KUALA LUMPUR: Primary Industries Minister Teresa Kok has expressed hope that more businesses from India will invest in Malaysia and for Malaysian businesses to go to India.
She was commenting on a Reuters report saying the country’s top sugar producer MSM Malaysia, a subsidiary of oil palm plantation firm FGV Holdings Bhd, would step up its purchase of raw sugar from India. Sources described the move as part of efforts to placate New Delhi amid an ongoing spat over palm oil imports.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!