Najib launches transformation roadmap
Malaysia’s Prime Minister, Najib Razak, has launched the Government Transformation Programme Roadmap that aims to help Malaysia gain developed nation status by 2020. The roadmap is a framework for efforts to transform the government and improve the delivery of services to the Malaysian people in line with the “1Malaysia, People First, Performance Now” policy. Areas covered by the roadmap include reducing crime and combating corruption, raising the living standards of low income households, improving the infrastructure in rural areas, improving urban public transportation and improving...
February 1st, 2010
Asean nations launch joint tourism campaign
Malaysia has joined forces with the nine other Asean nations to launch a new tourism campaign for the region based around the slogan, “Southeast Asia: feel the warmth.” The campaign will be supported by a dynamic, interactive website SoutheastAsia.org. It will target tourists in medium and long haul markets such as the UK, Australia, India, North America and Hong Kong. The ten participating countries are Malaysia, Brunei, Cambodia, Indonesia, Laos, Myanmar, Philippines, Singapore, Thailand, and Vietnam. Felix J. Cruz, Chairman of the ASEAN Tourism Association told reporters that the campaign...
February 1st, 2010
Ministry wants 10% rise in GDP from patents
Malaysia’s Ministry of Science, Innovation and Technology has set a minimum 10 per cent increase to the country’s Gross Domestic Product (GDP) from patented inventions and innovations this year. Dr. Maximus Ongkili told a press conference that his ministry had set the 10 per cent increase as part of its Key Performance Indicators (KPI). “Compared to the previous year, the ministry expects an increase of 10 per cent contribution to GDP when it comes to patented products this year,” he said. Malaysia is introducing Innovative Year 2010 which will see cooperation from 14 other ministries...
February 1st, 2010
Malaysian healthcare companies target Arab Market
Malaysian companies have sewn up sales worth US$4.19 million at the Arab Health 2010 exhibition in Dubai. Malaysia’s External Trade Development Corporation (Matrade) took 15 health related companies to the event to showcase a range of products and services including pharmaceutical products, herbal supplements and medical kit. As well as firm sales, the companies have another US$30.35 million in potential deals. Matrade’s senior trade commissioner Datuk Dzulkifli Mahmud said, “2010 is a good year for Malaysian healthcare products to enter Dubai and United Arab Emirates (UAE) as well as...
February 1st, 2010
Malaysia-India task force on education to meet
A joint task force set up between India and Malaysia to address higher education issues will meet next month to discuss the equalism of degrees between the two countries. The joint task force was set up last year to ensure a free flow of students between the two countries. India’s Acting High Commissioner to Malaysia B.N. Reddy told reporters that educational ties and collaboration between the two countries were poised for growth, especially after the recent successful visit by Malaysia’s Prime Minister Najib Razak to India. “There are a number of proposals under consideration...
February 1st, 2010
RM470 million investment for internet in Sarawak
The federal government has allocated RM470 million to Sarawak to narrow down Malaysia’s national digital gap in the next five years. Information Communication and Culture Minister Datuk Seri Utama Dr Rais Yatim said he was confident the internet penetration rate for households at the national level could be raised to 50 per cent at the end of the year from only 31.4 per cent currently. “The Ministry, through the Malaysian Communications and Multimedia Commission is convinced that the internet penetration rate can be raised with the development of more facilities such as the Broadband Centre...
February 1st, 2010
New financial blue print from Bank Negara
Malaysia’s central bank, Bank Negara Malaysia, is drawing up a blueprint for the future of the financial sector over the next ten years. Bank Negara Governor, Dr Zeti Akhtar Aziz, said that the current global economic situation was challenging, but Malaysia would continue to ensure that all parts of society have access to financial services. Zeti said financial inclusion measures have seen positive results so far, with the country having among the highest level of deposit and loan accounts in the world. She said that basic banking products and services have been made available at reasonable...
February 1st, 2010
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