Stronger Malaysia-Russia Ties Not At Expense Of Others, Says PM Anwar
BUSINESS
From Sharifah Hunaini Syed Ismail
KAZAN (Tatarstan) May 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said today that Malaysia's growing ties with Russia should not be seen as a zero-sum game, stressing that as an open trading nation, it is vital for the country to expand partnerships broadly to protect its economic interests.
He stressed that strengthening relations with one country does not mean weakening ties with others, including the United States (US).
'It should not be seen as a matter of a zero-sum game. It should be complementary,' Anwar told reporters at the exit press conference at the end of his four-day official visit to Russia, when asked if close ties with Moscow would affect Malaysia's relations with other countries.
His official visit here included meetings with President Vladimir Putin, Prime Minister Mikhail Mishustin and several industry leaders in Moscow and Kazan.
In fact, as an open trading nation, Malaysia remains committed to expanding trade partnerships broadly and independently, as part of efforts to protect and promote national economic interests, said Anwar, who is also Finance Minister.
'Malaysia is a trading country. To protect our interests, we have to broaden and expand our market and trading partnerships,' he said.
Malaysia continues to welcome American investments, citing recent discussions between Malaysian agencies and US counterparts.
'In fact, just last week, AMD (Advanced Micro Devices Inc) was there. There have been serious discussions to expand activities, and we certainly welcome that,' said the prime minister.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Malaysian Reserve
22 minutes ago
- Malaysian Reserve
Poland's president undertakes three-day official visit to Malaysia
PUTRAJAYA — President of Poland, Andrzej Duda, will undertake a three-day official visit to Malaysia beginning Monday, aimed at strengthening bilateral relations and expanding cooperation. This visit, his first to Malaysia since taking office in August 2015, comes at a significant moment — coinciding with Malaysia's ASEAN Chairmanship and Poland's Presidency of the Council of the European Union in the first half of 2025. The Malaysian Foreign Ministry in a statement on Monday said Duda will be accompanied by his spouse Agata Kornhauser-Duda. The President will be accorded an official welcoming ceremony at Perdana Putra Complex, Putrajaya on Tuesday (June 10) followed by a bilateral meeting with Prime Minister Datuk Seri Anwar Ibrahim. Both leaders are expected to deliberate on strengthening bilateral cooperation, including trade and investment, defence industry, agriculture, halal sector, and agri-commodities, the statement read. They are also anticipated to exchange views on regional and international developments of mutual interest, it added. The Prime Minister will host an official luncheon at the Seri Perdana Complex in honour of the President and his delegation. According to the ministry, Duda is also scheduled to visit the Second Regiment of the Royal Armoured Corps at Kem Sunggala, Port Dickson, and deliver a public lecture at the Asia-Europe Institute, University of Malaya. The visit underscores the robust and friendly relations between Malaysia and Poland, which are founded on mutual respect and close cooperation since the establishment of diplomatic relations in 1971. In 2024, Poland ranked as Malaysia's 8th largest trading partner among European Union member states, with total bilateral trade rising by 19.5 per cent to RM5.66 billion compared to 2023. Malaysia's primary exports to Poland include electrical and electronic products, rubber products, and machinery, while key imports from Poland consist of machinery, equipment and parts, electrical and electronic products, and transport equipment. — BERNAMA


Malay Mail
28 minutes ago
- Malay Mail
Ringgit opens lower against US dollar as global economic outlook weighs on Asian currencies
KUALA LUMPUR, June 9 — The ringgit opened lower against the US dollar today as the greenback strengthened amid renewed volatility from a challenging global economy outlook for the second half of 2025. At 8.03am, the local note stood at 4.2375/2560 against the greenback, easing from Friday's close of 4.2270/2360. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to range between 4.23 and 4.24 today, following the stronger-than-expected United States (US) nonfarm payroll (NFP) data for May. He highlighted that the US NFP rose 139,000 in May, higher than the consensus estimate of 126,000, while the unemployment rate was sustained at 4.2 per cent for three consecutive months, pushing the US dollar index (DXY) higher on Friday to 99.190 points. 'The latest NFP print seems to suggest that the labour market in the US is still fairly resilient despite having to contend with higher tariffs,' he told Bernama. Nonetheless, Mohd Afzanizam said, April's NFP was revised lower to 147,000 from 177,000, and the US labour force participation rate declined to 62.4 per cent in May from 62.6 per cent in April. 'On that note, while the labour market is still chugging along, signs of further moderation in the data series have been gradually emerging. 