Maritime foreign trade, fishing industry contribute over 50% to Malaysia’s GDP, says Wee

Minister Datuk Seri Dr Wee Ka Siong said the economic value of Malaysia’s maritime sector is generated by a wide range of economic and resource-use activities.

“The South China Sea in particular has become increasingly vital – not only in terms of defence strategies but also towards the country’s economic development. “The Melaka Straits Patrol has also been recognised as a cooperation model among littoral states which is advocated in UNCLOS. “As such, Malaysia formulated a National Action Plan to prevent, deter and eliminate such practices in accordance with the United Nations Food Agriculture Organisation’s Plan of Action on IUU.

Lol, Penang alone made up almost 60% of the entire countries E&E exports for January. Penang thriving!

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chronic under-investment ails public healthcare, says Khairy | The Malaysian InsightMalaysia spends 2.8% of GDP on medical care, compared to standard 4%. HEY KJ, WHY 'chronic under-investment in the nation’s public healthcare system' happened ? TELL US THE ANSWER SINCE YOU ADMITTED IT. SURE U KNOW WHY. WERE THE MONIES CHANNELED TO ENRICH YOUR PARTY AND COALITION LEADERS & THEIR BIZ CRONIES & PARTY FOLLOWERS !?
Source: msianinsight - 🏆 8. / 63 Read more »