KUALA LUMPUR, March 17 (Bernama) — Malaysian companies achieved RM52.75 million sales at the FOODEX Japan Trade Fair held in Makuhari Messe in Chiba, the Malaysia External Trade Development Corporation (Matrade) said Monday. Matrade said confectionery products contributed 38.14 per cent of the total sales, followed by beverages products (30.13 per cent) and food ingredients (14.26 per cent). Malaysia’s national pavilion, comprising 24 Malaysian companies, received 1,790 trade enquiries from importers, distributors and procurement centres from Japan, China and South Korea throughout the four-day fair from March 4, the national trade promotion agency said in a statement. Matrade Tokyo Trade Commissioner Kua Kiat Chye said Malaysian food and beverages products are widely accepted in Japan due to its assurance on standard and quality. He said Malaysian companies should also consider opportunities in Japan’s hospitality sector to meet the growing demand of Muslim tourists from...

KUALA LUMPUR, March 29 (Bernama) — The Tunas Usahawan Belia Bumiputera (TUBE) programme is expected to begin in July, said SME Corp Malaysia Chief Executive Officer Datuk Habsah Hashim. Prime Minister Datuk Seri Najib Tun Razak Saturday announced the allocation of RM10 million for the programme, which is aimed at helping young Bumiputeras to start a business. Habsah said the programme is still at the discussion stage, and expressed hope that the plans could be finalised soon. TUBE is managed by SME Corp and the International Trade and Industry Ministry (MITI), and involves three phases before the participants are given a RM15,000 launching grant. Habsah said the first phase is about character building through physical and mental training, while phase two is a workshop on business fundamentals and the final phase covers business implementation. “We will start the programme when the funds are received and after the completion of discussions with the National Service Training...

YB MENTERI’S SESSION WITH FOREIGN MISSIONS AND BUSINESS COUNCILS 20 MARCH 2014 YB Dato ‘ Sri Mustapa Mohamed, Minister of International Trade and Industry hosted a special Session with Foreign Missions and Business Councils on 20th March 2014 at the MATRADE Exhibition & Convention Centre. This is the 5th year MITI is organizing such a Session. It is part of MITI’s regular and continuous engagements with foreign missions and the international business communities based in Malaysia to provide updates on Malaysia’s Economic Outlook, trade and investment developments and MITI’s strategic priorities. This year’s Session included a Panel Discussion where some Ambassadors and Business Councils were invited to share their views and perspectives on the global economic outlook for 2014 as well as to seek views and ideas on how MITI can be more effective in improving and enhancing bilateral economic relations. A total of 200 officials comprising Ambassadors/High Commissioners,...

INITIATION OF ANTI-DUMPING INVESTIGATION CONCERNING IMPORTS OF HOT-ROLLED COILS (HRC), CHEQUERED COILS AND PICKLED & OILED COILS (P&O COILS) ORIGINATING IN OR EXPORTED FROM THE PEOPLE’S REPUBLIC OF CHINA, THE REPUBLIC OF INDONESIA AND THE REPUBLIC OF KOREA On 20 May 2014, the Government of Malaysia received a petition from a domestic producer requesting an imposition of anti-dumping duty on imports of HRC, Chequered Coils and P&O Coils. The petitioner alleges that imports of HRC, Chequered Coils and P&O Coils originating in or exported from the People’s Republic of China, the Republic of Indonesia and the Republic of Korea are being dumped into Malaysia at a price much lower than the price in the domestic market of the alleged countries. The petitioner claims that this has caused material injury to the domestic industry in Malaysia. The petitioner further claims that the imports from the alleged countries have increased in terms of absolute quantity.  As a result, the...

“Selama lebih dari satu dekade, MIHAS menjadi program unggulan Malaysia untuk promosi internasional dari industri halal. Faktanya MIHAS sudah menghasilkan penjualan bernilai lebih dari $3 milyar,” ucap Mustapa Mohamed, Menteri Perdagangan Internasional dan Industri Malaysia (MITI), pada upacara pembukaan WHS (01/04). Bertempat di Exhibition Halls 1-6, Ground Floor, Kuala Lumpur Convention Centre, MIHAS 2015 berlangsung dari 1-4 April. MIHAS tahun ini berisi 590 booth dari berbagai negara. Sekitar 60 persen peserta pameran berasal dari Malaysia dan 40 persen bisnis internasional dari 20 negara. Indonesia, Saudi Arabia, Iran, Moroko, Bangladesh, Tunisia, dan Turki termasuk negara yang berpartisipasi dalam MIHAS 2015. Ada juga 12 negara diluarOrganisation of Islamic Cooperation (OIC) seperti Jepang, Taiwan, Korea Selatan, Tiongkok, Prancis, Belanda, Singapura, dan Amerika Serikat. Beragam produk halal dapat ditemui di MIHAS. Antara lain produk makanan olahan, bumbu masak,...