The first phase of the project will allow individuals to subscribe to the services provided by the Road Transport Department by going on-line at cyber portals run by service providers. The second phase will provide on-line services for the payment of utilities. Ladies and gentlemen, Total commitment is required from all sectors of the industry to ensure the steady recovery of the economy. However, cooperation is not only desirable within the nation. But also at the bilateral, regional and international levels.
Globalization poses a serious threat to the prosperity of Asian trade.
Capital flow is the most critical factor in the era of free and borderless trade. Countries in this region are well aware that this capital could elude them and move into other regions. Thus, regional cooperation in various sectors could delay the negative effect of globalization. Transfer of technology is essential to such cooperative projects. The recipient country would benefit tremendously.