Miti Blog

Ministry of International Trade and Industry Malaysia Official Blog

Tag Archives: exports

Malaysia’s total trade up 5.9 per cent to RM1.5 trillion
June 15, 2015 , by admin2
Malaysia’s total trade went up by 5.9 per cent to RM1.5 trillion last year from RM1.4 trillion in 2013. Deputy prime minister Tan Sri Muhyiddin Yassin said the export value increased by 6.4 per cent from RM46.1 billion to RM766.1 billion, while import value also increased by 5.3 per cent from RM34.3 billion to RM683 billion. “Strong export growth has contributed to the trade surplus for 17th consecutive year. The trade surplus for 2014 indicated an increase of 16.6 per cent, an improvement compared to negative growth (-22.8 per cent) recorded in 2012 and (-25.7 per cent) in 2013. “The manufacturing sector has contributed RM587.3 billion, an increase of 7.1 per cent from RM39.1 billion,” he said when addressing industry players in the state during a meet the people session on Thursday. Muhyiddin said a total of 3,966 projects were approved in the country with a capital investment worth RM259.9 billion from 2010 to September 2014, adding these investment projects had...
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Tarik RM1 bilion
June 15, 2015 , by admin2
Kuala Lumpur: Projek pembangunan pelabuhan Tok Bali di Pasir Puteh, Kelantan dijangka bakal menarik pelaburan sehingga RM1 bilion dalam tempoh tiga tahun. Menteri Perdagangan Antarabangsa dan Industri (MITI), Datuk Seri Mustapa Mohamed berkata, MITI sudah meluluskan projek terbabit pada 7 Januari 2015. Katanya, setakat ini terdapat kira-kira 100 syarikat yang berpotensi untuk melabur dalam projek berkenaan dan projek itu dijangka akan memberi manfaat kepada kawasan sekitarnya dan juga Kelantan secara keseluruhannya. “Tok Bali mempunyai potensi besar sebagai pangkalan untuk menyediakan perkhidmatan berkenaan kerana lokasinya strategik berikutan jaraknya ke Kawasan Pembangunan Bersama Malaysia-Thailand (MTJDA). “Tok Bali Supply Base Sdn Bhd (TBSB), pengendali pelabuhan terbabit sudah melabur sebanyak RM90 juta tahun lalu dan tahun ini dianggarkan RM100 juta akan dibelanjakan untuk pembangunan projek itu,” katanya pada sidang media di sini, semalam. Mustapa berkata, TBSB...
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Tok Bali Supply Base Project Can Attract Investments Of RM1 Billion, Says Mustapa
June 15, 2015 , by admin2
KUALA LUMPUR, Feb 23 (Bernama) — The Tok Bali Supply Base project in Kelantan can attract up to RM1 billion in investments within the next three years. Minister of International Trade and Industry Datuk Seri Mustapa Mohamed said the project would have a spin-off effect on the surrounding Tok Bali area and the state itself. “This is a very important project for Kelantan. This is what the Kelantanese are yearning for,” he told reporters during a briefing Monday. Mustapa said Tok Bali Supply Base Sdn Bhd (TBSB), the operator of the supply base, has invested about RM90 billion to construct it and is expected to spend an additional RM100 million this year with its partners. He said TBSB is currently in talks with a pipe specialist company to set up a pipe-coating operation at the port, with an investment of about RM340 million over the next two years. He added that the company would occupy as much as 32.37 hectares of the port land with the objective of creating a facility...
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Asean Economic Ministers’ Retreat To Discuss Trade Facilitation: Mustapa
June 15, 2015 , by admin2
KOTA BAHARU, Feb 24 (Bernama) — The 21st ASEAN Economic Ministers’ Retreat this weekend will discuss ways to facilitate trade among the region’s member nations, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed. “We want to discuss trade barriers, how to facilitate two-way trade besides the benefits to be gained. “With different standards, for example, if we want to send the same good through different ports in ASEAN countries, it has to undergo quite stringent procedures and tests,” he said at a press conference to announce the programme for the retreat to be held here on Feb 27 to March 1. Mustapa said Kota Baharu was chosen as the venue for the retreat to enable Kelantan to be promoted as a progressive trade, investment and tourism destination. “Through the programme, Kelantan will be better known and this will bring a positive impact to the state in terms of tourism, trade and investment, while opening a wider market in ASEAN countries...
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Malaysia di landasan menuju negara maju
June 15, 2015 , by admin2
KUALA LUMPUR 26 Feb. - Asas kewangan yang kukuh dan dasar negara yang pragmatik sejak lima tahun lalu diyakini meletakkan Malaysia dalam landasan yang betul untuk menjadi sebuah negara maju menjelang 2020.
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Menteri di Jabatan Perdana Menteri dan Ketua Pegawai Eksekutif Unit Pengurusan Prestasi dan Pelaksanaan (PEMANDU), Datuk Seri Idris Jala berkata, sehubungan itu, negara perlu kekal fokus dalam memperkembangkan sektor-sektor ekonomi utama dan memperbaiki persekitaran perniagaan di negara ini. “Kita tidak boleh berputus asa dengan cabaran-cabaran sebaliknya meneruskan perancangan sedia ada,” katanya dalam program Rangkuman Ekonomi 2014 di sini hari ini. Yang turut hadir pada program itu ialah Menteri di Jabatan Perdana Menteri, Datuk Seri Abdul Wahid Omar dan Menteri Perdagangan Antarabangsa dan Industri, Datuk Seri Mustapa Mohamad. Tambah Idris, pertumbuhan ekonomi 2014 yang kukuh diterajui oleh aktiviti-aktiviti pelaburan swasta dalam pelbagai industri utama termasuk...
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DOMESTIC, FOREIGN DIRECT INVESTMENTS IN MALAYSIA HITS RM235.9 BILLION LAST YEAR
June 15, 2015 , by admin2
KUALA LUMPUR, Malaysia Feb 26 (NNN-Bernama) — Domestic and foreign direct investments in Malaysia hit RM235.9 billion in 2014, up 7.52 per cent, from RM219.4 billion received in 2013, said International Trade and Industry Minister Mustapa Mohamed. Domestic Direct Investments (DDIs) accounted for RM171.3 billion or 72.6 per cent of total investments, a bulk of which was in the manufacturing, services and primary sector, while the remaining RM64.6 billion or 27.4 per cent came from foreign direct investments (FDIs). In 2013, DDIs stood at RM159.94 billion while FDIs amounted to RM59.45 billion. Mustapa said the country’s investment performance in 2014 exceeded the average annual investments target of RM148 billion set under the 10th Malaysia Plan. The ratio of FDIs and DDIs was in line with the government’s drive to actively promote domestic investments, as outlined in the Economic Transformation Programme and the 10th Malaysia Plan, he said at a press conference to...
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Malaysia Eyes RM56 Billion Investments In Manufacturing Sector
June 15, 2015 , by admin2
KUALA LUMPUR, Feb 26 (Bernama) — Malaysia aims to attract investments worth RM56 billion in the manufacturing sector in 2015, a modest target compared with the RM71.9 billion it received last year. Minister of International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the manufacturing sector has remained attractive to investors, with approved investments in the sector surging by 38 per cent to RM71.9 billion in 2014 compared with RM52.1 billion in 2013. For the services sector, excluding real estate, the government expects to attract RM64.5 billion in investments this year, the minister said after revealing the country’s Investment Performance Report 2014 here, Thursday. Despite a challenging external environment this year, Mustapa said he still expects a moderate outlook for the investment climate in Malaysia. He said currently there are RM65.1 billion worth of on-going projects — RM51.4 billion in the manufacturing sector and RM13.7 billion in the...
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Malaysia to boost incentives for foreign companies to relocate
June 15, 2015 , by admin2
KUALA LUMPUR (Feb 26): Malaysia will increase incentives for companies to relocate operations to the country as it seeks more foreign investments to bolster growth. Approved direct investments rose to a record 235.9 billion ringgit ($65.5 billion) last year from 219.4 billion in 2013, International Trade and Industry Minister Mustapa Mohamed said in Kuala Lumpur today. Domestic investments accounted for about 73 percent of the total, he said. Prime Minister Najib Razak is dismantling decades of subsidies and increasing his focus on luring foreign investment, boosting education standards and adding high-quality jobs to propel the economy into developed status by the end of this decade. The government is depending on the private sector to drive capital spending as it cuts operating expenditure to narrow a budget deficit. “We are planning to introduce tax and location incentives for principal hub companies and the details are still being worked” out, Mustapa told reporters....
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Malaysia’s approved investments at record RM236bil
June 15, 2015 , by admin2
Mustapa says the Government will include customised incentives to attract more foreign investors. – Bernama

