Malaysia's BRICS entry signals global shift | World Business Watch
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- čas přidán 7. 09. 2024
- According to reports, Malaysia is gearing up to join the BRICS group of emerging economies. Prime Minister Anwar Ibrahim reportedly announced this in an interview with Chinese media outlet Guancha.
#malaysia #brics #china
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![Apa itu BRICS? Kenapa MALAYSIA nak join?! [Ekonomi] Apa kesan pada RAKYAT?!](http://i.ytimg.com/vi/qM-8qB_xFhA/mqdefault.jpg)
The US put too much sanctions all over the place, causing growing concerns in economic integrity, especially for countries like Malaysia which heavily rely on global trade. Not to mention how many times the US and the EU tried to threaten Malaysia and Indonesia exports businesses.
US lose, for being enemy everywhere. this is the most important trade route in the world at Malacca Straits, between China and India. this agreement will benefit everyone, including investors and businessmen.
Still wth I’m.peri.lism mentality - such on both sides of Atlantic
Then you thought China is better?
But not pro dictatorship, non democratic thugs and despots thou
@dimulaidari compared to US? Absolutely, china is infinitely better than them in term of morality and reliability as a partner.
U r already brainwashed by US smear campaign if u still disagree with that statement when more than half of this world's leader (including our own country) already decided to make china their number one trading partner. What? u still arrogantly think that an uneducated pleb like u know more than all those world leader?
I'm with Malaysia. I was there during the 1998 Asian financial crises with they stuck their fingers up at the IMF, world bank, etc and cruised through it. America's imperialism and control of global institutions is over.
@@user-rl3iv2jk9q WTF are you talking about? I simply said, Malaysia was the only country who had the balls to rejected the intl intimidation in 1998 and was proven right. Yanis Varoufakis tried to do the same for Greece and they sack him.
well have fun with 100 year long contract with china, the so called "debt trap"
There are also some disputes among BRICS countries, but this should not become a wall blocking our common development. As a Chinese, I know that China may now be seen as a new threat in other countries, but I know very well that our country's current strategy and intention is not to oppress other countries by force like the West. It also includes the South China Sea issue and the Taiwan issue, which many countries are concerned about. All in all, I hope the BRICS countries can work together for rapid development and treat each other's countries and people with equality and mutual benefit.
Just wtf you talking about,you must be from konoha only know to spread hate, rather than fact.@@user-rl3iv2jk9q
How old are you all in this comment thread? With such usernames, you must be around 50 and above. You don’t know how to edit, huh… Well, except for the “Kevin Guo” guy but he seems to be sex craved - it’s in his username.
Praise Malaysia for joining Brics ❤❤❤
Because all ASEAN knew the sun has set in the west.
Only PH BongBong still with the empire due to family asset are onhold by the empire.
Malaysia will regret it. Just wait and see it’s a never ending of problems after problems. Brics will fall like a stack of cards.
In your dreams @@Justsaying-cg2nz
@@Justsaying-cg2nz hahaha u think u are smarter than so many countries ministers and head of state ? What carrot are u ? Hahaha
@@Justsaying-cg2nz all Brandon project already fail.e.g..where is BBB ?
He is going to fail on Nov 2024 also.
The title should be Malaysia join Brics is to meet all the good and trusted friends there.
Should be this:
Malaysia join Brics to get bankrupt from Chinese debt trap.
Malaysia joining BRICS is the best thing to do.Congratulations.❤
Huh?
Good luck…
Turn dollar to a toilet paper
What a bold and confident decision!
There are also some disputes among BRICS countries, but this should not become a wall blocking our common development. As a Chinese, I know that China may now be seen as a new threat in other countries, but I know very well that our country's current strategy and intention is not to oppress other countries by force like the West. It also includes the South China Sea issue and the Taiwan issue, which many countries are concerned about. All in all, I hope the BRICS countries can work together for rapid development and treat each other's countries and people with equality and mutual benefit.
@@KevinGuo-dg5ex 🤣🤣🤣okay
@@KevinGuo-dg5exThat's a political issue. BRICS clearly a trade and economy block, nothing to do with politics. Territorial disputes are normal with neighbouring countries and can be tamed with regional trade and cooperation. No one wants to enter war in this region beside the USA and his NATO dogs of war.
Clearly, this year will be worse than the previous one. I lost a lot of money last year due to poor investing decisions that I would not have made if I hadn't been so concerned about my portfolio. I kept investing, but I wasn't sure if I should start saving for a home. In the end, I sold my jobs, and the house required more maintenance than I had anticipated. I don't know how much longer I can go on like this.
