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Ringgit Rises Against US Dollar At The Close On Easing Tensions In Middle East

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 24 (Bernama) -- The ringgit ended higher against the US dollar, buoyed by the apparent ceasefire in the Israel-Iran conflict, said an economist.

Kenanga Investment Bank Revises 2025 Inflation Forecast Downward To 2.0 Pct

KUALA LUMPUR, June 24 (Bernama) -- Kenanga Investment Bank Bhd has revised its 2025 inflation forecast downward to 2.0 per cent from 2.7 per cent (2024: 1.8 per cent), while expecting Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate (OPR) unchanged.

CIMB Expects Electricity Tariff Reform To Have Minimal Inflation Impact

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s upcoming electricity tariff restructuring is expected to have a minimal impact on overall inflation, and its direct effect on headline consumer price index (CPI) is anticipated to be marginally disinflationary, said CIMB Investment Bank Bhd (CIMB).

Malaysia Can Be Springboard For Pakistan’s Exports To Gain Foothold Into ASEAN -- Business Official

By Rosemarie Khoo Mohd Sani and Mikhail Raj Abdullah

KUALA LUMPUR, June 24 (Bernama) -- Malaysia can serve as a springboard for Pakistani exports to penetrate the broader ASEAN market, a move that will also help Islamabad rectify its persistent trade deficit with Putrajaya.

RP4 Tariff Reform Can Spur Behavioural Change, Accelerate Energy Transition — Expert

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s Regulatory Period 4 (RP4) electricity tariff restructuring can serve as a powerful tool to promote behavioural change and accelerate the country’s low-carbon agenda, if paired with smart technologies, targeted financial incentives, and inclusive support mechanisms, an energy expert said.

Rubber Market Ends Lower On Weak Regional Cues, Middle East Tensions

By K. Naveen Prabu

KUALA LUMPUR, June 23 (Bernama) -- The Malaysian rubber market ended lower today, weighed down by weaker cues from regional rubber markets, said a dealer.

From Rivalry To Realignment, China Shifts To Seek Better Fortunes Amid Trade Friction With US

From Kisho Kumari Sucedaram

BEIJING, June 23 (Bernama) – Rather than being fixated on its trade dispute with the United States (US), China is refocusing its efforts towards bolstering ties with non-confrontational partners, including developing nations, to boost trade and investments.

Penang Appeals For Tax Sharing To Boost State Development

GEORGE TOWN, June 23 (Bernama) -- The Penang state government hopes the federal government will consider sharing tax revenue to support the state’s development and social welfare programmes, especially considering the implementation of the revised and expanded Sales and Services Tax (SST) on July 1.

Crude Oil May Climb To US$85 Per Barrel On Geopolitical Risks, Says Analysts

KUALA LUMPUR, June 23 (Bernama) -- Crude oil prices are expected to rise towards US$85 per barrel in the near term, driven by supply-side risks stemming from recent geopolitical developments, according to CIMB Securities Sdn Bhd.

New Applications For Revised Service, Sales Tax Scope Open From Aug 1 -- MoF

KUALA LUMPUR, June 22 (Bernama) -- The Ministry of Finance (MoF) has announced that new registration applications in relation to the expansion of the service tax scope and the revision of the sales tax rate, effective from July 1, 2025, can be made starting from Aug 1, 2025.

Malaysia–US Tariff Talks Making Good Progress – MITI

KUALA LUMPUR, June 22 (Bernama) -- Malaysia’s discussions with the United States (US) Trade Representative and the US Secretary of Commerce on ongoing tariff-related negotiations have made good progress, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz

Economists Cautious On Malaysia’s 2025 Trade Prospects Amid Tariff Uncertainty

By Siti Noor Afera Abu

KUALA LUMPUR, June 22 (Bernama) -- Economists are maintaining a cautious stance on Malaysia’s trade outlook this year due to persistent global tariff uncertainty, which is expected to weigh on the country’s trade and manufacturing performance.