Miti Blog

Ministry of International Trade and Industry Malaysia Official Blog

Tag Archives: miti

Mustapa: Asean on track for progressive trade liberalisation
October 13, 2015 , by admin2

Asean countries are on track for progressive liberalisation of trade within the region, covering 128 sub-sectors via the Asean Framework Agreement on Services (AFAS).

The liberalisation will boost the services sector’s contribution to the region’s gross domestic product (GDP) from the current 40% to 50%, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

He said AFAS will be a platform for services providers to take advantage of the market openings as well as to benefit from new ideas and processes arising out of the opening of the services sector.

Efforts has been put into concluding the AFAS 10th package by year-end to provide wider and better opportunities for members in tapping the benefits of the services sector,” he said in his opening address at the inaugural Asean Service Provider Confederation (ASPC) meeting yesterday.

His speech was read by Malaysia External Trade Development Corp (Matrade) CEO Datuk Dzulkifli Mahmud. Last year, Asean...

Read More
MITI, SCE To Jointly Conduct Talent Development Programme
October 13, 2015 , by admin2

KUALA LUMPUR, Sept 8 (Bernama) — The Ministry of International Trade and Industry (MITI) has teamed up with Singapore Corp Enterprise (SCE) to conduct a talent development programme for officers from MITI and its agencies.

Deputy Minister, Datuk Ahmad Maslan, said the eight-month programme, from September 2015 to April 2016, was the first of its kind for Malaysian civil service and would involve 122 officers.

“The platform, called the Economic Policy Leaders programme, would enhance the professionalism and charisma of the officers,” he said after the signing of the memorandum of understanding between MITI Deputy Secretary-General, Datuk Jayasiri Jayasena, and SCE Chief Executive Officer, Kong Wy Mun, here today.

Also present was Temasek Foundation Chief Executive Officer, Benedict Cheong.

Ahmad said the programme would be held in Malaysia and will be followed by a learning visit to Iskandar, Johor and Singapore.

The cost of approximately RM750,927 would be equally funded...

Read More
Malaysia Must Adopt Strategic Tools To Improve Labour Productivity - Ahmad Husni
October 13, 2015 , by admin2

PUTRAJAYA, Aug 11 (Bernama) — Enhancement of management skills, niche technology and effective organisation, are the strategic tools identified to improve labour productivity, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.

He said as labour productivity is expected to grow 3.7 per cent annually to RM92,300 by 2020, Malaysia also needs to improve and increase workers’ skills.

“The required advanced skills and technology is the best competitive edge for economies to move up the value chain and beyond the simple production processes and products,” he added.

Ahmad Husni told the media this after chairing the 2016 Budget Focus Group on “Improving Labour Productivity: Public and Private”, here today.

“Looking back at last year’s performance, national labour productivity growth, covering both the public and private sectors, was at 3.5 per cent to RM61,708 per employee from RM60,437 in 2013,” he said.

He said by sector, construction registered the...

Read More
AEC To Spur Investments From ASEAN Into Malaysia
October 13, 2015 , by admin2

KUALA LUMPUR, Aug 10 (Bernama) — Foreign Direct Investments (FDI) in Malaysia from its ASEAN peers is expected to gain momentum with the ASEAN Economic Community (AEC) becoming a reality from Dec 31 this year.

Minister of International Trade and Industry (MITI) Datuk Seri Mustapa Mohamed said the sustained removal of barriers among the 10-member grouping, had led to an expansion in intra-ASEAN trade and investments, from US$1.22 billion in 2000 to US$24.4 billion in 2014.

“This accounts for 17.9 per cent of the total US$136.2 billion FDI inflows into the region last year,” he told reporters at the AEC Open Day here Monday.

Mustapa said similarly, intra-ASEAN trade accounted for 24 per cent of the total ASEAN trade or US$608 billion.

Meanwhile, ASEAN’s per capita income now stands at US$4,130 with intra-ASEAN trade expected to grow to 30 per cent by 2020.

He also said being the ASEAN Chairman this year, Malaysia wants to prepare local small and medium enterprises...

Read More
Malaysia Perhebat Terokai Turki Susulan Permeteraian MTFTA
October 13, 2015 , by admin2

KUALA LUMPUR, 4 Ogos (Bernama) — Malaysia akan memperhebat penerokaan pasaran Turki susulan pelaksanaan Perjanjian Perdagangan Bebas Malaysia-Turki (MTFTA) yang dimeterai pada Sabtu, kata Menteri Perdagangan Antarabangsa dan Industri Datuk Seri Mustapa Mohamed.

Beliau berkata Malaysia akan mempromosikan pelaburan dan perkhidmatan di Turki, selain perdagangan.

“Ia pengubah permainan dan satu cara yang wajar dilakukan, terutamanya apabila mengambil kira Malaysia mempunyai pelaburan bernilai US$2 bilion (US$1 =RM3.85) di Turki.

“(Pelaburan) Kita agak besar di Turki menerusi Khazanah Nasional Bhd dan Malaysia Airports Holdings Bhd (MAHB),” katanya kepada pemberita selepas menerima kunjungan hormat Menteri Luar Turki, Mevlut Cavusoglu di pejabatnya, di sini hari ini.

Khazanah Nasional memegang 75 peratus kepentingan dalam rangkaian hospital terbesar Turki manakala MAHB mengambil alih operasi Lapangan Terbang Antarabangsa Sabiha Gokcen Istanbul dan LGM Havalimani Isletmeleri...

