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KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s GDP growth forecast for 2025, currently projected at between 4.5 per cent and 5.5 per cent, may need to be revised downward due to the impact of tariffs, said Bank Negara Malaysia (BNM).
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.
KUALA LUMPUR, April 11 (Bernama) -- MY E.G. Services Bhd (MYEG) has signed an agreement with Guangxi-based Beitou IT Innovation Technology Investment Group Co Ltd to set up the Malaysia-China Artificial Intelligence (AI) Innovation and Cooperation Centre as the Flagship China-ASEAN AI Lab.
By Zarul Effendi Razali
KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) concluded today, with the grouping endorsing Malaysia’s Priority Economic Deliverables (PED) against a backdrop of debilitating tariffs imposed on member states, but it prodded members to further reaffirm their commitment to deepening financial integration and reinforcing regional economic resilience.
By Durratul Ain Ahmad Fuad and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, April 10 (Bernama) -- Uncertainties in the foreign exchange market will continue to prevail until there is greater clarity on policy direction, particularly regarding the tariff lengths, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 10 (Bernama) -- ASEAN is looking forward to re-establishing the ASEAN Swap Arrangement (ASA) to strengthen the region’s financial safety net and resilience, according to a joint statement from the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).
By Harizah Hanim Mohamed
KUALA LUMPUR, April 10 (Bernama) – Country coordinator Cambodia for the ASEAN-United States (US) dialogue for the 2024-2027 cycle will host a meeting of the grouping’s economic ministers and American trade officials from April 22-23, with US tariffs expected to take centre stage.
KUALA LUMPUR, April 10 (Bernama) -- ASEAN member states will explore suitable financing structures and alternative tools, including Islamic finance solutions, to finance the ASEAN Power Grid (APG) projects as well as sustainable infrastructure development.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 10 (Bernama) -- ASEAN is prepared to collaborate constructively with all partners, including the United States (US), to discover balanced, forward-looking solutions that promote a more resilient and sustainable global economy, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
By Siti Baaqiah Mamat
KUALA LUMPUR, April 10 (Bernama) -- The imposition of United States’ (US) tariffs and the potential for retaliatory measures could lead to heightened volatility in capital flows and exchange rates, according to a joint statement of the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).
By Nor Baizura Basri and Karina Imran
KUALA LUMPUR, April 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim strongly believes that trading countries should use the World Trade Organisation (WTO) platform to resolve trade issues and problems, including tariffs.
By Harizah Hanim Mohamed
KUALA LUMPUR, April 10 (Bernama) -- Malaysia, as the ASEAN chair this year, is working to set a date for the Special Leaders’ Meeting to discuss the bloc’s way forward in addressing and mitigating potential disruptions to regional trade caused by the tariffs imposed by the United States.
