KUANTAN: Lynas Rare Earths has announced a planned shutdown of its operations in Malaysia, apart from its mixed rare earth carbonate (MREC) processing, according to its December financial quarter report.
RIYADH: Prime Minister Datuk Seri Anwar Ibrahim has proposed an Asean-Gulf Cooperation Council free trade pact to deepen economic and political ties between the two strategic regions.
He said the challenges posed by the current geopolitical climate required that the 10-member bloc of South-East Asian countries and the Middle East to reimagine economic cooperation between them. The CEPA would be crucial in advancing progressive, inclusive and sustainable growth, especially as the regions recover from the Covid-19 pandemic and face geopolitical uncertainties.Anwar, who is also the Finance Minister, said the summit signified that the relations between both regions are at the threshold of a new era of cooperation.
The leaders summit brought together the two prominent blocs made up of the 10 Asean member states and six members of the GCC – Saudi Arabia, Kuwait, United Arab Emirates, Qatar, Bahrain and Oman.
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