ID :
191733
Wed, 06/29/2011 - 10:35
Auther :
Shortlink :
https://oananews.org//node/191733
The shortlink copeid
US-ASEAN BUSINESS COUNCIL HAILS M'SIAN GOVT'S PROACTIVE MEASURES TO MANAGE ECONOMY
WASHINGTON, June 29 (Bernama) -- Members of the US-Asean Business Council)
is optimistic that the slew of proactive measures taken by the Malaysian
government to manage the economy prudently will bear fruition.
Deputy Prime Minister Muhyiddin Yassin said the members believe the
well thought-out measures would fuel economic growth.
They expressed their optimism at a luncheon meeting with Muhyiddin here
Tuesday to mark his four-day working visit to Washington beginning Sunday.
Among council members who attended the meeting were key officials of
American multinationals like Intel, Honeywell, Citi, CononoPhillips, AT&T and
Qualcomm and Malaysian students pursuing tertiary education in America.
"They showed keen interest on how we manage our economy. They gave their
reports and none of them raised any issue or problems," said Muhyiddin to
Malaysian journalists covering his visit.
Muhyiddin said the members told the meeting that they closely monitored
latest developments in Malaysia and they described as "good and strategic" the
approach adopted by Prime Minister Najib Razak to propel the nation to greater
heights by introducing "practical and workable" strategies like the Government
Transformation Plan and Economic Transformation Programme.
He said Malaysia was prepared to show the American investors the "robes" for
economic growth.
"We want to show our workable strategies that will lead to economic growth
to our domestic and foreign investors. Some of these investors have long
invested in Malaysia.
"We want to invite them to see the sectors they're interested in and how
they can fit in with their investment plans," he said.
Muhyiddin said the council would send a 20-member delegation to Malaysia
next month to meet Malaysian corporate leaders and members of the
administration.
"Based on their reports, they have confidence in the measures we've taken
to reinvent and reshape our economy, they're convinced our economy can grow and
they want us to share our experience with them.
"They say Malaysia can be a role model on how we manage the economy for the
private sector to invest," he added.
-- BERNAMA
is optimistic that the slew of proactive measures taken by the Malaysian
government to manage the economy prudently will bear fruition.
Deputy Prime Minister Muhyiddin Yassin said the members believe the
well thought-out measures would fuel economic growth.
They expressed their optimism at a luncheon meeting with Muhyiddin here
Tuesday to mark his four-day working visit to Washington beginning Sunday.
Among council members who attended the meeting were key officials of
American multinationals like Intel, Honeywell, Citi, CononoPhillips, AT&T and
Qualcomm and Malaysian students pursuing tertiary education in America.
"They showed keen interest on how we manage our economy. They gave their
reports and none of them raised any issue or problems," said Muhyiddin to
Malaysian journalists covering his visit.
Muhyiddin said the members told the meeting that they closely monitored
latest developments in Malaysia and they described as "good and strategic" the
approach adopted by Prime Minister Najib Razak to propel the nation to greater
heights by introducing "practical and workable" strategies like the Government
Transformation Plan and Economic Transformation Programme.
He said Malaysia was prepared to show the American investors the "robes" for
economic growth.
"We want to show our workable strategies that will lead to economic growth
to our domestic and foreign investors. Some of these investors have long
invested in Malaysia.
"We want to invite them to see the sectors they're interested in and how
they can fit in with their investment plans," he said.
Muhyiddin said the council would send a 20-member delegation to Malaysia
next month to meet Malaysian corporate leaders and members of the
administration.
"Based on their reports, they have confidence in the measures we've taken
to reinvent and reshape our economy, they're convinced our economy can grow and
they want us to share our experience with them.
"They say Malaysia can be a role model on how we manage the economy for the
private sector to invest," he added.
-- BERNAMA