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Terengganu State Assembly Congratulates Parliament For Organising 46th AIPA
Terengganu State Assembly Congratulates Parliament For Organising 46th AIPA

Barnama

time07-07-2025

  • Politics
  • Barnama

Terengganu State Assembly Congratulates Parliament For Organising 46th AIPA

Prime Minister Datuk Seri Anwar Ibrahim poses for a group photo with the ASEAN Leaders' Interface With Representatives Of ASEAN Inter-Parliamentary Assembly (AIPA) in conjunction with the 46th ASEAN Summit at the Kuala Lumpur Convention Centre on May 26. Also present is the 46th AIPA president Tan Sri Johari Abdul (fifth, left). KUALA TERENGGANU, July 7 (Bernama) -- The Terengganu State Assembly today congratulated the Malaysian Parliament for successfully hosting the 46th ASEAN Inter-Parliamentary Assembly (AIPA). State Assembly Speaker Datuk Mohd Nor Hamzah said the 46th AIPA, organised in conjunction with the 46th ASEAN Summit chaired by Malaysia, was conducted in an orderly, dignified, and commendable manner. 'The House records its full support for this outstanding initiative and prays that the 46th AIPA General Assembly achieves resounding success, further enhancing the stature of Malaysia's legislative institutions at both the regional and international levels," he said in his opening speech at the second meeting of the third term of the 15th State Assembly here today. He said that since the beginning of this year, Malaysia has successfully organised several significant AIPA-related meetings, including the Fourth Meeting of the Coordinating Committee of Women Parliamentarians of AIPA (WAIPA) in Sarawak last April, the Second AIPA Young Parliamentarians Consultation Meeting in Selangor last May, and the AIPA Advisory Council on Dangerous Drugs (AIPACODD) Meeting in Pahang last June. 'These meetings serve as important platforms to deliberate on key issues, such as the role of women and youth, social security, drug-related challenges, and policy coordination that promotes inclusive development and a sustainable ASEAN,' he said. He added that the upcoming 46th AIPA General Assembly, scheduled to take place from Sept 16 to 22 in Kuala Lumpur, which will be the culmination of all preceding consultation sessions, will be a vital avenue for Malaysia to showcase the leadership of its Parliament in advancing the ASEAN Community Vision 2045. -- BERNAMA

Anwar: ASEAN, GCC and China present vast collaborative potential with combined US$24.87 trillion GDP
Anwar: ASEAN, GCC and China present vast collaborative potential with combined US$24.87 trillion GDP

Borneo Post

time27-05-2025

  • Business
  • Borneo Post

Anwar: ASEAN, GCC and China present vast collaborative potential with combined US$24.87 trillion GDP

Anwar delivers his opening remarks during the ASEAN Leaders' Interface with representatives of the ASEAN Inter-Parliamentary Assembly (AIPA), held in conjunction with the 46th ASEAN Summit at the Kuala Lumpur Convention Centre today. – Bernama photo KUALA LUMPUR (May 27): ASEAN, the Gulf Cooperation Council (GCC) countries and China together represent a combined gross domestic product (GDP) of US$24.87 trillion (US$1=RM4.21) and a population of about 2.15 billion, offering vast opportunities to synergise markets, deepen innovation, and promote cross-regional investment, Prime Minister Datuk Seri Anwar Ibrahim said today. 'For the first time, ASEAN, the GCC, and China come together in this unique configuration – three partners, each rich in history, civilisation, culture, and shared aspirations, gather to open a new chapter of dialogue and cooperation,' he said in his opening remarks at the inaugural ASEAN-GCC-China Summit themed 'Synergising Economic Opportunities Towards Shared Prosperity.' Also present were Kuwait's Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah, who is also the president of the current session of the Supreme Council of the GCC; China's Premier Li Qiang; Malaysia's Foreign Minister Datuk Seri Mohamad Hasan; and Malaysia's Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Aziz. In 2023, ASEAN's GDP reached US$3.8 trillion, making it the world's fifth-largest economy. That same year, total trade with the GCC stood at US$130.7 billion, with foreign direct investment (FDI) inflows of US$390.2 million. China, meanwhile, remained ASEAN's largest trading partner with US$696.7 billion in trade and US$17.3 billion in FDI, which indicate immense existing linkages as well as substantial untapped potential. 'I hope this summit will stand as a new chapter in ASEAN's journey of outward-looking engagement, demonstrating what can be achieved when partners work together in mutual respect and shared purpose,' said Anwar, who is also the Finance Minister. He expressed confidence that ASEAN, the GCC, and China can draw upon respective unique attributes, and shape a future that is more connected, more resilient, and more prosperous for generations to come. Among the ASEAN leaders attending today's events were the Sultan of Brunei Sultan Hassanal Bolkiah, Cambodia's Prime Minister Hun Manet, Lao Prime Minister Sonexay Siphandone, Vietnam's Prime Minister Pham Minh Chinh, Philippine President Ferdinand Marcos Jr, Singapore's Prime Minister Lawrence Wong, and Thai Prime Minister Paetongtarn Shinawatra. Also attending were Timor-Leste's Prime Minister Kay Rala Xanana Gusmao as Observer, and ASEAN Secretary-General Dr Kao Kim Hourn. – Bernama anwar ibrahim asean China GCC lead summit

