10m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 7 (Bernama) -- United States (US) Department of the Treasury Deputy Assistant Secretary for Asia Robert Kaproth met with senior ASEAN officials here today to apprise them of the imposition of tariffs on 168 countries by the US.
10m ago
PUTRAJAYA, April 7 (Bernama) -- The newly imposed 24 per cent tariff by the United States on Malaysia may initially disrupt export flows but the country has a competitive edge over major palm oil producers, according to the Malaysian Palm Oil Board (MPOB).
10m ago
KUALA LUMPUR, April 7 (Bernama) -- The implementation of tariffs by the United States (US) is expected to have a direct impact on Malaysia’s gross domestic product (GDP), thus presenting challenges to the country's economic growth for this year and possibly for years to come.
10m ago
KUALA LUMPUR, April 7 (Bernama) -- Foreign investors returned to net sellers last week across eight Asian markets, reversing their single-week buying streak, recording a heavy net outflow of US$7.12 billion (RM31.68 billion, US$1 = RM4.45), with South Korea and India experiencing the heaviest selling pressure.
10m ago
PUTRAJAYA, April 7 (Bernama) -- Malaysia needs to improve its preparedness in facing global economic uncertainties, including the impact of the market crash in the United States (US), which recorded losses of trillions of dollars, said Prime Minister Datuk Seri Anwar Ibrahim.
10m ago
PUTRAJAYA, April 7 (Bernama) -- Malaysia and ASEAN countries need to come together and form an agreement on the tariffs announced by the United States (US) to ensure that upcoming negotiations and discussions have a solid foundation, said Prime Minister Datuk Seri Anwar Ibrahim.
10m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 7 (Bernama) -- The ringgit opened lower against the US dollar due to a lack of buying interest, as market uncertainty persists following US President Donald Trump's global reciprocal tariffs.
10m ago
KUALA LUMPUR, April 7 (Bernama) -- Preparatory meetings for the 12th ASEAN Finance Ministers and Central Bank Governors' Meeting (AFMGM) began this morning as senior officials commence finalising documents for their ministers to discuss later this week, with a clear emphasis on enhancing regional financial integration.
10m 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.
10m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
10m ago
By Nor Baizura Basri
KUALA LUMPUR, April 6 (Bernama) -- ASEAN finance ministers will meet here next week amid a sense of urgency to deepen economic integration and enhance financial resilience as the global trade war erupts, no thanks to debilitating tariffs imposed by the United States.
10m ago
MELAKA, April 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the country’s planned economic growth may be slightly affected by the tariff rates recently announced by United States President Donald Trump.