PM Anwar Calls For More Domestic Consumption To Mitigate Impact Of US Tariffs

SHAH ALAM, May 5 (Bernama) -- The government is committed to safeguarding the country’s economy through a pragmatic approach, such as boosting domestic consumption, to navigate US tariff uncertainties.

Special Parliamentary Session Outlines Efforts To Address US Tariff

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.

Economists Lower Malaysia's GDP Growth Forecast To 4.5 Pct, Remain Confident In Economy's Resilience

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.

Members Of Parliament Outline Proposals To Strengthen Economy

KUALA LUMPUR, May 5 (Bernama) -- Members of parliament (MPs) today outlined several proposals to strengthen the country's economy in the face of retaliatory tariffs from the United States (US) and global economic uncertainty.

Malaysia Does Not Impose 47 Pct Tariff On US Imports, Only 5.6 Pct On Average - PM Anwar

KUALA LUMPUR, May 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has refuted the United States’s (US) claim that Malaysia has imposed a 47 per cent tariff on US imports into Malaysia.

Core National Policies Will Not Be Compromised In Tariff Negotiations - PM Anwar

KUALA LUMPUR, May 5 (Bernama) --  Prime Minister Datuk Seri Anwar Ibrahim has reiterated that the government will not compromise on the country’s core policies in tariff negotiations.

Govt Allocates Additional RM50 Mln To MATRADE To Expedite Exploration Of New Markets -- PM Anwar

KUALA LUMPUR, May 5 (Bernama) -- The government will allocate an additional RM50 million to the Malaysia External Trade Development Corporation (MATRADE) to expedite efforts to explore new markets.

Govt May Revise GDP Forecast After US Tariff Talks - PM Anwar

KUALA LUMPUR, May 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government is considering revising the gross domestic product (GDP) growth forecast set in Budget 2025 after gaining more clarity from Malaysia's negotiations with the United States (US) on the tariffs.

Final Preparations Made Before Tomorrow's Special Parliament Sitting - MITI

KUALA LUMPUR, May 4 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has made final preparations before the special parliamentary session on the impact of the United States (US) retaliatory tariffs on Malaysia.

Special Parliament Session To Address US Tariffs On May 5

KUALA LUMPUR, May 4 (Bernama) -- All eyes will be on the Dewan Rakyat on Monday as Members of Parliament convene for a special sitting to deliberate on the United States’ (US) surprise imposition of retaliatory tariffs on Malaysian exports – a move that has sparked concern across government and industry.

Anwar Urges Postponement Of Actions Or Statements On The Petronas-Petros Issue

KUALA LUMPUR, May 4 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today urged all parties to postpone any actions or statements regarding the issue of Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros), in the interest of mutual understanding.

Japan To Lead High-Powered Delegation To Malaysia Next Week To Deepen Green Energy Cooperation

KUALA LUMPUR, May 2 (Bernama) -- Japan will lead a high-powered delegation to Malaysia next week to discuss deepening cooperation in the Asia Zero Emission Community (AZEC) to achieve decarbonisation, economic growth and energy security.