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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.
KUALA LUMPUR, Aug 1 (Bernama) -- CIMB Securities Sdn Bhd expects the revised United States tariff rates for glove-producing countries will prompt Chinese glove makers to shift production to the ASEAN region, particularly Indonesia.
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.
KUALA LUMPUR, Aug 1 (Bernama) -- The United States’ decision to reduce tariff on Malaysian exports to 19 per cent from 25 per cent is a significant achievement and stems from Malaysia’s thorough and methodical negotiating process, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
By Karina Imran
KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour has expressed optimism that Malaysia’s economy remains on a strong growth trajectory due to multiple factors, such as resilient domestic demand and encouraging exports of electrical and electronic (E&E) products, despite headwinds from impending tariffs.
KUALA LUMPUR, July 23 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) has enhanced its financing feature under the BizJamin MTC and BizJamin-i MTC schemes, now allowing mid-tier companies (MTCs) to apply for financing amounts between RM1 million and RM5 million.
KUALA LUMPUR, July 23 (Bernama) -- The ringgit edged higher against the US dollar in early trade, driven by cautious market sentiment ahead of the Aug 1 tariff deadline.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia ended almost flat on Monday, with the key index slipping 0.08 per cent, reflecting cautious market tone amid mixed domestic developments and bucking the broader regional trend.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia opened flat and proceeded to retreat in early trade today, reflecting a lack of catalysts in the market after a downbeat Wall Street performance last Friday.
KUALA LUMPUR, July 15 (Bernama) – Malaysia’s policy of neutrality in global trade has been misinterpreted by some exporters and exploited as a base to evade tariffs and circumvent sanctions, Deputy Investment, Trade and Industry Minister Liew Chin Tong said today.
KUALA LUMPUR, July 14 (Bernama) -- The ringgit closed easier against the US dollar on Monday, tracking the performance of its regional peers, as market sentiment remained extremely guarded while the foreign exchange market navigated a period of economic uncertainties.
KUALA LUMPUR, July 9 (Bernama) -- Malaysia still has time to negotiate better terms following the United States (US) decision to defer its tariff enforcement date to Aug 1, 2025, from the earlier scheduled date of July 9, CIMB Securities Sdn Bhd said.
