Kuala lumpur: Malaysia must urgently function as an integrated national business ecosystem to ensure economic growth is driven comprehensively and effectively, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said. He emphasized that the government and industry cannot operate in isolation but must work in tandem, particularly in navigating global uncertainties and the current global supply crisis.

According to BERNAMA News Agency, Ahmad Zahid highlighted that the relationship between the government and the business community, including the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), represents a strategic partnership that will shape the future direction of Malaysia's economy. He stated, "The government and industry cannot stand alone. We must move as a national ecosystem that complements, strengthens, and drives growth together. The strength of a nation depends on the ability of all parties to move collectively."

Ahmad Zahid reiterated the government's commitment to ensuring Malaysia remains an efficient, transparent, and responsive business destination. Among the measures being intensified are expediting approval processes, reducing bureaucratic red tape, expanding digitalisation in public service delivery, and ensuring government agencies serve as effective facilitators for businesses. He underscored that even the best policies can fail if implementation is slow, as investors evaluate not only incentives but also the speed of decision-making and a country's ability to resolve issues efficiently.

Despite ongoing global uncertainties, including supply chain disruptions and volatile energy prices, the deputy prime minister expressed confidence in Malaysia's strong economic footing. He noted that the country's trade has surpassed the RM1 trillion mark, economic growth remains steady, and inflation continues to be well-managed. "This momentum continued into the first quarter of 2026, with Malaysia's total trade rising 10.4 per cent to RM789.85 billion compared with the same period last year," Ahmad Zahid said, adding that exports grew by 12.7 per cent to RM426.53 billion, among the highest quarterly performances ever recorded.

However, Ahmad Zahid acknowledged the significant challenges faced by businesses, particularly the impact of fluctuating global energy prices, including oil, which have directly increased operating costs. He asserted that the government cannot afford to merely observe market developments and must play a more active and responsible role to ensure the economy remains resilient and stable.