KUALA LUMPUR, July 13 (NNN-Bernama) —\u00a0The reactivation of the Malaysia Indonesia Business Council (MIBC) signifies Malaysia\u2019s commitment to strengthen its bilateral business relationship with Indonesia, said\u00a0Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz.<\/p>\n\n\n\n
He said the ministry expects MIBC’s collaboration with the Indonesia Malaysia Business Council (IMBC) to feed into and support both nations\u2019 policy efforts towards cultivating an environment that nurtures and enhances trade and investment flows, paving the way for both countries\u2019 broad-based, sustainable socio-economic growth and prosperity.<\/p>\n\n\n\n
Tengku Zafrul and Indonesian ambassador to Malaysia Hermono witnessed the relaunch of MIBC yesterday with Nazir Razak as its new chairman.<\/p>\n\n\n\n
The new council comprises representatives from Permodalan Nasional Bhd, Maybank, CIMB, Kuala Lumpur Kepong, AirAsia and TheLorry.com as well as individual members. The National Chamber of Commerce and Industry Malaysia serves as MIBC’s secretariat.<\/p>\n\n\n\n
The council was originally set up in 2002 under a memorandum of understanding between Malaysia and Indonesia and serves as a platform for the Malaysian private sector to address and resolve challenges related to economic cooperation between both countries.<\/p>\n\n\n\n
It is dedicated to fostering a positive business climate that supports existing businesses while attracting new economic opportunities between Malaysia and Indonesia.<\/p>\n\n\n\n
MIBC\u2019s Indonesian counterpart is the IMBC, chaired by Pak Eko Putro Sandjojo, formerly Indonesia\u2019s Villages, Development of Disadvantaged Regions, and Transmigration Minister.<\/p>\n\n\n\n
—\u00a0NNN-BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"
KUALA LUMPUR, July 13 (NNN-Bernama) —\u00a0The reactivation of the Malaysia Indonesia Business Council (MIBC) signifies Malaysia\u2019s commitment to strengthen its bilateral business relationship with Indonesia, said\u00a0Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz. He said the ministry expects MIBC’s collaboration with the Indonesia Malaysia Business Council (IMBC) to feed into and support both nations\u2019 […]<\/p>\n","protected":false},"author":30,"featured_media":228469,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/228768"}],"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\/30"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=228768"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/228768\/revisions"}],"predecessor-version":[{"id":228818,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/228768\/revisions\/228818"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/228469"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=228768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=228768"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=228768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}