Business, markets and economy news from Malaysia.
Malaysia is stepping up efforts to conduct foreign trade settlements in local currencies rather than US dollars, with Prime Minister Anwar Ibrahim pointing to successful bilateral arrangements with China as a blueprint for regional economic expansion.
Malaysia has formally declared its support for Türkiye's aspiration to achieve ASEAN Dialogue Partner status, citing the country's growing strategic importance to Southeast Asia and expanding bilateral cooperation.
Prime Minister Anwar Ibrahim held talks with Russian President Vladimir Putin in Kazan, focusing on deepening energy cooperation and increasing bilateral trade through local currency arrangements amid geopolitical shifts.