logo
Anwar: Revised US tariffs won't impact Malaysia's semiconductor sector

Anwar: Revised US tariffs won't impact Malaysia's semiconductor sector

PUTRAJAYA: Malaysia's semiconductor industry will not be significantly affected by the revised United States (US) tariffs, said Prime Minister Datuk Seri Anwar Ibrahim.
Anwar said the companies were either American firms or ones that would continue to invest and produce in the US.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

No Place For Hooliganism In Sports
No Place For Hooliganism In Sports

Barnama

timean hour ago

  • Barnama

No Place For Hooliganism In Sports

KUALA LUMPUR, Aug 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has stressed that there is no room for hooliganism or violence in sports, particularly football, as such behaviour goes against the spirit of sportsmanship. He said sports should serve as a unifying force among Malaysians of all backgrounds and must not be tainted by unruly or divisive conduct. 'Everyone supports their team or their state or their province, but that does not allow them to create chaos and tolerate hooliganism. So we'll make a difference. Don't import that culture of hooliganism in sports as you read and see and watch on television from the experience of other countries,' he said in a speech during the groundbreaking ceremony of Olympic House here, today.

Asean leaders want Malaysia to continue as mediator in Thailand-Cambodia conflict
Asean leaders want Malaysia to continue as mediator in Thailand-Cambodia conflict

The Star

timean hour ago

  • The Star

Asean leaders want Malaysia to continue as mediator in Thailand-Cambodia conflict

KUALA LUMPUR: All Asean member state leaders have agreed that Malaysia should continue playing the role of mediator to resolve the border conflict between Thailand and Cambodia, says Home Minister Datuk Seri Saifuddin Nasution Ismail. He said Prime Minister Datuk Seri Anwar Ibrahim had contacted all Asean leaders earlier on Thursday (Aug 7) morning before receiving a courtesy call from the Thai and Cambodian delegations in Kuala Lumpur for the Extraordinary General Border Committee (GBC) meeting at the Armed Forces' Wisma Perwira. Saifuddin Nasution said all Asean leaders or heads of state contacted expressed their support for Malaysia's role in mediating the conflict between the two neighbouring Asean countries. "All agreed that the current bilateral mechanism is sufficient for now, while also agreeing that there will be another round of discussions after today's meeting," he told a press conference after the meeting. Also present were Deputy Defence Minister Adly Zahari and Chief of Defence Forces General Tan Sri Mohd Nizam Jaffar. – Bernama Follow us on our official WhatsApp channel for breaking news alerts and key updates!

2026 Madani Budget to focus on 'floor and ceilings' reforms, says Anwar
2026 Madani Budget to focus on 'floor and ceilings' reforms, says Anwar

New Straits Times

timean hour ago

  • New Straits Times

2026 Madani Budget to focus on 'floor and ceilings' reforms, says Anwar

KUALA LUMPUR: The 2026 Madani Budget will focus on "floor and ceiling" issues across various sectors and segments, in line with the broader framework of the 13th Malaysia Plan (13MP) tabled last month. Prime Minister Datuk Seri Anwar Ibrahim said the emphasis was necessary as any focus on growth and investment without addressing the "floor" could lead to future problems. "I believe that if we talk about growth and investment without considering the floor, it will become a problem because the cost of goods is not decreasing. "Salaries must increase, even if only slightly. If they rise proportionately or more, it will not create the kind of pressure that some of our people currently feel due to the rising cost of living," he said during his closing remarks at the 2026 Budget Engagement Session held at the Finance Ministry today. Also present was Second Finance Minister Datuk Seri Amir Hamzah Azizan. The session was attended by around 300 representatives from the civil service, industry, chambers of commerce, technocrats, economists, academics, non-governmental organisations (NGOs), and international bodies. Earlier, in his speech, Amir Hamzah said the 2026 Budget would be the first to align with the goals of the 13MP. He said the budget, scheduled to be tabled on Oct 10, would focus on three main pillars — raising the ceiling, raising the floor, and strengthening good governance in public administration. Amir Hamzah added that in raising the ceiling, the government aims to enhance the country's competitiveness and support high-growth, high-value sectors, particularly the semiconductor industry, energy transition, and the Islamic economy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store