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Marketing In Asia > Blog > Business > News > Enhanced Global Image Attracts International Business Titans to Malaysia
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Enhanced Global Image Attracts International Business Titans to Malaysia

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Last updated: 2023/08/01 at 7:12 PM
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Malaysia has witnessed a significant upturn in its global reputation, making it an appealing playground for international investments. The powerhouse behind this transformation is none other than the Prime Minister, Datuk Seri Anwar Ibrahim, whose commitment to good governance, sturdy policies, and political stability has caught worldwide attention.

This paradigm shift has been validated as Tesla Inc’s CEO, Elon Musk, made a personal pledge to establish the company’s headquarters in Cyberjaya this year. Anwar sees this commitment as a monumental achievement for Malaysia, stemming from its economic strategies such as the Madani Economy and the transparent governance of the unity government.

The Prime Minister emphasized the critical role of political stability for economic development and investor attraction. He noted the change in tide, contrasting the current flow of dignitaries visiting Malaysia to past times when the country saw a scarcity of such visits. The recent visit of Ferdinand Marcos Jr, the President of the Philippines, after a hiatus of 49 years, was a testament to this change.

Another impending visit set to further bolster this narrative is that of the Sultan of Brunei, Sultan Hassanal Bolkiah. The Sultan aims to explore investment prospects and fortify the Brunei-Malaysia relationship.

Also read: Twitter’s Rebranding Clash: The Tale of the Towering ‘X’

In the backdrop of these encouraging developments, Anwar expressed his disapproval of some entities using an altered version of Sultan of Perak Sultan Nazrin Shah’s speech for political gain. He reasserted the need to respect the royal institution and abide by the Constitution, expressing no sympathy for those who defy these principles.

Anwar also disclosed plans to hold a meeting discussing a proposed salary review for civil servants and retirees. This decision is set to undergo a six-month minimum consideration period as per Chief Secretary to the Government Tan Sri Mohd Zuki Ali. However, interim relief measures such as a special appreciation payment for civil servants and additional assistance for retirees and non-pensionable army veterans have been approved to tide them over this period.

With these moves, Malaysia continues its trajectory towards greater prosperity, stability, and respect on the global stage.

Source: Malay Mail

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TAGGED: civil servants, Datuk Seri Anwar Ibrahim, elon musk, foreign investment, Madani Economy, malaysia, political stability, salary review, Sultan of Brunei, tesla, unity government

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