Digi business marketing and operations head Steven Soon (second from left) delivering his speech as (from left) Johor South SME Association advisor Teh Kee Sin, RHB Bank Bhd commercial banking head Azlina Safian and PKT Logistics Group Sdn Bhd chief operating officer P’ng Tean Hau look on duri...
One for the album: (From left) Teh, Soon, Azlina and P’ng posing for photograph after their panel discussion session at the SOBA LAB programme at Trove Hotel in Johor Baru.JOHOR BARU: Digitalisation is the way forward for small and medium enterprises (SMEs) and they have to start planning now,...
Unofficial figures show that some 300,000 Malaysians commute daily from Johor to Singapore to work. — FilepicJOHOR BARU: The state government is looking at the positive angle when it comes to the high number of Malaysians, including Johoreans, working in Singapore.Johor education, human resour...
An SME expo showcasing the productsKUALA LUMPUR: Malaysia's small business sector experienced positive business conditions in 2018 and confidence in business and economic growth is at its highest point since 2012, according to new survey data released today by CPA Australia. The findings from CPA A...
KUALA LUMPUR: Small and medium enterprises (SMEs) should capitalise on the RM517mil funding made available by Malaysian Industrial Development Finance Bhd’s (MIDF) and Malaysian Technology Development Corp (MTDC) under the Soft Loan Scheme for Automation and Modernisation (SLSAM).MIDF group ma...
PETALING JAYA: Finance Minister Lim Guan Eng is tabling Budget 2019 in Parliament, the first federal budget by the Pakatan Harapan government.The tabling of the Supply Bill (Budget) 2019 will commence before Dewan Rakyat Speaker Datuk Mohamad Ariff Md Yusof, and will be debated by the Members of Par...
PUTRAJAYA, March 29 (Bernama) -- Malaysia aims to be the ASEAN green technology hub with the implementation of the National Green Technology Policy, says Energy, Green Technology and Water Deputy Minister Datuk Seri Mahdzir Khalid.
He said the government is on the right track in developing green technology, citing Yale University's Environmental Performance Index in 2014 which ranked Malaysia 51st out of 178 countries globally and third in ASEAN after Singapore and Brunei.
The index, published every two years, quantifies the environmental performance of a country's policies.
Mahdzir said Malaysia is aggressively moving towards high technology and knowledge-based industries to remain internationally competitive, and his ministry plans to raise the contribution of green technology to the economy, society and environment in the 11th Malaysia Plan.
"The National Green Technology Master Plan and Electric Mobility Action Plan also aim to ensure more effective and systematic implementation of all initiatives, programmes and activities," he said, adding the country is also collaborating with South Korea and Cambodia in green technology.
However, he said, achieving the target will take time as the National Green Technology Policy was launched only in 2009.
Green technology, encompassing the energy, construction, transport, waste management and water sectors, contributed RM7.9 billion or 0.8 per cent to Gross Domestic Product (GDP) in 2013, he said.
He said, "Investments in these sectors totalled RM920 million, and they generated revenue of RM33.1 billion in 2013".
Mahadzir said the ministry projects green technology's contribution to GDP to rise to RM22.4 billion by 2020 and RM60 billion by 2030.
"Investments are expected to rise to RM28 billion by 2020 and RM86.3 billion by 2030, creating 114,590 jobs in 2020 and 211,500 jobs in 2030," he said.
He said besides foreign companies, several Malaysian firms, including in Pahang and Selangor, are also producing photovoltaic solar panels for the local and export markets, making Malaysia the world's third largest producer of solar modules.