In this regard, I hope the dry rubber products segment continues to chart a more creditable growth in exports. These are challenging times. On the external front, the United States-China trade conflict, if protracted, could affect global growth and demand. On the domestic front, the private sector has to step up investment to drive economic growth, especially in the downstream sector.
Previously, we only made products such as baskets or satay skewers using bamboo. Now, we need to produce higher value products such as furniture, laminated boards, construction materials and innovative novelty products.
The EU (European Union) should assist developing countries achieve the SDGs (Sustainable Development Goals) instead of imposing onerous rules and policies that undermine their efforts.
While Malaysians are concerned about the spread of the (COVID-19) virus to our shores, we are equally sympathetic towards China, especially given that the two countries share deep cultural and business ties which have been built over decades.