imported 2024-03-17 17:43:08
Non-traditional security (NTS) issues are of our concern. It is multifaceted, evolves very rapidly and could emerge in an unexpected manner. Among of NTS issues are terrorism/militancy, transnational/trans-boundary crimes, cyber-security and environment security- climate change, natural disasters etc.
Malaysia is a regional financial hub and has well sophisticated financial services industry. View more information about Malaysia being the financial hub in the South East Asia, outlook for the financial services industry and more.
The tourism industry in Malaysia is vibrant. Malaysia’s location gives it the potential to be the hub of Southeast Asia. View the tourism sector interview analysis.
The innovation is very abstract. It is a state of mind; a better question would be that how people perceive innovation and how they enjoy the excitement and the value created by innovation. In that sense, from the political leadership to the business community in Malaysia, we are very excited about the possibility of innovation.
Tan Sri Dr. Mohd Munir Abdul Majid, Chairman of Bank Muamalat and Chairman of provides an overall assessment of the Islamic banking sector.
The banking sector is Malaysia is very stable and growing steadily. We expect growth 9-10% this year. The regulatory framework is very good: the Islamic Financial Services and Financial Services Acts of 2013 were passed last year, taking into account all that has happened in the West in 2008. Assessment of the banking sector and economy by Tan Sri Dr. Mohd Munir Abdul Majid, Chairman of Bank Muamalat and Chairman of ASEAN-BAC Malaysia.
Malaysia is at the centre of ASEAN. Every country ASEAN country will also benefit from an integrated ASEAN economy.
ASEAN is moving in the liberalised direction. There are some gaps, some cracks in between as it moves towards liberalisation.
ASEAN is an inter-governmental organisation, so the sovereignty of the government is preserved.
The surrender of sovereignty is a sensitive thing to relatively new countries, and it may or may not happen in the distant future. But what can happen in the medium term is a commitment to give away, without formal giving away, on an issue-by-issue basis as a certain right.
