Miti Blog

Ministry of International Trade and Industry Malaysia Official Blog

Tag Archives: Economy

The Services Sector – Driving Growth
July 1, 2015 , by admin2
image Nearly two thirds of GDP by 2015 will be services. The new economic model for Malaysia places emphasis on raising the productivity level of workers to help them earn higher incomes as well as raising the country’s income status as a whole from middle to high. When the new economic model is unveiled, necessary changes and realignment to policies and strategies outlined in the IMP3 will have to be made. These include changes to macro-frameworks and to inject the elements of innovation and creativity into the development strategies. The target has been set; the contribution of the services sector is to increase to 60 per cent of the GDP by 2015. We want to hear your feedback…
Read More
Sesi Dialog Bersama Usahawan Bumiputera Sarawak
July 1, 2015 , by admin2
YB Dato’ Jacob Dungau Sagan Mempengerusikan Sessi Dialog  
YB Dato’ Jacob Dungau Sagan, Timbalan Menteri Perdagangan Antarabangsa dan Industri telah mempengerusikan satu sesi dialog bersama usahawan bumiputera Sarawak bertempat di Dewan Kenyalang, MPC Sarawak. Majlis ini bertujuan untuk mendapatkan pandangan dan maklumbalas mengenai idea-idea innovatif dan kreatif yang boleh menyumbang kepada aktiviti ekonomi masyarakat Bumiputera. Hasil daripada sesi dialog ini akan dibentangkan ke Majlis Penasihat Ekonomi Negara (MAPEN) yang kini sedang menggubal pelan pembangunan ekonomi dikenali sebagai ‘New Economic Model For Advanced Economy’.Dialog sebegini akan membolehkan Kerajaan, khususnya MITI, mendapatkan maklumbalas secara langsung, terus dan tepat tentang segala masalah dan isu-isu semasa yang dihadapi oleh masyarakat usahawan Bumiputera di Sarawak. Ini menunjukkan kesungguhan, keprihatinan dan komitmen kerajaan melalui MITI terhadap usaha-usaha membangunkan bumiputera dalam konteks pembangunan usahawan seterusnya mewujudkan...
Read More
Indian High Commissioner to Malaysia Made a Courtesy Call on YB Minister
July 1, 2015 , by admin2
image  
Indian High Commissioner to Malaysia, H.E. Vijay Gokhale made a courtesy call on YB Minister, Dato’ Sri Mustapa Mohamed at his office. The High Commissioner was accompanied by Mr. B.N. Reddy, the Economic and Education Counsellor of India. Read More
Courtesy Call from the German Ambassador
July 1, 2015 , by admin2
 
german23feb2010
YB Minister, Dato’ Sri Mustapa Mohamed received a courtesy call from German Ambassador, H.E. Dr. Guenter Georg Gruber and Dr Ernst Roeder-Messell, Counsellor for Economic, Commercial and Environmental Affairs Germany at his office.
Read More
National Domestic Investments Dialogue & Seminar
July 1, 2015 , by admin2
 
National Domestic Investments Dialogue & Seminar
 
YB Minister presents his Keynote Address at the National Domestic Investments Dialogue & Seminar organised by MIDA and SME Corp. at Berjaya Times Square, Kuala Lumpur. The Dialogue & Seminar was well received with participants coming from all over the country.
Read More
2009 Figures
June 29, 2015 , by admin2
Total trade for 2009, the bulk of which went to North east Asia and ASEAN reached the RM988.2billion mark. Exports were valued at RM 553.3 billion. Total investments approved for the year in the manufacturing sector came to RM32.6 billion. This exceeded the RM27.5 billion target set under the Third Industrial Master Plan. Foreign investments garnered RM22.1billion while domestic investment raked in the rest. Total trade in services for the most part of 2009 amounted to RM141.8 billion, with exports accounting for RM72.7 billion and imports RM69.1 billion. Total investments of RM208.3 billion were approved in the services sector from 2006 – 2009 with domestic investment this time comprising 88% and foreign investment 12%. View the  media release of YB Minister’s session with foreign Ambassadors, High Commissioners and Trade Counsellors.
Read More
Soon to be Unveiled….the New Economic Model
June 29, 2015 , by admin2

The much anticipated New Economic Model, to be launched at the end of the month by the Prime Minister will focus on the services sector. The plan is to increase its contribution to the GDP to 60% by 2015. How will this be done ?

