As our economies emerge from the COVID-19 pandemic, the policy focus is shifting to questions of long-term transformation: how can we accelerate digitalisation and the climate transition?
At the same time, the context is challenging. Supply chain disruptions and rising energy prices are a concern. Some policies have been effective in supporting economic recovery throughout some parts of the world, but some countries have been hit even harder than others by the pandemic, and not all are recovering at the same pace. Progress on digitalisation and the energy transition has also been far from uniform.
In Malaysia, even with pandemic-accelerated digital adoption, it will never reduce the rural-urban income gap without a proper digital backbone infrastructure nationwide. Our digital ecosystem helped prevent the economy from collapsing during the various lockdown iterations. Now we must endeavour to digitally enable each and every Malaysian so they, too, can participate in the nation’s wealth-building initiatives. We must also take the opportunity to address underlying structural issues in the medium and longer term. This will help Malaysia to future-proof itself to remain competitive.
This year’s conference is about how we can speed-up the digital and climate transitions, whilst recognising and mitigating these asymmetries. It will bring together the perspectives of policymakers, academics, leaders in business and finance, as well as economists from different private and public sector institutions.
By participating in the summit, you’ll be able to know not only about the information on a particular industry but most of the industries. This helps the expansion of businesses all over the world and it opens a new vista of business to all the businessmen. A successful businessperson always stays connected with the business world. Being connected to the business world is no less important than providing quality service and products to the customers.
As told by Richard Branson, “Business opportunities are like buses, there’s always another one coming.” – So, you never know when and how you will miss the opportunity. The Malaysian Economic Summit is the place where you need to play by rules, but you must be ferocious to snatch the opportunity.