Press Releases 2015
Malaysian Companies Tap on Mexican and Canadian Aerospace Market (19 November 2015)
MALAYSIAN COMPANIES TAP ON MEXICAN AND CANADIAN AEROSPACE MARKET
THURSDAY, NOVEMBER 19, 2015, KUALA LUMPUR: Malaysia External Trade Development Corporation (MATRADE) has identified Canada and Mexico as potential export markets for the Malaysian aerospace companies. Tapping on this opportunity, MATRADE has organised a Specialised Marketing Mission (SMM) recently to match Malaysian aerospace players with the buyers from both Mexico and Canada.
The participating Malaysian companies came from various aerospace-related industries namely manufacturing of high precision & critical components, plastic injection of mould products, metal base components & large dies, airport infrastructure management, human capital development, aerospace legal entity and state investment arm, among others. During the SMM, MATRADE had pre-arranged over 100 business meetings for the Malaysian suppliers with potential Canadian and Mexican buyers. A total of eight Malaysian companies participated in the mission.
As a result of the business meetings, the Malaysian aerospace companies had collectively generated over RM605 million of future sales.
Dato’ Dzulkifli Mahmud, MATRADE’s chief executive officer said, “We are delighted with the outcome of the mission. The close co-operation and the sharing of resources between MATRADE and the Malaysian companies have proved fruitful. The mission resulted in some promising short-term and long-term impact that could benefit Malaysian aerospace industry.â€
“MATRADE will continue to support and assist the Malaysian companies in the aerospace industry. These local players should leverage on the network MATRADE has established over the years and learn from the other countries via our SMM, so they could contribute to developing a more structured aerospace industry for the country. This is vital for us to establish Malaysia as a regional aerospace hub,†he added.
In 2014, Malaysia exported RM43 million and RM32 million worth of aerospace products & services to Mexico and Canada, respectively. For the period of January to August 2015, exports of aerospace-related products & services were valued at RM24 million to Mexico and RM44 million to Canada. The main products exported included aircraft parts and components.
Malaysia Company KYROL Security Labs Signs MoA With Iranian IT Company (17 November 2015)
MALAYSIA COMPANY KYROL SECURITY LABS SIGNS MOA WITH IRANIAN IT COMPANY
TUESDAY, NOVEMBER 17, 2015, KUALA LUMPUR: Malaysian Information and Communications Technology (ICT) companies will have the opportunity to meet a delegation of foreign buyers at an International Sourcing Programme (INSP) organised by Malaysia External Trade Development Corporation (MATRADE). The event takes place from 17 to 18 November at Menara MATRADE.
The MoA was signed by Mr Khairul Shapawi Abdul Karim, Director of Kyrol Security Labs and Maysam Mirzakhalili, CEO of Molkedanesh in the presence of Dato’ Dzulkifli Mahmud, CEO of MATRADE and Madam Sharimahton Mat Saleh, Director of Electrical and Electronic & ICT services, MATRADE.
The collaboration sees Kyrol Security Labs establishing their presence in Iran through transfer of expertise, including technical support and training in basic areas such as virus and malware detection to complex threat removal and firewall protection.
According to Kyrol Security Lab’s director, “We identified Molkedanesh as a potential partner during our recent participation in MATRADE-led Tehran International Industry Exhibition, in early October this year. Our attempt to expand market share in this region has been very positive so far, and we look forward to creating long-term business relationship with our partner, in terms of delivering a strategised and integrated security solutions to Iran and its neighbouring regions.â€
In addition to the MoA signing ceremony, Kyrol Security Labs and other 29 Malaysian ICT companies were also provided with opportunities to network and meet with foreign buyers from Myanmar, Thailand, Philippines and Indonesia through business matching activities at the INSP. The programme is organised by MATRADE to further enhance and facilitate the exports of Malaysian ICT services worldwide.
MATRADE Shares Insight on Export Opportunities in Latin America Market (17 November 2015)
MATRADE SHARES INSIGHTS ON EXPORT OPPORTUNITIES IN LATIN AMERICAN MARKET
TUESDAY, NOVEMBER 17, 2015, KUALA LUMPUR: Malaysia External Trade Development Corporation (MATRADE) organised a seminar titled Understanding Latin American Market: Opportunities for Malaysian Product and Services in Chile and Its Neighbouring Countries. The seminar took place today at Perdana Hall in Menara MATRADE.
The market awareness programme included a half-day briefing focusing on the Latin American market, particularly Chile and its neighbouring countries. The briefing aimed to encourage more Malaysian companies to benefit from the Malaysia-Chile Free Trade Agreement (MCFTA) and the Trans Pacific Partnership (TPP).
This market briefing was presented by MATRADE’s Trade Commissioner to Santiago, Ms. Noor Ezzwanee Ahmad who shared insights on doing business with Chile and its neighbouring countries, information on market opportunities and effective strategies to access the Chilean market including trade rules and regulations.
Chile is considered a gateway to Latin America due to its stable microeconomic policies and prudent fiscal measure. With the MCFTA, which took effect on 25 February 2015, the bilateral trade between Malaysia and Chile has been strengthened and is expected to further accelerate with the TPP.
