Latest news with #LangkawiInternationalMaritimeandAerospaceExhibition
Barnama
6 hours ago
- Business
- Barnama
Iran Values Ties With Malaysia, Seeks To Expand Cooperation
By Suraidah Roslan and Ahmad Idzwan Arzmi KUALA LUMPUR, July 23 (Bernama) -- Iran remains committed to strengthen its relations with Malaysia and is actively seeking to explore new cooperations across all sectors. Iranian Ambassador to Malaysia Valiollah Mohammadi Nasrabadi said ties between Tehran and Kuala Lumpur have remained strong despite Iran having been under sanctions for 45 years. bootstrap slideshow 'Our relation and cooperation (with Malaysia) are good and of course, among the best that we have. But in terms of the economic cooperation, both countries are trying our best to expand the relationship,' he told Bernama in an interview here, Wednesday. Nasrabadi said the country hopes to expand its cooperation with Malaysia in high value sectors such as medical tourism, in which Iran can offer its advanced technology, and also in the defence and technology industries. He said Iran participated in the Defence Services Asia (DSA) and National Security Asia (NATSEC) exhibition held here last year, along with the Langkawi International Maritime and Aerospace Exhibition (LIMA) last May. He said both countries can deepen their trade ties in the agriculture sector. 'We have a lot of products that maybe Malaysia can import, such as fruit. At the same time, we import many products from Malaysia, including palm oil and cocoa. 'We are good friends so, we must work together and try to achieve good outcome,' he said.
The Sun
04-07-2025
- Business
- The Sun
Malaysia, Italy strengthen defence ties through high-level engagements
ITALY: Malaysia and Italy have reaffirmed their commitment to deepening bilateral ties with a renewed focus on defence cooperation, following a series of high-level meetings in Rome this week. Defence Minister Datuk Seri Mohamed Khaled Nordin, who joined Prime Minister Datuk Seri Anwar Ibrahim for a bilateral meeting with Italy Prime Minister Giorgia Meloni at Palazzo Chigi on Wednesday, said both countries expressed a shared intention to elevate their strategic partnership. 'The meeting underscored the commitment between Malaysia and Italy to strengthen the existing bilateral relationship. 'Several areas were discussed, including expanding cooperation in the defence sector,' Khaled said in a statement on X. He added that Malaysia viewed its defence ties with Italy as an opportunity to boost the domestic defence industry and national security capabilities. 'We hope this good relationship can bring our defence cooperation to a higher level, ultimately benefiting our local defence ecosystem,' he said. In a separate statement, the Defence Ministry (MINDEF) echoed the sentiment, stating that the long-standing relationship between the two countries could pave the way for further development in Malaysia's defence industry. 'The strong rapport between Malaysia and Italy is believed to have the potential to raise our defence sector to new heights. 'This would contribute to the broader advancement of our national defence capabilities.' The bilateral engagement was part of Prime Minister Anwar Ibrahim's official visit to Italy, where he also led discussions with major Italian industry players, including leading defence contractors. In a Facebook post on Tuesday, Anwar said he held meetings with representatives of Fincantieri and Leonardo; two Italian defence giants that recently participated in the Langkawi International Maritime and Aerospace Exhibition (LIMA) 2025. 'These engagements are part of our long-term cooperation outlook, especially in strategic sectors like defence and energy,' Anwar said, adding that he emphasised the need for government-to-government (G2G) partnerships to position Malaysia as a regional maintenance, repair and overhaul (MRO) hub in Southeast Asia. Anwar also met with Italian energy firm ENI to explore collaboration with PETRONAS, underlining Malaysia's position as a reliable and forward-looking investment destination. He stressed that all commitments made during the trip must be followed by tangible actions to ensure planned investments are executed within the targeted timeframe. The Prime Minister's visit and accompanying defence-focused meetings mark a significant step in Malaysia's efforts to strengthen its strategic defence partnerships beyond ASEAN, with Italy seen as a key European counterpart.
