Malaysia, Bahrain Reaffirm Ties With Exchange Of Seven MoUs
KUALA LUMPUR, May 27 (Bernama) -- Malaysia and Bahrain today reaffirmed their longstanding friendship and commitment to enhancing cooperation through the exchange of seven memoranda of understanding (MoUs).
The ceremony was witnessed by Prime Minister Datuk Seri Anwar Ibrahim and Bahrain's Crown Prince and Prime Minister Salman Hamad Al Khalifa after their bilateral meeting on the sidelines of the 46th ASEAN Summit and Related Summits, which concluded here today.
The meeting provided an opportunity to assess the progress of bilateral relations between Malaysia and Bahrain following Anwar's visit to Manama last February.
The key areas of cooperation include investment and trade, Islamic finance and banking, defence, halal industry, semiconductors, agriculture and agri-commodities as well as connectivity, particularly in the tourism sector.
Also present were Foreign Minister Datuk Seri Mohamad Hasan, Transport Minister Anthony Loke, Higher Education Minister Datuk Seri Dr Zambry Abd Kadir and Public Service Department director-general Tan Sri Wan Ahmad Dahlan Abdul Aziz.
Among the MoUs exchanged was the Notes on the Establishment of a Political Consultation Mechanism, which institutionalises regular dialogue between the two countries' foreign ministries.
In the realm of transport and digital innovation, Malaysia received two symbolic certificates -- the Global Logistics Sea to Air Partner Certificate and the Data Sovereignty Initiative Certificate presented to Digital Minister Gobind Singh Deo.
The certificates underscore Bahrain's recognition of Malaysia's growing leadership in logistics and digital governance.
Malaysia and Bahrain also exchanged documents on Cooperation in Planning, Development and Promotion of Industrial Parks, exchanged between by Ministry of Investment, Trade and Industry and Bahrain's Finance and National Economy Ministry.
Hashtags

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


The Star
3 hours ago
- The Star
Manufacturing PMI slightly higher at 48.8 in May
S&P Global Market Intelligence economist Usamah Bhatti said PMI data for May revealed that business conditions in the Malaysian manufacturing sector were muted. KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing manager's index (PMI) inched up to 48.8 in May, compared to 48.6 in April, signalling a sustained, though softer moderation in operating conditions. S&P Global Market Intelligence economist Usamah Bhatti said PMI data for May revealed that business conditions in the Malaysian manufacturing sector were muted as production levels were scaled back due to subdued new orders. 'That said, the rates of reduction in both measures eased to three-month lows and were only marginal overall. 'As such, the data indicated that gross domestic product growth is likely to have sustained at a similar pace as seen in the opening quarter of the year,' he said in a statement today. He noted that manufacturing firms also reported a gradual increase in cost burdens, with average input costs rising at the sharpest rate in six months. — Bernama


Free Malaysia Today
4 hours ago
- Free Malaysia Today
Govt to set up special task force to address financial irregularities
Prime Minister Anwar Ibrahim said the decision to set up the task force was made during the special Cabinet committee on national governance meeting today. (Facebook pic) PETALING JAYA : The government will be establishing a special task force to address financial irregularities, Prime Minister Anwar Ibrahim announced today. Anwar, who is also finance minister, said the decision to set up the task force was made during the special Cabinet committee on national governance meeting today. 'As part of efforts to strengthen the role of the national audit department through amendments to the Audit Act 1957, the meeting agreed to establish a task force to address serious irregularities,' he said in a Facebook post. During the meeting, he stressed the importance of addressing audit findings related to financial irregularities that could undermine the country's fiscal management. He said the new task force will ensure that follow-up actions are more holistic, targeted and have high impact, in keeping with the principles of accountability, transparency and integrity. Last month, Auditor-General Wan Suraya Wan Radzi said the amended Audit Act, which came into force last year, empowers the department to conduct audits on 1,856 GLCs. She was quoted as saying the amendment expands the department's scope, thereby strengthening the government's oversight of governance and financial management within GLCs. The changes include the expansion of the auditor-general's powers to include audits of entities receiving government financial guarantees, by introducing the 'follow the public money' audit approach. Wan Suraya said, moving forward, all GLCs would be held accountable for any irregularities identified in the auditor-general's report. She highlighted that the committee responsible for following up on actions taken based on the auditor-general's report had uncovered several instances of leakages in state and federal financial statements, which are now in the process of being recovered. She added that beyond the recovery of public funds, the audit process aims to determine whether serious irregularities, governance lapses or systemic failures have occurred.


New Straits Times
6 hours ago
- New Straits Times
Government to set up task force to address serious financial irregularities
KUALA LUMPUR: The government will be setting up a special task force to address serious financial irregularities to strengthen the credibility of the country's fiscal management, said Prime Minister Datuk Seri Anwar Ibrahim. In a post on his social media account, he said the decision was made during the Special Cabinet Committee on National Governance (JKKTN) meeting he chaired earlier today. Anwar, who is also the Finance Minister, said that the committee had taken a serious view of the audit findings on financial irregularities as they could potentially affect the credibility of the country's fiscal management. "In line with efforts to strengthen the role of the National Audit Department through amendments to the Audit Act 1957, the JKKTN agreed to establish a special task force to address serious financial irregularities," he said, adding that this is to ensure more holistic, targeted, and effective response measures in accordance with the principles of accountability, transparency, and integrity. - BERNAMA