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By Nor Baizura Basri and Zarul Effendi Razali
KUALA LUMPUR, May 5 (Bernama) -- The Special Parliamentary Session on the United States (US) tariffs provided the government an opportunity to enlighten Members of the Parliament (MPs) about ongoing efforts to manage the impact of global economic uncertainty on Malaysia following the imposition of the tariffs.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.
KUALA LUMPUR, May 5 (Bernama) -- Rising trade protectionism impacts global trade, causing economic fragmentation that affects trade, investment, and capital flows throughout the region, as concluded in the 28th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3).
KUALA LUMPUR, May 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is confident that Malaysia’s strong economic fundamentals will enable the country to navigate the global uncertainties following the recent announcement of retaliatory tariffs by the United States (US).
KUALA LUMPUR, May 2 (Bernama) -- CIMB Investment Bank Bhd views the 90-day pause on reciprocal tariffs by the United States (US) as a watershed moment for Malaysia to recalibrate its growth strategy through stronger regional integration and domestic economic reforms.
KUALA LUMPUR, May 2 (Bernama) -- Perma-Pipe International Holdings Inc reported full-year net income of US$9.0 million for fiscal 2024 (FY24), down from US$10.5 million a year earlier due to the absence of a one-time US$5.9 million non-cash tax benefit recognised in 2023. (US$1=RM4.31)
KUALA LUMPUR, April 30 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) is strengthening its position as a future-ready financial hub by anchoring its growth agenda on sweeping legal reforms, emerging global trade dynamics, and an enhanced regulatory ecosystem.
KUALA LUMPUR, April 29 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of "a-" (Excellent) of New Zealand’s Tower Limited (Tower), with the outlook for both credit ratings (ratings) assessed as stable.
KUALA LUMPUR, April 24 (Bernama) -- The Asian Development Bank (ADB) committed US$24.3 billion (US$1 = RM4.39) from its own resources last year, alongside US$14.9 billion in cofinancing with its partners, to address a range of complex development challenges in Asia and the Pacific.
By Siti Radziah Hamzah
KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.
KUALA LUMPUR, April 17 (Bernama) -- Pluxee, a global player in employee benefits and engagement, reported total revenues of 635 million euros for the first half of fiscal year 2025 (H1 FY2025), marking organic growth of 10.8 per cent, in line with its full-year low double-digit growth objective. (1 Euro = RM5.00)
KUALA LUMPUR, April 17 (Bernama) -- Fitch Ratings is maintaining its mostly neutral outlook for the banking sector across several Asia Pacific (APAC) economies, including Malaysia, noting that they are more resilient to a higher United States (US) tariff regime.
