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Economy 09 Mar 2018 | 6:20 AM

Japan-led Pacific Rim countries desperate to embrace Trump

KUALA LUMPUR: The grandiose sounding Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will be signed in Santiago de Chile today, 8 March.

Economy 04 Jan 2018 | 4:08 AM

Trade multilateralism set back yet again

SYDNEY and KUALA LUMPUR: As feared, the Eleventh Ministerial Conference (MC11) of the World Trade Organization (WTO) in Buenos Aires, Argentina, on December 10-13 2017, ended in failure. It failed to even produce the customary ministerial declaration reiterating the centrality of the global trading system and the importance of trade as a driver of development.

World 21 Dec 2016 | 6:12 AM

In Trump cabinet, Commerce Secretary will run trade policy

WEST PALM BEACH, Fla./WASHINGTON (Reuters) - U.S. President-elect Donald Trump plans to put his pick for Commerce Secretary, billionaire investor Wilbur Ross, in charge of his get-tough trade policy, a transition team spokesman said on Tuesday.

Nation 10 Nov 2016 | 12:00 AM

TPPA in danger of collapse after its biggest critic wins US presidency

KUALA LUMPUR: The Trans Pacific Partnership Agreement (TPPA) faces its biggest challenge with the election of its major critic Donald Trump as US president. The agreement will collapse without the participation of United States, said its prime mover in Malaysia, Datuk Seri Mustapa Mohamed.

Business 03 Nov 2016 | 11:14 PM

China trade deal worsens damage from TPP failure

WASHINGTON The Obama administration issued a fresh warning on Thursday about the dangers of Congress failing to pass its Asian trade deal, saying that millions of U.S. jobs could be at risk if a rival China-led trade pact is enacted.

Markets 30 Aug 2016 | 5:53 PM

Top US trade official to head to Europe to work on trade deal - White House

WASHINGTON: US Trade Representative Michael Froman will travel to Europe in mid-September to try to push forward a free trade pact with the EU that some European officials have said is all but dead, the White House said on Tuesday.

Business 07 Jul 2016 | 12:18 AM

Britain to join Trans-Pacific Partnership (TPP) after Brexit?

WASHINGTON: U.S. Trade Representative Michael Froman said on Wednesday that China's latest offer in bilateral investment talks is "a fair distance away from being acceptable," but warrants continued engagement with Beijing.

Business 07 Jun 2016 | 12:00 AM

Wahid talks about his three 'action-packed' years as Cabinet minister

PETALING JAYA: Tan Sri Abdul Wahid Omar (pic) describes his three years stint as a Cabinet minister as an “action packed” experience.

Nation 06 Jun 2016 | 2:32 PM

Wahid: GST among measures implemented to boost economy

KUALA LUMPUR: Fiscal consolidation efforts including subsidy rationalisation and implementation of the Goods and Services Tax (GST) are among important measures implemented by the government in strengthening the country's economy.