ANTHONY ALBANESE, PRIME MINISTER: Good morning. It's fantastic to be here in Korea for the APEC Leaders’ Summit and it's been a busy time already. Yesterday, going to the memorial to pay tribute to the Australians for whom Korea is their final resting place, but also, to show respect to the more than 17,000 Australians who fought as part of the UN forces during the Korean War.

ANTHONY ALBANESE, PRIME MINISTER: I'm very pleased to have arrived here in Korea for the APEC Summit. One in four of Australian jobs depends upon trade, and 75 per cent of Australia's trade is with APEC nations. This is the fastest growing region of the world in human history. And this week will be an opportunity for me to advance Australia's national interests. Shortly, I will also visit Australian war graves here at the cemetery. Some 281 Australians are laid to rest here.

ANWAR IBRAHIM, PRIME MINISTER OF MALAYSIA: Prime Minister Anthony Albanese and ministers and colleagues, thank you very much. I've said this earlier that Prime Minister Albanese has been a good friend. You’ve been very supportive of our ventures and my meetings with him have been very fruitful, very candid, very open and both of us have really committed to enhance bilateral relations in terms of serious trade, investment ventures and this decision of Monash University to operate from TRX City the prestigious area is something very impressive.

Thank you, Prime Minister Anwar, for hosting this 5th annual ASEAN-Australia Summit and for your generous hospitality as the ASEAN Chair this year.

Australia and Malaysia are great friends.

As we celebrate 70 years of diplomatic relations, we can reflect on the remarkable partnership that exists between our two nations.

Across trade and tourism, our education sector and our growing business to business connections, the Australia-Malaysia relationship is going from strength to strength.  

Among all the distinguished guests who have joined us here today, can I acknowledge Minister for Higher Education Zambry.

Monash University Vice Chancellor, Professor Pickering.

Monash University Malaysia President, Professor Adeeba.

And Lendlease CEO and Australia’s Business Champion for Malaysia Tony Lombardo.

It is a great pleasure to be with you for the launch of Monash’s innovative new campus right here in the heart of Kuala Lumpur.

Prime Minister Anthony Albanese met Indo-Pacific leaders at the 5th ASEAN-Australia Summit and the 20th East Asia Summit in Kuala Lumpur, Malaysia.

Australia is working with ASEAN partners to shape a peaceful, stable and prosperous region. Prime Minister Albanese joined other leaders in welcoming Timor-Leste’s accession to ASEAN as its 11th member.

ANTHONY ALBANESE, PRIME MINISTER: I've just had the enormous pleasure of meeting young people from throughout the ASEAN region who are receiving support with the Australian Leaders Dialogue Program that we have with ASEAN, bringing together people from all of the countries of ASEAN to engage with each other, and importantly, as well, to engage with Australia. They visited Parliament House just a few weeks ago, and I got to see them there when they were walking around Parliament and engaging in Canberra.

Australia warmly congratulates Timor-Leste on its accession as the 11th member of the Association of Southeast Asian Nations (ASEAN).

Prime Minister Anthony Albanese marked the occasion with Prime Minister Xanana Gusmão and ASEAN leaders at the 47th ASEAN Summit in Kuala Lumpur.

This is an important milestone for ASEAN and a significant step for Timor-Leste’s regional integration and economic development. It is a credit to both ASEAN’s and Timor Leste’s sustained efforts over many years.

ANTHONY ALBANESE, PRIME MINISTER: Good morning. Well, it's been a big 24 hours. A day ago, some of you were with me at Uluru in Central Australia. And now here we are in Malaysia for the ASEAN Summit, including of course, the East Asia Summit that will be conducted this afternoon. Southeast Asia is one of the fastest growing regions in the world. And one of the things that I spoke about this morning was that Australia used to speak about the tyranny of distance from our markets in the United Kingdom, in the United States and in Europe.

The Albanese Government has today announced two milestone investments to boost Australia’s economic engagement with Southeast Asia, supporting new opportunities for Australian investors and businesses.

The Government will invest AUD$175 million in IFM Investors’ Asia-Pacific Debt Fund and USD$50 million in a new Southeast Asia Public-Private Partnership (PPP) investment fund established by Australian infrastructure specialist Plenary.