8m ago
KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed weaker against the US dollar today, weighed down by cautious market sentiment following reports of a 104 per cent tariff imposed on China, indicating the likelihood of a prolonged trade war.
8m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 9 (Bernama) -- ASEAN+3 ministers will operationalise the Rapid Financing Facility (RFF), aimed at helping financially distressed member countries to cushion against exogenous shocks or financial problems caused by external factors.
8m ago
KUALA LUMPUR, April 9 (Bernama) -- The sweeping United States (US) tariffs will be credit negative for Asia-Pacific (APAC), but lower-tariff countries such as Malaysia, India, and the Philippines may gain market share through trade triangulation to serve the US market, according to Moody’s Ratings.
8m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 9 (Bernama) -- The ringgit edged higher against the US dollar in early trade today, recovering slightly on technical correction after recent losses, amid a mixed overnight performance by the greenback.
8m 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.
8m ago
By Karina Imran
KUALA LUMPUR, April 8 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz is set to lead Malaysia’s delegation to Washington at end of this month to discuss the reciprocal tariffs imposed by the United States (US) on Malaysia.
8m ago
By Nur Athirah Mohd Shaharuddin & Syuhada Yusof
KUALA LUMPUR, April 7 (Bernama) -- Any revision to the 2025 Gross Domestic Product (GDP) growth forecast of 4.5 to 5.5 per cent will be based on a comprehensive impact analysis by the National Geoeconomic Command Centre (NGCC), said the Finance Ministry.
8m ago
By Zarul Effendi Razali
KUALA LUMPUR, April 7 (Bernama) -- As senior officials concluded the first day of the 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM), it became evident that while the retaliatory tariffs imposed by the United States present significant challenges, they also offer opportunities for Southeast Asian member states.
8m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, April 7 (Bernama) -- Any revision to the 2025 Gross Domestic Product (GDP) growth forecast of 4.5 to 5.5 per cent will be based on a comprehensive impact analysis by the National Geoeconomic Command Centre (NGCC), said the Finance Ministry.
8m 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.
8m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 7 (Bernama) -- The Malaysian rubber market closed lower on Monday, dragged down by the losses in the regional rubber markets and decline in benchmark crude oil prices, a dealer sai
8m 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).