Miti Blog

Ministry of International Trade and Industry Malaysia Official Blog

Tag Archives: GE

MITI, SCE To Jointly Conduct Talent Development Programme
October 13, 2015 , by admin2

KUALA LUMPUR, Sept 8 (Bernama) — The Ministry of International Trade and Industry (MITI) has teamed up with Singapore Corp Enterprise (SCE) to conduct a talent development programme for officers from MITI and its agencies.

Deputy Minister, Datuk Ahmad Maslan, said the eight-month programme, from September 2015 to April 2016, was the first of its kind for Malaysian civil service and would involve 122 officers.

“The platform, called the Economic Policy Leaders programme, would enhance the professionalism and charisma of the officers,” he said after the signing of the memorandum of understanding between MITI Deputy Secretary-General, Datuk Jayasiri Jayasena, and SCE Chief Executive Officer, Kong Wy Mun, here today.

Also present was Temasek Foundation Chief Executive Officer, Benedict Cheong.

Ahmad said the programme would be held in Malaysia and will be followed by a learning visit to Iskandar, Johor and Singapore.

The cost of approximately RM750,927 would be equally funded...

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BUDGET ALLOCATION IN 2010
July 2, 2015 , by admin2
The 2010 Budget, with the theme ‘1 Malaysia, Together We Prosper’, focuses on 3 strategies, namely: • Driving the nation towards a high-income economy; • Ensuring holistic and sustainable development; and • Focusing on well-being of the Rakyat The 2010 Budget allocation totalled RM189.5 billion. The breakdown is as follows: • Operating Expenditure RM138.3 billion (73.0%) • Development Expenditure RM51.2 billion (27.0%) In the Budget announcement, among the niche areas with potentials in moving up the value chain as well as generate higher returns highlighted are tourism, information technology and communication (ICT), finance and Islamic banking, Halal and green technology industries. The 2010 Budget has adopted 3 incentive proposals by MITI which are: A.SME Development: • Expenses incurred in registration for patent and trademark be allowable for single deduction; and • Additional allocation of RM350 million to SME Corp. (RM200 million for soft loans,...
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APEC MINISTERS RESPONSIBLE FOR TRADE MEETING, 5 – 6 June, Japan
June 29, 2015 , by admin2
Y.B. Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry will attend the APEC Ministers Responsible for Trade Meeting (MRT) in Sapporo, Japan from 5-6 June 2010. MRT will:
  • discuss ways to give impetus to conclude the Doha Development Agenda(DDA) negotiations;
  • review the international economic and trade environment and APEC’s efforts in mitigating protectionism; 
  • evaluate progress made by APEC’s economies in realising free and open trade and investment in the region, in line with the objectives of the Bogor Goals; 
  • discuss ways to accelerate on-going work programmes and identify new measures to strengthen regional economic integration;
  • exchange views on ways to strengthen long-term growth in the Asia Pacific region remised on balanced, inclusive, sustainable, knowledge-based and secure growth; and
  • seek new ways to enhance human security with a specific focus on food security, pandemic preparedness and counter terrorism measures. 
Malaysia...
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Laporan World Competitiveness Yearbook (WCY) diterbitkan oleh World Competitiveness Center (WCC) of the Institute for Management Development (IMD)
June 17, 2015 , by admin2
“ Malaysia Berada di Landasan Yang Tepat “ Laporan World Competitiveness Yearbook (WCY) diterbitkan oleh World Competitiveness Center (WCC) of the Institute for Management Development (IMD) yang bertempat di Lausanne, Switzerland meletakkan Malaysia di kedudukan ke-12 di kalangan 60 ekonomi.  
1) Kejayaan ini bukan dapat dicapai dengan mudah. Ini ialah hasil kerjasama semua pihak yang terlibat dalam merealisasikan program transformasi negara. Malaysia berada di tangga ke-15 tahun lepas. Peningkatan ini membuktikan kesinambungan usaha transformasi kerajaan di bawah pimpinan YAB Perdana Menteri, Dato’ Seri Mohd Najib Tun Razak, walaupun mendepani persekitaran politik yang mencabar. 2) Laporan ini terbahagi kepada 4 faktor: Prestasi Ekonomi, Kecekapan Kerajaan, Kecekapan Perniagaan dan Infrastruktur. 3) Dalam sub-faktor Ekonomi Domestik di bawah Faktor Prestasi Ekonomi bagi indikator “Daya Tahan Ekonomi kepada Kitaran adalah kukuh”, Malaysia berada di kedudukan ke-2 di...
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Malaysia makes gains in the latest World Competitiveness Yearbook 2014 by the Institute for Management Development (IMD)
June 17, 2015 , by admin2
Media Statement By Dato’ Seri Mustapa Mohamed Minister of International Trade and Industry Malaysia makes gains in the latest World Competitiveness Yearbook 2014 by the Institute for Management Development (IMD)  
The Institute for Management Development (IMD), World Competitiveness Centre, Lausanne, Switzerland in its latest report World Competitiveness Yearbook 2014 ranked Malaysia at 12th position among 60 economies. This was an improvement as Malaysia was ranked 15th in 2013. This means that Malaysia remains among the top 15 most competitive nations that include USA, Switzerland, Singapore, Hong Kong, Sweden, Germany, Canada, UAE, Denmark, Norway, Luxembourg, Malaysia, Taiwan, Netherlands and Ireland. This is our best performance in the last 4 years (2011, 16th) Malaysia continues to be ahead of United Kingdom (16th), Australia (17th), Finland (18th), New Zealand (20th), Japan (21st) and Korea (26th). A summary of Malaysia’s achievements are listed as follows: In the...
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Malaysian undergraduates to intern in ASEAN
June 16, 2015 , by admin2
As the chair for ASEAN in 2015, Malaysia has initiated a unique opportunity to engage its future talent, and provide a broader perspective on the role of ASEAN. Over 150 students, government representatives and employers attended the official launching of the MY ASEAN Internship programme at Sunway University on Monday. MY ASEAN Internship is a collaboration between the Ministry of International Trade and Industry (MITI) and Talent Corporation Malaysia Berhad (TalentCorp), which seeks to increase overall awareness on ASEAN among the youth in Malaysia. The initiative targets 100 high-achieving students in 2015 to intern at one of the leading partner organisations which have business operations in one or more ASEAN countries. Currently, there are 12 partner organisations participating in the initiative, which are AirAsia, Axiata, BDO, CIMB, Digi, GE, Maybank, Nestle, Securities Commision Malaysia, Sime Darby, Sunway, and ZICOlaw.Throughout the internship period, these...
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Malaysia’s approved investments at record RM236bil
June 15, 2015 , by admin2
Mustapa says the Government will include customised incentives to attract more foreign investors. – Bernama

