The Ministry of Investment, Trade and Industry (Miti) is considering incentives for investors that maximise the use of local ports, particularly in Penang and Kuala Perlis.

THE 25% tariff on Malaysian exports to the US has certainly given local furniture makers, who were already suffering from earnings contractions since the Covid-19 pandemic, the jitters. Industry players are crying foul over what has been described as an “abrupt and severe measure” by the Trump administration.

Investors are showing signs of pulling money out of government bonds and plowing it into US and European company debt.  

China’s industrial earnings fell for a second straight month, with authorities set to intensify their drive to rein in excessive competition that’s dragging down prices and compounding the pain from US tariffs.

Malaysia’s economy remains on a “strong footing” and may expand 4.0%-4.8% this year, the central bank said on Monday, days ahead of the US tariff deadline.

Malaysia’s foreign levy under the proposed multi-tier mechanism could see a minimum increase of between RM300 and RM500, a Home Ministry official was quoted as saying in the Public Accounts Committee’s (PAC) latest report.