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Vital to embrace change on global stage

The government has aggressively explored and became party to numerous trade deals, either bilateral or multilateral. A stark contrast to past conservative policies, the gradual liberalisation of the Malaysian economy began seeing a more rapid acceleration. This is seen through our strong  commitment to regional collaborations such as the ASEAN Economic Community (AEC), current negotiations within the Regional Comprehensive Economic Partnership (RCEP), as well as the controversial Trans Pa...

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Embracing the digital future

The first two parts of this series discussed the future challenges facing the nation’s automotive industry, and the need to adapt to new norms of consumerism, whom are more informed than ever about the products and services they purchase. A central focus of this new age is the massive dissemination of data and information. An example of such massive data flows can be seen just by opening our personal social media accounts, purchasing groceries online or hailing a ride on our smartphones. This...

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Adapting to the new age of consumer mindsets

The first part of this series discussed the evolution and change in socio-economic norms that govern the global economy. The neo-liberal economic model which emerged as a prominent mind set for economic governance is slowly being reinvented by the same institutions that put them in prominence more than three decades ago. This global phenomenon, seen particularly through the recent EU shake up and US presidential election, boggled the mind of political and economic analysts around the world. Wh...

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Facing challenges with a glass-half-full attitude

The discipline of engineering emphasizes the continuous application of the principles of science and technology to design and build solutions to problems. Problems are also a matter of perspectives. Human civilisation was built on innovation, which throughout history has been sparked by new problems - i.e. a problem can appear and disrupt our lives, or in many cases, the innovator comes to a realisation that the current state or method is in itself problematic, spurring a need to develop better...

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Push for environmental agenda needs participation for all parties

The first and second parts of this series discussed the economic prioritisation and technological areas for an environmental agenda to materialise. However, public awareness and green technology within the automotive sector is only part of the equation, as the automotive industry has an undeniable interdependence with various industries and sectors – due to the vastness of technology, human talent, materials and policies that affect the automotive ecosystem. In general, carbon emissions are a ...

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