The Look East Policy (LEP) has run for over 30 years as a premier forum for Malaysian-Japanese relations. This event has three hosted panels and presentations on topics relevant to the economic of the two countries.
Arrival and Registration
Special Address : Perspectives on the Look East Policy Efforts
Presentation : Bracing for an Investment Upcycle?
Presentations: Abenomics – Implications
Presentations : Malaysia – The Way Forward
Lunch & Special Talk : Luxury Sector as an Asian Bellwether
Perspectives on the Look East Policy efforts
LEP which was first announced in 1982 by Tun Dr. Mahathir sets the policy to improve and promote bilateral relations between Japan and Malaysia. Over the years, LEP had contributed successfully to economic development between the two countries. In December 2013, both countries have once again agreed on the second phase of the LEP, looking to strengthening the bilateral relationship further. Will this new phase provide further economic stimulus for the two countries to deepen the bilateral relations and contribute successfully for the country to achieve further economic progress?
Bracing for an Investment Upcycle?
With the advanced economies recovering, including Japan, Malaysia will likely stand to benefit from further increase in FDI flows. In 2013, Malaysia secured a stellar performance of RM38.8bn (or roughly about US$11.9bn) in FDIs, which exceeded the country’s highest ever recorded FDIs of RM37.3bn in 2011 (vs. RM31.1bn in 2012), despite uncertainties in the global economy in the last three years.
The Ministry of International Trade and Industry (MITI) acknowledged that the strong increase in FDIs in recent years was attributed to more corporations and prominent multinational companies (MNCs) establishing their regional and global operations in Malaysia, supported by government’s policy advocacy to create a conducive environment for the business community in the country. Looking forward, with the ASEAN economic integration through AEC, Malaysia will continue to be an attractive investment destination for FDIs.
The sustained recovery in Japan’s economy will facilitate further opportunities and success for the second phase of LEP. What is the outlook on Japan’s economy and how will Abenomics impact on the economic growth prospects?
Will Japan continue to invest abroad, especially with the prospect of an ASEAN single market? Will the small and medium-sized enterprises (SMEs) in Malaysia be able to attract technology-intensive industries from Japan to enhance our industries’ efficiency and productivity?
Malaysia – The Way Forward
Moving forward towards 2020, Malaysia will need to look for new strategies to sustain the economic momentum for the country to achieve the goal of high-income status. In the upcoming Eleventh Malaysia Plan (2016-2020), what will be the comprehensive economic transformation programme to be introduced for the country to achieve this high-income status? How will the Malaysian government assist in ensuring sustained recovery in exports and strong growth in private investments?
Tun Dr. Mahathir Mohamad
Honorary President, Perdana Leadership Foundation
Tun Dr. Mahathir Mohamad opened the country to foreign investment, reformed taxation, reduced trade barriers, the privatisation of numerous state-owed enterprises, besides creating a world-class physical infrastructure. He also sought to bridge Malaysia’s ethnic divides by increasing general prosperity. In 1991, he launched the New Development Policy, which emphasised industrial and commercial development and the elimination of poverty.
Under Tun Dr. Mahathir’s leadership, Malaysia developed into one of the most prosperous and dynamic economies in Southeast Asia, with a burgeoning industrial sector, an expanding middle class and enhanced quality of life. Malaysia also played a more active role in the international arena, acting as the voice for developing nations in Asia and Africa.
Always with one eye on the future, Tun Dr. Mahathir Mohamad unveiled Vision 2020 in 1991, a blueprint for Malaysia’s journey to becoming a developed economy and a mature democracy by the year 2020.
Dato' Azman Mahmud
Chief Executive Officer, Malaysian Investment Development Authority (MIDA)
Dato’ Azman Mahmud was appointed as Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) in February 2014.
He has been with MIDA for over 25 years with various leadership positions in the US, Japan and Malaysia covering promotion strategy and manufacturing & services growth where he played a significant role to promote investments into Malaysia.
He has extensive experience in the international business as well as a broad understanding of the development of the manufacturing and services sectors in Malaysia.
Dato’ Azman holds a degree in Engineering from Universiti Putra Malaysia, and had attended several Senior Management Programmes at the Harvard Business School and INSEAD.
Mr. Kazuhiro Takahashi
Chief Economist, Daiwa Securities Co. Ltd.
Mr. Kazuhiro Takahashi joined Daiwa Securities in 1984 where he started as an equity analyst. He has over two decades of experience analyzing equity markets from macroeconomic viewpoints in several sections including Investment Trust and Equity.
Mr. Takahashi graduated from Keio University and Kennedy School of Government, Harvard University. He has a master degree in public policy.
