Government Aims To Create Competitive Environment For Businesses, Says Muhyiddin

December 14, 2011 by  
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KUALA LUMPUR, Dec 13 — The government aims to create a more competitive environment for the private sector to thrive through greater liberalisation and deregulation, said Deputy Prime Minister Tan Sri Muhyiddin Yassin.

He said in order to make the private sector the new engine of growth, businesses need open, transparent and even-handed economic stewardship.

“As Malaysia strives towards becoming a high-income nation, the role of entrepreneurs in this journey grows in significance.

“Entrepreneurs and the private sector have an enormous impact on innovation, progress and the economy of the country,” he said in his speech at the Ernst & Young Entrepreneur of The Year Awards 2011 (EOY) here Tuesday.

His speech was read by International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

Muhyiddin said the government has put in place several initiatives to ensure that Malaysia is on track, with the introduction and implementation of business-friendly policies.

In October this year, he said, the Prime Minister announced 17 services sub-sectors to be liberalised on top of the 27 announced last year, which shows that the economy is the most open it has ever been, with almost every one of these sub-sectors allowing for 100 per cent foreign equity.

“In addition, we recently enacted the Competition Act 2010 and appointed the Malaysia Competition Commission to promote competition and fair trade, while eradicating monopolistic practices and cartels.

“By doing so, we will strengthen the competitiveness of Malaysian companies and provide a more level playing field for foreign investors,” he added.

He said the government would continue to play its part in helping to create an attractive and conducive environment for people to invest in, work in and live in.

“Malaysia will also continue to strive to simplify as well as reduce the cost of doing business.

“In terms of human capital, the government will continue to put the right measures in place to ensure that industry has ready access to a large pool of qualified and skilled Malaysians,” he added.

He said the government would also pursue policies that create an environment where entrepreneurs do not just survive, but thrive.

“Malaysia recognises the critical function of entrepreneurs in developing and sustaining economic growth and wealth creation,” he added.

S P Setia Bhd president and chief executive officer Tan Sri Liew Kee Sin bagged the Malaysian Ernst & Young Entrepreneur of The Year 2011 award.

Liew also won the Master Entrepreneur of The Year 2011 award and will represent Malaysia at the annual E&Y World Entrepreneur of The Year (WEOY) awards ceremony in Monte Carlo, Monaco next year.

The E&Y Emerging Entrepreneur of The Year 2011 award went to Exabytes Network Sdn Bhd chief executive officer Chan Kee Siak, while ViTrox Corp Bhd chief executive officer/president Chu Jenn Weng garnered the Technology Entrepreneur of The Year 2011 award.

The Woman Entrepreneur of The Year 2011 award was won by Help International Corp Bhd chairperson/group chief executive officer Datin Chan-Low Kam Yoke.


Tuanku Abdul Halim Arrives For Swearing In Ceremony As 14th Agong

December 13, 2011 by  
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SEPANG, Dec 13– The Sultan of Kedah Tuanku Abdul Halim Mu’adzam Shah arrived at the national capital this morning for a swearing-in ceremony as the 14th Yang di-Pertuan Agong.

Tuanku Abdul Halim and Tuanku Haminah Hamidun earlier arrived at the Bunga Raya Complex of KL International Airport at 9.07am from Alor Setar where they were greeted on arrival by Information, Communications and Culture Minister Datuk Seri Dr Rais Yatim and wife Datin Seri Maznah Rais.

Twenty-nine officers of the Sixth Battalion of the Royal Ranger Regiment mounted a static guard at the airport.

The royal couple the proceeded to Parliament Square in Kuala Lumpur for a royal welcoming ceremony.

Tuanku Abdul Halim, 84, was elected the 14th Yang di-Pertuan Agong for a five-year period effective today, at the Meeting of the Conference of Rulers on Oct 14.

This is the second time Sultan Abdul Halim was elected as the Yang di-Pertuan Agong after the first one on Sept 21, 1970.

Sultan of Kelantan Sultan Muhammad V was elected the Deputy Yang di-Pertuan Agong.

