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Creation Selangor State Open House Tapping Into FREE JULY, 2018 selangorjournal.my f facebook.com/selangorjournal/ It is my honour to continue this legacy of integrity and trust to spur Selangor to greater heights. I believe that this administration will continue to place the well-being of the state and the welfare of its people as top priority. Amirudin Shari, Dato Menteri Besar FEATURE 7 Rising Commercial Game- Changer FEATURE 4 FEATURE 8 Selangor State DAWN Open House OF FEATURE 11 Shaping New NEW Landscape with Co- creation ERA BUSINESS 12 Tapping into Strength of United ASEAN une 19 2018 heralded a new Menteri Besar for Selangor. The young and vibrant Amirudin Shari is the successor to Dato’ Seri Mohamed Azmin Ali who now helms the Ministry of Economic Affairs. Selangor JJournal had the opportunity to interview the Menteri Besar on his hopes and direction in LIFE STYLE 14 leading Malaysia’s golden state. Fat Hopes Story continues on page 4 for Bio-Fuel Industry 02 NEWS July, 2018 | Selangor Journal NEWS Selangor Journal | July, 2018 | 03 Tun M Azmin Ali: Sustaining Chairman of Growth Crucial YPB, Azmin JULY, KUALA LUMPUR – low inflation as well as full em- Minister of Economic Affairs, The mid-term ployment, Azmin Ali said the Dato’ Seri Mohamed Azmin situation behind the headline Ali announced that the mid- review will seek indicators tell a different story. Ali Alternate term review of the Eleventh to address the “The mid-term review will Malaysia Plan is scheduled to seek to address the disparity be tabled on 18 October 2018. disparity of of growth across the states and Addressing the crowd at the growth across income inequities, particular- Chair launch of World Bank’s Malay- the states ly the B40 income group, high sia Economic Monitor – Navi- unemployment rate and the KUALA LUMPUR – Yayasan Following the appointment, gating Change, Azmin Ali said and income rising cost of living. Sustaining Pelaburan Bumiputera (YPB) the Board of Trustees of YPB has that progressive socio-econom- inequities, growth will be a priority with announced that Prime Minister, been restructured to comprise ic policies will be introduced greater focus on citizen-centric Tun Dr. Mahathir Mohamad has Dato’ Seri Mohamed Azmin Ali, to complement current institu- particularly the programmes to ensure a better assumed the position of Chair- Tan Sri Dr. Zeti Akhtar Aziz, for- tional reforms. Issues and de- B40 income quality of life for the people.” man of YPB effective June 28, mer Governor of Bank Negara velopment challenges are being He added that the review will 2018 with Minister of Econom- Malaysia and Tan Sri Dato’ Se- identified and steps to tackle group, high also address outstanding struc- ic Affairs Dato’ Seri Mohamed tia Ambrin Buang, former Audi- them will be proposed at the unemployment tural challenges such as raising Azmin Ali named as Alternate tor General of Malaysia. review. labour productivity, ensuring Chairman of YPB. While current macroeco- rate and the rising quality investment and innova- nomic indicators exhibit strong tion, and pushing industries to performance on the back of ro- cost of living move up the value chain. bust GDP growth, stable and Dr. Zeti KUALA LUMPUR – Tan Sri Dr. retired as the Group Chairman PNB’s New Zeti has been appointed as the of PNB and Trustee of YPB with Adoption Of Digital Economy Group Chairman of PNB with effect from June 30, 2018. effect from July 1, 2018. Tan The Boards of YPB and PNB JULY, KUALA LUMPUR – However, only 62 percent Sri Dr. Zeti is presently one of welcome the appointment of The Government is looking of businesses are connected to the members of the Council of Tan Sri Dr. Zeti and expressed into increasing the adoption of the internet and only 28 per- Group Eminent Persons, entrusted to confidence that given her long- digital economy in view of the cent have a web presence. Ac- advise the Government on mat- standing and vast experience, fast-changing requisites for fu- cording to Azmin Ali, various ters pertaining to economic and she will continue to provide ture development said the Min- efforts are being undertaken financial matters. strong leadership to the PNB ister of Economic Affairs, Dato’ to encourage the utilization Chairman Permodalan Nasional Berhad Group in pursuing its founding Seri Mohamed Azmin Ali in his of digital platforms. “We must (PNB), the investment subsid- mandate to enhance corporate opening remarks at the launch remember that the Multimedia iary for YPB, announced that wealth for the benefit of Malay- of World Bank’s Malaysia Eco- Super Corridor programme was Tan Sri Abdul Wahid Omar has sians. nomic Monitor – Navigating inaugurated by Tun Dr. Maha- Change. thir back in 1996, which envis- “The adoption of digital aged the creation of a Special technologies across both public Economic