KUALA LUMPUR: Malaysia, as a trading nation, will continue exploring new markets and strengthening relations with major economies to sustain growth and investment, says Prime Minister Datuk Seri Anwar Ibrahim on Sunday (Oct 26). He said Malaysia must maintain balanced engagement with both the West and the East, deepening ties with the United States while forging...
KUALA LUMPUR: Malaysia will spend up to US$150bil in the next five years to buy equipment from U.S. multinationals for its semiconductor, aerospace and data centre sectors, part of a deal with Washington to cut tariffs, its trade minister said on Monday. The United States announced last week that it would impose a 19% tariff on...
AUSTIN: It’s no easy feat to catch Washington’s formidable trade lobbies and relentless, scoop-hungry journalists off guard. Yet on Tuesday (July 22), US President Donald Trump managed to do exactly that. On a day when experts and analysts were poised to dissect a potential deal with the Philippines, awaited after President Ferdinand Marcos Jr’s visit to the...
SINGAPORE: The trade deal announced on Tuesday (July 15) lowering US tariffs on Indonesian goods is seen by some as a diplomatic win for President Prabowo Subianto, though others warn that he may have overpromised and burdened Indonesia with costly commitments. US President Donald Trump broke the news on his Truth Social platform, saying that he...
WELLINGTON: Malaysia is poised to be a halal hub in Asean for products from New Zealand, says Datuk Seri Dr Ahmad Zahid Hamidi. The Deputy Prime Minister said this comes after two organisations in New Zealand, which has obtained recognition from the Malaysian Islamic Development Department (Jakim), to use Malaysia as a springboard to widen its...
SEPANG: Datuk Seri Anwar Ibrahim has left for Italy on the first leg of his week-long visit which includes Paris and Rio de Janeiro. The Italian visit, Anwar’s first as Prime Minister, is aimed at strengthening bilateral relations with the European nation. The Prime Minister and his entourage left via the Bukit Raya Complex in Sepang in...
KUALA LUMPUR: Malaysia’s total trade in services rose by 14.6 per cent to RM497.4 billion last year from RM434.0 billion in 2023, contributing 25.8 per cent to the gross domestic product (GDP) at current prices. In a statement today, the Department of Statistics Malaysia (DOSM) said exports of services grew by 24.6 per cent to RM242.9...
KUALA LUMPUR: The United States sees Malaysia as a key partner even as South-East Asia navigates growing engagement with China, citing the country's focused and professional approach to advancing bilateral trade talks, says US Ambassador to Malaysia Edgard Kagan (pic). He said Washington does not see growing ties with China as a threat to its own...
WASHINGTON: While Donald Trump hailed the outcome of trade talks in London, Xi Jinping walked away with an understated strategic gain: a negotiating process that buys China time and helps defuse the threat of more harmful tariffs and technology curbs. Shortly after two days of negotiations wrapped, Trump declared Wednesday (June 11) on social media that...
KUALA LUMPUR: Malaysia's positive trade performance in April 2025 was underpinned by a double-digit expansion in exports, led by a rebound in shipments to Asean and China, as well as a surge in trade with the US. According to the Ministry of Investment, Trade and Industry (Miti), the country's exports grew 16.4% year-on-year (y-o-y) to RM133.56bil...
