Recent times

The global financial crisis had hit hard on almost every country in the world in year 2009. Europe, as per the day of today, is still struggling. Several countries in Europe have tremendous financial debts and liabilities, the euro - as a consequence - has weakened with about 20% in less than 3 months, since March/April 2010. Initially, so it seemed, the emerging economies were a long way from the centre of the storm - and that proved to be relatively true. Various emerging economies though are in different states of dealing with the fall out of the global financial crises. Malaysia was not spared from the global economic crises, which affected its overall performance. Malaysia's economy contracted by 1.7 in 2009. Though it is fair to say, that overall, Malaysia has quite well coped with the global financial crises of 2009.

At present, Malaysia is at the crossroads of change and transformation. The Government Transformation Program outlines the roadmap of how to turn Malaysia into a high income economy and a fully developed nation by 2020.

BPi aspires to contribute to building up capability for companies in Malaysia to remain competitive and financially profitable. We aim to develop these capabilities such that organizations can survive, adapt to change, transform and deliver breakthrough business performances. Hence Malaysian companies are better suited to fully recover from the global financial turmoil; continue improving business performances, and capable of contributing to the development to Malaysia in order to become a modern developed nation. Here there is a role to play for both Government Linked Companies (GLCs) and (foreign owned) companies operating in Malaysia. BPi sees it as one of its roles to bring GLCs and (foreign owned) companies operating in Malaysia closer to each other. We believe that these players have much to learn from and give to one and the other.