KUALA LUMPUR: The local companies that have shown excellent performances, resilient and determined to stay strong and continue with their businesses in the midst of uncertain global markets and the COVID-19 pandemic should be celebrated.
Prime Minister, Datuk Seri Ismail Sabri Yaakob said, their achievements should be an encouragement for others to follow specifically the management aspects and the business models.
The Prime Minister added, the Industry Excellence Award is organised biannually aimed at giving recognition to a company that has shown excellent performance besides encouraging the company to improve its products and the services offered.
Ismail said, the Industry Excellence Award 2020 event is organised by the Ministry of International Trade and Industry (MITI) and is one of the government’s effort in recognizing the excellence achievement of the industrial sector.
“I am happy on the effectiveness and the impact of the Industrial Immunisation Joint Public-Private Programme (PIKAS) led by MITI that has contributed significantly to the efforts of the government to elevate the immunisation of the industrial workers and reduced the cluster risk at the work places.
“As a measure to help reduce the effect of the pandemic to the economy including the private sector, the government has provided eight economic stimulus package worth RM530 billion,” Ismail said in his speech at the Industry Excellence Award 2020 ceremony via TV1 live telecasted here Tuesday evening ( Nov.2).
The Johor Port Berhad has been awarded RM500, 000 cash for winning the Prime Minister Award, the highest award at the Industry Excellence Award 2020.
The Prime Minister added, besides the government aids and proactive approach via the implementation of the economic recovery plan, the World Bank has projected the Gross Domestic Product (GDP) of Malaysia for 2022 will increase to 5.8 per cent compared to the original projection of 4.2 per cent.
Ismail said, in order to enable Malaysia to stay relevant as trade partners and selected investment destination, MITI is framing the new National Investment Aspiration to pull strategic investments with high economic impact and value.-Malaysia World News