US companies pledge 100 bln USD investment in Malaysia
US companies have made investment pledges totaling 100 billion USD in various sectors in Malaysia over the last 18 months, US Ambassador to Malaysia Brian McFeeters said on August 21.
US Ambassador to Malaysia Brian McFeeters said US companies have made investment pledges totalling 100 billion USD (465 billion RM) in various sectors in Malaysia over the last 18 months. (Photo: malaymail.com)
Kuala Lumpur (VNA) – US companies havemade investment pledges totaling 100 billion USD in varioussectors in Malaysia over the last 18 months, US Ambassador to Malaysia BrianMcFeeters said on August 21.
ꦍ According to the ambassador, these are significantinvestments in areas where the US wants to strengthen its presence, namelyelectronics and semiconductor sectors, as well as data centre segment which isa big growth area. US investments are really coming strong into Malaysiabecause during the COVID-19 pandemic,the US found that Malaysia is a key part of the world’s supply chain.
Hesaid a lot of US factories are depending directly on something made inMalaysia, so the two countries have a mutually beneficial economic relationship that has beendeveloped to this day. Theambassador added that most US companies that have invested in Malaysia havealso gained the benefits from latest technologies coming into the country. Meanwhile, Malaysia has been playing a very constructive role in terms ofeconomic integration within the ASEAN region. Healso highlighted that Malaysia has agreed to host the Indo-Pacific EconomicFramework (IPEF) negotiation round which will be held in October this year todiscuss ways of creating a clean economy with renewable energy (RE). Thenegotiation round, he said, will be looking into 21st century issues in areasof how to create a clean economy using more RE and improving the supply chainto avoid another breakdown in the future. He said that thenegotiation round in October is particularly important because by November thisyear, the US is hosting the Asia-Pacific Economic Cooperation (APEC) Leaders’Meeting where the US will announce the results of the discussions. Hopefully, Prime MinisterAnwar Ibrahim will be there because Malaysia is playing a very big part inhosting the negotiation, the ambassador added./.
Malaysia and the US plan to enhance cooperation in a range of fields, including the fight against the growing threat of the self-proclaimed Islamic State (IS) in Southeast Asia.
The US is considering hosting an APEC summit in January 2020 after Chile dropped plans to stage the event, Malaysian Foreign Minister Saifuddin Abdullah said on November 7.
Malaysia and the US have agreed to enhance cooperation in various fields, including cybersecurity, digital economy and technology transfer as well as potential collaboration between entities from the two countries.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
US Ambassador to Malaysia Brian McFeeters said US companies have made investment pledges totalling 100 billion USD (465 billion RM) in various sectors in Malaysia over the last 18 months. (Photo: malaymail.com) 
