KUALA LUMPUR, June 19 (Bernama) -- In addition to zakat, the Islamic financial system has several methods of collecting public wealth for use in purposes determined by Islamic law, according to a lecturer at a local university.
KUALA LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting lower-income groups and essential sectors.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 16 (Bernama) -- The ringgit ended higher against the US dollar, supported by a weaker US Dollar Index (DXY) which fell by 0.21 per cent to 97.979 points amid heightened uncertainties, an economist said.
KUALA LUMPUR, June 13 (Bernama) -- Journalists are keenly aware that knowledge in business and economics reporting is a pivotal component in covering domestic, regional and international issues competently, with tariffs now dominating global headlines.
By Siti Noor Afera Abu
KUALA LUMPUR, June 12 (Bernama) -- The ringgit continued to strengthen against the US dollar on Thursday, buoyed by a softer US Dollar Index (DXY), which declined by 0.25 per cent to 98.386 points.
KUALA LUMPUR, June 12 (Bernama) -- Malaysia is seeking lower tariff rates for selected sectors under the United States’ (US) 10 per cent minimum tariff, particularly for industries deemed critical to both economies, ahead of another round of negotiations in Washington on June 18.
KUALA LUMPUR, June 11 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will travel to Washington, United States (US), on June 18 to resume negotiations over tariffs imposed on Malaysian goods.
KUALA LUMPUR, June 10 (Bernama) -- Taiwan was Malaysia’s fourth-largest trading partner in 2024, with trade valued at RM176.10 billion, representing a 38.5 per cent growth from the previous year, according to the Malaysia External Trade Development Corporation (MATRADE).
From Kisho Kumari Sucedaram
BEIJING, June 9 (Bernama) – China’s trade with ASEAN and Belt and Road Initiative (BRI) partner countries continued to gain traction in the first five months of 2025, with trade between China and ASEAN rising 9.1 per cent year-on-year to 3.02 trillion yuan (US$415.5 billion).
KUALA LUMPUR, June 9 (Bernama) -- Foreign investors extended their net selling in Asian markets for a third consecutive week, recording an outflow of RM6.21 billion, or US$1.47 billion, significantly higher than the previous week’s outflow of US$170.8 million (US$1=RM4.23).
From Nor Baizura Basri
SAN FRANCISCO, June 5 (Bernama) -- It was a cold morning in San Francisco, and my stomach was growling for food. As I munched on the snacks available in my hotel room, the day had started early with the sun shining brightly before 6 am.
By Nurunnasihah Ahmad Rashid and Nur Atiq Maisarah Suhaimi
KUALA LUMPUR, June 4 (Bernama) -- Malaysia must be prepared to negotiate the next wave of potential American tariffs targeting key strategic sectors and products such as semiconductors, technology products and pharmaceuticals, rather than focusing solely on negotiating reciprocal tariffs reductions currently with the US.