'As business and consumer sentiments remain weak, the outlook for the second half of 2025 economy looks increasingly challenging. Hence, the case for a lower US Federal Fund Rate is gaining momentum in our view,' he added. He noted that the ringgit has gained against the greenback, with USDMYR closing at 4.2315, giving a week-on-week appreciation of 0.6 per cent last week. At the early session, the ringgit traded mostly lower against a basket of major currencies. It slightly increased against the Japanese yen to 2.9305/9435 from Friday's 2.9324/9390, but depreciated versus the British pound to 5.7367/7618 from 5.7212/7334 and eased vis-a-vis the euro to 4.8341/8552 from 4.8268/8371. The local currency also traded mostly lower against most of its Asean peers. It rose versus the Thai baht to 12.9468/13.0121 from 12.9599/9947 at Friday's close, while the ringgit decreased against the Singapore dollar to 3.2892/3041 from 3.2862/2934, dropped against the Philippine peso to 7.60/7.64 from 7.58/7.60 and fell against the Indonesian rupiah to 260.1/261.4 from 259.5/260.2. — Bernama


Daily Express
an hour ago
- Daily Express
Urgent need for a clear definition of native: Parti Kerjasama Anak Negeri
Published on: Monday, June 09, 2025 Published on: Mon, Jun 09, 2025 By: Jinni Juanis Text Size: According to Henrynus, thousands of acres have been allegedly granted to 'dubious natives' (those with questionable native status) in several districts in Sabah. Kota Kinabalu: Parti Kerjasama Anak Negeri (PKAN) has called for a clearer definition of 'Sabah native' similar to Sarawak so as to bring clarity and remove any doubt and ambiguity about the word 'native'. Its President, Datuk Henrynus @ Rinus Amin, also wants an added clause that no native certificates be valid without an 'appropriate declaration by the Sabah Native Court.' Advertisement 'We want a clause that specifically states if evidence emerges that a citizenship or a native certificate was obtained fraudulently, the issuing authority, the Native Court in Sabah, has the legal right to revoke it, and those involved in the fraud face legal repercussions. 'There's an urgent need to resolve this issue because foreigners posing as Malaysian citizens and natives with fraudulently obtained identity cards are illegally occupying native or customary land across Sabah. 'We're getting troubling reports about native land being occupied by newcomers with dubious identity in Ranau, Keningau, Sook, Nabawan, Tongod, Beluran, Pitas, Sipitang, Lahad Datu, and Kalabakan,' he said. He alleged that these newcomers with questionable citizenship are purchasing or occupying these lands and creating new settlements and shifting demographics. Advertisement According to Henrynus, thousands of acres have been allegedly granted to 'dubious natives' (those with questionable native status) in several districts in Sabah. He did not say under which administration this happened but that hese individuals then register as voters, fundamentally altering the political demographics of these areas. He said as many as 500,000 individuals in Sabah may have obtained Malaysian identity cards (MyKad) through questionable means. Currently, the Kadazan Dusun population now stands at only 19 per cent in total. In contrast, another ethnic group has reportedly surged and this raised question of their origin. He said if they are not from Peninsular Malaysia, the conclusion is that they must be foreigners masquerading as bumis to obtain identity cards and subsequently claim rights to Sabah native land. 'The party is also concerned about coastal squatter settlements near major towns, which are populated by individuals of questionable citizenship claiming native status and seeking state recognition for their villages.' He said in Sabah, the primary enactment that defines 'natives of Sabah' is the Interpretation (Definition of Native) Ordinance 1952 (Sabah Cap 64). Unlike Sarawak, which lists specific indigenous races, he said the Federal Constitution for Sabah refers to 'a person of a race indigenous to Sabah,' again deferring to the Interpretation (Definition of Native) Ordinance 1952. He said the status of Kadazan Dusun, Murut and Sungai or collectively Momogun is not clearly defined in Interpretation (Definition of Native) Ordinance 1952. 'This lack of a precise list casts doubt on the validity and relevance of the existing definition,' he said. Henrynus said amendment to the definition of 'native' in Sabah has been a long-standing and complex issue which no state government was willing to take on. He is not sure what is being done by the State Government, but questioned why Kadazan Dusun assemblymen from Star, PBS and Upko who were outspoken on the issue during election, remain muted after the election. He said Parti Anak Negeri will push for the clause to be amended to clarify and establish the status of new migrants from Malaya, the Philippines and Indonesia as non-native. 'The vague definitions and the reliance on native court declarations have allegedly led to instances where individuals without genuine indigenous lineage have obtained native status.' * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia