Cyber Criminals Adopt Best Corporate Practices To Increase Attacks - Symantec Report

By Nabilah Saleh and Tengku Faezah Tengku Yusof KUALA LUMPUR, April 14 (Bernama) -- After succeeding in providing 300,000 job opportunities in Malaysia under the Japan-Malaysia industries collaboration, Japan is keen for more engagement, as its economy becomes vibrant after a long stagnation. Japanese Ambassador to Malaysia Dr Makio Miyagawa, said that 'the land of the rising sun,' was looking forward to more engagement in the respective industries as Japan's economy was now stronger, helmed by Prime Minister Shinzo Abe. "We have 1,400 Japanese companies now operating in Malaysia, in good cooperation and partnership with Malaysian industries," he said after a courtesy call on Bernama Chairman Datuk Seri Azman Ujang here, today. Miyagawa said that among the key Japanese investments were electrical and electronics, high technology, automobile industries, green technology, power plants, construction, transportation, medical equipment and services such as banking institutions and insurance. And now that both Japan and Malaysia have become members of the Trans-Pacific Partnership Agreement (TPPA), the envoy was confident that both countries could liberalise trade and investment as well as spur economic growth and social benefits. In this regard, he noted that the creation of common rules among member countries was highly important. "If the common rules are set, we will be able to prevent the degradation of environmental problems, eradicate poverty as well as avoid that regrets that come from being sold some pirated, counterfeit goods," he said. Touching on the Malaysia-Japan bilateral economic partnership agreement, which took effect in July 2006, Miyagawa said that certain barriers have been removed which enabled Malaysia to export bananas, mango or wood products without tariffs. On a separate note, Miyagawa said that a symposium on merit and advantages of high speed rail will be held here on April 29, where the most advanced technologies would be introduced. In this regard, he said that Malaysia could benefit from Japan's experience, where high speed rail set over 50 years ago, has helped Japan's economy to grow due to the linkages it created between industrial cities. "We are very happy to offer the best proven technologies and believe our technologies and safety references are the best around the world, so we would like to create a good partnership with Malaysian industries in building the high speed rail," he said. The ambassador said that Japan would also like to offer the best human resources development and transfer of technology to Malaysia. The symposium will be organised by Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT), Ministry of Foreign Affairs, Ministry of Economy, Trade and Industry, Japan External Trade Organisation (JETRO), Japan Railway Technical Service (JARTS) and Japan Overseas Railway System Association (JORSA). According to recent reports, Japanese and Chinese government officials, together with their private-sector executives from the rail industry, have been lobbying for the construction of the 350km KL-Singapore high speed rail project link. A memorandum of understanding for the project is also expected to be signed between Malaysia and Singapore in the middle of this year, reports said. --BERNAMA