# data[].attributes.body
The government has allocated a total of RM1 billion for the 200 thousand trainees in the reskilling and upskilling programmes of 2021. Among RM1 billion, RM100 million is allocated to the Human Resources Development Fund (HRDF) in order to carry out training.

Reference:
http://www1.treasury.gov.my/pdf/speech/2021/bs21.pdf

# data[].attributes.body
As a result, Malaysia is still a competitive investment location for foreign investors. From January 2021 to March 2021, the total approved foreign direct investment (FDI) in manufacturing, services, and primary industries increased by 383.4% to RM54.9 billion from RM11.4 billion in the same period last year.

In Malaysia, as we continue to fight the COVID 19 pandemic, the country remains a major investment destination and strategic gateway for investors. The country continued to provide investors with modern needs and equipment. Facts have proved that its insistence on adopting emerging technologies is a huge advantage for domestic manufacturers. The unique value proposition as a high-tech investment and global operations center will continue to attract sustainable high-quality investment activities in the country.

# data[].attributes.body
It is good to assist SME because 98.5% of business organizations in Malaysia are SMEs. Small and medium-sized enterprises are the backbone of the economy. With the implementation of these supporting facilities, it is believed that local SMEs will gradually recover this year, in line with the overall economic growth forecast. The implementation of the economic stimulus plan and the 2021 budget will help small and medium-sized enterprises alleviate cash flow restrictions and enhance business flexibility.

Bad
If what we care about is whether Malaysians of all ethnicities are getting enough help, our first priority should be whether these measures and funding are adequate. In general, other SMEs still enjoy welfare assistance, such as cash subsidies, wage subsidies, loan extensions, unemployment benefits, and other benefits to help the SMEs that are struggling during the pandemic.

# data[].attributes.body
Reference:
https://www.thestar.com.my/business/business-news/2020/11/12/budget-2021-vital-to-boost-investment-sentiment

# data[].attributes.headline
National Supply Chain Finance Platform - Jana Niaga

# data[].attributes.subject
National Supply Chain Finance Platform - Jana Niaga

# data[].attributes.body
The government stated in Budget 2021 that Exim Bank Malaysia will contribute RM300 million to the national supply chain finance platform, which is Jana Niaga. This is a significant step toward assisting SMEs who provide the government and GLCs with cash flow issues. According to the government, Jana Niaga is implemented in line with Petronas (Petroliam Nasional Bhd) and Telekom Malaysia Bhd.

Reference:
https://www.theedgemarkets.com/article/postbudget-2021-supply-chain-finance-alleviate-sme-cash-flow-issues

# data[].attributes.body
SME Bank inaugurated the Lestari Bumi Financing Scheme with an allocation of RM300 million to specifically help Bumiputera micro and small enterprises to move up and convert to a higher category, allowing them to improve production capacity, extend market access, and ensure company sustainability, especially during the COVID-19 pandemic, where many of the micro and small enterprises are seriously affected. According to the Malaysian Companies Commission (SSM), 41,349 firms were affected and shuttered due to the pandemic last year.

Reference:
https://www.smebank.com.my/en/media1/news-and-media/news-release/118-media/news-release/news-release-2021/1265-lestari-bumi

# data[].attributes.headline
Priority on SME and Bumiputera Enterpreneurs

# data[].attributes.subject
Priority on SME and Bumiputera Enterpreneurs

# data[].attributes.body
Prime Minister mentioned that preparing a conducive environment to develop micro, small and medium enterprises will be the top priority in the 12th Malaysia Plan. It also emphasizes the Bumiputera Empowerment Agenda to reduce the disparity between the Bumiputera and other ethnicities.

Reference:
https://www.malaymail.com/news/malaysia/2021/03/01/pm-teases-12th-malaysia-plans-priorities-says-focus-on-battling-poverty-emp/1953785

# data[].attributes.body
To formulate and implement policies regarding industrial growth, international trade, and investment.

# data[].attributes.headline
Reformation in the Investment Policy to be Based on the National Investment Aspirations

# data[].attributes.subject
Reformation in the Investment Policy to be Based on the National Investment Aspirations

# data[].attributes.body
National Investment Aspirations, as known as NIA, that will serve as the foundation for substantial reforms of Malaysia's investment policies, is approved by the Cabinet in April 2021. It will emphasize coherence as well as cohesion, with these goals mirrored in all national policy files and investment initiatives, including the Fourth Industrial Masterplan and 12th Malaysia Plan.

