Posted by EngineeringProfit > 2 months ago | Report Abuse

To achieve high-income status, Malaysia must implement comprehensive reforms that touch on education, economic diversification, infrastructure, governance, and cultural values. The transition from a consumer-driven economy to one based on sustainable growth and innovation will require visionary leadership, long-term planning, and societal buy-in.

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13 comment(s). Last comment by EngineeringProfit 1 month ago

Posted by EngineeringProfit > 2 months ago | Report Abuse

Foster Digital Transformation: Encourage businesses, especially SMEs, to embrace digital technologies like AI, automation, e-commerce, and Industry 4.0 to improve productivity and compete globally by giving incentives and tax rebate.

Posted by EngineeringProfit > 2 months ago | Report Abuse

Ease Business Regulations: Simplifying bureaucratic processes and easing regulations for startups and businesses will promote local
entrepreneurship and attract foreign investors.

Posted by EngineeringProfit > 2 months ago | Report Abuse

Promote Sustainable Consumption: Encourage policies and campaigns to promote sustainable lifestyles, focusing on reducing waste, and curb excessive consumerism.

Posted by EngineeringProfit > 2 months ago | Report Abuse

Attract Global Talent: Reforms to make Malaysia a destination for global talent, coupled with reducing brain drain, are essential. This can be achieved through incentives for highly skilled professionals.

Posted by EngineeringProfit > 2 months ago | Report Abuse

Effective Institutional Reforms: Strengthening the independence of regulatory bodies and promoting good governance practices will create a more trustworthy and efficient system for both foreign and domestic players.

Posted by EngineeringProfit > 2 months ago | Report Abuse

Strengthen Anti-Corruption Efforts: Malaysia must enforce strict anti-corruption measures (such as putting it's officers in every government department)and ensure transparency in public spending. High levels of corruption erode investor confidence and distort economic development.

Posted by EngineeringProfit > 2 months ago | Report Abuse

Focus on SME Growth: Supporting (not pulling their legs with little napoleans I'm
and red tape 1001) small and medium-sized enterprises with easier access to credit and capacity-building programs will help distribute wealth more evenly across the population.

Posted by EngineeringProfit > 2 months ago | Report Abuse

Encourage a Knowledge-Based Economy: Encourage Malaysians to shift from valuing consumption toward valuing knowledge, creativity, and entrepreneurship; as well as differentiating facts from delusions and falsehood.

speakup

27,171 posts

Posted by speakup > 2 months ago | Report Abuse

Sarawak should lead the federal govt of Malaysia to return Malaysia to the right path! that's the only way for Malaysia to survive. Madani already proven wont safe us. Our last hope is ............. SARAWAK!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 months ago | Report Abuse

Message to admin:

Except for a few, many have difficulty posting in i3 investor.

I noticed Engineering Profit faces the same problem as I had when creating new thread. All the paragraphs are jumbled and the post appeared as just a huge single paragraph. Can you kindly have a section to advise how participants can post pictures, graphs, charts and paragraphs in this forum?

Many thanks.

3iii

Posted by EngineeringProfit > 1 month ago | Report Abuse

Not to be kata di bawah skriptur gua- Promote Multilingualism: Enhancing proficiency in English, Mandarin and other global languages can improve competitiveness in the global economy.

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