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The Albanese Government is establishing a $2 billion investment financing facility to boost investment in Southeast Asia as part of a suite of economic initiatives announced at the ASEAN-Australia Special Summit in Melbourne.
Australia's two-way investment with ASEAN was worth $307 billion in 2022. Two-way trade with ASEAN accounted for $178 billion in 2022, accounting for 15 per cent of ...

Member News

Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between MMC Group and APM Terminals, today announced the appointment of Mark Hardiman as its new Chief Executive Officer, effective 2nd January 2024.

Member News

January 16, 2024 – ESC today launched its five-year strategic restructuring and expansion plan, “ESC 2.0”. In 2023, ESC celebrated its 20th anniversary and as the company now enters its third decade, ESC 2.0 will enhance its current business framework and introduce new systems and procedures for improved operational efficiency, service delivery and growth.

Asia
Australia
Malaysia

Today I announce the appointment of Ms Danielle Heinecke as Australia’s next High Commissioner to Malaysia.
Australia and Malaysia are close partners, grounded in a shared history of friendship, cooperation and deep people-to-people connections.

Australia
Business
Finance
Malaysia

The Malaysia Australia Business Council (MABC) anticipates the release of the Unity Government’s 2024 budget as an opportunity to take considerable steps towards a sustainable future that is equitable for all Malaysian and the foreign investors currently operating in the country. The budget in the context of the recent medium to long term economic development plans should give a concise view of ...

Business
Finance
Malaysia

MIDA is proud to announce the launch of new funding facilitation initiatives aimed at catalysing Malaysia's industrial growth and fostering economic development. 

Australia
Business

On 8 June 2023, the OECD launched updated Guidelines for Multinational Enterprises on Responsible Business Conduct. The OECD Guidelines, which were first established in 1976, are an internationally agreed set of responsible business conduct standards covering topics such as human rights, the environment, use of technology, anti-corruption and more.

The OECD Guidelines provide useful advice on ...

MABC on News

For the 1st half of this year, Malaysia has attracted 132.6 billion ringgit in approved investments, with the top countries being Singapore, Japan, the Netherlands, and China. Ministry of Investment, Trade and Industry (MITI) Minister Tengku Datuk Seri Utama Zafrul Aziz is confident that approved investments will hit the annual target of 220 billion ringgit. Today we speak with Nordin Abdullah ...

Malaysia

Malaysia attracted RM132.6 billion (USD28.4 billion) of approved investments in services (RM82.4 billion or USD17.6 billion), manufacturing (RM44.9 billion or USD9.6 billion), and primary sectors (RM5.3 billion or USD1.2 billion).

Domestic Direct Investment (DDI) accounted for a substantial 52.2% or RM69.3 billion (USD14.8 billion) of the total approved investments, a commendable 58.2% increase ...

Malaysia

Malaysia Australia Business Council is Committed to Facilitating the Success of Australia’s Southeast Asia Strategy to 2040

Kuala Lumpur, Malaysia 13 September 2023

The Malaysia Australia Business Council (MABC), a member of AustCham ASEAN, is pleased to express its support for the Australian government’s recently announced roadmap for collaboration with the ASEAN nations, Invested ...