megatrend

Comment on YB Azmin’s talk in Khazanah Megatrend

It was a good presentation by YB Azmin but unfortunately will not be able to make significant changes in Malaysia’s economy. By focussing on IMTGT region for business which translate to more than 300 million people will ensure business proceed without facing the tidal wave created by US & China trade war.

Internet and GPS are only tools for economic development. Real factor that will ensure changes in economy toward high income society and high purcasing power is moving toward knowledge based industry. High technology is not the answer. But IoT and cyborg technology does. TVET is the least option. Key parameters are high yield and low production cost.