Press Releases 2014
MATRADE Drives Exports of Services Through MSE
WEDNESDAY, JULY 2, 2014, KUALA LUMPUR: Recognising the importance of Malaysia’s services sector, Malaysia External Trade Development Corporation (MATRADE) had successfully organised a series of seven Malaysia Services Exhibition (MSE) 2014. With the aim to promote Malaysia’s services in the international market, the MSEs have successfully generated sales totalling RM2.16 billion from various services clusters.
MSE in Ahmedabad, India generated RM116.67 million in sales, Jeddah, RM898.24 million; Doha, RM412.5 million; Beijing, RM161 million; Phnom Penh, RM407.16 million; Jakarta, RM127.10 million and Kuala Lumpur, RM36.6 million. Among the clusters highlighted during these MSEs include construction & related professional services, building materials, electrical and electronics components, franchise, business services, logistics, food, lifestyle, education and healthcare.
In Kuala Lumpur, MATRADE collaborated with Malaysian Institute of Architects (PAM) and CIS Network Sdn Bhd in bringing international buyers through Incoming Buying Mission (IBM) during the 15th International Architecture, Interior Design & Building Exhibition (Archidex) through MSE platform. During the event, 132 pre-arranged business meetings were held between Malaysian companies with international buyers from Italy, Japan, Qatar, Vietnam, India, the Philippines and Saudi Arabia.
Mr Davide Marazzi of Marazzi Architetti from Italy who participated in MSE at Archidex commented that the pre-arranged business meetings scheduled for his company were a perfect fit for his need and expectations. He looked forward for successful business partnerships with Malaysian companies on the architectural design and build projects that his companies is going to work on.
MATRADE invited Malaysian services providers to join two more MSEs that are being planned - MSE Yangon in conjunction with Showcase Malaysia Myanmar 2014 (1-4 October 2014) and MSE Kenya in conjunction with the 18th Kenya International Trade Exhibition (KITE) 2014 (3-5 October 2014). In addition, MATRADE will collaborate with Construction Industry Development Board (CIDB) to organise another IBM for the International Construction Week (ICW) 2014, from 17-19 September 2014, which will take place at PWTC, Kuala Lumpur. Companies interested in business meetings can register their interest now.
Malaysia Find Opportunities in Turkey’s ICT and Creative Content Sector
KUALA LUMPUR, TUESDAY, 24 JUNE 2014: A business delegation of 17 Malaysian companies and organisations led by MATRADE during the trade mission to Istanbul, Turkey from the 10 – 14 June 2014 has generated sales of RM99 million.
The trade mission, which focused on Information and Communication Technology (ICT) and the Creative Multimedia Content (CMC) sectors managed to identify several opportunities, mainly in customised mobile applications, accounting and funds module, secure mobile and security solutions, insurance services solutions, e-Government applications, smart hotel and home automation, IT services, digital publication and co-production in creative content and animation amongst others.
According to Mr. Idzham Abdul Hamid, Trade Commissioner of MATRADE in Istanbul, “Many Turkish companies are keen to do business and partner with Malaysian companies, as Malaysia is viewed as a favorable and reliable country to collaborate with. Malaysian companies should also look beyond the Republic and consider Turkey as a stepping stone to penetrate into other nearby regions such as Eastern Europe, Gulf region and the Balkan states given Turkey's strategic locationâ€.
“The capabilities of Malaysian companies must also complement and be able to serve niche areas within Turkey’s matured ICT segment such as banking, finance and insurance, while at the same time support the growth in other emerging ICT areas such as mobile applications and animationâ€, he added.
Promoting Malaysian F&B Companies Through SIAL China 2014
FRIDAY, 13 JUNE, 2014, KUALA LUMPUR: Malaysia External Trade Development Corporation (MATRADE) led the participation of 20 Malaysian companies during the recent SIAL China in Shanghai. The three day event generated total sales of RM38.9 million received over 1,500 trade enquiries.
With the theme ‘Dynamizing Food Market in Asia’, SIAL China 2014 was Malaysia’s 8th participation in this trade fair since 2004. This annual event continues to be a unique global food event featuring the world’s leading retail and food service buyers in one location. SIAL China has become an interesting import platform for major market players from retail, catering, food services, the import/exports trade and manufacturing to visit and exhibits.
Products and services Malaysian companies promoted during the exhibition include palm oil based products, beverages, frozen food, bakery products, food ingredients, confectionery and ready to eat products and functional food.
According to MATRADE, “Due to stringent food safety control in China, the increasing affluent consumers in the country prefer to consume and purchase imported food products as they are perceived as high quality value after passing through stringent import procedures.â€
MATRADE take the proactive effort by joining trade promotional programme in China such as participated in Canton Fair, CAEXPO and VitaFoods. Malaysia will continually encourage Malaysia exports activities and for more information on trade promotional programme visit www.matrade.gov.my.
Malaysian LED Products Gained a Limelight in US
TUESDAY, JUNE 17, 2014, KUALA LUMPUR: Malaysian LED products and solutions received strong interest from buyers in North America at the Lightfair International (LFI) 2014 during a Specialised Marketing Mission (SMM) in conjunction with LFI 2014 from 2 to 6 June 2014 in Las Vegas, Nevada, USA organised by Malaysia External Trade Development Corporation (MATRADE). This first time participation generated total sales of RM225.4 million by Malaysian companies.
Amongst those products and solutions of interest were LED high bay, LED street light, LED flood light, LED wall light, bollard, pole light, LED par light, LED T8 Tube, decorative lighting for hotels, convention centres and households.
According to MATRADE, “Demand for lighting fixtures in the US is projected to be worth US$25.1 billion in 2016, with an annual growth of 7.4 percent.The recovery in the US economy as well as the government’s favorable policies led to increased demand for energy-efficiency lightings as replacement to incandescent lampsâ€.
As US has stringent standard requirements, MATRADE urged Malaysian companies wishing to export their LED products to the market to obtain the necessary certificates such as Underwriters Laboratories (UL), Energy Star and Design Light Consortium (DLC) on their products to ensure the marketability of their products.
Empowering Youth Through Young Exporters Forum 2014
THURSDAY, JUNE 12, 2014, KUALA LUMPUR: Malaysian youths are invited to register for the Young Exporters Forum (YEF) 2014, which will be held on 18 June 2014 at Menara MATRADE, Kuala Lumpur. The forum, organised by Malaysia External Trade Development Corporation (MATRADE) will be officiated by Minister of International Trade & Industry (MITI), YB Dato’ Sri Mustapa Mohamed.
The one day forum will provide invaluable opportunities for young entrepreneurs to meet, exchange ideas and gain insights into the successful experiences of Malaysian youth in the international market.
Participants at YEF 2014 will be able to gain knowledge through sharing of experiences by successful young entrepreneurs including CEO of a leading internet marketing company in Asia, photojournalist whose works have been featured in major international media, developer of Malaysian creative digital content industry who was also involved in international cinematic productions, owner of a popular and successful online shoes company and an entrepreneur behind a shariah compliant natural wellness company.
The forum will also feature pocket talk sessions and update on development programmes and initiatives provided by MITI and other relevant agencies, specially dedicated for youth to start new business as well as providing assistance for existing business including financing, certification, training and global market entry requirements.
For details on YEF 2014 please log on to: www.matrade.gov.my or kindly contact Mr. Mohd Amin Bakar (03-6207 7636)/ Mr. Khairul Nazri Md Shakari (03-6207 7629) for any enquiries.
