logo
Malaysia emerges as FDI and tourism leader in Southeast Asia

Malaysia emerges as FDI and tourism leader in Southeast Asia

The Star12-06-2025
PETALING JAYA: Malaysia has solidified its position as a rising star in Southeast Asia for foreign direct investment (FDI) and tourism, according to Nga Kor Ming.
Nga, who is the United Nations (UN) Habitat General Assembly president, said this achievement reflects the Madani government's good governance, investor-friendly policies, and strong international diplomacy.
"From easing visa regulations to deepening diplomatic ties, the government is paving the way for Malaysia's global recognition," said Nga in a statement on Thursday (June 12).
Malaysia was recently ranked the third most attractive destination for FDI globally in the newly released 2025 Baseline Profitability Index (BPI), trailing only India and Rwanda. Regionally, Malaysia leads Southeast Asia, outpacing peers such as Singapore, Vietnam, Indonesia, and the Philippines.
The BPI, developed by economist Daniel Altman, evaluates 100 countries based on their potential for profit generation, value preservation, and capital repatriation over a five-year horizon.
Malaysia has also overtaken Thailand as ASEAN's most visited tourist destination in the first quarter of 2025, according to Vietnam Express.
It reported that Malaysia welcomed over 10.1 million foreign tourists from January to March 2025.
Thailand came in second with 9.55 million visitors, followed by Vietnam and Singapore with six million and 4.31 million arrivals, respectively.
Nga also highlighted Malaysia's recent appointment as the UN-Habitat Assembly president, calling it a timely recognition of the country's leadership in sustainable urban development.
"This role positions Malaysia to deepen international cooperation and expand our influence on the global stage," added Nga.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Plastic pollution deal now appears adrift
Plastic pollution deal now appears adrift

New Straits Times

time5 hours ago

  • New Straits Times

Plastic pollution deal now appears adrift

THE collapse on Friday of a sixth round of UN talks aimed at curbing plastic output has dimmed hopes of tackling a key source of pollution and left many advocates of restrictions pessimistic about a global deal during the Trump administration. A three-year global push to reach a legally binding treaty to curb plastic pollution choking the oceans and harming human health now appears adrift, participants said. Many states and campaigners blamed the failure on oil-producers, including the United States, which they said hardened long-held positions and urged others to reject caps on new plastic production that would have curbed output of polymers. Debbra Cisneros, a negotiator for Panama, which supported a strong deal, said the United States, the world's number two plastics producer behind China, was less open than in previous rounds conducted under Joe Biden's administration. "This time they were just not wanting anything. So it was hard, because we always had them against us in each of the important provisions," she said at the end of the 11-day talks. Anti-plastic campaigners saw little hope for a change in Washington's position under President Donald Trump, who in February signed an executive order encouraging consumers to buy plastic drinking straws. "The mentality is different, and they want to extract more oil and gas out of the ground," said Bjorn Beeler, International Coordinator at International Pollutants Elimination Network (IPEN), a global network of more than 600 public-interest NGOs. The US State Department did not immediately respond to a request for comment about its positions and its role in the talks. US delegate John Thompson declined to respond to questions from a Reuters reporter on the outcome. A State Department spokesperson previously said each party should take measures according to its national context, while Washington has expressed concerns that the new rules could increase the costs of all plastic products. The Trump administration has also rolled back various US climate and environmental policies that it says place too many burdens on national industry. Earlier last week, Washington also flexed its muscle in talks about another global environmental agreement when it threatened measures against states backing a proposal aimed at reducing shipping emissions. For a coalition of some 100 countries seeking an ambitious deal in Geneva, production limits are essential. Fiji's delegate Sivendra Michael likened excluding this provision to "mopping the floor without turning off the tap". For each month of delays, the World Wildlife Fund (WWF) said nearly a million tonnes of plastic waste accumulates — some of which washes up on the beaches of island states. Some participants also blamed organisers, the International Negotiating Committee (INC), a UN-established body supported by the UN Environment Programme (UNEP). A low point was a formal meeting an hour before the negotiations were set to conclude at midnight on Thursday which lasted less than a minute and was then adjourned until dawn, prompting laughter and jeering from delegates. "Everyone was in shock as no one understood," said Ana Rocha, Global Plastics Policy Director for environmental group GAIA. "It's almost like they were playing with small children." France's ecology minister Agnes Pannier-Runacher called proceedings "chaotic". Asked what went wrong, INC chair Luis Vayas Valdivieso blamed the rift between countries and called the negotiations complex. "But we have advanced and that's important," he said. UN provisional rules require all states to agree — a constraint that some see as unworkable, especially under a US administration that is retreating from multilateralism. "Consensus is dead. You cannot agree a deal where all the countries who produce and export plastics and oil can decide the terms of what the deal is going to be," said IPEN's Beeler. Some delegates and campaigners suggested introducing voting to break the deadlock or even for the UN-led process to be abandoned altogether. The WWF and others called on ambitious states to pursue a separate deal, with the hope of getting plastics-producing nations on board later. Two draft deals emerged from the talks — one more ambitious than the other. Neither was adopted. It is unclear when the next meeting will take place, with states merely agreeing to reconvene at a later date.

