Malaysia Budget is so flexible in term of encoraging new ideas and innovations
I quote number 7 and 8 of the new 2010 Malaysia budget:
7. We were successful in the past in transforming the economy from agriculture to
industrial-based. We now have to shift to a new economic model based on innovation, creativity
and high-value added activities. Only then, we will be able to remain relevant in a competitive
global economy.
8. Innovation is an important national agenda. The Government will transform Malaysia
through a comprehensive innovation process, comprising innovation in public and private sector
governance, societal innovation, urban innovation, rural innovation, corporate innovation,
industrial innovation, education innovation, healthcare innovation, transport innovation, social
safety net innovation and branding innovation. Part of this innovation initiative is being
implemented, through measures such as 1Malaysia Concept, National Key Result Areas
(NKRAs), Key Performance Indicators (KPIs), new economic model and the establishment of
PEMUDAH, PEMANDU and NEAC. The Government is committed and serious in undertaking
total innovation to elevate the nation to a more advanced economy. Innovation Leadership for
1United, Innovative Malaysia.
I guess I need to go and write some letters to PM about what I want to innovate lah.....way to go girl..........
And once again of course Economics,Business and International trade will always be in my heart........
How about the rest of malaysians... Do we all want our RM is much more valuable than the Pounds? or Euros
I guess we are kan?
We have to fit our business idea to the government policy to get a full support from them.. ( I just read this from UCC library.. from one of the economics text book)



