5m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.
5m ago
KUALA LUMPUR, Aug 1 (Bernama) -- The government remains firm on matters related to policies in the financial system, government procurements, and Bumiputera interests during negotiations with the United States (US) on reciprocal tariffs.
5m ago
KUALA LUMPUR, Aug 1 (Bernama) -- CIMB Securities Sdn Bhd expects the revised United States tariff rates for glove-producing countries will prompt Chinese glove makers to shift production to the ASEAN region, particularly Indonesia.
5m ago
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.
5m ago
By Karina Imran
KUALA LUMPUR, Aug 1 (Bernama) -- The United States' (US) decision to reduce tariff on Malaysian exports to 19 pr cent from 25 per cent signals a willingness to negotiate, but the revised tariff is still expected to have significant economic repercussions for Malaysia in the short- and long-term, said an economist.
5m ago
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.
5m ago
KUALA LUMPUR, Aug 1 (Bernama) -- The United States’ decision to reduce tariff on Malaysian exports to 19 per cent from 25 per cent is a significant achievement and stems from Malaysia’s thorough and methodical negotiating process, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
5m ago
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.
5m ago
KUALA LUMPUR, August 1 (Bernama) -- The government anticipates that Malaysia’s trade surplus will remain stable under the 13th Malaysia Plan (13MP), supported by the growth of high-value industries and a transition towards increased economic complexity, said Datuk Seri Amir Hamzah Azizan.
5m ago
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.
5m ago
KUALA LUMPUR, July 31 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Thursday, ahead of the 13th Malaysia Plan (13MP) announcement this afternoon, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
5m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 30 (Bernama) -- The ringgit reversed its morning gains to close slightly lower against the US dollar today, as traders turned cautious ahead of the United States (US) Federal Reserve's (Fed) interest rate decision, amid uncertainty over a potential cut.