PETALING JAYA: The business community is generally satisfied with the Madani Economy Framework and wants to give this government more time to institute its promised reforms.
“Its commitment to economic reforms and focus on industrial transformation through the New Industrial Master Plan 2030 , as well as the commitment to sustainable growth reflected in the National Energy Transition Roadmap designed to guide the country towards a low-carbon future, are viewed positively by the industry.
Proposing four focus areas, Soh said the government should promote quality economic growth through high-value investments, reduce red tape and over-regulation, and to lower business costs. “To ensure a coherent and effective approach, the private sector should be empowered to lead business activities, with a focus on innovation and economic growth,” he added.