The first of many steps include:

  • Liberalising the services sector
  • Strengthening the capacity and capability of local service providers
  • Raising the skills levels of Malaysian workers
  • Creating a conducive business environment for investors
  • Reviewing domestic regulations that hinder investments
  • Assisting export ready Malaysian companies to break into foreign markets

Ultimately, all sectors will need to work in tandem. Together, we can work towards reducing our dependence on low skilled labour and building more technology-intensive businesses that create greater value-added products.

All this will put Malaysia on course to achieving high income nation status.

Read More
image 70079 Views

MITI Plays a Big Role in Spearheading the Economic Transformation Programme
June 29, 2015 , by admin2
 
MITI's Monthly Assembly On 6 April 2010
YB Dato’ Sri Mustapa Mohamed stressed the pivotal role of MITI in realising the Government’s aspiration to shift the nation towards high-income, knowledge-based economy at MITI’s monthly assembly today. Also present were YB Dato’ Jacob Dungau Sagan, Deputy Minister (Industry) and Y.Bhg. Tan Sri Abdul Rahman Mamat, Secretary General of MITI. He said that MITI, being the Ministry in-charge of the development of the manufacturing and services sectors, is responsible for at least 80% of the country’s Gross Domestic Product (GDP). “The GDP comprises 30% output from manufacturing and 50% services; therefore 80% of the GDP depends on the efficiency of MITI and agencies’ personnel in carrying out their duties and formulating the right policies for industry and trade to grow” said the Minister. YB Dato’ Sri Mustapa also stressed the importance of MITI officers acquiring the necessary knowledge and skills, including writing, communication and negotiation; in order...
Read More
Malaysia is One of the Top 10 Most Competitive Countries in the World !
June 29, 2015 , by admin2
The 2010 World Competitiveness Yearbook by the International Institute for Management Development, IMD , ranked Malaysia as one of the top 10 most competitive countries in the world !   Check these figures out… For the first time Malaysia has been ranked in the top ten most competitive countries in the world. Malaysia’s strengthened position rests largely on significant improvements in Government and Business Efficiency ratings : Government Efficiency  :  10 ranks up to the 9 th , from the 19th Business Efficiency       :    9 places up to the 4 th , from the 13 th   Among middle-income countries, with GDP per capita under US$20k, Malaysia ranks second only to Taiwan . The top ten includes Singapore, Hong Kong, the United States, Switzerland, Australia, Sweden, Canada and Norway.   In terms of Economic Performance , Malaysia received particularly strong ratings around: Low long-term unemployment (ranked 4 th ), Strong exports as a percentage of GDP...
Read More
MITI Minister on BBC News Asia
June 29, 2015 , by admin2
Malaysia’s International Trade and Industry Minister, YB Dato’ Sri Mustapa Mohamed speaks about the robustness of the Malaysian economy on Asia Business Report, BBC World News, May 2010…  
  Read More

Type Your Search Here

Blog Category
icon No announcement for today.

