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 5 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

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