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High Drama and Big Impact: Trump’s Bold Tariff Plans and What to Expect

Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
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Malaysian Telecom Firm OMS to Revisit IPO Plans After KKR Investment

OMS Group, a Malaysian telecom infrastructure and subsea cable services company, is considering revisiting its initial public offering (IPO) plans within the next few years, according to its deputy CEO, Richard Sun. While no specific timeline or venue has been set, Sun mentioned that Malaysia remains a potential option for the listing.

The company's IPO plans were initially shelved last year after KKR, a global investment firm, invested $400 million (RM1.65 billion) in OMS as part of its expansion into digital infrastructure in Southeast Asia. The capital infusion helped OMS focus on its growth strategy, including securing $292.5 million in loans in June to expand its fleet and infrastructure.

OMS is also expanding its interconnect managed services (IMS), which include cable landing stations and subsea cable routes across Malaysia, Singapore, Indonesia, and Thailand. The company aims to expand into Vietnam and the Philippines and is positioning itself as a one-stop shop for connectivity in Southeast Asia. OMS expects the IMS business to significantly contribute to its revenue over the next five years.


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