Latest news with #PUCM
The Star
22-05-2025
- Business
- The Star
M'sia-China event presents potential business linkups
(From left) Low, Li, Teo, Zheng and Abdul Majid launching CSITE 2025. — ONG SOON HIN/The Star China Entrepreneurs Association in Malaysia (PUCM) continues to foster strong Malaysia-China relations by promoting economic growth and cross-cultural exchange between the nations. PUCM president Datuk Keith Li said one of the association's achievements was the China Smart Industry Trade Exhibition (CSITE) promoting business links between Malaysia and China. 'Established in 2015, PUCM was started with just seven founding members and has grown into a dynamic association representing nearly 200 member companies. 'These range from those in artificial intelligence (AI) and telecommunications to construction and energy sectors. 'One of our achievements is CSITE which spotlights breakthroughs in AI, drone technology and smart city solutions. 'This links Chinese innovation with Malaysian opportunities,' Li said in his opening speech during the association's 10th anniversary celebration in Kuala Lumpur. The event also saw the launch of CSITE 2025, which featured 105 booths mainly showcasing AI, digital technology and education. Chinese Embassy minister Zheng Xuefang described Malaysia as an emerging player in AI, with a focus on leveraging technology for economic growth and regional competitiveness. 'As China is a global AI powerhouse, our two countries can benefit from collaboration in this area. 'CSITE is a great platform for Chinese and Malaysian companies to exchange views and share insights on the latest developments,' he said. Deputy Communications Minister Teo Nie Ching said China remained Malaysia's largest trading partner for 16 consecutive years, with bilateral trade reaching RM16.1bil as of March this year. 'In addition to growing trade and investment links, Malaysian citizens can now enjoy visa-free entry to China for a cumulative stay of up to 90 days over a period of six months. 'With 2026 being billed as Visit Malaysia Year, we look forward to welcoming even more tourists from China and around the world. 'In 2024, tourist arrivals from China to Malaysia rose to 3.7 million, marking an impressive increase of 130.9% year-on-year,' she added. Present during the event were Malaysia-China Business Council chairman Senator Tan Sri Low Kian Chuan, Malaysia-China Friendship Association president Datuk Abdul Majid Khan, China Silk Road Group chairman Dr Yan Lijin and Federation of Malaysia Chinese Commerce Association president Datuk Lum Kim Soong. Abdul Majid, Yan and Lum are also PUCM honorary advisors.
The Sun
15-05-2025
- Business
- The Sun
PUCM strengthens Malaysia-China ties through trade, technology and cultural exchange
KUALA LUMPUR: The China Entrepreneurs Association in Malaysia (PUCM) continues to play a pivotal role in deepening Malaysia and China relations, not only by fostering robust business partnerships, but also by advancing tourism, technology and cultural diplomacy. Speaking at PUCM's 10th anniversary celebration today, Deputy Communications Minister Teo Nie Ching praised the association's decade-long efforts in forging lasting connections across key sectors such as technology, telecommunications, culture and education. 'Beyond trade and investment, people-to-people ties between our nations continue to deepen. With Visit Malaysia Year 2026 on the horizon, we look forward to welcoming even more tourists from China and around the world,' she said. Teo highlighted that tourist arrivals from China soared to 3.7 million in 2024, marking a remarkable 130.9 per cent year-on-year increase. 'This initiative marks a new chapter in Malaysia-China relations, reinforcing our connectivity in trade, tourism, education and cultural diplomacy. It arrives at a crucial moment as Malaysia chairs ASEAN in 2025, where inclusivity and sustainability will shape the regional agenda. 'Greater ease of movement for businesses, entrepreneurs, students and tourists will not only strengthen bilateral ties but also enhance ASEAN's position as a vibrant, people-centred and future-ready region,' she said during the anniversary luncheon held at a hotel here today. Teo also reaffirmed the Communications Ministry's commitment to nurturing a supportive ecosystem for foreign and local investors in the digital and telecommunications sectors. 'We continue to review and streamline regulatory frameworks, while formulating policies that encourage a dynamic, secure and inclusive digital economy for all,' she said, encouraging PUCM and its partners to pursue joint ventures, technology exchange and investments that benefit both nations. She also noted that the theme for the 2025 China Smart Industry Trade Exhibition (2025 CSITE), Smart Technology, Digitalisation and Education, fully aligns with the priorities of the MADANI Economy and Malaysia's drive for digital inclusivity, cybersecurity and innovation-led growth. Meanwhile, PUCM president Datuk Keith Li reflected on the association's growth from just seven founding members to nearly 200 member companies over the past decade. 'Among our proudest achievements is the establishment of the 2025 CSITE, which spotlighted breakthroughs in artificial intelligence, drone technology and smart city solutions. 'This initiative serves as a vital bridge, linking Chinese innovation with Malaysian opportunities,' he said. The event also saw the unveiling of PUCM's 10th Anniversary Special Edition Magazine. Earlier, Teo officiated the launch of the 2025 CSITE and spent about 30 minutes visiting exhibition booths, including those by China Telecom (M) Sdn Bhd, China Silk Road Group and Geespace. She also visited the booths of the Malaysian National News Agency (Bernama), Malaysia-China Insight and Nanjing Xinyan Cultural Media Co, Ltd.
