Just about every major exporting economy was hit by U.S. President Donald Trump's "Liberation Day" tariffs in April. Malaysia was no exception, getting a 24% "reciprocal tariff" on its exports to the U.S. which, while perhaps not as catastrophic a level as some of its neighbors, still posed a significant threat to the Southeast Asian economy. Yet, Malaysia's government took a more measured response to new U.S. protectionism.
Foreign investors invested a record $311.1 billion in U.S. securities in May, reversing a $14.2 billion withdrawal in April, as tariff fears eased.
Invest-NL and Invest International are merging to form a National Promotional Institution, enhancing public investments and international cooperation for Dutch entrepreneurs.
The Barking and Dagenham Chamber of Commerce Business Awards recognized local businesses for their exceptional contributions, celebrating successes in a challenging economic climate.