The Government will continue to address business related issues in an expeditious manner. The Government, through PEMUDAH, is currently implementing many new measures to further facilitate business in Malaysia, including: • establishment of the Kuala Lumpur Commercial Court by end 2009 to speed up resolution of commercial disputes; • implementation of MyCoID, a standardised identification number to be adopted for companies dealing with all Government agencies; • preparing a ‘Guidebook on Industrial Relations’ to provide guidelines on hiring and firing of workers; and • compiling an ‘Asset Search Directory’ that contains organisations and agencies that assist in identifying and tracing company assets to facilitate closing businesses. Malaysia’s reform initiatives have resulted in improvements in the public service delivery system. These improvements are reflected in the World Bank’s ‘Ease of Doing Business Index’ where Malaysia moved from 24th place in 2008...

 

SME Corporation Malaysia is teaming up with eBay and PayPal to help local small and medium enterprises broaden their markets. What do SMEs already conducting or looking to conduct business online stand to gain? Under the agreement, eBay and PayPal specialists will provide education courses in the form of workshops or phone consultation programmes. For those looking to outsource their online sales channel, there’s also a Trading Assistant Programme which is an end-to-end service provided by eBay. Good deals abound: eBay is waiving insertion fees for the first 100 eBay listings and selected features, while the first 100 payments received via PayPal will enjoy up to a 25% discount. Both eBay and PayPal are also offering dedicated account support to SMEs. This MoU marks a first for a Government body in Malaysia to establish partnership with eBay, the world’s largest online marketplace with over 89 million active users and PayPal, a global leader in online payments. If...

 

YB Dato’ Jacob Dungau Sagan, Timbalan Menteri Perdagangan Antarabangsa dan Industri telah mempengerusikan satu sesi dialog bersama usahawan bumiputera Sarawak bertempat di Dewan Kenyalang, MPC Sarawak. Majlis ini bertujuan untuk mendapatkan pandangan dan maklumbalas mengenai idea-idea innovatif dan kreatif yang boleh menyumbang kepada aktiviti ekonomi masyarakat Bumiputera. Hasil daripada sesi dialog ini akan dibentangkan ke Majlis Penasihat Ekonomi Negara (MAPEN) yang kini sedang menggubal pelan pembangunan ekonomi dikenali sebagai ‘New Economic Model For Advanced Economy’.Dialog sebegini akan membolehkan Kerajaan, khususnya MITI, mendapatkan maklumbalas secara langsung, terus dan tepat tentang segala masalah dan isu-isu semasa yang dihadapi oleh masyarakat usahawan Bumiputera di Sarawak. Ini menunjukkan kesungguhan, keprihatinan dan komitmen kerajaan melalui MITI terhadap usaha-usaha membangunkan bumiputera dalam konteks pembangunan usahawan seterusnya mewujudkan...

 

YB Dato’ Sri Mustapa Mohamed stressed the pivotal role of MITI in realising the Government’s aspiration to shift the nation towards high-income, knowledge-based economy at MITI’s monthly assembly today. Also present were YB Dato’ Jacob Dungau Sagan, Deputy Minister (Industry) and Y.Bhg. Tan Sri Abdul Rahman Mamat, Secretary General of MITI. He said that MITI, being the Ministry in-charge of the development of the manufacturing and services sectors, is responsible for at least 80% of the country’s Gross Domestic Product (GDP). “The GDP comprises 30% output from manufacturing and 50% services; therefore 80% of the GDP depends on the efficiency of MITI and agencies’ personnel in carrying out their duties and formulating the right policies for industry and trade to grow” said the Minister. YB Dato’ Sri Mustapa also stressed the importance of MITI officers acquiring the necessary knowledge and skills, including writing, communication and negotiation; in order...

Efficient service delivery is the mantra of the civil service these days. Many initiatives have been undertaken to facilitate business especially in enhancing delivery at just a fraction of the original duration and cost. Thanks to the advent of technology - MITI has made it easier for businesses to access online services to certify, register, import and export their products. You can now take advantage of benefits offered through various Free Trade Agreements (FTAs) and preferential schemes …  apply for Approved Permits (APs) …  gain access to information on international trade fairs, trade & investment missions… identify suitable joint -venture partners and get business news heads-up… from anywhere, anytime …..and the list goes on…………….! It cannot be denied that the public service delivery has been enhanced with the advent of technology – read more on the views of the Secretary General of MITI on Improving Service Delivery via Online Tools.  

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...

 

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...

 

Pada 18 April 2012, Kementerian Perdagangan Antarabangsa dan Industri (MITI) telah menerima kunjungan daripada delegasi Universiti Tun Abdul Razak (UniRAZAK). Lawatan ini bertujuan untuk mendapatkan maklumat dan memberi pendedahan kepada pelajar berkenaan tentang fungsi, pentadbiran dan peranan MITI dalam pelaksanaan ETP(Economic Transformation Programme) dan GTP (Government Transformation Programme). Taklimat mengenai fungsi dan peranan Kementerian Perdagangan Antarabangsa(MITI) telah di sampaikan oleh Penasihat MITI, YBhg Dato’ Nik Zainiah Nik Abdul Rahman. Taklimat yang berlangsung hampir selama satu jam itu diikuti dengan sesi soal jawab.

 

Para pelawat yang terdiri daripada pensyarah dan pelajar telah menerima kejutan dengan kehadiran Timbalan Menteri MITI, YB Dato’ Mukhriz Mahathir. YB Timbalan Menteri telah meluangkan masa beramah mesra dengan delegasi serta menjawab beberapa soalan yang diajukan oleh pelajar dan pensyarah. Kunjungan sebegini sangat...

The Ministry of International Trade and Industry (MITI) has recently been made aware of the fact that an unknown party has been holding itself out as a government agent to purchase products for the Ministry. In a specific case, a company introduced itself as “a government licensed sourcing agent” and said it was looking for a reliable manufacturer/supplier of hot stamping machine to supply hot stamping machine to MITI for its “on-going development projects”. MITI would like to advise that this is a scam and no such agent has been appointed by the Ministry. The public is advised to exercise due diligence when evaluating any such proposals received through email.

 

Kuala Lumpur, March 6th, 2013 - Minister of International Trade and Industry, YB Dato’ Sri Mustapa Mohamed will meet with heads of foreign missions in Malaysia at the Kuala Lumpur Convention Centre (KLCC) on March 6, 2013. This is the fourth meeting between the Ministry of Trade (MITI) and the heads of all foreign missions in Malaysia. Apart from the 99 heads of all foreign missions in Malaysia, this session will also involve the participation of 54 bilateral business councils wherein total of 420 participants are expected to attend this session. Among the main objectives of this session are as follows; •     to forge closer relations between MITI and the diplomatic and foreign business communities  in Malaysia in order to enhance trade and investment and help boost     economic growth; •     to update  the diplomatic corp and business  communities on the trade and investment opportunities of investment and trade in Malaysia; •     to gather feedback...