Malaysia's Leadership Under PM Anwar Strengthens ASEAN Cooperation -- Nazir Razak
Malaysia's Leadership Under PM Anwar Strengthens ASEAN Cooperation -- Nazir Razak

Barnama

time27-05-2025

  • Business
  • Barnama

Malaysia's Leadership Under PM Anwar Strengthens ASEAN Cooperation -- Nazir Razak

BUSINESS ASEAN-BAC Malaysia Chairman, Tan Sri Nazir Razak attends the ASEAN Leaders' Interface with ASEAN-BAC Representatives held in conjunction with the 46th ASEAN Summit at the Kuala Lumpur Convention Centre today. Prime Minister Datuk Seri Anwar Ibrahim, leading the Malaysian delegation, delivers his speech during the ASEAN Leaders' Interface with representatives of the ASEAN Business Advisory Council (ASEAN-BAC), held in conjunction with the 46th ASEAN Summit at the Kuala Lumpur Convention Centre on May 26. KUALA LUMPUR, May 27 (Bernama) -- 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.

Anwar urges ASEAN-BAC to propose intra-ASEAN trade measures
Anwar urges ASEAN-BAC to propose intra-ASEAN trade measures

The Sun

time26-05-2025

  • Business
  • The Sun

Anwar urges ASEAN-BAC to propose intra-ASEAN trade measures

KUALA LUMPUR: Prime Minister and Chair of the Southeast Asian bloc, Datuk Seri Anwar Ibrahim, has directed the ASEAN Business Advisory Council (ASEAN-BAC) to submit concrete proposals to boost intra-ASEAN trade, which currently accounts for only about 20 per cent of the grouping's total trade. He noted that his counterparts had expressed a shared desire to unlock the region's full economic potential, underscoring the opportunity to significantly expand intra-ASEAN trade. 'Proposals have been made by Presidents and Prime Ministers, and there is actually no reason why the extent of our inter-ASEAN trade and investments is still limited at this stage, as the potential is enormous. 'So please come up with some very specific proposals on how we can compel policymakers to accept some recommendations,' he said in his opening remarks at the ASEAN Leaders' Interface with Representatives of the ASEAN Business Advisory Council (ASEAN-BAC) here today. Anwar, who is also the Finance Minister said the ASEAN-BAC would also be present at all ASEAN meetings as a standard procedure to express their views and provide suggestions. Heads of State/Government present included Brunei Darussalam Sultan Hassanal Bolkiah; Indonesia President Prabowo Subianto; Cambodia Prime Minister Hun Manet; Laos Prime Minister Sonexay Siphandone; Vietnam Prime Minister Pham Minh Chinh; Philippines President Ferdinand Marcos Jr; Singapore Prime Minister Lawrence Wong; and Thailand Prime Minister Paetongtarn Shinawatra. Also in attendance were Timor-Leste Prime Minister Xanana Gusmao, as observer, and ASEAN Secretary-General Dr Kao Kim Hourn. This year marks Malaysia's fifth time chairing the regional bloc, having previously held the ASEAN Chairmanship in 1977, 1997, 2005 and 2015. In conjunction with the summit, two pivotal high-level engagements — the 2nd ASEAN-GCC Summit and the inaugural ASEAN-GCC-China Summit — will also be convened, serving as strategic platforms to advance regional and inter-regional cooperation.

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