A PHP Error was encountered

Severity: Warning

Message: count(): Parameter must be an array or an object that implements Countable

Filename: libraries/Blogs_plugin.php

Line Number: 330

Tags

4PU ACEAN AEC AFAS AFTA AKI APEC ARBC ASEAN ASEAN Business Advisory Council (ABAC) ASEAN Regional Business Council ASEAN- India FTA ASEAN-India FTA AirAsia Alternative medicine Andrew Robb Anti- Dumping Anugerah Kecemerlangan Industri Apollo Hospitals Apparels Apps Store Asean Economic Community Asean Framework Agreement on Services Asian Development Bank Australian Minister for Trade and Investment Automotive Industry Axiata BDO BNM Babar Ali Khan Bangladesh Bank of China Bogor Goal Brazil Budgets Bumiputera CEO CEPT CHINA CIDB CIMB COO Caexpo Cement and Concrete Association (C&CA) Channel News Asia Chemical Company of Malaysian Berhad (CCM) Chile China China-ASEAN China-ASEAN FTA Confederation of Indian Industry Conference Construction Industry Development Board Consumers DIGI DOHA Dato' Seri Mustapha Mohamed Datuk Dr Rebecca Sta Maria Datuk Hamim Samuri Datuk Ir Hamim Samuri Datuk Jacob Datuk Mustapa Mohamed Datuk Naimun Ashakali Mohammad Datuk Seri Mustapa Mohamed Datuk Seri Mustapha Mohamed Datuk Seri Najib tun Razak Doha Development Agenda ELV Policy EPU ETP Economic Planning Unit Economic Policy Leaders programme Economic Transformation Program Economic Transformation Programme Economy Eelco Eksport Eksports Eports European Commission (EC) Events Export Exports FDI FOKEM FTA Federal Governmen Federation of Malaya Fiscal policy Committee (FPC) Food Forbes Foreign direct investments Foreign investments Forum Ekonomi Dunia GDP GE GST GTP Global Market Globecycle Goods and Services Tax Government Transformation Programme Groom Big HACCP-certified HDC HP Halal Halal Development Industry Halal Development Industry Corporation Halal Industry Development Corp Halal Ingredients Asia 2015 Hoekstra ICT IJM Corp Berhad IMD INSKEN INVESTMENT MISSION IPI IT Import Imports India Indian Commerce and Industry minister Nirmala Sitharaman Industries Industry Information and Communication Technology (ICT) Infrastructure Development Finance Company Institute for Management Development International Trade and Industry InvestKL Investents Investment Investments Jabatan Kemajuan Islam Malaysia Jakim Jeli Jepun Jom Masuk IPT (KPTN 2015) KELANTAN KSU Karnival Karnival Pendidikan Tinggi Negara Khazanah Nasional Khazanah Nasional Bhd Kulim Hi-Tech Park LIMA LIMA'15 LNG Laporan World Competitiveness Yearbook (WYC) Lawatan Lembaga Pembangunan Industri Malaysia Lexus MAI MATRADE MAlaysian Economy MGCC MIDA MITC MITI MITI Deputy Secretary-General MITI Report MITI Weekly Bulletin MITI Weekly Bulletin trade MITI report MITI weekly Bulletin MITI] MNC MOF MPC MTFTA Malaysia Malaysia Airports Holdings Berhad Malaysia Automotive Institute Malaysia Economy Malaysia Entrepreneurship Forum 2015 (MEF) Malaysia External Trade Development Corp Malaysia External Trade Development Corporation Malaysia International Halal Showcase Malaysia-China Trade Malaysia-India Comprehensive Economic Cooperation Agreement Malaysian Airlines Bhd Malaysian Economy Malaysian Industrial Development Finance Bhd Malaysian Palm Oil Board Malaysian Report Malaysian Standards Malaysian economy Malaysian pavilion Manufacturing Manufacturing Industry Maybank Media Release Menteri Perdagangan Antarabangsa dan Industri Microsoft Mid Tier Companies Development Programme Minister of Commerce of China Gao yan Minister of International Trade and Industry Ministry of Finance Ministry of International Trade and Industry Miti Miti Report Miti Weekly Bulletin MyASEAN Internship Programme NAP NAP review National Automotive Policy Nestle Networking OIC OIC-Asia Trade and Economic