Everybody has made mistakes in the past. Think about financial security.
A diverse range of exposures, particularly companies that are currently producing cash flows, are essential for your portfolio. I hired a planner in late 2022, and because of their portfolio makeover, I have made well over half a million dollars in profits in ten months across multiple markets. Planning for worst case scenarios should be addressed while things appear to be getting better.
Who is this organizer that you work with?
‘Leah Foster Alderman’ If you search for her online, you'll probably find out more details about her.
I appreciate you sharing, and I emailed her through her website.
congratulation Malaysia. first ASEAN country to being member.
Apply but not sure they will get in this year or not. The decision will be made in Kazan, Russia in a few month's time. They will probably pick 1 or 2 countries from each different region. It could be Thailand or/and Malaysia from ASEAN and the rest could be from Africa, Latin America and Middle East, etc.
Malaysia will be top of the list in asean
Thailand has expressed interest in BRICS earlier than M'sia
Neh, most likely only 1-2 countries in ASEAN will eventually join and be accepted. Malaysia should be top, my guess next is Thailand. That's all.
@@leealex24 Yes. Both have equally good chance as Thailand is also getting much closer to China recently but also need the consent of other BRICS members.
Size country no matter. this location is a KEY for trading and business since ancient times. this is the most important trade route in the world at Malacca Straits, between China and India. this agreement will benefit everyone, including investors and businessman.
As a Malaysian, I think it best to ditch US dollars for trade
Next Malaysia economy will go down further.
US dollar is a ponzi scheme
Yes. Should. No point sticking with the USD.
@@Justsaying-cg2nz No. It will grow and rise further.
They did start such wth China and so within ASEAN countries
new market for Malaysian products
Yes
As well China Product ;-)
Malaysia has a product?😅
@@timawa22 🤣🤣🤣🤣🤣
@@timawa22yes
Wise move by our PM
Personally, a pretty risky move. I dont want to see Western corporations moving out of here. Its essential for us in KL
@@oooshafiqooo BRICS is an economic organization, not political. Look at India, they are part of BRICS too, in fact a founding member.
@@leealex24 true, tho we are a bit different because look at our PM actions before... Pretty concerning
@@oooshafiqoooI hope west company move to their neighbors
@@farthurf.5221 i want to pull up my rage on you for wanting Malaysia economy to fade further into obscurity but i rather not
Brics rocked 🤟 US shocked 🇺🇲😀😀😀😀
RIP Brics
Good luck to BRICS. Let’s find out soon.
People here don’t realize that the World Bank has two main offices. The first one in Washington DC, and the second office since 2016 is in Kuala Lumpur.
Way to go Malaysia.👍Great move.
Asian should make a bold move.
Indonesia, Thailand... and now Malaysia have openly indicated they're interested to join Brics... so who is coming next in Asean?
Certainly Brics would have to consider & to study carefully how to better managed those applications for sake of a more inclusive Brics? 😊
𝘐𝘯𝘥𝘰 𝘭𝘰𝘨𝘪𝘯 𝘖𝘌𝘊𝘋 😁😁
😢phil is left behind our gov. Is stuck with the loosing west
Vietnam is next, maybe Singapore too
Singapore is listed by Russia as a unfriendly countries
@@Gulfnas1 Singapore is more pro-US so mostly not unless there is a shift. Most likely will be Indonesia if they applied officially.
Malaysia needs it. Their economy was hit hard (almost stagnated) due to a string of corruption scandals. Foreign investors are needed to boost the economy.
Malaysia 2023 economic growth was among the best in the world...This year a bit weaken but still good
Hopefully, all ASEAN members join in, it's give more strengthen to BRICS and especially this region, not all ASEAN countries big and rich!
Eventually most countries in ASEAN would join but they will have to queue up as there have been a huge increase in the number of countries wanting to join BRICS. Now, it has 59 countries wanting to join from Africa, Middle East, Eurasia, Latin America, etc and it will grow even more as time goes by.
Phillipines and Singapore are the only ones that cannot join BRICS, i think. Philippines because of how strong their alliance with the US, and Singapore because their currency's strength depends on the strength of the USD. During the Peace Summit few days ago, Philippines and Singapore were the only ASEAN countries that voted in favour of the West.
indonesia already joined OECD, so cannot join BRICS
@@bytebetta it's okay, not mandatory and up to every each government, just a suggestion for our future inter trade, what deal currency if USD fall
Neh, most likely only 1-2 countries in ASEAN will eventually join and be accepted. Malaysia should be top, my guess next is Thailand. That's all.
since Srivijaya maritime era .. India and Cina had been a good trading partnership .
