KUALA LUMPUR: The next stage of Malaysia's economic development will have to deal with increasing global value chains (GVC) to ensure that there is more value-added components domestically, says Deputy Prime Minister Tan Sri Muhyiddin Mohd Yassin.
More than 50% of the world's manufactured imports are intermediate goods which was evidence of the trend towards heightened GVCs, he noted.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!