KUALA LUMPUR, Jan 9 (NNN-BERNAMA) – Malaysia aims to boost bilateral trade with neighbouring Indonesia, including cross-border investments in a number of key sectors, a Malaysian official said.<\/p>\n\n\n\n
Among areas of interest are pharmaceuticals, aerospace, palm-oil processing, consumer goods, as well as, defence and security, International Trade and Industry Minister, Tengku Zafrul Tengku Abdul Aziz said, in a statement.<\/p>\n\n\n\n
These were reflected in nine Memorandums of Understanding (MOUs) between Malaysian and Indonesian companies, with a total potential investment value of more than 1.6 billion ringgit (363 million U.S. dollars), he said.<\/p>\n\n\n\n
Malaysian Prime Minister, Anwar Ibrahim, is currently on a two-day official visit to Indonesia, his first tour abroad since assuming office last Nov, with trade being high on the agenda.<\/p>\n\n\n\n
Within the Association of Southeast Asian Nations, Indonesia is Malaysia’s second-largest partner in trade and the third-largest source of foreign direct investment.<\/p>\n\n\n\n
Total trade between the two countries was roughly 23 billion dollars in 2021, a 45.5 percent year-on-year increase compared to 2020.<\/p>\n\n\n\n
For the period of Jan to Nov, 2022, bilateral trade had already exceeded 27 billion dollars, approximately 33 percent more than the corresponding period in 2021.– NNN-BERNAMA <\/p>\n","protected":false},"excerpt":{"rendered":"
KUALA LUMPUR, Jan 9 (NNN-BERNAMA) – Malaysia aims to boost bilateral trade with neighbouring Indonesia, including cross-border investments in a number of key sectors, a Malaysian official said. Among areas of interest are pharmaceuticals, aerospace, palm-oil processing, consumer goods, as well as, defence and security, International Trade and Industry Minister, Tengku Zafrul Tengku Abdul Aziz […]<\/p>\n","protected":false},"author":10,"featured_media":206026,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300,286,297],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/206024"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=206024"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/206024\/revisions"}],"predecessor-version":[{"id":206025,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/206024\/revisions\/206025"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/206026"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=206024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=206024"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=206024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}