Business

Malaysia-Singapore Business Council sets up economic recovery task force

It will compile input from businesses of both countries for submission to governments

Updated 4 years ago · Published on 02 Jul 2021 6:00PM

Malaysia-Singapore Business Council sets up economic recovery task force
The Malaysia-Singapore Business Council strongly urges the governments of both countries to expedite cross-border travel initiatives to facilitate business travel arrangement between both closely connected neighbours. – Wikipedia pic, July 2, 2021

KUALA LUMPUR – The Malaysia-Singapore Business Council (MSBC) has established a Malaysia-Singapore private sector task force in an effort to boost economic recovery post-pandemic.

In a joint statement today, it said the task force, headed by co-chairs of MSBC, was to compile business input from both Malaysian and Singaporean businesses for submission to the governments.

The council said that as the private sector conduit for Malaysian and Singaporean businesses, it recognised the important role it could play in contributing private sector feedback for post-pandemic economic recovery.

Chairman and senior partner of Zaid Ibrahim and Co Datuk Seri Nik Norzrul Thani said Malaysia-Singapore business ties were significant for the region and the council was committed to helping both governments speed up economic recovery between the two countries.

“We hope that through the collective feedback we will gather, MSBC will strive and continue to work as a team to go further together,” said YCH Group executive chairman Robert Yap.

The council also strongly urged the governments of both countries to expedite cross-border travel initiatives to facilitate business travel arrangement between both closely connected neighbours.

“As the reopening of the Malaysia-Singapore border is vital to ease mobility of business people, the council greatly welcomes efforts by both the governments of Malaysia and Singapore to work towards recognising each other’s Covid-19 vaccine certificates, with a view to facilitating cross-border travel,” it said. – Bernama, July 2, 2021

Related News

World / 3w

Rat spotted scurrying around on Singapore East-West Line MRT train (video)

Malaysia / 3w

Covid-19 cases in Malaysia stable, no deaths recorded this year – MOH

Off beat / 3w

Developer disputes Penang’s reasons for dismissing RFP

Malaysia / 1mth

Singaporean couple burnt to death after Ferrari crashes, goes up in flames (video)

World / 1mth

Malaysian man admits to setting fire to door of Singapore flat over S$2,500 job

World / 1mth

Malaysian man, 33, arrested for slapping elderly woman, others at Singapore Life Church

Spotlight

Malaysia

PM Anwar – ‘Rather a torn shirt, than …’ (video)

By Alfian Z.M. Tahir

Malaysia

After years of abandonment, Highland Towers to be demolished before year end

Malaysia

PH seat distribution finalised, PKR to contest 20 Johor PRN seats, 16 in Negeri

Malaysia

Rosmah Mansor denies viral allegations, lodges police report

Malaysia

Four arrested after maid abuse footage exposes alleged pattern of domestic worker mistreatment

Malaysia

Muhyiddin's 'congratulatory' message to Hamzah a fake

Malaysia

Hamzah Zainudin launches new political party, Parti Wawasan Negara

Malaysia

Disturbing video of alleged employers assaulting their helper goes viral (video)

You may be interested

Business

Dollar slides as US-Iran peace breakthrough sparks global risk rally