It is confirmed that Ayer Kuning by-election would be a three way battle involving BN’s Dr Mohamad Yusri Bakir, 49; PN’s Abd. Muhaimin Malek, 44 and the 40 year old Perak PSM chair Bawani KS. An interesting aspect to watch in this semi urban, Malay majority mixed seat is MIC’s role and how the Indians…
Beijing has unofficially declared a tariff war against the US. It has announced that it is raising the tariff rates from 84 percent to 125 percent effective from tomorrow. The move comes after President Donald Trump announced a pause on reciprocal tariffs. The pause however does not include tariffs on China which is at 145…
The National Investment Council is looking into various funding strategy for the National Semiconductor Strategy (NSS). It is also a measure taken to ensure Malaysia transition from a foreign direct investment reliant nation to a self reliant nation. This is done to ensure Malaysia remains competitive on the world stage, revealed Investment, Trade and Industry…
Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz confirmed that all ASEAN leaders would be raising the reciprocal tariffs that US President Donald Trump have announced. This would be done via a special US-ASEAN summit. “And I was made to understand from the Asean secretariat, now we are waiting for the US to revert…
Sukudhew Singh The US reversed its tariffs, opting for a 90-day delay. This flip-flop highlights how the world’s largest economy conducts trade – unpredictably and with immense power. It seems that someone finally made the US president realize the consequences of these tariffs. The 90-day pause appears to be an attempt to spin a policy…
By: Tengku Zafrul Aziz Nothing is certain but uncertainty when it comes to Trump tariffs! The US has implemented yet another shift in their trade policy, pausing higher tariffs for numerous trading partners while simultaneously escalating its trade dispute with China. We welcome this move while acknowledging that this volatility creates significant challenges for ASEAN…
A political analyst has urged the non-Muslims against voting for Pas which he referred to as Moon Party. “Here’s the real issue: if you’re an elected YB representing a diverse constituency, including non-Muslims, and you refuse to meet them in their places of worship (which isn’t about religion, just connecting with voters), especially in a…
A political analyst pointed out that the reciprocal tariffs of 24% that US President Donald Trump has announced in Malaysia was not meant to punish Malaysia. Professor James Chin of Tasmania University, Australia also pointed out that Trump wants Putrajaya to remove bureaucratic red tapes and non-tariff barriers. “Not much Malaysia can do due to…
The US will proceed with a 104% tariff on China beginning Wednesday, the White House announced. “There will be 104% tariffs going into effect on China tonight at midnight,” said spokeswoman Karoline Leavitt at a press briefing on Tuesday, Bernama reported citing Anadolu Ajansi. Leavitt said President Donald Trump believes China “has to make a…
The US tourism industry was expecting a surge in the numbers of foreign tourists but thanks to US President Donald Trump’s big mouth over policies and the reciprocal tariff, people are shunning away from the US. The federal government’s National Travel and Tourism Office released preliminary figures Tuesday showing visits to the U.S. from overseas…
