The encouraging economic expansion seen at present is due to the expansionary fiscal policy via the 2022 Budget, a monetary policy that has remained accommodative, as well as the full reopening of the economy and national borders, said Malaysian Prime Minister Ismail Sabri Yaakob on August 30.
Malaysian Prime Minister Ismail Sabri Yaakob (Photo: VNA)
Kuala Lumpur (VNA) - The encouraging economic expansion seen at present is dueto the expansionary fiscal policy via the 2022 Budget, a monetary policy that hasremained accommodative, as well as the full reopening of the economy andnational borders, said Malaysian Prime Minister Ismail SabriYaakob on August 30.
Malaysia's 8.9% GDP growth is the bestin Southeast Asia, he said in the televised National Day message.
The momentum of economic recovery is not justabout GDP growth but also the recovery of the job market as well, where theunemployment rate has gone down from 5.3 % in May 2020 to 3.8% in June 2022.
The same day, Malaysian Finance Minister ZafrulAbdul Aziz said the country will spend about 17.88 billion USD on subsidies in2022 to maintain inflation goal.
In seven months of thisyear, Malaysia’s inflation stood at 2.8%, within the central bank’s targeted rangeof 2.2-3.2% this year. He added that Malaysia’s inflation will be o🌊ne of theworld’s lowest thanks to subsidies./.
Malaysia’s semiconductor industry, which takes up 13% of global chip assembly and testing market share, is set to benefit from the US CHIPS and Science Act.
The Thai government has reiterated its plan to build a bridge across the Kolok River in Sungai Kolok district to boost border trade and tourism ties with Malaysia.
Malaysia's government will present its budget for 2023 to parliament on October 7, earlier than originally scheduled, law minister Wan Junaidi Tuanku Jaafar has said.
The Ministry of Tourism, Arts and Culture of Malaysia has adjusted up the target on tourist arrivals in 2022 to 9.2 million with tourism receipts of 26.8 billion RM (5.98 billion USD) as the country has almost met the initial target of 4.5 million.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
Malaysian Prime Minister Ismail Sabri Yaakob (Photo: VNA) 
