Thailand’s investment in Malaysia is expected to increase further based on the keen interest shown by its firms, International Trade and Industry Minister Mustapa Mohamed said Monday.
A 130-member Thai delegation is here to explore potential business opportunities as a result of Prime Miniter Najib Tun Razak's visit to Thailand last year to discuss ways to further strengthen the state of bilateral relations between the two countries.
Mustapa also said that representatives from 15 halal firms from Thailand will be visiting Malaysia in the next two weeks, seeking to leverage on Malaysian expertise in the industry.
He said in another three months, represenatives from the major companies listed on the Stock Exchange of Thailand will make a visit to Malaysia.
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The government is expected to draw on S$53.7 billion (US$40 billion) from its reserves for this year and an additional S24 billion (US$17.8 billion) over the next three years to assist local companies transition into a post-pandemic business environment.
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