Benefits Derive from Good Foreign Relations

Date : 10 October 2011 Venue : Botani Café Activity : 3.0 - Benefits Derive from Good Foreign Relations From this activity, we should observe the role of Malaysia in relations to its neighbours such as Indonesia, Thailand, Singapore, Manila, Brunei and other countries. In tourism and education, Malaysia already has very successful programmes such as Visit Malaysia Year, My Second Home programme and good private colleges that help increase the number of tourists and students from South-East Asia, India, China, and the Middle East. These sectors can be upgraded and expanded substantially as Asia becomes wealthier. The Government’s role and tremendous success in developing a world-class Islamic banking and finance in Malaysia can be applied to other sectors of financial services, for instance, fund management. Foreign fund managers (including successful Malaysian fund managers based in overseas financial centres like New York, London, Hong Kong and Singapore) may be persuaded to make Malaysia a base if the playing field is the same or better than in other financial centres.