Miti Blog

Ministry of International Trade and Industry Malaysia Official Blog

Tag Archives: fore

CHINA'S FOREX RESERVES REACHES US$2.13 TRILLION
July 6, 2015 , by admin2
China’s foreign exchange reserves stood at US$2.13 trillion as at end June 2009, indicating that China’s economy is on track for recovery. Asian Development Bank noted that the rapid growth in China’s foreign exchange reserves was led by the rising trade surplus and by the confidence of overseas investors as they buy up China’s assets. China’s trade surplus in the first half of 2009 was US$96.94 billion. The stock and property markets remained bullish. China’s shares have rallied 70% from the beginning of the year. Property sales surged 53% to reach 1.58 trillion Yuan (US$231.3 million) as investors took advantage of low interest rates. China’s property and equity markets are closely watched by international speculative fund holders. It is believed that the bullish property and equity markets are among the reasons contributing to the surge in China’s foreign exchange reserves.  
Read More
TOWARDS LOW CARBON INDUSTRY
July 6, 2015 , by admin2
The National Green Technology Policy was announced by YAB Datuk Seri Najib Tun Abdul Razak Prime Minister of Malaysia on 24 July 2009 encompasing economic, environment and social policies. Among the goals of the National Green Technology Policy are to increase the production of local Green Technology products and the expansion of SMEs and SMIs businesses exports of Green Technology to the global market. Developed countries are now keen to engage with companies/organisations which are more environmentally responsible to its stakeholders. Malaysian industries are encouraged to adapt a green environment approach in their businesses, by moving towards low carbon technology. Potential benefits for businesses from adoption of the green policy include: • enhanced local industry’s competitiveness in the global market; and • increased ability to attract foreign investors and growth of exports through enhanced consumer confidence. Consumers have become increasingly conscious not...
Read More
Visit of the President of Thailand Trade Representative
June 29, 2015 , by admin2
H.E. Kiat Sittheeamorn, President of the Thailand Trade Representative (TTR) led a 130-member delegation for a visit to Malaysia from 28-29 March 2010  
H.E. Kiat Sittheeamorn, President of the Thailand Trade Representative (TTR) led a 130-member delegation for a visit to Malaysia from 28-29 March 2010. Aimed to further strengthen the bilateral economic relations between the two countries, the visit also sought to explore potential business opportunities for both countries. The visit reinforces the commitments made by leaders of both Malaysia and Thailand when Y.A.B. Dato’ Sri Mohd Najib Tun Razak visited his Thailand counterpart, H.E. Abhisit Vejjajiva last year to bring existing bilateral relation to a higher level. A series of activities were held in conjunction with the visit, including a Seminar on Malaysia -Thailand Trade and Investment Cooperation, bilateral meetings with Minister of International Trade and Industry, Minister of Plantation Industries and Commodities, as well as the signing of a Memorandum of Understanding between British Dispensary (L.P.) Co. Ltd. and CCM Co. Ltd. Malaysia. During the bilateral...
Read More
Invest Malaysia 2010
June 29, 2015 , by admin2
 
