Prime Minister Pham Minh Chinh held phone talks with his Thai counterpart Prayut Chan-o-cha on May 12, during which they agreed to coordinate closely in further developing the enhanced strategic partnership between the two countries.
MALAYSIA will further enhance its bilateral cooperation with Saudi Arabia and the United Arab Emirates (UAE) in a more comprehensive and strategic direction, and rebuild the confidence among the business community.
The Philippine and Malaysian economies continued contracting in the first three months of the year, adding to signs that some of Southeast Asia’s biggest nations are struggling amid a resurgence in coronavirus cases.
“The BOI’s activities are about much more than granting tax and non-tax incentives to attract investment. With the ongoing technology disruption and the highly uncertain world, Thailand needs to be resilient.
Cambodia and India have started talks on the possible establishment of a bilateral free trade agreement (FTA) as the two countries boost cooperation in all sectors, particularly trade.
The Securities and Exchange Commission Philippines (SEC Philippines) has been admitted as a new signatory to the Asean Collective Investment Schemes (CIS) Framework, which seeks to enhance capital market connectivity in the region.
As the EU secures trade deals with Southeast Asian nations, Malaysian industry groups are pushing to restart trade talks. Experts say a free trade agreement would boost post-pandemic recovery in both regions.
Italy’s Ambassador to Malaysia Cristiano Maggipinto is positive that bilateral trade between Italy and Malaysia will flourish this year despite the setbacks caused by the ongoing Covid-19 pandemic.