- Malaysia, a pro-Palestinian, majority-Muslim nation has seen Western fast-food brands, including McDonald’s, targeted by boycott campaigns due to Israel’s military actions in Gaza.
- Gerbang Alaf Restaurants Sdn Bhd (GAR), the licence holder for McDonald’s in Malaysia, is currently suing the Boycott, Divestment and Sanctions (BDS) Malaysia movement for alleged defamatory social media posts linking the fast-food chain and other firms to Israel’s “genocidal war” in Gaza.
- McDonald’s Malaysia affirms filing a lawsuit against BDS Malaysia as an act to safeguard its “rights and interests.”
- BDS Malaysia, which campaigns to halt global support for Israel’s “oppression of Palestinians”, refutes the defamation claim and defers to court adjudication.
Mcdonald’s Malaysia’s Legal Action Against BDS Malaysia
In Malaysia, a predominantly Muslim country and a staunch advocator of the Palestinian cause, Western fast-food brands often face boycott campaigns. These campaigns are direct responses to Israel’s military activities in Gaza, prevalent in various Muslim-majority countries including Malaysia.
Mcdonald’s Legal Action And BDS Malaysia’s Response
Currently, Gerbang Alaf Restaurants Sdn Bhd (GAR), the licensee of McDonald’s in Malaysia, has filed a lawsuit against the Boycott, Divestment and Sanctions (BDS) Malaysia movement. The lawsuit pertains to BDS Malaysia’s alleged social media content that associates McDonald’s, along with several other corporations, to Israel’s “genocidal war on Palestinians in Gaza”.
McDonald’s Malaysia has confirmed initiating this legal action against BDS Malaysia as a defensive measure to protect its “rights and interests”. The fast-food giant made this announcement via a press release on Friday.
In a counter argument, BDS Malaysia “categorically denies” any defamation of the fast-food entity and has decided to relinquish the issue to the court for resolution.
BDS Movement’s Aim And The Exchange Rate
BDS is a global movement dedicated to terminating international backing for Israel’s alleged “oppression of Palestinians”. It seeks to pressurise Israel into compliance with international legal standards. The current exchange rate stands at 1 USD = 4.5900 Malaysian Ringgit.
The currency repercussions from these geopolitical events and related boycott movements could sway forex markets, influencing the value of assets in countries like Malaysia with significant ties to the issues at play.