OCBC Cuts Malaysia’s 2025 GDP Forecast To 4.3 Pct
KUALA LUMPUR, April 22 (Bernama) -- OCBC Bank (Malaysia) Bhd has revised Malaysia’s gross domestic product (GDP) growth for 2025 to 4.3 per cent from 4.5 per cent on a weaker external demand outlook.
| LATEST NEWS | About 60 per cent of a lorry and engine oil storage area in Taman Kota Puteri destroyed in fire, no casualties reported – Johor Fire and Rescue Dept | Malaysia to expand palm oil market to countries that have never been buyers – Johari | Health check-up part of PM's commitment to staying fit to lead the country's administration – Serdang Hospital director | PM Anwar undergoes annual health check-up, in very good health – Serdang Hospital director | Thunderstorms, heavy rain and strong winds expected in seven states and Labuan until 5pm today – MetMalaysia | | About 60 per cent of a lorry and engine oil storage area in Taman Kota Puteri destroyed in fire, no casualties reported – Johor Fire and Rescue Dept | Malaysia to expand palm oil market to countries that have never been buyers – Johari | Health check-up part of PM's commitment to staying fit to lead the country's administration – Serdang Hospital director | PM Anwar undergoes annual health check-up, in very good health – Serdang Hospital director | Thunderstorms, heavy rain and strong winds expected in seven states and Labuan until 5pm today – MetMalaysia | |
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DP World To Expand In ASEAN To Support Shift In Chinese Offshore Manufacturing
By Harizah Hanim Mohamed
KUALA LUMPUR, April 20 (Bernama) – Multinational logistics company DP World is deepening its presence in ASEAN to capitalise on Southeast Asia’s emergence as a key offshore manufacturing base for Chinese companies.
ASEAN Rejects Any Form Of Unilaterally Imposed Tariffs - Anwar
By Kenny Teng Khoon Hock
BANGKOK, April 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today reaffirmed that ASEAN rejects any form of unilaterally imposed tariffs, stating that such measures contradict the spirit of multilateralism.
Tengku Zafrul To Meet US Trade Rep, Officials In Washington On April 24 To Discuss Tariffs
KUALA LUMPUR, April 17 (Bernama) -- Minister of Investment, Trade and Industry (MITI), Tengku Datuk Seri Zafrul Aziz is set to meet United States Trade Representative (USTR), Jamieson Greer and other relevant officials in Washington on April 24, to discuss the reciprocal tariff imposed on Malaysia.
US Tariff To Take Centre Stage At ASEAN-US Meet With Cambodia As Host
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.
ASEAN To Explore Financing Structures, Alternative Tools Including Islamic Finance For ASEAN Power Grid
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.
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.
ASEAN Fund Mobilised For Myanmar Earthquake Relief, Long-term Support Under Discussion
KUALA LUMPUR, April 10 (Bernama) -- The ASEAN Disaster Management and Emergency Relief Fund has been utilised in the wake of the recent earthquake in Myanmar, with the regional bloc now looking towards longer-term recovery efforts, said ASEAN Secretary-General Dr Kao Kim Hourn.
ASEAN Must Remain Neutral In Trade War Between Economic Superpowers - Andrew Sheng
KUALA LUMPUR, April 10 (Bernama) -- ASEAN must remain neutral in the escalating global trade war over tariffs between superpowers the United States and China, former Bank Negara Assistant Governor Tan Sri Andrew Sheng said.
There Is No Winner In This Tariff Spat -- Andrew Sheng
KUALA LUMPUR, April 9 (Bernama) -- There will be no winner in the United States (US) sweeping global tariffs and similar responses from other countries, and the only way forward is through negotiation to minimise the damage, said former Bank Negara Malaysia assistant governor Tan Sri Andrew Sheng.
New Cross-Border Bridge Project Aligns With ASEAN's Economic Goal -- Secretary-General
KUALA LUMPUR, April 9 (Bernama) -- The construction of the second bridge project connecting Rantau Panjang, Kelantan, and Sungai Golok, Narathiwat is a significant step towards strengthening regional connectivity and economic integration within ASEAN, said ASEAN Secretary-General Dr Kao Kim Hourn.
Tariffs, Trump And Trade: Why Malaysia Must Choose Restraint Over Retaliation
KUALA LUMPUR, April 9 (Bernama) -- The recent decision by the United States (US) to impose tariffs on Malaysian exports marks a sharp turn in global economic diplomacy, one that is symptomatic of deeper geopolitical anxieties.