Perbadanan Pembangunan Perdagangan Luar Malaysia

FRIDAY, 3 JULY 2020, KUALA LUMPUR: The Malaysia External Trade Development Corporation (MATRADE) announced the postponement of the 17th Malaysia International Halal Showcase (MIHAS) which was scheduled to take place from 1st to 4th September 2020 to next year.

The decision was made after taking into account the COVID-19 pandemic, and the adverse impacts that could jeopardise the show's reputation if it were to proceed. Based on the feedback received by MATRADE through its 46 overseas offices, most foreign exhibitors, buyers and trade visitors are not ready to travel and partake in international exhibitions held abroad.A quick survey made among Malaysian exhibitors also validated the concerns raised by foreign exhibitors about possible meagre number of visitors and buyers to visit the show, in view of the travel restrictions imposed by many countries around the world.

According to Dato’ Wan Latiff, CEO of MATRADE “The postponement of the show to 2021, is for the best interest of our exhibitors and buyers. The present environment is very challenging, and we believe it would affect the effectiveness of the show. The date for next year will be determined later depending on the development of the pandemic. By deferring it to 2021, it will allow our local and foreign exhibitors to appraise their strategies and calibrate for the changed environment”.

Over the last 16 years, MIHAS has built its reputation as the world’s leading Halal exhibition where thousands of Halal industry players from all over the world meet annually to showcase their innovative and latest products and services. It is also the venue of congregation for academics, practitioners and stakeholders of the Halal, Islamic finance and syariah-compliant businesses.

“MATRADE’s commitment is to hosting a remarkable show that will be the benchmark and sought after by the Halal and Islamic economy fraternities. We would like to record our gratitude to exhibitors, sponsors, strategic partners and buyers for their continued support”, Dato’ Wan Latiff said.

MONDAY, JUNE 15, 2020, KUALA LUMPUR: Malaysia External Trade Development Corporation (MATRADE) has introduced the guidelines of Market Development Grant (MDG) for online export promotions in view of the COVID-19 pandemic. The new guidelines will allow SMEs to claim certain expenses for participation in virtual trade events to promote exports starting from 1 July 2020.

Under these new guidelines, eligible companies can apply for reimbursable grant for activities under the two (2) categories, namely virtual international trade fairs and virtual trade promotion missions where Business to Business (B2B) meetings are organised. The MDG, introduced in 2002, aims at assisting Malaysian SME exporters’ to promote Malaysian products and services as well as enhance product branding in the international markets.

Dato’ Wan Latiff Wan Musa, MATRADE’s Chief Executive Officer said, the COVID-19 pandemic has impacted the way international business is conducted and leveraging on the digital platforms has become a new normal. “Travel restrictions imposed by most of the countries around the world to contain the spread of COVID-19 has expedited the transformation into digitalisation among the businesses to conduct export promotions. Virtual trade shows, business pitching, B-2-B meetings and webinars have become alternatives to physical events. MATRADE have organised various buyer-seller engagements via digital platforms to ensure that Malaysian companies have access to the international buyers even during the travel restriction periods” he added.

He further urged Malaysian exporters, to be well-versed and well-prepared to join this fast emerging export promotion methods. With the improvement to MDG’s guidelines, Dato’ Wan Latiff hopes that SMEs will actively participate in the virtual business events and ensure that their presence in the international market continue to be felt. This is in line with the recently announced PENJANA package as Malaysia enters into the recovery mode to propel forward the nation’s economic growth.

Cumulatively, MDG has benefitted 23,457 companies since it was launched. The MDG embodies the Government’s serious intention to bring Malaysian companies into globalmarkets. Based on the MDG survey conducted in 2019, more than 92% of SMEs believed thisprogramme played significant role in their export initiatives while 89% said that MDG led to anincrease in export sales.

Further information on MDG including the improved guidelines can be referred to MATRADE’s website at www.matrade.gov.my SMEs can also contact the MDG hotline at 03-62077593 oremail to Alamat emel ini dilindungi dari Spambot. Anda perlu hidupkan JavaScript untuk melihatnya..

