Sharp, essential news and analysis from Malaysia.
Malaysia has launched an anti-dumping investigation into coated steel imports from China, Taiwan, and Vietnam after NS Bluescope Malaysia filed a petition alleging unfair pricing and market damage.
Agrobank is launching Halal@Agrobank to nurture 10,000 agrifood entrepreneurs over five years, pledging RM1 billion in halal-compliant financing and support for 1,500 businesses seeking certifications as Malaysia taps into a projected US$9.5–10.5 trillion global halal market.
Prime Minister Anwar Ibrahim has stressed that Malaysia's internationally recognised halal certification system must be supported by strong industry capabilities and strategic global cooperation to position the nation as a leading halal hub.
Malaysia has been classified for a 10% tariff under US Section 301 forced labour measures, effective July 24, recognising its labour law enforcement efforts. Seventeen economies face this lower rate while others pay 12.5%.
Prime Minister Datuk Seri Anwar Ibrahim has pledged that Malaysia will maintain diplomatic engagement with the United States to resolve disputes over a recently announced 10 per cent tariff affecting Malaysian exports.
The ringgit opened Friday trading stronger against regional currencies but faltered against the US dollar as investors grew cautious over fresh American import tariffs. Economists expect the local currency to remain volatile within RM4.08–RM4.10 against the greenback.
Malaysia's Food and Drinks Malaysia exhibition is on track to exceed last year's US$265 million in sales, buoyed by strong international participation and increased buyer activity despite persistent supply chain challenges and elevated food prices.
The National Economic Action Council has directed the Ministry of Investment, Trade and Industry and Economy Ministry to assess proposals from the Malaysian Plastics Manufacturers Association, which faces escalating raw material costs and global supply chain disruptions.
Malaysia has rolled out 23 initiatives under the Halal Industry Master Plan 2030 to reduce dependence on imported halal ingredients, focusing on domestic production capabilities and supply chain resilience.