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Malaysia's trade minister said the U.S.-Malaysia Agreement on Reciprocal Trade is "no longer applicable" following the U.S. Supreme Court's Feb. 20 ruling striking down the International Emergency Economic Powers Act tariff mechanism central to the deal, Nikkei Asia reported on March 18.

Malaysia, U.S.: Kuala Lumpur Declares Trade Deal 'Null and Void'

Malaysia's High Court found former Prime Minister Najib Razak guilty on 21 counts of money laundering and four counts of abuse of power for his role in the 1MDB bribery and money laundering scandal, the New Straits Times reported on Dec. 26.

Malaysia: Najib's Second Conviction To Test Government Coalition

Cambodia

China

Laos

Myanmar

Thailand

Military & Security

Thailand's anti-corruption body publicly warned that Bangkok's crackdown on crime syndicates and money laundering networks is failing because political, bureaucratic and police elites are taking bribes and protecting criminal groups, The Straits Times reported on Nov. 20.

Southeast Asia: Entrenched Scam Syndicates Face More Raids, Though Leadership Remains Insulated

Philippines

The United States and the Philippines launched a new South China Sea-focused defense task force to coordinate planning, interoperability and joint operations under a broader two-year modernization plan covering advanced training, logistics and unmanned systems, Reuters reported Oct. 31.

U.S., Philippines, Malaysia: Washington Deepens Southeast Asia Defense Network

Brunei Darussalam

Timor-Leste

Indonesia

Singapore

Vietnam

China and the Association of Southeast Asian Nations signed the ASEAN-China Free Trade Area (CAFTA) 3.0 upgrade at the ASEAN leaders' summit in Kuala Lumpur, Malaysia, Channel News Asia reported on Oct. 28. 

China, ASEAN: Trade Pact Upgrade To Expand Bloc's Market Access

The United States and Malaysia signed a reciprocal trade pact that leaves in place Washington's 19% tariff rate on Malaysian goods but grants zero-tariff carveouts for more than 1,700 Malaysian export categories and "favorable consideration on semiconductors," while securing Malaysian commitments not to restrict exports of critical minerals (including rare earths) and magnets, The Straits Times reported on Oct. 26. 

U.S., Malaysia, Vietnam: Washington Secures Critical Minerals, Market Access

Malaysian Foreign Minister Mohamad Hasan visited Myanmar's capital, Naypyidaw, to meet junta chief Min Aung Hlaing and discuss Myanmar's preparations for its upcoming Dec. 28 election, Reuters reported on Oct. 9.

Malaysia, Myanmar: ASEAN Reengages as Junta Preps for December Election

U.S. President Donald Trump is pressing Malaysia, chair and host of the upcoming Association of Southeast Asian Nations' leaders summit on Oct. 26, to grant him a ceremonial Thailand-Cambodia peace signing, Politico reported on Oct. 7.

U.S., Malaysia: Trump Conditions ASEAN Summit Participation on Peace Ceremony

Assessments

A man fills up his truck at a Petroleum Sarawak Berhad (Petros) station in Kuching, Malaysia, on June 20, 2025.

Energy

While fuel subsidies have so far cushioned the impact, if the Iran-related energy disruptions persist, the government may have to sacrifice economic reforms to preserve political support before the next election.

Malaysia's Ballooning Fuel Subsidy Costs Will Test the Government's Reform Agenda

Philippine Foreign Minister Theresa Lazaro speaks at a press conference during a Southeast Asian Nations (ASEAN) meeting in Cebu City, the Philippines, on Jan. 29, 2026.

The coming year will test ASEAN's ability to maintain unity, manage crises and remain a credible regional forum amid rising internal security risks and a more fractured world order, particularly as the Philippines butts heads with China in the South China Sea.

Previewing the Philippines 2026 ASEAN Chairmanship

U.S. President Donald Trump (center) poses for a group photo with the leaders of (L-R) Singapore, East Timor, Vietnam, Cambodia, Malaysia, the Philippines, Brunei, Indonesia and Laos during the ASEAN leaders summit on Oct. 26, 2025. 

Global Trade

U.S.-China Relations

The summit highlighted the Southeast Asian bloc's attempts to boost internal unity and economic integration amid the U.S.-China rivalry, but it also exposed structural divides and external pressures that hinder unified action and leave ASEAN states vulnerable to coercion.

The Takeaways From the 2025 ASEAN Summit

The Geopolitics of Trade

The impending full implementation of sweeping U.S. tariffs threatens to significantly disrupt export-driven ASEAN economies, which is driving countries to seek alternative trade partners.

The Geopolitics of Trade: U.S. Tariffs Give Impetus to ASEAN Trade Diversification

Japan

The ASEAN logo May 15 in front of the Petronas Towers in Kuala Lumpur, Malaysia. Malaysia will host the first of the two annual summits of the Association of Southeast Asian Nations on May 26.

A look at what the coming week will bring -- and a list of recommended RANE articles from the week that was.

