Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Malaysia says APEC leaders may still meet in November despite coronavirus

Published 07/25/2020, 07:09 AM
Updated 07/25/2020, 03:45 PM
© Reuters. FILE PHOTO: Malaysia's Minister of International Trade and Industry Azmin Ali reacts during a news conference in Putrajaya

KUALA LUMPUR (Reuters) - Malaysia said on Saturday a November summit of leaders from Asia-Pacific Economic Cooperation (APEC) nations might still go ahead in the capital, Kuala Lumpur, despite the coronavirus pandemic.

New Zealand, which is hosting next year's APEC summit, has said already that it will use virtual platforms to conduct the meeting due to travel restrictions and uncertainty caused by the COVID-19 outbreak.

But Malaysian Trade Minister Mohamed Azmin Ali said the government has not cancelled the meeting of the 21 leaders of the APEC countries that it is due to host in November, even though meetings of other officials will be held virtually.

"The cabinet has also agreed not to rule out a format that would involve physical meeting arrangements for the APEC economic leaders' meetings," he told an online news conference following talks with fellow trade ministers from the bloc.

Malaysia was one of the first countries in Southeast Asia to impose strict lockdown measures to contain the spread of COVID-19.

While it has eased restrictions on movement in recent months, reopening schools and letting businesses resume operations, the number of new cases has been ticking up in recent days

Fearing a new spike in cases, the government is mulling making face masks compulsory in public.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.