In suit, 1MDB alleges Rosmah spent up to RM1.6b using its funds to buy jewellery and handbags from 48 vendors in 14 countries
Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz said investments in Asean can be significantly increased by effectively leveraging three megatrends. — Picture by Yusof Mat IsaKUALA LUMPUR, June 11 — Investments in Asean can be significantly increased by effectively leveraging three megatrends, said Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz.
On the first trend of derisking, Tengku Zafrul said Asean has the potential to become the epicentre of the next phase of growth in the Global South. While this trend enhances Asean’s ability to shape the global economic landscape, he said Asean, and by extension, Malaysia, must be firm on its neutrality and independence.
“Compliance with these frameworks by businesses will directly increase market opportunities and the green competitiveness of Asean products and services worldwide,” he said.
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