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Putra Heights Fire Sparks Production Disruptions, Financial Losses For 200 Factories

By Zufazlin Baharuddin

KUALA LUMPUR, April 5 (Bernama) -- The gas pipeline fire incident at Putra Heights has significantly impacted the operations of approximately 200 industrial facilities in the Klang Valley, spanning various manufacturing sub-sectors and company sizes.

Rubber Market To Trade Lower Next Week Amid Us Tariffs, Weaker Global Outlook

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 5 (Bernama) -- The Malaysian rubber market is expected to trade on a downward bias as the aftermath of the US tariff announcements has dampened the global demand outlook, coupled with the ongoing trade war that has also contributed to a slowdown in the global economy, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).

Putrajaya Refutes 47 Pct Tariff On US Imports, To Prioritise Malaysia’s Interest

KUALA LUMPUR, April 4 (Bernama) — Putrajaya refutes the claim by the US authorities that Malaysia has imposed 47 per cent tariff on US imports into Malaysia and emphasises that reciprocal tariffs do not serve the principles of free and fair trade stipulated under the World Trade Organisation, of which 164 countries, including the US, is a member. 

Tengku Zafrul To Chair Special ASEAN Meet To Discuss Implications, Coordinate Response On US Tariffs

KUALA LUMPUR, April 4 (Bernama) -- In Malaysia’s capacity as ASEAN chair for 2025, under the ASEAN Economic Community (AEC) pillar, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will chair a Special ASEAN Economic Ministers’ Meeting on April 10, 2025.

Putrajaya Refutes 47 Pct Tariff On US Imports, To Prioritise Malaysia’s Interest

KUALA LUMPUR, April 4 (Bernama) — Putrajaya refutes the claim by the US authorities that Malaysia has imposed 47 per cent tariff on US imports into Malaysia and emphasises that reciprocal tariffs do not serve the principles of free and fair trade stipulated under the World Trade Organisation, of which 164 countries, including the US, is a member. 

MGCC Steps Up Support For Malaysian Businesses Amid US Tariff Concerns

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 4 (Bernama) -- The Malaysian-German Chamber of Commerce and Industry (MGCC) has ramped up its strategic advisory efforts to support Malaysian businesses in navigating the economic challenges posed by the United States’ (US) latest tariff measures.

IdentiFlight Expands Into South Africa Via Boulder Imaging-Roc Conservation Tech Partnership

KUALA LUMPUR, April 4 (Bernama) -- IdentiFlight has expanded its global reach and enhanced wildlife conservation in the wind energy sector through a partnership of Boulder Imaging with Roc Conservation Tech.

Malaysia To Consult ASEAN Members On US Reciprocal Tariff Issue - Anwar

KAJANG, April 4 (Bernama) -- Malaysia, as the chair of ASEAN, will engage in discussions with several member states of the bloc to reach a collective agreement regarding the reciprocal tariff issue announced by the United States (US) to ensure that the principle of fairness is upheld in international trade.

RHB IB Trims Malaysia’s 2025 GDP Forecast To 4.5 Pct Amid Tariff Pressures

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.

Malaysian SMEs Urged To Diversify, Leverage ASEAN Countries To Navigate Tariff Challenges

KUALA LUMPUR, April 3 (Bernama) -- Malaysian small and medium enterprises (SMEs) must take steps to diversify both their sources of raw materials and their customer base, ensuring that supply chain risks are mitigated, according to Small and Medium Enterprises Association of Malaysia (Samenta) national president Datuk William Ng.

FMM, ACCCIM Urge Govt To Engage US On Tariff Hike, Warns Of Significant Impact On Malaysian Exports And Employment

KUALA LUMPUR, April 3 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to engage with the United States to seek a reconsideration of the newly imposed 24 per cent tariff on Malaysian exports.

Thailand Says Ready To Negotiate With US After Being Hit With 36 Pct Tariff

By Kenny Teng

BANGKOK, April 3 (Bernama) -- The Thai government stands ready to negotiate with the United States (US) after President Donald Trump announced the imposition of a 36 per cent retaliatory tariff on Thai exports to the US.