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Tariff

US slashes Malaysia tariff to 19% amid trade overhaul

Malaysia among ASEAN nations facing revised US tariffs amid Washington’s aggressive trade realignment

Ringgit likely to trade within RM4.22-RM4.23 against greenback next week

However, the ringgit ended the week higher against the US dollar, closing at 4.2270/2360 on Friday from 4.2530/2605 a week earlier

Asean currencies seen strengthening this year as US dollar weakens

Maybank IB said President Donald Trump’s protectionist stance, speculated preference for a weaker dollar, and tax proposals have contributed to recent declines in the greenback

Ringgit strengthens against US dollar amid tariff shock impact

At 8.04 am, the local note rose to 4.2100/2410 versus the greenback from Friday’s close of 4.2285/2345

Trump threatens Apple with 25% tariff on iPhones made outside US

Apple has built up supply chains in Asia over the last few decades with large factories, mainly in China
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Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil

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