Press Releases

image source from FMT

The Albanese Government is establishing a $2 billion investment financing facility to boost investment in Southeast Asia as part of a suite of economic initiatives announced at the ASEAN-Australia Special Summit in Melbourne.

The Malaysia Australia Business Council (MABC) and the Sarawak Australia Business Chamber (SABC) have formalized a Memorandum of Understanding (MoU) to enhance collaboration and cooperation, with a focus on promoting bilateral trade and investment between Malaysia and Australia. It is a good and timely move in line with the Malaysia spirit of togetherness and getting residents and communities of...

Picture Source: Prime Minister's Office of Malaysia Official Website

MABC recognises the efforts of Prime Minister, Dato’ Seri Anwar Ibrahim in boosting foreign direct investment (FDI) in Malaysia, fostering economic growth, and strengthening the enduring partnership with Australia. Notably, key engagements with Australian Prime Minister Anthony Albanese have continued to advance economic collaboration between Malaysia and Australia, as seen in events like APEC...

MABC also applauds MITI and MIDA’s commitment to bring about further ease of doing business for foreign investors. We look to the future with enthusiasm as the business relationship between Malaysia and Australia continues to be strengthened. We anticipate further investor-friendly policies moving forward and pledge to blend the commitments of the Australian government’s ‘Invested: Australia’s...

Implementing these suggestions will enhance the MABC's and other Business Councils' ability to attract international partners, generating billions of Ringgits in MoUs within a year, resulting in substantial job creation and economic benefits for Malaysia.

MABC is ready to make meaningful contributions to the NIMP 2030 by facilitating bilateral trade, technology and knowledge transfer, investor engagement, skills and workforce development and sustainability and environmental initiatives. MABC is committed to collaborating with relevant Malaysian ministries and institutions to achieve the goal of NIMP 2030.

MABC is excited about the opportunities for Malaysia and Australia that the government’s strategy presents. We eagerly anticipate further discussions and cooperation with the Australian government to make the policies outlined in ‘Invested: Australia’s Southeast Asia Economic Strategy to 2040’ a resounding success. We look forward to seeing its objectives come to fruition.