MITI and its agencies will intensify trade diversification efforts into non-traditional markets and promote investments in new growth areas including renewable energy industry, which are high value-added and technology-intensive. These include new trade and investment promotion strategies including to the new and emerging economies of Brazil, Russia, India and China. A total of 10 Trade and Investment Missions and 25 Specific Project Missions have been planned for 2009.

 

 

YB Minister, Dato’ Sri Mustapa Mohamed received a courtesy call from German Ambassador, H.E. Dr. Guenter Georg Gruber and Dr Ernst Roeder-Messell, Counsellor for Economic, Commercial and Environmental Affairs Germany at his office.

This afternoon, I had a very successful meeting with my Indian counterpart, the Hon. Minister Anand Sharma, in New Delhi . We discussed the progress of bilateral negotiations to ensure that we are on track to conclude the Malaysia-India Comprehensive Economic Cooperation Agreement as agreed by our Prime Ministers during Dato’ Seri Mohd Najib’s visit in January 2010. Earlier, I met with business leaders representing the Confederation of Indian Industry to exchange views and update them on some measures that Malaysia has taken in response to the issues they raised previously including matters on ease of doing business and visas for Indian expatriates. In between, I also took some time to meet with members of the Malaysian community in New Delhi . I joined the Malaysian Muslim brothers for Friday prayers at the Indonesian Embassy and later in the evening, met the business community for dinner. I am happy to see that they enjoy the highest level of...

 

 

 

India’s economy with her growing middle class of 250 million is expected to grow at no less than 8% annually over the next decade. This spells opportunities for Malaysian businesses especially in ICT, healthcare, infrastructure, food products and services. We continue to maintain good bilateral relations and have a proven track record of operating in India. We encourage more businesses to take advantage of this! During my recent official trip, 18 MoUs were signed between Malaysian and Indian companies. The potential value of investments is estimated at RM1.6 billion. This signals the first steps toward collaboration in key areas which include biotech engineering, petrochemical engineering and aerospace engineering. However, signing on the dotted line is only the start and initiatives must be seen through. Here is where MITI becomes the watchdog and will monitor the progress of these MoUs. Toward this end, MITI has started a...

“ The average shopper now has a choice previously not available to them; today you will find several products many of which have a comfortable spot in most Malaysian supermarkets. This degree of choice is commonplace and to some extent expected for most: in one grocery run, you can pick up cheeses from Australia as well as sayur bayam from a local producer and get the best value for money. With this in mind, free trade agreements (FTAs) often do not receive the attention that they deserve .”  

Highlights of the MITI Weekly Bulletin, Vol. 119 include: MoU between Malaysia and the Republic of Korea on Origin Certification and Verification The Memorandum of Understanding (MoU) between the Government of Malaysia and the Republic of Korea on Governing Mutual Administrative Assistance and Cooperation in Origin Certification and Verification under the Agreement on Trade in Goods was signed on 15 November 2010. Malaysia-Korea will devise new strategies to double trade in the next few years. MIM-MPC Malaysian Management Capability Index 2010 The Malaysia Institute of Management - Malaysia Productivity Corporation (MIM-MPC) Malaysian Management Capability Index (MCI) 2010 Report was launched on 27 October 2010. The Study produced the overall index for Malaysian management capability and the index for the individual organisation’s management capability. Findings of the MCI 2010 Research Study suggest that Malaysians have fared well and are moving towards achieving...

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

 

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,...