KUALA LUMPUR: Approved investments climbed for the fourth consecutive year in 2014, rising to a new high of RM235.9bil compared with RM219.4bil recorded in 2013, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

Domestic investments accounted for 72.6% of the total while new investments in the manufacturing sector rose 38% to RM71.9bil.

The approved projects last year would create 178,360 new jobs, Mustapa said.

He said the Government was setting a modest target of RM56bil for approved projects in the manufacturing sector amid a more challenging global economic outlook.

“We are planning to introduce tax and location incentives for principal hub companies,” Mustapa said at an economic event organised by the Performance Management and Delivery Unit (Pemandu) yesterday. The Government, he said, would include customised incentives to attract more foreign investors.

The economy expanded 6% in 2014, boosted by steady growth in the construction and...

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Pelaburan diluluskan 2014 catat RM235.9 bilion
June 15, 2015 , by admin2
KUALA LUMPUR 26 Feb. – Malaysia mencatat pelaburan langsung diluluskan sebanyak RM235.9 bilion pada 2014 berbanding RM219.4 bilion bagi tahun sebelumnya. Menteri Perdagangan Antarabangsa dan Industri, Datuk Seri Mustapa Mohamed berkata, sektor perkhidmatan menyumbang bahagian terbesar daripada jumlah pelaburan iaitu RM149.6 bilion diikuti sektor perkilangan iaitu RM71.9 bilion manakala sektor utama menyumbang RM14.4 bilion. Katanya, jumlah pelaburan itu yang diluluskan daripada 5,942 projek dijangka menjana 178,360 peluang pekerjaan terutama dalam teknologi tinggi dan industri yang mempunyai nilai tambah. “Bagaimanapun, berdasarkan prestasi 2014, kita menjangkakan pertumbuhan sederhana bagi pelaburan diluluskan pada tahun ini. Setakat ini, projek sedia ada bagi tahun ini sudah berjumlah RM65.1 bilion,” katanya dalam sidang akhbar selepas pengumuman prestasi pelaburan 2014 di sini hari ini. Yang turut hadir, Timbalan Menteri Perdagangan Antarabangsa dan Industri, Datuk Ir....
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