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Home  >>   Daily News  >>   Malaysia News  >>   Trade  >>   Malaysia pursues increased trade with Africa
NEWS UPDATES Asean Affairs        20  June 2011

Malaysia pursues increased trade with Africa

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The need to boost trade and investments between Malaysia and Zimbabwe, Swaziland and Uganda took center stage in discussions during bilateral meetings with the respective heads of state, Prime Minister Datuk Seri Najib Tun Razak said.

"Generally, we spoke about increasing trade and investments. There is a decrease and we have to reverse the trend," he said when asked on issues discussed during his bilateral meetings on the sidelines of the Ninth Langkawi International Dialogue (LID).

Najib had bilateral meetings with Zimbabwe President, Robert Mugabe, Prime Minister of Swaziland, Barnabas Sibusiso Dlamini, Vice-President of Uganda, Edward Sekandi, and Kenyan Vice-President, Stephen Kalonzo, here today.

The Prime Minister said Malaysia was trying to woo more students from the African continent to study here.

"We are also trying to encourage Malaysian companies to invest in the countries participating in LID," he said.

This, however, depends very much on the political and business climate, he said, adding that Zimbabwe felt that it was a matter of perception.

"Zimbabwe has to do a lot more to assuage the concerns of Malaysia's potential investors," he said.

Asked about a company said to have done a feasibility study in Tanzania but did not take up the job, Najib said the government cannot force private companies to take up businesses.

"Many feasibility studies do not turn into business options and propositions. Probably, the project was not viable, it could have a problem relating to land (acquisition) or even the company faced financial constraints," he added.

 


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ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 

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