OCBC Cuts Malaysia’s 2025 GDP Forecast To 4.3 Pct
KUALA LUMPUR, April 22 (Bernama) -- OCBC Bank (Malaysia) Bhd has revised Malaysia’s gross domestic product (GDP) growth for 2025 to 4.3 per cent from 4.5 per cent on a weaker external demand outlook.
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KUALA LUMPUR, April 22 (Bernama) -- OCBC Bank (Malaysia) Bhd has revised Malaysia’s gross domestic product (GDP) growth for 2025 to 4.3 per cent from 4.5 per cent on a weaker external demand outlook.
By Harizah Hanim Mohamed
KUALA LUMPUR, April 20 (Bernama) – Multinational logistics company DP World is deepening its presence in ASEAN to capitalise on Southeast Asia’s emergence as a key offshore manufacturing base for Chinese companies.
By Kenny Teng Khoon Hock
BANGKOK, April 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today reaffirmed that ASEAN rejects any form of unilaterally imposed tariffs, stating that such measures contradict the spirit of multilateralism.
KUALA LUMPUR, April 17 (Bernama) -- Minister of Investment, Trade and Industry (MITI), Tengku Datuk Seri Zafrul Aziz is set to meet United States Trade Representative (USTR), Jamieson Greer and other relevant officials in Washington on April 24, to discuss the reciprocal tariff imposed on Malaysia.
By Harizah Hanim Mohamed
KUALA LUMPUR, April 10 (Bernama) – Country coordinator Cambodia for the ASEAN-United States (US) dialogue for the 2024-2027 cycle will host a meeting of the grouping’s economic ministers and American trade officials from April 22-23, with US tariffs expected to take centre stage.
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.
By M.Saraswathi
KUALA LUMPUR, April 10 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia welcomes the United States’ (US) move to pause higher tariffs for numerous trading partners, while acknowledging that this volatility creates significant challenges for ASEAN economies.
KUALA LUMPUR, April 10 (Bernama) -- The ASEAN Disaster Management and Emergency Relief Fund has been utilised in the wake of the recent earthquake in Myanmar, with the regional bloc now looking towards longer-term recovery efforts, said ASEAN Secretary-General Dr Kao Kim Hourn.
KUALA LUMPUR, April 10 (Bernama) -- ASEAN must remain neutral in the escalating global trade war over tariffs between superpowers the United States and China, former Bank Negara Assistant Governor Tan Sri Andrew Sheng said.
KUALA LUMPUR, April 9 (Bernama) -- There will be no winner in the United States (US) sweeping global tariffs and similar responses from other countries, and the only way forward is through negotiation to minimise the damage, said former Bank Negara Malaysia assistant governor Tan Sri Andrew Sheng.
KUALA LUMPUR, April 9 (Bernama) -- The construction of the second bridge project connecting Rantau Panjang, Kelantan, and Sungai Golok, Narathiwat is a significant step towards strengthening regional connectivity and economic integration within ASEAN, said ASEAN Secretary-General Dr Kao Kim Hourn.
KUALA LUMPUR, April 9 (Bernama) -- The recent decision by the United States (US) to impose tariffs on Malaysian exports marks a sharp turn in global economic diplomacy, one that is symptomatic of deeper geopolitical anxieties.