Malaysia investment not at risk – minister

Malaysian-policeman1
Malaysian police forces patroling in Sabah

The ongoing conflict between the Philippines’ Royal Army of Sulu and Malaysian forces in Sabah is not disrupting the overall investment climate in Malaysia, the country’s International Trade and Industry Minister Datuk Seri Mustapa Mohamed said on March 7.

Companies with manufacturing facilities in Sabah have not voiced concern to date over the standoff between the Malaysian security forces and the intruders from Sulu.

“However, the tourism sector may be slightly affected. That is also only at specific areas. My ministry’s office in Kota Kinabalu has informed me that there has been no queries so far but I have asked them to remain alert and to keep me informed,” the minister told told reporters after meeting officials of foreign missions and business councils in Kuala Lumpur.

“Malaysia’s investment climate and bilateral relations between Malaysia and the Philippines remain healthy and excellent,” he said,m adding that the intrusion was only a temporary issue and will be resolved “in the coming days.”

Meanwhile, Sulu Sultan Jamalul Kiram III on March 7 called for a ceasefire with Malaysian forces in Sabah. Kiram was responding to a call by UN Secretary General Ban Ki-moon on Wednesday in which the latter urged an end to the violence and encourage dialogue between the opposing sides.

map-sabah-intruders
Click to enlarge

Kiram sent his followers from their southern Philippine island homes across the Sulu Sea into a remote region of neighbouring Sabah on Borneo island to assert an ancestral claim. At least 28 people, mostly militants, have been reported killed since the stand-off began more than three weeks ago.

Malaysia launched an air and ground attack March 5 aimed at crushing the militants.  But the assault failed to eliminate the insurgents, and Malaysian security forces continue to scour the region of vast palm plantations and jungles for them.

 



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[caption id="attachment_7473" align="alignleft" width="240"] Malaysian police forces patroling in Sabah[/caption] The ongoing conflict between the Philippines' Royal Army of Sulu and Malaysian forces in Sabah is not disrupting the overall investment climate in Malaysia, the country's International Trade and Industry Minister Datuk Seri Mustapa Mohamed said on March 7. Companies with manufacturing facilities in Sabah have not voiced concern to date over the standoff between the Malaysian security forces and the intruders from Sulu. "However, the tourism sector may be slightly affected. That is also only at specific areas. My ministry's office in Kota Kinabalu has informed me that there...

Malaysian-policeman1
Malaysian police forces patroling in Sabah

The ongoing conflict between the Philippines’ Royal Army of Sulu and Malaysian forces in Sabah is not disrupting the overall investment climate in Malaysia, the country’s International Trade and Industry Minister Datuk Seri Mustapa Mohamed said on March 7.

Companies with manufacturing facilities in Sabah have not voiced concern to date over the standoff between the Malaysian security forces and the intruders from Sulu.

“However, the tourism sector may be slightly affected. That is also only at specific areas. My ministry’s office in Kota Kinabalu has informed me that there has been no queries so far but I have asked them to remain alert and to keep me informed,” the minister told told reporters after meeting officials of foreign missions and business councils in Kuala Lumpur.

“Malaysia’s investment climate and bilateral relations between Malaysia and the Philippines remain healthy and excellent,” he said,m adding that the intrusion was only a temporary issue and will be resolved “in the coming days.”

Meanwhile, Sulu Sultan Jamalul Kiram III on March 7 called for a ceasefire with Malaysian forces in Sabah. Kiram was responding to a call by UN Secretary General Ban Ki-moon on Wednesday in which the latter urged an end to the violence and encourage dialogue between the opposing sides.

map-sabah-intruders
Click to enlarge

Kiram sent his followers from their southern Philippine island homes across the Sulu Sea into a remote region of neighbouring Sabah on Borneo island to assert an ancestral claim. At least 28 people, mostly militants, have been reported killed since the stand-off began more than three weeks ago.

Malaysia launched an air and ground attack March 5 aimed at crushing the militants.  But the assault failed to eliminate the insurgents, and Malaysian security forces continue to scour the region of vast palm plantations and jungles for them.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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