Malaysia-Japan Economic Forum on 4 February 2016 at Mandarin Oriental Hotel, Kuala Lumpur

Dr. Akio Mimura, Chairman of the Japan Chamber of Commerce and Industry (JCCI) led  a high-level JCCI Economic Mission to Thailand and Malaysia on 4 and 5 February 2016.  Dr Akio Mimura is the Senior Advisor and Honorary Chairman of Nippon Steel & Sumitomo Metal Corporation.   The delegation sought to enhance the bilateral relationship between Japan and Malaysia, to support the globalization activities of Japanese SMEs, as well as to explore business development of Japanese companies in and with Malaysia, and to look for collaboration possibilities with Malaysian companies.

With these objectives, JCCI and MAJECA  jointly organized the “Malaysia-Japan Economic Forum” on 4 February 2016 at the  Mandarin Oriental Hotel, Kuala Lumpur.

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“Malaysia-Japan Economic Forum” backdrop at Mandarin Oriental Hotel, Kuala Lumpur

 

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(right) Dato’ Md Taib Abdul Hamid, Vice-President, MAJECA presenting a souvenir to Mr Akio Mimura, Chairman of the Japan Chamber of Commerce and Industry (JCCI) with (center) Datuk Seri Mohmed Iqbal, Vice-President and Honorary Secretary, MAJECA

 

The Forum highlighted the business potential in Malaysia, focusing on 2 primary topics:-
(i) Energy Issues & Concerns/ Energy Efficiency,
(ii) Malaysia’s position as a Halal Hub

Dr. Akio Mimura, Chairman of the Japan Chamber of Commerce & Industry (JCCI) delivered the Opening Remarks and Tan Sri Azman Hashim, President of MAJECA delivered the Welcome Remarks at the Forum.

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(left) YB Dato’ Seri Ong Ka Chuan, Second Minister of International Trade and Industry, Malaysia arriving at the Forum with (right) Tan Sri Azman Hashim, President, MAJECA

The Second Minister of International Trade and Industry, Malaysia, YB Dato’ Seri Ong Ka Chuan delivered the Keynote Speech at the Forum.  In his Keynote Speech, the Second MITI Minister gave an update on Malaysia’s Economy and also addressed issues on economic integration, particularly through TPP, RCEP and the ASEAN Economic Community (AEC) and offered encouragement and support from the Malaysian Government on how these regional platforms can enhance Malaysia’s economic growth and global market reach through the Japanese participation in the various economic sectors.

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YB Dato’ Seri Ong Ka Chuan, Second Minister of International Trade and Industry, Malaysia delivered the Keynote Speech at the Forum

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(right) Dr. Akio Mimura presenting a souvenir to YB Dato’ Seri Ong Ka Chuan with (center) Tan Sri Azman Hashim

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(Group photo – left to right) Dato’ Md Taib Abdul Hamid, Vice-President MAJECA, H.E. Dr Makio Miyagawa, Ambassador of Japan to Malaysia, Dr Akio Mimura, Chairman of JCCI, YB Dato’ Seri Ong Ka Chuan, Second Minister of International Trade and Industry, Malaysia, Tan Sri Azman Hashim, President MAJECA, Datuk Seri Mohamed Iqbal, Vice-President and Honorary Secretary MAJECA and Mr Toru Ishida, President of JCCI

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Participants at the Forum

Datuk Seri Mohamed Iqbal, Vice-President and Honorary Secretary of MAJECA and Mr Toru Ishida, President of JCCI and Tokyo Chamber of Commerce & Industry chaired the Panel Session 2.

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(left to right) Mr Nasser Abu Bakar, Associate Director, Brahims Holding Berhad, Mr Mohd Aminuddin Sham Tajuddin, Director of Food, Biotech and Halal Section, MATRADE, Ms Zuaida Abdullah, Director, Clean Technology & Environment Management Division, MIDA, Datuk Seri Mohamed Iqbal, Vice-President and Honorary Secretary MAJECA, Mr Toru Ishida, President of JCCI, Mr Kazuaki Kama, Chairman of the Board, IHI Corporation, Japan and Mr Toshiro Uchida, Executive Officer, International Business Headquarters, Nippon Express Co. Ltd., Japan

 

Session 2 speakers included:-
(a) Energy Issues & Concerns/Energy Efficiency

(i) Ms Zuaida Abdullah, Director, Clean Technology & Environment Management Division, Malaysian Investment Development Authority (MIDA)
(ii) Mr Kazuaki Kama, Chairman of the Board, IHI Corporation, Japan

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Ms Zuaida Abdullah, Director, Clean Technology & Environment Management Division, MIDA

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Mr Kazuaki Kama, Chairman of the Board, IHI Corporation, Japan

 

(b) Halal Food Supply Chain

(i) Mr Mohd Aminuddin Sham Tajuddin, Director of Food, Biotech and Halal Section, Malaysia External Trade Development Corporation (MATRADE)
(ii) Mr Nasser Abu Bakar, Associate Director, Brahims Holding Berhad
(iii) Mr Toshiro Uchida, Executive Officer, International Business Headquarters, Nippon Express Co. Ltd., Japan

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Mr Mohd Aminuddin Sham Tajuddin, Director of Food, Biotech and Halal Section, MATRADE

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Mr Nasser Abu Bakar, Associate Director, Brahims Holding Berhad

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Mr Toshiro Uchida, Executive Officer, International Business Headquarters, Nippon Express Co. Ltd., Japan

 

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(left to right) Mr Nasser Abu Bakar, Ms Zuaida Abdullah, Mr Mohd Aminuddin Sham Tajuddin, Dr. Akio Mimura, Tan Sri Azman Hashim, Datuk Seri Mohamed Iqbal, Mr Kazuaki Kama, Mr Toshiro Uchida and Mr Toru Ishida

80 MAJECA members from 50 companies together with 54 JCCI delegates from 23 companies, attended the Forum.


Some of the newspaper cuttings on the event

Newspaper Cutting - NST on 5 February 2016 (Prime News)

“Najib Looks East” – The New Straits Times on 5 February 2016

 

Newspaper Cutting - The Star on 5 February 2016 (Nation)

“Japan to help boost Halal Industry” – The Star on 5 February 2016

 

Newspaper Cutting - NST on 5 February 2016 (News)

“Tap Opportunities in Multilateral Trade Pact, SMEs told” – The New Straits Times on 5 February 2016

 


Visit of Mr Akira Kajita, Managing Director, JETRO and Team to MAJECA Secretariat on 18 February 2016


Mr Akira Kajita, Managing Director of JETRO, Kuala Lumpur office together with Mr Yoshihisa Takenaga, Senior Director and Mr Rasol Abu Bakar, Director visited MAJECA Secretariat on 18 February 2016 and met Ms Ng Su Fun, Executive Secretary and Ms Florence Khoo, Asst. Executive Secretariat of MAJECA.

