Rafizi Ramli Resigns As Economy Minister, Effective June 17
KUALA LUMPUR, May 28 (Bernama) -- Datuk Seri Rafizi Ramli has resigned as Minister of Economy effective June 17, 2025
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Auto Sales To Cool In 2025 After Record High In 2024, Says HLIB
KUALA LUMPUR, May 21 (Bernama) -- Hong Leong Investment Bank (HLIB) expects the automotive sector’s total industry volume (TIV) for 2025 to normalise down to the 750,000-unit level, after achieving a record high of 816,700 units in 2024.
No Decision Yet On EUDR Low Risk Status For Malaysian Palm Oil, Benchmarking Ongoing – Envoy
KUALA LUMPUR, May 16 (Bernama) -- The European Union (EU) has yet to determine whether Malaysia will be classified as a low risk country under its upcoming country benchmarking system for the EU Deforestation Regulation (EUDR), said EU Ambassador to Malaysia Rafael Daerr.
FMM Urges Further Delay To SST Expansion
KUALA LUMPUR, April 30 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) has urged the government to defer the implementation of the expanded sales and service tax (SST) beyond the new date of June 1, 2025, flagging its potential impact on businesses and consumers.
Bursa Malaysia Slips Further At Midday
KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia continued to trend lower to end the morning session in negative territory as sentiment remained subdued amid renewed fears of aggressive tariff measures.
Ringgit Eases Against US Dollar, Firms Against Major Currencies
KUALA LUMPUR, April 8 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday as investors stayed on the sidelines amid concerns over reciprocal tariff rates set to take effect on April 9, prompting a more cautious tone in the market.
Tengku Zafrul To Chair Special ASEAN Meet To Discuss Implications, Coordinate Response On US Tariffs
KUALA LUMPUR, April 4 (Bernama) -- In Malaysia’s capacity as ASEAN chair for 2025, under the ASEAN Economic Community (AEC) pillar, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will chair a Special ASEAN Economic Ministers’ Meeting on April 10, 2025.
Malaysia To Consult ASEAN Members On US Reciprocal Tariff Issue - Anwar
KAJANG, April 4 (Bernama) -- Malaysia, as the chair of ASEAN, will engage in discussions with several member states of the bloc to reach a collective agreement regarding the reciprocal tariff issue announced by the United States (US) to ensure that the principle of fairness is upheld in international trade.
Trump Announces Tariffs On All Countries, Including Malaysia At 24 Pct
KUALA LUMPUR, April 3 (Bernama) -- President Donald Trump announced yesterday that the United States (US) would introduce a baseline tariff of 10 per cent on all countries and higher duties on some countries, including Malaysia at 24 per cent.
Bursa Malaysia Opens Lower, Tracking Wall Street Losses
KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia opened lower in early trade, tracking overnight losses on Wall Street, analysts said.
Bursa Malaysia Ends Morning Session Higher On Stronger Sentiment
KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia ended the morning session higher, buoyed by renewed buying in heavyweight banking and telecommunications stocks amid improved market sentiment.
Bursa Approves AHAM Capital's Request To Suspend Trading Of Two ETFs On March 26
KUALA LUMPUR, March 25 (Bernama) -- AHAM Asset Management Bhd (AHAM Capital) has announced that Bursa Malaysia has approved its request to suspend trading on two of its exchanged traded funds (ETF) to take effect on March 26, 2025.