Philippine and Malaysia Relationship
On bilateral trade, Malaysia and the Philippines have enjoyed many years of beneficial economic and expanding trade relations. Total bilateral trade have increased from USD 3.38 billion in 2009 to USD 6.62 billion in 2010. Also, as Philippines’ close neighbour and fellow member of ASEAN, Malaysia has been actively engaged in the on-going efforts to bring peace to the Southern Philippines, in consultation with the Philippines Government and the Moro Islamic Liberation Front (MILF) as well as other parties. Malaysia is currently the Third Party Facilitator in the Peace Process between the Philippine Government and MILF. Malaysia has also been leading the International Monitoring Team (IMT) in Mindanao since it was first deployed in 2004.
MANILA, Philippines – The Malaysian government is gearing up for high value investments and trade with the Philippines to further improve economic relations and maximize the benefits of the ASEAN free trade agreement.
Malaysian ambassador to the Philippines Dato Seri Dr . Ibrahim Saad said during a media familiarization meeting that Malaysian investors are interested in high value investments in the Philippines.
Malaysian investors are more interested now that there is a new government.
“The President said that the Philippines is open for business, we cannot agree more. This is the time to invest and we want high value investments here,” the ambassador said.
He said the there is more room for improvement in the level of bilateral economic relations of the two countries and to maximize the benefits of the ASEAN FTA.
Part of the Malaysian effort is the upcoming top level mission from the construction sector composed of 50 companies representing the Association of Malaysian Architects to the Philippines to look at opportunities in the country.
Har Man Ahmad, Malaysian embassy trade commissioner, said the Malaysia External Trade Development Corp. has been regularly sending trade missions to the Philippines.
“We can enhance the
MANILA, Philippines – The Malaysian government is gearing up for high value investments and trade with the Philippines to further improve economic relations and maximize the benefits of the ASEAN free trade agreement.
Malaysian ambassador to the Philippines Dato Seri Dr . Ibrahim Saad said during a media familiarization meeting that Malaysian investors are interested in high value investments in the Philippines.
Malaysian investors are more interested now that there is a new government.
“The President said that the Philippines is open for business, we cannot agree more. This is the time to invest and we want high value investments here,” the ambassador said.
He said the there is more room for improvement in the level of bilateral economic relations of the two countries and to maximize the benefits of the ASEAN FTA.
Part of the Malaysian effort is the upcoming top level mission from the construction sector composed of 50 companies representing the Association of Malaysian Architects to the Philippines to look at opportunities in the country.
Har Man Ahmad, Malaysian embassy trade commissioner, said the Malaysia External Trade Development Corp. has been regularly sending trade missions to the Philippines.
“We can enhance the