Trump’s 300 Pct Chip Tariffs Threaten Global Semiconductor Industry

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 19 (Bernama) – United States (US) President Donald Trump’s move to impose up to 300 per cent tariffs on semiconductor chip imports into the US will be a devastating blow to the global industry.

SIC Eyes Long-Term Expansion After Return To Profitability - CEO

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 17 (Bernama) – After weathering the financial strain due to the COVID-19 pandemic, the Sepang International Circuit (SIC) is charting a new growth trajectory, anchored by land monetisation, strategic investments and expanded commercial offerings.

MCBA Urges Malaysian Businesses To Tap Cambodia Market Amid Supply Disruptions

KUALA LUMPUR, Aug 13 (Bernama) -- The Malaysia-Cambodia Business Association (MCBA) has called on Malaysian businesses to seize emerging opportunities in Cambodia following supply chain disruptions caused by the recent Cambodia-Thailand border situation.

Risk Mitigation Plan Crucial To Prevent Further Aerotrain Breakdowns - Economist

By Kisho Kumari Sucedaram

KUALA LUMPUR, Aug 6 (Bernama) -- Aerotrain services at Kuala Lumpur International Airport (KLIA) resumed operations on July 1 after a 28-month suspension, with the promise of improving connectivity, facilitating smoother passenger movement between terminals, and eliminating disruptions.

Scrapping High-Value Goods Tax Will Not Affect RM700 Mln Revenue Target – Economist

By Niam Seet Wei

KUALA LUMPUR, July 30 (Bernama) -- The government’s decision to halt the proposed high-value goods tax (HVGT), formerly known as the luxury goods tax, will not affect the RM700 million tax revenue expected from its implementation, said an economist.

Bursa Malaysia Lower At Midday On Cautious Sentiment

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia remained lower at midday on Wednesday, as investors stayed cautious while digesting key United States economic data amid mixed regional sentiment.

ECB To Decide On Europe's Key Interest Rates, With No Change Expected

FRANKFURT, July 24 (Bernama-dpa) -- The European Central Bank (ECB) is set to decide on interest rates in the eurozone on Thursday afternoon, reported German news agency dpa. 

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed down by mild selling activities in selected heavyweights, particularly in utilities and financial counters, in line with the weaker performance of regional markets, an analyst said.

PT Resources Calls For Trading Halt, Announces New Coconut Processing Facility In China

KUALA LUMPUR, June 9 (Bernama) -- Trading of ACE Market-listed PT Resources Holdings Bhd (PTRB) shares was halted for one hour today, from 9.00 am to 10.00 am, following the announcement of a new coconut processing facility in China.

Malaysia Must Brace For Future US Tariffs, Says US-ASEAN Business Council Chief Policy Officer

By Nurunnasihah Ahmad Rashid and Nur Atiq Maisarah Suhaimi

KUALA LUMPUR, June 4 (Bernama) -- Malaysia must be prepared to negotiate the next wave of potential American tariffs targeting key strategic sectors and products such as semiconductors, technology products and pharmaceuticals, rather than focusing solely on negotiating reciprocal tariffs reductions currently with the US.

Bursa Malaysia Opens Higher, Tracks Positive Wall Street Performance

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 30 (Bernama) -- Bursa Malaysia opened higher on renewed buying interest, tracking positive overnight performance on Wall Street, said an analyst.

Ringgit Strengthens Against US Dollar, Court Pauses Block On Trump-era Tariffs

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 30 (Bernama) -- The ringgit opened stronger against the US dollar today, boosted by improved investor confidence in emerging market currencies after a US court temporarily halted a decision to block most Trump-era import tariffs, an analyst said.