Miti Blog

Ministry of International Trade and Industry Malaysia Official Blog

Tag Archives: Export

APEC Needs To Grow Ecosystem To Support Enterprise Creation - Ahmad Maslan
October 15, 2015 , by admin2

KUALA LUMPUR, Sept 26 (Bernama) — The Asia-Pacific Economic Cooperation (APEC) needs to build an ecosystem that supports enterprise creation and improves the environment for innovation, as well as facilitates financial inclusion for start-ups, Deputy Minister of International Trade and Industry Datuk Ahmad Maslan said.

He said Malaysia recognises the vital role of micro, small and medium enterprises (MSMEs) in bringing new ideas to the market and fostering innovation.

Ahmad highlighted Malaysia’s initiatives for modernisation and automation of MSMEs, including focusing on the Soft Loan Scheme for Automation & Modernisation (SLSAM).

SLSAM seeks to encourage MSMEs in Malaysia to embrace automation and modernisation of their businesses.

“We further applaud the Philippines for putting the MSMEs at the forefront of its priorities this year, and we fully support the ‘APEC Iloilo Initiative’ which complements the ‘Boracay Action Agenda’ in promoting conducive policy,...

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Next round of industrial revolution
October 15, 2015 , by admin2

E-commerce is another avenue to grow businesses, and both Malaysian and Chinese SMEs are taking advantage of it.

THE 12th China-Asean Expo (Caexpo) in Nanning, Guangxi province concluded on Monday (Sept 21), after four days of trading and business matching.

A billboard near the venue advertised: “You are just one handshake away from the market of 1.9 billion people,” referring to the combined pop­u­lation of 1.3 billion from China and 620 million from 10 Asean cou­ntries.

The Malaysian pavilion was the busiest at the Caexpo.

Visitors thronged the hall for the food and beverages, health and wellness products, lifestyle products and other services offered by the exhibitors.

While goods changed hands and meetings between potential partners took place under the Jalur Gemilang hanging from the hall ceiling, small and medium enterprises (SMEs) were encouraged to give e-commerce a try.

International Trade and Industry Minister II Datuk Seri Ong Ka Chuan, who opened the...

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Malaysia Sasar Eksport Lebih Banyak Produk Pertanian Ke Turki
October 13, 2015 , by admin2

KUALA LUMPUR: Perbadanan Pembangunan Perdagangan Luar Malaysia (Matrade) menyasarkan untuk meningkat eksport barangan pertanian ke Turki tahun ini, diperkukuh oleh permintaan yang semakin meningkat ke atas buah-buahan tropika di negara itu.

Pesuruhjaya Perdagangan Matrade di Istanbul Idzham Abd Hamid berkata buah-buahan tropika seperti nanas, belimbing dan buah naga, mendapat permintaan tinggi di Turki.

Istanbul kini mengimport sebagaian besar buah-buahan tropika dari Belanda.

“Kita patut merebut peluang untuk mengeksport (lebih banyak) buah-buahan tropika kita ke negara itu,” katanya kepada pemberita di uar seminar Perjanjian Perdagangan Bebas (FTA) Malaysia-Turki, di sini, Rabu.

 

Eksport utama Malaysia ke Turki bagi tempoh Januari hingga Julai 2015 terdiri daripada barangan pertanian, dengan dagangan bagi segmen itu bernilai  RM386 juta, diikuti barangan pembuatan (RM1.2 bilion) dan barangan perlombongan  (RM3.3 juta).

Seminar bertema ‘Memanfaatkan FTA...

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Halal Ingredients Asia 2015 Set To Give Industry A Boost
October 13, 2015 , by admin2

KUALA LUMPUR, Sept 22 (Bernama) — Halal Ingredients Asia 2015, touted as Asia’s first event platform for halal food and personal care ingredients industry, opened its doors on Monday.

The three-day event represents the region’s best gathering and market place for halal ingredient professionals and industry players in providing thought leadership to further accelerate and enhance the development of the industry.

Halal Development Corp (HDC) Chief Executive Officer, Datuk Seri Jamil Bidin, said the event would focus on several components to give a whole new perspective and opportunities via a conference, exhibition and business-to-business (B2B) networking.

“It will also enhance opportunities for trade and investment as well as for local halal ingredient players to be exposed to international buyers,” he told the media on the sidelines of the event opened by Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi here.

Jamil said the manufacturers, distributors and...

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Mustapa: Asean on track for progressive trade liberalisation
October 13, 2015 , by admin2

Asean countries are on track for progressive liberalisation of trade within the region, covering 128 sub-sectors via the Asean Framework Agreement on Services (AFAS).

The liberalisation will boost the services sector’s contribution to the region’s gross domestic product (GDP) from the current 40% to 50%, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

He said AFAS will be a platform for services providers to take advantage of the market openings as well as to benefit from new ideas and processes arising out of the opening of the services sector.

