Highlights of the MITI Weekly Bulletin, Vol. 114 include: Chongqing to Become a Regional Financial Centre Chongqing, the largest municipality directly under the control of the central government of the People’s Republic of China, is set to become a regional financial centre by 2015. Currently, the Chongqing Municipal Government provides favourable local and foreign tax policies for foreign investments. Shanghai Takes Lead In E-Book Development The development of the e-Book industry in China has transformed Shanghai as a base to spearhead the development of the industry, in particular the digital content sector. Malaysian manufacturers should take full advantage of the e-Reader boom in China to launch suitable products which are competitively priced, but also feature more value-added functions for the Chinese market. Anti Dumping Duties On 23 October 2005, the Government of Malaysia imposed anti-dumping duties on imports of polyethylene terepthalate originating in or...

Program Peningkatan Kualiti Produk dan Perkhidmatan atau lebih dikenali sebagai Program Groom Big bertujuan melahirkan usahawan-usahawan Perusahaan Kecil dan Sederhana (PKS) yang berdaya saing di peringkat di peringkat domestik dan global bagi mempertingkatkan kedudukan sesebuah syarikat dari peringkat Mikro, Kecil hingga ke Sederhana yang bersedia untuk mengeksport produk-produk dan perkhidmatan ke peringkat global. Showcase Groom Big 1Malaysia Negeri Perak merupakan kesinambungan kepada Program Groom Big bagi megukuhkan segmen keusahawanan di Negeri Perak, agar berdaya saing dalam sektor - sektor utama ekonomi negara. Ianya juga bertujuan: • mempromosikan produk usahawan - usahawan di Negeri Perak • mencipta eksport - eksport baru • mewujudkan jaringan usahawan, • mengetengahkan budaya dan konsep business matching, handholding dan konsultasi perdagangan. Showcase Groom Big Negeri Perak akan dianjurkan seperti butiran berikut: Tarikh    :  05– 07 November...

Highlights of the MITI Weekly Bulletin, Vol. 118 include: APEC Leaders See Progress in Achieving Bogor Goals Asia-Pacific Economic Cooperation (APEC) had undertaken an assessment on the realisation of its 2010 Bogor Goals’ target of free and open trade and investment in the Asia Pacific for specifically its industrialised member economies. Outcomes of the assessment were tabled at the APEC Economic Leaders’ Meeting (AELM) in Yokohama, Japan, 13-14 November 2010. The assessment indicated that… Malaysia-Chile Free Trade Agreement The Malaysia-Chile Free Trade Agreement (MCFTA) was signed on 13 November 2010 in Yokohama, Japan. Chile will undertake full elimination of import duties for 6,900 tariff lines (90.2% of total tariff lines) from the date of entry into force of the Agreement. The Malaysian business community is encouraged to take full advantage of the opportunities offered under this FTA. The 1-Innocert Programme: 1-Innovation Certification for Enterprise...

This week’s MWB shares the success story of Noraini Cookies – a Malaysian brand that has gone global.Starting off as a traditional kuih supplier for a 5-star hotel in the 1980s, today, Noraini Cookies Worldwide Sdn. Bhd. produces a wide range of cookies from chocolate chips, cornflakes and raisins, oats and walnuts, ginger and almonds to jackfruit. It has two distinctive brand of cookies - the festival cookies “Noraini’s Cookies” and the all season cookies “Good Kiss”. So, what are some of the ingredients for their success? The founder, Pn. Hjh. Noraini Hj. Ahmad, attributes her achievements to strong family support and the three basic  principles she holds on to: negotiating skills, managing capital and marketing strategy. Heading the Research & Development unit herself, the founder is also a firm believer in continuous improvement and is in constant search for breakthrough ideas to improvise her recipes. The company is also committed in ensuring the quality of...

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...

Kerajaan hari ini mengumumkan enam program berimpak tinggi sebagai satu langkah untuk memastikan sektor perusahaan kecil dan sederhana (PKS) mampu berkembang sebanyak 8.7 peratus setahun menjelang tahun 2020 berbanding pada masa ini sekitar 6.5 peratus setahun. Enam program impak tinggi adalah:

 

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 16th Malaysia-Australia Joint Trade Committee (JTC) Meeting was held in Kuala Lumpur on 31 January 2012. The JTC Meeting was co-chaired by the Hon. Dato’ Sri Mustapa Mohamed, Malaysia’s Minister of International Trade and Industry, and the Hon. Dr. Craig Emerson MP, Minister for Trade Australia. Members of the Malaysia-Australia Business Council (MABC) and the Australia Malaysia Business Council (AMBC) also attended the meeting. The 16th JTC meeting discussed a number of issues ranging from Australia’s food labelling legislation, logging regulation and investment issues related to mining and resource processing as well as financial services. The meeting reviewed the progress of the ongoing close cooperation between Malaysia and Australia on customs matters, Islamic finance, clean energy and green technology as well as the automotive sector. In terms of new collaboration proposals, it was agreed that Malaysia and Australia to pursue cooperation in the areas...

 

YB Dato’ Sri Mustapa Mohamed, Menteri Perdagangan Antarabangsa dan Industri (MITI) sedang mengadakan lawatan rasmi ke Surabaya, Indonesia. Rangka lawatan selama dua hari yang bermula pada 8 April hingga 9 April 2012 ini merupakan usaha MITI untuk memperkukuhkan jaringan perniagaan PKS tempatan dengan pengusaha dan persatuan-persatuan perniagaan Jawa Timur. Misi tersebut disertai oleh 26 usahawan tempatan di bawah bimbingan SME Corp M’sia Dan Halal Development Corporation (HDC) iaitu agensi-agensi di bawah MITI. YB Menteri dan rombongan usahawan PKS dijadual bertemu dan mengadakan sesi pemadanan perniagaan dengan ahli-ahli perniagaan dari pelbagai organisasi tempatan seperti Perhimpunan Pengusaha Indonesia Tionghua (PERPIT), Himpunan Pengusaha Muda Indonesia (HIPMI), Kamar Dagang Dan Industri (KADIN) Jawa Timur, Perkumpulan Masyarakat dan Pengusaha Indonesia Tionghua (PERMIT). Kumpulan usahawan tersebut meliputi pelbagai sektor seperti makanan, minuman, logistik, kosmetik...