Come and invest in Malaysia, Anwar invites German, European firms

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Come and invest in Malaysia, Anwar invites German, European firms
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Rumours that the American pop star was deep in financial trouble circulated after American website NewsNation reported on March 14 that the 38-year-old Grammy winner had racked up more than US$50mil in debt from gambling.

BERLIN: Datuk Seri Anwar Ibrahim made an open invitation to German firms, as well as businesses across Europe, to engage, invest, and partner with a dynamic, strategic and growing Malaysia.

Held at the Berlin Station and organised by the German Association for Small and Medium-sized Businesses , SME Future Day brings together about 5,000 SMEs with prominent government and corporate figures. Bilateral trade has grown by leaps and bounds, at an annual average of 5.2%. Malaysia continues to be an attractive destination for FDIs with German companies investing EU€8.5bil as of 2023.

In his speech on Wednesday, the premier also said that both countries and their economies are built on a common foundation, which is small and medium enterprises , although Germany’s SME sector is huge.

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