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Malta to host 2027 Commonwealth Youth Games

Malta to host 2027 Commonwealth Youth Games

Malta has been selected to host the eighth Commonwealth Youth Games in late 2027, marking a significant milestone in the event’s history. The games will bring together over 1,000 young athletes aged 14-18 from 74 Commonwealth nations and territories, competing across eight sports.

The Mediterranean island nation will introduce two new sports – sailing and water polo – alongside traditional events including athletics, netball, squash, swimming, triathlon, and weightlifting. Notably, the 2027 games will feature the most extensive Para-sport program in Commonwealth Youth Games history, with para-swimming making its debut alongside para-athletics.

The competition will be spread across Malta and the Gozo Islands, utilising existing world-class facilities organised into four main clusters. Two athlete villages will be established using local hotels. Commonwealth Sport President Donald Rukare praised Malta’s athlete-first approach and proven experience in hosting international events, emphasising the games’ role in developing future sporting talent. While specific dates remain to be announced, the selection of Malta aligns with Commonwealth Sport’s strategy to bring the Youth Games to smaller island nations.

Read the original article here: https://www.msn.com/en-in/sports/other/malta-to-host-2027-commonwealth-youth-games/ar-AA1JEr9H?ocid=BingNewsVerp

Malaysia pledges over US$240b in US deals to avert trade fallout, lower tariffs

Malaysia pledges over US$240b in US deals to avert trade fallout, lower tariffs

Malaysia has secured a reduced US tariff rate of 19% through substantial trade agreements valued at over US$240 billion, as announced by Trade Minister Tengku Zafrul Aziz in Parliament. The comprehensive package includes US$150 billion in semiconductor and technology procurement, a US$19 billion Boeing aircraft deal, and US$70 billion in Malaysian investments in the US, along with commitments for coal, LNG, and telecommunications equipment purchases. In return, Malaysia will reduce duties on 98.4% of US imports and ease restrictions on US tech companies.

The new tariff rate aligns Malaysia with most ASEAN nations, while protecting an estimated 100,000 jobs potentially at risk from trade disruptions. While semiconductors currently enjoy tariff exemption, they remain under US national security review. Notably, the Boeing aircraft purchase was clarified as part of a pre-existing fleet renewal strategy rather than a tariff response. The US remains Malaysia’s largest export destination, with exports worth RM198.7 billion in 2024, and it continues to be a significant source of foreign direct investment, at RM32.8 billion.

Read the original article here: https://www.businesstimesintl.com/asean/aseans-qr-linkage-push-go-local-could-chip-away-greenbacks-grip

A bold, innovative and ambitious new direction envisaged for the Commonwealth

A bold, innovative and ambitious new direction envisaged for the Commonwealth

The Commonwealth Secretariat has concluded a series of consultations with its 97 accredited organisations and Board of Governors to shape its strategic priorities for 2025-2030.

Commonwealth Secretary-General Shirley Botchwey outlined her vision for the next five years, emphasizing the need to make democracies and social development more responsive to citizens’ expectations, with key focus areas including driving inclusive economic growth by reforming trade models to benefit a wider consumer base, leveraging distance education to equip Commonwealth youth with digital and entrepreneurial skills, and accelerating the renewable energy transition across member states.

To achieve this vision, the Commonwealth Secretariat will strengthen its advocacy in global forums around three key pillars: democratic resilience by supporting human rights, the rule of law, and electoral integrity; economic resilience by ensuring equitable access to finance and sustainable debt; and environmental resilience by promoting climate action and sustainable resource use. These pillars will be underpinned by initiatives to enhance social inclusion, particularly for youth and women.

The strategic planning process involved input from member countries, staff, and other stakeholders. Proposals under consideration include establishing regional centres and centres of Excellence, as well as reforming high-level government meetings.

Read the original article here: https://thecommonwealth.org/news/bold-innovative-and-ambitious-new-direction-envisaged-commonwealth

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The Ghana Story

The Ghana Story

Commonwealth Chamber of Commerce warmly invites you to join us for a webinar focusing on the opportunities in Ghana across various sectors such as natural resources, tourism, sports, agriculture, ICT and more.

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How does Sharia banking work?

How does Sharia banking work?

The Commonwealth’s Muslim caucus is over 730,000,000 strong, around 40% of the world’s Muslim population – here’s an overview as to how Sharia banking works! The Commonwealth is projected to have a Muslim population of nearly 900 million by 2030 and Islamic Finance...