KUALA LUMPUR: Malaysia’s exports are likely to be impacted by the imposition of any direct tariff, global growth slowdown or possible recession. However, the longer-term outlook remains bright as there is room for the country to benefit from supply chain diversification, said Franklin Templeton. Franklin Templeton Emerging Markets Equity Portfolio
KUALA LUMPUR: No Malaysians have been reported affected by the attack in Pahalgam, Kashmir, the Foreign Ministry (Wisma Putra) said. In a statement, the ministry said it is closely monitoring the situation following the attack in Pahalgam on Tuesday, through the High Commission of Malaysia in New Delhi. Pahalgam, a
ISTANBUL: Turkey has expressed interest in becoming a dialogue partner at the 2025 ASEAN Summit to be held in Kuala Lumpur in May and September, says Deputy Prime Minister Datuk Seri Fadillah Yusof. He said the interest was conveyed by Turkish Vice President Cevdet Yilmaz during a courtesy call in
KUALA LUMPUR: The Department of Islamic Development Malaysia (JAKIM) has ordered the immediate recall of several imported food products from Indonesia after tests revealed they contained porcine (pig DNA). JAKIM director-general, Datuk Dr Sirajuddin Suhaimee said the affected products may compromise halal standards and urged importers to contact the agency
PUTRAJAYA: The Visa Liberalisation Plan (PLV) for Chinese visitors has been extended for another five years, as the initiative has shown immediate positive impact on the country’s economy, said Home Minister Datuk Seri Saifuddin Nasution Ismail. He said the decision to extend the PLV was part of a series of Memoranda
PUTRAJAYA: The Pulau Layang-Layang Coral Garden project by the Bintawa Fisheries Research Institute (FRI) in Sarawak is one of the Department of Fisheries’ (DOF) key initiatives aimed at preserving and restoring the country’s marine environment. The project is the largest man-made coral garden in Malaysia, which has earned a spot in
ALOR SETAR: A chicken processing factory in Kulim was imposed the Equipment Operation Detention (POK) action by the Department of Environment (DOE) last Sunday for causing odour pollution and discomfort to residents in the surrounding area. Kedah DOE director Sharifah Zakiah Syed Sahab said the action was taken under Section 38 (1)(a) of
KUALA TERENGGANU: The Ministry of Health (MOH) has issued 37,381 notices for various offences under the Control of Smoking Products for Public Health Act 2024 (Act 852) since the law came into effect on Oct 1, 2024, up to March 31. Health deputy director-general (Public Health) Datuk Dr Norhayati Rusli said
MOSCOW: China halted liquefied natural gas (LNG) purchases from the United States in March, while simultaneously increasing its imports from Australia, Indonesia, and Brunei, according to a RIA Novosti analysis of Chinese customs data. In 2024, the US was among the top five suppliers of LNG to the Chinese market,
TARIFFS are taxes imposed by a country on imported goods entering its domestic market. The main objective is to increase the price of foreign goods, making local products appear more competitive. In Malaysia, for example, tariffs are imposed on imported vehicles such as those from Honda, Toyota, and Mercedes, making
