28d ago
By Nor Baizura Basri dan Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 26 (Bernama) -- The United States has agreed to consider granting tariff exemptions - specifically zero tariff rates - on several commodity products not produced in the US, including palm oil and cocoa, which are expected to be finalised next month.
29d ago
KUALA LUMPUR, Sept 26 (Bernama) -- Ongoing negotiations for the ASEAN-Canada Free Trade Agreement (FTA), set to be finalised by next year, are expected to strengthen business and investment relations, supporting both sides’ goals of economic growth and trade diversification.
29d ago
By Nor Baizura Basri and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 25 (Bernama) -- The proposal to have a dedicated secretariat for the Regional Comprehensive Economic Partnership (RCEP) highlights the importance of what is the world’s largest free trade area by gross domestic product.
29d ago
By Mikhail Raj Abdullah and Maizatul Jamny Muhammad Rosli
KUALA LUMPUR, Sept 25 (Bernama) -- The United States (US) has not ruled out imposing another round of tariffs on countries in the Association of Southeast Asian Nations (ASEAN) if trade negotiations fail to produce a favourable outcome for Washington.
29d ago
KUALA LUMPUR, Sept 25 (Bernama) -- The European Union (EU) will continue discussions with the United States (US) on steel and aluminium as part of efforts to address global overcapacity that is flooding the European market, said European Commissioner for Trade and Economic Security Maros Sefcovic
29d ago
By K. Naveen Prabu
KUALA LUMPUR, Sept 25 (Bernama) -- The Malaysian rubber industry’s most pressing challenge is the shortage of foreign workers in the downstream manufacturing sector, according to the Malaysian Rubber Council (MRC).
1m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 24 (Bernama) -- Confronted with rising protectionism, non-tariff barriers and fragile supply chains, ASEAN Economic Ministers (AEM) have committed to stepping up cooperation to consolidate regional resilience.
1m ago
By Mikhail Raj Abdullah & Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 24 (Bernama) -- ASEAN and Canada must quickly conclude their free trade agreement (FTA) to diversify from being too dependent on any one major market, be it the United States (US) or China.
1m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia’s hosting of the inaugural Regional Comprehensive Economic Partnership (RCEP) leaders’ summit this October is seen as a timely opportunity for Putrajaya to reinforce the case for free trade at a time when protectionism is on the rise, economists said.
1m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 24 (Bernama) -- ASEAN must push structural reforms to strengthen private capital markets and enforce rules against non-tariff barriers (NTBs) if it is to remain competitive, said ASEAN-Business Advisory Council (ASEAN-BAC) chairman Tan Sri Nazir Razak.
1m ago
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday as the greenback weakened after softer United States (US) economic data.
1m ago
KUALA LUMPUR, Sept 23 (Bernama) -- Emerging markets are anticipated to be the main engines of growth going forward, with the Middle East and North Africa (MENA), South Asia, East Asia and the Pacific seen as bright spots, according to the World Economic Forum (WEF).