The reactivation of the Malaysia Indonesia Business Council (MIBC) underscores Malaysia's commitment to enhancing its bilateral business relationship with Indonesia, stated Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. The MIBC aims to collaborate with the Indonesia Malaysia Business Council (IMBC) to foster an environment conducive to trade and investment, supporting sustainable socio-economic growth. The council, relaunched with Tan Sri Nazir Razak as chairman, includes representatives from major companies and serves as a platform for addressing economic cooperation challenges between the two nations.