Thailand SEZ: Malaysia PM Anwar pitches involvement of startup, private companies to Thai foreign minister

In an effort to boost investment, a recent Malaysian proposal to Thailand could see private companies and startups become involved in the creation of special economic zones ( SEZs ) in the kingdom’s southern regions.

The proposal was made available to Thai Foreign Minister Maris Sangiampongsa during a kindness visit on August 6 according to Prime Minister Anwar Ibrahim.

Their role, both from start-up and private companies, may draw more investment into the SEZ.

In a post on Facebook the following morning, he wrote,” In fact, I also suggest that Kelantan take the opportunity to construct businesses along the Sungai Golok, which is located along the boundary between Malaysia and Thailand.

Mr. Anwar and Mr. Maris also discussed the outcomes of Mr. Anwar’s and Mr. Maris ‘ working encounter with Thai Prime Minister Srettha Thavisn at Sungai Golok, Thailand, and Rantau Panjang, Kelatan, on August 3.

The leaders spoke about the food and foam industries during the working visit.

Mr. Anwar and Mr. Maris discussed dredging the Sungai Golok river in order to address flooding issues in his Instagram article.

This would be beneficial for the areas that are located near the border of the two nations, which almost always experience flood issues.

Mr. Anwar also emphasized Malaysia’s devotion to the Southern Thailand Peace Dialogue Process.

He added that “both countries have agreed for Malaysia to sponsor the sixth Annual Consultation on September 19, 2024.”

Malaysia is a mediator of peace talks that have amounted to decades of fight that erupted in the southern regions of Narathiwat, Yala, Pattani, and pieces of Songkhla.

Mohd Rabin Basir, a former director-general of the National Security Council, was appointed as the new South Thai Peace Dialogue Process’s fresh Malaysian authorities mediator effective on July 1.

In 10 of the country’s 10 provinces, the Thai government has made significant progress in creating Special SEZs. These are &nbsp, spread across the counties of Chiang Rai, Narathiwat, Tak, Nong Khai, Trat, Kanchanaburi, Mukdahan, Songkhla, Sa Kaeo and Nakhon Phanom.

Songkhla and Narathiwat borders Malaysia.

The president’s initial push for the SEZ scheme was motivated by the government’s belief that the 10 areas have a strong potential for trade, investment, and economic ties with neighboring countries.

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Indonesia launches China-built anode plant for EV batteries

JAKARTA: Indonesia’s President Joko Widodo on Wednesday inaugurated a flower built by China’s BTR New Material Group and Singapore’s Brilliant Purchase that will make anode materials for EV batteries. According to the Coordinating Ministry of Maritime and Investment Affairs, the firms invested US$ 478 million in the plant, which willContinue Reading

Thai politician ‘highly confident’ ahead of possible ban

When Thailand’s election committee requested the MFP’s dissolution in March, Pita’s political career was hampered by the government’s best court. Following a previous decision by the judge, the party’s commitment to reform the imperial lese-majeste law sounded like an attempt to overthrow the democratic king. According to Human Rights Watch,Continue Reading

Commentary: Possibility of Trump 2.0 should push China to recalibrate foreign policy

NOT ALL DOOM AND GLOOM

Trump 2.0, which is currently at a traditional small, is widely believed by China watchers as a worsening of bilateral ties between the country’s two largest economies. If Trump is elected, he has previously stated in interviews that he would consider imposing yet higher tariffs on Chinese imports.

A prospective Trump administration may not be all doom and gloom from the perspective of China, but it is understandable.

First of all, the Taiwanese administration has long believed that whoever wins the White House, Trump or Kamala Harris, will likely not have a significant impact on relationships. When China wants to concentrate on strengthening its domestic market, the best they may wish for is stabilizing the relationship.

In many ways, Trump’s personal transactional approach to US management in foreign affairs could function in China’s behalf geopolitically. Trump reaffirmed his long-held reservations about protecting Taiwan in the event of an invasion from the Chinese mainland in a new interview.

Trump 2.0 might ease Beijing’s view on the Taiwan issue, which Beijing views as the most significant crimson line in diplomatic relations.

Trump’s risk to establish higher tariffs on Chinese imports may have a significant impact on China’s imports and production, but it should be understood that he would pursue everyone who has a trade deficit with the US, including the European Union.

Additionally, his repeated warnings to NATO allies to improve their defense spending, which Trump advisers have reportedly suggested may cause Washington and these European countries to grow more tense.

All of this could give China a much-needed opportunity to challenge Washington’s cobbled together effort to counteract Beijing’s alleged rising and forceful effect.

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Bangladesh Nobel winner Yunus to lead interim government

Haid Islam, one of the Kids Against Discrimination leaders who took part in the meeting, claims that Yunus will hold the position of deputy consultant. Shahabuddin agreed that the time state” may be formed within the shortest day” possible, Islam told investigators. Islam described the appointment as “fruitful”. Nevertheless, thereContinue Reading