Reference:
https://www.miti.gov.my/miti/resources/Media%20Release/Media_Release_Investment_Policy_Reforms_To_Be_Rooted_In_The_National_Investment_Aspirations_(NIA).pdf

# data[].attributes.body
It is important for Malaysia government by giving support to the high tech companies especially in this COVID-19 pandemic because most of these companies are only in the starting pace and they will become the backbone of Malaysia in the future.

# data[].attributes.body
Under the JENDELA, RM42 million will be spent to improve internet access in 25 industrial zones in order to encourage investment. It is stated that phase one of JENDELA has begun and will last through the end of 2022, with the goal of increasing access to cable internet at speeds of up to one gigabit to 7.5 million homes and businesses. Besides, MCMC will receive RM7.4 billion in 2021 and 2022 under the Digital Infrastructure programme to construct and improve broadband services.

Reference:
https://www.mcmc.gov.my/en/media/press-clippings/budget-2021-rm9-4-billion-to-close-digital-divide

# data[].attributes.body
In order to keep working to close the gap between urban and rural development, a total of RM2.7 billion will be allocated to different rural infrastructure enhancement initiatives and projects. Among the RM2.7 billion allocated, a total of 250 million ringgit has been allocated for electricity in rural areas, with a target of 1,100 homes. Besides, RM632 million would be given for water delivery and targeted alternate sources for 4,800 households in rural regions.

Reference:
https://www.nst.com.my/news/government-public-policy/2020/11/638778/2021-budget-rm27b-allocated-rural-infrastructure-nsttv

# data[].attributes.headline
Focus on Physical and Digital Infrastructure

# data[].attributes.subject
Focus on Physical and Digital Infrastructure

# data[].attributes.body
According to the Prime Minister, physical and digital infrastructure will be constructed in both urban and rural regions to ensure Malaysia's competitiveness and ability to seize new global economic opportunities in 12th Malaysia Plan. Since the government intends to strengthen the digital infrastructure, they may expand and upgrade the broadband infrastructure.

Reference:
https://www.mida.gov.my/mida-news/12mp-to-focus-on-new-economic-drivers-muhyiddin/

# data[].attributes.body
In this era of globalization, cooperation with other countries is important because it can create, adapt, transfer and share knowledge and experience to improve the economy. In addition, Qatar is a high-income economy, so the chances of getting investment from them will be higher. Especially in retail services, cybersecurity, and other areas, these areas will expand Malaysia’s footprint in the global halal industry.

# data[].attributes.body
In order to solve the scarcity of high-skilled jobs, the government has indeed provided feasible solutions. According to the results of 2020, despite the impact of the Covid-19 pandemic, the proportion of women in senior leadership positions in Malaysia has reached 37%, which is unprecedented the highest record, based on Grant Thornton's annual women's business report. However, the government is still issuing training programs, especially training programs in marketing, labeling, and packaging, as well as business and technical guidance to more than 2,000 female entrepreneurs, in order to increase the proportion of highly skilled female employees in 2021. In addition, key areas are undergoing major changes. For example, reduce the unemployment rate of recent graduates, provide training programs to adapt to the changes in IR4.0, and encourage SMEs to transfer their business from offline to online to expand their business globally, even if we encounter the Covid-19 pandemic disease.

# data[].attributes.body
Many developing countries such as China, even Vietnam have already started to develop their countries by using digital technologies therefore Malaysia can imitate them because digital technologies will become the main trend in the future. Moreover, Malaysia should more focus on the coverage of the high-speed internet now because it will affect the lifestyle of the people.

# data[].attributes.headline
Micro Entrepreneurs Business Development Programmes, BizMe

# data[].attributes.subject
Micro Entrepreneurs Business Development Programmes, BizMe

# data[].attributes.body
Under the Micro Entrepreneurs Business Development Programmes, BizMe, more than 2,000 women entrepreneurs will receive training in areas such as marketing, labelling, and packaging, as well as business technical assistance. The government will implement a unique programme for Bumiputera women contractors in order to increase their participation in government contracts.

Reference:
http://www1.treasury.gov.my/pdf/speech/2021/bs21.pdf

# data[].attributes.headline
Upskilling Existing & Producing Future Talent 

# data[].attributes.subject
Upskilling Existing & Producing Future Talent 

# data[].attributes.body
The government plans to improve the current workforce's capacities through national development programmes tailored to specific industrial sectors, as well as support for reskilling and upskilling. In the manufacturing business, they expect growth in the number of high-skilled and multi-skilled employees with high pay, particularly in high-value-added activities.

