The Malaysia Automotive Institute (MAI) which was launched yesterday, 10 June 2010, will serve as a focal point and coordination centre for the development of the local automotive industry. The institute was established based on the recommendations outlaid in theThird Industrial Master Plan (IMP3) 2006-2020 to assist and further enhance MITI’s support in developing the local industry. It would be a coordination centre for all matters related to automotive industry, including : formulating national automotive policy, managing manpower development programme,  formulating and coordinating automotive related research and development. An independent non-profit organisation under MITI’s custodianship, MAI will have more focused and streamlined activities proposed for it under the 10th Malaysia Plan. MAI will focus on strategic research, with sub-functions covering market intelligence and outreach and capacity building that encompasses technology...

MITI through its agency, MIDA, has successfully drawn potential investments worth more than RM 10 billion in Q1 of 2010. MIDA’s investment missions have succeeded in procuring and negotiating for investments from countries across continents and new investments are currently in the process of negotiation. Major areas of interest are in the: Solar Industry MIDA and US and China-based solar specialist companies negotiate for potential investments valued at an estimated RM 5 billion. Manufacturing & Engineering Support (MES) Industry Potential investments are targeted for the oil well completion equipments and umbillicals (diversification projects). Transport Industry Interest to invest in projects on MRO composite repair, MRO for aircraft components, seats for aerospace industry and aircraft machine parts. The strong interest is attributed to MIDA’s: 

MITI mensasarkan seramai 20 pengeksport Bumiputera dilahirkan setiap tahun menerusi program GroomBig. Pada masa ini, seramai 1,040 usahawan GroomBig sedang dibimbing oleh MITI. GroomBig atau Program Peningkatan Kualiti Produk dan Perkhidmatan ini telah diberi nafas baru dengan lebih banyak program peringkat lebih tinggi diatur untuk membantu usahawan yang dikenal pasti memasuki pasaran eksport. Sebahagian barangan dihasilkan sudah memasuki pasaran luar negara menerusi kerjasama yang dijalinkan bersama beberapa syarikat perdagangan dan pemasaran di seluruh dunia. Antara syarikat rakan perdagangan MITI termasuk yang berada di Filipina, Dubai, Ireland, Vietnam, Kemboja, dan Britain. Melalui kerjasama strategik ini, barangan usahawan yang dibimbing melalui program GroomBig ini mampu menembusi pasaran negara berkenaan. Usahawan-usahawan GroomBig akan diberi pendedahan dari segi kemudahan khidmat nasihat, kursus dan khidmat rundingan perniagaan dalam pelbagai...

Malaysia’s overall exports under the FTA preferential schemes during the first quarter 2010 have shown improvement. On 1 January 2010 Malaysia implemented ASEAN-India Free Trade Area (AIFTA) and ASEAN-Australia and New Zealand Free Trade Area (AANZFTA). During the first quarter of 2010, Malaysia issued a total of 76,929 preferential COs with exports valued at RM22 billion to ASEAN Member States, People’s Republic of China, Republic of Korea, Japan, Pakistan, India, Australia and New Zealand, registering an increase of 43.9% in the number of preferential COs and 53.2% in FOB value compared with the corresponding period of 2009. With a total FOB value of RM8.5 billion, Malaysia’s exports under AFTA recorded the highest value among the eight FTA preferential schemes in 2010. It was followed by AKFTA (RM6.2 billion), ACFTA (RM3.1 billion), MJEPA (RM1.9 billion), MPCEPA (RM1.3 billion), AJCEP (RM473 million), AANZFTA (RM365 million) and AIFTA (RM252 million). The overall export...

Malaysia felt the impact of the global financial crisis, but through sound policy and hard work began to emerge from the crisis at the end of 2009 The world economy in 2009 underwent a major financial crisis. While the U.S., Europe and Japan were hardest hit, Malaysia did not escape economic contraction, but it was among the first countries to show signs of recovery due to the Government’s timely stimulus measures and sound fiscal policy.  The U.S. experienced a 2.4% contraction in real GDP, Europe’s economy shrunk by 4.1% and Japan saw a 5.2% contraction.  World total merchandise trade was down 23% in 2009, and total commercial services trade declines by 14%.  ASEAN saw slower GDP growth of 1.3% in 2009, compared with 4.4% growth in 2008. Malaysia’s economy shrunk in the first three quarters of 2009, but grew by 4.4% in the last three months of the year. Malaysia’s trading volume fell in 2009, in line with the global slowdown, but experienced much smaller...