KUALA LUMPUR: Approved investments climbed for the fourth consecutive year in 2014, rising to a new high of RM235.9bil compared with RM219.4bil recorded in 2013, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

Domestic investments accounted for 72.6% of the total while new investments in the manufacturing sector rose 38% to RM71.9bil.

The approved projects last year would create 178,360 new jobs, Mustapa said.

He said the Government was setting a modest target of RM56bil for approved projects in the manufacturing sector amid a more challenging global economic outlook.

“We are planning to introduce tax and location incentives for principal hub companies,” Mustapa said at an economic event organised by the Performance Management and Delivery Unit (Pemandu) yesterday. The Government, he said, would include customised incentives to attract more foreign investors.

The economy expanded 6% in 2014, boosted by steady growth in the construction and...

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Najib Urges Business Community To Focus More On Productivity, Innovation
June 12, 2015 , by admin2
The prime minister said the two elements must be given the highest priority in running the organisation as it is the key to success in today’s intensely competitive economic environment. “Every year, a number of international organisations such as the World Bank, the World Economic Forum (WEF) and the Swiss Institute of Management Development publish global competitiveness reports, in which they compare the ability of nations to compete in the international market. “I am proud to say that all these three organisations have issued reports showing that the efforts that we have been making to improve our competitiveness have been effective,” he said at the Anugerah Kecemerlangan Industri (AKI) 2014 here, today. He said all these improvements would not have been possible without the initiatives undertaken through the government transformation programme (GTP) and the economic transformation programme (ETP), along with the public and private sector collaboration through the... Read More
PEMANDU Helps Woo Investments, Says Mustapa
June 12, 2015 , by admin2

KUALA LUMPUR, April 28 (Bernama) — The Performance Management and Delivery Unit (PEMANDU) has played a crucial role in attracting more investments, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

“We have done very well in investments, we surpassed our RM148 million per annum target,” he said after the launching of the Government Transformation Programme and Economic Transformation Programme 2014 Annual Report in Kuala Lumpur, Tuesday.

PEMANDU, which introduced the programmes, also monitors their progress.

“Compared to before, the situation is more orderly, systematic and efficient, through the transformation brought about by the programmes,” Mustapa said.

Among others, he said, the government has introduced a number of projects that have resulted in 1.5 million jobs being created, important to young people and enabling the country to achieve full employment.

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