Malaysian SMEs urged to diversify amid US tariff challenges

Malaysian SMEs urged to diversify amid US tariff challenges

KUALA LUMPUR: Malaysian small and medium enterprises (SMEs) need to diversify their sources of raw materials and customer bases to mitigate supply chain risks, said Datuk William Ng, national president of the Small and Medium Enterprises Association of Malaysia (Samenta). © New Straits Times Press (M) Bhd

Use Asean Chair role to push back against US tariffs, urges Perdasama

PETALING JAYA: Malaysia should use its Asean Chair role to speak up against the newly imposed reciprocal tariffs by the United States, says the Malay Businessmen and Industrialists Association of Malaysia (Perdasama). Read full story

Buy Malaysian: Lock-in local

“WHY shouldn’t I? It’s flavourful, suited for local taste buds and relatively cheaper,” says 28-year-old Noraina Salam, an engineer from Shah Alam, when asked if she prefers local coffee over an imported brand. “While I will go for anything good, there are just some local brands I prioritise for things such as food, clothing and appliances. You know that chocolate wafer with the red wrapping? I like that one. “If imported goods are getting expen…

Malaysia to seek talks over US tariffs, rules out retaliation: trade ministry

Malaysia will seek diplomatic solutions, prioritising dialogue with the US authorities on its tariff policies, and will not consider retaliatory tariffs for now, the Ministry of Investment, Trade and Industry (MITI) said on Thursday (Apr 3).

Malaysia Dodges The Worst Of Trump's Trade Smackdown: Here's Why

Subscribe to our FREE Newsletter, or Telegram and WhatsApp channels for the latest stories and updates. United States President Donald J. Trump just dropped a trade bomb that’s sending shockwaves through global markets. It feels like a sequel nobody asked for but everyone saw coming. But Malaysia might have accidentally wound up in the better seats of this economic theatre. Let’s break it down: Starting on 5 April, the 47th president of the Unit…

New Trump tariffs loom over Malaysia

The country is included in a US trade representative’s report as one of many nations that practise ‘unfair’ trade rules.