References：
https://www.miti.gov.my/miti/resources/National%20Policy%20on%20Industry%204.0/Industry4WRD_Final.pdf

# data[].attributes.headline
Promoting Malaysia to Qatari Businesses As A Trade and Investment Hub 

# data[].attributes.subject
Promoting Malaysia to Qatari Businesses As A Trade and Investment Hub 

# data[].attributes.body
It is a Trade and Investment Mission (TIM) with Qatar, one of the Middle-East countries, aiming to promote Malaysia as a preferred investment location and reaffirm the global business community's trust in sourcing from Malaysia. Senior Minister will also hold targeted one-on-one business meetings with prominent leaders of Qatari companies as well as potential investors during the Trade and Investment Mission to further explore new business opportunities and collaboration in retail, cybersecurity, and expanding Malaysia's footprint in the global halal industry.

Reference:
https://www.miti.gov.my/miti/resources/Media%20Release/Media_Release_-_Promoting_Malaysia_As_A_Trade_And_Investment_Hub_To_Qatari_Businesses.pdf

# data[].attributes.body
To promote and boost Malaysia's exports of high-value-added goods and services by enhancing and reinforcing bilateral, regional as well as multilateral trade ties and cooperation.

# data[].attributes.headline
Extension of Industrial Digitalization Transformation Fund (IDTF)

# data[].attributes.subject
Extension of Industrial Digitalization Transformation Fund (IDTF)

# data[].attributes.body
The availability of the Industrial Digitalization Transformation Fund, which is valued at RM1 billion, is extended until 31 December 2023. This fund aims to help the manufacturing companies in adopting Industry 4.0 relating to technologies, and hence, enhance the digitalization activities.

Reference:
http://www1.treasury.gov.my/pdf/speech/2021/bs21.pdf

# data[].attributes.body
The hiring incentive programme under PERKESO, currently known as Penjana Kerjaya, will be continued by the government. In order to allow staff to pursue high-skilled training and professional certifications, the maximum training rate that companies may claim for people hired under the Penjana Kerjaya will be doubled from RM4,000 to RM7,000.

Reference:
http://www1.treasury.gov.my/pdf/speech/2021/bs21.pdf

# data[].attributes.body
Malaysia's government intends to establish a new national investment policy in order to attract more high-quality investors. as well as high-tech MNCs, especially the corporations involving new digital technologies. For example, virtual reality and augmented reality, artificial intelligence, blockchain, and 5G.

Reference:
https://www.virtualpaper.pro/index.php?route=mag/article&tracking=607e4f9a25482&a_id=747

# data[].attributes.headline
Trade and Investment Mission to the Middle East 

# data[].attributes.subject
Trade and Investment Mission to the Middle East 

# data[].attributes.body
This mission is part of MITI's ongoing efforts to develop commercial possibilities and strategic relationships between Malaysia and the West Asia region. It is anticipated to enhance Malaysia's value proposition as a favored investment destination as well as a trading partner by increasing the confidence of business communities in the West Asia region.

Reference:
https://www.virtualpaper.pro/index.php?route=mag/article&tracking=607e4f9a25482&a_id=751

# data[].attributes.body
Bank Negara Malaysia (BNM) will create a High Technology Fund, amounting to RM500 million in order to promote high-tech and innovative businesses. It may help Malaysia to retain its competitiveness in the global supply chain, as well as protect high-skilled employment.

Reference:
https://www.theedgemarkets.com/article/govt-lays-out-measures-drive-foreign-investments-malaysia

# data[].attributes.headline
Special Incentive Package for High Value-added Technology Investments

# data[].attributes.subject
Special Incentive Package for High Value-added Technology Investments

# data[].attributes.body
RM1 billion will be provided as a special incentive package for high value-added technology. The purpose of this package is to encourage R&D investments in aerospace as well as electronic clusters. For example, Batu Kawan, Penang and Kulim, Kedah industrial parks.

Reference:
https://www.theedgemarkets.com/article/govt-lays-out-measures-drive-foreign-investments-malaysia

# data[].attributes.body
To encourage and expedite the use of digitalization and new technologies, including data-driven policies, in order to help industries become more internationally competitive.

# data[].attributes.body
To assist small and medium enterprises (SMEs), especially indigenous industries, as well as the Bumiputera community in becoming internationally competitive and integrating into the global value chain.

# data[].attributes.body
To aid Malaysia becoming a developed country and to improve the rakyat's well-being.

# data[].attributes.body
To provide Malaysia's increasing workforce with innovative and high-skilled job opportunities.

# data[].attributes.body
References:

https://www.miti.gov.my/index.php/pages/view/2047?mid=29

https://www.miti.gov.my/index.php/pages/view/1690?mid=110

# data[].attributes.body
To formulate and implement investment, trade and industrial policies to generate sustainable economic growth.