Economy

RANAU, SABAH. Malaysia, July 26 2025 – The Ministry of Domestic Trade and Cost of Living (KPDN) is set to host the Karnival KPDN and the Beli Barangan Malaysia Campaign (KBBM) Series 2 for 2025 in Sabah from July 25 to 27. Held in Ranau, the three-day event aims to attract 60,000 visitors and bring […]

PUTRAJAYA, Malaysia,  July 24, 2025 – The Ministry of Domestic Trade and Cost of Living (KPDN) has welcomed the initiatives announced by Prime Minister YAB Dato’ Seri Anwar Ibrahim on July 23, 2025, aimed at addressing the cost-of-living challenges through targeted interventions and additional livelihood assistance. To bolster these efforts, KPDN will enhance the implementation

PUTRAJAYA, July 23, 2025 – The MADANI Government, led by Prime Minister and Finance Minister Dato’ Seri Anwar Ibrahim, has reaffirmed its commitment to restructuring national subsidies to ensure ordinary Malaysians continue to benefit while addressing leakages to ineligible groups. Effective July 2025, electricity tariff restructuring has been implemented, resulting in 85% of domestic users

PUTRAJAYA, Malaysia, July 23, 2025 – In a historic move, Prime Minister and Finance Minister Dato’ Seri Anwar Ibrahim announced the Rahmah Basic Assistance (SARA) programme, ensuring every Malaysian citizen aged 18 and above receives a one-off payment of RM100 via MyKad in conjunction with the National Day celebration on August 31, 2025. The initiative,

WASHINGTON D.C, July 9, 2025 – In a dramatic escalation of trade tensions, U.S. President Donald Trump has announced a 50% tariff on all Brazilian exports to the United States, effective August 1, citing Brazil’s handling of the ongoing trial of former President Jair Bolsonaro as a “witch hunt.” The announcement, made via a letter

KUALA LUMPUR, Malaysia, July 9, 2025 – Malaysia is making significant strides in its trade negotiations with the United States, with the Ministry of International Trade and Industry (MITI) outlining key progress in securing export market access, modernizing the economy, and safeguarding long-term livelihoods, according to a recent statement by the minister. The complex negotiations,

PUTRAJAYA, Malaysia, July 8, 2025 – The Ministry of Domestic Trade and Cost of Living (KPDN) has rolled out OPS KESAN 4.0 nationwide, effective July 1, 2025, to prevent traders from exploiting the revised Sales and Service Tax (SST) rates and expanded service tax scope. The operation aims to ensure businesses do not unjustifiably hike

WASHINGTON, D.C. – July 8, 2025 – The White House has issued a letter dated July 7, 2025, from President Donald J. Trump to Malaysia’s Prime Minister, Dato’ Seri Anwar bin Ibrahim, outlining a new trade policy. Starting August 1, 2025, the United States will impose a 25% tariff on all Malaysian products shipped to