Tariff Uncertainty Clouds US Apparel Sourcing Decisions, Say Industry Experts

 NEW YORK, July 24 (Bernama-Xinhua) -- Ongoing tariff uncertainty is putting pressure on US textile and apparel firms, as sourcing executives warn that the lack of clear trade rules is complicating supply chain planning, pricing strategies, and diversification efforts, Xinhua reported.

Malaysia To Host Second Round Of EU Free Trade Talks In November - MITI

KUALA LUMPUR, July 22 (Bernama) -- Malaysia is expected to host the second round of negotiations for the Malaysia-European Union Free Trade Agreement (MEUFTA) in November 2025, according to the Ministry of Investment, Trade and Industry (MITI).

Data, Digitalisation Vital In Unlocking Sabah’s Trade Potential

By Jailani Hasan

LABUAN, July 22 (Bernama) -- Data and digitalisation are becoming vital tools in unlocking Sabah’s full trade and logistics potential, with a logistics expert calling for deeper integration and coordination across the state’s supply chain ecosystem.

Rate Cut To Spur Moderate Demand In Property Sector, Say Analysts

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 20 (Bernama) -- The cut in the Overnight Policy Rate (OPR) by Bank Negara Malaysia (BNM) will spur moderate demand for properties in general in the second half (2H) of this year while demand in the high-end segment will continue to be robust, analysts say.

SEKO Logistics Opens New Singapore Hub To Power Regional Fulfilment, Growth

KUALA LUMPUR, July 17 (Bernama) -- SEKO Logistics (SEKO) has relocated its Singapore corporate office and warehouse to a new 8,000-square-foot facility in the Changi Free Trade Zone, a move that supports the company’s Asia Pacific growth strategy.

MITI Finds No Evidence Of AI Chips Smuggling -- Tengku Zafrul

KUALA LUMPUR, July 15 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has not found any evidence of incidents relating to the smuggling of high-performance artificial intelligence (AI) chips, said its minister, Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Malaysia Should Strengthen ASEAN Ties, Engage In Multilateral Cooperation To Counter Trade Pressures -- Experts

By Harizah Hanim Mohamed

KUALA LUMPUR, July 10 (Bernama) -- Malaysia should continue to strengthen its intra-ASEAN trade relations and engage in multilateral partnerships, as this approach will reduce dependence on any single country and benefit all parties by minimising both trade and non-trade barriers, including tariffs and the movement of goods across borders.

MOF To Facilitate Industries In SST Transition Period

KUALA LUMPUR, July 4 (Bernama) – The Finance Ministry (MOF) has agreed to provide transitional support to industry players during the change in the scope of the Sales and Service Tax (SST), following feedback regarding difficulties in complying with all operational requirements.

SAMENTA Welcomes Revision To Expanded SST As Relief For SMEs

KUALA LUMPUR, June 27 (Bernama) -- The Small and Medium Enterprises Association Malaysia (SAMENTA) has welcomed the Ministry of Finance’s (MoF) revision to the expanded Sales and Service Tax (SST), describing it as a meaningful relief for the small and medium enterprises (SMEs).

After Apples And Oranges, MoF Announces Exemption For Beauty Services From Service Tax Expansion

KUALA LUMPUR, June 27 (Bernama) -- The Ministry of Finance (MoF) announced today that, after carefully considering public sentiment, it has decided not to proceed with the proposed expansion of the Service Tax to beauty services such as manicures and pedicures, facial services, and barbers and hairdressers.

Banks To Begin Charging Service Tax On Financial Services From July 1 Under Expanded Scope

KUALA LUMPUR, June 25 (Bernama) -- Member banks of Malaysia's banking associations will begin implementing the service tax on relevant financial services in phases from July 1, 2025, in accordance with the guidelines issued by the Royal Malaysian Customs Department.

Malaysia Signs Economic Partnership Deal With Switzerland, Norway, Iceland And Liechtenstein

KUALA LUMPUR, June 23 (Bernama) -- Malaysia and the European Free Trade Association (EFTA) member states have signed an economic partnership agreement, opening a new chapter for Malaysia’s trade, investment and economic relations with Switzerland, Norway, Iceland and Liechtenstein.