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(left to right) Mr Rasol Abu Bakar, Director, JETRO, Mr Yoshihisa Tekenaga, Senior Director, JETRO, Mr Akira Kajita, Managing Director, JETRO, Ms Ng Su Fun, Executive Secretary, MAJECA and Ms Florence Khoo, Assistant Executive Secretary, MAJECA

JETRO will be organising an “Invest Japan Symposium” on 15 March 2016 at the Mandarin Oriental Hotel, Kuala Lumpur.

MAJECA is a supporting organisation of this symposium together with MATRADE and MIDA. The event is supported by:

 

  • The Ministry of International Trade & Industry (MITI), Malaysia
  • Ministry of Economy, Trade and Industry (METI), Japan
  • Embassy of Japan in Malaysia
  • The Japanese Chamber of Trade & Industry, Malaysia (JACTIM)
  • ASEAN Business Club and ASEAN BAC

Report of the 41st ASEAN-Japan Business Meeting (AJBM) in Singapore on 12 October 2015

1.0 The 41st ASEAN-Japan Business Meeting (AJBM) was successfully held at the Fullerton Hotel, Singapore on 12 October 2015.

2.0 The theme of the Conference was “Thoughts Connected, Futures Connected” in line with the future of ASEAN and Japan in the next 50 years.

3.0 The Japanese side was led by Mr Toshiyuki Shiga, Co-Chair, Asia/Middle-East-Japan Relations Committee of Keizai Doyukai and concurrently, Vice-Chairman of Nissan Motor Co. Ltd, together with Mr Koichi Kawana, Co-Chair of Asia/Middle East-Japan Relations Committee, Keizai Doyukai concurrently, President and Representative Director of JGC Corporation.

The Chairman and Co-Chair of the 41st AJBM was Mr Cecil Leong, CEO of Mayer Brown Consulting, Singapore.

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Mr Cecil Leong, Chairman and Co-Chair of the 41st AJBM and CEO of Mayer Brown Consulting, Singapore delivered the Opening Remarks at the 41st AJBM

4.0 Opening Ceremony

  • Welcome Remarks were delivered by:
  • Dr Robert Yap, Chair, ASEAN Business Advisory Council, Singapore Chapter; Chairman, ASEAN Business Group, Singapore Business Federation (SBF)
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Dr Robert Yap, Chair, ASEAN Business Advisory Council, Singapore Chapter and Chairman, ASEAN Business Group, Singapore Business Federation (SBF) delivered the Welcome Remarks at the 41st AJBM

  • Mr Toshiyuki Shiga, Co-Chair, Asia/Middle East-Japan Relations Committee, Keizai Doyukai
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Mr Toshiyuki Shiga, Co-Chair, Asia/Middle East-Japan Relations Committee, Keizai Doyukai delivered the Welcome Remarks at the 41st AJBM

  • The message from Prime Minister Abe was delivered by H.E. Haruhisa Takeushi, Ambassador of Japan to Singapore.
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H.E. Haruhisa Takeushi, Ambassador of Japan to Singapore delivered a Message from the Prime Minister of Japan, Abe

  • There was no Special Guest of Honour from the Singapore Government.

5.0 Panel Session 1 – Winning in an ever-changing ASEAN: The Future of the Regional Operating Model.

The keynote speaker was Ms Alison Kennedy, MD, ASEAN, Accenture Strategy and the Moderator was Mr Chikatomo Hodo of Accenture, Japan.

• This panel was tasked to address the immediate opportunities facing ASEAN, Japan and the region and sought to examine and discuss the solutions that can help us to respond to challenges in our supply chain.

• ASEAN is changing rapidly.  ASEAN is growing and will become the world’s 6th largest GDP by 2020 through consistent economic growth with a projected population of 680 million by 2020.  The diversity of ASEAN demographics is a favourable asset, with rising disposable incomes fueling rapid urbanization. This will in turn, fuel consumption growth drivers.

• The challenges before ASEAN include different economic models and political systems and different currencies.  With ASEAN Economic Community (AEC) in place on 1 Jan 2016, there are many opportunities but also many issues to navigate.

• Japanese businesses continue to expand across ASEAN and we have witnessed their switch from China back to ASEAN, with a focus on promoting regional-wide operations.

• In order to take advantage of the emerging opportunities in ASEAN, companies need to focus on 5 key capabilities and leverage on them. These include:

1) Local market strategy – localize market and consumer offerings through deeper understanding of individual customer needs, preferences and lifestyles.

  • How do we use customer analytics to understand the customer, what they want/how fast they want it and if investments are working to drive customer retention, loyalty and growth?
  • How do companies develop the right combination of digital and traditional investments needed to deliver a multi-channel/ omnichannel customer experience?

2) Agile operations – Flexible operations to sense and quickly respond to the market changes and optimize inventory, asset footprint, etc. regionally.

  • How can our operations respond quickly to demand, both in facilities and across a global network? How can we reduce product and operations complexity?
  • What operating model will help us quickly respond to business and market volatility? How can we leverage ecosystem collaboration? What is the role of M&A in our operating model?

3) Leverage workforce diversity – leverage ASEAN workforce diversity (cost, demographic, skills) to optimize operations.

  • What should ASEAN talent strategy for our core workforces (engineering, manufacturing, planning) be? How do we manage change within the organization? What new roles/skills will be needed? How do we attract “digital natives”?
  • How will digital impact ASEAN talent strategy? How can we virtualize my talent pool? (e.g. crowdsourcing)?

4) Digital innovation – drive new level of customer engagement and competitive advantage through disruptive and innovative ideas.

  • How do we fuel technology-led innovation and frugal innovation? How can digital boost our innovation strategy to create market differentiation?
  • How can organisations respond to the digital disruption that is impacting their growth agenda from digital customers to create a digital strategy?

