GOMBAK: Two men and a woman suffered minor injuries after a lorry rammed into 11 cars and a motorcycle on the Middle Ring Road 2 (MRR2) here.
AS the world braces for a second Trump administration and the spectre of a tariff showdown, leaders from 21 of the Pacific basin’s largest economies gathered in Peru for the Asia Pacific Economic Cooperation summit. This is no trivial affair – Apec member economies account for just shy of two-thirds of global economic output.
On this front, two key shifts are needed. First, if trade openness is to regain its relevance, it must adopt principles of inclusive growth from the outset. This speaks to the core of Prime Minister Anwar Ibrahim’s call at the Apec Economic Leaders’ Retreat, where he urged global leaders to move on from free trade in the traditional sense towards what he termed as “equitable and humane trade”.
Secondly, as global trade uncertainty deepens, trade-friendly nations must now both expand integration with existing partners and look further afield for new trade relationships. On the former, Anwar called on Apec leaders to accelerate efforts towards the realisation of the Free Trade Area of the Asia-Pacific – a long-envisioned trade agreement that would bring together developed and emerging economies across the region.
By leveraging the “equitable and humane trade” framework, Asean can address the region’s internal disparities, ensuring that smaller and less developed member states are not left behind in the race for economic growth. This would mean putting in as much effort to deepen integration as it does towards initiatives that ensure the benefits of trade and investment are broadly shared.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Strong ASEAN-APEC cooperation key to sustainable development, economic integrationLIMA: Strong cooperation between ASEAN and APEC remains a key agenda to ensure sustainable development and stronger economic integration in the region...
Read more »
APEC 2024 theme aligns with ASEAN’s 2025 theme of Inclusivity & SustainabilityKUALA LUMPUR: The theme of the 31st Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Week (AELW) 2024, “Empower, Include, Grow”, aligns with...
Read more »
Gombak residents affected by ECRL-related flooding to be temporarily relocated, says Selangor MBRose played a part in the composition and lyrics of the single.
Read more »
Polis kesan individu curi bateri kereta di GombakPDRM sedang mengesan lelaki yang disyaki mencuri bateri sebuah kenderaan di tempat letak kenderaan Giant Batu Caves, Gombak, Selasa lalu.
Read more »
Gombak trader loses over RM1.6m in non-existent online investment scam via WeChat appSHAH ALAM, Nov 11 — A trader in Gombak suffered losses of over RM1.6 million after he fell victim to a non-existent online investment scam. Selangor police chief Datuk Hussein...
Read more »
Selangor Sultan declares Gombak-Hulu Langat geopark as state’s first national geoparkKUALA LUMPUR: The Sultan of Selangor, Sultan Sharafuddin Idris Shah today officially declared the Gombak-Hulu Langat (GHL) Geopark as the first nation...
Read more »