Efforts has been put into concluding the AFAS 10th package by year-end to provide wider and better opportunities for members in tapping the benefits of the services sector,” he said in his opening address at the inaugural Asean Service Provider Confederation (ASPC) meeting yesterday.

His speech was read by Malaysia External Trade Development Corp (Matrade) CEO Datuk Dzulkifli Mahmud. Last year, Asean...

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MARKET TREND - MALAYSIA'S SEMI-CONDUCTOR DEVICES
July 7, 2015 , by admin2
In 2008, semi-conductor devices, being a major export product for the E&E industry, accounted for RM88.3 billion (34.8%) of total E&E exports valued at RM253.8 billion. Exports of semi-conductor devices for the period January to October 2009, totalled RM75.01 billion, compared with RM77.4 billion for the same period in 2008. Despite the reduction, export of semi-conductor devices still showed an upward trend for the period from January to October 2009. Exports of semi-conductor devices increased in October 2009 to RM9.4 billion, compared with RM8.7 billion and RM8.8 billion in September and August 2009 respectively. The increase in export performance during January to October 2009 was due to, among others, the increase of semi-conductor devices exported to China. As of October 2009, Malaysia’s exports of semi-conductor devices to China recorded an increase of 26.7% to RM20.4 billion, compared to RM16.1 billion during the corresponding period in 2008. Currently, China is...
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MALAYSIA's EFFORT ON STANDARDS
July 6, 2015 , by admin2
MITI takes proactive action to shelter consumers and industries interests Malaysian consumers and industries can expect better quality and safety products with the implementation of mandatory standards. The implementation of mandatory standards will ensure that only products of acceptable quality are imported or produced locally. The mandatory standards will ensure that products meet safety, health, and environment requirements which are aligned to international standards. Mandatory standards requirement provides a competitive edge to Malaysian exporters in the global arena, while protecting the interests of consumers in the local market. As of 31 March 2009, a total of 5,588 Malaysian Standards have been developed, out of which 3,101 standards are aligned with international standards and 173 standards have been made mandatory. The sectors in mandatory standards are 3 for iron and steel, 57 for electrical equipment and accessories, 38 for food and food products including...
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SOME NOTES ON FREE TRADE AGREEMENTS (FTAs)
July 6, 2015 , by admin2
Excerpts from YB Minister’s speech during MITI Dialogue 2009 MITI continues to negotiate FTAs to open markets for businesses. Malaysia has signed and implemented bilateral FTAs with Japan and Pakistan and recently concluded negotiations with New Zealand. Malaysia is also a party to five regional FTAs namely ASEAN-China, ASEAN-Korea, ASEAN-Japan, ASEAN-Australia-New Zealand and ASEAN-India. Currently, Malaysia is negotiating bilateral FTAs with the US, India, Chile and Australia, and the regional ASEAN-EU FTA. Malaysian companies should capitalise on the regional and bilateral FTAs to gain an edge over their competitors, particularly under these trying times. It should be worth noting that the number of certificates of origin issued by MITI to our exporters, under the preferential schemes of the five regional ASEAN FTAs and the ASEAN CEPT increased 13.0 per cent to 222,476 in 2008. The number of companies exporting under the various FTAs has also increased from 4,160 in 2007 to...
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Figures on Textile and Apparel Industry
July 6, 2015 , by admin2
The petrochemical and chemical industry is the second largest contributor to our total exports. For the period of January to May 2009, exports of petroleum products amounted to RM997.4 million, while imports reached RM381.6 million. For the chemicals and chemical product sub-sector, imports and exports totaled RM12.7 billion and RM12.3 billion respectively. During the first five months of 2009, total investments in petroleum products (including petrochemicals) totalled RM1.1 billion, while that for chemical and chemical products amounted to RM1.5 billion. The pharmaceutical industry, which is mostly dominated by SMEs, saw an increasing demand trend in the domestic market. The pharmaceutical industry productivity in 2008 grew by 11.6 per cent, while sales value expanded by 11 per cent to RM1.4 billion in 2008. This increase is due to demand from the domestic market, arising from better health awareness and ageing population. Manufacturers must continue to expand and upgrade their...
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WOOD AND WOOD-BASED SUB-SECTOR
July 6, 2015 , by admin2
For the first five months of 2009, exports of the wood and wood-based sub-sector, encompasses both wood and paper products, fell 19.3 per cent to RM5.3 billion compared to the corresponding period last year. This was a result of dampened demand from Malaysia’s major export markets, such as the USA and Europe. To streamline and improve the efficiency of the timber sub-sector, the government launched the National Timber Policy (NATIP) on 17 February 2009. Among its objectives, NATIP serves to ensure that the industry continues to enhance its competitiveness in the global marketplace. The Government continues to promote higher value-added downstream activities through the provision of special funding and grants. These support facilities assist Malaysian companies in setting up and expanding infrastructure facilities, R&D, training and streamlining procedures to facilitate increased production. The Malaysian government has also embarked on several initiatives to enhance market...
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