Malaysia’s trade with Latin America in 2009 was RM987.2 billion and in 2014 it has increased to RM 1.5 trillion. In 2009, total export to the Latin America market was RM553 billion and in 2014 the number recorded 38 per cent increase to reach RM765.4 billion. Between the period of Jan to Sept of 2015, Malaysia’s total export to Latin America was valued at RM568.2 billion.
Among the top export destinations in Latin America are Mexico, Brazil, Chile, Argentina, Panama and Peru. The main products exported to this region include electrical & electronics, rubber products, machinery, appliances & parts, chemical & chemical products, transport equipment and palm oil.
To obtain useful market intelligence, Malaysian companies are urged to engage with MATRADE’s Santiago trade office and email to This email address is being protected from spambots. You need JavaScript enabled to view it.. For details of MATRADE’s future training sessions and seminars, email to This email address is being protected from spambots. You need JavaScript enabled to view it. / This email address is being protected from spambots. You need JavaScript enabled to view it. / This email address is being protected from spambots. You need JavaScript enabled to view it.
MATRADE Matches Malaysian ICT Players With Foreign Buyers in Kuala Lumpur (17 November 2015)
MATRADE MATCHES MALAYSIAN ICT PLAYERS WITH FOREIGN BUYERS IN KUALA LUMPUR
TUESDAY, NOVEMBER 17, 2015, KUALA LUMPUR: Malaysian Information and Communications Technology (ICT) companies will have the opportunity to meet a delegation of foreign buyers at an International Sourcing Programme (INSP) organised by Malaysia External Trade Development Corporation (MATRADE). The event takes place from 17 to 18 November at Menara MATRADE.
The INSP will ease and grant quick access for Malaysian companies to forge new partnerships with potential buyers from overseas. The programme will see MATRADE hosting a delegation of 10 buyers from Thailand, the Philippines, Myanmar, Indonesia, Iran and Turkey who are keen to source for Malaysian ICT products and services.
According to MATRADE’s chief executive officer, Dato’ Dzulkifli Mahmud, this specialised sourcing programme complements MATRADE’s other trade promotion programmes. He added that the Malaysian companies selected to meet the foreign buyers were identified based on market demands. “The INSP will save communication time and travelling costs for the Malaysian companies to meet with international buyers as all is being done at their home ground,†Dato’ Dzulkifli opined.
The Malaysian companies at the sourcing programme offer solutions and services for the banking sector, education, training and retail, amongst others. Meeting them are foreign buyers who comprise agents and distributors. Apart from networking, both Malaysian companies and the buyers will be performing a few one-on-one business meetings. Other activities lined up during the two day programme include a Memorandum of Agreement (MoA) signing ceremony between a Malaysian company and a foreign partner.
Malaysian companies, particularly SMEs, are encouraged to register as a MATRADE member online at www.matrade.gov.my to participate in MATRADE’s programme. As Malaysia’s trade promotion agency, MATRADE organises various trade promotion programmes which include participation in international trade fairs and trade missions. The agency also provides advisory on export and market intelligence for Malaysian companies.
Thailand Proves Profitable for Malaysian ICT Companies (16 November 2015)
THAILAND PROVES PROFITABLE FOR MALAYSIAN ICT COMPANIES
MONDAY, NOVEMBER 16, KUALA LUMPUR: Participation of Malaysian Information and Communications Technology (ICT) companies in a recently held Specialised Marketing Mission (SMM) to Bangkok, Thailand, reaped a total of RM100 million sales in both actual and potential sales under negotiation.
The SMM – a signature programme of Malaysia External Trade Development Corporation (MATRADE) – took place from 27 till 30 October 2015. It involved 18 Malaysian companies supplying various ICT services ranging from banking, financial services & insurance (BFSI), retail, security, agriculture, education to telecommunication. The sales outcome of the mission was a result 170 one-on-one business meetings organised by MATRADE for the Malaysian companies.
Director of Electrical & Electronic and ICT Section of MATRADE Puan Sharimahton Mat Salleh mentioned, “Thailand, as ASEAN’s second largest buyer of ICT products and services, is a market that needs to be on every Malaysian companies export destination. The healthy acceptance towards Malaysian ICT companies in the Thai market shows that there is growing demand for Malaysian ICT products and services, which are considered to be of high quality and delivery standards among the Thai buyers.â€
“The business communities in Malaysia and Thailand are encouraged to work and complement each other via strategic alliances so they could leverage on the opportunities available in both countries. Such strategic collaborations increase their chances to venture into the third countries around ASEAN, especially when the ASEAN Economic Community is materialising by end of this year,†she added.Through the SMM, it was also noted that the ICT services most sought after by thebuyers are those with value-added features such as telephony and data solutions,point-of-sales (POS) and talent outsourcing management.
In 2014, the total trade between Malaysia and Thailand was RM85.3 billion. Malaysia’s export to Thailand was RM43 billion and the top-three exported products to Thailand were petroleum products; machinery, appliances & parts; and electrical &electrical products. Of the amount, Malaysia exported RM4.1 billion worth of ICT products to Thailand last year. In the same year, Malaysia imported Thai products valued at RM42.3 billion among which were natural rubber, automotive parts andpetroleum products.
