1y ago
By Nur Athirah Mohd Shaharuddin and Danni Haizal Danial Donald
KUALA LUMPUR, April 9 (Bernama) -- Malaysia met with representatives from the European Union (EU)-ASEAN Business Council (ABC) and the United States (US)-ABC on Tuesday regarding new initiatives that could be promoted to enhance trade, not only in Malaysia but also among ASEAN member countries.
1y ago
KUALA LUMPUR, April 9 (Bernama) -- ASEAN Finance Ministers today got down to the hard work of putting in place the necessary pre-requisites and initiatives to deepen financial integration more urgently in the light of debilitating tariffs on all member states.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 8 (Bernama) -- The development of the Brunei, Indonesia, Malaysia, Phillippines (BIMP) and East ASEAN Growth Area (EAGA) will not only benefit Sabah and Sarawak but contribute towards reinforcing Southeast Asia's economy, Finance Minister II Datuk Seri Amir Hamzah Azizan, said today.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 8 (Bernama) -- Export-oriented small and medium enterprises (SMEs), which account for 99 per cent of the ASEAN business ecosystem, stand to lose US$237.5 billion (US$1 = RM4.49) in potential revenue if they fail to transition to greener and sustainable practices.
1y ago
KUALA LUMPUR, April 8 (Bernama) -- Unity among ASEAN members will determine the success of the ten member states in weathering the US tariff storms that have severely impacted the region, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, April 8 (Bernama) -- Calling the United States’ (US) tariffs move as a “Trumpian crisis”, Tan Sri Nazir Razak said it is an opportunity for ASEAN to demonstrate and further cement unity and resilience and together turbo-charge economic integration of the bloc.
1y ago
By Muhammad Faiz Baharin
KUALA LUMPUR, April 8 (Bernama) -- Bank Negara Malaysia (BNM) and the National Bank of Cambodia have launched the second phase of Cross-Border QR Payment, which will enable consumers and merchants in both countries to make and receive instant payments from participating financial institutions.
1y ago
KUALA LUMPUR, April 8 (Bernama) -- UOB Malaysia has been named Malaysia's Best Bank at the 32nd annual World's Best Bank Awards 2025 - Asia Pacific by Global Finance magazine.
1y ago
KUALA LUMPUR, April 8 (Bernama) -- Datuk Seri Anwar Ibrahim has cautioned that the trajectory of artificial intelligence is advancing at lightning speed and if this asymmetrical digital progress is left unchecked, it risks deepening existing divides and fostering inequality.
1y ago
By M.Saraswathi and Zufazlin Baharuddin
KUALA LUMPUR, April 8 (Bernama) -- Putrajaya will be despatching its officials to Washington to begin the process of dialogue with the United States on the 24 per cent reciprocal tariffs imposed on Malaysia, Prime Minister, Datuk Seri Anwar Ibrahim said today.
1y ago
KUALA LUMPUR, April 8 (Bernama) -- ASEAN's strength lies not in drama, but in its durability having withstood wars, crises and coups over nearly six decades since the region’s establishment in 1967, and together, has what it takes to tackle Washington's move to impose debilitating tariffs that saw global markets taking a rout.
In instilling much-needed confidence for the region, Prime Minister, Datuk Seri Anwar Ibrahim said ASEAN, which Malaysia is now Chair, has always moved forward, even if it is was “only by inches, often frustratingly, but forward nonetheless."
1y ago
KUALA LUMPUR, April 8 (Bernama) -- China, Japan and South Korea, which have signalled alliances since the announcement of sweeping US tariffs, held their second trilateral meeting in just eight days after their first engagement this year, reflecting the urgency as Washington’s move has caused ripple effects globally.