Israel says struck Huthi 'energy infrastructure site' in Yemen
Israel says struck Huthi 'energy infrastructure site' in Yemen

The Sun

time12 hours ago

  • The Sun

Israel says struck Huthi 'energy infrastructure site' in Yemen

TEL AVIV: Demonstrators took to the streets across Israel Sunday calling for an end to the war in Gaza and a deal to release hostages still held by militants, as the military prepares a new offensive. The protests come more than a week after Israel's security cabinet approved plans to capture Gaza City, following 22 months of war that have created dire humanitarian conditions in the Palestinian territory. The war was triggered by Palestinian militant group Hamas's October 2023 attack on Israel, during which 251 were taken hostage. Forty-nine captives remain in Gaza, including 27 the Israeli military says are dead. A huge Israeli flag covered with portraits of the remaining captives was unfurled in Tel Aviv's so-called Hostage Square -- which has long been a focal point for protests throughout the war. Demonstrators also blocked several roads in the city, including the highway connecting Tel Aviv and Jerusalem, where demonstrators set tires on fire and caused traffic jams, according to local media footage. Protest organisers and the main campaign group representing the families of hostages also called for a general strike on Sunday. 'I think it's time to end the war. It's time to release all of the hostages. And it's time to help Israel recover and move towards a more stable Middle East,' said Doron Wilfand, a 54-year-old tour guide, at a rally in Jerusalem. However, some government members who oppose any deal with Hamas slammed the demonstrations. Israel's far-right Finance Minister Bezalel Smotrich decried 'a perverse and harmful campaign that plays into the hands of Hamas'. He argued that public pressure to secure a deal effectively 'buries the hostages in tunnels and seeks to push the State of Israel to surrender to its enemies and jeopardise its security and future'. APTFV footage showed protesters at a rally in Beeri, a kibbutz near the Gaza border that was one of the hardest-hit communities in the Hamas attack, and Israeli media reported protests in numerous locations across the country. Israeli plans to expand the war into Gaza City and nearby refugee camps have sparked an international outcry as well as domestic opposition. UN-backed experts have warned of widespread famine unfolding in the territory, where Israel has drastically curtailed the amount of humanitarian aid it allows in. According to Gaza's civil defence agency, Israeli troops shot dead at least 13 Palestinians on Saturday as they were waiting to collect food aid near distribution sites. Hamas's October 2023 attack on Israel resulted in the deaths of 1,219 people, mostly civilians, according to an AFP tally based on official figures. Israel's offensive has killed more than 61,897 Palestinians, most of them civilians, according to figures from the health ministry in Hamas-run Gaza which the United Nations considers reliable - AFP

From tariff talks to conflict resolutions: Negotiators wanted?
From tariff talks to conflict resolutions: Negotiators wanted?

The Star

time16 hours ago

  • The Star

From tariff talks to conflict resolutions: Negotiators wanted?

