Malaysia plans to invest as much as $150 billion over the next five years in equipment from US firms across the semiconductor, aerospace, and data center sectors as part of its trade deal with the US, Reuters reported Monday, citing Malaysia's Trade Minister Tengku Zafrul Aziz.
The announcement follows US decision to impose a 19% tariff on Malaysian goods starting Aug. 8, lower than the 25% originally proposed, the report said.
Malaysia's state energy company Petroliam Nasional Berhad will also buy $3.4 billion worth of US liquefied natural gas annually, while Malaysia commits $70 billion in cross-border investments to reduce the bilateral trade gap, the minister told parliament, according to Reuters.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。