For thousand of years
Until the white 🅰️nglos came and ruined everything 💀
I don't know it seems that they are future rivals. I think their rivalry will run deeper than China's rivalry with the US.
I'm proud being a malaysian 👏
I wish all Malaysians can say the same
Very good idea Malaysia 👍👏👏
Welcome to Chinese debt trap.
@@user-sf5rj7bl2g What about usa debt trap? 😂😂😂😂
@@NiklessV Here's 0.50 RMB for you!
Chinese debt trap is better than the US dollar trap.
ASEAN should create its own currency back by same precious comodities..
Singapore left the chat…
Thailand is first ASEAN member to apply to join BRICS+. The Thai+Msia = 100mil pax = equip to Vietnam (100 mil pax) and Philippines (110 mil pax). Indonesia 280 mil pax.
Philippines won't join. It's controlled by the yanks.
Congratulations Malaysia. . . hopefully bring many benefits to the country and people as well as the country of brics. .
Hidup Malaysia 👍👍👍
PMX ❤
Welcome Sir
🇲🇾🇨🇳 boleh👍
Dan Malaysia akan menjadi Negara Vassalnya Puak Dongzong😃👌
🇲🇾🤝🇷🇺🤝🇧🇷🤝🇨🇳🤝🇿🇦🤝🇸🇦🤝🇮🇳
@@angahsyber68 MH17!
@@dimulaidari MH17 was done by Ukraine. So yeah.
@@oda4766 exactly Ukranian Separatist Milisi that supported by Russia.
Good decision
Great moves, Malaysians!
The goal is to get Singapore to join. The rest will follow
Singapore pm balls already getting grabbed by Syaitanyahu
nah Singapore is a strong western ally I dont think they’ll be allowed to join brics
Singapoere is a snake
SG can join grouping of two consists of PH and SG.
SG won't join BRICS since they get some perks from America. Like access to the coolest F-35 jets.
In the last 12 months…Malaysia ranks above and even amongst top ten of many fronts. We know who did that and with this announcement..
Sooner they gonna unleash their minions to bring down Malaysia.
InsyaAllah we gonna be a lot better after the onslaught.
Brics here we come.
😂😂😂 Ikonomi Malaysia sedang parah, ringgit Malaysia jatuh 4,80sen 1usd, pertubuhan ekonomi cuma 3,9 persen ja, inflasi naik tinggi 1. 8 persen.. Aset kwsp di luar negara di jual oleh nuar, aset penerbangan Malaysia di jual oleh nuar... 😂😂😂
@@Konoha8888parah2nya ringgit parah lagi rupiah cok…mending pagi malay yg dimasukin investor berbondong2 dlm bidang semikonduktor dgn industri ai…indo cuman bisa kasi hadiah kopiko ama mas elon tapi akhirnya memilih malay karna tingkat korupsi yg tinggi dgn tambang pajak ama udang2 gajelas
@@blitzkriegarbeit278blitzkr7semikonduktor udah puluhan tahun ada di Malaysia, bukannya baru masuk... Investor baru banyak yg gak jadi masuk Malaysia ... Yang ada cuma investor lama yg udah puluhan tahun ada di Malaysia... Gak ada yg baru masuk...ikonomi Malaysia tak stabil,, ringgit jatuh paling tinggi 4,80sen.. Inflasi naik 1,8 paling tinggi.. Pertubuhan ekonomi paling rendah 3. 9 persen, pm nuar terpaksa jual aset kwsp di luar negara dan jual aset penerbangan Malaysia.... Jauh beda 2021,, ringgit 3.80sen..pertubuhan ekonomi 7,8 persen..
@@Konoha8888 dari statement kalian mendingnya malaysia dibanding negara2 asean lain kecuali vietnam ama singapore karna bisa ngenambah jumlah pelaburan dadi investor2 lama yg sememangnya udah kenal ama fitrah market di malay….lo bilang gak ada investor baru sedangkan sblm ini gakpernah lagi tesla investasi di malay..apple gakperna investasi di sana bahkan barang2 spare nya pun sblm ini dari tiongkok doang plg nggak nya dari vietnam…skrg ini dgn perang semikonduktor antara amerika ama tiongkok mereka bahkan ngenambah jumlah investasi dan ekspor mereka dimana sblm ini mereka cuman mengeksport krg lbh dpn $9millyar dollar itu sblm penambahan investasi dgn pabrik baru…kalo ditambah pabrik baru ditambah dgn inflasi bisa jadi sekali lipat kalo ganda atau kurang sedikit..itu baru semikonduktor belum lagi sektor AI ama sistem cloud storage
Global turning point. KEY-master is here. Welcome Malaysia.
