Jun 19, 2015 -   KOTA BAHARU, Nov 16 (Bernama) -- Malaysia's 643,000 small medium enterprise (SME) entrepreneurs have been urged to work towards penetrating the Asean market next year. Minister of International Trade and Industry Datuk Seri Mustapa Mohamad in making this call said they should take full advantage of Malaysia assuming the chairmanship of Asean in 2015 to more actively market their products in the region. He also cautioned that if they failed to do so, they would lose out on an ...
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Jun 19, 2015 -   KUALA LUMPUR, Nov 17 (Bernama) -- The Ministry of International Trade and Industry (MITI) has targeted to increase the small and medium enterprise (SME) market growth from 6.3 to 9.3 per cent under the SME Master Plan 2012-2020. Its minister, Datuk Seri Mustapa Mohamed said the SME Master Plan 2012-2020 was aimed at contributing at least 41 per cent to the Gross Domestic Product (GDP) by 2020 from 33 per cent at present. He said the government would continue to expand financing options ...
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Jun 19, 2015 -   KUALA LUMPUR, Nov 17 (Bernama) -- Malaysia's economic scorecard under the ASEAN Economic Community (AEC) Blueprint is currently at 83.9 per cent with 70 out of 436 variable measures still not being implemented, says Minister of International Trade and Industry (MITI), Datuk Seri Mustapa Mohamad. The minister said Malaysia was now ranked sixth among the ten ASEAN countries in AEC's economic scorecard. He said he was confident to be able to implement at least half of the 70 ...
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Jun 19, 2015 -   KUALA LUMPUR, Nov 18 (Bernama) -- The ministries of International Trade and Industry Ministry (MITI) and Human Resource will look into the allegations on forced labour the electrical and electronics (E&E) sector in Malaysia. According to news report, the US Labour Department would put Malaysian on the "International Ranking on Forced Labour" watch list in December on findings from a global non-governmental organisation, Verite, on labour issues in the sector. The US Labour ...
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Jun 19, 2015 -   KUALA LUMPUR, Nov 19 (Bernama) -- Malaysia will finalise the remaining 28 new sub-sectors in the liberalisation of services sector by next year, for inclusion in the 10th Asean Framework Agreement on Services (AFAS) package. International Trade and Industry Minister Datuk Seri Mustapa Mohamed said Malaysia had cumulatively covered 100 services sub-sectors in the Ninth Package, among them, healthcare, tourism and telecommunications. He said Malaysia is currently gathering suggestions and ...
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Jun 19, 2015 -   TANGKAK, Nov 23 (Bernama) -- Malaysia is expected to attract at least RM200 billion or 10 per cent of the total investment in Asean countries with the implementation of the Asean Economic Community blueprint next year, says International Trade and Industry Deputy Minister Datuk Hamim Samuri. "With the implementation of the AEC, agreed to in 2007, Malaysia will also benefit from a market of 620 million people in the Asean countries," he told reporters after the presentation of ...
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Jun 19, 2015 -   KUALA LUMPUR, Nov 24 (Bernama) -- The Belgian Economic Mission to Malaysia has received encouraging response to its sectoral seminars held, Monday to introduce the country's advancement and availability of technologies. Belgium Ambassador to Malaysia, Daniel Dargent said the seminars included on clean technology, agro-food and healthcare sectors. "At the same time, official meetings with Malaysian ministers were also held in the presence of Princess Astrid to enhance bilateral ...
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Jun 19, 2015 -   KUALA LUMPUR, Nov 25 (Bernama) -- The national automobile industry needs to step up its competitiveness, particularly in the export market, given the rising intense competition from global players, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed. He said the ministry was not happy with the current export performance of the industry unlike the offtake of auto-components which was performing well. Mustafa said the local industry would have to be mindful of the ...
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Jun 19, 2015 -   KUALA LUMPUR, Dec 1 (Bernama) -- Asean Business Club (ABC) Co-Chairman Datuk Nazir Razak has urged the government to lay out Malaysia's strategy for the Asean Economic Community (AEC), which will be a reality from next year. He said Malaysia, the Asean chairman in 2015, should further push the country's aspiration and contribution to making the AEC a more meaningful economic reality. "We hope the government can lay out the strategy as to where we are going to be in the next ...
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Jun 19, 2015 -   IN early 2006, Asean senior economic officials were given this challenge by their Ministers: craft the economic future of the grouping; an economic community not by 2020, as stipulated in Asean Vision 2020, but in 2015. Thus began the work towards an economically integrated Asean. Translation: the free movement of goods and services; and freer movement of capital and talents among the ten member states. In 2006, when the proposal to push for the realisation of the Asean Economic ...
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