Brics a new frontier for M'sian businesses
He said they must be willing to explore trading opportunities overseas and not solely rely on traditional markets.
He also praised Malaysian companies Petronas and Yinson Production for...
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Barnama
39 minutes ago
- Barnama
PM Anwar Meets Top Officials From Shanghai-based New Development Bank, Eyes Possible Membership
From Arul Rajoo Durar Raj RIO DE JANEIRO, July 6 (Bernama) -- Malaysia will conduct a comprehensive review of potential membership in the New Development Bank (NDB), taking into account various aspects, including the required commitments and the effectiveness of participation in the institution, said Prime Minister Datuk Seri Anwar Ibrahim. He made the statement after holding a meeting with senior officials of the NDB - formerly known as the BRICS Development Bank - here today. Anwar met the Shanghai-based NDB delegation, led by its president Dilma Rousseff, on the sidelines of the BRICS Leaders' Summit being held here. As a multilateral development bank established by developing countries, the NDB offers a competitive financing alternative, in line with Malaysia's aspiration to diversify infrastructure development sources and accelerate the transition to a green economy. "Malaysia will thoroughly review the possibility of joining the NDB, taking into account various aspects, including the required commitments and the effectiveness of participation in the institution," he said in a statement here. The Prime Minister also took the opportunity during the meeting to congratulate Rousseff on her reappointment and expressed Malaysia's openness to exploring potential cooperation with the NDB within the framework of sustainable development, infrastructure financing, and the strengthening of South-South cooperation. NDB is a multilateral development bank established by the BRICS nations. It currently has 11 members, namely Brazil, Russia, India, China, South Africa, Bangladesh, the United Arab Emirates, Egypt, Algeria, Colombia and Uzbekistan. Malaysia's participation in the summit is in its capacity as a BRICS Partner Country and as Chair of ASEAN 2025. Malaysia officially became a BRICS Partner Country on Jan 1 this year. — BERNAMA
New Straits Times
an hour ago
- New Straits Times
Anwar meets top officials from Shanghai-based New Development Bank
RIO DE JANEIRO: Prime Minister Datuk Seri Anwar Ibrahim today met officials from the New Development Bank, formerly referred to as the BRICS Development Bank. Anwar met the Shanghai-based NDB delegation, led by its president Dilma Rousseff, on the sidelines of the BRICS Leaders' Summit being held here. NDB is a multilateral development bank established by the BRICS nations. It currently has 11 members, namely Brazil, Russia, India, China, South Africa, Bangladesh, the United Arab Emirates, Egypt, Algeria, Colombia and Uzbekistan. Malaysia's participation in the summit is in its capacity as a BRICS partner country and as Asean chair. Malaysia officially became a BRICS partner country on Jan 1 this year.
Barnama
2 hours ago
- Barnama
PM Anwar Meets Top Officials From Shanghai-Based New Development Bank
From Arul Rajoo Durar Raj RIO DE JANEIRO, July 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today met officials from the New Development Bank, formerly referred to as the BRICS Development Bank. Anwar met the Shanghai-based NDB delegation, led by its president Dilma Rousseff, on the sidelines of the BRICS Leaders' Summit being held here.
