logo
Moomoo Malaysia: Easing of US-China trade war opens up temporary window of opportunity

Moomoo Malaysia: Easing of US-China trade war opens up temporary window of opportunity

Borneo Post13-05-2025
The US and China have agreed to scale back tariffs and initiate a 90-day pause in additional duties. – Bernama photo
KUALA LUMPUR (May 13): Investors should view the easing of trade tensions between the United States and China as a temporary respite rather than a resolution, said digital investment firm Moomoo Malaysia.
Head of dealing, Ken Low, said portfolio strategies should remain balanced and selective, with a focus on fundamentally strong companies and diversified exposures.
'For Malaysia, an export-oriented economy, the temporary 90-day tariff pause presents a near-term boost for key sectors such as electronics, palm oil, and manufacturing – segments that have been under pressure from global supply chain disruptions and weaker external demand,' he said in a statement today.
The US and China have agreed to scale back tariffs and initiate a 90-day pause in additional duties. The US will lower its tariffs on Chinese imports to 30 per cent from 145 per cent, while China will reduce its tariffs on US goods to 10 per cent from 125 per cent.
Low said for Malaysian markets, this development offers a reprieve from the prolonged uncertainty that has weighed on investor sentiment since the start of 2025.
'The truce, which includes the rollback of tariffs on hundreds of products, is widely seen as a step toward stabilising supply chains and improving cross-border trade flows. However, gold prices experienced a steep decline, with spot gold falling over three per cent on May 12 – the sharpest drop since April,' he noted.
He said the gold selloff reflects a broader shift in market sentiment, as investors pull back from safe-haven assets in favour of riskier positions, driven by renewed optimism in equity markets.
'The recent sharp decline in gold prices serves as a cautionary reminder of how quickly market sentiment can shift. While gold's drop may reduce its immediate appeal, it still plays a valuable role as a hedge, particularly if trade talks stall or volatility returns,' he added. – Bernama lead Moomoo Malaysia tariffs trade war
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US tariff cut to ease pressure on Malaysia's high-tech exporters
US tariff cut to ease pressure on Malaysia's high-tech exporters

New Straits Times

time30 minutes ago

  • New Straits Times

US tariff cut to ease pressure on Malaysia's high-tech exporters

KUALA LUMPUR: The reduction of the tariff imposed by the United States on Malaysian exports from 25 to 19 per cent was made possible following months of negotiations, says Prime Minister Datuk Seri Anwar Ibrahim. He said the previous rate had posed economic concerns, particularly for Malaysia's semiconductor and electrical and electronics (E&E) sectors, which are key contributors to exports. "We negotiated for months because the 25 per cent tariff was too high. Alhamdulillah, it has now been reduced to 19 per cent. "If it had remained at 25 per cent, it would have badly affected our economy, as Malaysia is a hub for semiconductors and E&E in Asia," he said.

13MP: Pan Borneo, SSLR, Trans Borneo Highway completion top priority, says Works Minister
13MP: Pan Borneo, SSLR, Trans Borneo Highway completion top priority, says Works Minister

Borneo Post

time30 minutes ago

  • Borneo Post

13MP: Pan Borneo, SSLR, Trans Borneo Highway completion top priority, says Works Minister

