India’s government was angered after Dr Mahathir alleged last month at the UN that India had 'invaded and occupied' Jammu and Kashmir and asked New Delhi to work with Pakistan to resolve the issue.
Bank Negara Malaysia says the reserves are enough to finance retained imports for 7.6 months
After report of slump in capital imports, lecturer warns that households and businesses could tighten their wallets.
The waning demand for capital goods suggests the nation’s economic growth will cool in the months ahead.
This follows complaint from a Mumbai-based trade body that rising shipments of refined palm oil have hit local refiners.
Indonesia's agriculture ministry sees the harvest failing in more areas than the 20,000 hectares already reported.
The healthier estimated export growth of 4% in May is partly due to the frontloading of shipments ahead of the Hari Raya festive holidays in June.
The former finance minister takes a swipe at his successor for claiming the positive export growth is an early sign of a robust second-quarter GDP growth.
He says the Sarawak Veterinary Services Department has issued a circular prohibiting such imports but state government is ignoring it.
Hoo Ke Ping says it is unlikely that the 9.4% fall in imports in February was due to the midweek Chinese New Year celebrations.
The international reserves as at March 15 are up from US$102.4 billion as at Feb 28.
As Europe is becoming more advanced, manufacturing industries in Europe must adapt to the changing economy.
Alibaba Group Holding is eyeing more Hollywood movies after the success of 'Green Book' at the Oscars and also expects more US exports into China.
Donald Trump is taking a jive with trade tariffs as he has repeatedly touted the tariffs imposed last year, most notably on US$250 billion in annual imports from China.
The effort is also part of a strategy to stop Trump from slapping damaging duties on car imports from Europe, a danger that has especially unnerved Berlin.
India's palm oil imports rose 17.3% in December even before announcement of cut in duty on Dec 31.
Officials in Beijing said the price of US rice is not competitive, that permitting imports should be interpreted as a goodwill gesture.
The 25% tariff imposed on vehicles as a tit-for-tat measure will be scrapped starting Jan 1.
A push by companies in the US and China for import substitution towards the rest of Asia is expected to benefit Malaysia in particular.
Deals for intelligence and high-end equipment were set to total US$16.46 billion while those for consumer electronics and home appliances were around US$4.33 billion.
Singapore has already seen exports ease this year.
The trade surplus in September jumped to RM15.3 billion, the biggest trade surplus recorded since October 2008.
With rising wages and low unemployment, Americans purchased more foreign-made telecommunications equipment, computers, mobile phones, aircraft engines, clothing and toys.
The world’s second largest economy halted purchases of US crude in August for the first time since September 2016.