
Netty Ismail
Journalist at Bloomberg L.P.
Journalist @business, Tweets are not endorsements and opinions are my own. Stories I write: https://t.co/BtLwqdm8Yq
Articles
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1 week ago |
bloomberg.com | Ram Anand |Netty Ismail
The Malaysian currency is the biggest gainer after its Taiwanese counterpart this month. Photographer: Brent Lewin/Bloomberg(Bloomberg) -- The ringgit’s recent rally will have little impact on Malaysia’s exports as companies scramble to front-load shipments ahead of President Donald Trump’s tariff hikes, according to a minister.
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2 weeks ago |
news.bloomberglaw.com | Netty Ismail
Malaysia is delaying a planned expansion of its sales and service tax, providing a temporary reprieve for manufacturers bracing for higher US tariffs. The planned widening of the tax base, originally due on May 1, will be implemented at a later date, a spokesperson from the Ministry of Finance said in a text message, confirming a report by the Edge Malaysia.
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2 weeks ago |
bloomberg.com | Netty Ismail
(Bloomberg) -- Malaysia is delaying a planned expansion of its sales and service tax, providing a temporary reprieve for manufacturers bracing for higher US tariffs. The planned widening of the tax base, originally due on May 1, will be implemented at a later date, a spokesperson from the Ministry of Finance said in a text message. Manufacturers have been urging the government to refrain from adding to their tax burdens this year after the US threatened a 24% tariff on the Southeast Asian country.
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2 weeks ago |
news.bloombergtax.com | Netty Ismail
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2 weeks ago |
bloomberg.com | Katia Dmitrieva |Netty Ismail
Amir Hamzah Azizan(Bloomberg) -- Malaysia is revising down its growth outlook as tariffs weigh on the economy, while seeking a “fair” deal in trade talks that kicked off with US officials this week, according to a top official. The government is currently reviewing its official growth projection of 4.5% to 5.5% for 2025 after the US imposed levies earlier this month, creating uncertainty for investment and trade, said Malaysia Second Finance Minister Amir Hamzah Azizan.
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Malaysia's central bank said it will be ready to smooth any excessive volatility in the ringgit https://t.co/9KOYqqUUix via @economics #myr

Jailed former Malaysian premier Najib Razak apologized for the 1MDB scandal but denied that he siphoned money from the troubled fund https://t.co/ZPCSMDz0bO via @bpolitics

Malaysia is on track for faster economic growth, a narrower fiscal gap and steady prices, setting the stage for sustained currency strength and increased investment, Second Finance Minister Amir Hamzah Azizan said https://t.co/MRERsPOBFO via @economics