Chief Executive Officer Jayaprakash Jagateesan shares his views on the Political Changes in Malaysia Impacting Business and Investment from Singapore with The Business Times
RHT Holdings Chief Executive Officer Jayaprakash Jagateesan was featured in The Business Times article titled “How do you see the political changes in Malaysia impacting business and investment from Singapore?”
This article was first published on 21 May 2018.
THIS WEEK’S TOPIC: How do you see the political changes in Malaysia impacting business and investment from Singapore?
Source: The Business Times
Date: 21 May 2018
The immediate focus of the new Malaysian government is the welfare of the people as well as to restore the rule of law and beat corruption. As part of its main policy pledges, the abolishment of the Goods and Services Tax could boost consumption, benefiting Singaporean businesses in Malaysia’s consumer sector.
Investments into Malaysia will increasingly need to focus on bringing in capital and technology while boosting local employment to receive the full support of the authorities.
Dr Mahathir’s experience and the new vigour among Malaysians point towards greater optimism as the country maintains its commitment to being business-friendly, presenting an opportunity for Singaporean businesses to grow across the causeway.