Latest news with #ASEAN-GCC-ChinaSummit2025
The Sun
27-05-2025
- Business
- The Sun
Malaysia strengthens role as strategic hub for ASEAN-GCC-China
KUALA LUMPUR: Malaysia continues to strengthen its role as a key facilitator in fostering closer economic ties between ASEAN, the Gulf Cooperation Council (GCC) and China through a series of strategic engagements held in conjunction with the ASEAN-GCC-China Summit 2025 here today. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said Malaysia, as Chair of ASEAN 2025, remains committed to enhancing regional economic diplomacy that is inclusive, forward-looking and people-centric. 'Among the key highlights were bilateral meetings with delegations from China, including the Guangzhou Industrial Holdings Group and the China Council for the Promotion of International Trade. 'I also welcomed investment delegations from the United Arab Emirates (UAE), including the Abu Dhabi Investment Authority, as well as from the Qatar Chamber of Commerce and Industry,' he said in a statement today. Discussions focused on strategic sectors such as logistics, halal industry development, artificial intelligence (AI), automotive and green energy. Ahmad Zahid also chaired an engagement session between government delegations and business communities from Saudi Arabia and China, which focused on expanding bilateral investments, with Malaysia positioned as a strategic investment hub for the ASEAN region. 'This initiative further strengthens Malaysia's role as a key facilitator in linking the economies of ASEAN, the GCC and China in a more holistic and targeted manner. 'Today's sessions reflect strong international investor confidence in ASEAN, a region with over 680 million people and a combined GDP exceeding US$3.6 trillion, making it one of the world's fastest-growing and most strategic markets,' he said. He added that Malaysia is not only hosting the summit but also demonstrating leadership by offering a stable investment environment, investor-friendly government policies and a clear, sustainable economic vision. Ahmad Zahid expressed confidence that the close ties forged through the summit would drive job creation, high-value economic development, and the expansion of regional and global trade networks. 'I believe the outcomes of this collaboration and consensus will contribute directly to a more dynamic and sustainable economic future for Malaysia,' he added.
Barnama
27-05-2025
- Business
- Barnama
Malaysia Strengthens Role As Strategic Hub For ASEAN-GCC-China
GENERAL KUALA LUMPUR, May 27 (Bernama) -- Malaysia continues to strengthen its role as a key facilitator in fostering closer economic ties between ASEAN, the Gulf Cooperation Council (GCC) and China through a series of strategic engagements held in conjunction with the ASEAN-GCC-China Summit 2025 here today. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said Malaysia, as Chair of ASEAN 2025, remains committed to enhancing regional economic diplomacy that is inclusive, forward-looking and people-centric. 'Among the key highlights were bilateral meetings with delegations from China, including the Guangzhou Industrial Holdings Group and the China Council for the Promotion of International Trade. 'I also welcomed investment delegations from the United Arab Emirates (UAE), including the Abu Dhabi Investment Authority, as well as from the Qatar Chamber of Commerce and Industry,' he said in a statement today. Discussions focused on strategic sectors such as logistics, halal industry development, artificial intelligence (AI), automotive and green energy. Ahmad Zahid also chaired an engagement session between government delegations and business communities from Saudi Arabia and China, which focused on expanding bilateral investments, with Malaysia positioned as a strategic investment hub for the ASEAN region. 'This initiative further strengthens Malaysia's role as a key facilitator in linking the economies of ASEAN, the GCC and China in a more holistic and targeted manner. 'Today's sessions reflect strong international investor confidence in ASEAN, a region with over 680 million people and a combined GDP exceeding US$3.6 trillion, making it one of the world's fastest-growing and most strategic markets,' he said. He added that Malaysia is not only hosting the summit but also demonstrating leadership by offering a stable investment environment, investor-friendly government policies and a clear, sustainable economic vision.
The Sun
27-05-2025
- Business
- The Sun
Malaysia's leadership under PM Anwar strengthens ASEAN cooperation
KUALA LUMPUR: Malaysia's leadership under Prime Minister Datuk Seri Anwar Ibrahim has been a unique strength in bringing ASEAN leaders together to discuss and address regional issues collaboratively. ASEAN Business Advisory Council (ASEAN-BAC) Malaysia chair Tan Sri Nazir Razak said that amid a sea change of leaders across ASEAN, Anwar seems very well connected with all of them. 'He (Anwar) is like the one person who's very close to all (ASEAN country leaders), and we look to that unique ability to bring them together so that we can close on some key decisions, such as bringing down non-tariff barriers, greater empowerment to the ASEAN Secretariat and policy changes. 'It can be done, but you need leaders, and sometimes they need to spend that political capital to get things done,' he said in a press conference at the ASEAN Business Forum 2025 Curtain Raiser here today. Nazir added that he is optimistic about ASEAN now, as the region currently has a new momentum. He said the external environment has given it more of a push, hence the ASEAN chairmanship is expected to produce many positive outcomes. According to a joint statement by the organisers, ASEAN Business Forum 2025, organised by CGS International Securities Malaysia Sdn Bhd in collaboration with MBSB Bhd and OCBC Group, will be held at the St Regis Hotel on May 29 in conjunction with the 46th ASEAN Summit 2025 and the ASEAN-GCC-China Summit 2025. Co-hosted with the Malaysian Investment Development Authority (MIDA) and ASEAN-BAC Malaysia, the forum is expected to draw more than 500 attendees, comprising over 200 foreign and local corporates, policymakers and corporate captains representing the region's largest companies of over RM1 trillion in market capitalisation. 'A key highlight of the forum is the corporate engagement and business exchange session designed to drive real business collaboration between pre-screened and pre-selected matching parties from the top 25 corporations and investors across ASEAN and China. 'It will also feature more than 20 speakers and panellists for discussions and closed-door meetings between investors and policy makers, all focused on addressing challenges and catalysing opportunities for high-value deals and strategic partnerships for regional economic growth,' it said.
