Emulate S Korea to develop M'sian export industry - PM

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Dr M says South Korea, from the start, concentrated on exports while Malaysia focused on its domestic market.

Malaysia should emulate South Korea in applying global thinking to further develop the export industry, and not merely depend on the domestic market, said Prime Minister Dr Mahathir Mohamad.

"South Korea has a different strategy. We merely focused on the domestic market. On the other hand, they had from the very start focused on the world market. We should actually be making goods that could be exported,” he told the Malaysian media in Seoul before concluding his visit to South Korea. He added that South Korea had started with the construction industry to the extent that it had reached the desert, besides taking part in Malaysia’s development through the construction of the Penang Bridge and the KLCC Twin Towers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Their cars was Milo tins some 30 years and look at where they are now globally. We wished Proton would have achieved the same too, but unfortunately it is not to be.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS

Business Business Latest News, Business Business Headlines