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Ministry of International Trade and Industry Malaysia Official Blog

Malaysia makes gains in the latest World Competitiveness Yearbook 2014 by the Institute for Management Development (IMD)

Posted by admin2 on June 17, 2015 at 4:32 pm
Media Statement
Dato’ Seri Mustapa Mohamed
Minister of International Trade and Industry
Malaysia makes gains in the latest World Competitiveness Yearbook 2014
by the Institute for Management Development (IMD)
The Institute for Management Development (IMD), World Competitiveness Centre, Lausanne, Switzerland in its latest report World Competitiveness Yearbook 2014 ranked Malaysia at 12th position among 60 economies. This was an improvement as Malaysia was ranked 15th in 2013. This means that Malaysia remains among the top 15 most competitive nations that include USA, Switzerland, Singapore, Hong Kong, Sweden, Germany, Canada, UAE, Denmark, Norway, Luxembourg, Malaysia, Taiwan, Netherlands and Ireland. This is our best performance in the last 4 years (2011, 16th)
Malaysia continues to be ahead of United Kingdom (16th), Australia (17th), Finland (18th), New Zealand (20th), Japan (21st) and Korea (26th). A summary of Malaysia’s achievements are listed as follows:

In the category of countries with GDP per capita less than US$20,000, Malaysia remained at the top among 29 economies (1st );
Among 29 countries with populations above 20 million, Malaysia improved to the 4th position from 5th last year;
In ASEAN, Malaysia remains at number 2 ;
In the Asia-Pacific region, Malaysia is ranked 3rd among 13 countries after Singapore and Hong Kong. This was an improvement from 2013 (4th).

The WCY 2014 assessed countries based on four competitiveness factors: Economic Performance, Government Efficiency, Business Efficiency and Infrastructure. In Government Efficiency (15th ) and Infrastructure (25th), Malaysia maintained its position. For the Economic Performance and Business Efficiency factors Malaysia continue to be in the top 10 among 60 economies with a marked improvement in International Investments and ranked 7th instead of 14th last year ( WCY 2013 :14th )

Though Malaysia maintained her 15th position in the Government Efficiency factor, the Government is committed to further strengthen Malaysia’s public finances, ensure fiscal sustainability and promote long-term macroeconomic stability of the country. The setting up of the Fiscal Policy Committee (FPC) chaired by the Prime Minister reflects Malaysia’s commitment to achieve a fiscal deficit of 3 per cent of GDP by 2015 and work towards a balanced budget by 2020. Among the initiatives undertaken by the Government is the implementation of phased rationalization of subsidies and ensure a more targeted approach in providing financial assistance to those in need. The government remained committed in achieving the targets outlined in the Government Transformation Programme (GTP).

In these factors - Business Efficiency, Productivity and Efficiency, Labour Market and Management Practices sub-factors; Malaysia recorded improvements while the Finance sub-factor moderately affected Malaysia’s performance which sees our position drop to 5th from 4th previously. In the Infrastructure factor significant improvements were recorded in the Technological Infrastructure and the Health and Environment sub-factors which contributed to Malaysia maintaining its position at 25th. We also believe that the improvements of rankings are directly linked to the upward trend of Malaysia’s Global rankings in the Global Competitiveness Report 2013-2014 to 24th position and World Bank Ease of Doing Business report 2014 where Malaysia is ranked number 6 worldwide.

The WCY results reflects the measures that we have been undertaking under the Government Transformation Programme (GTP) and Economic Transformation Programme (ETP). We will continue to strengthen our global competitiveness through efforts targeted at enhancing Malaysia’s investment environment and promoting policies that would increase trade, harness talents to achieve higher productivity growth, intensify efforts to reduce regulatory burdens, as well as strengthen Malaysia’s technological capabilities.

The government is committed in implementing and executing a sustainable economic policy in ensuring a more prosperous and developed Malaysia as opposed to short-term, populist shortcuts that will have negative consequences in the long run. The right decisions are not necessarily popular. We expect to see a much better performance in the next 3 to 5 years as more of our initiatives began to bear fruit. Policies such as the economic transformation plan, government transformation plan, subsidy rationalization and the push for productivity will continue to be the key guiding initiatives in achieving the status of a high income nation. Despite improvements in some of the sub-factors in the ranking, the government admits that more work needs to be done. We call upon all stakeholders to join us in improving our performance.

