DHL To Solidify Local Presence Amid US Tariffs
SHAH ALAM, July 9 (Bernama) -- Logistics outfit DHL is optimistic about solidifying its growth in Malaysia despite the United States announcing a 25 per cent reciprocal tariff on Malaysia.
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SHAH ALAM, July 9 (Bernama) -- Logistics outfit DHL is optimistic about solidifying its growth in Malaysia despite the United States announcing a 25 per cent reciprocal tariff on Malaysia.
KUALA LUMPUR, July 9 (Bernama) -- Malaysia remains optimistic about the outcome of its tariff negotiation with the United States (US), banking on certain sectors that could be favourable to both countries, says Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Aziz.
KUALA LUMPUR, July 9 (Bernama) -- Malaysia remains competitive relative to its ASEAN peers despite the potential 10 per cent additional tariff imposed by the United States (US) on countries perceived to be aligned with BRICS, said MIDF Amanah Investment Bank.
KUALA LUMPUR, July 9 (Bernama) -- Malaysia still has time to negotiate better terms following the United States (US) decision to defer its tariff enforcement date to Aug 1, 2025, from the earlier scheduled date of July 9, CIMB Securities Sdn Bhd said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 9 (Bernama) -- The ringgit opened slightly lower against the US dollar on Wednesday, as investors remained cautious ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting, with economists divided over the likelihood of an Overnight Policy Rate (OPR) cut, said an analyst.
By Rosemarie Khoo Mohd Sani and Mikhail Raj Abdullah
KUALA LUMPUR, July 8 (Bernama) -- Malaysia stands to gain immensely from Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Italy, France and Brazil, not only in attracting potential investments, but also in expanding export markets as protectionist tendencies from American tariffs threaten to shutter global trade.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed lower against the US dollar as market sentiment weakened amid the United States’ (US) latest reciprocal tariff policy adjustments, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting tomorrow.
PETALING JAYA, July 8 (Bernama) -- The United States’ (US) move to impose a higher tariff of 25 per cent on Malaysia means that American importers of Malaysian palm oil products will have to bear the extra cost, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
By Siti Noor Afera Abu and Danni Haizal Danial Donald
KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia ended lower for a second straight session on Tuesday, bucking the regional uptrend, as investor sentiment remained cautious amid renewed concerns over US tariffs, analysts said.
By K.Naveen Prabu
KUALA LUMPUR, July 8 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today over concerns about natural rubber (NR) supply and optimism over increased automobile demand, a dealer said.
KUALA LUMPUR, July 8 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) has called on the government to intensify its diplomatic and policy response following the United States' announcement of a 25 per cent blanket tariff on Malaysian exports.
GEORGE TOWN, July 8 (Bernama) -- The Malaysian Government must continuously engage with its United States (US) counterparts to negotiate a lower tariff rate, following Washington’s recent decision to impose a 25 per cent duty on goods from Malaysia, said Penang Chief Minister Chow Kon Yeow.