Prime Minister Datuk Seri Anwar Ibrahim criticised the US for unfair trade actions that hurt smaller economies, assuring that Malaysia's strong economy can manage the challenges.
Malaysia’s small- and medium-sized enterprises (SMEs) are asking the government to expand relief measures announced on Monday to also cover non-exporters and non-manufacturers under pressure from US tariffs.
A seminar themed “ASEAN+3 Regional Economic Outlook and Fiscal Policy Report” was held at the Foreign Trade University in Hanoi on April 28.
The Centre for Economic and Business Research (CEBR), in its report “World Economic League Table 2022”, forecasts that Vietnam will become the second-largest economy in Southeast Asia after Indonesia and the 20th-largest economy in the world by 2036.
Singapore is negotiating concessions for pharmaceutical exports to the U.S. while ensuring it still has access to high-end AI chips from the American market, said Trade and Deputy Prime Minister Gan Kim Yong.
Asian economies geared for exports and facing some of the highest US “reciprocal” tariffs are leading the way over their western counterparts in trade negotiations with the Trump administration.
As the threat of United States reciprocal tariffs creates an uncertain future for Malaysia and the world, the government aims to strengthen ties with Europe, says Liew Chin Tong.
U.S. tariffs will have multiplier effects that will "generate a broader negative income and demand shock to the Singapore economy", the Monetary Authority of Singapore said in its macroeconomic review released on Monday.