MITI dengan kerjasama Kerajaan Negeri Sembilan akan menganjurkan program Showcase SDSI 2010 Peringkat Zon Tengah seperti berikut: Tarikh    : 26 – 27 Jun 2010 (Sabtu - Ahad) Tempat : Kompleks Belia dan Sukan, Paroi, Seremban, Negeri Sembilan Masa       : 10.00 pagi - 10.00 malam Showcase SDSI yang mula diperkenalkan pada tahun 2006 merupakan pameran tahunan terbesar di peringkat nasional yang menghimpunkan produk/perkhidmatan SDSI dari seluruh Malaysia dalam usaha untuk memasar dan mempromosikan keluaran SDSI. Penganjuran Showcase SDSI kini diperluaskan ke peringkat zon mulai tahun 2010. Objektif program adalah untuk: Membantu dan memudahkan pemasaran produk/perkhidmatan usahawan yang berkualiti;  Meningkatkan imej produk/perkhidmatan tempatan, khususnya SDSI;  Memberi pendedahan kepada umum bahawa keluaran SDSI adalah berpotensi dan berkualiti; Mewujudkan dan memperluaskan rantaian perniagaan dan networking di antara usahawan dengan pembeli...

Kindly take note that the United States Food and Drug Administration (USFDA) will come to Malaysia for inspection mission on 19-30 July 2010 to ascertain compliance of aquaculture fishery products with USFDA requirements by Malaysian exporters to the United States (US) market. The purpose of the mission is to better understand and evaluate antibiotics and chemicals application regulatory system in aquaculture production in Malaysia, and the food safety controls that Malaysia has in place to ensure that fishery products exported to the US market are safe for human consumption. The mission will involve the inspection of facilities along the entire aquaculture fishery product supply chain for the US market which include the fishery processing establishments, aquaculture farms, traders/middlemen, retail and wholesale suppliers of veterinary drugs and feed used in the farms. All exporters of aquaculture fishery products to the US need to ensure compliance with the USFDA requirements...

YAB Dato’ Sri Mohd Najib Tun Abdul Razak, the Prime Minister of Malaysia officiated the International Halal Showcase (MIHAS) 2010 on 23 June at MATRADE in Kuala Lumpur. More than 1,000 delegates including foreign dignitaries, trade buyers, exhibitors, trade association representatives and international visitors attended the opening ceremony. In his speech, the Prime Minister announced the launch of two new halal standards, namely, Standards on Halal Cosmetics, MS 2200:2008; and Standards on Halal logistics, MS 2400:2010, which marked another milestone for Malaysia in the development of halal benchmarking. Earlier during the ceremony, YB Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry gave the opening remarks. He noted that the composition of products exhibited in MIHAS has developed over the years, branching out from mainly food to cosmetics; toiletries; pharmaceuticals; food packaging and machinery; logistics;...

MITI dengan kerjasama Kerajaan Negeri Sarawak akan menganjurkan program Showcase SDSI 2010 Peringkat Zon Sarawak seperti berikut: Tarikh        2-4 Julai 2010 (Jumaat -  Ahad) Tempat       Dewan Undangan Negeri (DUN) Lama, Petra Jaya, KuchingMasa              10.00 pagi - 10.00 malam Perasmian Disempurnakan oleh YAB Pehin Sri Haji Abdul Taib bin  Mahmud Ketua Menteri Sarawak  2 Julai 2010 (Jumaat), 3.00 pm Pengisian program adalah berdasarkan konsep penganjuran Showcase SDSI peringkat nasional iaitu: Pameran dan jualan (lebih 100 booth usahawan dari Sarawak);  Seminar keusahawanan;  Bicara tokoh oleh usahawan berjaya;  Business matching;  Khidmat nasihat dan perundingan perniagaan secara percuma;  Promosi dan jualan makanan popular dari setiap Bahagian di negeri Sarawak– Menu Malaysia;  Pelbagai aktiviti menarik seperti persembahan kebudayaan, peragaan fesyen, cabutan bertuah, demonstrasi masakan, pertandingan karaoke dan banyak...