YB. Dato’ Seri Mustapa Mohamed
Minister for International Trade and Industry
22nd May 2014
Tags: Add new tag, Dato’ Seri Mustapa Mohamed, Economic Transformation Programme,eport World Competitiveness Yearbook 2014, ETP, Fiscal Policy Committee (FPC), IMD,Institute for Management Development, MITI, MITI Report, MITI Weekly Bulletin, WCY,World Competitiveness Centre

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Posted on February 28, 2023 at 5:01 pm
Dear Sir and Madam,

We are from the Buddhist community in Malaysia and we want to inform more about Datuk Yip Kum Fook on social media or internet news because it is very bad, embarrassing for Buddhists in Malaysia, and abroad

Our topic is Datuk Yip Kum Fook is a lawyer, MCA Gombak, President of SAMNAK SAMBODHI BUDDHIST ASSOCIATION in Taman Desa Jaya, Kepong and others. He is very bad for the Buddhist Temple because he plays politics in the Temple, cheats money and cheats women for sex everywhere. Now many are boycotting him

We have already written to too many organizations and Buddhists societies (Temples) in Malaysia and abroad to protect Buddhism and other religions in the world. On the other hand, we plan to have a letter to the Sultan of Selangor to return the title of Datuk to the Sultan of Selangor as soon as possible, this makes the Sultan of Selangor embarrassed and of poor quality

Again, in the internet, so many people comments and posts about Datuk Yip Kum Fook and they say bad things to Datuk Yip Kum Fook, this also causes MCA to lose for any election because everyone goes to research the internet as technology nowadays.

Finally, we thank you for your kind cooperation in this matter and we hope to hear good news from you as soon as possible… we love our Buddhists and MCA in Malaysia

With kindly
Buddhist group in Kepong

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Posted on July 31, 2022 at 7:44 am
Malang KUIL BUDDHA SAMNAK SAMBODHI menjadi tempat menghalau Hantu oleh kuil presiden DATUK YIP KUM FOOK (MCA Gombak), mungkin ada jawatankuasa di kuil yang sangat rendah pengetahuan Dhamma, mereka hanya menunggu wang derma dari penganut Myanmar dan mereka mengambil wang dari Sami Buddha Myanmar, ada jawatankuasa tidak berasa malu dan mereka memikirkan nasib malang kuil

Beberapa bulan yang lalu, mereka menjemput Sami Buddha Tibet untuk melaungkan dan membuang kuil malang, mereka mengatakan kuil itu mempunyai banyak hantu dan mereka tidak fikir DATUK YIP KUM FOOK adalah hantu yang terbesar di Malaysia kerana dia(Yip) menendang Sami Buddha keluar dari kuil, ini adalah dosa berat dalam agama Buddha

Kami perlu dan bercadang untuk menghantar beberapa surat kepada Sultan Selangor kerana DATUK YIP KUM FOOK (MCA Gombak) mendapat gelaran datuk dari Sultan Selangor dan menghantar semua masyarakat Buddha di malaysia.... orang jahat tidak bolih menyimpan negara kita, juga jangan kasihan kepadanya


Posted on July 12, 2022 at 7:06 pm

We are the former committee members of the SAMNAK SAMBODHI BUDDHIST TEMPLE in Taman Desa Jaya, Kepong, Kuala Lumpur, Malaysia. That we would like to inform about something like the history of the Temple to all Buddhists to know in Malaysia and other countries in the world

This SAMNAK SAMBODHI was started in 1989, at Taman Ehsan by Sangha from Kelantan, there was a rental house for our Temple and our Master’s payment for the Temple, how difficult it was at that time but our Master was very patient in what matter for the Temple.

We moved to No: 25 Jalan 5 Taman Desa Jaya, near Taman Daya in 1992 but the Temple here is no longer, then in 1993 again moved to the place now, we are knowing well about the SAMNAK SAMBODHI BUDDHIST TEMPLE

Last time, SAMNAK SAMBODHI BUDDHIST TEMPLE was very famous for various activities such as Dhamma Sunday School, free form five tuition on BM, Wesak Day celebration, Kathina celebration, Loy Krathong festival, blood donation, Chinese New Year Oil Lamp and others.

This time is very different in the past and the committee hires foreign monks to take care of Temple only and sometimes the president of the Temple (YIP KUM FOOK) invites some Tibetan monks and Thai monks to wipe out their misfortune only, the Temple became a private place of the family

How to embarrass the devotees, the committee must rethink the matter because of the Temple donation fund by the devotees

Sharing by Lum Tuck choy, Taman Desa Jaya, Kepong

Posted on June 28, 2022 at 5:52 am
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Posted on June 4, 2022 at 11:06 am
YIP KUM FOOK (MCA Gombak) was a very big mistake to expel monks from SAMNAK SAMBODHI BUDDHIST TEMPLE in 2001, Buddhists still in remember that time, he and his thugs(gangsters) and 2 polices came to destroy(arrest) the Sangha in the Temple, and the devotees were very sad to hear it had applied

How long, Buddhists cannot forget what happened in the SAMNAK SAMBODHI BUDDHIST TEMPLE but YIP KUM FOOK how to live in the world, he damaged the Sangha or separated Sangha, which is a very big sin in Buddhist teachings. This Kamma, the earth will suck or swallow you (YIP KUM FOOK) like His Venerable Devatta on Buddha time

“you are a Buddhist and you are a lawyer, also a graduate, why don’t you know what is wrong or right, like us as ordinary people, we don’t have any graduates or degrees but we know about the good and the bad”

Kenny yap, Taman Desa Jaya, Kepong

Posted on May 28, 2022 at 1:50 pm
Venerable PHRA PIYA DHAMMO is a retired police officer of the Singapore narcotics criminal investigation department, after he retired and he joined the monastic life at the Mahindarama Temple in Penang under Venerable Dr. Elgiriye Indarathana, the incumbent chief at the time

