No organisation immune from the waves of change: Najib (Updated)

08 Dec 2016 / 17:27 H.

KUALA LUMPUR: No organisation or institution is immune from the waves of change, said Prime Minister Datuk Seri Najib Abdul Razak.
He said the nation is facing a world that is in the process of constantly being reinvented.
"We need to harness the immense potential of human ingenuity through the means of imagination and enterprise. The entrepreneur imagines a different world, and has the vision to solve problems others think are too big," he said.
Najib said the country has had notable success with two well known applications – the Grab e-hailing application, and the Biji-Biji initiative, a social enterprise on developing products from recycled items.
"The government has set to work in creating an entrepreneurship development ecosystem with over 150 entrepreneurship development programmes being implemented by 15 ministries and 60 agencies across all target groups," he said in his speech at the opening ceremony of the Global Entrepreneurship Community (GEC) and Malaysia Commercialisation Year summit.
Najib also announced two strategic initiatives designed to support each other in creating entrepreneurs who will have transformative effects on their various sectors and communities.
He said the first is the "Global Accelerator Programme" to support the nine clusters at the GEC in building the next generation of entrepreneurs and the second is the "Asean Impact Challenge," aimed at harnessing global talents to solve problems that affect the Asean community.
Speaking to reporters later, Finance Ministry secretary-general Tan Sri Mohd Irwan Serigar Abdullah said Najib had brought up various issues during a close door session with top international and local technological entrepreneurs.
He said therefore there must be a change of mindset at all sectors, government and private, to make it easy for creative entrepreneurs to succeed.
Meanwhile, Mohd Irwan denied that 1Malaysia Development Berhad (1MDB) was in talks with a Chinese company to help resolve its multi-billion ringgit dispute with Abu Dhabi-based International Petroleum Investment Company (IPIC) as alleged.
“I am the chairman, and no such talks have taken place. No one has spoken to me about it,” the 1MDB chairman said.
He was responding to a recent article in the Financial Times citing anonymous sources who claimed that China will assist 1MDB to make repayments in the US$6.5 billion dispute with IPIC.

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