Bank CEOs see better year ahead

DATUK AMIRSHAM A AZIZ President/CEO Malayan Banking Bhd

THE outlook for the global economy appears to be much brighter currently than it was a year ago. What do you see are the challenges and prospects for the Malaysian economy for 2004? 

In my opinion, there are two major challenges facing our economy. First, the urgency to enhance the level of competitiveness, both in the production of goods and services for the world market as well as in attracting investment in the knowledge-based industry. Second, to strengthen our country’s position in the global production and supply chain, thus ensuring the continuing relevancy of our economy in the face of globalisation.