Latest news with #AmericanMalaysianChamberof
The Sun
01-08-2025
- Business
- The Sun
New US-Malaysia tariff framework boosts trade and investment
KUALA LUMPUR: The American Malaysian Chamber of Commerce (Amcham Malaysia) has welcomed the new tariff framework as a positive move toward strengthening economic ties between the US and Malaysia. The updated rates are expected to enhance job creation, investment opportunities, and supply chain resilience for both nations. Datuk Siobhan Das, CEO of Amcham Malaysia, stated that the revised tariff structure provides businesses with a clear roadmap to expand strategic investments. 'This development supports innovation, strengthens supply chains, and fosters mutual prosperity,' she said. The chamber commended both governments for their efforts in finalizing the negotiations. 'Amcham Malaysia will continue collaborating with members, Malaysian authorities, and US partners to ensure a dynamic and future-ready trade relationship,' Das added. While acknowledging the progress, Das emphasized the need for sustained efforts to adapt to the evolving economic landscape. 'The real work begins now as we navigate this new phase and reinforce the strong bilateral ties that have benefited both countries for over six decades,' she noted. - Bernama
The Sun
11-06-2025
- Business
- The Sun
Tengku Zafrul to visit Washington June 18 for tariff talks
KUALA LUMPUR: Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will travel to Washington, United States (US), on June 18 to resume negotiations over tariffs imposed on Malaysian goods. Tengku Zafrul said he had briefed the cabinet earlier today on the upcoming visit. 'I will be going to the United States next week, and we will continue in-person negotiations. Previously, discussions were held online. I will meet with the US Trade Representative in Washington next week,' he told reporters after witnessing the signing ceremony of the DayOne Syndicated Financing and Corporate Renewable Energy Supply Scheme. He added that he is scheduled to meet US Trade Representative Jamieson Greer, as well as other officials from the US administration and investors. Tengku Zafrul will also take the opportunity to engage with several business chambers, companies, and interest groups, including the American Malaysian Chamber of Commerce (AMCHAM) and the US-ASEAN Business Council. Earlier, on April 24, Tengku Zafrul led a high-level delegation to Washington, where he held talks with US Commerce Secretary Howard Lutnick and Greer. During that meeting, Tengku Zafrul stressed the importance of sustained engagement and reiterated Malaysia's commitment to finding constructive solutions to the concerns raised by the US. Malaysia has expressed its readiness to negotiate in four key areas: narrowing the trade deficit, addressing non-tariff barriers, strengthening technology protection and security, and exploring the potential for a bilateral trade agreement. On April 2, US President Donald Trump announced tariff measures affecting around 60 countries, including a 24 per cent levy on most Malaysian goods. However, the tariffs have been temporarily suspended for 90 days for most countries to allow room for trade negotiations.
The Sun
11-06-2025
- Business
- The Sun
Tengku Zafrul to resume US tariff talks in Washington
KUALA LUMPUR: Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will travel to Washington, United States (US), on June 18 to resume negotiations over tariffs imposed on Malaysian goods. Tengku Zafrul said he had briefed the cabinet earlier today on the upcoming visit. 'I will be going to the United States next week, and we will continue in-person negotiations. Previously, discussions were held online. I will meet with the US Trade Representative in Washington next week,' he told reporters after witnessing the signing ceremony of the DayOne Syndicated Financing and Corporate Renewable Energy Supply Scheme. He added that he is scheduled to meet US Trade Representative Jamieson Greer, as well as other officials from the US administration and investors. Tengku Zafrul will also take the opportunity to engage with several business chambers, companies, and interest groups, including the American Malaysian Chamber of Commerce (AMCHAM) and the US-ASEAN Business Council. Earlier, on April 24, Tengku Zafrul led a high-level delegation to Washington, where he held talks with US Commerce Secretary Howard Lutnick and Greer. During that meeting, Tengku Zafrul stressed the importance of sustained engagement and reiterated Malaysia's commitment to finding constructive solutions to the concerns raised by the US. Malaysia has expressed its readiness to negotiate in four key areas: narrowing the trade deficit, addressing non-tariff barriers, strengthening technology protection and security, and exploring the potential for a bilateral trade agreement. On April 2, US President Donald Trump announced tariff measures affecting around 60 countries, including a 24 per cent levy on most Malaysian goods. However, the tariffs have been temporarily suspended for 90 days for most countries to allow room for trade negotiations.
The Star
11-06-2025
- Business
- The Star
Tengku Zafrul to visit Washington on June 18 for tariff talks
KUALA LUMPUR: Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will travel to Washington DC, United States, on June 18 to resume negotiations over tariffs imposed on Malaysian goods. Tengku Zafrul said he had briefed the cabinet earlier on Wednesday (June 11) on the upcoming visit. "I will be going to the United States next week and we will continue in-person negotiations. Previously, discussions were held online. I will meet with the US Trade Representative in Washington next week," he told reporters after witnessing the signing ceremony of the DayOne Syndicated Financing and Corporate Renewable Energy Supply Scheme. He added that he is scheduled to meet US Trade Representative Jamieson Greer, as well as other officials from the US administration and investors. Tengku Zafrul will also take the opportunity to engage with several business chambers, companies, and interest groups, including the American Malaysian Chamber of Commerce and the US-Asean Business Council. Earlier, on April 24, Tengku Zafrul led a high-level delegation to Washington, where he held talks with US Commerce Secretary Howard Lutnick and Greer. During that meeting, Tengku Zafrul stressed the importance of sustained engagement and reiterated Malaysia's commitment to finding constructive solutions to the concerns raised by the United States. Malaysia has expressed its readiness to negotiate in four key areas: narrowing the trade deficit, addressing non-tariff barriers, strengthening technology protection and security and exploring the potential for a bilateral trade agreement. On April 2, US President Donald Trump announced tariff measures affecting around 60 countries, including a 24% levy on most Malaysian goods. However, the tariffs have been temporarily suspended for 90 days for most countries to allow room for trade negotiations. – Bernama
New Straits Times
11-06-2025
- Business
- New Straits Times
Tengku Zafrul heads to Washington on June 18 for tariff talks
KUALA LUMPUR: Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will travel to Washington, United States (US), on June 18 to resume negotiations over tariffs imposed on Malaysian goods. Tengku Zafrul said he had briefed the cabinet earlier today on the upcoming visit. "I will be going to the United States next week, and we will continue in-person negotiations. Previously, discussions were held online. "I will meet with the US Trade Representative in Washington next week," he told reporters after witnessing the signing ceremony of the DayOne Syndicated Financing and Corporate Renewable Energy Supply Scheme. He added that he is scheduled to meet US Trade Representative Jamieson Greer, as well as other officials from the US administration and investors. Tengku Zafrul will also take the opportunity to engage with several business chambers, companies, and interest groups, including the American Malaysian Chamber of Commerce (Amcham) and the US-Asean Business Council. Earlier, on April 24, Tengku Zafrul led a high-level delegation to Washington, where he held talks with US Commerce Secretary Howard Lutnick and Greer. During that meeting, Tengku Zafrul stressed the importance of sustained engagement and reiterated Malaysia's commitment to finding constructive solutions to the concerns raised by the US. Malaysia has expressed its readiness to negotiate in four key areas: narrowing the trade deficit, addressing non-tariff barriers, strengthening technology protection and security, and exploring the potential for a bilateral trade agreement. On April 2, US President Donald Trump announced tariff measures affecting around 60 countries, including a 24 per cent levy on most Malaysian goods. However, the tariffs have been temporarily suspended for 90 days for most countries to allow room for trade negotiations.
