PETALING JAYA: Penang’s strategic position as a global technology hub, coupled with its strong manufacturing capabilities and forward-thinking policies, positions the state as a key player in driving Malaysia’s high-tech export growth to the United States.
To explore strategies for navigating US trade dynamics and seizing market opportunities, the Global Navigator Series Penang will be held on Jan 7, 2025, at St Giles Wembley, Penang.
Themed “Expanding Horizons: Strategies for US Export Growth,” the event will feature a fireside chat between Standard Chartered Malaysia chief executive officer Mak Joon Nien and Penang Chief Minister Chow Kon Yeow, followed by a panel session and closing presentation.
The aim is to empower Malaysian exporters with the knowledge needed to make informed decisions and achieve sustained success in the competitive US market.
During the fireside chat, Chow will explore Penang’s unique advantages for exporters, sharing the state’s strategic vision and long-term plans to maintain its leadership in high-tech exports.
He will highlight Penang’s strengths in advanced manufacturing, research and development, and its ability to produce high-value products tailored for the United States market.
The conversation will further delve into the Penang government’s initiatives to enhance infrastructure, upskill talent and expand industrial zones to bolster its export ecosystem.
Additionally, untapped sectors such as halal and kosher products, professional services, and advanced medical technology – industries with significant growth potential for exporters – will be discussed.
Chow has been instrumental in driving the state’s progress, with a strong focus on industrial and infrastructure development.
His vision centres on fostering a robust ecosystem that empowers businesses and promotes sustainable economic growth.
A seasoned banker with extensive experience in investment and corporate banking, Mak brings over 27 years of esteemed service with Standard Chartered to the table.
In a separate session, participants will hear from Jonathan Koh, an economist and foreign-exchange (forex) analyst in Asia for Standard Chartered Singapore.
His presentation, titled “US & Malaysia’s Macroeconomic Outlook 2025”, will provide valuable insights into the evolving economic landscape and its potential impact on trade, investments and forex markets in the year ahead.
Attendees can expect actionable takeaways to navigate the complexities of global economic shifts effectively.
Join the Global Navigator Series
An initiative by the Export Excellence Awards (EEA) 2024, the Global Navigator Series will be held on Jan 7, 2025 at 2pm.
It is open to businesses. To register, visit this page.
The EEA 2024 is organised by Star Media Group Bhd, in partnership with Standard Chartered Malaysia, with PKT Logistics Group as a co-sponsor, and Malaysia External Trade Development Corp as patron.
The programme is audited by BDO.
Submissions for the awards are open now until Feb 13, 2025.
For more information on EEA 2024, visit exportawards.com.my or email eea@thestar.com.my.
