Latest news with #economicStability
Malay Mail
3 days ago
- Business
- Malay Mail
Malaysia prepared to lead Asean in 2025, says Anwar, pledging economic stability despite global headwinds
KUALA LUMPUR, June 2 — Malaysia remains steadfast in facing various global challenges and continues to play a role as the catalyst and leader of regional diplomacy through its Asean 2025 Chairmanship, said Prime Minister Datuk Seri Anwar Ibrahim. He said although the world is facing various challenges, including geopolitical tensions and trade tariffs, Malaysia remains firmly anchored. 'Malaysia is among the earliest countries to act in protecting the interests of industry and businesses and the welfare of the people.'Comprehensive and inclusive strategic measures have been taken, with the involvement of various parties to ensure the country remains economically stable and competitive,' he said this in his congratulatory speech at the 2025 Federal Awards, Medals and Honours conferment ceremony in conjunction with the birthday of His Majesty Sultan Ibrahim, King of Malaysia, at Istana Negara today. — Bernama
Times
19-05-2025
- Business
- Times
Defence bond is the way to boost armed forces spending
Europe now faces its biggest military threat to peace since the Cold War without being able to count on US backing — and with the opening stages of a trade war triggered by President Trump making a global slump possible. These events have overtaken the fiscal rules Labour promised at last year's election. Rachel Reeves, the chancellor, has rightly enforced economic stability after years of Conservative government economic failure but emerging geopolitical turmoil requires fresh innovation. Germany has drastically changed its fiscal rules, amended its constitution and committed itself to much higher defence spending, paid for in part by increased borrowing, along with a ten-year €500 billion (£420 billion) fund to boost infrastructure investment. EU leaders have pledged €800 billion to boost military spending by