Invest Malaysia 2010
The 6th Invest Malaysia 2010 Conference co-hosted by MIDA and Bursa Malaysia was held on 30 and 31 March 2010 at the Shangri-La Hotel, Kuala Lumpur. Organised annually and this time, with MIDA’s participation, the event provided a more comprehensive coverage of Malaysia’s investment environment with the inclusion of the manufacturing and services sectors. With the theme “Powering Global Excellence”, Invest Malaysia 2010 provided the latest updates in Government policies that benefit businesses and investors, including: the implementation of the Government Transformation Programme;  how Malaysia plans to attract private investments towards achieving the goal of a high income economy; and growth areas for further development such as the services sector, aerospace and renewable energy. The highlight of the event was the keynote address by YAB Dato’ Sri Mohd Najib Tun Abdul Razak, the Prime Minister of Malaysia who announced the first part of the New Economic Model...
Read More
Factory Visit 2
June 29, 2015 , by admin2
The other company, S.E.H (Shah Alam) Sdn. Bhd., a Japanese company with local participation, manufactures silicon polished wafers – one of the only four major producers of the product in the world. Since its inception in 1973, the company has invested RM2.8 billion in this business. Going down to the ground to get first-hand feedback is imperative in the formulation of policies and creation of conducive environment for industries to expand. The issue of natural gas supply, foreign labour policy and shortage of talents in the middle management level were some of the concerns highlighted during my visit. It is my priority now to review the current policies pertaining to investment to ensure Malaysia remains on investors’ radar.  
Read More
Visit to Steel Plant
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 ! Tags: business... Read More
Why Malaysia is Still an Ideal Destination for FDI?
June 29, 2015 , by admin2
Mustapa Mohamed
“Kudos to all of you for rightfully choosing Malaysia as your preferred investment destination!” Having said that, we would like to highlight a few key points on why Malaysia remains an ideal destination for Foreign Direct Investment(FDI). Among the things that have helped put Malaysia on the international investors radar includes:
  • World-class physical infrastructure 
  • Strong base of highly educated English-speaking workers
  • Conducive business and policy environment – the “Soft Infrastructure” 
  • Strong legal system that safeguards business transactions while promoting corporate governance
  • Setting up of a high-powered public-private sector taskforce, PEMUDAH, to address bureaucracy in business-government dealings
  • Rapid advancement in Information Technology
  • Adoption of global best practices in business
After all the hard work, it is heartening to note that Malaysia has made it to thetop 10 most competitive nations list in a recent report by the acclaimed...
Read More
MITI to Draw Investments Worth RM 10 Billion
June 26, 2015 , by admin2
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: 
  •  new strategies for investment projects 
  • on-going Specific Project Missions (SPM) overseas 
  • current corporatisation...
Read More
World Investment Report 2010
June 26, 2015 , by admin2
The recent UNCTAD report showed that world FDI flows in 2009 fell by 37% affecting many countries, including Malaysia. Having seen the early signs of the decline, the government instituted wide-ranging reforms as early as April 2009. “At the time that the global financial crisis was eroding investor confidence worldwide, the government recognized the need to transform the Malaysian economy to increase its attractiveness,” said YB Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry. “Whilst acknowledging the dampening FDI inflows into Malaysia, it must be highlighted that Malaysia was also named in the same report as one of the top 15 host countries for FDI for 2010-12 by a survey of transnational corporations,” Mustapa said. The government has introduced several key initiatives, such as economic liberalisation, the Government Transformation Programme, the New Economic Model, and the 10 th Malaysia Plan to spur the economy. These efforts will...
Read More
Questions on the UNCTAD World Investment Report 2010
June 26, 2015 , by admin2
What is the World Investment Report (WIR)? The World Investment Report is an annual report published by the United Nations Conference on Trade and Development (UNCTAD), since 1991. The UNCTAD WIR 2010 was released on 22 July with the theme “Investing in a Low Carbon Economy”. The Report discusses global and regional tren ds in FDI, recent policy developments and opportunities and threats in developing countries in the transition to a low carbon economy. What are the reasons for the drop in the Foreign Direct Investments (FDIs) in Malaysia in 2009? The decline in FDI inflows into Malaysia to US$1.38 billion in 2009 is mainly due to: the global economic crisis which started in 2008 and continued in 2009, causing global FDI to decline by 37% as investors worldwide were more careful in making investment decisions involving large funds;  Malaysia is in a transition from capital intensive to knowledge-based industry;  Rising competition for FDI, from both new emerging market...
Read More

