In a statement on the formation of a new government by Prime Minister Anwar Ibrahim, the association urged the government to streamline the focus on the digital economy, Bernama reported.
“At present, there is no one-stop ministry for the industry but rather various ministries are leading some efforts such as the ministry of communications and multimedia; ministry of science, technology and innovation; ministry of international trade and industry; ministry of finance and the Prime Minister’s Department.
“Perhaps some functions overlap and (these) may require a single ministry to provide focus,” Pikom said.
The association said it hoped to see more collaboration in digital technology between the new government and the industry, which included ascertaining policies to improve domestic capabilities, foreign direct investment and talent in Malaysia.
Other industry associations said they were looking forward to working with the new prime minister and his government.
The Malaysian Palm Oil Association said the plantation industry in Malaysia needed clear support and deserving recognition from the government for its essential contributions to the nation.
“There is much work to be pursued to ensure that the Malaysian palm oil industry can play its full role in supporting a strong economic recovery,” said the associations’ chief executive, Joseph Tek.
The Malaysia Shipowners’ Association hoped the maritime industry would continue to be given priority and support.
Its chairman, Safwan Othman, said the new government should encourage the involvement of government-linked companies in the development of the shipping industry.
The American Malaysian Chamber of Commerce (Amcham) said foreign investors and companies doing business in Malaysia were reassured that the country remained a preferred destination for growth and investment supported by robust and business-friendly government institutions.
“To further bolster Malaysia’s competitiveness, a digitally-driven public service delivery that focuses on efficiency and productivity will drive more investments into Malaysia,” chief executive officer Siobhan Das said.
Yayasan Usahawan Malaysia said the business community is looking forward to the implementation of more significant economic stimulus measures, particularly for micro, small and medium enterprises.
The foundation’s chairman, Nitesh Malani, said the foundation has urged the government to give priority towards managing inflation and strengtheninging the ringgit, and provide achievable and all-inclusive plans for MSME growth.
It also called for an economic advisory committee to be formed to provide input and strengthen economic policies.