By Siti Radziah Hamzah
KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia’s successful negotiation to reduce the reciprocal tariff imposed by the United States (US) on its exports to 19 per cent from 25 per cent is seen as a strategic step forward, placing the country on equal footing with major ASEAN peers while preserving key domestic policy priorities.
KUALA LUMPUR, Aug 1 (Bernama) -- Wesports Holdings Bhd’s net profit rose 14 per cent to RM231.63 million in the second quarter ended June 30, 2025 (2Q 2025), compared with RM203.75 million in the same period last year, on higher container revenue, although increased operating expenses partly offset this.
GEORGE TOWN, Aug 1 (Bernama) -- The United States’ (US) decision to reduce the tariff rate from 25 per cent to 19 per cent is a positive development for Malaysia’s export sector, particularly in Penang, which is active in industries such as electrical and electronics (E&E), manufacturing, and medical devices.
KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s construction and infrastructure sectors are set to benefit significantly from the 13th Malaysia Plan (13MP), which allocates RM430 billion for development expenditure (DE) from 2026 to 2030, according to CIMB Investment Bank Bhd.
KUALA LUMPUR, July 30 (Bernama) -- Alpha Ocean Resources Bhd (AORB) has signed a memorandum of agreement (MoA) with the Mayor of Kota Kinabalu for a proposed revitalisation project involving the development of a tuna and deep-sea fishing landing port, a marine tourism infrastructure, and a hospitality belt.
By Siti Radziah Hamzah
KUALA LUMPUR, July 28 (Bernama) – Malaysia remains locked in quiet engagement and possibly embracing a deliberate positioning with the United States (US) to lower the 25 per cent tariffs on its exports to the American markets as the Aug 1 deadline approaches.
KUALA LUMPUR, July 25 (Bernama) -- CGS International Securities Malaysia Sdn Bhd remains positive on Malakoff Corporation Bhd, citing its strong position to secure upcoming Energy Commission tenders amid rising power demand and the urgent need to ensure supply stability and reserve margins.
PETALING JAYA, July 24 (Bernama) -- Malaysia is actively engaging in discussions with the United States (US) over the impending 25 per cent tariffs set to take effect on Aug 1, aiming to secure a tariff rate below the 20 per cent level, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.
The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.
KUALA LUMPUR, July 18 (Bernama) -- The ringgit opened firmer against the US dollar on Friday as traders shied away from the greenback amid growing anticipation of an interest rate cut by the US Federal Reserve (Fed), said an analyst.
KUALA LUMPUR, July 17 (Bernama) -- Malaysia stands a 55 per cent chance of reducing the final United States (US) tariff to a 15 per cent-19 per cent range from the current 25 per cent, if positive trade agreements are reached, said Apex Securities Bhd.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 3 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, rebounding from a weaker close the day before, as traders turned cautious and pared greenback holdings ahead of the July 9 expiry of the United States’ 90-day tariff pause, an analyst said.