The Sun
15-05-2025
- Business
- The Sun
PUCM boosts Malaysia-China ties via trade and tech
KUALA LUMPUR: The China Entrepreneurs Association in Malaysia (PUCM) continues to play a pivotal role in deepening Malaysia and China relations, not only by fostering robust business partnerships, but also by advancing tourism, technology and cultural diplomacy. Speaking at PUCM's 10th anniversary celebration today, Deputy Communications Minister Teo Nie Ching praised the association's decade-long efforts in forging lasting connections across key sectors such as technology, telecommunications, culture and education. 'Beyond trade and investment, people-to-people ties between our nations continue to deepen. With Visit Malaysia Year 2026 on the horizon, we look forward to welcoming even more tourists from China and around the world,' she said. Teo highlighted that tourist arrivals from China soared to 3.7 million in 2024, marking a remarkable 130.9 per cent year-on-year increase. 'This initiative marks a new chapter in Malaysia-China relations, reinforcing our connectivity in trade, tourism, education and cultural diplomacy. It arrives at a crucial moment as Malaysia chairs ASEAN in 2025, where inclusivity and sustainability will shape the regional agenda. 'Greater ease of movement for businesses, entrepreneurs, students and tourists will not only strengthen bilateral ties but also enhance ASEAN's position as a vibrant, people-centred and future-ready region,' she said during the anniversary luncheon held at a hotel here today. Teo also reaffirmed the Communications Ministry's commitment to nurturing a supportive ecosystem for foreign and local investors in the digital and telecommunications sectors. 'We continue to review and streamline regulatory frameworks, while formulating policies that encourage a dynamic, secure and inclusive digital economy for all,' she said, encouraging PUCM and its partners to pursue joint ventures, technology exchange and investments that benefit both nations. She also noted that the theme for the 2025 China Smart Industry Trade Exhibition (2025 CSITE), Smart Technology, Digitalisation and Education, fully aligns with the priorities of the MADANI Economy and Malaysia's drive for digital inclusivity, cybersecurity and innovation-led growth. Meanwhile, PUCM president Datuk Keith Li reflected on the association's growth from just seven founding members to nearly 200 member companies over the past decade. 'Among our proudest achievements is the establishment of the 2025 CSITE, which spotlighted breakthroughs in artificial intelligence, drone technology and smart city solutions. 'This initiative serves as a vital bridge, linking Chinese innovation with Malaysian opportunities,' he said. The event also saw the unveiling of PUCM's 10th Anniversary Special Edition Magazine. Earlier, Teo officiated the launch of the 2025 CSITE and spent about 30 minutes visiting exhibition booths, including those by China Telecom (M) Sdn Bhd, China Silk Road Group and Geespace. She also visited the booths of the Malaysian National News Agency (Bernama), Malaysia-China Insight and Nanjing Xinyan Cultural Media Co, Ltd.
Barnama
15-05-2025
- Business
- Barnama
PUCM Strengthens Malaysia-China Ties Through Trade, Technology And Cultural Exchange
GENERAL KUALA LUMPUR, May 15 (Bernama) -- The China Entrepreneurs Association in Malaysia (PUCM) continues to play a pivotal role in deepening Malaysia and China relations, not only by fostering robust business partnerships, but also by advancing tourism, technology and cultural diplomacy. Speaking at PUCM's 10th anniversary celebration today, Deputy Communications Minister Teo Nie Ching praised the association's decade-long efforts in forging lasting connections across key sectors such as technology, telecommunications, culture and education. 'Beyond trade and investment, people-to-people ties between our nations continue to deepen. With Visit Malaysia Year 2026 on the horizon, we look forward to welcoming even more tourists from China and around the world,' she said. Teo highlighted that tourist arrivals from China soared to 3.7 million in 2024, marking a remarkable 130.9 per cent year-on-year increase. 'This initiative marks a new chapter in Malaysia-China relations, reinforcing our connectivity in trade, tourism, education and cultural diplomacy. It arrives at a crucial moment as Malaysia chairs ASEAN in 2025, where inclusivity and sustainability will shape the regional agenda. 'Greater ease of movement for businesses, entrepreneurs, students and tourists will not only strengthen bilateral ties but also enhance ASEAN's position as a vibrant, people-centred and future-ready region,' she said during the anniversary luncheon held at a hotel here today. Teo also reaffirmed the Communications Ministry's commitment to nurturing a supportive ecosystem for foreign and local investors in the digital and telecommunications sectors. 'We continue to review and streamline regulatory frameworks, while formulating policies that encourage a dynamic, secure and inclusive digital economy for all,' she said, encouraging PUCM and its partners to pursue joint ventures, technology exchange and investments that benefit both nations. She also noted that the theme for the 2025 China Smart Industry Trade Exhibition (2025 CSITE), Smart Technology, Digitalisation and Education, fully aligns with the priorities of the MADANI Economy and Malaysia's drive for digital inclusivity, cybersecurity and innovation-led growth.
