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MDEC hopes govt will restore cabotage exemption
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MDEC hopes govt will restore cabotage exemption in cabinet meeting
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Monday, 26 Apr 2021 02:42 PM MYT
BY SOO WERN JUN
Transport Minister Datuk Seri Wee Ka Siong arrives for a press conference in Putrajaya April 5, 2021. Picture by Firdaus Latif
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KUALA LUMPUR, April 26 Former finance minister Lim Guan Eng has once again urged Perikatan Nasional (PN) ministers to reverse the cabotage policy by their transport counterpart Datuk Seri Wee Ka Siong at their Cabinet meeting on Wednesday.
Lim said should the cabotage policy be reverted to the one which was made by Pakatan Harapan transport minister Anthony Loke, the Cabinet will be able to salvage the nation’s digital future, redirecting investments worth RM12 billion to RM15 billion.
KUALA LUMPUR (April 23): The government has set up the Digital Investment Office (DIO) to facilitate digital investments in Malaysia.
In a joint statement, the Malaysian Investment Development Authority (MIDA) and Malaysia Digital Economy Corporation (MDEC) said the establishment of the office was endorsed by the National Council of Digital Economy and Fourth Industrial Revolution (MED4IR) chaired by Prime Minister Tan Sri Muhyiddin Yassin.
The DIO is a fully-collaborative digital platform between MIDA and MDEC, which aims to create awareness of digital investments in the country and strengthen coordination among all investment promotion agencies (IPAs) in promoting and attracting new investments in this fast-evolving segment.
Published on: Saturday, April 24, 2021
By: Bernama
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Kuala Lumpur: With the announcement of the National Investment Aspirations, the government looks totally committed in taking Malaysia to the next level of economic progression by focusing on technology and innovation, said Juwai IQI Global chief economist Shan Saeed
(pic).
In analysing all the successful economies in modern times, one would find that they focused heavily on three key variables, namely technology, innovation and human capital, he said.
“With Malaysia successfully containing the Covid-19 spread, the government needs a strategy to move faster in terms of economic growth; hence this is an ideal strategy to kick-start the economy at a faster pace in the post-Covid landscape.
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