Archive for the ‘Malaysia’ Category

In a bid to enhance its position as a global manufacturing hub, Malaysia is actively pursuing foreign investments in high-value sectors like electric vehicles (EVs), semiconductors, and carbon capture, according to the country’s Trade and Investment Minister, Tengku Zafrul Aziz.   With a well-established reputation in manufacturing, Malaysia now seeks to ascend the value chain […]

Malaysia, News, Trade Agreements

October 20, 2023

At the ASEAN-GCC Summit held in Saudi Arabia, Malaysia’s Prime Minister, Anwar Ibrahim, unveiled a groundbreaking proposal for the creation of a free trade agreement (FTA) between the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC). This visionary agreement, if realized, would mark a historic first between ASEAN nations and the […]

Economic Development, Malaysia, News

August 22, 2023

KUALA LUMPUR — Following the conclusion of the second National Investment Council Meeting (NICM), the government has emphasized the pivotal role of Domestic Direct Investment (DDI) as a primary benchmark in determining the overall national investment strategy.   Prime Minister Datuk Seri Anwar Ibrahim highlighted the potential of strategic DDI to lure more Foreign Direct […]

The International Trade Council (ITC) recognizes the commencement of negotiations between Malaysia and the United Arab Emirates (UAE) for a Comprehensive Economic Partnership Agreement (CEPA). This decision underscores the UAE’s continued commitment to fostering robust bilateral trade relationships, a pursuit ongoing since 2021. The proposed agreement will encompass trade in goods and services, investments, and […]