5) Optimal Cross-border operations – compliant, cost effective cross border product flow through an optimized regional network.

  • How does the trading play a critical role in the ASEAN business?
  • How do you see the future state of trade facilitation operations by leveraging digital?
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(left to right) Mr Chikatomo Hodo, Mr Kerry Mok, Mr Kensaku Konishi, Ms Jennifer Han, Ms Chian Voen Wong, Ms Alison Kennedy (Keynote Speaker at Session I) and Mr Eddie Siow

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Tan Sri Azman Hashim, President of MAJECA asking a question during the Panel Session I

6.0     Panel Session 2 – Business Integration : Closer ASEAN & Japan Partnerships

  • The keynote speaker was Mr Kazumi Nishikawa, Executive Director of JETRO Singapore and Special Advisor to the Minister, Ministry of Economy, Trade and Industry (METI).  The moderator was Mr Paul Theiss, Chairman, Mayer Brown.
  • This session aimed to explore opportunities for greater regional business integration and collaboration via platforms such as the AEC, the Regional Comprehensive Economic Partnership (RCEP) and the Trans Pacific Partnership Agreement (TPPA).
  • ASEAN Economic integration will continue towards AEC 2025.  The speed and quality of Asian integration will determine the ‘success’ of AEC 2025. Foreign MNCs have been looked upon to raise the level of ambitions of AEC 2025.
  • The old image of industrial structure of ASEAN countries include:
    • National flagship businesses (SOE, conglomerate) e.g. Singapore Airlines, Maybank, Singtel
    • Regional/global business : MNC and affiliated SMEs e.g. Toyota, GE, Dannon.
    •  Infrastructure, real estate, retail, services e.g. Central, Ayala.
  • Industrial structural reform is important and needed as this will encourage new movements via:
  1. Strategic alliances among different nationalities as well as among different corporate culture.
  2. Conglomerate expansion with/including region wide SME partnerships.
  3. To note the increasing expansion of Chinese companies to Asia (especially in the finance, real estate and services sector).
  4. The emergence of young entrepreneurship especially in IT, e-commerce, healthcare, tourism.
  5. Emergence of “ASEAN Company” or “Asian Company” e.g. AirAsia, CIMB, Jebsen & Jessen.
  • Government-led market integration (sub-regional, ASEAN-wide or Asian-wide) can provide the momentum and/or accelerate company-led business integration (be it intra-ASEAN, Asian-wide, MNC/SME) and vice-versa.
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(left to right)Mr Paul W. Theiss, Mr Tetsuya Iguchi, Mr Kazumi Nishikawa (Keynote Speaker at Session 2), Mr Sony B. Harsono, Mr Manu Bhaskaran, Dr Bunluasak Pussarungsri and Mr Bruce Nicolas Delteil

7.0 Panel Session 3 – Regional Opportunities in Selected ASEAN Countries

The moderator of this Session was H.E. Teng Theng Dar, Singapore’s Non-resident Ambassador to the Sultanate of Oman.  This Session aimed to look at country specific initiatives and possibilities covering dynamic and evolving economies in the region.

7.1 Ascendas – Singbridge (Singapore) – a leading provider of integrated and sustainable urban business environments.

The world today is faced with:
– slowing global economy (inspite of a vibrant ‘shadow’ economy – what else is driving the economy that has yet to be captured?
– China effect – OBOR (One Belt One Road – the new silk road), rising Chinese entrepreneurship
– Anticipated rising interest rates, oil and commodity price
– Security threats and migrant crisis issues.

7.2 Sumitomo Mitsui Banking Corporation in Indonesia.

  • SMBC aims to become a global financial group to lead Asia’s development.
  • It provides a wide range of financial solutions to existing corporate clients, and expanding target to include new medium sized clients.
  • SMBC gave example of its services in Indonesia.

7.3 PT Catur Yasa (Indonesia)

  • Indonesia faces the challenge of connectivity, due to its large geographical spread of many islands.
  • These challenges present opportunities for infrastructure development in the areas of:

a) Roads and rail construction
b) Energy infrastructure (petrol, coal, and gas, renewable energy)
c) Maritime facility infrastructure – development of 7 key major ports.

7.4 ANCO Group (Cambodia)

  • Special economic zone in Poipet – border of Cambodia and Myanmar. Border town Poipet has an economic zone with Japanese investments, creating many jobs for the locals.
  • Much more foreign investment and infrastructure development is needed.

7.5 Mayer Brown (Myanmar)

  • Mayer Brown is assisting Myanmar to develop a number of power projects, besides infrastructure such as telco tower financing, hotel management agreements and international/Myanmar JVs.
  • Myanmar’s laws are still at infant stages and still developing.
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(left to right) Mr Ryuji Nishisaki, H.E. Teng Theng Dar, Mr Kusumo A. Martoredjo, Mr Phu Sae Tong and Mr Nathan Dodd

8.0     Closing

Japan Keizai Doyukai announced that the 42nd AJBM will be held in Japan in 2016.

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Group Photo after the end of 41st ASEAN-Japan Business Meeting (AJBM)

9.0   42nd Steering Committee Meeting

The next Steering Committee Meeting for the 42nd AJBM will be held in Cambodia.

6th ASIAN BUSINESS SUMMIT ON 12th AND 13th JULY 2015 IN TOKYO, JAPAN – Malaysia’s “Look East Policy” Gets Asian Recognition

Malaysia’s “Look East Policy”, which has helped Malaysia’s industrial development programme over three decades was given recognition at the 6th Asian Business Summit held in Tokyo, Japan on 12th and 13th July 2015.  “This is a tribute to Malaysia and is being looked at as a model for some Asian countries,” said Datuk Seri Mohamed Iqbal Rawther, Vice-President of MAJECA – Malaysia-Japan Economic Association and Director of the Look East Policy Centre, Malaysia.  Datuk Seri Iqbal was Malaysia’s representative to the 6th Asian Business Summit, which was attended by fourteen Economic and Business Federations from twelve countries.  The Summit was hosted by KEIDANREN, the Federation of Corporate Executives of Japan.

The Summit addressed some of the key challenges faced by Asian economies and how businesses should position to face the global volatilities as well as take advantage of the rising importance and influence of Asia on the world arena.

Regional integration issues, especially the prospect of the ASEAN Economic Community (AEC) and the Regional Comprehensive Economic Partnership (RCEP) initiatives were discussed. Infrastructure development prerogatives and the financing of large-scale projects for transportation and port facilities for increasing trade flows between countries within Asia and linkages to the rest of the world, were given special focus.