The Weekly Rundown: Trans-Atlantic Trade Talks Intensify, Malaysia Hosts Two Summits

Ecuador

Iran

Europe

Italy

Chinese President Xi Jinping attends the closing session of the National People's Congress (NPC) in Beijing, China, on March 11, 2025. 

U.S.-Iran Relations

The Weekly Rundown: Xi Tours Southeast Asia, Iran-U.S. Nuclear Talks Begin

The flags of the countries in the Association of Southeast Asian Nations, or ASEAN, are seen on display.

Malaysia's chairmanship will be pivotal in navigating security risks as well as those from U.S. trade restrictions, potential Chinese economic coercion, and supply chain realignments that threaten ASEAN's cohesion and strategic autonomy.

Previewing Malaysia's 2025 ASEAN Chairmanship

Malaysian Prime Minister Anwar Ibrahim and Japanese Prime Minister Shigeru Ishiba hold a joint press conference on Jan. 10, 2025.

Japan is intensifying its diplomatic and security engagement in Southeast Asia through defense, trade and infrastructure agreements to counterbalance China and enhance regional stability.

Ishiba Strengthens Japan's Role in Southeast Asia With Defense and Trade Deals

Columns

On Geopolitics

Asia-Pacific

Australia

South Korea

Taiwan

India

U.S. President Joe Biden gestures to reporters after landing on the South Lawn of the White House on Sept. 22, 2024, in Washington, D.C. 

Trump's more aggressive and transactional approach could deliver quick wins for the U.S.'s position in the region, though it could also strain ties with key partners. 

Trump's Asia-Pacific Approach Will Test Biden's Gains

Laos' Prime Minister Sonexay Siphandone (center) and other ASEAN leaders take part in the 2024 ASEAN summit in Vientiane on Oct. 9, 2024. 

The deals signed at the summit reflect an increasing focus on economic integration amid the Southeast Asian bloc's continued failure to find consensus on security issues.

Reviewing the 2024 ASEAN Summit

The flags of ASEAN members are displayed at a naval base during the ASEAN Solidarity Exercise in Batam, Natuna regency, Riau Islands province, Indonesia, on Sept. 20, 2023. 

ASEAN's economic and geopolitical diversity will impede significant progress toward deeper integration, despite members' intention to collaborate more closely.

Economic and Geopolitical Diversity Hinders ASEAN's Path to Deeper Integration

The main dome of the Malaysian prime minister's office in Putrajaya is seen on June 4, 2024. 

A bigger parliamentary majority will enhance the government's staying power, freeing it to more avidly pursue its plans to attract foreign investment, among other policy initiatives.

Political Stability Will Help Malaysia Hit Its Economic and Foreign Policy Goals

Malaysia straddles Southeast Asia's key geopolitical divide, between the mainland and the archipelago. Peninsular Malaysia occupies the southernmost tip of Southeast Asia's Malay Peninsula. East Malaysia, however, is on the island of Borneo, over 600 kilometers away across the South China Sea.       Peninsular Malaysia is defined by north-south mountain ranges flanked by coastal lowlands. The nation's core is its west coast from Penang to Johor Bahru, including the capital, Kuala Lumpur. This coastline fronts major east-west trade routes through the Malacca Strait, whose shores are divided between Malaysia, Indonesia and Singapore. Malaysia's primary geographic challenge is to secure this coastline in order to extract revenue from east-west trade. Today, Malaysia's substantial manufacturing center is concentrated in this core region. Johor Bahru also benefits from proximity to Singapore, which left Malaysia in 1965.        Malaysia's ethnic minority Indian and Chinese communities are also concentrated in the core, comprising 30 percent of the population. These groups wield outsized economic power and form the basis of the political opposition. Their population growth is slower than the ethnic Malay majority, creating an increasingly volatile political environment.      East Malaysia makes up 60 percent of the country’s landmass but has only 20 percent of the population. This sparse population is tipped toward the ethnic Malays and is growing in electoral significance. East Malaysia is playing a growing role in energy production — key to sustaining the country’s decades of steady economic growth.     Borneo also fronts the South China Sea, where Malaysia's maritime claims overlap with the claims of the Philippines, Brunei, Vietnam and China. As Borneo's offshore fields become more important to Malaysia, the nation's South China Sea claims could bring it into conflict.  

SITUATION REPORTS

Malaysia, U.S.: Kuala Lumpur Declares Trade Deal 'Null and Void'

Malaysia: Najib's Second Conviction To Test Government Coalition

Southeast Asia: Entrenched Scam Syndicates Face More Raids, Though Leadership Remains Insulated

U.S., Philippines, Malaysia: Washington Deepens Southeast Asia Defense Network

China, ASEAN: Trade Pact Upgrade To Expand Bloc's Market Access

U.S., Malaysia, Vietnam: Washington Secures Critical Minerals, Market Access

Malaysia, Myanmar: ASEAN Reengages as Junta Preps for December Election

U.S., Malaysia: Trump Conditions ASEAN Summit Participation on Peace Ceremony

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