Domestic Investment Summit 2011 (DIS 2011) telah diadakan pada 15 September 2011 (Khamis) bertempat di Diamond Ballroom, Mandarin Oriental Hotel, Kuala Lumpur. Objektif penganjuran DIS 2011 adalah untuk meningkatkan kerjasama di antara Kerajaan dan sektor swasta, mendapatkan maklum balas mengenai isu-isu dan kaedah-kaedah mempromosikan pelaburan domestik, dan meningkatkan penglibatan pelabur domestik dalam mencapai sasaran pelaburan tahunan berjumlah RM115 bilion. DIS 2011 telah dipengerusikan oleh YAB Perdana Menteri dan dihadiri oleh lebih kurang 100 orang jemputan yang terdiri daripada ahli-ahli Majlis Ekonomi, tokoh-tokoh korporat dan perniagaan terkemuka tempatan serta wakil-wakil syarikat-syarikat berkaitan Kerajaan terpilih (GLCs) dan wakil Kementerian/agensi Kerajaan. YAB Perdana Menteri telah menegaskan pentingnya pelabur tempatan melabur di dalam negara memandangkan Kerajaan telah mewujudkan pelbagai peluang pelaburan termasuk melalui Program TransformasiEkonomi...

The Government of Malaysia has agreed to enforce mandatory standards effective 1st November 2011on 6 tariff lines of aluminium sheets and foils.The enforcement of the mandatory standards has been gazetted under the Customs Order (Import Prohibition) (Amendment) (No.3) 2011 on 30th September 2011 involving the following Customs Harmonised System (HS) tariff lines: aluminium plates, sheets and strip of a thickness exceeding 0.2 mm, whether or not alloyed 7606.11.000 7606.12.000 aluminium foil of a thickness not exceeding 0.2mm, not backed: 7606.91.000 7606.92.000 rolled but not further worked other 7607.11.000 7607.19.000 2. The implementation of mandatory standards on aluminium productsis to ensure raw materials used in end-products meet the quality and safety requirements, minimise the importation of sub-standards products, as well as support the development and competitiveness of the local aluminium industry by producing high quality products that meet international...

Sustained economic reform is essential. If there’s one lesson we can take away from the economic turmoil in the West, it’s that the failure to change will drive prosperity away. After decades of uninterrupted growth, Western nations are losing their edge in a cut-throat global environment which has seen Asia and Latin America emerge as alternative economic powerhouses. The fact that Eurozone leaders were contemplating seeking assistance from China and Brazil last weekend to bailout Greece speaks volumes on how the balance of economic power has shifted eastwards and the failure of the developed nations to reform their economies.  Malaysia, on the other hand is seeing a rise of investor confidence. This is in part due to the bold economic reforms we have undertaken since 2009, including liberalization. The proof is the fact that both the World Economic Forum (WEF) and the World Bank have recently highlighted Malaysia’s...

Moving out of the middle-income trap means, among other things, building an economy that has the capacity to innovate and use innovations to compete in the market place. So being able to convert ideas into products is a key to success. What is our record in this regard? Introduction To reach developed nation status by 2020, the Government has projected that the country needs to grow by 6% annually. And this growth has to be productivity-driven. Not only must we be able to put bricks and mortar together, but we must also be able to work smarter and be more creative and innovative. An innovation-driven economy must have the ability to commercialize ideas that individuals or R&D centres produce. It also must have the capacity to commercially exploit patented ideas and resources for public use.   Where do we stand? The latest World Economic Forum (WEF) Global Competitiveness Report ranked Malaysia the 21st most competitive out of 142 economies it surveyed. However, in the...

YB Dato Sri Mustapa Mohamad, Minister of International Trade and Industry (MITI), stressed that the uncertain global economic scenario reflects the importance of the multilateral trading system in ensuring that economies resist protectionism. MITI Minister said this in the APEC Ministerial Meeting held in Honolulu, United States of America, on 11 November 2011. Minister Mustapa highlighted that the WTO has been an important body in ensuring that global trade is conducted according to rules and disciplines that have been collectively agreed, and that markets are kept open. Dato’ Sri Mustapa also drew attention to the fact that global supply chains are more integrated today and therefore vulnerable to the impacts of natural disaster, as seen in the Fukushima incident and the Thai floods. “Given our interdependence, we must resist protectionism and instead focus on measures that facilitate trade.” On the Doha Round, MITI Minister noted that negotiations over...