So far, Indonesia, Thailand and Malaysia from ASEAN region have openly expressed interest to join BRICS+ in the near future. Hopefully, all ASEAN countries would join BRICS+ eventually, so that South East Asia countries will have at least two common interest groups to work together and moving forward, that are ASEAN and BRICS+😎
Actually.. only thailand and malaysia express their intentions to join brics, as for indonesia they already said they would focus on OECD, which funnily dominated by western countries.
@@iqbalimaduddinzulkifli2117 The odd thing is that Malaysia technically should hit "OECD" status earlier than Indonesia. Malaysia maybe have their own strategy.
@@iqbalimaduddinzulkifli2117 caused OECD countries are much less corrupt when it comes to doing business. There are now developed country in BRICS yet and that is a problem. While OECD countries are mostly developed. except Mexico, Turkey, Columbia and Chile. However these countries are less corrupt than most of BRICS members. Plus trading with OECD countries reduces dependence on China.
The more the merrier.
Dangerous
Great news. New geological advantage and positioning for early movers
smart move 👍👍👍
Merci, i hope the other Asean nations will join too.
Bold Malaysian move. Thailand next!
Malaysia Boleh!😅😅😅
Good Malaysia 👍👍👍
Very good news ❤
Great move for Malaysia 👍🏻
Asian countries should shift away from USA..
No, should shift away from China instead.
Russia is European lol
@@user-sf5rj7bl2g agreed 👍
@@ivanexell-uz4mvlook at a map again.
Good move because dollar is a dander to every country
Oh yeah, I’m sure Yuan would be so much better than the dollar 🤦
@@ifardedandshidded5519 Don't rash alternative is coming soon it's matter or 6 months to 1 year
I would not say that. But, it is good to diversify. You dont buy all stocks right? Have some bonds, ETF and property
@@leealex24 yeah, I think having a single world reserve currency is a horrible idea. multiple worldwide economic crises over the last century has proven that. all it takes is one domino to fall and the whole thing comes crashing down. hell, I’m American and honestly I think it’d be best if there wasn’t a single reserve currency, I think having at least a couple viable options is best for everyone
Malaysians are so excited to see Bank Negara going to dump the US$100+ billion reserves for 8+ Trillion Indian Rupees. Joy to the whole nation.
A wise move from the Malaysian prime minister to loosen the shackles from western economic pressure and the tight bond of the US dollar.
Independence to Malaysia 🇲🇾 ✌️
Of course Malaysia is looking for whatever gain it can get from joining any grouping.. that is beneficial to the country.... So no big deal and no issue here..
Very nice move
Our economy is questionable & begins to.have problems with unemployment..illegal immigrants...
Malaysia join brics👍👍👍👍❤❤❤
Malaysia, Thailand, Indonesia will join BRICS soon...
Freedom to palm oil✊🏽👏🏼
Malaysia should open BRICS hq in Putrajaya
Yes pls
I support Malaysia cooperating with the G7 but why the BRICS?
🇲🇾🇲🇾🇲🇾👍🏻👍🏻👍🏻❤❤❤🎉🎉🎉.
Congrats Malaysia. We asian should align our interest with China.
Good luck with China lol
@@snakeph Yes thanks😀. USD wont be missed. Dedollarisation is real.
欢迎马来西亚，我们一起努力，瓦解美元霸权！来自于中国的祝福(马来西亚朋友应该有人看得懂吧)
🇲🇾🤝🇨🇳
Multipolar world is taking shape ...
Multiterror world*
the corrupt club
I hope Malaysia will also make agreements on military deal with China And Russia....
With China? Chinese malaysians would gleefuly accept that and gone will the Malaysia's claim to Spratly because of stronger China's 10 Dssh Lines claim.😂
Small countries like Malaysia have no choice but to play both sides, or get screwed by both sides.
Exactly. This is why Malaysia is joining BRICS so that they have Western backed market and Global south market. They are playing both sides
Malaysia set to join BRICS, says Anwar yesterday.
