Correction, not criticism: Fact-checking Dr M on Malaysia-US trade deal done with all due respect, says Zafrul

OSAKA: Fact-checking Tun Dr Mahathir Mohamad on the recent Malaysia-US trade agreement was not a criticism of the former premier, says Tengku Datuk Seri Zafrul Abdul Aziz. The Investment, Trade and Industry Minister said that his intention was not to criticise but to provide clear and correct facts on the matter. “Perhaps he (Dr Mahathir) got the...

Tariff: Positive response from US to Malaysia’s approach

KUALA LUMPUR: The United States (US) has responded positively to Malaysia's approach and engagements on tariff issues and proposals, said Finance Minister II Datuk Seri Amir Hamzah Azizan. He said Malaysia’s proactive engagement and approach with the US is to understand the issues involved and to work together to navigate a path to find a win-win...

Ringgit strengthens against greenback on positive sentiment

KUALA LUMPUR: The ringgit extended gains, opening stronger against the US dollar on Tuesday, supported by ongoing positive sentiment towards the local currency, said an analyst. At 8 am, the ringgit rose to 4.1835/2035 against the greenback, compared to Monday’s close of 4.1990/2035. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said there appears...

Tengku Zafrul, Amir Hamzah heads to Washington: Malaysia seeks fair resolution on US tariffs

JOHOR BARU: Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz and Finance Minister II Datuk Seri Amir Hamzah Azizan head for Washington DC to initiate talks on the United States’ reciprocal tariffs tonight. We are scheduled to meet the US Trade Representative and his team as well as other stakeholders on April 24...