ASEAN economy to expand 5.6 percent annually: Malaysian PM


Kuala Lumpur, Nov 20 (IANS): The ASEAN economy is expected to expand 5.6 percent through to 2019 with the implementation of the ASEAN Economic Community (AEC), Malaysian Prime Minister Najib Razak said here on Friday.

Addressing at the ASEAN Business and Investment Summit 2015, Najib said that with the impending establishment of the AEC, he is confident that the foreign direct investment inflows will continue to increase in the future, Xinhua reported.

"I am confident we can sustain the expansion of our respective economies, bringing prosperity and higher standards of living for all of our people," he said.

He added that more economic opportunities and employment will be created in ASEAN, which will continue to be an attractive destination for business and investors.

Najib also underlined the importance of the role played by public-private partnerships and private sector in stimulating the economy, referring to the private sector as the driving force to unleash the full potential and create more wealth.

  

Top Stories


Leave a Comment

Title: ASEAN economy to expand 5.6 percent annually: Malaysian PM



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.