In a statement today, Nanta says this aligns with the federal government's push for equitable development across all regions. – Bernama photo KUCHING (Aug 2): The Works Ministry is prioritising the completion of the Pan Borneo Highway, Sarawak–Sabah Link Road (SSLR), and Trans Borneo Highway as key infrastructure projects under the 13th Malaysia Plan (13MP), assures Minister Datuk Seri Alexander Nanta Linggi. In a statement today, Nanta said this aligns with the federal government's push for equitable development across all regions. 'The ministry is committed to completing the Pan Borneo Highway Project in Sabah and Sarawak within the 13MP period, in addition to continuing the construction of the Sarawak-Sabah Link Road (SSLR) and the Trans Borneo Highway as the main drivers of Borneo integration,' he said in response to the 13MP tabled by Prime Minister Datuk Seri Anwar Ibrahim at the Parliament on July 31. The SSLR will provide a direct land connection between Sarawak and Sabah without passing through Brunei, while the Trans Borneo Highway will link Malaysia to Kalimantan, boosting cross-border trade and tourism. Nanta also revealed plans to expand rural road networks nationwide, targeting 2,800km of roads by 2030 – up from 2,436km in 2024. These include road upgrades in Felda and Felcra settlements, along with improvements in drainage, utilities, and other rural infrastructure. In Peninsular Malaysia, the ministry will continue upgrading the North–South Expressway (PLUS), including widening sections from Juru to Sungai Dua in Penang, and from Senai Utara to Machap in Johor, to support the Northern and Southern Corridors. Nanta added that completing the Lingkaran Tengah Utama (LTU) from Bentong to Kuala Krai remains a priority to drive development in the East Coast. To strengthen border connectivity, the ministry will upgrade the Rantau Panjang–Sungai Golok Bridge linking Kelantan and Thailand, and the Kalabakan–Simanggaris route connecting Sabah with Indonesia, he added. Nanta said the Works Ministry is embracing modern construction technologies such as Building Information Modelling (BIM) and the Industrialised Building System (IBS) to boost project efficiency, quality, and cost-effectiveness. Road safety will also be enhanced through smart infrastructure solutions, he said, including traffic lights, street lighting, and speed monitoring systems. In line with Malaysia's target of achieving net zero carbon emissions by 2050, Nanta said his ministry will promote the use of eco-friendly building materials and low-carbon infrastructure solutions. 'The 13MP is not just about building roads, bridges and buildings. It is actually building the people's hope and confidence in the country's future. 'This is infrastructure for all that is fair, equitable and brings long-term benefits to all Malaysians, both in urban and rural areas,' he said. alexander nanta linggi Pan Borneo SSLR trans borneo highway

Legoland Malaysia's new Miniland Singapore drops just in time for Visit Johor Year 2026 (VIDEO)
Legoland Malaysia's new Miniland Singapore drops just in time for Visit Johor Year 2026 (VIDEO)

Malay Mail

time30 minutes ago

  • Malay Mail

Legoland Malaysia's new Miniland Singapore drops just in time for Visit Johor Year 2026 (VIDEO)

ISKANDAR PUTERI, Aug 2 — Legoland Malaysia is positioning itself to benefit from growing cross-border activity within the Johor–Singapore Special Economic Zone (JS-SEZ) alongside increasing tourism initiatives ahead of the Visit Johor Year 2026 (VJY 2026) campaign. Legoland Malaysia Resort vice-president CS Lim said the rising prominence of the JS-SEZ as an economic gateway between Johor and Singapore presents Legoland Malaysia with new growth opportunities to attract more tourists in the coming years. 'If this initiative grows and more companies set up or relocate here, it will naturally bring more people to the area. 'When that happens, we can expect more visitors coming to explore the surroundings, including Legoland Malaysia,' he told Bernama after officiating the new Miniland Singapore here on Friday. The event was jointly officiated by Singapore's Ministry of Foreign Affairs vice-consul Lim En Wei and Johor Tourism, Arts and Culture Ministry (MOTAC) director Nurazlin Abu Talib. First introduced in 2012, Legoland Malaysia's Miniland Singapore has been reimagined in celebration of Singapore's 60th anniversary. The refreshed attraction features 16 impressive new models built from over 1.5 million Lego bricks. Highlights include iconic landmarks such as the Marina Bay Sands, the Singapore Flyer, the Merlion Fountain, as well as the Cloud Forest and Flower Dome. Meanwhile, Lim said Legoland Malaysia has continued to reinvest in facilities and attractions to enhance visitor experience and stay competitive in the evolving tourism landscape. He said Legoland's role in drawing domestic and international visitors is expected to further support economic activity in Johor. He added that the company has seen a steady increase in visitors over the years, buoyed by strong demand from its resident market, namely Malaysia and Singapore, which account for about 60 per cent of total visitors. Gardens by the Bay's Cloud Forest and Flower Dome recreated with Lego bricks. — Picture courtesy of Legoland Malaysia The remaining 40 per cent comprises tourists from Indonesia, China, the Philippines, Australia and South Korea, among others. Lim said Legoland Malaysia remains upbeat about its outlook for the second half of the year and into next year, which will see both VJY 2026 and Visit Malaysia 2026 campaigns running concurrently. 'We're already making preparations, including fine-tuning our queuing and ordering systems, and we are also making sure that we have sufficient technical expertise at hand,' he added. — Bernama

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store