Malaysian Minister of International Trade and Industry Zafrul Aziz (Photo: thestar.com.my)
Kuala Lumpur (VNA) – Malaysia can become the automotivehub for the ASEAN market, Malaysian Minister of International Trade andIndustry Zafrul Aziz has said.
In his Facebook post on February 3, he said thisprospect has attracted investors and car companies such as Porsche, KIA,Hyundai, Mini Cooper, Mazda, and BMW to start their operations in Malaysia.
Southeast Asia offers good growth potential andwith policies as well as a good ecosystem, so Malaysia can become an automotivehub for the market.
According to Aziz, the Malaysian government will focus on technicaland vocational educatioꦆn and training 🥃(TVET) to enable more people in thecountry to increase their respective skills.
This will be beneficial for investmentand industry growth in the country, he added./.
According to the Federation of Malaysian Manufacturers (FMM), Malaysia benefits from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with better market access for its exports.
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The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
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The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
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The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
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The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
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The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
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Malaysian Minister of International Trade and Industry Zafrul Aziz (Photo: thestar.com.my) 
