11m ago
By CW Sim
KUALA LUMPUR, April 7 (Bernama) -- When President Donald Trump announced a 24 per cent reciprocal tariff on Malaysia on April 2, 2025, it triggered concern across Southeast Asia. But in Kuala Lumpur, the initial turbulence gave way to a clearer recognition — this was not an unforeseen storm.
11m ago
KUALA LUMPUR, April 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has given an assurance that Malaysia will not slip into a recession for now following the imposition of tariffs by the United States, as the country's economy remains resilient.
11m 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.
11m 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.
11m 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.
11m ago
KUALA LUMPUR, April 1 (Bernama) -- Malaysia should take advantage of all unilateral free trade agreements to further expand market potential as an early preparatory measure to face any possible impact from the implementation of tariffs by United States (US) President Donald Trump.
1y ago
KUALA LUMPUR, March 19 (Bernama) -- Canada is intensifying its efforts to broaden its trade and investment footprint, including strengthening ties with Malaysia and seeking to penetrate new markets, said High Commissioner of Canada to Malaysia Jodi Robinson.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 8 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to postpone the implementation of the proposed 30 per cent rise in port tariffs, particularly for container handling and storage, as it will have major implications on cost of doing business for manufacturers and shippers.
1y ago
KUALA LUMPUR, March 6 (Bernama) -- Malaysia’s status as a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP) remains unchanged, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, March 3 (Bernama) -- The government will place greater emphasis on promoting Malaysia as a safe investment destination, based on political and economic stability, pro-business policies, and its strategic location in Southeast Asia, said the Ministry of Investment, Trade, and Industry (MITI).
1y ago
KUALA LUMPUR, Feb 26 (Bernama) -- The government is taking measures to mitigate the negative impact of global economic uncertainties on international trade by expanding export destinations and strengthening trade diplomacy, said the Ministry of Investment, Trade and Industry (MITI).
1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has coordinated efforts to develop the capabilities of approximately 300,000 micro, small, and medium enterprises (MSMEs) to successfully generate RM867 million in export sales through e-commerce platforms from 2021 to 2024.