KUALA LUMPUR, Dec 3 (Bernama) -- The Malaysian Institute of Economic Research (MIER) said the partnership to host the Budget Insights Forum: Moving Towards 2025 with the Malaysian Investment Development Authority (MIDA) underscores the country’s efforts to achieve an inclusive and sustainable growth.
The event, held at MIDA Sentral, saw chief executive officers, investors, and policymakers delve into Malaysia's economic outlook ahead of its 2025 ASEAN chairmanship.
MIER executive director Dr Anthony Dass said hosting the event and the event itself “fostered a culture of collaboration and open dialogue between the public and private sectors.”
“The forum offered valuable insights and practical recommendations to help shape Malaysia’s economic strategy, paving the way for a prosperous 2025 and beyond,” he said in a statement today.
MIDA chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the forum was “a significant milestone” for the agency.
“Hosting the inaugural MIDA-MIER Budget Insights Forum is an exciting step for us. This forum united key thought leaders to explore pressing macroeconomic and industrial trends shaping Malaysia's future,” he said.
“As we set our sights on 2025, the insights shared shone the spotlight on the need for strategic foresight in a world of constant change, perfectly aligning with MIDA’s mission to cultivate a resilient and innovative business ecosystem.
“The ideas and conversations sparked here will help businesses and policymakers tackle challenges head-on while uncovering new opportunities for long-term success,” he added.
A panel of moderators and speakers provided a broad view of Malaysia's economic landscape.
The first panel session "Macroeconomic Overview and Implications" delved into global economic dynamics, examining the potential impact of the US presidential election, Malaysia's upcoming ASEAN chairmanship, and the evolving U.S.-China relations.
The session also highlighted Malaysia's position within ASEAN and its position vis-a-vis the BRICS economic sphere.
The second panel session "Industrial Growth and Investment" explored strategies for business development and economic resilience.
Key topics included supply chain optimisation, talent development initiatives, and sustainable business practices, with particular emphasis on Malaysia's digital economy transformation and innovation ecosystem.
-- BERNAMA
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