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Perak International Expo 2019

Perak International Expo 2019

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About Perak International Trade Exposition (PIEX)

Perak International Trade Exposition (PIEX) is the largest integrated trade exposition to be organized by the Perak state government targeting the B2B and B2G market to promote Perak state as the top choice for trade and investment partners. It represents a unique platform to enhance trade, business, investment and economic opportunities amongst domestic and global industry players.

PIEX will gather participation from major Perak based manufacturers and SMEs together with participants from various countries to collaborate and facilitate foreign trade investment and develop connections to expand into new markets during these 4 days event. The event will focus on economic sectors like manufacturing, tourism, construction, education, electronics & electrical, natural resources sector, property investment, transportation and automotive industry.

Apart from the trade exhibition from various key industries, PIEX has specifically brought together all government agencies and departments to provide latest information on investment opportunities and policies and to facilitate direct engagement with investors. PIEX is also supported by the Perak Chinese Chamber of Commerce, Perak Malay Chamber of Commerce & Industry, Perak Indian Chamber of Commerce, Malaysia Chamber of Commerce, National Chambers of Commerce and Industry of Malaysia, Malaysia International Chamber of Commerce and Industry
and Federation of Malaysia Manufacturers (Perak). This event will also focus on business matching, seminars, products showcase, and networking sessions to gather valuable insights on the current trends, strategies, innovations and digitalization technologies to encourage and develop strategic partnership between Perakians and potential investors.

A key highlight of PIEX will be the Pangkor Dialogue, an international conference held concurrently with PIEX which will feature some of the most knowledgeable and influential speakers and guests representing diverse sectors to share their insights and expertise on various issues impacting the world to enhance industry knowledge among peers and industry players.

ABOUT PANGKOR DIALOGUE

Pangkor Dialogue is an international annual conference that started in 2014. The conference aims to promote the exchange of ideas and knowledge and practical solutions for local and global players. The ultimate aim is to make the future of Perak both sustainable and inclusive.

Spearheaded by Institut Darul Ridzuan on behalf of the State Government of Perak, Pangkor Dialogue mirrors the multi-dimensional nature of the Sustainable Development Goals or SDGs. It has evolved from a platform for sharing knowledge and networking to an authority of reference especially on sustainable and inclusive development, making it the first of its kind in Malaysia and Asia. The reputation has earned Pangkor Dialogue the appellation “Davos of Asia”, where it gathers experts and leaders, Nobel-prize winners, industry professionals, academicians and policymakers worldwide to deliberate, define and refine strategic and invaluable inputs for policy-making and decisions.

MAIN THEME
INVESTING FOR A SUSTAINABLE AND INCLUSIVE FUTURE

Why is the economic and financial system failing us? In spite of these increasingly clear signals, today’s capital markets are not currently allocating capital in a way that promotes a sustainable economy. Although awareness is increasing, the majority of investors rarely incorporate sustainable development issues into their valuation work,
or into the messages that they transmit to the people who run the companies for them. There are many reasons for this, but three stand out. First, quick profits –for which the capital markets can be fairly criticised. Second, investors lack the knowledge and tools needed to ensure that their decisions are consistent with long-term sustainability objectives. And, third, lip service political will. This essentially boils down to governments and policymakers failing to make sustainable development and environmental externalities count in corporate finance. These impacts are not just a distant and global phenomenon. Closer to home in Malaysia’s efforts to recoup the profits of property developers by liberalising the property market in 2009 witnessed burgeoning property prices. Until today the government is picking up the pieces, buy subsidising affordable homes.

Ultimately, an economy is a means to an end, where the end is the enhanced wellbeing of human societies that avoids undue pressure on the environment. Ideally, economic growth must be sustainable and be a catalyst for social change for the better. These will require radical efficiency improvements in how we use all our
resources.

It also will mean major changes in how we invest in the future. So it can help create
resilient, stable and sustainable economies. What does this mean in practice? These
are the issues that Pangkor Dialogue 2019 seeks to address.

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