Industry leaders see golden opportunities for investors despite earthquake impact on high-rise developments.
President Tan Sri Soh Thian Lai of the Federation of Malaysian Manufacturers (FMM) warned that such pressures could force some companies, especially those in cost-sensitive sectors like electrical machinery services (EMS), which supports US-linked manufacturing operations in Malaysia, to scale back operations.
Pichai revealed that actually, Thailand and the US had held unofficial discussions on the matter, and he believed that proposals from his country benefited both sides.
The International Monetary Fund (IMF) has issued a stark warning: the current global trade war could pose a more severe crisis than the Covid-19 pandemic — especially for central banks in emerging markets, where the challenges are more complex and the policy responses less uniform.
The government has reaffirmed its commitment to concluding its free trade agreement negotiations with the European Union by the end of this year, a move aimed at expanding trade and investment opportunities amid growing global economic uncertainty.
In a recent press conference with the Club of Cambodian Journalists (CCJ), Indonesian ambassador to Cambodia Santo Darmosumarto emphasised the potential for increased rice trade between the two nations, while highlighting the challenges surrounding competitive pricing and transportation costs.
On renewable energy, Singapore and the Philippines agreed to deepen both bilateral and regional cooperation, and to accelerate efforts towards realising the ASEAN power grid, a plan to connect the electricity networks of the group’s 10 member countries to enable cross-border power trading by 2045.
The IM is a key document in the accession process, containing an independent assessment of the alignment between national regulations, standards, and practices with OECD norms and standards.