1y ago
PUTRAJAYA, April 4 (Bernama) -- Malaysia, as the ASEAN chair this year, will prioritise the importance of deepening regional economic ties following the announcement of sweeping US tariffs on the bloc’s member nations as well as leading them in engaging Washington in talks to potentially reduce retaliatory tariffs on imports into America.
1y ago
By Dr Phar Kim Beng
KUALA LUMPUR, April 3 (Bernama) -- On April 2, 2025, President Donald Trump announced a series of tariffs targeting several ASEAN nations, significantly raising import duties on key regional trade partners.
1y ago
KUALA LUMPUR, March 12 (Bernama) -- Malaysia will continue to strengthen the semiconductor supply chain together with ASEAN member countries, in line with its ASEAN chairmanship this year, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
1y ago
KUALA LUMPUR, March 11 (Bernama) -- ASEAN should optimise the utilisation of the Regional Comprehensive Economic Partnership (RCEP) and the upgraded ASEAN+1 Free Trade Agreements (FTAs) to mitigate the risks of economic uncertainty following the imposition of US tariffs on Canada, Mexico and China.
1y ago
KUALA LUMPUR, March 2 (Bernama) -- Vietnam has strongly backed Malaysia’s ASEAN Chairmanship priorities for 2025, expressing confidence in the country's leadership to drive regional progress.
1y ago
By Niam Seet Wei, Norsyafawati Ab Wahab, Mohd Khairi Idham Amran, Ahmad Erwan Othman and Danni Haizal Danial Donald
KOTA TINGGI, March 1 (Bernama) -- The 31st ASEAN Economic Ministers' (AEM) Retreat, which ended Friday at One&Only Desaru Coast resort near here, achieved a significant milestone by endorsing a slew of economic initiatives, including all 18 Priority Economic Deliveràbles (PEDS) which are key towards achieving the ambitious ASEAN Economic Community.
1y ago
KOTA TINGGI, Feb 27 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has deployed 27 units of the Proton e.MAS 7, Malaysia’s first national electric vehicle (EV) as the official transport for the 31st ASEAN Economic Ministers’ (AEM) Retreat in Desaru.
1y ago
By Mikhail Raj Abdullah
KUALA LUMPUR, Feb 26 (Bernama) -- The Jakarta-based ASEAN Secretariat should be given more clout to flag countries that resort to non-tariff barriers (NTBs).
1y ago
By Ahmad Erwan Othman and Norsyafawati Ab Wahab
KOTA TINGGI, Feb 26 (Bernama) -- Malaysia, as the chair of ASEAN 2025, needs to promote the establishment of cross-border economic zones among members to enhance economic potential among their neighbouring countries, similar to the Johor-Singapore Special Economic Zone (JS-SEZ) model.
1y ago
KOTA TINGGI, Feb 26 (Bernama) -- The two-day Preparatory Senior Economic Officials' Meeting (Prep-SEOM) for the 31st ASEAN Economic Ministers (AEM) Retreat kicked off in Desaru today, setting the stage for the retreat on Feb 28.
1y ago
By Norsyafawati Ab Wahab and Mohd Khairi Idham Amran
KOTA TINGGI, Feb 25 (Bernama) -- The 31st ASEAN Economic Ministers (AEM) Retreat, set for Friday in Desaru, is expected to see all member states endorsing the 18 Priority Economic Deliverables (PEDs) and reviewing progress on the ASEAN Economic Community (AEC) Strategic Plan 2026-2030.
1y ago
KUALA LUMPUR, Feb 25 (Bernama) -- Intra-ASEAN investment opportunities remain largely untapped and significant efforts are still needed to achieve regional regulatory alignment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Abdul Ghaffour.