IN today's fragmented and divisive world, demands for skilled negotiators, those steeped in diplomacy and dialogue as statecraft, should be at a premium. After all, a perfect storm is brewing: global politics are becoming increasingly fraught, and common global issues are being weaponised. Open conflicts are flaring up in places like Europe and the Middle East, while other regions, such as East Asia, face renewed risks of unintended conflict due to miscalculations over long-standing disputes. Even South-East Asia, long marked by the absence of open conflict between Asean member states, was recently reminded of the dangers of complacency and the need to continuously nurture a culture of peace. Cross-border issues, such as the climate crisis, demand a cooperative global response, yet nations are unable to look past their immediate interests. A proverbial diplomatic traffic jam confronts us as countries scramble to reach 'a deal' to stave off tariff wars. With true statesmanship, these fraught conditions would be an ideal opportunity for diplomats and negotiators to thrive, demonstrating their unique skills in managing international relations, bridging differences and forging consensus tactfully and respectfully. Unfortunately, the opposite seems to be happening. Diplomacy is facing headwinds as countries increasingly turn inward, seemingly oblivious to the fact that national goals cannot be achieved in a vacuum. Instead, they require a keen awareness of external dynamics and how they affect a country's objectives. Furthermore, multilateral institutions are facing a critical test of their relevance and credibility. They are often seen as disconnected from shifting power dynamics. Complex issues are often oversimplified for headlines, and the popular focus on making 'deals' instead of 'agreements' highlights a short-term, transactional mindset. Do professional negotiators and diplomats matter? The work of a professional negotiator is not one-size-fits-all. Every situation is unique. The setting can vary, from bilateral to multilateral negotiations. Multilateral settings might involve a few countries, often within a region, or many countries, as seen in the United Nations system. Bridge-building efforts can also take place within countries, where the term 'dialogue' is often preferred over 'negotiation'. It is important to recognise that the resolution of internal conflicts, particularly in South-East Asia, has benefited immensely from the tactful, nuanced and calibrated skills of the region's diplomats, who are always conscious of hidden tripwires that could halt fragile dialogues. The subject matter can also vary widely, including political, security, economic, trade, finance and global cross-border issues. To add to the complexity, these subjects are often intertwined, defying clear distinctions between them and between the local, national, regional and global levels. A country's role can also differ, ranging from being a party to a dispute, a facilitator or mediator, to a strictly third-party observer focused on minimising risks and maximising opportunities. In all these different circumstances, the professional negotiator offers important, often unquantifiable, skills. First, a deep understanding of national interests is crucial. Professional negotiators have the ability to clearly identify and, if necessary, recalibrate their country's national interests on international issues. They focus on long-term interests rather than short-term, fleeting ones. Their institutional memory allows them to be alert to even the subtlest shifts that could inadvertently cause irreparable harm. Negotiators also have the capacity to take a comprehensive, unified approach. They are able to develop a whole-of-government, or even whole-of-society, approach in formulating a country's negotiating position, rather than a fragmented, 'siloed' one. This approach creates a sense of common national ownership and participation, making the country's position more resistant to the probes of other negotiating parties and ensuring the effective implementation of any agreements reached. They also possess full knowledge of their country's 'red lines' to adeptly manage changing negotiation dynamics. The real work of negotiation begins after initial positions are presented, it is more than just reading a prepared statement. Second, professional negotiators are trained to develop an acute knowledge and 'feel' of the other side's position, of their interests and objectives as well as their 'red lines'. They understand the other side's constraints and how they align or diverge from their own. This awareness is not a sign of weakness, it is crucial to ensure the most efficient (not to overpromise or over-concede for the sake of reaching agreements) and effective ('national' interest becoming synonymous with 'common' interest) attainment of the set objectives. In today's complex environment, experienced negotiators also discern wider stakeholders and their interests, even if they are not directly involved. This ensures that outcomes are supported and not contested, and that these dynamics work in their country's favour. Nothing happens in a vacuum. Third, professional negotiators have a strong appreciation for detailed preparation. They leave nothing to chance. Every step of a negotiation, no matter how small, is prepared for and, if necessary, negotiated over. The agenda, format, working methods and even seating arrangements matter and can significantly affect outcomes. Unfortunately, such attention to detail, the minutiae of a negotiation process, is sometime mistakenly viewed as archaic and overly bureaucratic. The truth is, they help draw the proverbial line in the sand, to test resolve before attention turn to the issues of substance. Finally, the experienced negotiator possesses a range of unquantifiable qualities. These include the ability to 'read the room' and sense underlying dynamics, points of convergence and the other side's readiness to compromise. They have a keen appreciation for timing, knowing when to reveal a national position or submit fresh proposals. A genuine capacity for empathy allows them to build trust and a comfort level with the other side without being co-opted. They also know how to agree to disagree respectfully, avoiding excessive celebration of gains that could burn bridges for future negotiations. An almost infinite reservoir of patience and resilience is critical in a battle of will and wit. Negotiators must not be too eager for results or fall into the trap of unilaterally set deadlines. Ultimately, since all agreements are expressed in words, experienced negotiators are wordsmiths, equipped with a command of language. They must also be seen as trustworthy, reliable and principled individuals whose words can be relied upon. In our fragmented world, the efficacy and importance of diplomacy as a means to manage relations between states should be beyond doubt. The skills of the diplomat-negotiator should be in high demand, and a surge in diplomacy is needed. — The Jakarta Post/ANN Marty Natalegawa is a former Indonesian foreign minister and founder/convenor of the Amity Circle, which focuses on the promotion of diplomacy, negotiation and dialogue.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store