Workforce reforms, global trade tension, and consumer fears lead today’s economic stories across Asia.
🇲🇾 Malaysia
Malaysia Plans RM3,000 Starting Salary for TVET Graduates
- PM Anwar proposes new TVET Commission to strengthen skills-based education.
- Suggested RM3K salary for graduates with 98% employability rate.
- RM50 million in new allocations for entrepreneurship and development.
🌍 International
Japan, US Still at Odds Over Tariff Deal
- PM Ishiba says no timeline yet for an agreement with Trump.
- G7 summit seen as crucial moment to strike a deal.
- Tariff increase from 10% to 24% looms for Japanese goods by July 9.
🌏 Asia
Thai Consumer Confidence Hits 27-Month Low
- May’s consumer index drops to 54.2 amid economic worries.
- Failure to negotiate could trigger 36% US tariffs on Thai exports.
- Losses from tourism and trade estimated up to RM26 billion.
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