The Star
03-07-2025
- Business
- The Star
PM opening doors to long-term deals with Italian financiers
ROME: Datuk Seri Anwar Ibrahim began his second working day in Italy with one-on-one business talks with top business and industrial leaders in strategic sectors like defence and energy. The meeting with Fincantieri and Leonardo, two giant Italian defence firms which took part in the recent Langkawi International Maritime and Aerospace Exhibition (LIMA), had opened doors to long-term ventures. 'I stressed the importance of government-to-government approach to strengthen Malaysia's role as a hub in maintenance, repair and operations,' said the Prime Minister yesterday. Anwar said the session was vital in maintaining Malaysia's position as a stable and reliable investment destination. He met with Fincantieri CEO Pierroberto Folgiero, Leonardo senior marketing and strategic campaign vice-president Tomasso Pani, and ENI CEO Claudio Descalzi, together with PETRONAS president and Group CEO Tan Sri Tengku Muhammad Taufik Tengku Kamadjaja Aziz. During an interactive session with Anwar moderated by Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, several Italian company representatives opened up about why they were looking to invest in Malaysia, with one saying it was because the Asian nation was financially stable and its people 'easy to work with'. 'We have worked with biggies like Abu Dhabi and several cities in China, but Malaysia is almost perfect. It is a hub of the Asia Pacific region and as a country, developed to a very advanced level,' he said. Many attendees agreed, with most lauding the government's efforts in laying down a reliable environment for trade.
The Star
02-07-2025
- Business
- The Star
PM Anwar meets with Italian industry leaders on his second day in Europe
ROME: Datuk Seri Anwar Ibrahim began his second working day in Italy with one-on-one business discussions with top leaders from strategic sectors such as defence and energy. The meetings with Fincantieri and Leonardo, two major Italian defence firms that participated in the recent Langkawi International Maritime and Aerospace Exhibition (LIMA), have opened doors to long-term ventures. "I stressed the importance of a government-to-government approach to strengthen Malaysia's role as a hub in maintenance, repair, and operations," Anwar said on Thursday (July 2). He emphasised that the session was crucial in maintaining Malaysia's position as a stable and reliable investment destination. Anwar met with Fincantieri CEO Pierroberto Folgiero, Leonardo senior marketing and strategic campaign VP Tomasso Pani, and ENI CEO Claudio Descalzi, along with PETRONAS president and Group CEO Tan Sri Tengku Muhammad Taufik Tengku Kamadjaja Aziz. During an interactive session moderated by Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, several Italian company representatives expressed their reasons for investing in Malaysia. One noted that the Asian nation is financially stable and its people are easy to work with. "We have worked with major entities like Abu Dhabi and several cities in China, but Malaysia is almost perfect. It is a hub of the South Pacific region and as a country, developed to a very advanced level," he said. Most participants praised the Malaysian government's efforts in creating a reliable environment for trade.
The Sun
24-06-2025
- Automotive
- The Sun
MOT launches TXA 2025 expo for transport & logistics sector
SEPANG: The Ministry of Transport (MOT) will host the inaugural Transport Expo Asia (TXA) 2025 from November 11 to 13, marking a milestone for Malaysia's transport and logistics sector. The event aims to foster collaboration among policymakers, industry experts, and tech innovators to drive sustainable mobility and trade. Transport Minister Anthony Loke highlighted TXA 2025 as a strategic platform to advance greener transport solutions. 'This expo will shape a more sustainable future for Malaysia's transport infrastructure and trade networks,' he said during the launch at Sama-Sama Hotel. Unlike the Langkawi International Maritime and Aerospace Exhibition (LIMA), which focuses on defence, TXA 2025 will spotlight transport and logistics. The Cabinet approved the event to complement LIMA, with TXA 2026 slated for Q3 next year. Key highlights include the 2025 Road Safety Congress, an annual initiative to enhance road safety awareness. Over 80 exhibitors from smart logistics, automation, and digital cold chains will participate, alongside 3,000 trade visitors, including ASEAN delegates. Themed *'Future On The Move: Digital, Sustainable Transport, Agile Logistics & ESG-Driven Supply Chains,'* TXA 2025 underscores Malaysia's regional leadership in transport innovation.
