Proton must ‘graduate’ from govt protection, says Mustapa


  • Nation
  • Friday, 01 Apr 2016

International Trade and Industry Minister Datuk Seri Mustapa Mohamed said to-date, development at the border areas was quite slow even though they had the potential for cross-border trade with Asean.

PETALING JAYA: Proton needs to “graduate” from Government protection, says International Trade and Industry Minister Datuk Mustapa Mohamed (pic).

In a statement on Friday, Mustapa said that the Government could not continuously protect heavy industries, including the automotive sector, noting that although other countries such as Japan and South Korea have protected their automotive industry, these measures were short- and medium-term in nature, and were eventually abolished.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Nation

Toddler lands in hospital with acute nicotine poisoning in Bera
Boy impales himself on buttocks while climbing metal fence in Sg Besar
Johor sees slight drop in dengue cases
The boys in blue are coming for you, IGP warns culprit who threatened Penang chief cop
KJ says any party he forms will be on his terms
Sabah vet dept has no power to shut down illegal pig farm, says Kitingan
Payung Rahmah initiative to be expanded to cover eyewear, says Salahuddin
Batang Kali landslide report ready by end June, says Nanta
Ranhill SAJ targets to solve Rengit water supply issues
Kulai police hunting trio who posed as cops seen in car chase viral video

Others Also Read