Zhao accused her management made an unauthorised withdrawal of RM1.2mil from her personal studio's account.
PETALING JAYA: As Malaysia pledges to invest, including with purchases, over US$240bil in the United States to reduce its trade gap with Washington, economists and analysts generally think it is a necessary step that needs to be taken to secure a competitive tariff rate.
Nevertheless, it is telling that some of these deals, in theory at least, would go on past the tenure of Trump’s second term in the White House, which is scheduled to end in January 2029. She noted that securing a lower tariff rate could lead to cost savings and reduced tariff access for US suppliers would benefit both local firms and multinational corporations that source from the United States for domestic assembly, testing or manufacturing.
“If realised, these deals could turn Malaysia’s goods trade surplus with the United States into a deficit,” he cautioned. Citing the country’s balance of payments data, he reported that Malaysia’s direct investment abroad in 2024 totalled to around US$13.9bil. Liew said the latest round of tariff reductions placed Malaysia on more equal footing with regional neighbours by neutralising previous tariff advantages or disadvantages.
Head of dealing at Moomoo Malaysia Ken Low concurs with Liew, remarking that Malaysia’s “significant investment” could positively impact its economy by enhancing technological capabilities, driving industrial upgrading, creating new employment opportunities and attracting foreign investment through improved global market perceptions.
He commented that the number of planes to be bought by MAG is smaller than other countries, and it is not clear if the purchase is a normal replacement of the fleet, substitution of Boeing in place of Airbus, or an actual new net investment. Head of equity sales at Rakuten Trade Vincent Lau added that investors in the local bourse could also be cautious over US job prospects, which reports said were “weakening”, as well as dips in regional bourses over the past week.
Tariff Wars Tariffs Import Deal Investment
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bursa Malaysia records RM1.9 trillion in IPOs for 1H25SAMRAONG, Cambodia: Thailand and Cambodia clashed for a fourth day Sunday, (July 27) despite both sides saying they were ready to discuss a ceasefire after a late-night intervention by US President Donald Trump.
Read more »
Malaysia household debt at RM1.65 trillion in Q1 2025Malaysia’s household debt reached RM1.65 trillion (84.3% of GDP) in March 2025, but financial assets remain strong, says Deputy Finance Minister Lim H...
Read more »
Federal debt up RM50bil to RM1.3 trillion, says Deputy Finance MinisterThe same data networks that enable phone apps and web surfing help drones navigate, so officials are imposing daily, patchwork shutdowns. The actions can be very disruptive to daily life.
Read more »
Cambodia-Thailand conflict negotiation, govt debt in focus at Dewan Rakyat todayZhao accused her management made an unauthorised withdrawal of RM1.2mil from her personal studio's account.
Read more »
Bratty boy destroys RM178,000 Italian chandelierZhao accused her management made an unauthorised withdrawal of RM1.2mil from her personal studio's account.
Read more »
QuickCheck: Is it true that the first Fantastic Four movie was never released?Zhao accused her management made an unauthorised withdrawal of RM1.2mil from her personal studio's account.
Read more »