Economy

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

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,

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