He said the bigger challenge for Malaysia’s economy today is the capacity to generate new ideas, products, innovative business models, and production techniques, as well as the ability to diffuse them quickly through the economy.
The two-day forum gathers nearly 20 international speakers, including those from the United States, China, Finland, Singapore, and Hong Kong. Tengku Zafrul said policymakers recognise that there is a group of Malaysians who are at a disadvantage in climbing out of poverty and this is where greater use of technology and digital inclusion might be necessary to help them. There are gaps and issues in delivering assistance to some quarters of society, he noted.
"More than ever, we need experts to be alive to the shortcomings and misapplication of economic prescriptions. For all the data and technology we now have, we still struggle with our forecast and predictive models as we did 50 years ago,” he said."Hence, the role of economic knowledge is not, and should not be, unchallenged.
U can start by getting govt OUT of business.
IsmailSabri60 you want economic reforms ? You best replace Muhyiddin's spy that is holding your wallet.
IsmailSabri60 Either Public Bank or Maybank CEO will be choice for Finance Minister - to pull the country from this rot. Not a Razak apple polish boy, that only spends taxpayers' billions and place there by Muhyiddin to keep an eye on you
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