President's New Year
Message

First
of all, I would like to extend my gratefulness for your support and
entrusted me as the 14th President of the association. I am
grateful to all the past presidents especially the late Mr. Chi Kuei Yung
for their great contributions. They had established firm and steadfast
foundation for the association. Their efforts are traceable.
MKMA
had successfully organized a 600 delegation to visit ITMA Singapore. The
response shown that our fellow entrepreneurs are eager to change and upgrade
themselves. Their centripetal support is laudatory.
Facing
the challenging globalisation, MKMA has 2
missions lying ahead to be accomplished within 3 years time :
-
To
raise the predominance competitiveness of the industry and country.
There
is no question on the continuous improvement on competitiveness of a
company. We are now unable to survive under
the strength of an individual industry. Focus should concentrate on the
predominance competitiveness as a country.
-
To exert congregate strength,
business re-engineering, re-positioning to face the globalisation. When
the rules of the new game is not clearly adopted yet, new paradigms are
still in the process, there shall be a list of interaction. Under these
turbulent environment, we shall need to explore and experiment
continuously. For example :
-
To strive and change the
unreasonable policies on upstream industry. The tax for ready made
products are gradually reducing,
however, there is still a 5% tax on fibre.
-
To simplify or eliminate
the unnecessary administrative controls.
-
Product specialization to
avoid unhealthy competition.
To strengthen the collaboration between different sectors.
To rationalize production and cost. To stabilize quality and the
flexibility of delivery.
-
To encourage strategic
alliance or consolidation. It will enable
large enterprises to grow and capture a bigger share of the
market economy. At the same time, the human resources trained by
smaller enterprises will have a chance to contribute.
-
To explore direct
overseas markets.
-
To build up overseas
network and collaborations.
May we strive forth together for a better tomorrow.
~Seow
Hon Cheong~
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