NCCIM promulgates a continuous flow of periodic consultations and engagements with the Government on economic issues surrounding the Malaysian business ecosystem, including the effects of relevant global developments on the local and regional economy – the emphasis is on the deliverance of constructive feedbacks and opportunity to gain insights/better understanding into the Government’s disposition and plans on issues, including those on the wider context.
The consultations and engagements entail dialogues, meetings, representation and participation in Government committees, submission of memorandums, and media statements; and the engagement sessions entail those with the YAB Prime Minister of Malaysia and the relevant Ministers.
NCCIM had been in numerous engagements in 2020, with the Government to provide business feedbacks and proposals on the economic management aspects of COVID-19 Pandemic; and a number of NCCIM media statements have also been made on the matter.
The President NCCIM and a delegation of council members had a courtesy call and dialogue session with YAB Prime Minister, Tan Sri Muhyiddin Yassin at Parliament House. YB Senator YM Tengku Dato’ Sri Tengku Zafrul, Minister of Finance and YB Dato’ Sri Mustapa bin Mohamed, Minister in Prime Minister’s Department (Economy) as well as senior Government officials also attended the meeting engagement.
It was a positive engagement session on a raft of issues of immediate concerns to the economy and business community as the country navigates through the recovery stage of the COVID-19 Pandemic. A Comprehensive NCCIM Memorandum was submitted; and the Prime Minister reiterated that the Government and its agencies will work closely with the chamber and welcomes continuing engagement with NCCIM to garner feedback and suggestions to ensure a speedy economic recovery.
The President NCCIM and a delegation of council members had a dialogue session with YB Minister of Finance, Senator Tengku Dato’ Sri Zafrul Tengku Abdul Aziz, to provide feedback on the Budget 2021 and discussion on issues of concerns in the Malaysian economy and amongst the business community; and a memorandum on “NCCIM’s Proposals and Initiatives for Consideration in the Budget 2021 and Economic Revitalization in the Short and Medium Term” was submitted.
It was a frank, cordial and informative discussion on the current economy and business issues and challenges; and the President NCCIM reiterated that businesses were concerned about the resurgence of a third wave of COVID-19 and its lingering impact of uneven recovery in some sectors.
The YB Minister also informed that a working committee will be established together with the chamber representatives to discuss specific issues and targeted solutions to facilitate businesses during this extremely challenging time.
NATIONAL CHAMBER OF COMMERCE AND INDUSTRY OF MALAYSIA Level 3, West Wing, Menara MATRADE Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, MALAYSIA