Malaysian SMEs urged to diversify, leverage ASEAN countries to navigate tariff challenges

KUALA LUMPUR: Malaysian small and medium enterprises (SMEs) must take steps to diversify both their sources of raw materials and their customer base, ensuring that supply chain risks

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Tuju Setia secures RM264m contract, order book hits RM2.1b

KUALA LUMPUR: Building construction company Tuju Setia Bhd has secured a RM264 million contract from MKH Bhd (MKH) to construct the Residensi Naluri, a high-rise apartment project in

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FMM: Semiconductors, pharmaceuticals exempted but most Malaysian exports to the US will face new tariffs

PETALING JAYA: The Federation of Malaysian Manufacturers (FMM) has expressed dissatisfaction over the United States’ decision to impose a 24% reciprocal tariff on Malaysian exports, given Malaysia’s strong

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Auto ConneXion widens local footprint

KUALA LUMPUR: Sime Darby Auto ConneXion Ford (Auto ConneXion), the sole distributor of Ford vehicles in Malaysia, sustained its sales momentum in 2024, reflecting consumer confidence in the

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Gold slips after hitting all-time high on Trump tariffs

GOLD prices took a breather on Thursday after surging to yet another all-time high following U.S. President Donald Trump’s announcement of sweeping import tariffs, which drove investors to

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Markets reel as US tariffs stoke fear of ‘spiral of doom’ for growth

NEW YORK/SHANGHAI/LONDON: President Donald Trump’s new tariffs sent shockwaves through markets on Thursday, with the dollar and U.S. stocks among the hardest hit on fears a broadening trade

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MIDF Research: A 10% drop in shipments to the US could shave 1.3ppt off Malaysia’s exports

KUALA LUMPUR: Market analysts have raised concerns following US President Donald Trump’s announcement of expansive new global tariffs. MIDF Research warns that if the policy triggers a 10%

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Malaysia must shift economy to next level of productivity to remain competitive: Forum chairman

KUALA LUMPUR: Malaysia will need to shift its own economy to the next level of productivity to remain competitive post-US tariffs announcement as internal reforms are now becoming

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Keeping workforce abreast of AI

WITH the artificial intelligence (AI) revolution advancing like a runaway train, it is imperative that we do some targeted evaluation to determine the upskilling and reskilling needs of

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Trump’s global tariffs hurt China with ‘all-round blockade’

DONGGUAN: Chinese outdoor furniture maker Jin Chaofeng set up a factory in Vietnam last July to escape higher U.S. tariffs. Now he is looking to close it, as

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