Obama and Najib witness inking of three MoUs


Big partnerships: Najib and Obama watching Sime Darby Berhad president and CEO Tan Sri Mohd Bakke Salleh greet Verdezyne president and CEO Bill Radany during the MoU signing ceremonies.

KUALA LUMPUR: US President Barack Obama and Prime Minister Datuk Seri Najib Tun Razak witnessed the signing of several commercial deals between Malaysian and American companies worth US$2bil (Rm6.45bil) in the aviation, biotechnology and insurance sectors.

The first memorandum of understanding inked at a hotel here yesterday was for a US$1.5bil deal between GE Aviation and AirAsia X Bhd for 80E1 engines to power AirAsia X’s 25 new Airbus A330-300 aircraft.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Perak revenue surpasses RM1.4bil target to reach record high
Govt to review business entry rules as foreign F&B outlets mushroom
Man claims trial to raping minor
Govt's debt servicing charges rose to 16% last year, Parliament told
Malaysian Media Council’s official complaints mechanism now fully operational
Three reports lodged over video of alleged child neglect at daycare
Dr Zaliha is the new Backbenchers Club chairman
Woman, 80, detained over crash that killed policeman
Muay Thai boxer dies after being hit by pickup truck in Gua Musang
PM Anwar begins one-day working visit to Pahang

Others Also Read