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Meanwhile, conglomerate YTL Corp confirmed a NZ$160 million (RM388mil) acquisition of the 225-room Hotel Indigo in Auckland through its hospitality arm YTL Hotels.
The deal marks the group’s first hotel investment in New Zealand and represents the second-largest hotel transaction in the country this year.
KUALA LUMPUR: The United States’ tariff rate on Malaysia remains at 19% with exemptions given to 1,711 tariff lines, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
He said this after Malaysia and the United States inked the Agreement on Reciprocal Trade on Sunday(Oct 25).

“The exemption is given to some of Malaysia’s key exports such as palm oil, rubber products, cocoa, aircraft components and spare parts as well as pharmaceuticals, which collectively contribute up to US$5.2bil or 12% of total exports,” he told a press conference.
There are no changes to our earlier commitment to the US. In fact, the US has given better access than what was offered before,” he said.
He also assured that the two countries would not sign something that would affect national sovereignty.
The agreement was signed by US President Donald Trump and Prime Minister Datuk Seri Anwar Ibrahim at the sidelines of the 47th Asean Summit and Related Summits.
KUALA LUMPUR: The United States’ tariff rate on Malaysia remains at 19% with exemptions given to 1,711 tariff lines, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
He said this after Malaysia and the United States inked the Agreement on Reciprocal Trade on Sunday(Oct 25).

“The exemption is given to some of Malaysia’s key exports such as palm oil, rubber products, cocoa, aircraft components and spare parts as well as pharmaceuticals, which collectively contribute up to US$5.2bil or 12% of total exports,” he told a press conference.
There are no changes to our earlier commitment to the US. In fact, the US has given better access than what was offered before,” he said.
He also assured that the two countries would not sign something that would affect national sovereignty.
The agreement was signed by US President Donald Trump and Prime Minister Datuk Seri Anwar Ibrahim at the sidelines of the 47th Asean Summit and Related Summits
Ecoworld International 退场， sp setia 即将脱售battersea power station.....YTL 却不一样的进场UK........
YTL Corp's RM37bil Brabazon project named among UK's next-gen new towns ?? ?? ?️
YTL Corp Bhd is making headlines in the United Kingdom (UK), with its flagship Brabazon development in Bristol named one of 12 sites chosen for the UK government's New Towns Taskforce ??? – a vision to build the next generation of modern, sustainable communities.
Brabazon is the UK's largest privately funded, single-developer brownfield project.
Located on a 153.8-hectare (ha) site at the former Filton Airfield in North Bristol, which YTL acquired from BAE Systems in 2015, the project is being developed by YTL UK Group.
--RM 43 BILLION TNB MARKET--
In a research note, CGS International Securities Malaysia Sdn Bhd said the CAGR was driven by the RM43 billion allowed capital expenditure (capex), nearly twice the average spent over the past three RPs. https://www.thestar.com.my/business/business-news
KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) share price climbed in early trade on Friday amid expectations that its regulated asset base will expand at an 11 per cent compound annual growth rate (CAGR) during the 2025-2027 regulatory period (RP4).
In a research note, CGS International Securities Malaysia Sdn Bhd said the CAGR was driven by the RM43 billion allowed capital expenditure (capex), nearly twice the average spent over the past three RPs. https://www.thestar.com.my/business/business-news