😂U$A EU suddenly felt Malaysia is lack of "Democracy" & "Human Rights"
I noticed that too.....the usual brickbat from the west - Human Rights in Zhingjian - Ugyur genocide - all false narratives
All Asean is moving forward, while the Phillipines is stuck with American colony 😢
If I’m not mistaken the Philippines is mainly just siding with the US due to territorial disputes in the South China Sea, if China stops fucking around so much down there and can come to an agreement of sorts I doubt the Philippines would have much of a reason to side with the west
@@ifardedandshidded5519 Stop blaming China for their own corruption.
@@ifardedandshidded5519 Dont blame the Chinese, filipino themself chose those harsh road. They lost everything the moment they let the Americans build their military base on their soil.
@@oda4766 same could be said for any country that picks sides with a superpower, they’ll just end up a lapdog
@@oda4766agree with you 100%
Dollars empire slowly crumble to the ground
Not slowly but will accelerate very fast from now onwards.
You’re obsessed and jealous of the Us parents you?😂
Just like pound sterling before usa shit dollar
@@bradleytv9813 Yes. Exactly.
Say no more to USD. World need other options.
And you think Yuan and Ruble are better?
Welcome
Lol it's no longer BRICS if over a dozen countries have joined so far.
Malaysia's leaders are wise!
i just withdraw my investment from US stock market...dollar in danger now
Because all ASEAN knew the sun has set in the west.
Only PH BongBong still with the empire due to family asset are onhold by the empire.
Your knowledge is outdated.
Is it accurate that Argentina has joined?
No. Argentina did not join BRICS.
Well done Malaysia!!
Let’s enjoy popcorn while waiting US to start shaking.
*Uncle Sam already shaking, that's why Uncle Sam keep sanctions other countries.*
US will cowardly enforce sanction to all those countries who join BRICS
And the west is slowly declining...😊
Their products & services not competitive , Expensive!
Not slowly but it's getting faster and faster downhill for them.
In a thousand yesrs you will still say this and there is no evidence
You type this from your old broken down western made computer😂 living in a thatched roof house with only a few thousand dollars to ur name whilst the west is living it up off your sweet sweet tears😂😂😂😂😂😂
@@Horus-j3f One must be blind and extremely naive to turn a blind eye to all the latest world events happening right now.
Sure, keep denying even while all the true facts are pointing to it as it is the only thing US and it's allies can do except creating wars which they are planning and/or doing it now and will doom them even further than ever. 😂😂
god bless 🇲🇾🙏
never
Anyone can join the BRICS, no problem but will Malaysia or any other countries will be accepted to join. I think there are some very rich countries still waiting for the approval sometime now.
China has been trade with us for thousand year.. How long usa trade with 70 year? Usa send a massage to us wanted sanction us because we are not following what they say? Malaysia is not usa lapdog.
Nice.
Jai Hind. If India don't stop the BRICS expansion, regime changes of the Umat2 will stop the global shift.
Malaysian Hindutva. Traitor to own country.
FOR
this is good taking investments from US Tech Company but join BRICS
Malaysia should stay neutral as it goes thousand of years.
BRIMCS??
Philippines should join BRICS. 🇵🇭
They not... Usa lapdog
@@bradleytv9813your ignorance stinks
Jb King favoured ukraine
What is Vietnam's stance on BRICS?
probably like India
Is BRICS also a military alliance?
nope mate, beau brics just for economy trade or other and brics don't have military alliance like nato
Every single country wants their own gains in this dog eat dog world
Just how old is this video clip? So many people still wearing masks ?
Wonderful Malaysia
All import from india malaysia will pay in rupee.. and will rise rupee currency.
Equivalent to seling Malaysia to China No more diaputes just accept what China says
Exactly. Malaysia is falling into a trap.
that would increase China's leverage in the negotiation table
So far BRICS have given funds amounting us 40 billion.
Singapore is screwed. China is going to build a canal (Shipping corridor) in Malaysia ASAP. China's like, Screw Pakistan.
🎉🎉🎉🎉🎉
Congrats Malaysia , I think Indonesia, Singapore and the Philippines will not join BRICS in the near future because these 3 countries have a strong economic alliance with the US, European Union, Korea & Japan as long as China always intervenes militarily in South China. Sea, Indonesia is a Non-Aligned country and choosing to join the OECD, India and China have different interests may be difficult to succeed in the near future
Go Harimau...
Asal masuk tv int ,jalan bukit bintang 😅