China slowdown impacts iron and steel industry
KUALA LUMPUR: The local iron and steel industry is facing major challenges resulting from the lack of activities in China’s construction sector, Deputy Investment, Trade and Industry Minister Liew Chin Tong said. To address this challenge, the government implemented two important decisions, one of which is a two-year moratorium to allow for reassessments to address […]
Better collaborate to attract green investments
KUALA LUMPUR: Deputy Premier Datuk Amar Awang Tengah Ali Hasan and the Minister of Investment, Trade, and Industry (MITI), Tengku Datuk Seri Zafrul Tengku Abdul Aziz, have agreed to work closely to attract more investments into Sarawak. According to a statement, the meeting between the two ministers took place at MITI’s office today (March 25), […]
Tengku Zafrul says will meet Microsoft CEO to make Malaysia digital hub of Asean
KUALA LUMPUR: Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz will hold a meeting with Satya Nadella, the chairman and chief executive officer (CEO) of Microsoft, to devise a strategy to make Malaysia the digital hub of Asean. “The ‘Kekal Bersama Malaysia’ initiative is witnessing a collaboration between Malaysia and […]
RM2.39 bln sales recorded by Mihas 2022
KUALA LUMPUR: The 18th Malaysia International Halal Showcase (Mihas) last year recorded sales of RM2.39 billion, according to the Investment, Trade and Industry Ministry (Miti). In a written reply to a query submitted in the Dewan Negara on Tuesday, the ministry said the amount comprised sales of RM1.65 billion that were reported by the exhibitors […]
No plan to review vehicles’ taxes
KUALA LUMPUR: The government has no plan to review the existing tax structure for the automotive sector, particularly the excise duty which is important for the industry’s development, said the International Trade and Industry Ministry (Miti). Its minister Tengku Datuk Seri Zafrul Abdul Aziz said excise duty plays a crucial role in encouraging value-added activities, […]
Malaysia’s trade performance up by 1.9 pct in January
KUALA LUMPUR: Malaysia maintained its impressive trade performance in January 2023 with trade, exports and imports registering the highest monthly value for the month of January. The Ministry of International Trade and Industry (Miti) said in a statement today that trade expanded by 1.9 per cent year-on-year (y-o-y) to RM207.51 billion with exports rising by […]
SIRIM sets up Hunan SIRIM Huasheng Certification company in China
KUALA LUMPUR, Dec 2 (Bernama) — SIRIM Bhd has spread its wings to China to set up Hunan SIRIM Huasheng Certification and Inspection Co Ltd, a joint venture company between SIRIM QAS International and Hunan Huasheng International Trade Consultancy to provide certification services. SIRIM chairman Tan Sri Dr Ahmad Tajuddin Ali said the joint venture company […]
Mohd Zuki to lead Malaysia’s delegation to APEC Summit
BANGKOK: Chief Secretary to the Government Tan Sri Mohd Zuki Ali, in his capacity as the Special Representative of the Prime Minister, will lead Malaysia’s delegation to the 29th Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting (AELM) in Bangkok, Thailand, from Nov 18 to 19. The International Trade and Industry Ministry (MITI) said under the […]
Proposal to hold halal show in state next year
KUCHING: Malaysia International Halal Show (MIHAS) should be held in Sarawak next year, said Datuk Sharifah Hasidah Sayeed Aman Ghazali. The Deputy Minister in the Premier’s Office (Law, Malaysia Agreement 1963 (MA63) and State-Federal Relation) made the suggestion while reading a speech by Sarawak Premier, Datuk Patinggi Tan Sri Abang Johari Tun Openg at the […]
Malaysia’s trade soars 31.4 pct to RM256.9 bln in Sept 2022
KUALA LUMPUR: Malaysia’s trade continued its upward trajectory in September 2022, rising by 31.4 per cent to RM256.91 billion compared to the same month last year — the 20th consecutive month of double-digit growth, said the Ministry of International Trade and Industry (MITI). It said exports increased by 30.1 per cent to RM144.31 billion, marking […]
