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Tengku Zafrul urges companies to be indispensable, competitive globally to withstand tariffs

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Tengku Zafrul urges companies to be indispensable, competitive globally to withstand tariffs

AI Summary

Malaysia's Investment, Trade and Industry Minister, Tengku Zafrul Abdul Aziz, urged Malaysian businesses to enhance global competitiveness to overcome trade barriers like tariffs. He encouraged companies to invest in overseas manufacturing, making their products essential to global supply chains. Adopting advanced technologies, improving productivity, and meeting international standards were also highlighted as crucial strategies. Zafrul emphasized the importance of becoming indispensable to global markets, ensuring demand despite trade restrictions.

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