The outcome of the Summit and the recommendations, endorsed by the delegates, were contained in a Joint Statement presented by the Chairman of KEIDANREN, Dr. Sadayuki Sakakibara to the Prime Minister of Japan, Mr Shinzo Abe, at the Special Session of the Summit.

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(Note: Datuk Seri Mohamed Iqbal Rawther with the Prime Minister of Japan, Mr Shinzo Abe at the Special Session of the 6th Asian Business Summit on 13 July 2015 in Tokyo. Photo courtesy of KEIDANREN)

 

38th Annual General Meeting (AGM) of MAJECA on 27 May 2015

MAJECA held its 38th Annual General Meeting (AGM) at the Banquet Hall, 26th Floor, Bangunan AmBank Group, Jalan Raja Chulan, Kuala Lumpur on 27 May 2015.

Tan Sri Azman Hashim, President of MAJECA chaired the MAJECA AGM upon obtaining the required quorum from MAJECA members at 4:00pm.

The President welcomed all members and the Executive Committee members and proceeded with the business of the AGM.

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(Centre) Tan Sri Azman Hashim, President of MAJECA chairing the 38th Annual General Meeting of MAJECA with (left) Datuk Seri Mohamed Iqbal, Vice President & Hon. Secretary, MAJECA and (right) Tan Sri Dato’ Seri Lodin bin Wok Kamaruddin, EXCO Member MAJECA

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(left to right) Datuk Peter Lim Siong Eng, EXCO Member MAJECA, Mr Ong Ka Thim, Master Builders Association Malaysia, Mr Muhammad Hakimi Abu Othman, PNB Equity Resource Corporation Sdn Berhad and Mr Muhammad Farhi bin Zuber, Port Klang Authority

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(left to right) Mr Isham Ishak, SME Corp Malaysia, Mr Mohd Najib Mohd Seth, Boustead Holdings Bhd, Mr Sivadasan A/L Narayanan Nair and Encik Shahril Sharif, both Auditors from Azman, Wong, Salleh & Co

After delivering his address, the meeting proceeded to unanimously adopt the Annual Report and the audited accounts of the Association for the year ended 31 December 2014.

The Office Bearers and Members of the Executive Committee for the term 2015/2016 were elected.   They are as follows:-

OFFICE BEARERS

 President                        :  Tan Sri Azman Hashim
Vice President              : *  Tan Sri Datuk Seri Utama Thong Yaw Hong
Vice President              :  Tan Sri Datuk Abdul Hamid Egoh
Vice President              :  Dato’ Md Taib Abdul Hamid
Vice President &         :  Datuk Seri Mohamed Iqbal
Honorary Secretary
Honorary Treasurer  :  Dato’ Annuar Senawi

MEMBERS OF THE EXECUTIVE COMMITTEE

 Tan Sri Datuk Asmat Kamaluddin
Tan Sri Datuk Mohamed Khatib Abdul Hamid
Tan Sri Dato’ Seri Lodin bin Wok Kamaruddin
Tan Sri Dato’ Dr Michael Yeoh Onn Kheng
Mr Jason Tai Hee
Datuk Peter Lim Siong Eng
Mr Yeonhang Chuah
Dr. Juita Muhammad

The meeting noted that at this AGM, Dr. Stephen Leong Mun Yoon retired as EXCO member of MAJECA, having served the association since 1994.

On behalf of MAJECA members, the President thanked Dr. Stephen Leong Mun Yoon, who represented the Institute of Strategic & International Studies Malaysia (ISIS) for his immense contribution to the Association.

The Association extends its best wishes for his continued good health and happiness in the years ahead.

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(left to right) Mr Yeonhang Chuah, Tan Sri Datuk Mohamed Khatib Abdul Hamid, both EXCO Member MAJECA and Datuk Seri Mohamed Iqbal, Vice President & Hon. Secretary MAJECA

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(left to right) Mr Yeonhang Chuah, EXCO Member MAJECA, Mr Isham Ishak, SME Corp Malaysia, Tan Sri Datuk Mohamed Khatib Abdul Hamid and Dr. Juita Muhammad, both EXCO Member MAJECA

Tan Sri Azman Hashim also welcomed Dr. Juita Muhammad from the Institute of Strategic  & International Studies Malaysia (ISIS) as the new EXCO member of MAJECA who replaced Dr. Stephen Leong Mun Yoon.

The President thanked the Office Bearers and Executive Committee for their continuing support and MAJECA members for their participation in MAJECA events and activities.

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(left to right) Dato’ Md Taib Abdul Hamid, Vice President MAJECA, Ms Ng Su Fun, Executive Secretary MAJECA and Dr. Juita Muhammad, EXCO Member MAJECA

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(left to right) Mr Chuang Chee Hin, Lonpac Insurance Bhd and Mr Ong Ka Thiam, Master Builders Association Malaysia

 

*  YBhg Tan Sri Datuk Seri Utama Thong Yaw Thong  demise on 28 May 2015.


 N O T I C E

Thong Yaw Hong Photograph

 

YBhg Tan Sri Datuk Seri Utama Thong Yaw Hong, Vice-President of MAJECA since 1989 passed away on 28 May 2015.  Tan Sri has been instrumental in the founding of MAJECA in 1977.  He devoted much ideas, commitment and time to nurture and grow the association, especially in its formative years.  As Vice-President, the Executive Committee had benefited from his wisdom and steadfast support to realize the vision of expanding and deepening the economic and business relationship between Malaysia and Japan.  He will be deeply missed.

The Association wish to express its deep appreciation to the late Tan Sri Thong for his dedicated services to MAJECA, and our deepest condolences to Puan Sri Datin Lem Foong Ying and family members.

Report on the 33rd MAJECA-JAMECA Joint Conference on 13 November 2014 at Hilton Hotel, Kuching, Sarawak

The 33rd MAJECA-JAMECA Joint Conference was successfully held at the Hilton Hotel, Kuching, Sarawak on 13 November 2014.