THURSDAY, 25 JUNE 2020, KUALA LUMPUR: Malaysian exporters have been hit hard by COVID-19 because they are not able to travel overseas either to participate in trade shows or conduct face-to-face meetings with potential customers. However, they still have access to trade enquiries from foreign importers via MATRADE’s MyExport, which is a subscription-based online market intelligence platform. Outcome of the survey conducted by MATRADE in February this year has shown that 53 per cent of the respondents have generated export sales through trade leads published in MyExport. Besides trade leads, MyExport provides subscribers with access to current trade information such as Market Alerts, Product Market Studies, Trade Statistics and International Tender Notices.

According to MATRADE’s Chief Executive Officer, Dato’ Wan Latiff Wan Musa, Malaysian exporters need to leverage on digital channels to ensure that engagement with customers is sustained despite COVID-19. Online trade leads posted on MyExport serve as an opportunity for Malaysian exporters to provide business offers according to customers’ request. This trade intelligence is updated on a daily basis by 46 MATRADE Trade Commissioners across the globe.

“Leveraging on the digital platforms has become a new normal for businesses not only to survive but also to stay visible in the export market. To complement the trade leads, MyExport provides updated market information to ensure that Malaysian exporters are kept abreast on the latest international business trends and export opportunities. I believe in the present situation, online platform is vital for Malaysian exporters to get connected with potential foreign buyers which might translate into real business deals,” Wan Latiff said.

In 2019, MyExport published 4,157 trade leads from importers in 112 countries wanting to source products and services from Malaysia. Meanwhile as of June 2020, a total of 1,158 leads were posted in MyExport. Among the products that are highly sought after by foreign companies include prepared food, building and construction materials, chemicals, furniture as well as automotive parts and components. During this pandemic, medical products including medical gloves, face masks, hospital gowns and sanitisers topped the list. These enquiries are received from all over the world including USA, Europe, India, Africa, Latin America, besides countries in ASEAN.

MyExport which currently has nearly 13,000 subscribers also allows Malaysian exporters to assess their export readiness through Export Readiness Assessment Tool (ERAT) and check their application status of MATRADE’s programmes and export facilitation. Malaysian companies can register for MyExport at https://myexport.matrade.gov.my

MONDAY, 16 MARCH 2020, KUALA LUMPUR: The Malaysia External Trade Development Corporation (MATRADE) announced today that KLIABC 2020 will be postponed in response to the global health crisis related to COVID-19.

KLIABC 2020, initially planned to take place on 23-25 June 2020 at the Malaysia International Trade and Exhibition Centre (MITEC), Kuala Lumpur, is expected to attract more than 200 international and Malaysian aerospace companies. It will now be deferred to 17-19 November 2020 at the same venue. The decision to postpone the event was taken for the best interest of health for both international and local participants.

KLIABC is MATRADE’s signature aerospace trade event, jointly organised by Malaysia Aerospace Industry Association (MAIA) and Advance Business Events (ABE) of France. It comprises of a one-day high-level conference followed by business-to-business (B2B) meetings planned throughout the remaining two days. Among the prominent international aerospace players expected at KLIABC 2020 are Airbus, Boeing, Embraer, Rolls-Royce, Safran, Spirit Aerosystems, Thales and Daher.

MATRADE will continue to work closely with all participants and visitors to ensure the success of KLIABC 2020. For more details, please login to www.malaysia.bciaerospace.com or contact Ms. Eeinnah Liew Sook Fern (Tel: 03-62077534 /email: Alamat emel ini dilindungi dari Spambot. Anda perlu hidupkan JavaScript untuk melihatnya.), Mr. Mohd Shahrolnizam Mohd Shah (Tel: 03-62077533 /email: Alamat emel ini dilindungi dari Spambot. Anda perlu hidupkan JavaScript untuk melihatnya.) or KLIABC Secretariat (Tel: 03-62077539 /email: Alamat emel ini dilindungi dari Spambot. Anda perlu hidupkan JavaScript untuk melihatnya.)