12th AFMGM Successfully Concludes, Signalling Continued Unity Among Member Countries

By Zarul Effendi Razali

KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) concluded today, with the grouping endorsing Malaysia’s Priority Economic Deliverables (PED) against a backdrop of debilitating tariffs imposed on member states, but it prodded members to further reaffirm their commitment to deepening financial integration and reinforcing regional economic resilience.

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.

Countries Should Use WTO Platform To Resolve Trade Issues, Problems - PM Anwar

By Nor Baizura Basri and Karina Imran

KUALA LUMPUR, April 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim strongly believes that trading countries should use the World Trade Organisation (WTO) platform to resolve trade issues and problems, including tariffs.

Malaysia To Monitor US Tariffs, Ensure Semiconductor Industry Remains Competitive -- Anwar

KUALA LUMPUR, April 10 (Bernama) -- Malaysia will continue monitoring the latest developments regarding tariffs imposed by the United States, even though the semiconductor industry is not directly affected by the situation, said Prime Minister Datuk Seri Anwar Ibrahim.

US Tariff Does Not Significantly Disrupt Palm Oil Export Commodity Prices - Deputy Minister

TAWAU, April 10 (Bernama) -- The new tariff rates proposed by the United States for 90 countries, including Malaysia, on April 2 are not expected to significantly impact the prices of the country’s export commodities, especially palm oil.

AmBank Grants RM307 Mln In Financing To Chin Hin Group For Infrastructure Projects

KUALA LUMPUR, April 10 (Bernama) -- AmBank Group has granted RM307 million in financing facilities to Chin Hin Group Bhd’s subsidiaries, Aricia Sdn Bhd and Makna Setia Sdn Bhd, to support several new property and infrastructure developments in the Klang Valley and Sabah and Sarawak.

AIF Action Plan 2025-2028 To Elevate ASEAN’s Global Role -- Amir Hamzah

KUALA LUMPUR, April 10 (Bernama) -- The ASEAN Infrastructure Fund (AIF) Action Plan (2025-2028) will catapult ASEAN’s role as the global standard in governance and sustainable development, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

PM Anwar Expected To Deliver Consensus Statement For ASEAN To Galvanise Inherent Strength To Achieve Economic Independence, Ward Off Global Risks  

KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) today is paramount for getting a buy-in from ministers for regional consensus to deal with crippling American tariffs.

ASEAN+3 To Operationalise Rapid Financing Facility To Help Financially Distressed Members

By Harizah Hanim Mohamed

KUALA LUMPUR, April 9 (Bernama) -- ASEAN+3 ministers will operationalise the Rapid Financing Facility (RFF), aimed at helping financially distressed member countries to cushion against exogenous shocks or financial problems caused by external factors.

ASEAN Power Grid Vision Needs US$764 Bln For Power Generation, Transmission Infrastructure - ASEAN Sec-Gen

By Zufazlin Baharuddin

KUALA LUMPUR, April 9 (Bernama) -- ASEAN Power Grid (APG) vision requires an estimated investment of US$764 billion (US$1 = RM4.49) for power generation and transmission infrastructure, said ASEAN secretary- general Dr Kao Kim Hourn.

AEON Credit Posts Lower Net Profit Of RM370.61 Mln In FY2025

KUALA LUMPUR, April 8 (Bernama) -- AEON Credit Service (M) Bhd reported a 12.6 per cent drop in net profit to RM370.61 million for the financial year ended Feb 28, 2025 (FY2025) from RM424.01 million in FY2024. 

Malaysia, Cambodia Launch Second Phase Of Cross-border QR Payment

By Muhammad Faiz Baharin

KUALA LUMPUR, April 8 (Bernama) -- Bank Negara Malaysia (BNM) and the National Bank of Cambodia have launched the second phase of Cross-Border QR Payment, which will enable consumers and merchants in both countries to make and receive instant payments from participating financial institutions.