Malaysia PM seeks deeper economic ties as investment from Pakistan hits $397 million

Malaysia PM seeks deeper economic ties as investment from Pakistan hits $397 million
In this file photo, taken and released by Pakistan Prime Minister Office on October 3, 2024, Pakistan Prime Minister Shehbaz Sharif (right) holds delegation level talks with his Malaysian counterpart, Seri Anwar Ibrahim (4L), in Islamabad. (Photo courtesy: PMO/File)
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Updated 01 April 2025

Malaysia PM seeks deeper economic ties as investment from Pakistan hits $397 million

Malaysia PM seeks deeper economic ties as investment from Pakistan hits $397 million
  • Anwar Ibrahim wants more Pakistani investment in agriculture, petrochemicals and biomass industries
  • He says his government is looking forward to PM Shehbaz Sharif’s official visit to Kuala Lumpur in May

ISLAMABAD: Malaysian Prime Minister Anwar Ibrahim on Monday expressed hope for increased Pakistani investment, noting it had grown to nearly $397 million in recent years, as the two countries look to deepen economic and diplomatic ties.
Ibrahim’s comments came shortly after a phone conversation with his Pakistani counterpart Shehbaz Sharif, during which both leaders exchanged Eid Al-Fitr greetings and reaffirmed their commitment to further strengthen bilateral relations.
Sharif is expected to travel to Kuala Lumpur in May on an official visit, following Ibrahim’s three-day trip to Islamabad last October. That visit saw the signing of several memoranda of understanding between the two sides and the conferment of Pakistan’s highest civilian award, the Nishan-e-Pakistan, on the Malaysian leader.
“This evening, I spoke with my counterpart from Pakistan, Shehbaz Sharif, exchanging and reaffirming our commitment to strengthening Malaysia-Pakistan ties,” Ibrahim wrote in a post on social media platform X. “Our friendship continues to deepen, opening new avenues for cooperation, particularly following my visit to Pakistan last October.”
“Pakistan’s investments in Malaysia have grown to approximately $397 million, and I welcome further investments, especially in agriculture, petrochemicals and biomass industries,” he said.
The two leaders also reviewed collaboration in trade, education and research while agreeing to expedite pending matters to advance shared goals, Ibrahim added.
The Malaysian prime minister said the conversation also covered the ongoing conflict in Gaza, where “Israel’s violations of the ceasefire continue to undermine peace efforts.”
Both leaders discussed coordinated efforts to support reconstruction in the besieged territory and to end the violence against Palestinians.
“I look forward to welcoming Prime Minister Shehbaz on his maiden visit to Malaysia on 9 May,” Ibrahim said, expressing his hope that the partnership would continue to strengthen for the benefit of both nations.
Pakistan and Malaysia have long maintained cordial relations, with both countries working to expand cooperation in various sectors.
The renewed outreach comes as Islamabad intensifies its economic diplomacy to attract foreign investment and revive its struggling economy.


Pakistan to table 27th constitutional amendment in Senate today, law minister says

Pakistan to table 27th constitutional amendment in Senate today, law minister says
Updated 10 sec ago

Pakistan to table 27th constitutional amendment in Senate today, law minister says

Pakistan to table 27th constitutional amendment in Senate today, law minister says
  • A key coalition partner earlier voiced support for three clauses, including one relating to structure of military command
  • The 27th amendment follows 26th amendment, passed in Oct. 2024, which gave parliament role in appointing top judge

ISLAMABAD: The Pakistani government will present the proposed 27th constitutional amendment in the Senate today, Law Minister Azam Nazeer Tarar said on Saturday.

Tarar told reporters in Islamabad a meeting of the federal cabinet, presided over by Prime Minister Shehbaz Sharif through a video link from Baku, discussed key changes under the proposed 27th constitutional amendment.

According to political leaders, the amendment proposes creating a new constitutional court, restoring executive magistrates, revising the distribution of federal revenue among provinces under the National Finance Commission (NFC) and making changes to how senior judges and military leadership appointments are structured within the constitution.

The government had been holding consultations with parties in the governing alliance, including the Pakistan Peoples Party (PPP), the Muttahida Qaumi Movement (MQM) and the Pakistan Muslim League-Quaid (PML-Q), in a bid to secure the two-thirds parliamentary majority required for constitutional changes.

“The things which have been agreed on, after consultations... there has been a consensus over the establishment of a constitutional court,” Tarar said.

“Now the proposal for a separate federal constitution court will be referred to parliament in the form of a bill, and as I said, parliament will decide on it after a debate.”

It has been proposed in the bill that the transfer of judges be handled by the Judicial Commission of Pakistan and provincial cabinet threshold of 11 percent be increased to 13 percent for smaller province like Khyber Pakhtunkhwa and Balochistan, according to the law minister.

Speaking about Article 243, which concerns the structure of the armed forces’ command, Tarar said the recent Pakistan-India war had taught a lot of lessons, including the fact that the contours of war have changed.

“So regarding this, appointments and their processes, which were in the Army Act but could not be discussed at the time of the 1973 Constitution, one of which is the role of the field marshal... it has been deemed necessary to discuss this,” he said.

“It has been suggested that the titles you give to national heroes, this is also a ceremonial title alongside being a rank, so it has been suggested that this should remain with them for lifetime... As far as their command is concerned, it will continue to be regulated as per the law.”

Tarar’s statement came hours after the PPP, a key coalition partner, said it supported amending Article 243, establishing a constitutional court and managing judges’ transfers.

While the draft of the 27th amendment is yet to be tabled in parliament, its most contentious element involves potential revisions to the National Finance Commission (NFC), which determines how federal tax revenue is shared among provinces.

The PPP, which spearheaded the 18th amendment in 2010 to expand provincial autonomy, has consistently opposed any measures that would dilute the financial or administrative powers of the federating units.

“NFC allocations can increase for provinces but cannot be reduced,” PPP Chairman Bilawal Bhutto-Zardari said at a news conference late Friday, stressing that the constitutional protection of provincial financial rights “cannot be compromised.”

The Pakistan Tehreek-e-Insaf (PTI), the main opposition party led by former PM Imran Khan, has vowed to oppose the 27th amendment and demanded full disclosure of the draft before it reaches parliament.

In Pakistan, constitutional amendments have historically been used to reshape the balance of power between the legislature, judiciary and provinces.

The proposed 27th amendment follows the 26th amendment passed in October 2024, which gave parliament a role in appointing the chief justice and created a new panel of senior judges to hear constitutional cases, measures critics said weakened judicial independence.

Pakistan’s constitution, adopted in 1973, has been amended more than two dozen times, often reflecting shifts in authority among civilian governments and the military. Provisions governing the NFC award are among the most politically sensitive because they underpin the country’s federal structure and provincial autonomy.