Malaysia eyes alternative rice supply
The government has not ruled out the possibility of increasing rice imports from several regional countries following the ongoing conflict involving India and Pakistan, says…
Trade
China’s central bank cuts interest rate as US tariffs threaten economy
People’s Bank of China Governor Pan Gongsheng announced Wednesday that the lending rate to commercial banks would be reduced by 0.25 percentage points to 1.5 percent.
Concerns raised over Japan’s potential concessions on auto safety standards; experts point out risk of increased fatalities
Many of Japan’s automobile safety standards were formulated based on lessons learned from past accidents and have been incorporated into global standards set by the United…
After Trump tariffs, Malaysia delays local hikes in bid to fuel economic growth
A minister admitted that “politically, it is very difficult” to cut fuel subsidies now, given the headwinds from US President Donald Trump’s decision to apply tariffs on the…
China, EU mark five decades of diplomatic ties
China and the EU have a combined economic output of more than one-third of the world's total output, and their two-way trade exceeds one-fourth of total world trade.
Vietnamese, Sri Lankan Presidents seek US$1bil in trade, stronger ties in agriculture, religion
The Sri Lankan President affirmed that he will create favourable conditions for Vietnamese businesses to invest in strategic sectors with high demand in his country, including…
China doesn’t fear trade war, urges equal, respectful talks, envoy says
Speaking at an embassy open house event on Saturday, Chinese Ambassador to the US Xie Feng said tariff hikes benefit no one, but instead disrupt business, raise costs, rattle…
ADB Chief: Asia must promote free trade amid uncertainty, use current crisis to implement structural reforms
Asian nations can establish win-win relationships by supplying high-quality products to other countries and receiving good products from them, which will enable both sides to…
Malaysia aiming for zero-rated tariffs on exports to US: minister
Investment, Trade and Industry Minister Zafrul Abdul Aziz said that among the demands of the United States during its recent negotiations with Malaysia was to safeguard its…
Philippines airs business concerns to US in tariff talks
Special Assistant to the President for Investment and Economic Affairs Frederick Go, who led the Philippine delegation, said the talks “went very well,” emphasizing that the…