The Japanese business community is eager to know full details of Malaysia’s New Economic Model and the progress made in the various economic corridors, especially Sarawak Corridor of Renewable Energy. This was revealed during a recent interview by Japan’s Nikkei Business with Deputy Prime Minister Tan Sri Muhyiddin Yassin. Basically, he said, Japanese investors were not only keen to make a one-time investment in Malaysia but also expanding it on the future potentials the country could offer. “Malaysia has established itself as the most advanced Muslim country in setting the halal standard, which is very stringent,” he said. The areas in which Japanese businessmen are interested include food, products and services can be labelled as halal, halal pharmaceuticals and cosmetics, tourism and Islamic finance. Over the last five years, Malaysia’s trade with Japan recorded an upward trend.
TRADE BETWEEN JAPAN AND MALAYSIA
TRADE BETWEEN JAPAN AND MALAYSIA