"Malaysia is a critical manufacturing hub and market for US industry," Marc Mealy, the US-Asean Business Council's vice president for policy, said yesterday.The mission, which is also visiting Indonesia, is led by the council's Malaysia committee chairman Joseph Alhadeff, vice president of global public policy for Oracle, and Mealy.
With schemes such as the Economic Transformation Programme and Digital Malaysia, Malaysia has long been an ASEAN leader in adapting its regulatory environment to a changing global economy. Malaysia's policy and regulatory environments must keep pace with changes in technologies and the growing importance of cross-border data flows, the supply and cost of knowledge workers and enabling SMEs and entrepreneurs easier access to ICT products and services, the council believes.The delegation met with senior officials from the Ministry of Communications and Multimedia, Ministry of International Trade and Industry, Multimedia Development Corporation, Malaysian Communications and Multimedia Commission and Malaysian Investment Development Authority.
Malaysia's public and private sectors must continue to cooperate is the enhancement and development of its supply of skilled knowledge workers for the next generation of technology areas such as big data and analytics, Alhadeff said."Public-private partnerships in the area of education, curriculum and skills development will lead to better placement of graduates in emerging high-growth professions that can make significant contributions to Malaysia's ICT evolution and continued economic prosperity," he said.
Participating firms included Apple, AT&T, eBay, Google, Hewlett-Packard, Microsoft, Oracle and Qualcomm.