If Taiwan also joined CPTPP, IDEAS estimates that the boost to Malaysia’s GDP would increase by a further 0.15%, as a result of more trade. This in turn would boost the employment impact to create an additional 20,000 jobs. Malaysian manufacturers, especially SMEs, will benefit greatly not only from cheaper imported machines and other intermediate input, but also creating synergies to move our domestic manufacturing base up the value chain. Taiwan's CPTPP accession can also accelerate Malaysia's digital transformation effort and create new impetus for Malaysia's growth, particularly in IR4.0 focused sectors such as medical devices, chemicals, electronics and machinery

“If Taiwan joins CPTPP, the potential benefits to Malaysia would increase substantially, given the strong industrial links that already exist and the significant opportunities for further growth”, added Yeoh.

The report was presented today at a Roundtable in Kuala Lumpur attended by representatives from the government, CPTPP Member countries, industry and academia. The Roundtable welcomed the Report and noted the findings.

A copy of the report can be downloaded at https://bit.ly/MsiaTaiwanCPTPP



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For media enquiries: T: +603 2070 8881 E: tricia@ideas.org.my



About IDEAS

IDEAS is Malaysia’s first think-tank dedicated to promoting market-based solutions to public policy challenges. We are an independent, not-for-profit organisation. As a cross-partisan think tank, we work across the political spectrum. Our purpose is to advance market-based principles, and we are not bound by party politics, race or religion. Our mission is to improve the level of understanding and acceptance of public policies based on the principles of the rule of law, limited government, free markets and free individuals. For more information, please visit http://ideas.org.

API 2020 Briefing Paper No. 02- ASEAN Integration Through the Skies: The Current Progress in Preparation for 2025

In the midst of the Covid-19 pandemic, aviation services face an existential crisis. In that context, consolidation through liberalisation can play a role in ensuring the survival and the sustainability of the aviation industry in ASEAN. This paper will analyse ASEAN integration through seamless air connectivity and consider the plausibility of ASEAN Community Carrier.

https://bit.ly/aseanopenskies

IDEAS Online Discussion: The 2021 Budget - How transparent will it be?

15 Oct 2020, 10:00 am (Malaysia Time)


The 2021 Budget will be tabled by the Perikatan Nasional government on Friday, 6 November 2020. This is the first budget by the Perikatan Nasional Government and tabled during an unprecedented public health crisis. In addition to being an important movement for fiscal and economic policy, this will be the first major test of the government’s commitment to improving budget transparency. Enhanced transparency is essential for increasing accountability and good management of the public finances - this is vital now more than ever, following the significant expenditure as a result of the pandemic. Is our budget really sustainable? What's the long term outlook? Are we relying too much on GLCs, EPF and SOCSO to prop up government spending? Do we have enough oversight to manage these risks?

Speakers
1.) YB Wong Chen, MP of Subang
2.) Suad Hasan, Researcher, IBP
3.) Jeffrey FK Phang, Chairman, MyPJ Persatuan Penduduk Petaling Jaya
Moderated by Tricia Yeoh, CEO, IDEAS


https://us02web.zoom.us/webinar/register/WN_pnRiU3aOTReqZZzHhRLZZg