Type Your Search Here

A PHP Error was encountered

Severity: Notice

Message: Undefined index: announce_display_type

Filename: libraries/Announcements_plugin.php

Line Number: 563

A PHP Error was encountered

Severity: Notice

Message: Undefined index: announce_display_type

Filename: libraries/Announcements_plugin.php

Line Number: 565

A PHP Error was encountered

Severity: Notice

Message: Undefined index: announce_display_type

Filename: libraries/Announcements_plugin.php

Line Number: 563

A PHP Error was encountered

Severity: Notice

Message: Undefined index: announce_display_type

Filename: libraries/Announcements_plugin.php

Line Number: 565

A PHP Error was encountered

Severity: Notice

Message: Undefined index: announce_display_type

Filename: libraries/Announcements_plugin.php

Line Number: 563

A PHP Error was encountered

Severity: Notice

Message: Undefined index: announce_display_type

Filename: libraries/Announcements_plugin.php

Line Number: 565

Tags

4PU ACEAN AEC AFAS AFTA AKI APEC ARBC ASEAN ASEAN Business Advisory Council (ABAC) ASEAN Regional Business Council ASEAN- India FTA ASEAN-India FTA AirAsia Alternative medicine Andrew Robb Anti- Dumping Anugerah Kecemerlangan Industri Apollo Hospitals Apparels Apps Store Asean Economic Community Asean Framework Agreement on Services Asian Development Bank Australian Minister for Trade and Investment Automotive Industry Axiata BDO BNM Babar Ali Khan Bangladesh Bank of China Bogor Goal Brazil Budgets Bumiputera CEO CEPT CHINA CIDB CIMB COO Caexpo Cement and Concrete Association (C&CA) Channel News Asia Chemical Company of Malaysian Berhad (CCM) Chile China China-ASEAN China-ASEAN FTA Confederation of Indian Industry Conference Construction Industry Development Board Consumers DIGI DOHA Dato' Seri Mustapha Mohamed Datuk Dr Rebecca Sta Maria Datuk Hamim Samuri Datuk Ir Hamim Samuri Datuk Jacob Datuk Mustapa Mohamed Datuk Naimun Ashakali Mohammad Datuk Seri Mustapa Mohamed Datuk Seri Mustapha Mohamed Datuk Seri Najib tun Razak Doha Development Agenda ELV Policy EPU ETP Economic Planning Unit Economic Policy Leaders programme Economic Transformation Program Economic Transformation Programme Economy Eelco Eksport Eksports Eports European Commission (EC) Events Export Exports FDI FOKEM FTA Federal Governmen Federation of Malaya Fiscal policy Committee (FPC) Food Forbes Foreign direct investments Foreign investments Forum Ekonomi Dunia GDP GE GST GTP Global Market Globecycle Goods and Services Tax Government Transformation Programme Groom Big HACCP-certified HDC HP Halal Halal Development Industry Halal Development Industry Corporation Halal Industry Development Corp Halal Ingredients Asia 2015 Hoekstra ICT IJM Corp Berhad IMD INSKEN INVESTMENT MISSION IPI IT Import Imports India Indian Commerce and Industry minister Nirmala Sitharaman Industries Industry Information and Communication Technology (ICT) Infrastructure Development Finance Company Institute for Management Development International Trade and Industry InvestKL Investents Investment Investments Jabatan Kemajuan Islam Malaysia Jakim Jeli Jepun Jom Masuk IPT (KPTN 2015) KELANTAN KSU Karnival Karnival Pendidikan Tinggi Negara Khazanah Nasional Khazanah Nasional Bhd Kulim Hi-Tech Park LIMA LIMA'15 LNG Laporan World Competitiveness Yearbook (WYC) Lawatan Lembaga Pembangunan Industri Malaysia Lexus MAI MATRADE MAlaysian Economy MGCC MIDA MITC MITI MITI Deputy Secretary-General MITI Report MITI Weekly Bulletin MITI Weekly Bulletin trade MITI report MITI weekly Bulletin MITI] MNC MOF MPC MTFTA Malaysia Malaysia Airports Holdings Berhad Malaysia Automotive Institute Malaysia Economy Malaysia Entrepreneurship Forum 2015 (MEF) Malaysia External Trade Development Corp Malaysia External Trade Development Corporation Malaysia International Halal Showcase Malaysia-China Trade Malaysia-India Comprehensive Economic Cooperation Agreement Malaysian Airlines Bhd Malaysian Economy Malaysian Industrial Development Finance Bhd Malaysian Palm Oil Board Malaysian Report Malaysian Standards Malaysian economy Malaysian pavilion Manufacturing Manufacturing Industry Maybank Media Release