Malaysia External Trade Development Corporation

THURSDAY, MAY 8, 2014, KUALA LUMPUR:Malaysian companies at the Hong Kong Gifts and Premium Fair, held from April 27-30 in Hong Kong, reported sales of RM10.65 million sales during the event.

This event was Asia’s leading Gifts and Premium show and one of the largest in the world. The Malaysian companies housed under the Malaysian Pavilion, coordinated by Malaysia External Trade Development Corporation (MATRADE) hasreceived strong interest from international buyers, particularly from China, UAE, Spain, Argentina, USA, Canada and ASEAN. Among the gift and premium products of interest were apparels, golf bags, bird nest for corporate gifts, 2D wooden art piece, mobile phone covers and pewter trophies.

HKTDC Hong Kong Gifts and Premium Fair brought together over 4,200 exhibitors from more than 35 countries including 16 national pavilions and over 30,000 trade buyers from 151 countries attended the exhibition. MATRADE leveraged on the event to highlight the strength of the Malaysian gifts and premium industry especially in terms of quality and unique design of products to meet the consumer trend.

TUESDAY, APRIL 22, 2014, KUALA LUMPUR: Malaysia External Trade Development Corporation (MATRADE) today released a statement saying that China is encouraging more private sector investment in China’s healthcare.

According to MATRADE, the new measures was jointly announced on the 9^th April 2014 by the National Development and Reform Commission (NDRC), the National Health and Family Planning Commission and the Ministry of Human Resource and Social Security aimed to increase and improve the supply of medical services in China which help to ease the problem of inadequate health provision available to the public.

China has invested approximately RMB 3 trillion (US$488 billion) into its medical care reform over the last five years. By the year 2015, the market size of medical devices and equipment in China is expected to reach US$53.70 billion.

Senior Trade Commissioner of MATRADE Beijing, Mr. Abu Bakar Yusof said, “Malaysian private healthcare services provider should penetrate China healthcare market now since China is currently welcoming more vigorous participation of non-government capital to take part in the healthcare reform. The demand for high quality healthcare services by the Chinese affluent society show there is also a need for high quality health services and supply of medical devices and equipment”.

Among the high demand products include chromoscope ultrasonic diagnostic equipment, syringes & needles & catheters & cannulae, computed tomography apparatus, medical or veterinary X-ray applications and appliances for redeeming physical defects and disabilities.

The major countries supplying are USA, Germany, Japan, Switzerland, Ireland, South Korea, UK, Netherlands, France and Singapore.

WEDNESDAY, APRIL 30, 2014, KUALA LUMPUR: The Malaysia External Trade Development Corporation (MATRADE) will be organising the participation of 20 Malaysian oil & gas companies at the Offshore Technology Conference (OTC) 2014 at Houston, Texas from 5 – 8 May 2014. This would be the third consecutive year MATRADE is organising the participation of Malaysia companies in the world’s foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection.

This year, MATRADE in collaboration with the Malaysian Petroleum Resources Corporation (MPRC) and the objectives of Malaysia's participation in OTC Houston are to promote Malaysia’s oil & gas industry and to update the Malaysian business community on the latest developments and business opportunities in the oil & gas industry. Malaysian oil & gas companies are also expected to use OTC Houston as a launching pad in expanding their business beyond USA into Latin America, Canada, Africa, and Middle East.

Products to be showcased at the Malaysia Pavilion include seamless steel pipes; carbon steel fittings & flanges; mechanical seals; aluminium & zinc anodes; onshore & offshore modular housing and wire ropes & production chemicals. The Malaysian companies will also be highlighting their service's offerings, including pipe laying barge; operating & chartering of the floating-production-storage-offloading vessel (FPSO); drilling services; leasing of oil rigs and other oilfield services.

MATRADE is also arranging one-to-one business meetings between the Malaysian exhibitors and foreign companies at the Malaysia Pavilion. As to date, more than 150 business meetings between Malaysian companies and the major oil & gas players in OTC have been scheduled.

WEDNESDAY, APRIL 16, KUALA LUMPUR: Malaysia External Trade Development Corporation (MATRADE) led a group of Malaysian companies for the first time to the Hong Kong International Lighting Fair 2014, Spring Edition (HKILF) from 6 to 9 April 2014.

Malaysian products and services received strong interest from the buyers. Products include LED products such as LED high bay, LED street light, LED flood light, LED light engine/module, decorative lighting for hotels & conventions and household. Malaysian companies that participated in the event have generated sales of RM94.3 million.

According to Trade Commissioner of MATRADE Hong Kong, Zaimah Osman, “HKILF is a good platform for the promotion of Malaysian lighting products and enabled them to secure sales not only from the East Asian countries but also from Europe, US and Middle East”.

Globally, LED applications are growing as a result of rising legislation from governments to support energy efficient lighting technologies as well as increased environmental awareness among consumers”, she added. This inaugural participation at HKILF has raised awareness on the capabilities of Malaysia companies in the LED sector.