26 January 2012, Davos

Davos, 26 Jan – Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry, hosted a Malaysian breakfast dialogue for 20 global corporate, government and media leaders at the sidelines of the World Economic Forum 2012 in Davos. Tan Sri Azman Mokhtar, Managing Director of Khazanah Nasional, also spoke at the breakfast meeting. In his remarks, Dato’ Sri Mustapa Mohamed emphasised the attractiveness of Malaysia as a premier investment destination for foreign investors, particularly for companies that are of high technology and knowledge driven. He added that the conducive business environment of Malaysia has given birth to many globally competitive companies such as Petronas, Air Asia, Axiata, Maybank, CIMB and Integrated Healthcare Berhad. Mustapa stressed that Malaysia is going through a very exciting transformation which will make the country even more open for business. In spite of the emergence of regional and global companies...

 

 

The 16th Malaysia-Australia Joint Trade Committee (JTC) Meeting was held in Kuala Lumpur on 31 January 2012. The JTC Meeting was co-chaired by the Hon. Dato’ Sri Mustapa Mohamed, Malaysia’s Minister of International Trade and Industry, and the Hon. Dr. Craig Emerson MP, Minister for Trade Australia. Members of the Malaysia-Australia Business Council (MABC) and the Australia Malaysia Business Council (AMBC) also attended the meeting. The 16th JTC meeting discussed a number of issues ranging from Australia’s food labelling legislation, logging regulation and investment issues related to mining and resource processing as well as financial services. The meeting reviewed the progress of the ongoing close cooperation between Malaysia and Australia on customs matters, Islamic finance, clean energy and green technology as well as the automotive sector. In terms of new collaboration proposals, it was agreed that Malaysia and Australia to pursue cooperation in the areas...

This is an excerpt of the opening address delivered by International Trade and Industry Minister Datuk Seri Mustapa Mohamed at the United Kingdom & Eire Council of Malaysian Students’ Projek Amanat Negara Conference in London on Saturday WHEN  Datuk Seri Najib  Razak assumed office as the sixth prime minister, he recognised that the days of “business as usual” for the government of Malaysia were over. Malaysians were now expecting more from their government. They wanted higher standards of transparency and accountability, as well as better governance and efficiency. The government had to become more responsive to the people’s needs.Clearly, there was a need to redefine the role of government and how it carried out its responsibilities to meet the ever-increasing expectations. It must be said that Najib embodied this transformation in the way he went about his business. He immediately went about engaging the newly-resurgent social media by organising events based...

Passenger cars prices in Malaysia have always been perceived to be higher than those sold in the neighbouring ASEAN countries. “Undeniably, at a first glance of the sales prices comparisons of popular models the claim appeared to be true, except when compared to prices in Singapore, said Madani Sahari, CEO of the Malaysia Automotive Institute (MAI)” Madani further elaborated that MAI has done comparative analysis of these popular models within the ASEAN countries. The price of Honda City and Toyota Vios of the 1500cc segment sold in Thailand are the cheapest in ASEAN, lower by 40% on average of the sales price in Malaysia. Similarly, the prices of these two marques in Philippines, Indonesia and Vietnam are also lower by 32%, 2% and 1.8% on average respectively. Within the 1800 cc segment, the price of Honda Civic cheapest in Philippines, lower by 43%, while the prices of the model in Thailand and Vietnam are lower by 35% and 5% on average respectively. However, the price of...

ON Feb 26, International Trade and Industry Minister Datuk Seri Mustapa Mohamed will meet with his Asean counterparts in Nay Pyi Daw, Myanmar, to discuss regional economic issues. This will be the 18th session of the Asean Economic Ministers’ (AEM) meeting, and the fact that it is being held in Myanmar is of no special significance, given that it is the country’s rotational turn. Until now, that is. Events in Myanmar have unfolded so rapidly that this meeting in Myanmar’s new capital city has now assumed a much higher profile. Myanmar is on the verge of a new political and economic beginning. Trade and investment sanctions are coming down. National reconciliation dominates domestic politics. And the conditions for the commencement of economic reconstruction appear to be falling into place. All this is good news. Myanmar is a country full of promise. It has vast reserves of natural resources and its people are hardworking and capable....

