9m ago
From Kisho Kumari Sucedaram
BEIJING, May 27 (Bernama) -- As the global economic uncertainty rages on following the United States’ (US) sweeping tariffs, China sees the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur today not merely as a diplomatic gathering but a pivotal moment in the rise of the Global South.
9m ago
By Vikneswaran Raman
KUALA LUMPUR, May 26 (Bernama) — Malaysia has set its sights on expanding trade with the oil-rich Gulf Cooperation Council (GCC) countries after signing a joint statement to initiate negotiations on a Malaysia-GCC Free Trade Agreement (MGFTA) today.
9m ago
KUALA LUMPUR, May 26 (Bernama) -- The 46th ASEAN Summit taking place today and tomorrow at the Kuala Lumpur Convention Centre (KLCC) will discuss the United States’ (US) tariff issue at the bilateral level and between heads of state, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
9m ago
By V. Sankara
KUALA LUMPUR, May 26 (Bernama) -- ASEAN must capitalise on strategic initiatives such as the ASEAN Geo-economics Task Force and the Digital Economy Framework Agreement (DEFA) to narrow its economic gap with major global blocs like the European Union.
9m ago
From Kisho Kumari Sucedaram
BEIJING, May 26 (Bernama) -- The Malaysian Chamber of Commerce and Industry in China (MayCham) is stepping up efforts to strengthen ties with Gulf Cooperation Council (GCC) nations and China, viewing the upcoming ASEAN-GCC-China Summit as a timely platform to position Malaysia as a key investment destination in Southeast Asia.
9m ago
KUALA LUMPUR, May 26 (Bernama) -- Malaysia is in a strategic position to drive cross-regional trade, strengthen regional supply chains, and advance sustainable infrastructure development, taking into account the enormous combined economic scale of ASEAN, the Gulf Cooperation Council (GCC), and China.
9m ago
By Karina Imran
KUALA LUMPUR, May 25 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz today confirmed a Bernama report that Malaysia and oil-rich Gulf Cooperation Council (GCC) countries will sign a Free Trade Agreement (FTA) soon.
9m ago
By Anas Abu Hassan
KUALA LUMPUR, May 25 (Bernama) -- The collective ASEAN gross domestic product (GDP) is projected to grow at 4.7 per cent in 2025 as compared to 4.2 per cent last year, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
9m ago
KUALA LUMPUR, May 25 (Bernama) -- The presence of four major Malaysian banks in the Lao People’s Democratic Republic (Lao PDR) reflects strong investor confidence in the country’s political stability and attractive policies, particularly the way the central bank manages its financial institutions, said Prime Minister Datuk Seri Anwar Ibrahim.
9m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, May 25 (Bernama) – A maritime value chain that facilitates shipping connectivity and secures sea lanes, along with the ability to counter disruptions, is vital for ASEAN, the Gulf Cooperation Council (GCC) countries and China in their quest to consolidate tripartite economic cooperation and integration.
9m ago
By Anas Abu Hassan
KUALA LUMPUR, May 25 (Bernama) -- The 25th ASEAN Economic Community Council (AECC) meeting convened today on the sidelines of the 46th ASEAN Summit with 11 agendas up for discussion among the bloc’s state representatives, with talks focused on deeper cooperation.
9m ago
KUALA LUMPUR, May 22 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a financing agreement with Mac World Food Industries LLC, a subsidiary of Mac World Group, to support its expansion into the Gulf Cooperation Council (GCC) market.