Malaysian PM believes in rising Chinese investment
Malaysian Prime Minister Najib Razak has said the economic and trade ties between Malaysia and China are growing, and Chinese investment in the Southeast Asian country will continue going up.
Malaysian Prime Minister Najib Razak (Source: Reuters) Malaysian news agency Bernama quoted Najib, who is on a six-day visit to China, as saying at a meeting with Chinese businesspeople on November 1 that China poured nearly 2 billion USD into Malaysia last year. The figure is expected to rise, considering the growing trend of Chinese investment in Malaysia over the past five years.
The PM also noted that two-way trade hit 100 billion USD last year and China remains Malaysia’s largest trade partner since 2009.
During the Malaysian PM’s visit, Malaysian and Chinese firms plan to sign more than 10 agreements on port construction, gas pipeline installation and water treatment plant, e-commerce, manufacture and installation of solar panels.
The same day, both sides are due to sign a framework agreement on finance and a technical contract for a 13 billion USD railway in the eastern coast of Malaysia – the largest Chinese investment in Malaysia.-VNA
You should also see
Vietnam attends international security meeting in Russia
A Vietnamese delegation led by Minister of Public Security General To Lam is attending the 12th International Meeting of High Representatives for Security Issues in Russia’s St. Petersburg city from April 23-25.
See more
World
Argentinian scholar praises Vietnam’s April 30, 1975 victory
The complete reunification of Vietnam on April 30, 1975 was an extremely significant event in the history of the country and the world, opined a scholar from the Institute for International Relations at the National University of La Plata, Argentina.
World
Malaysia tackles food security challenges
Empowering local communities in the agriculture sector to attract young people to this field is one of the measures taken by Malaysia to address labour shortage while also contributing to tackling challenges in food security.
World
Danger warning issued for Thailand’s Bangkok as extreme heat bites
Thai authorities on April 24 issued an extreme heat warning for Bangkok, urging people to stay indoors for their safety as temperatures soared.
World
Schools in Philippines go online amid extreme heat
Record heat in the Philippines in April has forced schools to send children home for online classes.
ASEAN
UK supports ASEAN’s economic integration
The UK delegation to ASEAN held a seminar in Jakarta, Indonesia on April 24 to discuss the ASEAN-UK economic integration programme.
