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Malaysia’s Anwar Says Thailand, Cambodia Keen to End Conflict

Financial Post
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Malaysia’s Anwar Says Thailand, Cambodia Keen to End Conflict

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Article content(Bloomberg) — Malaysia’s Prime Minister Anwar Ibrahim said he’s been in contact with the leaders of Thailand and Cambodia, both of whom have said they want to resolve their border clashes as soon as possible.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentForeign ministers from Southeast Asia meeting next week will seek to convince both countries that peace is imperative, Anwar told reporters Wednesday in Malaysia’s administrative capital of Putrajaya. The foreign ministers’ meeting had been scheduled for this week, but was postponed to Dec. 22 following a request from both Thailand and Cambodia.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentAnwar, this year’s chair of the Association of Southeast Asian Nation, has been at the center of efforts to mediate a ceasefire between the two countries, reinforced by a peace accord signed before US President Donald Trump in Kuala Lumpur in October. Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentThe ceasefire was short-lived, though, with clashes along the 800-kilometer border resuming earlier this month, followed by Thai airstrikes on Cambodian military targets. More than half a million people have fled the area because of the fighting.Article contentAnwar also addressed domestic issues in Wednesday’s briefing. He said the government can’t be too dependent on dividend payouts from Petroliam Nasional Bhd. as the state energy giant’s contribution to official revenue will fall with the slump in oil prices. Malaysia will need new business entities to generate more revenues for the government, he said.Article contentPetronas is expected to contribute 20 billion ringgit ($4.9 billion) to state coffers in 2026, down 38% from this year’s payment, the Finance Ministry said in October. Article contentAnwar also doused speculation he may call an early election, saying his priority was on implementing reforms and addressing cost of living issues for Malaysians. An election would be “better later,” he said. Article contentElections in Malaysia are due by early 2028.Article contentTrending The Federal Reserve’s rate cut was a clear signal to investors Investor McKinsey plots thousands of layoffs in consulting slowdown Work Expect 'dramatically higher' oil prices in 2026, says Eric Nuttall Oil & Gas Bank of Canada wants to make stablecoins 'good money,' Macklem says Finance Garry Marr: How raiding your TFSA before the end of year could save you thousands Personal Finance Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.

The Federal Reserve’s rate cut was a clear signal to investors Investor McKinsey plots thousands of layoffs in consulting slowdown Work Expect 'dramatically higher' oil prices in 2026, says Eric Nuttall Oil & Gas Bank of Canada wants to make stablecoins 'good money,' Macklem says Finance Garry Marr: How raiding your TFSA before the end of year could save you thousands Personal Finance

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Source: Financial Post