The joint statement emphasised the importance of harmonising arbitration and mediation frameworks across the Association of Southeast Asian Nations (ASEAN) in alignment with international standards.
Tax exemptions granted to the US in recent trade negotiations should not be viewed as a blanket precedent for other foreign countries to seek the same benefit from Malaysia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
The sweeping global tariffs imposed by the Trump administration should provide fresh impetus to boost trade within the Association of Southeast Asian Nations (ASEAN), Malaysia’s envoy to Manila said on Tuesday.
Malaysia's economy is demonstrating resilience in the face of global uncertainties, but experts warn that sustained growth will hinge on diversification, adaptive policies, and strong domestic demand.
Innovation in advanced manufacturing, agri-tech, electronic vehicles can unlock economic opportunities regionally, say ministers.
Electric vehicle battery recycling could be a promising business, though the EV industry is facing challenges caused by the impact of the US trade policy and an economic slowdown, says management consultancy firm Arthur D Little (ADL).
Malaysia's trade prospects for 2025 remain supported by robust exports, after bouncing back to growth in July with the highest monthly value ever, economists said.
While Malaysia's exports saw a stronger-than-expected rebound in July, economists say the country's overall trade outlook remains clouded by the risks of US tariffs and softening global demand.