The theme of the 33rd Joint Conference was “LEP 2.0 – Japan and Malaysia”.  The 33rd Joint Conference was held in Kuching to showcase the diversity of Sarawak and its vast business potential to our Japanese friends. Sarawak has abundant natural resources and natural environmental attributes that lends itself to the development of business opportunities that can harness these attributes under LEP2 on a sustainable basis.  The Joint Conference was successfully built upon the strong Japanese involvement already present in Malaysia, and in particular Sarawak.  The Malaysian Government under the broad policy of LEP 2 already underscores the support given to the private sector of Malaysia and Japan, that includes the members of MAJECA and JAMECA to further advance its business relationships.

The Minister of Industrial Development of Sarawak, Hon. Datuk Amar Awang Tengah Ali Hassan, delivered the Welcome Remarks at the Opening Ceremony.

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(left to right) Tan Sri Azman Hashim, President of MAJECA, Hon. Datuk Amar Awang Tengah Ali Hassan, Minister of Industrial Development, Sarawak and Mr Mikio Sasaki, President of JAMECA

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Hon. Datuk Amar Awang Tengah Ali Hassan, Minister of Industrial Development, Sarawak delivering the Welcome Remarks at the Opening Ceremony of the 33rd MAJECA-JAMECA Joint Conference

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(2nd from right) Mr Mikio Sasaki, President of JAMECA presenting a souvenir to Hon. Datuk Amar Awang Tengah Ali Hassan, Minister of Industrial Development, Sarawak with (left to right) Tan Sri Azman Hashim, President of MAJECA, Datuk Seri Mohamed Iqbal, Vice President & Secretary-General, MAJECA and H.E. Dr. Makio Miyagawa, Ambassador of Japan to Malaysia

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(left to right) Dato’ Md Taib Abdul Hamid, Vice-President of MAJECA, Datuk Seri Mohamed Iqbal, Vice President & Secretary-General of MAJECA, Tan Sri Azman Hashim, President of MAJECA, Hon. Datuk Amar Awang Tengah Ali Hassan, Minister of Industrial Development, Sarawak, Mr Mikio Sasaki, President of JAMECA, H.E. Dr. Makio Miyagawa, Ambassador of Japan to Malaysia and Mr Hidefumi Kobayashi, Secretary-General of JAMECA

A total of 165 participants, representing MAJECA and JAMECA as well as leading private sector companies based in Sarawak and senior Government officials attended the Joint Conference.

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Participants at the 33rd MAJECA-JAMECA Joint Conference

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Participants at the 33rd MAJECA-JAMECA Joint Conference

Ten representatives from MAJECA and JAMECA, led by the two respective Presidents, that is Tan Sri Azman Hashim and Mr Mikio Sasaki, made a courtesy call on the Tuan Yang Terutama Yang Di-Pertua Negeri Sarawak, Tun Pehin Sri Haji Abdul Taib Mahmud, who also hosted a lunch at the Astana for the MAJECA and JAMECA delegation.

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Courtesy Call on (2nd from left) Tuan Yang Terutama Yang Di-Pertua Negeri Sarawak, Tun Pehin Sri Haji Abdul Taib Mahmud with (left) Tan Sri Azman Hashim, President of MAJECA and (right) Mr Mikio Sasaki, President of JAMECA at Astana Negeri, Petra Jaya, Kuching

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(left to right) Datuk Seri Mohamed Iqbal, Vice President & Secretary General of MAJECA, Tan Sri Azman Hashim, President of MAJECA, Tuan Yang Terutama Yang Di-Pertua Negeri Sarawak Tun Pehin Sri Haji Abdul Taib Mahmud and Mr Mikio Sasaki, President of JAMECA

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Group Photo – Dato’ Md Taib Abdul Hamid, Tan Sri Datuk Abdul Hamid Egoh, Datuk Seri Mohamed Iqbal, Tan Sri Azman Hashim , Tuan Yang Terutama Yang Di-Pertua Negeri Sarawak Tun Pehin Sri Haji Abdul Taib Mahmud, Mr Mikio Sasaki, H.E. Dr. Makio Miyagawa, Datu Haji Ismawi bin Haji Ismuni, Mr Jason Tai,Mr Hiroshi Harunari, Mr Hironobu Shikama and Mr Hidefumi Kobayashi

A State Dinner was hosted by the Right Honourable Chief Minister of Sarawak on the same night.  However, due to his tight schedule, the Deputy Chief Minister of Sarawak, The Honourable Datuk Patinggi Tan Sri (Dr) Alfred Jabu anak Numpang, deputised the Chief Minister to host the Dinner.  Tan Sri Azman Hashim presented two songs while Mr Kenji Ohta, General Manager of Mitsubishi Corporation Kuala Lumpur Branch presented a song at the Dinner.  A Sarawak cultural troupe entertained the diners during dinner, ending with members of the floor joining the dancers on stage for the finale.

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The Hon. Datuk Patinggi Tan Sri (Dr) Alfred Jabu anak Numpang, Deputy Chief Minister of Sarawak delivering a Speech at the State Dinner

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Tan Sri Azman Hashim, President of MAJECA sang 2 songs at the State Dinner

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Mr Kenji Ohta, General Manager of Mitsubishi Corporation Kuala Lumpur Branch also presented a song at the State Dinner

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(left to right) ) Tan Sri Azman Hashim, Dato’ Md Taib Abdul Hamid, The Hon. Datuk Patinggi Tan Sri (Dr) Alfred Jabu anak Numbang, Tan Sri Datuk Abdul Hamid Egoh and Datuk Seri Mohamed Iqbal leaving the dinner venue

The JAMECA delegates visited the office of the Regional Corridor Development Authority (RECODA) in Kuching and Sama Jaya Free Industrial Zone near Kuching the next day.

The Regional Corridor Development Authority (RECODA) was established in 2006 by the Sarawak State legislative authority with the primary goals of making the international community aware of the opportunities available in the Sarawak Corridor of Renewable Energy (SCORE) and to provide them with relevant information to help them make strategic corporate decisions. SCORE’s geographical location is at the heart of Asia and the enormous potential of this region, while attracting and retaining foreign direct investment in SCORE, particularly investments that will be strategically relevant to the state of Sarawak.

SCORE, established in 2006, covers an area of more than 77,000 square kilometres. SCORE has a long coastline of more than 1,000 km, over 8 million hectares of forests, almost 5 million hectares of arable land and peat land suitable for agriculture. The corridor has 1.2 billion of known oil reserves, over 80 million tonnes of Silica sand and over 22 million tonnes of Kaolin of China clay, a key component of cosmetics, ceramics and, most recent, for combat area medical equipment.

