Tag Archives: business
June 29, 2015 , by admin2
I led a delegation to Malaysian Steel Works (KL) Berhad, MASTEEL, in Bukit Raja, Klang on 14 April 2010. Also in the delegation to the steel plant was the Secretary General of MITI, Y.Bhg.Tan Sri Abdul Rahman Mamat. On hand to receive us at the factory, was the Managing Director cum Chief Executive officer of MASTEEL, Y.Bhg. Dato’ Seri Tai Hean Leng.
The company which produces billets and steel bars at an annual capacity of 450,000mt, exports its products to ASEAN, Bangladesh and Australia. Currently occupying 20 acres out of 200 acres of land acquired from Perbadanan Kemajuan Negeri Selangor (PKNS), MASTEEL is planning to diversify its production and invest RM300 million in wire rod and wire mesh manufacturing.
While exchanging views on the outlook of the iron and steel industry, I was delighted to note that the conducive domestic business environment has encouraged the company to expand its operations domestically.
Well done, MASTEEL !
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June 29, 2015 , by admin2
The Malaysia Services Exhibition 2010, the third of a series of service exhibition organised by MATRADE was officially opened in Dubai on 13 April 2010 by YB Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry of Malaysia and Her Highness Sheikha Lubna bint Khalid Al Qassimi, Minister of Foreign Trade, United Arab Emirates.
The 3-day event at Za’abeel Hall, Dubai International Convention and Exhibition Centre (DICEC), Dubai, functioned as a one stop centre to tap into the capabilities of Malaysia’s best service providers. Among the highlights of MSE 2010 were pre-arranged Business Networking sessions (International Partner Matchmaking), Malaysia Services Forum and Workshop on selected Malaysian services.
MSE 2010 also featured Malaysia’s excellence, reputation and capabilities in the rapidly growing green technology sector. In conjunction with this exhibition, a coffee table book, “Malaysia - Excellence and Capabilities in Green Technology” was...
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In a rapidly changing world, Malaysia holds its own…
With a vibrant economy that is progressing…
Through rapid industrialisation and transformation…
ENJOY THE VIDEO! Read MoreJune 29, 2015 , by admin2






June 29, 2015 , by admin2
Efficient service delivery is the mantra of the civil service these days. Many initiatives have been undertaken to facilitate business especially in enhancing delivery at just a fraction of the original duration and cost.
Thanks to the advent of technology - MITI has made it easier for businesses to access online services to certify, register, import and export their products. You can now
take advantage of benefits offered through various Free Trade Agreements (FTAs) and preferential schemes …
apply for Approved Permits (APs) …
gain access to information on international trade fairs, trade & investment missions…
identify suitable joint -venture partners and get business news heads-up…
from anywhere, anytime …..and the list goes on…………….!
It cannot be denied that the public service delivery has been enhanced with the advent of technology – read more on the views of the Secretary General of MITI on Improving Service Delivery via Online Tools.
Read MoreJune 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...
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During a meeting with Steve Ballmer, the CEO of Microsoft on 25 May 2010, MITI Minister agreed to explore the formation of a Joint Task Force to complement ongoing efforts to increase the level of technology adoption among small and medium-sized enterprises (SMEs) in Malaysia.“I am pleased that Mr. Ballmer and Microsoft have taken this initiative to work with us. I believe that this joint task force will serve as an important component of our broader efforts to improve Malaysia’s productivity and competitiveness in order to improve the standard of living for all Malaysians.” Said YB Dato’ Sri Mustapa Mohamed.
The scope of the Joint Task Force will include training programmes and outreach activities, among others. One of the focal points of the Task Force will be to create a conducive environment in Malaysia for spreading cloud computing - a technology that makes business computing capabilities available to usersat minimal upfront costs over...
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We at MITI strongly support and eagerly await the upcoming 13th Annual SME Innovation Showcase SMIDEX 2010, organised by SME Corp. This year’s theme “Pioneering Business Transformation through Innovation” is in line with the New Economic Model (NEM)’s approach of holistic development and growth- ultimately growing from small companies into those with the potential to break into global markets.
The showcase aims to promote innovative products and services in developing competitive and resilient SMEs in Malaysia, focusing on four exciting areas:
Innovation in Technology
Innovation in Packaging & Design
Green Technology & Energy Efficiency
Halal Products and Services
Regarded as one of the premier and most reputable business “one stop” events for SMEs to network and market their innovative products and services among SMEs, large companies and MNCs, SMEs can now explore new market opportunities and technologies to better enhance their capacity and enterprise. The...
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Para peniaga kecil dan sederhana (PKS) tidak perlu risau dengan penukaran bantuan Kerajaan daripada pemberian geran kepada pinjaman mudah kerana pelbagai pendekatan baru akan diperkenalkan oleh Kerajaan bagi membantu para peniaga. Demikian penjelasan Timbalan Menteri Perdagangan Antarabangsa dan Industri, YB Dato’ Mukhriz Tun Mahathir mengenai perkara tersebut.
Pemansuhan bantuan geran bagi membantu PKS dengan digantikan dengan skim pinjaman mudah diumumkan oleh YAB Perdana Menteri semasa majlis perasmian SMIDEX 2010 baru-baru ini. Skim pinjaman mudah ini antara lain akan membentuk kredibiliti yang lebih tinggi di kalangan PKS selain membuka lebih banyak peluang kepada syarikat-syarikat PKS menikmati skim pinjaman tersebut.
Teks ucapan YAB Perdana Menteri pada majlis perasmian SMIDEX 2010 telah dibacakan oleh Menteri MITI, YB Dato’ Sri Mustapa Mohamed.
Read MoreJune 29, 2015 , by admin2
The demand for halal food in Russia is growing partly attributed to the large Muslim population, estimated in the region of 25 million or 18% of Russia’s 140 million people. Moscow city itself has the largest Muslim population amongst the European cities with 2 million people.
There is vast opportunity for Malaysian companies to export halal products and services to Russia and CIS countries in view of the growing Muslim population. In 2009, the Russian Federal Agency for Technical Regulation and Metrology registered a halal System which identifies the compliance of food products and medicines within Islamic law and principles. Furthermore, under the platform of Russia Mufties Council, a group of independent experts established a working group to facilitate the development and implementation of Islamic financial services in Russia. As a result of that, in February 2010, the Russian Association of Islamic Financing Experts (RAIFE) was formed.
In the last few years, there had been...
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