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BRICS a new frontier for Malaysian businesses, says Anwar
The Star
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3 months ago
Malaysian companies must be willing to explore new markets and trading opportunities overseas, says Prime Minister Datuk Seri Anwar Ibrahim.
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00:00
Malaysian companies must be bold in exploring new markets and expanding their trade footprint
00:06
globally, says Prime Minister Datuk Seri Anwar Ibrahim. Speaking at a dinner hosted by Yinsen
00:12
Production in Brazil, Anwar urged local businesses to move beyond traditional markets and take full
00:18
advantage of global platforms like Bricks. He said Bricks presents vast potential for
00:22
Malaysian firms, highlighting successful ventures by Petronas and Yinsen Production
00:26
in Brazil's energy sector. Anwar, who is attending the 17th Bricks Leaders Summit at the invitation of
00:33
Brazilian President Luiz Inácio Lula da Silva, shared that Lula was surprised to learn about
00:37
Malaysia's active role in Brazil's energy industry. Malaysia officially became a Bricks partner country
00:43
on January 1, 2025, and is attending this year's summit as ASEAN Chair. Bilateral trade between
00:49
Malaysia and Brazil saw a 14.6% increase, rising to RM20.35 billion in 2024, making Brazil one of
00:56
Malaysia's main trading partners in Latin America.
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