Baru-baru ini pada 16 Nov 2011, Timbalan Menteri MITI, YB Dato’ Mukhriz Mahathir telah menghadiri majlis memeterai pengeluaran bersejarah panel solar yang ke 3,000 mega-watt di Kilang First  Solar Malaysia Sdn Bhd di Kulim Hi-Tech Park.Dato’ Mukhriz berkata melalui usaha kerajaan banyak syarikat berkelas dunia telah memulakan operasi pengeluaran panel solar di Malaysia. Dengan menawarkan insentif seperti pelupusan cukai keuntungan syarikat pengeluar panel solar selama 15 tahun, kadar faedah yang rendah dan infrastruktur yang baik, Malaysia kini menjadi pilihan utama destinasi pelaburan langsung asing (FDI) dalam sektor ini. Menurut Dato’ Mukhriz lagi, kerajaan komited untuk memastikan Malaysia menyediakan persekitaran terbaik bagi pelaburan asing dan domestik bagi memastikan sektor ini berkembang pesat. Penggunaan 100% tenaga kerja tempatan di First Solar Malaysia membuktikan kejayaan Malaysia sebagai destinasi pelaburan yang mampu bersaing dengan negara lain terutama...

 

Media Statement by:

Dato’ Sri Mustapa Mohamed Minister of International Trade and Industry   Strong FDI Performance for the First Nine Months of 2011  

1.   Malaysia’s Foreign Direct Investment (FDI) for the first nine months of 2011 was recorded at RM26.4 billion compared with RM18.6 billion for the same period in 2010 indicating a 42 per cent growth. This is based on the latest figure released by the Department of Statistics, Malaysia (DOSM). For the record, total FDI for the whole of last year was RM29.3 billion, while in 2009, total FDI was RM5.0 billion.   2.   Based on the FDI flows for the first nine months, it is likely that this year’s total FDI will exceed last year’s figure.   3.   While the FDI inflows for Q1 and Q2 2011 were strong which stood at RM10.1 billion and RM11.07 billion respectively, the inflow of FDI in Q3 moderated to RM5.17 billion. This is partly due to weaker external economic conditions, especially in the Euro Zone and the...

 

The Trans-Pacific Partnership (TPP) is a trade and investment liberalization initiative involving nine countries - Australia; Brunei; Chile; Malaysia; New Zealand; Peru; Singapore; United States; and Viet Nam. The aim of the TPP is the creation of a Free Trade Agreement (FTA) that will enhance trade and investment among the TPP partner countries and set new standards in the conduct of global trade.   To date, nine rounds of negotiations have been held. On November 11, 2011 during the APEC Summit in Honolulu, TPP Leaders were presented with the broad outline of a draft agreement which highlights the shared aspirations and ambitions of the nine countries involved. This was achieved despite the complexity of the issues discussed and the different developmental status of the negotiating partners.   TPP members are targeting to conclude negotiations in 2012, with July 2012 as an important milestone to agree on substantially all areas.  The Intersessional meeting scheduled from 5 –...

The international economic community may have been skeptical of ASEAN’s initiative to form a dynamic regional grouping. This is now changing. Today, world leaders, business and political, don’t need to be persuaded to be at ASEAN events such as the recent ASEAN Summit in Bali. Indeed, during the high-profile meeting, Denpasar’s Ngurah Rai airport was crammed with an impressive array of government and private jets, including the iconic Air Force One.   Unlike the European Union, ASEAN’s best years are ahead of it. Businessmen and political leaders are attracted by our joint commitment to forge an integrated market through the Asean Economic Community (AEC) by 2015 - bringing together a market of over 600 million consumers.   Malaysia, which is at the heart of ASEAN, has been at the forefront in championing this initiative. Indeed, we need to be realistic as a nation. With a population of 28 million (growing at 2%...

Date     :19 December 2011 (8.30 am – 4.30 pm) Venue   : Matrade Exhibition & Convention Centre (MECC) URL      : http://bit.ly/tH9j85