chapter 6 - Malaysia Productivity Corporation ( MPC)

Hence, MPC will be the agency that spearheads and
monitors Malaysia’s competitiveness performance
in undertaking various initiatives to ensure that
Malaysia’s aspiration of being a high income nation
by the year 2020 is on the right track. The initiatives
are outlined under four main activities as follows:
• Collaborate to Compete
Enhancing Malaysia’s competitiveness to achieve
the aspirations of being the Top 5 in the World
Competitiveness Yearbook, Top 10 in the Doing
Business Report as well as to progress into the
Innovation Driven Stage of Development in the
Global Competitiveness Report by 2015 requires
concerted efforts of all ministries and agencies.
As such, a taskforce and a working group have
been set up under the auspices of Ministry of
International Trade and Industry (MITI) to enhance
MPC’s role in monitoring Malaysia’s competitive
performance and to formulate strategies to further
enhance Malaysia’s competitiveness.
• Managing Perception Issues
In determining a nation’s competitiveness
position, quantitative and qualitative data
are taken into consideration. Qualitative or
perception data are collected to complement nonquantifiable
elements as documented by both
the World Competitiveness Yearbook and Global
Competitiveness Report. It is therefore crucial
that continuous engagement at various levels be
carried out to provide information on the latest
development and Government initiatives through
continuous communication and interaction with
business community and the public.
CHAPTER 9
• Hard Data Verification
Accurate and updated data is of utmost importance
in a report. Issues relating to the hard data of the
WCY have been identified as another initiative
to be addressed by MPC. Among the action
plans to be continuously undertaken are data
verification at the ministry level and engagement
with international data sources will be continually
carried out.
• Engagement Activities
International partnership and collaboration aim
to foster long-term collaborative arrangements
between MPC as a partner institute with
international ranking agencies, research houses
and consultants. It is hoped that through such
engagement, MPC will be able to increase its
outreach in the international landscape which
would serve as a source of reference to help the
Government and business communities.
The unique network between MPC and the ranking
agencies would give MPC the extra mileage in
terms of understanding the challenges facing
the global business environment and the various
frameworks used in analysing competitiveness.
MODERNISING BUSINESS REGULATIONS
MPC has been entrusted in the Tenth Malaysia Plan
to spearhead initiative on modernising business
regulations through PEMUDAH, for upgrading
quality of existing regulations and National
Development Planning Committee (NDPC) and
MPC for improving quality of new regulations. MPC
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