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BUSINESS › NEWS
Businesses Urged To Move Beyond Sales, Prioritise Skills Development
Datuk Seri Hamzah ZainudinKUALA LUMPUR, Jan 11 (Bernama) -- Business leaders are urged to explore opportunities to scale up their operations beyond sales, marketing and distribution.
Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainudin said businesses should prioritise areas to create excellence in innovation, co-manufacturing, entrepreneurial and business skills development.
Citing an example, he said the government had acknowledged Fujifilm Malaysia's efforts in introducing its photo imaging retail arena to the Bumiputera business community.
"In the area of entrepreneurial development, Fujifilm Malaysia has a Bumiputera business development programme with over 44 Bumiputera shops.
"Whilst this may appear small, it is growing, and the government is willing to lend any support to accelerate this area of development," he said in his speech at Fujifilm's 25th Anniversary celebration dinner here, tonight.
Established in 1991, Fujifilm Malaysia grew from a photographic film enterprise with 40 employees to a RM250 million business today, employing 140 workers in three branches, with 380 direct outlets and over 2,000 dealers throughout Malaysia.
Hamzah said Malaysia also provided many incentives for companies which are looking to set up their research and development or innovation centres in the country.
"Government institutions such as Malaysia Digital Economy Corporation provides infrastructure and other incentives while agencies such as the Malaysian Institute of Microelectronics System offers assistance to newly established production houses in the development of animated films," he added.