7m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.
7m ago
KUALA LUMPUR, May 5 (Bernama) -- Rising trade protectionism impacts global trade, causing economic fragmentation that affects trade, investment, and capital flows throughout the region, as concluded in the 28th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3).
7m ago
KUALA LUMPUR, May 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has refuted the United States’s (US) claim that Malaysia has imposed a 47 per cent tariff on US imports into Malaysia.
7m ago
KUALA LUMPUR, May 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is confident that Malaysia’s strong economic fundamentals will enable the country to navigate the global uncertainties following the recent announcement of retaliatory tariffs by the United States (US).
7m ago
KUALA LUMPUR, April 30 (Bernama) -- Malaysia is exploring opportunities in emerging markets, including China, as part of its efforts to expand the halal industry this year, said Malaysia External Trade Development Corporation (MATRADE) chairman Datuk Seri Reezal Merican Naina Merican.
8m ago
KUALA LUMPUR, April 28 (Bernama) -- Malaysia is boldly positioning itself as Asia's next investment and supply chain powerhouse through the Johor-Singapore Special Economic Zone (JS-SEZ).
8m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 24 (Bernama) -- The ringgit closed stronger against the US dollar on weaker greenback demand, amid a decline in investor confidence due to ongoing US-China trade tensions and a lack of progress in negotiations.
8m ago
By Anas Abu Hassan
KUALA LUMPUR, April 24 (Bernama) -- Germany stands to be Malaysia’s most important trading partner within the European Union (EU) as the country is also Germany’s biggest trading partner among the ASEAN countries, said the Embassy of the Federal Republic of Germany in Malaysia’s deputy head of mission Ulrike Wolf.
8m ago
KUALA LUMPUR, April 24 (Bernama) -- CIMB Investment Bank Bhd (CIMB) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 25 basis points to 2.75 per cent in July, citing growth concerns following tariffs imposed by the United States (US) on Malaysia and its key trading partners.
8m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.
8m ago
KUALA LUMPUR, April 23 (Bernama) -- The International Monetary Fund has downgraded Malaysia’s real gross domestic product (GDP) growth forecast for 2025 to 4.1 per cent, from 4.7 per cent previously, reflecting a broader downward revision across the region.
8m ago
KUALA LUMPUR, April 22 (Bernama) -- The Malaysian construction sector is largely insulated from the direct impact of Liberation Day, which brought tariffs to over 180 trading partners, with reciprocal rates ranging between 10 and 49 per cent across ASEAN.