April 27, 2026
World
World
WASHINGTON, April 27 — A man accused of targeting US administration officials at a Washington event has been arrested after allegedly opening fire, injuring a Secret Service agent.
KUALA LUMPUR, June 17 — Prime Minister Datuk Seri Anwar Ibrahim said that for Malaysia to achieve its goal of becoming a high-income nation, it must adopt adaptable policies, build strong institutions, and maintain a clear, strategic direction.
Speaking at the Sasana Symposium 2025, Anwar highlighted that the Madani Economic Framework embodies the country’s aspirations for high-income status through a dual commitment.
“Firstly, our industrial policies must be modernised to enhance sectoral competitiveness, promote digital transformation, support green growth, and improve value chain integration.
“Secondly, economic growth must be inclusive, with its benefits reaching vulnerable and underserved communities,” he said.
Anwar noted that the Madani reform agenda takes a whole-of-nation approach, focusing on five key areas: fiscal sustainability and governance, targeted subsidy rationalisation, tax reform, human capital development, and institutional integrity.
He emphasised that subsidy rationalisation would be targeted rather than across-the-board, ensuring that aid reaches those who truly need it. Similarly, tax reform is necessary to broaden the country’s revenue base, strengthen enforcement, and reduce leakages—without burdening the lower-income groups.
Anwar also stressed the importance of collaboration between the government and private sector in realising the high-income economy goal.
“While we are proud to attract major investments and advanced technologies from companies like Infineon, Nvidia, Google, and AMD, we must also enhance our workforce through digital upskilling and labour market reforms,” he said.
On the regional stage, Anwar reaffirmed Malaysia’s commitment—as Asean chair this year—to promoting deeper economic integration rooted in inclusive, resilient, and sustainable development. He said strengthening intra-Asean trade and investment, alongside strong ties with global partners, remains a priority.
“We still rely on the United States for trade and investment, while also strengthening ties with China and other regional players. We are actively working to advance the EU-Malaysia and EU-Asean free trade agreements,” he added.
Digital transformation, Anwar said, is a central pillar of Malaysia’s long-term strategy. National blueprints such as the Digital Economy Blueprint, Financial Sector Blueprint, and the Capital Market Master Plan serve as guiding frameworks for building a resilient and future-ready economy.
During the event, Anwar also launched the Digital Asset Innovation Hub, aimed at encouraging financial innovation by allowing applicants to test new solutions in a regulated environment and provide feedback to help shape regulatory and security frameworks.
