Latest news with #RM378
The Sun
07-07-2025
- Business
- The Sun
PM Anwar's foreign visits boost trade and investments
KUALA LUMPUR: The Prime Minister's political secretary, Datuk Ahmad Farhan Fauzi, has dismissed opposition claims that Datuk Seri Anwar Ibrahim's foreign visits are frivolous, stressing their role in securing economic benefits for Malaysia. He described the criticism as short-sighted, ignoring the tangible outcomes of these diplomatic efforts. Farhan pointed to a 14.9% rise in approved investments to RM378 billion and a 9.2% growth in trade to RM2.88 trillion in 2024 as proof of the government's success. He contrasted this with the previous administration, which he said lacked vision and stability. 'These trips are not leisure tours but strategic missions to attract investments, reopen FTA talks with the EU, and sign new agreements with EFTA nations,' Farhan stated. He added that Malaysia's trade-to-GDP ratio of 130% underscores the importance of proactive diplomacy. The ongoing visits to Italy, France, and Brazil, including participation in the BRICS Summit, aim to strengthen bilateral ties and advocate for ASEAN interests in global governance, AI, and climate issues. Farhan urged critics to recognise the public's awareness of genuine leadership versus divisive politics. – Bernama
Sinar Daily
07-07-2025
- Business
- Sinar Daily
PM's political secretary slams 'narrow-minded' criticism of overseas visits
Malaysia's proactive approach has yielded tangible results, with approved investments rising by 14.9 per cent to RM378 billion and trade performance increasing by 9.2 per cent to RM2.88 trillion in 2024. 07 Jul 2025 07:50pm France's President Emmanuel Macron (L) welcomes Malaysia's Prime Minister Datuk Seri Anwar Ibrahim prior to a working dinner at the Elysee Palace in Paris on July 4, 2025. (Photo by Ludovic MARIN / AFP) KUALA LUMPUR - Accusations from opposition figures labeling Prime Minister Datuk Seri Anwar Ibrahim's official overseas visits as mere 'sightseeing trips' reveal a narrow-minded misunderstanding of the strategic importance behind these diplomatic missions. Political secretary to the Prime Minister, Datuk Ahmad Farhan Fauzi, said such accusations reflect a lack of comprehension of the complex geopolitical and geo-economic challenges currently impacting the world, Malaysia, and its people. Malaysia's Prime Minister Datuk Seri Anwar Ibrahim (R) and Brazil's President Luiz Inacio Lula da Silva greet each other during the BRICS Business Forum in Rio de Janeiro, Brazil, on July 5, 2025. BRICS leaders meeting in Rio de Janeiro from Sunday are expected to decry Donald Trump's hardline trade policies, but are struggling to bridge divides over crises roiling the Middle East. (Photo by Daniel RAMALHO / AFP) He emphasised that each official visit by the Prime Minister carries significant national agendas, including attracting high-quality investments, strengthening strategic partnerships, opening new markets for Malaysian companies, and championing the voice of developing countries on global platforms such as BRICS. "This is not a mere leisure trip. It is proactive economic and geopolitical diplomacy guided by a forward-thinking vision. "The Prime Minister's economic diplomacy initiatives create strategic new economic opportunities, including resuming Free Trade Agreement (FTA) negotiations with the European Union (EU) and signing FTAs with EFTA countries,' he said in a Facebook post today. Ahmad Farhan highlighted that Malaysia's proactive approach has yielded tangible results, with approved investments rising by 14.9 per cent to RM378 billion, and trade performance increasing by 9.2 per cent to RM2.88 trillion in 2024. He noted the significance of this approach for Malaysia as an open economy, where the trade-to-GDP ratio stands at 130 per cent. "In contrast, during the previous administration, the country's image was not progressive. History shows the political crises that unfolded then. "The era of weak and uninspired leadership - likened to 'seekor belalang di tepi lautan' (a frog in a well), has passed since the MADANI government took office,' he added. Under MADANI's leadership, he said, Malaysia is once again viewed internationally as a principled, stable, and promising partner. Ahmad Farhan further said that Malaysia's effective foreign policy is evident through multi-billion ringgit investments, strategic agreements, and the Prime Minister's active participation in world-class economic and diplomatic forums. "My advice to those narrow-minded opposition figures is to better understand the people. The public does not share your mindset, nor can they be deceived by distorted perceptions. "The people are discerning and know who genuinely works for the country versus those who spread slander, sow division, and engage in 'politics without wisdom,'' he added. Currently, the Prime Minister is leading a Malaysian delegation on official visits to Italy, France, and Brazil since July 1, aimed at strengthening bilateral relations and enhancing trade and economic cooperation with these countries. This includes attending the BRICS Summit in Rio de Janeiro as a partner country and representing ASEAN 2025, advocating regional interests on issues such as global governance, artificial intelligence, climate, and health. - BERNAMA More Like This
