Round-the-clock breaking news from Malaysia.
Prime Minister Anwar Ibrahim has pledged Malaysia will not serve as a transit point for goods heading to Israel, following the seizure of a container with suspected strategic materials at Johor's main port facility.
Malaysia's Domestic Trade and Cost of Living Minister Armizan Ariffin has announced that a Cabinet committee will investigate the growing issue of imported goods being sold through online platforms, responding to concerns raised by local traders.
Malaysia's Ministry of Investment, Trade and Industry has opened an anti-dumping investigation into coated steel imports from China, Taiwan and Vietnam, after domestic producer NS Bluescope Malaysia alleged unfair pricing and market damage.
Malaysia's Domestic Trade and Cost of Living Ministry is soliciting stakeholder proposals to strengthen policies promoting local products, as a newly established Cabinet Committee prepares to coordinate cross-agency efforts.
Malaysia's iron and steel sector could face RM970.7 million in compliance costs when the EU's carbon border tax takes effect in January 2026, according to a Malaysian Steel Institute study, prompting government intervention plans.
New US Section 301 tariffs are expected to have limited immediate impact on Southeast Asian exports thanks to widespread product exemptions and lower effective rates, though an ongoing probe into excess capacity poses longer-term trade and geopolitical concerns.
Malaysia's Cabinet has approved a new committee to strengthen domestic product promotion and reduce import reliance. Chaired by Deputy Prime Minister Datuk Seri Fadillah Yusof, the initiative aims to coordinate efforts across government agencies and boost the Jom Malaysia programme.
Malaysia has secured a 10% tariff rate under US Section 301 forced labour measures, placing it among 17 economies in the lower tier. The rate takes effect July 24, recognising Malaysia's labour enforcement commitments.
The ringgit opened stronger against most major currencies on Friday but retreated against the US dollar as markets adopted a risk-averse stance, with Trump's fresh tariff announcements weighing on sentiment.
The United States has announced additional tariffs of 10 to 12.5 per cent against 60 trading partners, including major economies, for inadequate enforcement of forced labour prohibitions on imported goods.
Malaysia's Domestic Trade Ministry will review a parliamentary committee's recommendations on cooking oil subsidies, focusing on expanding a digital tracking system to prevent subsidy misuse and limit foreign access to subsidised supplies.
A senior adviser to Prime Minister Narendra Modi has advocated for India to welcome increased Chinese investment and engage more deeply in Asian trade frameworks, citing concerns over US policy consistency and the need for economic diversification.
Prime Minister Anwar Ibrahim has outlined how the Malaysia-Thailand Border Economic Zone will facilitate Malaysian exports to Indochina markets by removing longstanding Thai customs barriers affecting fisheries and agricultural goods.
EU tariffs on Chinese electric vehicles have prompted Western automakers to shift production back to Europe, with Chinese-made EV imports from Western brands falling sharply, while Chinese manufacturers expand local manufacturing capacity.
Malaysia's Federation of Malaysian Manufacturing has appealed to the US to adopt a measured approach to proposed Section 301 tariffs on imports, warning that blanket duties risk punishing ethical manufacturers and disrupting established trade relationships.