Dr. Kazuhiro Kawase
Chief of Economic Section, Councillor, Embassy of Japan in Malaysia
Dr. Kazuhiro Kawase began his career with the Ministry of Foreign Affairs, Japan in 1995. He has held various positions at the Ministry of Foreign Affairs and Ministry of International Trade and Industry. He served as Private Secretary to Parliamentary Senior Vice-Minister for Foreign Affairs and as Principal Deputy Director, International Press Division of the Minister’s Secretariat prior to assuming his present position in 2012.
Dr. Kawase graduated with an LL.B. from the Kyoto University and an MPhil in Sociology and Politics of Development from the University of Cambridge. He obtained his Ph.D. in International Relations from the National Graduate Institute for Policy Studies (GRIPS), Japan.
Datuk K. Yogeesvaran
Deputy Director General (Macro), Economic Planning Unit (EPU), Prime Minister’s Department
Datuk K. Yogeesvaran started his career with the Ministry of Agriculture in the Policy Planning Section. He has held various positions with the Ministry of Finance and later with the Economic Planning Unit (EPU) of the Prime Minister’s Department where he assumed his present position in 2011.
Datuk Yogeesvaran graduated with a B.Arts (Economics) Honours from the University of Malaya, an LL.B. from the University of London, and an M.A. Economics (Distinction) from the Manchester University, UK. He has also attended several senior management courses with the International Monetary Fund (IMF), Harvard Institute for International Development, and the Melbourne Business School.
Mr. Mohd. Ridzal Sheriff
Deputy Secretary General (Trade), Ministry of International Trade and Industry (MITI)
Mr. Mohd. Ridzal Sheriff was appointed as Deputy Secretary General (Trade), Ministry of International Trade and Industry (MITI) in April 2012. His role as Deputy Secretary General includes oversight over bilateral and multi-lateral trade relations. He also plays a management role in foreign and domestic policy formulation, and is currently the Senior Economic Official representing Malaysia in ASEAN and the Chief Negotiator for the 16 nation Regional Comprehensive Economic Partnership negotiations.
Ridzal has over 21 years of experience in the financial services industry. He started his career in 1991 in corporate finance and was later involved in stockbroking and derivatives trading. In 2000, Ridzal was appointed as CEO of the Malaysian Derivatives Clearing House and then the Group Head for Business Development of Bursa Malaysia where he led the development and promotion of the Malaysian equities, derivatives and Islamic markets. In 2006, Ridzal joined Deutsche Bank Group as Director, Corporate Investment Banking and later the Global Transaction Banking Head for Malaysia. He also served the Deutsche Bank Group in various leadership positions until his departure in 2012.
Ridzal is currently also the Deputy Chairman of SME Corporation Malaysia.
Tan Sri Dr. Sulaiman bin Mahbob
Chairman, Malaysian Institute of Economic Research (MIER)
Tan Sri Dr. Sulaiman Mahbob is the Chairman of Malaysian Institute of Economic Research (MIER). He served the Government of Malaysia with distinction for over 38 years where he held various senior positions, culminating in his appointment as Director-General of the Economic Planning Unit (2006-2009) prior to his retirement from civil service.
Tan Sri Sulaiman is currently the Chairman of Jambatan Kedua Sdn Bhd, and sits on the Boards of Bank Negara Malaysia and Institute of Strategic & International Studies (ISIS). He is an Adjunct Professor (Economics) at the University of Malaya, Universiti Utara Malaysia and Universiti Tun Abd Razak. He is an active contributor of articles on the Malaysian economy in local media, especially for The Star and New Straits Times.
Tan Sri Sulaiman obtained his undergraduate degree at the University of Malaya, Master of Science from University of London, and Ph.D. at Syracuse University, New York. He attended a course on World Currency Reformat Harvard University, USA in 1999.
• Mr. Kazuhiro Takahashi
• Dr. Kazuhiro Kawase
• YBhg. Datuk K. Yogeesvaran
• Mr. Mohd Ridzal Sheriff
Mr. Sam Coleman
Editor-in-Chief, Esquire Malaysia & Singapore
A wandering troubadour of English language media, Sam has been an international editor across continents and countries, delving into lifestyle publications such as Expatriate Lifestyle and indie weeklies like Amsterdam Weekly or Budapest Week, as well as titles like Time Out KL and countless other projects.
Disclaimer: Comments & recommendations highlighted in the seminar rely on the individual opinions of the ones providing the comments & recommendations. These opinions may not fit to your financial status, risk & return preferences & hence an independent evaluation is essential. Investors are advised to independently evaluate particular investments and strategies & to seek independent financial, legal & other advice on the information and/or opinion contained in the seminar before investing & participating in any of the securities or investment strategies & transactions.