{
  "id": 11681800,
  "title": "Malaysia aims for economic resilience over efficiency amid global uncertainties, says Tengku Zafrul",
  "url": "https://urgent.news/2026/10/03/malaysia-aims-for-economic-resilience-over-efficiency-amid-global-11681800",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-03T12:11:37.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/malaysia/2026/10/03/malaysia-aims-for-economic-resilience-over-efficiency-amid-global-uncertainties-says-tengku-zafrul/237577"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR, Oct 3 — Malaysia has shifted its economic focus from efficiency to resilience, as the country continues to outperform growth forecasts despite global uncertainty, according to the Malaysian Investment Development Authority (Mida). Mida chairman Datuk Seri Tengku Zafrul Abdul Aziz emphasized the need for Malaysia to be prepared to seize clear opportunities while remaining resilient to unpredictable shocks. Key fiscal reforms, such as fuel subsidy rationalisation and the Fiscal Responsibility Act, have strengthened Malaysia's public finances. Tengku Zafrul highlighted the importance of economic reform being matched by compassion, ensuring the vulnerable are safeguarded while building national capacity. He encouraged lifting incomes by aligning wages with productivity, creating higher-paying jobs, and boosting entrepreneurship. Tengku Zafrul addressed the changing trade routes and the impact of artificial intelligence (AI) on the workforce, stating that Malaysia's young population could become an economic dividend if it translates into higher productivity, innovation, high-value jobs, and new businesses. He urged the investment flowing into the region and country to create high-income jobs, skilled young engineers, and small and medium-sized enterprises connected to global supply chains. Tengku Zafrul concluded by emphasizing that capital should build stronger firms, and technology should build better skills.",
  "summary": "KUALA LUMPUR, Oct 3 — Malaysia’s economic focus has shifted from pursuing efficiency to building greater res...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "Tengku Zafrul: Malaysia has shifted from efficiency to resilience amid global uncertainty",
        "url": "https://urgent.news/2026/10/03/tengku-zafrul-malaysia-has-shifted-from-efficiency-to-resilience-amid",
        "published": "2026-10-03T11:23:27.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "Malaysia aims for economic resilience over efficiency amid global uncertainties, says Tengku Zafrul",
        "url": "https://urgent.news/2026/10/03/malaysia-aims-for-economic-resilience-over-efficiency-amid-global",
        "published": "2026-10-03T12:11:37.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}