Business, markets and economy news from Malaysia.
Malaysia's Defence Minister Mohamed Khaled Nordin has reaffirmed the government's unwavering commitment to its non-recognition policy towards Israel, defending recent expulsions of Israeli nationals and brushing aside calls from US lawmakers to suspend military training assistance.
Foreign Minister Datuk Seri Mohamad Hasan has clarified that Malaysia's delegation visit to Myanmar in May does not constitute recognition of the junta, emphasising it was part of ASEAN's strategy to maintain dialogue channels while upholding the Five-Point Consensus.
Malaysia's Foreign Minister has dismissed concerns about the management of the Humanitarian Trust Fund for Palestinians, emphasizing that the fund operates under strict government controls and regular audits by the Auditor-General.
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Prime Minister Anwar Ibrahim has reaffirmed Malaysia's commitment to strategic independence, arguing the nation need not align exclusively with the US, China, or India despite mounting geopolitical pressures.
Prime Minister Datuk Seri Anwar Ibrahim has expressed optimism about reports of an initial breakthrough between the United States and Iran, characterising the development as encouraging news for international stability and world peace.