The royal herald, comprising 20 personnel of the Second Regiment of the Royal Armoured Corp, sounded the trumpet to announce the arrival of Tuanku Abdul Halim and Tuanku Haminah at Parliament Square.

Prime Minister Datuk Seri Najib Tun Razak and wife Datin Seri Rosmah Mansor, as well as Deputy Prime Minister Tan Sri Muhyiddin Yassin and wife Puan Sri Norainee Abdul Rahman greeted the royal couple on arrival.

Tuanku Abdul Halim and Tuanku Haminah were then ushered to the dais, passing a royal spear guard force. This was soon followed by the royal salute performance. The national anthem “Negaraku” was then played by the Royal Malay Regiment band led by Lt Nor Azizan Yahaya.

Simultaneously, the personal colour of the Yang di-Pertuan Agong was raised, to the blast of a 21-gun salute.

Tuanku Abdul Halim then inspected the guard-of-honour comprising 103 personnel of the First Battalion of the Royal Malay Regiment led by Major Muhammad Abdullah.

The national ceremony proceeded with the recital of prayers by Federal Territory mufti Datuk Wan Zahidi Wan Teh. This was followed by the royal salute and the singing of Negaraku.

The royal couple then granted audience to cabinet ministers and senior officials before proceeding to Istana Negara in Jalan Duta for the swearing-in ceremony as the Yang di-Pertuan Agong.

Earlier in Alor Setar, 30,000 people joined the royal procession to the Sultan Abdul Halim Airport, marking Tuanku Abdul Halim’s departure from Istana Anak Bukit to Istana Negara.

The royal couple, accompanied by a motorcade, arrived at the airport at 7.30am, with people from all walks of life lining up both sides of the 5.3km road.

They were greeted on arrival by Menteri Besar Datuk Seri Azizan Abdul Razak and wife Datin Seri Faekah Sheikh Hamzah, as well as members of the Kedah Council of Regency.


OK If Not Renominated, Says Hasan Ali

December 13, 2011 by  
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KUALA LUMPUR, Dec 13 : PAS Gombak assemblyman Datuk Dr Hasan Mohamed Ali said Monday that it did not matter to him if his party did not re-nominate him for the next General Election (GE).

Hasan, who is also the Selangor state executive councillor for Islamic affairs, said it was unimportant to him to be recognised for his efforts by the party or its president as his loyalty only lay with Allah.

“This (candidacy) is a small matter. Championing Islam, the Malay struggle and defending the institution of the Malay rulers is the bigger agenda.

“In championing Islam, seeking riches, posts and titles are secondary matters,” he told reporters at his home here.

He was commenting on a newsreport yesterday which said that he would be dropped as a candidate by his party for the next GE.

However, PAS president Datuk Seri Abdul Hadi Awang has denied the report.

Hasan, who had been Selangor PAS comissioner for eight years, also said that he felt hurt reading the news report as it came two days before he was to to be conferred the Datuk Paduka Mahkota Selangor (DPMS) award by the Sultan of Selangor in conjunction with the Sultan’s 66th birthday celebration.

“With hundreds of people congratulating you on being conferred the award, how would you feel when suddenly a news report like this (being dropped as a candidate) comes out,” he said.

He also did not fault Selangor PAS information chief Shaari Sungib for revealing the matter about his (Hasan’s) candidacy to the media, saying Shaari might have had good intentions in doing so.

Apparently, the report had said that Hasan had not received the required nominations from the party branches concerned to be re-nominated.

On this, Hasan said the nominations were not the sole criteria to determine a person’s candidacy as the final decision lay with PAS’ central leadership following an evaluation process by the party’s Majlis Syura Ulama.

“As such, it is not appropriate for anyone to jump the gun and make announcements pertaining to candidacy for the next GE,” he said, adding that he hoped PAS’ top leadership would look into this matter (pre-mature announcements).

Asked further if he was still loyal to his party and the opposition coalition, Hasan said:”I am loyal to Allah. To mankind, in this context, I do not like to use the term loyal, but cooperate.”.


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