SCORE has an abundance of natural resources, including clean and safe renewable resources, such as hydropower, that offers commercial users clean energy at competitive rates. The 2008 – 2030 development plan for SCORE focuses on developing the energy sector and targets 10 high impact priority industries that will complement the development plan and also provide downstream opportunities for SMEs.  As more energy intensive industries establish themselves in SCORE, they will form the bedrock of the SCORE strategy, giving a robust boost to the development of the growth nodes which in turn will require training centres and technical colleges to train the population and create a core of skilled workers thereby raising the living standards of the population.

The participants then proceeded to Sama Jaya Free Industrial Zone where they were hosted by Taiyo Yuden.  They were given a briefing by Taiyo Yuden and SunEdison, on their operations and experience of investing in Sama Jaya.  They were later given a guided tour to Taiyo Yuden’s factory operations.

Sama Jaya Industrial Zone

 

Sama Jaya Free Industrial Zone in Kuching is a hub for solar industries.  The Zone is located 9.1 km to Kuching Main Town, 11 km to Kuching Airport, 4.3km to Muara Labuan Light Industrial Park.  The area comprises 813 hectares of prime industrial land, fully serviced with all necessary infrastructures, and offered to investors at attractive low price.

 

MIC_9003

(left to right) Mr Hidefumi Kobayashi, Secretary-General ofJAMECA and Datuk Seri Mohamed Iqbal, Vice-President & Secretary-General of MAJECA having a word with one of the participant at the Joint Conference

The next Joint Conference, the 34th, will be hosted by JAMECA in Japan in 2015.

 


 

The proceedings of the 33rd MAJECA-JAMECA Joint Conference are summarized below:

A. OPENING CEREMONY

A1.0 Tan Sri Azman Hashim and Mr Mikio Sasaki, the Presidents of MAJECA and JAMECA respectively, made opening remarks at the Conference.

A2.0 Message from the Prime Minister of Japan, H.E. Shinzo Abe (Unofficial Translation)

“I would like to convey my sincere congratulations to JAMECA and MAJECA on convening their 33rd joint conference, today. I would like to take this opportunity to commend both JAMECA and MAJECA once again for their contribution in strengthening the economic relations between Japan and Malaysia as a bridge between our two countries since their inception in 1977.

Japan and Malaysia have built a strong and multi-layered bond based not only on people-to-people exchanges through the Look East Policy but also active trade and investment by Japanese companies in Malaysia under the Economic Partnership Agreement.

Under the strong leadership of Prime Minister Datuk Seri Najib Tun Razak, Malaysia has carried out a variety of economic policies including the liberalisation of the services and financial sectors to achieve its goal of becoming a high-income nation by 2020.

Japan, on its part, has also implemented the ‘Japan Revitalisation Strategy’ which is aimed at generating a positive growth cycle for the Japanese economy.

Furthermore, I hope to develop synergetic effects from both policies in order for us to progress together into the future. I had the pleasure of meeting Prime Minister Najib three times – in July and December last year and in May this year. I hope that these meetings serve as a catalyst for further strengthening the cooperative ties between our two countries and build a renewed bilateral relationship that captures the needs of the times.

Last but not least, I wish you a successful 33rd joint conference, and strongly hope that JAMECA and MAJECA will further prosper and their activities reinforce our bilateral economic relations”.


A3.0 Message from the Prime Minister of Malaysia, The Right Hon. Dato’ Sri Najib Razak.

PM Malaysia Letter
B. PLENARY SESSION 1

B1.0 The Ministry of International Trade and Industry Malaysia (MITI) is the lead Secretariat for LEP 2.0 (2012 onwards), and members of the Secretariat also includes MAJECA and JAMECA.  MITI, through its Senior Director, Datuk Wong Seng Foo, informed the Conference that the LEP 2.0 will be economically-focused, leveraging on business-to-business linkages, enhancing institutional co-operation, development of SMEs and human capital for higher skills-set for the new technologies.  The Malaysia-Japan International Institute of Technology (MJIIT) will be the technology education hub for ASEAN and Japan.

B1.1 The Malaysian Prime Minister had proposed the following focal areas for LEP 2.0 at the 32nd Joint Conference held in Tokyo:

 

B1.1

B1.2 Within the focal areas, collaboration with Japan could be enhanced through  investment, trade, technology and R&D, human capital and SME development:

 B1.1

 

B1.3 Forms of co-operation under LEP 2.0 include:

B1.3

 

B1.4 MITI reiterated that the private sector, particularly, MAJECA and JAMECA, have substantive roles to play in strengthening business ties in order to contribute to the success of LEP 2.0.

B2.0 Datu Ose Murang, the Deputy State Secretary of Sarawak, gave an overview briefing on Sarawak.   He stressed that Sarawak is multi-ethnic, multi-cultural, multi-language and harmoniously living in unity.  He introduced Sarawak’s geography, history and demographics and further expanded on the Government administration and structure.  The development strategy of Sarawak through sustainable and socio-economic development was also presented.

 

B2.1 Sarawak’s Development Strategy under the Second Wave of Development 2006-2030

B2.1

C. PLENARY SESSION 2

C1.0 Datu Haji Ismawi bin Haji Ismuni, Director of State Planning Unit, Chief Minister’s Department, Sarawak, gave a comprehensive presentation on the Sarawak Corridor of Renewable Energy or SCORE.   SCORE is located in the central region of Sarawak, comprising 70,708 sq.km. with a population of 896,489.

C1.1 The objectives of SCORE:
a) To create new sources of wealth
b) To move the State’s economy up the value chain
c) To achieve higher per capita income
d) To enhance quality of life
e) To achieve balanced regional development
f) To eradicate poverty

C1.2 SCORE promotes 10 priority industries as follows:

C1.2
C1.3

C1.3

C2.0 Dato’ Richard Curtis, Group Managing Director of Cahya Mata Sarawak Berhad (CMSB) presented his perspective about investing in Sarawak.  CMSB is one of Sarawak’s largest listed companies, with 2,000 employees plus 1,562 in its two listed associate companies.  Their portfolio spans over 35 companies involved in cement manufacturing, construction materials, trading, construction, road maintenance, property development, financial services, education and other services with nearly 50 offices across the State of Sarawak.

