Business

Malaysia - Thailand strengthen economic ties in high-level finance talks

The two countries set a target for bilateral trade of US$30 billion by 2027, emphasising cross-border trade, halal industries, and rubber exports as key growth sectors

Updated 7 months ago · Published on 08 Mar 2026 10:14AM

Malaysia - Thailand strengthen economic ties in high-level finance talks
Amir meets with Thailand’s Deputy Prime Minister in Bangkok to discuss bilateral trade, regional infrastructure projects, and future economic collaboration - March 8, 2026

MALAYSIA’S Finance Minister II Datuk Seri Amir Hamzah held a bilateral meeting with Thailand’s Deputy Prime Minister and Finance Minister, Dr Ekniti Nitithanprapas, at the Thai Ministry of Finance recently, focusing on current economic developments and strategies to enhance cooperation between the two neighbouring nations.

Accompanying Amir Hamzah was Governor of Bank Negara Malaysia, Datuk Seri Abdul Rasheed Ghaffour, as confirmed in a post on the official X account.

Speaking after the discussions, Amir Hamzah said that Friday’s meeting offered an important platform to deepen relations and expand collaboration between Malaysia and Thailand.

The two countries have set a target for bilateral trade of US$30 billion by 2027, emphasising cross-border trade, halal industries, and rubber exports as key growth sectors.

Strategic infrastructure projects, including the Second Rantau Panjang-Sungai Golok Bridge and the Bukit Kayu Hitam–Sadao Customs, Immigration, Quarantine, and Security (CIQS) corridor, are expected to further stimulate trade, investment, and tourism in the region.

Amir and Abdul Rasheed were in Bangkok to attend the Asia 2050 Conference, organised by the Bank of Thailand in collaboration with the International Monetary Fund.

The conference brought together regional experts, policymakers, and industry leaders to share insights and innovative ideas on future challenges and opportunities across Asia.

The meeting underscores Malaysia’s commitment to strengthening economic ties with Thailand while leveraging regional initiatives to enhance growth and resilience in the ASEAN economic landscape. - March 8, 2026

Spotlight

Education

Fadhlina: Numerous factors considered before any decision made to close schools

Malaysia

Traffic congestion in Bandar Sunway persists into the afternoon

Malaysia

Two people allegedly stabbed in Kepong attack, student faces 20 years in jail

Malaysia

KLIA steps up K9 patrols at peak hours after security incidents

Malaysia

Customs seizes RM162m in drugs, including 460kg hidden in cemetery hut

Malaysia

Fourteen men charged over teenager’s death after alleged two-day ordeal

Malaysia

Instant billionaire? Bank customer finds RM1 billion mistakenly credited to account

Malaysia

Irene Sofiya murder: Accused’s family to take legal action over fake social media posts

World

Indonesia records 277,075 respiratory infections as forest fires fuel haze crisis

You may be interested

Business

SC expands new co-investment fund in 2027 to unlock growth capital for Malaysian businesses

Business

Oil prices rise as Gulf attacks threaten supply recovery

Business

Oil price surge threatens to raise Malaysia’s cost pressures as ringgit steadies