PUTRAJAYA, April 4 (Bernama) -- Malaysia, as the ASEAN chair this year, will prioritise the importance of deepening regional economic ties following the announcement of sweeping US tariffs on the bloc’s member nations as well as leading them in engaging Washington in talks to potentially reduce retaliatory tariffs on imports into America.
KUALA LUMPUR, April 4 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.
KUALA LUMPUR, April 3 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives (BMD) closed lower on Wednesday due to a price correction while tracking the COMEX gold performance.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 3 (Bernama) -- The Malaysian rubber market closed lower again on Thursday in tandem with regional rubber futures markets in light of the greater-than-expected US tariff hike and sharp declines in crude oil prices, a dealer said.
KUALA LUMPUR, April 3 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) views the 10 per cent tariffs hikes and reciprocal tariff announced by the United States of America (US) on Malaysian exports to the US seriously and is actively engaging with the US authorities to seek solutions that will uphold the spirit of free and fair trade.
KUALA LUMPUR, April 3 (Bernama) -- President Donald Trump announced yesterday that the United States (US) would introduce a baseline tariff of 10 per cent on all countries and higher duties on some countries, including Malaysia at 24 per cent.
KUALA LUMPUR, April 3 (Bernama) -- The ringgit opened slightly lower against the US dollar today as the greenback strengthened after US President Donald Trump announced global reciprocal tariffs.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 2 (Bernama) -- The ringgit depreciated against the US dollar at the close today as traders and investors are concerned about the reciprocal tariff announcement by the United States (US) government later today, said an analyst.
KUALA LUMPUR, April 2 (Bernama) -- Foreign investors returned to the Asian market with a modest net inflow of US$93.8 million last week, after a four-week selling streak with only India and Indonesia registering net foreign inflows.
KUALA LUMPUR, April 2 (Bernama) -- Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing markets such as India, according to the Malaysian Palm Oil Council (MPOC).
KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia opened mixed amid lacklustre trade due to the shortened trading week and on caution ahead of the announcement of US reciprocal tariffs later today in the United States, or early tomorrow morning Malaysian time.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 29 (Bernama) -- The rubber market is expected to be soft next week due to the Hari Raya Aidilfitri holidays, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).