The Deputy Minister of International Trade and Industry, Y.B. Dato’ Mukhriz Mahathir is leading a Trade and Investment Mission to Kyoto and Nagoya, Japan from 23-25 April 2012. The Deputy Minister accompanied by Government Officials, State Government Representatives and a business delegation. The objectives of the mission are to follow up to the Trade and Investment Mission to Japan in July 2011 and Working Visit to Japan on 11-15 December 2011; promote Malaysia as the preferred investment destination in South East Asia; and firm-up business collaboration opportunities in sectors such as green technology, high-tech capital industry, biotechnology, advanced electronics and automotive industry . P rogrammes arranged for the mission include meetings with Japanese companies, Business Seminars and factory visits. The Deputy Minister will also be leading Malaysia at the ASEAN Economic Ministers’ Roadshow to Japan which will be held from 25-28 April 2012 in Sendai and Tokyo, Japan. The...

By Datuk Mustapa Mohamed

 

The Ministry of International Trade and Industry (MITI) has recently been made aware of the fact that an unknown party has been holding itself out as a government agent to purchase products for the Ministry. In a specific case, a company introduced itself as “a government licensed sourcing agent” and said it was looking for a reliable manufacturer/supplier of hot stamping machine to supply hot stamping machine to MITI for its “on-going development projects”. MITI would like to advise that this is a scam and no such agent has been appointed by the Ministry. The public is advised to exercise due diligence when evaluating any such proposals received through email.

PERMULAAN PENYIASATAN ANTI-LAMBAKAN MENGENAI IMPORT ROD DAWAI KELULI YANG BERASAL ATAU DIEKSPORT DARI CHINESE TAIPEI, REPUBLIK RAKYAT CHINA, REPUBLIK INDONESIA, REPUBLIK KOREA DAN REPUBLIK TURKI Kerajaan Malaysia telah menerima satu petisyen daripada pengeluar tempatan bagi mengenakan duti anti-lambakan ke atas pengimportan rod dawai keluli. Pempetisyen mendakwa rod dawai keluli yang diimport dari Chinese Taipei, Republik Rakyat China, Republik Indonesia, Republik Korea dan Republik Turki di bawa masuk ke Malaysia dengan harga yang lebih rendah daripada yang dijual di pasaran domestik negara-negara tersebut. Pempetisyen mendakwa lambakan import telah menyebabkan kemudaratan material kepada industri tempatan di Malaysia. Pempetisyen mendakwa bahawa import dari negara-negara tersebut telah meningkat dari segi jumlah kuantiti mutlak. Akibatnya, pempetisyen telah mengalami kemudaratan melalui kesan lambakan, antara lain, pemotongan harga, penyekatan harga,...

 

KENYATAAN AKHBAR

Penentuan Awal Anti-Lambakan Mengenai Import Filem-Filem Biaxially Oriented Polypropylene Yang Berasal Atau Dieksport Dari Chinese Taipei, Thailand, Republik Rakyat China, Republik Indonesia Dan Republik Sosialis Vietnam Kerajaan Malaysia telah memulakan penyiasatan kes anti-lambakan pada 27 Julai 2012 berikutan daripada satu petisyen yang dikemukakan oleh San Miguel Yamamura Plastic Films Sdn. Bhd. yang mewakili industri tempatan yang mengeluarkan produk filem-filem biaxially oriented polypropylene (BOPP). Pempetisyen mendakwa pengimportan BOPP yang berasal atau dieksport dari Chinese Taipei, Thailand, Republik Rakyat China, Republik Indonesia dan Republik Sosialis Viet Nam dibawa masuk ke Malaysia dengan harga yang lebih rendah daripada yang dijual di pasaran domestik negara-negara tersebut. Pempetisyen mendakwa ini telah menyebabkan kemudaratan material kepada industri tempatan di Malaysia. Kerajaan telah selesai menjalankan penyiasatan awal seperti...