New Business Guide To Track Malaysia’s Journey Towards Developed Nation Status

MalaysiaEconomy

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12 Jan 2010
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Oxford Business Group and EPU Pool Resources for 2010 Report

A first-time partnership signed between the global publishing, research and consultancy firm Oxford Business Group (OBG) and the Economic Planning Unit (EPU) in the Prime Minister’s Department of Malaysia will add a new dimension to the Group’s forthcoming Report on the country’s economy.

Laura Herrero, OBG’s Country Director in Malaysia, said that the EPU’s contribution to The Report: Malaysia 2010, would prove invaluable as the Group’s team begins its task of compiling economic intelligence for the business guide, which will be published next year.

“I am delighted that the EPU will be on board for our fifth report on Malaysia’s business activity,” she said. “The Unit has a broad scope of responsibilities and expertise, which include economic planning and research, coordinating privatisation and evaluating investment activity. These are all themes that OBG will explore in its new report and I am confident that by pooling resources with the EPU, the international business community will be given a first-class picture of the exciting investment opportunities available in Malaysia.”

Tan Sri Nor Mohamed Yakcop, Minister in the Prime Minister’s Department, said that the collaboration with OBG would complement the Unit’s mission to push Malaysia’s socio-economic development forward and strengthen its international competitiveness. “There is no doubt that OBG’s forthcoming report will play a key role in attracting potential investors to Malaysia,” he said. “With the government now channelling its efforts into the 10th Malaysia Plan, it is especially important that players on the global business scene have accurate, credible data at their fingertips which they can use to make their investment decisions. I am confident that OBG’s new report will provide information of this calibre.”

OBG already works with other key local research partners including MIDA and Rusell Bedford LC & Company. The Report: Malaysia 2010 will serve to reinforce OBG’s place as the world market leader in providing accurate, insightful economic information on developing and emerging economies across the continents. Rated as the premier source of information for foreign direct investment into Malaysia’s economy, the highly-anticipated report will be a vital guide to the many facets of the country, including its macroeconomics, infrastructure, political landscape, banking and sectoral developments. The report will be available in print form or online.

 

About Oxford Business Group

 Oxford Business Group (OBG) is a global publishing, research and consultancy firm, which publishes economic and political intelligence on the markets of Asia,the Middle East, Africa, Eastern Europe and the Caribbean. Through its range of print and online products, OBG offers comprehensive and accurate analysis of political, macroeconomic and sectoral developments, including banking, capital markets, insurance, energy, transport, industry and telecoms. 

The critically acclaimed economic, political and business reports have become the leading source of business intelligence on developing countries in the regions they cover. OBG's online economic briefings provide up-to-date in-depth analysis on the issues that matter for tens of thousands of subscribers worldwide. OBG's consultancy arm offers tailor-made market intelligence and advice to firms currently operating in these markets and those looking to enter them.

 

About the Economic Planning Unit

The Economic Planning Unit (EPU) of the Prime Minister’s Department is responsible for formulating policies and strategies for Malaysia’s socio-economic development. It prepares the country’s medium and long term economic development plans, manages the privatisation programme and seeks out ways of strengthening international competitiveness.

The EPU, which was set up in 1961, also advises the government on economic issues and undertakes key research, which assists it in monitoring and evaluating investment activity.

Since its inception, the scope of the EPU has broadened, but the Unit still focuses primarily on formulating economic development plans for Malaysia. One of its current objectives is to improve the quality of life for its population through balanced and sustainable development planning. The Unit is also playing a key role as Malaysia gears up to achieve a developed-nation status by the year 2020.