Partnership between Malaysia and the Philippines set to expand

  • 📰 staronline
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 75%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

PUTRAJAYA: The partnership between Malaysia and the Philippines is set to expand, particularly in the halal industry, where both countries are keen to take effective measures to penetrate international markets, particularly in the Middle East.

The two countries, which will be celebrating 60 years of diplomatic relations next year, have also agreed to intensify efforts to increase trade and investment volume.

"Furthering the discussion on economic cooperation, President Ferdinand Marcos Jr and I also deliberated on avenues to leverage the vast potential of the halal industry, including Islamic finance, to serve as a cornerstone of Malaysia-Philippines economic relations," he said. "We will task the relevant authorities to continue their engagement to expedite the process of signing cooperation documents," he added.

Meanwhile, Marcos said both governments were committed to coordinate efforts to build capacity in the Bangsamoro Autonomous Region in Muslim Mindanao, especially in sectors such as the halal industry, Islamic banking, and food security.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Agong hopes warm relationship between Malaysia and Philippines continues to blossomKUALA LUMPUR, July 26 — Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah has expressed his hope that the warm relationship enjoyed by Malaysia and...
Source: malaymail - 🏆 1. / 86 Read more »

Anti-graft group calls for ‘whistleblower’ protection for teacherTransparency International Malaysia says Putrajaya should protect Nurhaizah Ejab following her testimony against a truant colleague.
Source: fmtoday - 🏆 5. / 72 Read more »

Philippine’s Marcos Jr meets PM Anwar to discuss ways to revitalise bilateral tiesPUTRAJAYA, July 26 — Philippine President Ferdinand Marcos Jr held bilateral talks with Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim in Putrajaya today in conjunction...
Source: malaymail - 🏆 1. / 86 Read more »

Anwar meets Philippine's Marcos Jr to discuss revitalising bilateral tiesPUTRAJAYA: Philippine President Ferdinand Marcos Jr held bilateral talks with Malaysia's Prime Minister Datuk Seri Anwar Ibrahim in Putrajaya in conjunction with his three-day state visit to Malaysia to discuss steps to revitalise bilateral ties.
Source: staronline - 🏆 4. / 75 Read more »