Shifting exports to countries in other trading blocs, reducing dependence on American market vital to national economy

AUCKLAND, July 14 — Malaysia has identified three priority areas for enhanced cooperation with New Zealand: sustainability, digital transformation and food security.

By Yasmin Ramlan SHAH ALAM, May 20 — As global trade tensions mount, Selangor continues to extend strong support to small and medium enterprises (SMEs) with state-backed programmes. These include targeted financing schemes, digitalisation efforts, and green innovation grants, all designed to...

KUALA LUMPUR, May 15 — Asean is seeking to expand membership in two key trade agreements — the Regional Comprehensive Economic Partnership (RCEP) and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) — as part of efforts to strengthen regional economic integration.

SINGAPORE, April 10 — Asean should review regional non-tariff barriers to facilitate greater intra-regional trade amid growing uncertainty triggered by the United States’ (US) new tariff scheme, said the Singapore Business Federation (SBF).

KUALA LUMPUR, April 8 — Asean's semiconductor market has the potential to exceed US$52 billion (RM233.4 billion) by 2032 by moving up the value chain, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, March 8 — Malaysia is determined to expand the country’s trade linkages by ensuring the successful implementation of the Asean-China Free Trade Area (ACFTA) and the Regional Comprehensive Economic Partnership (RCEP).

CANBERRA, March 7 — As parties to four economic frameworks, including the Regional Comprehensive Economic Partnership (RCEP), the economic relationship between Malaysia and Australia is set to strengthen further, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Nov 30 — Malaysia's trade performance for the period from January to October 2023 has been affected by the world economic situation which is not encouraging with high global inflation rates, commodity price uncertainty and a high base effect, according to the Investment, Trade, and Industry Ministry (Miti).

KUALA LUMPUR, November 21 — Companies from Regional Comprehensive Economic Partnership (RCEP) countries and China will invest RM100 billion over the next five years in Malaysia to accelerate its digital and green economy transformation.

By Danial Dzulkifly SHAH ALAM, Nov 17 – Selangor is confident of achieving its target of RM45 billion in approved investment for 2023, said state executive councillor for investment Ng Sze Han. This comprises RM12 billion in investments in the manufacturing sector and RM32 billion in the...

By Danial Dzulkifly SHAH ALAM, Nov 14 — The Selangor administration is taking proactive steps to support local manufacturers by leveraging major free trade agreements, particularly the Regional Comprehensive Economic Partnership (RCEP), to boost exports in response to the current national trade...

KUALA LUMPUR, Nov 4 — Against the backdrop of escalating regional security challenges, including North Korea's nuclear developments and unilateral attempts to alter the status quo in the East and South China Seas, Japan wants to further cooperate with Malaysia in maintaining and enhancing maritime connectivity and stability in the region.

KUALA LUMPUR, Sept 11 — The Malaysia External Trade Development Corporation (Matrade) is optimistic about achieving sales of RM2.5 billion for this year’s edition of the Malaysia International Halal Showcase (Mihas).

JAKARTA, March 17 — Asean has sufficient resources to become a centre of world economic growth with a GDP reaching US$3.36 trillion (RM15.07 trillion) in 2021 and a population of 650 million people, Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto said on March 15.

KUALA LUMPUR, March 8 — Malaysia's approved investments amounted to RM264.6 billion in 2022, with the services sector accounting for the largest share of the pie, followed by the manufacturing and primary sectors.

KUALA LUMPUR, Feb 20 — MIDF Research is keeping its projection for both exports and imports to expand at 9.2 per cent and 9.5 per cent year-on-year (y-o-y) respectively despite the slower-than-expected trade recorded in January.

KUALA LUMPUR, Dec 15 — The Malaysia - China Chamber of Commerce (MCCC) is urging the government to set up a special task force to assist small and medium enterprises (SMEs) in their application processes, with regard to the Regional Comprehensive Economic Partnership (RCEP) agreement.

KUALA LUMPUR, Nov 25 — The Dewan Rakyat sitting today is expected to touch on the issue of Royal Malaysian Air Force (RMAF) bases in densely-populated as well as non-strategic areas.

KUALA LUMPUR, Nov 21 — Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed has reiterated the government's hope to ratify the Regional Comprehensive Economic Partnership (RCEP) by early next year.