Read More
‘MAKEITWORK’ : REALITY TV SERIES FOR SMEs
July 2, 2015 , by admin2
MakeITwork’ is the first reality TV series of its kind in Malaysia designed to help local SMEs realise the potential of using IT in their businesses. Launched by Y.B. Dato’ Mukhriz Mahathir, Deputy Minister of International Trade and Industry on 25 November 2009, the series is a collaborative effort by Microsoft, HP and DiGi, supported by MITI and SME Corp.   ‘MakeITwork’ features ten recent business make-over projects involving promising local SMEs, who are provided funds for their IT facilities and guidance in formulating comprehensive business plans. It also showcases how Malaysian SMEs could leverage on the most current and advanced technology solutions available today. This will assist SMEs to realise technology’s role as a business enabler in achieving increased productivity and managing costs more efficiently.   This reality TV series provides SMEs with:   • better understanding of how technology can benefit their businesses; • avenue to acquire technology...
Read More
Malaysia International Trade and Industry Report 2009:Weathering the Global Financial Crisis and Returning to Growth
June 26, 2015 , by admin2
YB Dato’ Sri Mustapa Mohamed and his deputies, YB Dato’ Mukhriz Mahathir and YB Dato’ Jacob Dungau Sagan, sharing a light moment after the launching of MITI Report 2009 on 21 June 2010.
 
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...
Read More
MITI Weekly Bulletin Volume 104
June 26, 2015 , by admin2
MITI Weekly Bulletin Highlights of the MWB this week includes: Malaysia-New Zealand FTA Under the Malaysia-New Zealand Free Trade Agreement (MNZFTA) which came into effect on 1 August, Malaysia and New Zealand will progressively reduce or eliminate tariffs on their respective industrial and agricultural products by 2016. Malaysian exporters will enjoy free duty on … T&I Mission to Seoul and Busan, Republic of Korea and working visit to Shanghai, The People’s Republic Of China The 62-member Trade & Investment delegation to the Seoul, Busan and led by Y.B. Dato’ Sri Mustapa Mohamed recorded potential Korean and Chinese investment interests in solar industries, green technology, automotive and petrochemical industries as well as …… Termination of Anti-dumping and Anti-subsidy Investigations on Imports of Stainless Steel The European Commission (EC) on 14 July 2010 has terminated the anti-dumping and anti-subsidy investigations on stainless steel fasteners and parts thereof (SSF)...
Read More
MITI Weekly Bulletin Volume 105
June 26, 2015 , by admin2
MWB-Vol105-12Aug2010 Highlights of the MITI Weekly Bulletin, Vol. 105 includes: Global Foreign Direct Investment in 2009 In 2009 global foreign direct investment (FDI) inflows shrank by 37.1% (y-o-y) to US$1,114.2 billion, while outflows fell by 42.9% to US$1,101 billion. In 2010, the United Nations Conference on Trade and Development (UNCTAD) expects global FDI inflows to reach more than US$1.2 trillion. Developing and transition economies such as Brazil, the Russian Federation, India and China (BRIC) are expected to lead the FDI recovery and will remain favourable destinations for FDI. Investments In Manufacturing And Manufacturing Related Services (January – May 2010) F rom January to May 2010, a total of 334 projects were approved in the manufacturing sector with investments amounting to RM8.9 billion. Domestic investments amounted to RM4.5 billion (50.6%) while foreign investments totaled RM4.4 billion (49.4%). Potential for Bird’s Nests Export to Hong Kong I n 2009, Hong Kong...
Read More
MITI Weekly Bulletin Volume 107, 26 August 2010
June 26, 2015 , by admin2
MWB-Vol107-26Aug2010 Highlights of the MITI Weekly Bulletin, Vol. 107 includes: Malaysia to Become a Global Photovoltaic Industry Player Photovoltaics (PV) has been used for over half a century in a range of applications and is recognised globally as they offer solutions to meet increasing energy demand. Malaysia has the potential to become one of the leaders in solar PV manufacturing. With investments from top ranking global companies like Q-Cells, First Solar and SunPower, Malaysia is poised to become a global hub for solar PV manufacturing by 2011. It is estimated that the cumulative revenues from the PV industry will contribute up to 4% of the national GDP by 2020. Updates on the Indonesia–Malaysia–Thailand GrowthTriangle The Indonesia–Malaysia–Thailand Growth Triangle (IMT-GT) was formed in July 1993, with the objective of accelerating and facilitating economic development in participating regions/countries through greater integration of trade and commerce in the sub-regions. Six...
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: 588

A PHP Error was encountered

Severity: Notice

Message: Undefined index: announce_display_type

Filename: libraries/Announcements_plugin.php

Line Number: 590

A PHP Error was encountered

Severity: Notice

Message: Undefined index: announce_display_type

Filename: libraries/Announcements_plugin.php

Line Number: 588

A PHP Error was encountered

Severity: Notice

Message: Undefined index: announce_display_type

Filename: libraries/Announcements_plugin.php

Line Number: 590

A PHP Error was encountered

Severity: Notice

Message: Undefined index: announce_display_type

Filename: libraries/Announcements_plugin.php

Line Number: 588

A PHP Error was encountered

Severity: Notice

Message: Undefined index: announce_display_type

Filename: libraries/Announcements_plugin.php

Line Number: 590

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