C2.1 CMSB’s perspective on the appeal of SCORE and Sarawak to Investors:
• A politically stable and harmonious multi cultural Malaysian State
• Strategic Location on the Asia Pacific trade routes
• English speaking
• Common Law based legal system
• Approachable, responsive and business friendly State Government with the financial resources and will to drive private sector investment
• Attractive tax and investment incentives
• SCORE in Samalaju is already operational & not just a political dream
• Infrastructure is in place with more under way
• Ample power available for investors at attractive prices
• Plenty of land and resources available for investors
• Trainable, loyal and competent local workforce becoming available
• Equator Principles compliant power generation facilitates international financing
• Focus is on quality investors
• Strong Japanese investor involvement already
• SCORE is a long term and sustainable growth driver due to its ability to attract manufacturers attracted by the energy available
• Multi faceted nature of SCORE provides both wider primary investment opportunities and many downstream secondary investment opportunities

C3.0 Mr Hiroshi Harunari, Executive Vice-President of Mitsubishi Motors Corporation related their electric vehicles strategy towards a sustainable future featuring Mitsubishi’s electric-powered models such as the i-MiEV and PHEV (plug-in hybrid EV) as well as emergency mobile batteries, Mitsubishi smart grid, EV for agriculture, etc.

 

D. PLENARY SESSION 3

D1.0 Tuan Haji Samat bin Junai, Director, Halal Hub Unit, Chief Minister’s Department presented the business opportunities in the agro-food based and halal sector.

D1.1 The estimated annual market size for halal food is detailed in the table below (source: The Third Industrial Master Plan (2006-2020), HDC):

D1.1
D1.2 Share of halal products:

D1.2

D1.3 The total annual demand within the country for Halal food is RM1.7 billion a year.  Malaysia aims to be a global halal food hub by 2020 by raising its current global halal market share of 1% to 5% by 2020, capitalising on the edge it has over other Muslim nations in trading, logistics, baking and halal certification.  Malaysia also introduced concerted efforts, strategies and further measures for the development of Halal industry via the 10th Malaysia Plan (2011-2015), Third Industrial Master Plan (IMP3) 2006 – 2020, the National Agriculture Policy 1998 – 2010 and the New Economic Model.  The government has also established the Halal Industry Development Corporation Sdn. Bhd. (HDC) – to reflect the seriousness of Malaysia in pursuing this objective. Various agencies such as Malaysia External Trade Development Corporation (MATRADE) and Federal Agriculture Marketing Authority (FAMA) also provide market development programs to promote Malaysia’s halal products and service.

D1.4

D1.4

 

D1.5 Tanjung Manis is Sarawak’s halal hub, located at the delta area comprising the estuaries of three major rivers. The strategic purpose of the Tanjung Manis Halal Hub is to be the premier integerated halal processing centre with a uniquely “seed to table” potential.

D2.0 Dr Andrew Gung, President of Leave A Nest Singapore Private Ltd, made a presentation on Japanese research, development and commerlization (R,D &C) in the agro-food sector through agriculture/aquaculture/food innovations through science communication.

D2.1 Leave a Nest is a knowledge-based platform venture company with a vision to advance science and technology for global happiness.  The HQ is in Tokyo, with branches in Osaka, Okinawa, America, Malaysia and Singapore.  It utilizes knowledge-based platform to incubate start-ups and other partner companies to accelerate growth.

D2.2 The key projects to development technology for production efficiency improvement include agricultural innovation, aquaculture developments, food evolution – a new system of chain value for agriculture products development of supply system of health functional agriculture products.

D3.0 Mr Takuji Harada, Chairman of the Trade & Investment Committee of JACTIM presented the findings of a survey conducted in 2013 among Japanese companies in Malaysia.  There were issues faced by the Japanese investors, for which they will continue to engage with the Malaysian government for resolution.  The key take-away was the 35% of Japanese investors in Malaysia intended to expand their businesses in Malaysia, while 57% will continue to maintain their operations, with 8% considering down-sizing.

D4.0 Mr Takeo Suzuki, President of Tokuyama Malaysia Sdn Bhd briefed the Conference of its  operations in Malaysia.  Formed in August 2009, the company is located in the Samalaju Industrial Park and produces polycrystalline silicon.  This material is used in IC chips and electronic devices as semiconductor silicon wafer and in solar cells and modules.

D5.0 Mr Rushdi Siddiqui, Co-Founder and CEO of Zilzar gave a briefing about its online halal shopping platform for the growing Muslim lifestyle market.  YAB Prime Minister of Malaysia launched Zilzar at the 10th World Islamic Economic Forum (WIEF) in Dubai in October 2014.

 Quick Facts on the Muslim Demographic

D5.0 - 1

D5.0 - 2

 

 

 

 

 

 

 

 

 

 

 

E. CLOSING CEREMONY

Mr Mikio Sasaki gave his closing remarks at the Closing Ceremony.

Tan Sri Azman Hashim, in closing, also touched on the ASEAN Economic Community (AEC), which will become a reality in end-2015.  Malaysia has taken over as the Chairman of ASEAN – an honour, but also a responsibility for Malaysia to lead and showcase ASEAN in this new era.  ASEAN is a market of 600 million consumers, with a combined GDP of nearly USD3 trillion and is set to be one of the most dynamic regional grouping in the world.

The long standing relationship between MAJECA and JAMECA has grown, blossomed and matured. Going forward, both MAJECA and JAMECA have to look at new ways / methods to grow beyond this “maturity”.

Japanese technology and innovative applications combined with the natural resources and the competitive edge that Malaysia offers, can be a winning formula, not only for both countries, but also for ASEAN and the global market.

The next Joint Conference will be hosted by JAMECA next year.

End of Report.


