Kuala Lumpur (VNA) - Malaysia aims for 4.5 to 5.5 percent annualeconomic growth and become a high-income country by 2025.
Prime MinisterIsmail Sabri Yaakob revealed the goals on September 27 as he tabled a sweepingfive-year development plan, to be debated and voted on in parliament. The blueprintaims to guide the country go through the economic ravages of the COVID-19pandemic, though the fight against the virus is far from over and the premierhimself stressed the government's financial constraints.
However, since March 27, 2020, Malaysia has launched eight economic stimuluspackages to support residents with a total value of up to 530 billion ringgit(about 126 billion USD) and has succeeded in stabilising its economy.
After four consecutive quarters ofdecline, in the second quarter of 2021, Malaysia's economy grew 16.1 percent overthe same period last year. It is expected that the government's financialsituation will improve sharply in 2023.
Prime Minister Ismail added that Malaysia targetsan average annual per capita income growth of 6.4 percent from 2021 to 2025, from42,503 ringgit in 2020 to 57,882 ringgit in 2025. At that time, Malaysia will join the list of high-income countries./.
The current health and economic crisis caused by the COVID-19 pandemic has caused 580,000 households in the M40 group (middle income) to drop in rank to B40 group (low income), according to Malaysian Prime Minister Ismail Sabri Yaakob.
Economic activity in Malaysia and India next year is expected to recover faster than previously forecast, although these two countries have been among those hardest hit by the COVID-19 pandemic in recent months.
Malaysian Prime Minister Ismail Sabri Yaakob has announced that tourism centres, islands and interstate travel will be allowed to reopen with the condition of achieving 90 percent adult vaccination.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
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.
In Kuala Lumpur (Photo: Reuters) 
