Malaysia Proposes RM3K TVET Salary, Japan-US Tariff Talks Stall, Thai Confidence Drops

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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