World

Malaysia signs 35 defense deals at LIMA 2017

Malaysia’s Defense Ministry has signed a total of 35 agreements valued at 3.8 billion RM (860 million USD) at the 14th Langkawi International Maritime and Aerospace (LIMA) exhibition 2017.
Malaysia signs 35 defense deals at LIMA 2017 ảnh 1Illustrative image (Source: thestar.com)
Kuala Lumpur (VNA) – Malaysia’s Defense Ministry has signed a totalof 35 agreements valued at 3.8 billion RM (860 million USD) at the 14thLangkawi International Maritime and Aerospace (LIMA) exhibition 2017.

They include 12 Memoranda of Understanding, seven Letters of Agreement, fiveLetters of Intent, and 11 contracts.

Defense Minister Hishammuddin Hussein said the value of the agreementsincreased by 81 percent from 2.04 billion RM in 2015 to 3.8 billion RM.

Despite the economic uncertainties and budget constraints, Malaysia is stillable to increase the value of signed contracts and agreements, he added.

The achievement is a testament to the success of the Defense Ministry incooperating with foreign partners, he said, adding that modernising theMalaysian armed forces in the context of global economic challenges remains atop priority of the Defense Ministry and Government.

The participating companies include Boustead Naval Shipyard, Seicom System SdnBhd, Aerospace Technology System Corp Sdn Bhd, Europrop International, GmbH,Pilatus Aircraft Limited, Airbus Military Sociedad Limitada, Airod Sdn Bhd, andDestin Prima Sdn Bhd.-VNA
VNA
#Defense Ministry #agreements #LIMA Malaysia
Follow VietnamPlus

Related News

Malaysia arrests seven suspects for links to IS

Malaysia arrests seven suspects for links to IS

Malaysia police said on March 13 they arrested 7 people for suspected links to the Islamic State (IS) militant group during a counter-terrorism operation from March 8-12 in Sabah and Selangor states.
Chile calls for Asia-Pacific integration

Chile calls for Asia-Pacific integration

Chilean Minister of Foreign Affairs Heraldo Munoz said he will push for Asia-Pacific integration, free trade and anti-protectionism at the TPP meeting in Chile on March 14-15.
Vietnam, Malaysia hope to promote defence ties

Vietnam, Malaysia hope to promote defence ties

Malaysian Deputy Defence Minister Mohd Johari bin Baharom told his Vietnamese counterpart Phan Van Giang that the two countries have great potential to cooperate in the defence industry.

See more

Cambodian Information Minister Neth Pheaktra speaks at the event. (Photo: VNA)

Cambodia intensifies campaign against fake news, misinformation

The initiative aims to enhance information quality in the digital era through three main strategies. These include combating the spread of fake news within Cambodia and across the Greater Mekong Subregion, promoting verified news produced by professional media organisations and digital content creators, and strengthening media literacy education for the public in Cambodia and neighbouring Mekong countries.

A child receives a measles vaccination in Sumenep, East Java, Indonesia (Photo: Antara)

Indonesia faces surge in measles cases

In response, doctors are advising parents to limit their children's exposure to large gatherings, especially during the upcoming Eid al-Fitr holiday, when families often meet in large numbers, increasing the risk of disease transmission.

Authorities in Banteay Meanchey province raids a building used for online fraud in Poipet city, arresting more than 270 people and seizing a large amount of evidence in July (Photo: AKP/VNA)

Cambodia proposes life imprisonment for leaders of online scam networks

A 2024 report by the United States Institute of Peace estimated that illicit revenues from online scams in Cambodia could exceed 12.5 billion USD annually, equivalent to roughly half of the country’s GDP. Prime Minister Hun Manet has previously said the scam centres are seriously damaging Cambodia’s economy and international image, pledging to “clean up” the problem.

Laos confirms stable fuel supply

Laos confirms stable fuel supply

Government spokesperson Sonexay Sitphaxay and Lao Deputy Minister of Industry and Commerce Chanthaboun Soukaloun provided an update on the national fuel supply situation.

Singapore diversifies its sources of imported LNG, and also has a fuel stockpile for power-generation companies to draw from. (Photo: Reuters)

Singapore adopts multiple measures to safeguard energy security

On the measures the Singapore government has in place to handle the rise in global gas prices, Tan highlighted that around half of the city-state’s gas is piped to Singapore from the region and is therefore “unaffected”. Moreover, the country diversifies its sources of imported LNG, and hence is “not overly exposed to the Middle East”, he noted.

Philippines eyes non-permanent seat in UN Security Council

Philippines eyes non-permanent seat in UN Security Council

The Philippines has been working with the UN on many important global issues for decades, and its candidacy for the Security Council serves not only the country's own interests but also aims to strengthen its overall cooperation with the world's largest multilateral organisation, President Marcos said.

An Air India Express Boeing 737-300 sits on the runway at Phuket airport shortly after making a hard landing on March 11. (Photo: Phuket International Airport)

Aircraft incident disrupts operations at Thailand’s Phuket airport

Preliminary findings indicated that the aircraft made a hard landing, resulting in damage to the landing gear and nose gear assembly. The incident caused the aircraft to veer off the runway and prevented it from being moved immediately, leading airport authorities to suspend runway operations.

Indonesian authorities rescue 34 stranded pilot whales

Indonesian authorities rescue 34 stranded pilot whales

The agency's head Imam Fauzi said his team conducted rescue operations for a total of 55 stranded whales from March 9 night to March 10 in a coordinated effort involving local security forces, conservation agencies, officials, and residents. Twenty-one whales were declared dead after stranding.

Indonesia shipped 1.8 million tonnes of palm oil to the Middle East in 2025. (Photo: REUTERS)

Middle East conflict pushes up Indonesia’s palm oil export costs

The conflict, which intensified after coordinated strikes by the US and Israel on Iran’s capital Tehran late last month, had disrupted key maritime routes through the Strait of Hormuz. As a result, some cargo vessels were delayed or forced to take longer alternative routes, raising transport expenses and maritime insurance premiums.

Minister of State Apparatus Utilization and Bureaucratic Reform Rini Widyantini (Photo: beritasatu.com)

Indonesia steps up plan to relocate civil servants to new capital

A meeting to review progress and implementation mechanisms for the relocation plan focused on office capacity in Nusantara, the availability of official housing and the criteria for selecting ministries and agencies that will relocate in the initial phase.

Delegates at the press briefing (Photo: Tempo.co)

Indonesia likely to achieve 6% growth amid geopolitical uncertainty

At a press briefing in Jakarta on March 11 to release the state budget report, Minister of Finance Purbaya Yudhi said the Indonesian economy remained in an expansionary phase, with macroeconomic indicators staying stable. He noted that first-quarter growth was expected to exceed the 5.39% recorded in the final quarter of 2025.