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Agrobank Launches Online Bank Account Opening Service

KOTA KINABALU, Aug 1 (Bernama) -- Agrobank today launched its online bank account opening service, an innovative digital banking system that allows customers to open an account without having to visit the bank's branch.

US Tariff Reduction Enhances Malaysia's Competitiveness, Signals Improved Trade Relations  -- FMM

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.

Geotab Unveils Smarter Cold Chain Solution To Tackle Southeast Asia's Food Waste

KUALA LUMPUR, Aug 1 (Bernama) -- Geotab Inc (Geotab), a global leader in connected vehicle and asset solutions, has launched a major upgrade to its cold chain solution, aiming to combat massive food losses in Southeast Asia caused by inadequate temperature-controlled logistics.

US Tariff Reduction Positive For Malaysia’s Export Sector -- Chow

GEORGE TOWN, Aug 1 (Bernama) -- The United States’ (US) decision to reduce the tariff rate from 25 per cent to 19 per cent is a positive development for Malaysia’s export sector, particularly in Penang, which is active in industries such as electrical and electronics (E&E), manufacturing, and medical devices.

Thailand Hails US Tariff Deal As Win-win For Trade Stability

BANGKOK, Aug 1 (Bernama) -- The new 19 per cent tariff the United States (US) imposed on Thai goods, effective today, represents a win-win outcome to preserve Thailand’s export base and ensures long-term economic stability.

CGC Awards 2024 Celebrates 30 Years Of Empowering MSMEs 

KUALA LUMPUR, Aug 1 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) marked a major milestone with the 30th edition of the CGC Awards, celebrating three decades of dedication to the growth of Malaysia’s micro, small and medium enterprises (MSMEs) and the broader financial ecosystem.

Bursa Malaysia Opens Higher On US Tariff Cut Announcement

KUALA LUMPUR, Aug 1 (Bernama) -- Bursa Malaysia rebounded from two days of losses to open higher on Friday, supported by improved sentiment following the United States’ (US) move to reduce the tariff rate on Malaysian imports.

US Imposes 19 Pct Tariffs On Malaysia, Four Other ASEAN Countries

KUALA LUMPUR, Aug 1 (Bernama) -- Malaysia, along with four other ASEAN member states, is now subject to a 19 per cent tariff imposed by the United States (US) effective today.

Trump Signs Order To Modify Reciprocal Tariff Rate For 'certain Countries' As Deadline Ticks Down

WASHINGTON, Aug 1 (Bernama-Anadolu) -- US President Donald Trump signed an executive order Thursday that modifies the reciprocal tariff rate for dozens of countries ahead of his self-imposed Aug 1 trade deal deadline, Anadolu Ajansi reported.

Ringgit Opens Flat Against US Dollar, Higher Versus Other Majors

KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit opened flat against the US dollar but rose against other major currencies, with investors still weighing the outcome of the Federal Open Market Committee (FOMC) meeting and Washington’s reciprocal tariff measures, which take effect today.

US Cuts Tariff On Malaysia To 19 Pct

KUALA LUMPUR, Aug 1 (Bernama) -- The United States (US) has imposed a reduced tariff of 19 per cent on Malaysian imports, effective Aug 8, 2025.

 

US To End Tariff Exemption For Low-Value Imports Starting Aug. 29

WASHINGTON, July 31 (Bernama-Xinhua) -- United States (US) President Donald Trump signed an executive order on Wednesday, suspending duty-free de minimis treatment for low-value shipments, reported Xinhua.