| LATEST NEWS | ASEAN has taken steps to reform on how it trades and it has begun by using local currencies - PM Anwar | PM Anwar calls for an increase in intra-BRICS trade, which accounts for approximately 40 per cent of the world economy | PM Anwar laments unilateral actions of tariffs and protectionism | PM Anwar arrives at Pier Maua, Rio de Janeiro, to speak at the BRICS Business Forum, held in conjunction with the BRICS Leaders’ Summit | |
KUALA LUMPUR, July 1 (Bernama) -- The United States (US) has responded positively to Malaysia's approach and engagements on tariff issues and proposals, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, June 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar and a basket of major currencies, and supported by a softer US Dollar Index (DXY) amid expectations of tax and spending cuts being deliberated in the United States’ Senate.
MOSCOW, June 27 (Bernama-Sputnik/RIA Novosti) -- World goods trade increased sharply in early 2025 in anticipation of US tariffs, but weakening export orders suggest the momentum may not be sustained, the World Trade Organisation (WTO) Goods Trade Barometer showed, reported Sputnik/RIA Novosti.
KUALA LUMPUR, June 26 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects the fiscal deficit to be narrowed to 3.8 per cent this year (2024: -4.1 per cent), as announced in Budget 2025.
By Karina Imran
KUALA LUMPUR, June 25 (Bernama) -- Malaysia has adequate buffers to weather volatility, including capital outflows, triggered by global interest rate hikes, said International Centre for Education for Islamic Finance (INCEIF) University Professor of Practice Tan Sri Abdul Wahid Omar.
By K. Naveen Prabu
KUALA LUMPUR, June 25 (Bernama) -- The Malaysian rubber market ended lower today, amid mixed cues from regional rubber futures markets, a dealer said.
KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s total trade in services rose by 14.6 per cent to RM497.4 billion last year from RM434.0 billion in 2023, contributing 25.8 per cent to the gross domestic product (GDP) at current prices.
By Rosemarie Khoo Mohd Sani and Mikhail Raj Abdullah
KUALA LUMPUR, June 24 (Bernama) -- Malaysia can serve as a springboard for Pakistani exports to penetrate the broader ASEAN market, a move that will also help Islamabad rectify its persistent trade deficit with Putrajaya.
KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).
PUTRAJAYA, June 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government is committed to consistently reducing the country's fiscal deficit to ensure a more sustainable economy and to maintain investor confidence.
KUALA LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting lower-income groups and essential sectors.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Monday as global risk sentiments improved, said an analyst.
