Talent programme to nurture 5,500 global Malaysian leaders By 2022
PM: Economy to grow at encouraging pace
Malaysia on track to achieve 50 pct of approved investment target
Matrade hopes halal sector’s exports to Japan will increase further
Halal exports growth expected to increase by 5 pct in 2018
Korean Summit on 27 April 2018

Talent programme to nurture 5,500 global Malaysian leaders By 2022
Malaysia Global Talent (MGT) Programme was launched in Kuala Lumpur today. Officiating at the launch, Prime Minister Datuk Seri Najib Tun Razak said the programme aims to nurture 5,500 global Malaysian leaders by 2022. The first phase of the MGT will bring together 12 top global multinational companies (MNCs) and 10 public universities with the singular goal of creating leaders of the future. The programme will be extended to more MNCs and institutes of educations soon.

Meanwhile, in a Twitter message, the Prime Minister said the Malaysian economy would continue to grow at an encouraging pace after Bank Negara Malaysia raised its projected growth in 2018 to 5.5-6 per cent. The Central Bank, in its Annual Report released yesterday said the Malaysian economy was projected to grow by between 5.5% and 6% in 2018. The Report added that domestic demand would continue to be the anchor of growth, underpinned by private sector activity. Private consumption growth is expected to remain sustained, supported by continued growth in employment and income, lower inflation and improving sentiments. Income growth will be supported by a robust export performance and continued Government measures, such as the continuation of Bantuan Rakyat 1Malaysia cash transfers, individual income tax reduction, and the special payment to all civil servants and retirees. Private investment growth will also be sustained, underpinned by ongoing and new capital spending in both the manufacturing and services sectors, and strengthened by continued positive business sentiments.

At the Invest KL Annual Ministerial Event later, Datuk Seri Najib said Malaysia is on track to achieve 50 per cent of its approved investment target of RM200 billion for 2018 by end-month, following Saudi Aramco’s RM28 billion investment. He said currently, about 40 per cent, or RM80 billion, of the investments, were already in the pipeline, on top of Saudi Aramco’s RM28 billion investment which would come in by end of the month. He added that the international business community showed its confidence in Malaysia, with RM197 billion worth of private investments in 2017, of which, RM54.7 billion were foreign direct investments. “The diverse nature of the FDIs coming into Malaysia clearly illustrates the attractiveness of our ecosystem and the ability of talented Malaysians to be at the forefront of Industry 4.0 and digitalisation,” he added. InvestKL Corp Sdn Bhd Chief Executive Officer, Datuk Zainal Amanshah, announced that it has attracted 73 MNCs as at end-2017, registering approved and committed investments of RM11.07 billion and creating 10,971 regional high-skilled jobs since its inception in 2011. For 2017 alone, InvestKL managed to attract 12 MNCs with approved and committed investments of RM2.22 billion and 1,689 jobs created.

Matrade hopes halal sector’s exports to Japan will increase further
Malaysia hopes to further increase its exports of halal products to Japan. Chief Executive Officer of the Malaysia External Trade Development Corp (Matrade), Ir Dr Mohd Shahreen Zainooreen Madros, said Malaysia’s halal product exports to Japan increased by 20.8 per cent to RM2.67 billion in 2016 from RM2.21 billion in 2015. “The top three product categories with the highest export values are halal ingredients (RM1.22 billion), food and beverage (RM0.99 billion) and palm oil derivatives (RM0.26 billion),” he told this to reporters in Kuala Lumpur on the sidelines of the ‘Business Opportunities on Halal Industry in Japan’ forum. The forum marks the conclusion of a year-long nationwide roadshow which was jointly organised by Matrade and the Japan External Trade Organisation (Jetro), held in February 2018. Aside from Jetro, Dr Mohd Shahreen said, Matrade was also collaborating with the Malaysia Franchise Association and ASEAN Japan Trade Centre to organise 13 trade promotion programmes to boost the awareness among Malaysian exporters in terms of export opportunities for halal products in Japan.

Meanwhile, the Halal Industry Development Corporation (HDC) expects halal product exports to grow by five per cent this year from RM43.4 billion last year. Its Chief Executive Officer, Datuk Seri Jamil Bidin said this would be supported by the higher demand for food and beverages products and ingredients. “We can see that halal product exports are increasing every year and we will ensure that our presence as the top halal exporter and global halal hub is recognised and acknowledged by other nations,” he told Bernama. In 2016, Malaysia’s halal product exports amounted to RM42.1 billion.

Korean Summit on 27 April 2018
North and South Korea will hold their first summit in more than a decade on 27 April. The date was announced in Seoul by South Korean government officials who held high-level talks with their North Korean counterparts yesterday. The two Koreas had agreed earlier this month to hold a summit at the border truce village of Panmunjom when South Korean President Moon Jae-in sent a delegation to Pyongyang to meet with North Korean leader Kim Jong Un. A South Korean unification ministry official told reporters the two Koreas would hold a working-level meeting on 4 April to discuss details for the summit. Kim met China’s President Xi Jinping in Beijing yesterday and
is scheduled to meet US President Donald Trump sometime in May.