Asean needs to revisit market sharing concept: Mahathir

Prime Minister of Malaysia Tun Dr Mahathir Mohamad speaks during the Malaysia-Philippines Business Forum at the Shang Ri La Hotel in Manila on March 7, 2019. — Bernama: Tun Dr Mahathir Mohamad has proposed that Asean member states need to revisit the old idea of sharing their domestic markets that was originally mooted when the regional block was set up in 1967.

Dr Mahathir asserted that the adoption of a market sharing concept among Asean member countries would be helpful in bringing common growth, development and prosperity to the region. Present were Malaysian Foreign Minister Datuk Saifuddin Abdullah, International Trade and Industry Minister Datuk Darell Leiking, and Philippines Secretary of Department of Trade and Industry Ramon M. Lopez.

Therefore, the Prime Minister said the idea of sharing markets among Asean countries should be revisited and studied again as to why the regional grouping was still not able to exploit its market of 600 million people.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Asean needs to revisit market sharing concept, says Dr Mahathir | Malay MailMANILA, March 7 — Tun Dr Mahathir Mohamad has proposed that Asean member states need to revisit the old idea of sharing their domestic markets that was mooted when the regional block was set up in 1967. The prime minister said through the concept, the Asean member countries could discuss and...
Source: malaymail - 🏆 1. / 86 Read more »

Tourism industry players not keeping abreast with the timesLETTER | We are lagging behind our Asean counterparts in terms of embracing technology. So what's TourismMalaysia doing to keep M'sia relevant in the global tourism industry? Here's a clue - offer better connectivity - air, land & sea. Also be friends with as many countries as possible..MKetapi MY_Airports MAS AirAsia malindoair let's start with the simplest - Singapore has, arguably, the best airport in the world and a transportation hub for the region. Ours? I'm from Penang and I always fly through Sg simply because it's expedient and often, cheaper. MY_Airports AirAsia MAS malindoair
Source: malaysiakini - 🏆 20. / 51 Read more »