Probe of 'stolen' Osaka Pavilion design: 8 weeks and counting
COMMENT
| On April 23, the Investment, Trade, and Industry Ministry announced an investigation into a company's allegation that it was not paid for creative works provided to the ministry for an ongoing expo in Osaka, Japan.
In a statement, the ministry said it takes the matter seriously and is gathering all facts regarding the allegation, which has gone viral on social media.
'The ministry takes note of the allegation about the Malaysia World Expo concept creation that has been circulating on social media and reported by the press.
'The ministry is undertaking a...
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malay Mail
16 minutes ago
- Malay Mail
South Korea to raise concerns to US over potential curbs on chipmakers' China operations
SEOUL, June 22 — South Korea's top trade negotiator said today he would raise concerns about potential US restrictions on chipmakers in China when he meets US officials in Washington this week for the third round of technical discussions in tariff talks. 'I will pass on the concerns among those in the industry and take utmost care,' South Korean Trade Minister Yeo Han-koo told reporters before leaving for Washington, when asked to comment about concerns the US may adopt policies to make it difficult for foreign chipmakers to operate in China. Yeo also said Seoul may not stick to the July deadline, suggesting talks may continue beyond July 8 amid political and economic uncertainties in the US. South Korea, currently subject to a blanket 10 per cent tariff with a 25 per cent country-specific duty on pause for 90 days, agreed with the US in their opening round of trade talks in late April to craft a trade deal reducing tariffs by July 8. Yeo was appointed to the role this month by President Lee Jae-myung, who won a snap election on June 3 and said during his campaign that there was no need to rush into a trade agreement with the United States. Today, Yeo added he would reach out to officials at the White House and the US Congress to discuss various trade issues, including Washington's request for South Korea to loosen rules on imports of US beef. — Reuters
New Straits Times
19 minutes ago
- New Straits Times
Trade talks 'progress well', Malaysia and US aim to finalise before 90-day deadline
KUALA LUMPUR: Malaysia says its trade talks with the US in Washington DC are progressing well, about two weeks before the 90-day pause of the latter's unilateral tariff implementation expires. Malaysia said both parties had agreed to intensify efforts toward a mutually acceptable outcome for key stakeholders in the two countries. The country faces a 24 per cent tariff on certain exports to the US unless both sides reach an agreement before the 90-day pause ends on July 8. Investment, Trade and Industry Ministry today said its separate meetings with US Trade Representative ambassador Jamieson Greer and US Secretary of Commerce Howard Lutnick had made positive progress. "The Malaysian delegation led by Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz ensured that the meetings with the US Trade Representative and the US Secretary of Commerce was also optimised as a platform to enhance bilateral investment and trade ties between Malaysia and the US. "These will also form part of the expected outcome of the negotiations, which the ministry hopes will be finalised before the end of the 90-day pause on tariff implementation," it said in a statement. Tengku Zafrul, who led a working visit to Washington DC on June 18, said the negotiations are expected to boost Malaysia's supply chain resilience. He added that the outcomes could benefit local small and medium enterprises (SMEs) and generate more high-paying jobs for Malaysians. "All these will further strengthen Malaysia's position as a choice investment destination in the region, while driving the Madani economic transformation agenda towards a high-tech and higher-income nation," he added. Tengku Zafrul said Malaysia's exports to the US recorded their eighth straight month of double-digit growth in May 2025, with the US remaining one of the country's top three export destinations over the past decade. He noted that a significant portion of these exports supports US domestic industries, particularly in sectors like electrical and electronics, semiconductors, medical devices, machinery, equipment and components. "Malaysia has also been an important source of intermediate goods to US-based manufacturing industries. "The ministry has also remained steadfast in doing its utmost to uphold Malaysia's interests in all trade and investment relations with all trading partners, particularly in maintaining the integrity of Malaysia's domestic commitments and its sovereign rights," he said.
New Straits Times
an hour ago
- New Straits Times
Trade talks 'progressing well', Malaysia and US aim to finalise by 90-day deadline
KUALA LUMPUR: Malaysia and the United States are aiming to finalise tariff negotiations before the 90-day pause on implementation expires, with both parties agreeing to intensify efforts toward a mutually acceptable outcome for key stakeholders in both countries. Investment, Trade and Industry Ministry today said its separate meetings with US Trade Representative ambassador Jamieson Greer and US Secretary of Commerce Howard Lutnick had made positive progress. "The Malaysian delegation led by Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz ensured that the meetings with the US Trade Representative and the US Secretary of Commerce was also optimised as a platform to enhance bilateral investment and trade ties between Malaysia and the US, while also. "These will also form part of the expected outcome of the negotiations, which Miti hopes will be finalised before the end of the 90-day pause on tariff implementation," it said in a statement. Tengku Zafrul, who led a working visit to Washington DC on June 18, said the negotiations are expected to boost Malaysia's supply chain resilience. He added that the outcomes could benefit local small and medium enterprises (SMEs) and generate more high-paying jobs for Malaysians. "All these will further strengthen Malaysia's position as a choice investment destination in the region, while driving the Madani economic transformation agenda towards a high-tech and higher-income nation," he added. Tengku Zafrul said Malaysia's exports to the US recorded their eighth straight month of double-digit growth in May 2025, with the US remaining one of the country's top three export destinations over the past decade. He noted that a significant portion of these exports supports US domestic industries, particularly in sectors like electrical and electronics (E&E), semiconductors, medical devices, machinery, equipment, and components. "Malaysia has also been an important source of intermediate goods to US-based manufacturing industries. "The ministry has also remained steadfast in doing its utmost to uphold Malaysia's interests in all trade and investment relations with all trading partners, particularly in maintaining the integrity of Malaysia's domestic commitments and its sovereign rights," he said.
