KUALA LUMPUR, Nov 4 (Bernama) -- At the Closing Session of Perdana Leadership Foundation’s (PLF) CEO Forum on 1st November 2022, former Prime Minister Tun Dr Mahathir Mohamad shared his thoughts on “What Does the Future Hold for Malaysia?” and said that, “We live in a time of great uncertainty but high connectivity. Through trade, banking, and travel, we are more connected to one another than ever before. This is good in many ways but it also makes it more likely that events in one part of the world will have bigger repercussions on the rest of the world…For businesses and even governments, it means longer-term projections and forecasting models may no longer be useful as they will be less accurate. Because of our connectedness with each other, the causes and consequences of events have become more complex and more widespread.”
Malaysia’s longest-serving Prime Minister also pointed out that Malaysian businesses need to incorporate more technology into its operations and spend more on research and development in order to improve productivity. “We were one of the earliest countries in South East Asia to go into the Knowledge Age in a big way through the Multimedia Super Corridor. The MSC has seen the birth of Malaysian tech companies and talent. But we have to keep up with advances and find the best combination of infrastructure, policy, and incentives if we are to move our economy up the technology chain,” he added in his address to the 300-odd business audience. Following his keynote, Tun Dr Mahathir Mohamad answered questions from the audience on education, mastery of English, green technology, and good leadership, in a Q&A session moderated by Tan Sri Nik Mohamed Nik Yaacob, Executive Director, PLF.The ninth Perdana Leadership Foundation CEO Forum on 1st November 2022 brought together more than 30 CEOs, industry experts, and business leaders who discussed macro- and industry-specific issues related to “Major Trends Impacting the Malaysian Economy (and You)”. Over nine plenary and concurrent sessions, business and thought leaders shared experience and viewpoints on subjects that include technology in business, talent and manpower, renewable energy, public finance, logistics, and inflation.
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