12th AFMGM Successfully Concludes, Signalling Continued Unity Among Member Countries

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.

Hibiscus Petroleum's EBITDA Exceeds RM 1 Bln For Three Consecutive Years - Chairman

KOTA BHARU, April 10 (Bernama) -- Hibiscus Petroleum Bhd recorded revenue of RM2.7 billion last year, with earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding RM1 billion for the third consecutive year.

Countries Should Use WTO Platform To Resolve Trade Issues, Problems - PM Anwar

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.

AIF Action Plan 2025-2028 To Elevate ASEAN’s Global Role -- Amir Hamzah

KUALA LUMPUR, April 10 (Bernama) -- The ASEAN Infrastructure Fund (AIF) Action Plan (2025-2028) will catapult ASEAN’s role as the global standard in governance and sustainable development, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysia Welcomes US Move To Pause Higher Tariffs, Assesses Rapid Changes - Tengku Zafrul

By M.Saraswathi 

KUALA LUMPUR, April 10 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia welcomes the United States’ (US) move to pause higher tariffs for numerous trading partners, while acknowledging that this volatility creates significant challenges for ASEAN economies.

PM Anwar Expected To Deliver Consensus Statement For ASEAN To Galvanise Inherent Strength To Achieve Economic Independence, Ward Off Global Risks  

KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) today is paramount for getting a buy-in from ministers for regional consensus to deal with crippling American tariffs.

Ringgit Weakens Against US Dollar Amid Ongoing Trade War Concerns

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.

Malaysia, Cambodia Launch Second Phase Of Cross-border QR Payment

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.

Innovative Funding Mechanisms Can Accelerate ASEAN's Transition Towards Low-carbon Economy - Amir Hamzah

KUALA LUMPUR, April 7 (Bernama) -- Innovative funding mechanisms are vital for ASEAN to accelerate its transition towards a low-carbon economy, while strengthening climate resilience, in a just, inclusive and orderly way, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Petronas Gas Actively Evaluating Impacts Of Putra Heights Fire Incident

KUALA LUMPUR, April 7 (Bernama) -- Petronas Gas Bhd (PGB) is actively evaluating both the financial and operational impacts of the fire incident at its main pipeline in Putra Heights, near Puchong, Selangor.

ASEAN Finance Ministers To Deepen Resilience And Economic Integration As Global Trade War Erupts 

By Nor Baizura Basri

KUALA LUMPUR, April 6 (Bernama) -- ASEAN finance ministers will meet here next week amid a sense of urgency to deepen economic integration and enhance financial resilience as the global trade war erupts, no thanks to debilitating tariffs imposed by the United States.

TM To Rebuild Network Infrastructure Affected By Putra Heights Fire Incident

KUALA LUMPUR, April 4 (Bernama) -- Telekom Malaysia Bhd (TM) announced that its technical teams are ready and committed to restoring services and rebuilding any affected network infrastructure in stages, depending on the severity of the damage affected by the pipeline burst in Putra Heights.