Forum 2015 Organisation of Islamic Cooperation P Ravindran PEMANDU PEMUDAH PKS PLKN PPD Pameran Maritime dan Aeroangkasa Antarabangsa Langkawi 2015 Parts and Components Pembangunan Industri Halal Sdn Bhd Pengurusan Prestasi dan Pelaksanaan (PEMANDU) Perbadanan Perbadanan Pembangunan Industri Halal Sdn Bhd Perbadanan Pembangunan Perdagangan Luar Malaysia Performance Management and Delivery Unit Perjanjian Perdagangan Bebas Perusahaan Kecil dan Sederhana Petronas Play Store Policy Perspective Preferential Tariff Rate Program Pembiayaan Usahawan Wanita Program Transformasi Ekonomi Pusat Dagangan Antarabangsa Melaka Pusat Transformaasi Luar Bandar (RTC) Quality R&D RCEP ROO Ranhill Regional Comprehensive Economic Partnership Road Sectors Royal Vopak Russia SCE SDSI SIRIM SIRIM QAS International Sdn Bhd SME Bank SME CORP SME Corp SME corp Malaysia SMECorp SMEs SPS STA Sadguru Polymers Pvt Ltd & Triace Solution SapuraCreest Satu Daerah Satu Industri Securities Commision Service Industry Service Sector Service Sectors Service sector Service sectors Services Sector Services sector Shell Shell Malaysia Shell Malaysia Ltd(SML) Shell Refining Company Showcase Groom Big Sime Darby Singapore Corp Enterprise Small and Medium Scale Industries Sri Mustapa Mohamed Strategic Trade Bill Success Story Sunway Sunway Group THE 12th China-Asean Expo TM TOK BALI TPP TPP trade TPPA TTPA TV Show Tariff Elimination Temasek Foundation Tenaga Nasional Bhd's The 21th ASEAN Economic Ministers (AEM) The Economic Planning Unit (EPU) The Malaysian Investment Development Authority The New Global Context The World Trade Organisation (WTO Toyota Camry Trade Trade Figure Trade Performance Trade Review Trans Pacific Partnership Trans Pacific Partnerships Trans-Pacific Partnership Agreement UMW Corporation UMW Holdings Berhad UMW Toyota UNCTAD US Universiti Malaysia Kelantan (UMK) Untag Usahawan Bumiputera Vehicle End-of-Life Policy Voluntary Partnership Agreement (VPA) WCC WCY WEF WEP WHS WORLD ECONOMIC FORUM(WEF) EAST ASIA 2014 AND TRADE & INVEST WTO World Competitive Centre World Competitiveness Center (WCC) World Competitiveness Yearbook (WCY) World Economic Forum World Halal Conference 2015 World Halal Summit YB Dato' Sri Mustapa Mohamed ZICOlaw application auto automotive bangladesh bank negara malaysia bilateral relation biojisim biomass business business facilitataion business facilitation cars 15 years cement industry competitiiveness competitive competitiveness competitveness currency e&e economy education electrical electronics emerging market environment eport World Competitiveness Yearbook 2014 export exports felda food manufacturing fore foreign direct investments foreign trade forex free trade agreement green technology gross domestic product healthcare highway hong kong import imports india industries industry interest rates international standards investmen investment investments irAsia iron and steel japan jepun kdnk kelantan liberalisation logistic low carbon malaysia malaysian business manila manufacturing mecc metal sub-sector middle east mihas miti motor vehicles national green technology national timber policy non-Islamic nations non-tariff north africa packaging policy review portland cement proton public service delivery renminbi research and development retails road transport sales showcase small and medium enterprises small and medium enterprises (SMEs) sme sme corp sme corp malaysia sme master plan smi smidec syarikat berstatus multinasional tariff tax incentive textiles the Asociation of Southeast Asian Nations the electrical and electronics the government's 11th Malaysian Plan tnb tourism trade tradisional medicine tube programme usahaw value added visit wood wood-based products world economic forums