Menteri Perdagangan Antarabangsa dan Industri Microsoft Mid Tier Companies Development Programme Minister of Commerce of China Gao yan Minister of International Trade and Industry Ministry of Finance Ministry of International Trade and Industry Miti Miti Report Miti Weekly Bulletin MyASEAN Internship Programme NAP NAP review National Automotive Policy Nestle Networking OIC OIC-Asia Trade and Economic Forum 2015 Organisation of Islamic Cooperation P Ravindran PEMANDU PEMUDAH PKS PLKN PPD Pameran Maritime dan Aeroangkasa Antarabangsa Langkawi 2015 Parts and Components Pembangunan Industri Halal Sdn Bhd Pengurusan Prestasi dan Pelaksanaan (PEMANDU) Perbadanan Perbadanan Pembangunan Industri Halal Sdn Bhd Perbadanan Pembangunan Perdagangan Luar Malaysia Performance Management and Delivery Unit Perjanjian Perdagangan Bebas Perusahaan Kecil dan Sederhana Petronas Play Store Policy Perspective Preferential Tariff Rate Program Pembiayaan Usahawan Wanita Program Transformasi Ekonomi Pusat Dagangan Antarabangsa Melaka Pusat Transformaasi Luar Bandar (RTC) Quality R&D RCEP ROO Ranhill Regional Comprehensive Economic Partnership Road Sectors Royal Vopak Russia SCE SDSI SIRIM SIRIM QAS International Sdn Bhd SME Bank SME CORP SME Corp SME corp Malaysia SMECorp SMEs SPS STA Sadguru Polymers Pvt Ltd & Triace Solution SapuraCreest Satu Daerah Satu Industri Securities Commision Service Industry Service Sector Service Sectors Service sector Service sectors Services Sector Services sector Shell Shell Malaysia Shell Malaysia Ltd(SML) Shell Refining Company Showcase Groom Big Sime Darby Singapore Corp Enterprise Small and Medium Scale Industries Sri Mustapa Mohamed Strategic Trade Bill Success Story Sunway Sunway Group THE 12th China-Asean Expo TM TOK BALI TPP TPP trade TPPA TTPA TV Show Tariff Elimination Temasek Foundation Tenaga Nasional Bhd's The 21th ASEAN Economic Ministers (AEM) The Economic Planning Unit (EPU) The Malaysian Investment Development Authority The New Global Context The World Trade Organisation (WTO Toyota Camry Trade Trade Figure Trade Performance Trade Review Trans Pacific Partnership Trans Pacific Partnerships Trans-Pacific Partnership Agreement UMW Corporation UMW Holdings Berhad UMW Toyota UNCTAD US Universiti Malaysia Kelantan (UMK) Untag Usahawan Bumiputera Vehicle End-of-Life Policy Voluntary Partnership Agreement (VPA) WCC WCY WEF WEP WHS WORLD ECONOMIC FORUM(WEF) EAST ASIA 2014 AND TRADE & INVEST WTO World Competitive Centre World Competitiveness Center (WCC) World Competitiveness Yearbook (WCY) World Economic Forum World Halal Conference 2015 World Halal Summit YB Dato' Sri Mustapa Mohamed ZICOlaw application auto automotive bangladesh bank negara malaysia bilateral relation biojisim biomass business business facilitataion business facilitation cars 15 years cement industry competitiiveness competitive competitiveness competitveness currency e&e economy education electrical electronics emerging market environment eport World Competitiveness Yearbook 2014 export exports felda food manufacturing fore foreign direct investments foreign trade forex free trade agreement green technology gross domestic product healthcare highway hong kong import imports india industries industry interest rates international standards investmen investment investments irAsia iron and steel japan jepun kdnk kelantan liberalisation logistic low carbon malaysia malaysian business manila manufacturing mecc metal sub-sector middle east mihas miti motor vehicles national green technology national timber policy non-Islamic nations non-tariff north africa packaging policy review portland cement proton public service delivery renminbi research and development retails road transport sales showcase small and medium enterprises small and medium enterprises (SMEs) sme sme corp sme corp malaysia sme master plan smi smidec syarikat berstatus multinasional tariff tax incentive textiles the Asociation of Southeast Asian Nations the electrical and electronics the government's 11th Malaysian Plan tnb tourism trade tradisional medicine tube programme usahaw value added visit wood wood-based products world economic forums