9m ago
KUALA LUMPUR, April 8 (Bernama) -- ASEAN's strength lies not in drama, but in its durability having withstood wars, crises and coups over nearly six decades since the region’s establishment in 1967, and together, has what it takes to tackle Washington's move to impose debilitating tariffs that saw global markets taking a rout.
In instilling much-needed confidence for the region, Prime Minister, Datuk Seri Anwar Ibrahim said ASEAN, which Malaysia is now Chair, has always moved forward, even if it is was “only by inches, often frustratingly, but forward nonetheless."
9m ago
By Zarul Effendi Razali
KUALA LUMPUR, April 7 (Bernama) -- As senior officials concluded the first day of the 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM), it became evident that while the retaliatory tariffs imposed by the United States present significant challenges, they also offer opportunities for Southeast Asian member states.
9m ago
KUALA LUMPUR, April 7 (Bernama) -- The recent tariff announcement by Washington will change the trade dynamics and operating environment, which can influence the economic growth narrative and present ASEAN with both challenges and opportunities.
9m ago
KUALA LUMPUR, April 6 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will submit an in-depth study on the impact of the United States (US) tariffs on several export sectors within this coming week.
9m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 6 (Bernama) -- As the United States, under President Donald Trump, moves to reshape the global trading system to its advantage, Malaysia's role as ASEAN chair in 2025 will be critical in charting the bloc’s next stage of economic growth.
9m ago
KUALA LUMPUR, April 4 (Bernama) — Putrajaya refutes the claim by the US authorities that Malaysia has imposed 47 per cent tariff on US imports into Malaysia and emphasises that reciprocal tariffs do not serve the principles of free and fair trade stipulated under the World Trade Organisation, of which 164 countries, including the US, is a member.
9m ago
KUALA LUMPUR, April 4 (Bernama) — Putrajaya refutes the claim by the US authorities that Malaysia has imposed 47 per cent tariff on US imports into Malaysia and emphasises that reciprocal tariffs do not serve the principles of free and fair trade stipulated under the World Trade Organisation, of which 164 countries, including the US, is a member.
9m ago
KUALA LUMPUR, April 4 (Bernama) -- OCBC Bank (Malaysia) Bhd, along with its Islamic banking arm OCBC Al-Amin Bank Bhd, is urging customers impacted by the recent fire at Putra Heights to contact the bank for possible relief or restructuring of their loans and financing schemes.
9m ago
KUALA LUMPUR, April 4 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.
9m ago
KUALA LUMPUR, April 3 (Bernama) -- Giesecke+Devrient (G+D), a SecurityTech company, reported a record-breaking 3.132 billion euros in revenue for the 2024 fiscal year, surpassing its strong performance in 2023 despite challenging economic conditions. (1 Euro = RM4.85)
9m ago
KUALA LUMPUR, April 3 (Bernama) -- Uni-Fuels Holdings Limited, a global provider of marine fuel solutions headquartered in Singapore, has announced the establishment of a wholly-owned subsidiary in the United Arab Emirates and the opening of a new office in Dubai.
9m ago
KUALA LUMPUR, April 3 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) views the 10 per cent tariffs hikes and reciprocal tariff announced by the United States of America (US) on Malaysian exports to the US seriously and is actively engaging with the US authorities to seek solutions that will uphold the spirit of free and fair trade.