Zone and hi-tech and private sectors is essential business district. It was intend- in enabling growth in labour ed to leapfrog Malaysia into the ADVISOR productivity and creating a con- 21st century and be the global Editorial Advisory Board, CCSB ducive business environment hub at the forefront of digital for quality investments and in- economy.” CHIEF EDITOR novations.” He adds that with Tun Dr. Cecelia Alphonsus One who is injured ought The report highlights the po- Mahathir back at the helm to- not to return the injury, tential of the digital economy in day, Malaysia has a second MANAGING EDITOR for on no account can it ensuring Malaysia’s successful chance to achieve this. Editorial Ameena Siddiqi be right to do an injustice; transition to a high income and Jack Ma’s Alibaba Group first Team and it is not right to developed economy. Current- country office in Southeast Asia WRITER return an injury, or to do ly, 80 percent of the Malaysian is also expected to be a strategic Batrisyia Jay evil to any man, however population has digital access boost to the Digital Free Trade much we have suffered and are among the most digi- Zone with nearly 2,000 entre- from him tally-connected citizenry in the preneurs registered, the export Aras 2, Carlton Holiday Hotel & Suite, No 1, Persiaran Akuatik 13/43 world. value of SME’s can potentially Seksyen 13, 40100, Shah Alam, Selangor Socrates “It is the single most im- increase to USD38 billion with Tel 03-5523 4856 Fax 03-5523 5856 portant driver of innovation, the creation of 60,000 jobs by Email [email protected] competitiveness and growth. It 2025. holds huge potential for SMEs,” he adds. 02 NEWS July, 2018 | Selangor Journal NEWS Selangor Journal | July, 2018 | 03 Tun M Azmin Ali: Sustaining Chairman of Growth Crucial YPB, Azmin JULY, KUALA LUMPUR – low inflation as well as full em- Minister of Economic Affairs, The mid-term ployment, Azmin Ali said the Dato’ Seri Mohamed Azmin situation behind the headline Ali announced that the mid- review will seek indicators tell a different story. Ali Alternate term review of the Eleventh to address the “The mid-term review will Malaysia Plan is scheduled to seek to address the disparity be tabled on 18 October 2018. disparity of of growth across the states and Addressing the crowd at the growth across income inequities, particular- Chair launch of World Bank’s Malay- the states ly the B40 income group, high sia Economic Monitor – Navi- unemployment rate and the KUALA LUMPUR – Yayasan Following the appointment, gating Change, Azmin Ali said and income rising cost of living. Sustaining Pelaburan Bumiputera (YPB) the Board of Trustees of YPB has that progressive socio-econom- inequities, growth will be a priority with announced that Prime Minister, been restructured to comprise ic policies will be introduced greater focus on citizen-centric Tun Dr. Mahathir Mohamad has Dato’ Seri Mohamed Azmin Ali, to complement current institu- particularly the programmes to ensure a better assumed the position of Chair- Tan Sri Dr. Zeti Akhtar Aziz, for- tional reforms. Issues and de- B40 income quality of life for the people.” man of YPB effective June 28, mer Governor of Bank Negara velopment challenges are being He added that the review will 2018 with Minister of Econom- Malaysia and Tan Sri Dato’ Se- identified and steps to tackle group, high also address outstanding struc- ic Affairs Dato’ Seri Mohamed tia Ambrin Buang, former Audi- them will be proposed at the unemployment tural challenges such as raising Azmin Ali named as Alternate tor General of Malaysia. review. labour productivity, ensuring Chairman of YPB. While current macroeco- rate and the rising quality investment and innova- nomic indicators exhibit strong tion, and pushing industries to performance on the back of ro- cost of living move up the value chain. bust GDP growth, stable and Dr. Zeti KUALA LUMPUR – Tan Sri Dr. retired as the Group Chairman PNB’s New Zeti has been appointed as the of PNB and Trustee of YPB with Adoption Of Digital Economy Group Chairman of PNB with effect from June 30, 2018. effect from July 1, 2018. Tan The Boards of YPB and PNB JULY, KUALA LUMPUR – However, only 62 percent Sri Dr. Zeti is presently one of welcome the appointment of The Government is looking of businesses are connected to the members of the Council of Tan Sri Dr. Zeti and expressed into increasing the adoption of the internet and only 28 per- Group Eminent Persons, entrusted to confidence that given her long- digital economy in view of the cent have a web presence. Ac- advise the Government on mat- standing and vast experience, fast-changing requisites for fu- cording to Azmin Ali, various ters pertaining to economic and she will continue to provide ture development said the Min- efforts are being undertaken financial matters.
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