTRAJAYA, Aug 1 (Bernama) -- Progressive trade outcomes such as the United States’ (US) decision to reduce tariffs on Malaysian exports will have positive ripple effects across multiple sectors, including construction and manufacturing, said Housing and Local Government Minister Nga Kor Ming.

US Tariff Reduction: Tengku Zafrul To Explain In Dewan Rakyat On Monday -- Fahmi

PUTRAJAYA, Aug 1 (Bernama) — Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will explain the United States’ (US) tariff reduction to 19 per cent from the previous 25 per cent in the Dewan Rakyat on Monday.

Agrobank Launches Online Bank Account Opening Service

KOTA KINABALU, Aug 1 (Bernama) -- Agrobank today launched its online bank account opening service, an innovative digital banking system that allows customers to open an account without having to visit the bank's branch.

US Tariff Reduction Enhances Malaysia's Competitiveness, Signals Improved Trade Relations  -- FMM

KUALA LUMPUR, Aug 1 (Bernama) -- The reduction of the United States’ (US) reciprocal tariff could enhance the overall cost competitiveness of Malaysian-manufactured goods in the US market and serve as an important signal of improved bilateral trade relations.

Geotab Unveils Smarter Cold Chain Solution To Tackle Southeast Asia's Food Waste

KUALA LUMPUR, Aug 1 (Bernama) -- Geotab Inc (Geotab), a global leader in connected vehicle and asset solutions, has launched a major upgrade to its cold chain solution, aiming to combat massive food losses in Southeast Asia caused by inadequate temperature-controlled logistics.

US Tariff Reduction Positive For Malaysia’s Export Sector -- Chow

GEORGE TOWN, Aug 1 (Bernama) -- The United States’ (US) decision to reduce the tariff rate from 25 per cent to 19 per cent is a positive development for Malaysia’s export sector, particularly in Penang, which is active in industries such as electrical and electronics (E&E), manufacturing, and medical devices.

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.

CGC Awards 2024 Celebrates 30 Years Of Empowering MSMEs 

KUALA LUMPUR, Aug 1 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) marked a major milestone with the 30th edition of the CGC Awards, celebrating three decades of dedication to the growth of Malaysia’s micro, small and medium enterprises (MSMEs) and the broader financial ecosystem.

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.