Infineon Technologies’ mega investment has not only positioned Malaysia as a global semiconductor manufacturing hub, but will also generate 1,500 high-income jobs for Malaysians, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Malaysia’s producer price index (PPI), which measures price changes at the producer level, went down further by 4.2% in June, after a 3.6% decline in the previous month, said the Department of Statistics Malaysia on Monday.
The Ministry of Investment, Trade and Industry (Miti) is considering incentives for investors that maximise the use of local ports, particularly in Penang and Kuala Perlis.
THE 25% tariff on Malaysian exports to the US has certainly given local furniture makers, who were already suffering from earnings contractions since the Covid-19 pandemic, the jitters. Industry players are crying foul over what has been described as an “abrupt and severe measure” by the Trump administration.
Investors are showing signs of pulling money out of government bonds and plowing it into US and European company debt.
China’s industrial earnings fell for a second straight month, with authorities set to intensify their drive to rein in excessive competition that’s dragging down prices and compounding the pain from US tariffs.
