Business community urged to tap opportunities created by the government

Deputy Minister of Investment, Trade and Industry Sim Tze Tzin has called upon the business community to capitalize on government-created opportunities, strengthen local supply chains, and foster a robust economic future for Malaysia. Over the past three years, Malaysia has consistently broken its own trade records, with global trade reaching RM2.51 trillion by August 2026, a 27 percent increase compared to the same period in 2025. In 2025, Malaysia achieved RM3.061 trillion in global trade, surpassing the RM3 trillion mark.

During the same period, the country approved RM426.7 billion in total investments, leading to the creation of nearly 245,000 high-value jobs. For the first half of 2026, approved investments reached RM218.46 billion, marking an 11.72 percent growth trajectory. Malaysia is committed to free trade agreements (FTAs), having signed 17 agreements and currently negotiating additional ones.

Sim emphasized the importance of appreciating local talent by investing in human capital, stating that technology can be easily acquired, but nurturing talent is crucial. At the recent Asia CEO Community gala dinner, Sim highlighted that the Asia CEO Community, celebrating its 11th Anniversary, brings together business leaders, entrepreneurs, and community partners from across Asia to strengthen relationships, explore opportunities, and shape the future of regional collaboration.