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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEight Australian companies have made commitments to invest in Malaysia, minister saysTengku Zafrul Aziz, Malaysia's minister of investment, trade and industry, discusses the ASEAN-Australia Special Summit and the World Trade Organization's decision to rule in favor of the EU in a palm oil dispute with Malaysia.
Persons: Tengku Zafrul Aziz Organizations: ASEAN, Summit, Trade, EU Locations: Malaysia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEV investments will have a positive spillover effect for Malaysia, minister saysAttracting EV companies "will give spillover effect to the Malaysian companies, the SMEs and Malaysian corporates supplying to this group," Tengku Zafrul Aziz, Malaysia's minister of investment, trade and industry, tells CNBC's JP Ong on the sidelines of the ASEAN summit in Jakarta.
Persons: Tengku Zafrul Aziz, CNBC's JP Ong Organizations: Malaysian, ASEAN Locations: Malaysia, Malaysian, Jakarta
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina continues to be Malaysia's largest trading partner, says Malaysian trade ministerTengku Zafrul Aziz, Malaysia's minister of international trade and industry, says Malaysia is "back on the global investors' radar."
Malaysia is determined to work with both the U.S. and China, Malaysia's trade minister Tengku Zafrul Aziz told CNBC Thursday, amid ongoing tensions between the two economic giants. "The top two investors and trading partners of Malaysia are both China and the U.S.," Zafrul told CNBC's "Squawk Box Asia" in an exclusive interview. "What we're seeing today is Malaysia is back on the global investors' radar screen. And we have had good productive discussions with both investors and companies from China and the U.S.," said Zafrul. He qualified that "China continues to be Malaysia's largest trading partner for 14 consecutive years" and that "China has always been the largest foreign investor into Malaysia."
Singapore's Sea Group turns profitable for the first time
  + stars: | 2023-03-08 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +5 min
Sea Limited's e-commerce arm, Shopee, turned positive adjusted EBITDA for the first time in the fourth quarter of 2022. The group also posted its first-ever positive net income in the quarter. The chairman and group CEO of Sea Limited, said on Tuesday that 2022 was "another year of evolution for us." Shopee and SeaMoneyMeanwhile, e-commerce business Shopee and digital payments arm SeaMoney continued to see strong growth in 2022. Positive EBITDA, or earnings before interest, taxes, depreciation and amortization, refers to the company operating at a profitable level.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDavos panel discusses the trade impacts of China's Covid reopeningCNBC's Karen Tso leads the discussion on global trade and the challenges in supply chains. Malaysian Minister of International Trade & Industry Tengku Zafrul Aziz, Port of Antwerp-Bruges CEO Jacques Vandermeiren and Finland Minister for Development Cooperation & Foreign Trade Ville Skinnari join the panel.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMalaysia's new government is committed to continuing its participation in CPTPP, minister saysTengku Zafrul Aziz, Malaysia's minister of international trade and industry, discusses the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and says the concerns presented to the Cabinet have been addressed.
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