 

 


Newspaper Articles

  1. State wants strong M’Sia-Japan SME tie-up – Tribune Prime (14/11/2014)
  2. PM: Policy to boost Malaysia, Japan ties – New Straits Times (14/11/2014)
  3. Awang Tengah urges SMEs to Look East – Star Metro (14/11/2014)
  4. Syarikat Jepun Melabur RM15 Billion di Sarawak – Utusan Malaysia (14/11/2014)
  5. Sin Chew (14/11/2014)

 

 

 


Speeches and Presentations

  1. Message from H.E Shinzo Abe, Prime Minister of Japan
  2. Message by The Right Hon. Dato’ Sri Najib Razak, Prime Minister of Malaysia
  3. Welcome Address by The Honourable Datuk Amar Awang Tengah Ali Hassan, Minister of Industrial Development, Sarawak
  4. LEP 2.0 Updates by Datuk Wong Seng Foo, Senior Director, Economic Trade Relation Division, MITI
  5. Remark on LEP 2.0 by Ambassador of Japan to Malaysia, H.E Dr Makio Miyagawa
  6. Remark on LEP 2.0 by Datuk Seri Mohamad Iqbal, Vice-President & Secretary-General, MAJECA
  7. Malaysia – Briefing on Sarawak by Datu Ose Murung, Deputy State Secretary (Operation), Sarawak
  8. Malaysia – “Investing in SCORE” from the perspective of a Sarawak investee company by Dato’ Richard Curtis, Group, Group Managing Director, Cahya Mata Sarawak Berhad-Richard-Curtis
  9. Japan – Japanese Experiences in Reneable Energy &/or Resource based Industries by Mr. Hiroshi Harunari, Executive Vice President, Mitsubishi Motors Corporation
  10. Malaysia – Business opportunities in the Argo-food Based and Halal Sector of Sarawak by Tuan Haji Samad bin Junai, Director, Halal Hub Unit, Chief Minister’s Department
  11. Japan – Japanese R&D in Argo-food Sector by Mr Gung Yeh Tzeh Andrew, President, Leave A Nest Singapore Private LTD
  12. Japan – JACTIM -Mr. Takuji Harada, Chairman of Trade & Investment Committee, JACTIM / Country General manager, Kuala Lumpur Branch, Marubeni Corporation
  13. Japan – Tokuyama Malaysia Sdn Bhd – Mr Takeo Suzuki, President
  14. Speech by The Right Honorable Datuk Patinggi Tan Sri (Dr) Haji Adenan bin Haji Satem, Chief Minister of Sarawak

MAJECA Meeting with Visiting Japanese Members of Parliament on 3 September 2014

 

On 3rd September 2014, MAJECA received a courtesy call from two Members of Parliament representing the Democratic Party of Japan.  They were:-

1)  Mr Katsuya Okada (former Minister of Foreign Affairs)

2)  Mr Akira Nagatsuma (former Minister of Health, Labor and Welfare)

H.E. Dr Makio Miyagawa, the Ambassador of Japan to Malaysia together with Dr. Kazuhiro Kawase, Counsellor and Chief of Economic Section and Mr Kazuhori Hosoya, First Secretary of the Embassy of Japan in Malaysia accompanied the guests from Japan.

(left to right) H.E. Dr. Makio Miyagawa, Ambassador of Japan to Malaysia, Mr Akira Nagatsuma and Mr Katsuda Okada (both are Japanese Members of Parliament representing the Democratic Party of Japan)

The meeting with MAJECA was led by Tan Sri Azman Hashim, President of MAJECA.  Members present at the meeting included the following:

1)   YBhg Datuk Seri Mohamed Iqbal
Vice President & Honorary Secretary of MAJECA and
Group Executive Director, Farlim Group (M) Berhad

2)   YBhg Tan Sri Dato’ Dr. Michael Yeoh Onn Khen

EXCO Member of MAJECA and Chief Executive Officer/Director of
Asian Strategy & Leadership Institute (ASLI),
Board Member of Malaysian Anti-Corruption Commission (MACC),
Commissioner in Malaysia’s Competition Commission

3)   YBhg Tan Sri Dato’ Michael Chen Wing Sum
Advocate & Solicitor, Michael Chen & Co.
former Minister of Housing Local Government & New Village,
former President of Dewan Negara

4)   YBhg Tan Sri Ghazzali Sheikh Abdul Khalid
Independent Non-Executive Director, AXIATA Group Berhad
Retired career diplomat

5)   YBhg Dato’ Idris bin Kechot
Deputy President, Unit Trust Permodalan National Berhad (PNB)

6)   Madam Maimoonah Mohamed Hussain
Managing Director, Affin Investment Bank Berhad

7)   Mr Tan Chee Teong
General Manager, Scientex Berhad

(left to right) Tan Sri Ghazzali Sheikh Abdul Khalid, Dato’ Idris bin Kechot, Datuk Seri Mohamed Iqbal, Tan Sri Azman Hashim and Tan Sri Dato’ Dr. Michael Yeoh Onn Kheng

(left to right) Tan Sri Dato’ Dr. Michael Yeoh Onn Kheng, Tan Sri Dato’ Michael Chen Wing Sum, Madam Maimoonah Mohamed Hussain and Mr Tan Chee Teong

The meeting had dialogue on numerous topics of mutual interest to our countries.  These include:-

  • The advent of Asean Economic Community (AEC)
  • The current status of negotiations of Trans-Pacific Partnership Agreement (TPPA), Regional Comprehensive   Economic Partnership (RCEP) and the respective roles that Malaysia and Japan can play to enhance regional cooperation and trade & investment.
  • Ageing Population – the situation in Japan and lessons that Malaysia can learn to be better prepared.
  • Our common aspirations for regional stability for conducive economic development in the Asia Pacific.
  • The role for Public Private partnerships for infrastructure development in Malaysia with Japanese support & competitive sources of funds.
  • Malaysia’s offer to invite Japanese partnerships to penetrate 3rd countries especially in the areas of Islamic finance, halal food, logistics and distribution services.

 

(left to right) Mr Kazuhori Hosoya, H.E. Dr. Makio Miyagawa, Mr Akira Nagatsuma, Mr Katsuda Okada, Lady Translator, Mr Satoshi Honjo and Dr. Kazuhiro Kawase

 

(left to right) Tan Sri Azman Hashim and Mr Katsuya Okada

 

(left to right) Tan Sri Azman Hashim and Mr Akira Nagatsuma

 

SAMSUNG CSC

(left to right) Mr Edree bin Ahmad, Dr. Kazuhiro Kawase, Tan Sri Ghazzali Sheikh Abdul Khalid, Tan Sri Dato’ Dr. Michael Yeoh Onn Kheng, Dato’ Idris bin Kechot, H.E. Dr. Makio Miyagawa, Madam Maimoonah Mohamed Hussain, Tan Sri Azman Hashim, Mr Katsuya Okada, Mr Akira Nagatsuma, Tan Sri Dato’ Michael Chen Wing Sum, Datuk Seri Mohamed Iqbal and Mr Tan Chee Teong