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The region is destined to be the “world’s next economic powerhouse”, but Australia’ strade and investment have not kept pace with that growth, the Prime Minister said, before jetting off to Manila and then New Delhi for the G20.

Southeast Asia is a centre of global activity and business, and one of the fastest-growing regions in the world. The strategy outlines how Australia can seize the vast opportunities our diverse and vibrant region presents. It also describes what Australia can offer our region, as a trusted and reliable partner.

With the region expected to continue its strong economic growth (at a forecast compound average growth rate of 4 per cent to 2040), the purpose of this strategy is to make recommendations that will see our economic ties deepen and broaden. While Australia is closely engaged in the region, including through a network of trade agreements, we can do more to boost trade and investment. Australia'n ...

The New Industrial Master Plan 2030 (NIMP 2030) was launched by the Prime Minister, YAB Dato’ Seri Anwar Ibrahim, at the Ministry of Investment, Trade & Industry (MITI) today. The Deputy Prime Minister (I), YAB Dato’ Seri Dr. Ahmad Zahid Hamidi and Minister of Investment, Trade, and Industry, YB Senator Tengku Datuk Seri Utama Zafrul Aziz were also present at the launch, along with several other ...

Bank Negara Malaysia Governor Datuk Abdul Rasheed Ghaffour said, “In the second quarter of 2023, global growth was modest. While the labour market remained resilient, growth continued to be weighed by higher interest rates and elevated inflation. China’s growth came in below expectation, despite benefiting from low base from the lockdown back in 2Q 2022.
“Global headline inflation continued to ...

The Albanese Government's new international development policy will advance Australia's interests in a peaceful, stable and prosperous Indo-Pacific and ensure we are a partner of choice for our region.

The new long-term policy – the first in almost a decade – will drive the Government's aid investments in tackling regional challenges like poverty, economic growth, healthcare, infrastructure ...

The recent visit by the Hon. Penny Wong, Australia’s Minister of Foreign Affairs and Trade has contributed to the advancement of the business ecosystem that exists between Malaysia and Australia. The high-level meetings that took place which included the Prime Minister, YAB Dato’ Seri Anwar Ibrahim are testimony to the mutual respect accorded between Malaysia and Australia.

“I am thrilled to join ISKL and I am most excited to participate in the wide range of activities and clubs offered there,” said ISKL Pathways Scholarship recipient Dharnita Chandrasekaran.

KUALA LUMPUR: Australia is committed in forging new cooperation in sectors such as digital, data storage and analytics, health, financial services, renewables, hydrogen and energy transition says Australia’s High Commissioner to Malaysia Dr Justin Lee (pic).