Later, he practiced Buddhist teachings, Dhamma, and temple rules by wearing white clothes for three years before being ordained a Buddhist monk and he lived with a chief monk for five years to study full subjects in Buddhism to follow the rules of Vinaya (culture, morality, meditation and others)

Therefore, my Master (Phra Piya Dhammo) said, he travelled to many places to practice the Dhamma and gain more experience in the areas of Kuala Lumpur, Selangor, and Melaka

And he stopped at SAMNAK SAMBODHI BUDDHIST TEMPLE, Taman Desa Jaya, Kepong for training under a good MASTER there, but so many Ghosts to be bothered as YIP KUM FOOK (lawyer), this YIP KUM FOOK is the president of SAMNAK SAMBODHI and YIP KUM THIS FOOK also called the police to arrest him, using that annoying gangster as well

Many things my Master told us about him traveling for Dhamma training, the worst place in SAMNAK SAMBODHI BUDDHIST TEMPLE because YIP KUM FOOK (lawyer) did not respect the monks and other committee members


Posted on May 28, 2022 at 8:09 am
we went to mention VENERABLE PIYA DHAMMO (Penang) about YIP KUM FOOK (lawyer) president of SAMNAK SAMBODHI BUDDHIST TEMPLE, Taman Desa Jaya, Kepong ... this YIP KUM FOOK always called the police to come to the temple to harass and arrest Buddhist monks

He is very stupid and bad in the world because Buddhist monks visit and come to any temple for they to practice Dhamma and come to learn Dhamma for get more experience in their way of life but this YIP KUM FOOK still thinks negatively to benefit himself

YIP KUM FOOK knows how to use police and thugs to harass only but Dhamma or Buddhist teachings he doesn't know, maybe pay money to police and thugs to do this project

VENERABLE PIYA DHAMMO(Penang) is not live alone, we will help and find out about YIP KUM FOOK make problem in Buddhist, now is times technology is very easy to research about YIP KUM FOOK information detail, in future he will need to answer in what he does mistake with monk’s world groups

Chaiya Mangalaram Thai Buddhist Temple, Penang

Posted on May 21, 2022 at 8:03 am
The largest rebel to Buddhist and Hindu in Malaysia who is YIP KUM FOOK and he is a lawyer in Taman Desa Jaya, Kepong, maybe his lawyer is fake certificate because he is not like someone who studied law. Lawyers must be at least 6 years to study, but we're the same age, but we've never seen him take that class because of YIP KUM FOOK is busy with a furniture store business in Kepong area

He ordered the people to burn the Hindu Temple in Taman Daya, Kepong because at that time he was the MCA chairman in Taman Daya and he had power there, the other because he needed a place to set up his furniture shop business

In Buddhism, he was the president of SAMNAK SAMBODHI BUDDHIST TEMPLE in Taman Desa Jaya, Kepong in 1994, before the president of the temple was SHIA KOK SUN, YIP KUM FOOK this joined the committee members then he rejected SHIA KOK SUN, then he took over as president

Happened at the SAMNAK SAMBODHI BUDDHIST TEMPLE, from him taking over the presidential temple, was never peaceful and always a problem because he was a trouble maker, pushing the old committee and various making a mess in the Temple

Instead, he defrauded a Myanmar monk (ven. Nandiya) of about rm20,000.00, called police and gangster to remove the Buddhist monk, a monk is from Penang (Ven. Piya Dhammo), and ordered his group to lock down the temple

YIP KUM FOOK will receive his Karma in what he does, all the GODS have seen and always commented on him and he will suffer forever in this life and the next life… all need to care about YIP KUM FOOK…

Description by Cikgu cheong

Posted on May 16, 2022 at 7:59 pm
This YIP KUM FOOK forced the Buddhist monk out of the temple and locked the Temple gate, then he also called the police to arrest the monk in the temple and he called his thugs to come harass the monk as well

Now many know about YIP KUM FOOK and what he did before, a lot he cheated in Kepong area, he will suffer relentlessly in his life, and the next time he dies, his family generation will carry on his bad karma

YIP KUM FOOK is a lawyer but his character and attitude are not like a lawyer because he can deceive various people and do bad things without embarrassing people, everyone knows you are not a law student, you pay money to get a certificate, if you are a true lawyer you have to understand the law

When we got to know him in Taman Ehsan in 1989, that time we opened the official SAMNAK SAMBODHI and he was the MCA chairman in Taman Daya, Kepong, and also a business as a furniture shop, he was not the founder of SAMNAK SAMBODHI and also he was not a committee member of the SAMNAK SAMBODHI, also he was not a lawyer at that time

Now the life of his drama will be open to the public to know, he will cannot close in what he did before, in one day it will open all .. at that time, he will suffer and vibrate for a lifetime

Next time he must answer the Buddhist devotees because Buddhists will ask the question of where the Temple money is lost, Ms. Lim was appointed president of the SAMNAK SAMBODHI BUDDHIST TEMPLE, Taman Desa Jaya, Kepong, Kuala Lumpur

Share by Ah Thong, Taman Ehsan

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