question : demonstrate any five external factors that will affect the implementation of ASEAN e-Commerce in charging businesses around the world. ( 20 marks)

subject : strategic management for public sector

CASE STUDY KEYNOTE ADDRESS at THE PROSPERITY FOR ALL SUMMIT 2017 IN PASAY CITY By YBHG. DATO' SERI NAJIB RAZAK MALAYSIAN PRIME MINISTER Ladies and Gentlemen, Why is it that economic growth and economic size are so important? It is because only if you have a growing economy, then only you can distribute prosperity and wealth. We want this prosperity to be shared by all. Without economic success, there is nothing to be shared. We have had years of very strong growth in Malaysia, and our Gross National Income has increased by nearly 50 percent since we began our Economic Transformation Programme in 2010. Our focus has been on ensuring that growth is both sustainable and inclusive and if possible, equitable, or more equitable for we want no Malaysian to be left behind, regardless of ethnicity, faith and community. We have been successful, 1.8 million new jobs created between 2010 to 2016, which means individuals and their families benefit from being in work and sharing in our country's prosperity. We have virtually eliminated poverty, reducing its incidence to just 0.6 percent. We do not want any of our citizens to be marginalised. In an age of extremism and radicalization, there is a practical reason for that. We know that those who see no hope in their own societies are more prone to the siren calls of terrorist groups, who can exploit their vulnerability and lure them with their lies by giving them a false sense of purpose and achievement. One of the lessons of the rise of extremist populism in Europe, too, is that a neglected underclass of those who felt left behind by economic growth, prosperity and the benefits of globalisation - can overturn elections and political systems. We have put in place many programmes to encourage training; entrepreneurship among communities, I believe in that creating more entrepreneurs, particularly in rural and disadvantaged areas; female participation in and leadership of the workforce; and learning the skills needed to succeed in the innovation economies of today and tomorrow. I'm glad to say that our Government-Linked Companies have been doing admirable work to support the government's stress on sustainable, inclusive and equitable growth, not just as part of their corporate and social responsibility, but also because it makes sound business sense. For example giving them internship. At the same time, we recognise that some of our fellow citizens need extra assistance to ensure that they can live in dignity and provide properly for their families, and so we provide financial aid, in the form of what we call BR1M, to low income families. This not only helps them, but it provides a multiplier effect which further boosts the overall economy. Ladies and Gentlemen, In 2012, the SME Masterplan (2012-2020) was launched, while SME development programmes have ther strengthened in the Eleventh Malaysia Plan, 2016-2020, in line with the SME Masterplan objectives, and towards our goal of becoming a high income status nation by 2020. The focus in the Eleventh Malaysia Plan for SMEs is on productivity, innovation, entrepreneurship and inclusiveness. And the Government's efforts for the SME community have begun to bear fruit. This can be seen in the excellent performance of Hak Cipta Universiti Teknologi MARA CONFIDENTIAL Malaysian SMEs, which have an average annual growth rate of 7.1 per cent - higher than the still very healthy 4.2 percent maintained by the overall economy in 2016. We are taking further steps to boost this sector by declaring 2017 as the Startup and SME Promotion Year, and we have allocated large sums of money to provide incentives and programmes to support this thriving and vital part of our economy. I also welcome the establishment of the ASEAN e-Commerce Coordinating Committee towards enhancing e-commerce activities in the region. The current internet user base in ASEAN of 260 million people is expected to grow to 480 million users by 2020, making ASEAN the world's fastest growing internet region. Some studies show that the ASEAN e- commerce economy is expected to grow to US$200 billion by 2025. We must deploy digital technology, this powerful force of economic innovation, to help us make the leap into that great future that ASEAN promises, and ensure that it is one of prosperity for all. (Source: http://www.philstar.com/business/2017/04/28/1694772/full-text-malaysian-pms- speech-prosperity-all-summit-2017, 28 April 2017)