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Focus more on high-value investments


Bernama
The announcement that International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali will table a Cabinet paper on Malaysia’s new investment policy this week is welcome news.
Less welcome are the reports that it focuses on innovation, technology and digital investments, which raises concerns that it might miss the target in creating wider value in the economy.
The announcement comes hard on the heels of Microsoft’s US$1 billion (RM4.1 billion) five-year investment in Malaysia which is expected to generate US$4.6 billion (RM19 billion) in revenue and create around 19,000 jobs for Malaysians, including 4,000 related to information technology. ....

Kuala Lumpur , Mohamed Azmin Ali , Geoffrey Williams , Malaysia University Of Science , International Trade , Will Malaysian , Fourth Industrial Revolution , Century Luddites , Malaysia University , Prof Dr Geoffrey Williams , குவாலா லம்பூர் , ஜெஃப்ரி வில்லியம்ஸ் , மலேசியா பல்கலைக்கழகம் ஆஃப் அறிவியல் , சர்வதேச வர்த்தகம் , விருப்பம் மலேசியன் , நான்காவது தொழில்துறை புரட்சி , மலேசியா பல்கலைக்கழகம் ,