Trade ties must venture beyond ASEAN's borders - Anwar

6 Nov 2025 • 1:46 PM MYT
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MALAYSIA must look beyond intra-ASEAN trade and expand its global economic networks by attracting high-technology investments, particularly in the semiconductor, digital transformation and artificial intelligence (AI) sectors, Prime Minister Datuk Seri Anwar Ibrahim said today.

Speaking at the launch of Malaysia’s second Semiconductor Integrated Circuit (IC) Design Park, Anwar emphasised that this strategic move was vital to maintaining Malaysia’s position as one of the region’s leading trading nations.

“We must strengthen our networks with the United States because of its strength in that area. Our exports there are high, and so are their imports from Malaysia,” he said.

“Twenty-five per cent of America’s electrical and electronics (E&E) and semiconductor requirements come from Malaysia, valued at nearly RM200 billion. There are thousands of supply chains and tens of thousands of workers involved,” he added.

At the same time, Anwar underscored Malaysia’s balanced foreign policy, stressing the importance of building strong ties with both Washington and Beijing.

“We have what is known as a policy of centrality. Therefore, we maintain good relations with China, a nation that has shown remarkable and rapid growth,” he said.

Earlier, in a separate event, Anwar – in a speech delivered on his behalf by Second Finance Minister Datuk Seri Amir Hamzah Azizan – said the newly launched ASEAN Capital Markets Forum (ACMF) Action Plan 2026–2030 would position the region as a hub for responsible, long-term investment.

The updated ACMF Action Plan, alongside the ASEAN Taxonomy for Sustainable Finance, reflected the region’s shared commitment to credible sustainability standards, aligning regional markets with global expectations, he said at the ACMF International Conference held at the Securities Commission headquarters on Thursday.

“A well-functioning capital market is crucial to mobilising resources, allocating capital efficiently and supporting growth. It must also uphold integrity, accountability and trust,” Anwar added. - November 6, 2025