ID :
168041
Mon, 03/14/2011 - 11:59
Auther :
Shortlink :
https://oananews.org//node/168041
The shortlink copeid
ADOPT STRATEGIES TO EXPLOIT OPPORTUNITIES UNDER FTAS, BUSINESS COMMUNITY TOLD
KUALA LUMPUR, March 14 (Bernama) -- Muhyiddin Yassin has urged the
business community in Malaysia to rapidly adopt and strengthen their competitive business models and strategies to exploit the seamless global market opportunities presented under free trade agreements (FTAs).
The Malaysian deputy prime minister said that in an environment where market opening was an on-going process and tariff barriers no longer provided protection, local entrepreneurs must be bold and brave to thrust their presence in both the traditional and non-traditional export markets.
They should also forge strategic business networking and partners to be able to acquire the necessary edge over competitors and effectively penetrate the diverse global markets, he said at the George Kent (Malaysia) Bhd 75th Anniversary Celebration here Monday.
He also called on local companies to find innovative ways to grow rapidly, and locate and acquire potential investments or projects that will bear business success in the short and long terms.