Asean–China economic ties through the lens of ACFTA
Against this backdrop, the recent US trade policy, involving increased tariffs on imports and targeted barriers against China, poses a dual threat to Asean. Firstly, it reduces Asean exports to the US. Secondly, it could exacerbate China's overcapacity, which potentially overflows to Asean markets.
Cancel anytime. Ad-free. Full access to Web and App.
RM 13.90/month
RM 9.73 /month
Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.
RM 12.39/month
RM 8.63 /month
Billed as RM 103.60 for the 1st year, RM 148 thereafter.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
3 hours ago
- New Straits Times
Bursa Malaysia among top 50 Asean PLCs, top five in Malaysia
KUALA LUMPUR: Bursa Malaysia Bhd has been recognised as one of the top 50 Asean Public Listed Companies (PLCs) and among the top five PLCs in Malaysia at the Asean Corporate Governance Awards held last night. In a statement, Bursa Malaysia chief executive officer Datuk Fad'l Mohamed said the recognition reflects the exchange's enduring leadership and commitment to upholding the highest standards of governance, transparency, and accountability. "Strong corporate governance is the bedrock of a resilient and trusted capital market. Bursa Malaysia actively champions governance excellence – both within the exchange and across our ecosystem – as a key foundation for investor confidence and sustainable economic growth," he said. Hosted by Malaysia's domestic ranking body, the Minority Shareholders Watch Group, the Asean Corporate Governance Awards recognise Asean PLCs that demonstrate excellence in governance based on the rigorous 2024 Asean Corporate Governance Scorecard (ACGS) Regional Assessment. The event was officiated by Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Tengku Abdul Aziz. Developed in collaboration with the Asian Development Bank, the ACGS is a regional initiative conducted biennially under the Asean Capital Markets Forum to assess, enhance, and promote corporate governance among PLCs across six participating Asean countries. It recognises top-performing PLCs with strong governance frameworks and practices aligned with international standards, focusing on transparency, accountability and board effectiveness, while contributing to the Asean region's growth and attractiveness to investors. — BERNAMA
Daily Express
4 hours ago
- Daily Express
Asean has differing net zero objectives
Published on: Friday, July 25, 2025 Published on: Fri, Jul 25, 2025 Text Size: According to Dr Zulfikar Yurnaidi, although Malaysia, Singapore, Brunei Darussalam, Cambodia and Vietnam have their Net Zero target by 2050, the Philippines has no specific Net Zero and Carbon Neutrality target. KUCHING: Asean Centre for Energy – Head of Energy Modelling and Policy Planning Department, Dr Zulfikar Yurnaidi said the 10 Asean countries have different Net Zero and Carbon Neutrality goals at the International Energy Week (IEW) 2025, held at the Borneo Convention Centre Kuching (BCCK) on July 15-17, 2025 dubbed 'Borneo's Biggest International Energy Expo & Summit'. Asean, as one of the region's most vulnerable to the impacts of climate change, is actively working to contribute to global commitments which are required to develop and implement Nationally Determined Contributions (NDCs). As Malaysia is the Asean chair this year, can Prime Minister Dato' Seri Anwar Ibrahim convince all the ten countries to make uniform their Net Zero and Carbon Neutrality goals. According to Dr Zulfikar Yurnaidi, although Malaysia, Singapore, Brunei Darussalam, Cambodia and Vietnam have their Net Zero target by 2050, the Philippines has no specific Net Zero and Carbon Neutrality target. Meanwhile, Indonesia has its Net Zero target by 2060 or sooner, Thailand has set its Carbon neutrality by 2050 and Net Zero target by 2065. Lao PDR has set its Net Zero target by 2050 conditionally, and Myanmar has determined its Net Zero target only from forestry and other land use by 2040. The data indicates that 77 per cent of Green House Gas (GHG) emissions in Asean are primarily generated from the energy, industrial processes, and land use, including land-use change and forestry. With the energy sector being the target contributor to CO2 emissions. The energy and climate sectors are inextricably linked and mutually dependent and integrating this energy-climate nexus is vital for enhancing long-term energy security, affordability, accessibility, and sustainability. Asean's pursuit of Net Zero is a crucial effort that will shape the region's future. In the short term, progress is likely to come from energy efficiency improvements, the adoption of renewable technologies, increased use of biofuels, methane abatement, and transitioning from more polluting fossil fuels to natural gas. 'When anything changes the amount of carbon in one reservoir, the effect ripples through the others.' Looking ahead, Asean has significant opportunities in carbon capture, utilisation, and storage (CCUS), further expansion of renewable energy, and deeper integration of biofuels. These strategies will be essential to achieving the net-zero goals of Asean countries. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
New Straits Times
5 hours ago
- New Straits Times
Malaysia's semiconductor play heats up as investor interest surges
KUALA LUMPUR: Malaysia's push to become a semiconductor powerhouse is gathering momentum, as its National Semiconductor Strategy (NSS) attracts investor interest, institutional backing and regional collaboration. With RM63 billion in committed investments, a growing base of local champions and closer Asean alignment, analysts said Malaysia is steadily positioning itself as a neutral yet indispensable node in the global semiconductor ecosystem. "We are encouraged to see that the NSS is gaining investor traction, institutional support and regional momentum," CIMB Securities said in a flash note. Launched in May 2024, the NSS aims to transform Malaysia from a "Made in Malaysia" base to a "Made by Malaysia" hub by deepening capabilities in integrated circuit (IC) design, research and design as well as advanced packaging. CIMB Securities said the strategy has drawn high-impact projects from global players such as Infineon, Carsem, NXP, Syntiant and Plexus. The research house said Malaysia also aims to develop 10 local semiconductor firms with revenues exceeding US$1 billion and 100 firms with revenues exceeding RM1 billion. "The government has identified 13 Malaysian-based companies across the semiconductor value chain as key beneficiaries, including Carsem (MPI), Inari Amertron Bhd, Pentamaster Corporation Bhd, ViTrox Corporation Bhd, and Kelington Group Bhd. "In addition, promising IC design and services firms like Oppstar Bhd, SkyeChip, Infinecs, and Experior are also being nurtured to spearhead Malaysia's next phase of semiconductor growth," it said. CIMB Securities said as Asean chair this year, Malaysia is also leading the charge on regional supply chain integration through the Asean Integrated Semiconductor Supply Chain Framework. "Malaysia's transition from a back-end assembly base to a design-to-packaging semiconductor hub remains a work in progress. "However, we are encouraged to see that the NSS is gaining investor traction, institutional support, and regional momentum," it said. Its top stock picks in the local outsourced semiconductor assembly and test (OSAT) space are Inari Amertron and Malaysian Pacific Industries Bhd, with ViTrox also cited for exposure to the automated test equipment segment.
