6m ago
PUTRAJAYA, Aug 1 (Bernama) -- Progressive trade outcomes such as the United States’ (US) decision to reduce tariffs on Malaysian exports will have positive ripple effects across multiple sectors, including construction and manufacturing, said Housing and Local Government Minister Nga Kor Ming.
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KUALA LUMPUR, Aug 1 (Bernama) -- Semiconductor and pharmaceutical exports to the United States (US) are exempt from the 19 per cent tariff for now, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
6m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 1 (Bernama) -- Bargain hunting pushed Bursa Malaysia to end the week higher as investors cheered the United States (US) tariff reduction on all Malaysian products entering the country, coupled with positive market sentiment following the announcement of the 13th Malaysia Plan (13MP).
6m ago
KUALA LUMPUR, Aug 1 (Bernama) -- The government remains firm on matters related to policies in the financial system, government procurements, and Bumiputera interests during negotiations with the United States (US) on reciprocal tariffs.
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KUALA LUMPUR, Aug 1 (Bernama) -- The reduction of the United States’ (US) reciprocal tariff could enhance the overall cost competitiveness of Malaysian-manufactured goods in the US market and serve as an important signal of improved bilateral trade relations.
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KUALA LUMPUR, Aug 1 (Bernama) -- Cypark Resources Bhd's 51 per cent indirectly-owned subsidiary, Reviva BACRE (Ulu Remis) Sdn Bhd, has received approval from the Sustainable Energy Development Authority Malaysia (SEDA) to develop a 1.5-megawatt (MW) biogas facility in Layang-Layang, Johor.
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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.
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KUALA LUMPUR, Aug 1 (Bernama) -- The 13th Malaysia Plan (13MP) outlines a bold vision of structural transformation, social inclusivity, and climate resilience, but its credibility hinges on political will and disciplined execution, said Kenanga Investment Bank Bhd.
6m ago
By Karina Imran
KUALA LUMPUR, Aug 1 (Bernama) -- The United States' (US) decision to reduce tariff on Malaysian exports to 19 pr cent from 25 per cent signals a willingness to negotiate, but the revised tariff is still expected to have significant economic repercussions for Malaysia in the short- and long-term, said an economist.
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KUALA LUMPUR, Aug 1 (Bernama) -- Malaysia’s manufacturing sector showed signs of stabilisation in July, with the pace of moderation easing as demand conditions gradually improved, according to S&P Global.
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BANGKOK, Aug 1 (Bernama) -- The new 19 per cent tariff the United States (US) imposed on Thai goods, effective today, represents a win-win outcome to preserve Thailand’s export base and ensures long-term economic stability.
6m ago
KUALA LUMPUR, Aug 1 (Bernama) -- The United States’ decision to reduce tariff on Malaysian exports to 19 per cent from 25 per cent is a significant achievement and stems from Malaysia’s thorough and methodical negotiating process, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.