ID :
182401
Mon, 05/16/2011 - 11:01
Auther :
Shortlink :
https://oananews.org//node/182401
The shortlink copeid
MALAYSIAN PM NAJIB'S US WORKING VISIT AN IMPORTANT BRIDGE TO WORLD FINANCIAL CENTRE
From D. Arul Rajoo
NEW YORK, May 16 (Bernama) -- Prime Minister Najib Tun Razak's
working visit to the United States, beginning Tuesday, is significant as it
will provide Malaysia an important bridge to the world's biggest financial
centre and the path to the world economy.
Malaysian Ambassador to the United States Jamaluddin Jarjis said
it was important for the country to engage with the world and strengthen its
networking as it embarked on a major transformation programme at home.
"To bridge is to the US. That is why the Prime Minister will be
here, especially, to launch the Invest Malaysia 2011 at the New York Stock
Exchange (NYSE) which is just not the financial centre of the US but also the
world," he said at a briefing for Malaysian journalists here Monday.
Najib, who is currently on a working visit to Britain, is expected to arrive
here at 1.15am Tuesday with his wife Rosmah Mansor.
Jamaluddin said Najib was scheduled to launch and deliver a keynote address
at the Invest Malaysia 2011 conference the same day.
The idea to hold Invest Malaysia at the largest stock exchange in the
world was mooted by Najib when he visited the NYSE, last Sept, in a move to
attract US investors into the Malaysian market as well as other markets in the
Southeast Asia region.
The US was Malaysia's fourth largest trading partner in 2010, with total
trade amounting to RM117.32 billion (US$36.43 billion) compared with RM109.21
billion (US$31.03 billion) registered in 2009.
Describing the New York conference as historic and unprecedented,
Jamaluddin said normally such events were organised by investment banks and the
business community but this time the NYSE had agreed to play host and the prime
minister was availing himsef to engage with top investors.
He said many corporate figures, investors and hedge fund managers are
looking forward to hear from the premier himself on the initiatives and
transformation programmes undertaken by his administration as Najib steers the
country towards a high-income nation.
Najib's busy schedule in New York would also include meetings with several
industry captains, among them, the Chief Operating Officer of NYSE Euronext,
Lawrence Leibowitz, and a roundtable and luncheon with the US Chamber of
Commerce.
Forbes President and Chief Executive Officer Steve Forbes will host a
private dinner for the Prime Minister on Tuesday.
Besides meeting corporate leaders on Tuesday, Najib will also chair
the inaugural meeting of the Global Science and Innovation Advisory Council for
Malaysia (GSIAC) at the New York Academy of Sciences (NYAS).
"It will be a good opportunity for the Prime Minister to listen to the views
of some of the people who have transformed the United States and the world. This
is a good chance to listen to ideas and knowledge," he said.
The GSIAC is a joint initiative between the Malaysia Industry-Government
Group for High Technology (MIGHT) and NYAS in pursuit of transforming Malaysia
into a high-income economy through enhancing Malaysia's capabilities in science
and innovation.
The 194-year-old academy has 25,000 members in 140 countries, including
Nobel prize winners and heads of companies.
On Wednesday, Chairman and Chief Executive Officer of Dow Jones and Company
Les Hinton will meet Najib, who will also hold individual meetings, with the
Executive Vice President of Motorola Gene Delaney, Chief Executive Officer of
CitiGroup Vikram Pandit, Senior Vice President and Managing Director Partner of
IBM Frank Kemand Jand President/CEO of AIG Consumer Jeff Hayman.
Later in the day, the premier will witness the signing of a number of
memorandums of understanding (MoUs) between General Electric and AirAsia X,
Universiti Putra Malaysia and University of Maryland and Malaysia's Ministry of
Health and University of Maryland.
Universiti Putra Malaysia (English: Putra University, Malaysia or UPM, is a
leading research intensive public university located in central Peninsular
Malaysia, close to the capital city, Kuala Lumpur.
NEW YORK, May 16 (Bernama) -- Prime Minister Najib Tun Razak's
working visit to the United States, beginning Tuesday, is significant as it
will provide Malaysia an important bridge to the world's biggest financial
centre and the path to the world economy.
Malaysian Ambassador to the United States Jamaluddin Jarjis said
it was important for the country to engage with the world and strengthen its
networking as it embarked on a major transformation programme at home.
"To bridge is to the US. That is why the Prime Minister will be
here, especially, to launch the Invest Malaysia 2011 at the New York Stock
Exchange (NYSE) which is just not the financial centre of the US but also the
world," he said at a briefing for Malaysian journalists here Monday.
Najib, who is currently on a working visit to Britain, is expected to arrive
here at 1.15am Tuesday with his wife Rosmah Mansor.
Jamaluddin said Najib was scheduled to launch and deliver a keynote address
at the Invest Malaysia 2011 conference the same day.
The idea to hold Invest Malaysia at the largest stock exchange in the
world was mooted by Najib when he visited the NYSE, last Sept, in a move to
attract US investors into the Malaysian market as well as other markets in the
Southeast Asia region.
The US was Malaysia's fourth largest trading partner in 2010, with total
trade amounting to RM117.32 billion (US$36.43 billion) compared with RM109.21
billion (US$31.03 billion) registered in 2009.
Describing the New York conference as historic and unprecedented,
Jamaluddin said normally such events were organised by investment banks and the
business community but this time the NYSE had agreed to play host and the prime
minister was availing himsef to engage with top investors.
He said many corporate figures, investors and hedge fund managers are
looking forward to hear from the premier himself on the initiatives and
transformation programmes undertaken by his administration as Najib steers the
country towards a high-income nation.
Najib's busy schedule in New York would also include meetings with several
industry captains, among them, the Chief Operating Officer of NYSE Euronext,
Lawrence Leibowitz, and a roundtable and luncheon with the US Chamber of
Commerce.
Forbes President and Chief Executive Officer Steve Forbes will host a
private dinner for the Prime Minister on Tuesday.
Besides meeting corporate leaders on Tuesday, Najib will also chair
the inaugural meeting of the Global Science and Innovation Advisory Council for
Malaysia (GSIAC) at the New York Academy of Sciences (NYAS).
"It will be a good opportunity for the Prime Minister to listen to the views
of some of the people who have transformed the United States and the world. This
is a good chance to listen to ideas and knowledge," he said.
The GSIAC is a joint initiative between the Malaysia Industry-Government
Group for High Technology (MIGHT) and NYAS in pursuit of transforming Malaysia
into a high-income economy through enhancing Malaysia's capabilities in science
and innovation.
The 194-year-old academy has 25,000 members in 140 countries, including
Nobel prize winners and heads of companies.
On Wednesday, Chairman and Chief Executive Officer of Dow Jones and Company
Les Hinton will meet Najib, who will also hold individual meetings, with the
Executive Vice President of Motorola Gene Delaney, Chief Executive Officer of
CitiGroup Vikram Pandit, Senior Vice President and Managing Director Partner of
IBM Frank Kemand Jand President/CEO of AIG Consumer Jeff Hayman.
Later in the day, the premier will witness the signing of a number of
memorandums of understanding (MoUs) between General Electric and AirAsia X,
Universiti Putra Malaysia and University of Maryland and Malaysia's Ministry of
Health and University of Maryland.
Universiti Putra Malaysia (English: Putra University, Malaysia or UPM, is a
leading research intensive public university located in central Peninsular
Malaysia, close to the capital city, Kuala Lumpur.
