Malaysian Prime Minister Anwar Ibrahim has stressed that ASEAN countries must come together to reach an agreement on the tariffs imposed by the US to provide a strong foundation for future negotiations.
In a meeting on April 7, he urged members of the Association of Southeast Asian Nations (ASEAN) not to underestimate the issue, particularly amid the current global economic and political uncertainties.
Anwar described the US method for determining the tariffs as flawed and based on weak grounds.
However, he emphasised that Malaysia has opted for a moderate approach, as there remains room for discussions and the need to address certain exceptions in detail.
Anwar highlighted the strength of ASEAN as a bloc with a population of 640 million and an economy among the world’s top, noting the region’s growth and stability.
He stressed the importance of ASEAN presenting a unified stance to strengthen the foundation for the upcoming talks, and revealed that he had already discussed the issue with his ASEAN counterparts.
The new US tariffs, announced by President Trump on April 2, have significantly impacted several ASEAN countries, with Cambodia, Laos, and Vietnam being the hardest hit./.
VNA
The Indonesian central bank said in a statement that the intervention will come in the spot and non-deliverable forward markets, as well as in secondary bond markets, adding that it had already intervened offshore in Asia, European and New York markets.
Passenger services along the Yangon-Mandalay line resumed on the morning of April 5 while Mandalay International Airport has been reopened since April 4.
When exports of goods are subject to high tariffs, Indonesia must look to other sectors that can serve as a balance for its economy.
Vietnamese National Assembly Chairman Tran Thanh Man emphasised that no country or society can achieve sustainable development without placing people at the centre of all policies.
Thailand will request that the US grant promotional privileges for Thai investors and fewer obstacles to Thai exports.
The DOH said tobacco use is a major risk factor for cardiovascular and respiratory diseases. Globally, the World Health Organisation (WHO) estimates over 8 million annual deaths attributable to tobacco.
Thailand also proposed establishing a BIMSTEC business advisory council to enhance the role of small and medium-sized enterprises (SMEs) in the region’s future growth.
In a letter sent to US President Donald Trump, Cambodian Prime Minister Hun Manet requested negotiations after the US imposed a 49% tariff on products from Cambodia, urging Trump to postpone the tariff implementation.
Thailand’s 5% broken rice fell to 395-400 USD per tonne, its lowest since January 2022.
The Association of Southeast Asian Nations (ASEAN) leaders will also meet to discuss the member states’ solutions to address and mitigate potential disruptions to regional trade, supply chain networks, and cross-border investments, the MITI said.
Abdullah asserted that economic policies should support universal economic interests rather than serve as tools for superpowers to gain unilateral advantages - a practice he believes could lead to global economic depression.
The 7.7-magnitude earthquake, which struck Myanmar on March 28, also caused significant damage to the country’s critical infrastructure, including underground oil pipelines and the electricity system.
The official indicated that the exports of locally-harvested organic rice generally grew by 32% in 2024, but particularly expanding as high as 72.1% for its fragrant strain, or Hom Mali, followed by 23.1%, 3.3% and 1.5% for its brown, white and broken grains respectively.
All areas in the city are no longer disaster zones, except for the area around the construction site of the new State Audit Office (SAO) building on Kamphaeng Phet 2 Road, Chatuchak district, the statement said.
In 2024, trade between Thailand and Bhutan reached over 460 million THB (13.3 million USD), with Thailand exporting goods worth 457 million THB to Bhutan and importing goods worth 3.47 million THB from this market..
Second Finance Minister Amir Hamzah Azizan told the press that Malaysia has focused on three priority economic deliverables (PED) under the financial track, namely sustainable financing, digital economy, and inclusive development.
Chinese authorities will also increase the number of inspection laboratories from three to five, adding more officials to streamline the process at this checkpoint, Napintorn said.
The search has been suspended due to poor weather conditions and is expected to resume at the end of this year.
Emphasising the growing importance of technologies like artificial intelligence (AI), he stressed the need for Laos to embrace this digital revolution to enhance its development.
Thailand is on the list of 15 countries that could be affected by Trump’s tariff policy. The average US tariff on Thai imports is 2% while Thailand levies an average tariff of 8% on US products
