<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 15): The US International Trade Commission (USITC) has determined that there is a reasonable indication that an industry in the US is threatened by reason of imports of boltless steel shelving units prepackaged for sale from Malaysia, Taiwan, Thailand and Vietnam.</p></div>

<div class=newsTextDataWrapInner><p>Boltless steel shelving units that are prepackaged for sale are used for storage in homes, basements, garages, offices, and commercial and industrial operations.</p></div>

<div class=newsTextDataWrapInner><p>In a statement on Tuesday (May 14), the USITC said the products are allegedly sold in the US at less than fair value and are subsidised by the governments of Malaysia, Taiwan, Thailand and Vietnam.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>USITC chairman David S Johanson and commissioners Rhonda K Schmidtlein, Jason E Kearns and Amy A Karpel, voted in the affirmative.</p></div>

<div class=newsTextDataWrapInner><p>As a result of the commission’s affirmative determinations, the US Department of Commerce will continue its investigations on imports of boltless steel shelving units from Malaysia, Taiwan, Thailand and Vietnam.</p></div>


The US International Trade Commission (USITC) has determined that there is a reasonable indication that an industry in the US is threatened by reason of imports of boltless steel shelving units prepackaged for sale from Malaysia, Taiwan, Thailand and Vietnam.

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<p>EAGER to score political brownie points, several parliamentarians could not wait to get a word in edgewise as Finance Minister II Datuk Seri Amir Hamzah Azizan presented data and facts to back up Putrajaya’s decision to retarget diesel subsidies when the Dewan Rakyat reconvened last week.</p>

...

<p>Developed nations such as the US need to invest in countries with vast reserves of critical minerals to reduce supply chain risks as these commodities are “the new oil” driving geopolitics, according to Indonesia’s Deputy Foreign Minister Pahala Mansury.</p>


<p>Investment bank JPMorgan cut on Monday its forecast of the number of emerging market companies expected to default on their debt, following the biggest improvement in distressed-level market pricing since 2016.</p>


<p>Hungarian Prime Minister Viktor Orban met Chinese President Xi Jinping on Monday to discuss a potential Ukraine peace deal, paying the unexpected visit to Beijing days after his talks with Russia's Vladimir Putin angered some European Union leaders.</p>


<p>Indonesia's budget deficit this year is forecast to widen to 2.7% of gross domestic product on an estimated rise in spending due to the rupiah's depreciation and as tax revenue from the mining sector declines, its finance minister said on Monday.</p>


<p>The Edge Malaysia Best Managed &amp; Sustainable Property Awards (BMSPA) is the first of its kind, recognising real estate that is sustainable and managed with excellence.</p>

<p>The awards aim to raise the bar on property management practices and sustainable real estate in Malaysia by benchma...