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The Star
3 hours ago
- Business
- The Star
Tengku Zafrul discusses economic cooperation with Singapore, Indonesia leaders
Investment, Trade and Industry Minister, Tengku Datuk Seri Zafrul Abdul Aziz KUALA LUMPUR: Investment, Trade and Industry Minister, Tengku Datuk Seri Zafrul Abdul Aziz, held discussions with leaders from Singapore and his counterpart from Indonesia to enhance and strengthen economic cooperation for the mutual benefit of the three neighbouring countries. "I had the opportunity to engage with counterparts from our neighbouring nations -- Singapore's Deputy Prime Minister Gan Kim Yong and Indonesia's Coordinating Minister for Economic Affairs, Airlangga Hartarto. "Our main focus was to improve and deepen trilateral economic cooperation for our shared benefit,' he said in a post on his X platform, adding that he is currently in Indonesia. Tengku Zafrul is one of four ministers accompanying Prime Minister Datuk Seri Anwar Ibrahim on his official visit to Indonesia today. Other ministers in the delegation include Foreign Minister Datuk Seri Mohamad Hasan, Higher Education Minister Senator Datuk Seri Dr Zambry Abdul Kadir, Communications Minister Datuk Ahmad Fahmi Mohamed Fadzil, and Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani. Commenting further, Tengku Zafrul said the discussions, held against a backdrop of ongoing geopolitical challenges, also touched on ASEAN's role in navigating the increasingly complex geoeconomic landscape. In 2024, Indonesia was Malaysia's sixth-largest global trading partner and the second-largest among ASEAN member states. During the same period, bilateral trade rose 4.5 per cent to RM116.29 billion (US$25.5 billion), from RM111.21 billion (US$24.39 billion) in 2023. In a statement on Thursday, the Foreign Ministry said Anwar, who also serves as Finance Minister, is making the visit in return for Indonesian President Prabowo Subianto's visit to Malaysia earlier this year. The visit includes bilateral meetings and attendance at the 46th ASEAN Summit, the Second ASEAN-GCC Summit, and the ASEAN-GCC-China Summit held from May 26 to 27. "This visit also forms part of preparations for the 13th Annual Consultation between Malaysia and Indonesia, scheduled to take place later this year,' the statement added. - Bernama
New Straits Times
10 hours ago
- Business
- New Straits Times
Tengku Zafrul discusses economic cooperation with Singapore, Indonesia leaders
KUALA LUMPUR: Investment, Trade and Industry Minister, Tengku Datuk Seri Zafrul Abdul Aziz, held discussions with leaders from Singapore and his counterpart from Indonesia to enhance and strengthen economic cooperation for the mutual benefit of the three neighbouring countries. "I had the opportunity to engage with counterparts from our neighbouring nations -- Singapore's Deputy Prime Minister Gan Kim Yong and Indonesia's Coordinating Minister for Economic Affairs, Airlangga Hartarto. "Our main focus was to improve and deepen trilateral economic cooperation for our shared benefit," he said in a post on his X platform, adding that he is currently in Indonesia. Tengku Zafrul is one of four ministers accompanying Prime Minister Datuk Seri Anwar Ibrahim on his official visit to Indonesia today. Other ministers in the delegation include Foreign Minister Datuk Seri Mohamad Hasan, Higher Education Minister Senator Datuk Seri Dr Zambry Abdul Kadir, Communications Minister Datuk Ahmad Fahmi Mohamed Fadzil, and Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani. Commenting further, Tengku Zafrul said the discussions, held against a backdrop of ongoing geopolitical challenges, also touched on ASEAN's role in navigating the increasingly complex geoeconomic landscape. In 2024, Indonesia was Malaysia's sixth-largest global trading partner and the second-largest among ASEAN member states. During the same period, bilateral trade rose 4.5 per cent to RM116.29 billion (US$25.5 billion), from RM111.21 billion (US$24.39 billion) in 2023. In a statement on Thursday, the Foreign Ministry said Anwar, who also serves as Finance Minister, is making the visit in return for Indonesian President Prabowo Subianto's visit to Malaysia earlier this year. The visit includes bilateral meetings and attendance at the 46th ASEAN Summit, the Second ASEAN-GCC Summit, and the ASEAN-GCC-China Summit held from May 26 to 27. "This visit also forms part of preparations for the 13th Annual Consultation between Malaysia and Indonesia, scheduled to take place later this year," the statement added.
BusinessToday
21-04-2025
- Business
- BusinessToday
TVET, Halal Industry Among Discussions During DPM's Visit To Indonesia
Deputy Prime Minister and Minister of Rural and Regional Development Dato' Seri Dr. Ahmad Zahid Hamidi is said to undertake an official visit to the Republic of Indonesia as part of the continued close cooperation between both nations following the State Visit of the President of the Republic of Indonesia to Malaysia in January this year. The Deputy Prime Minister is expected to discuss and explore opportunities for cooperation, particularly in the fields of education, with a focus on Technical and Vocational Education and Training (TVET); the halal industry; rural development; and disaster management. He will also witness the exchange of three Letters of Intent; two on TVET collaboration between Universiti Kuala Lumpur (UniKL) and the Provincial Government of DKI Jakarta, and between UniKL and the Provincial Government of West Sumatra; and one between Education Malaysia Global Services and the Provincial Government of West Sumatra focusing on higher education. As part of the programme, the Deputy Prime Minister will also visit Indonesia's National Disaster Management Agency (BNPB) and the Emergency Operation Centre at the ASEAN Coordinating Centre for Humanitarian Assistance on Disaster Management (AHA Centre). The Deputy Prime Minister will also participate in a Halal Roundtable Session and engage in discussions with key representatives from the Indonesian franchise industry, including the Indonesian Franchise Association (AFI) and Waraba and Licence Franchise Indonesia (WALi). In 2024, the Republic of Indonesia was Malaysia's sixth largest trading partner globally and the second largest among ASEAN member states. Total bilateral trade in 2024 was recorded at RM116.29 billion (USD25.5 billion), an increase of 4.5 percent from RM111.21 billion (USD24.39 billion) in 2023. Related
