Latest news with #Malaysia-Taiwan
Daily Express
2 days ago
- Business
- Daily Express
Tech, collabs unlock halal sector potential
Published on: Tuesday, August 19, 2025 Published on: Tue, Aug 19, 2025 Text Size: Kota Kinabalu: Sabah's agricultural and halal sectors has notable potential for local enterprises to accelerate export growth, particularly in halal-certified products, through strategic adoption of advanced technologies and collaborative partnerships targeting regional and Muslim-majority markets. This promising outlook was noted by Malaysia-China Chamber of Commerce (MCCC) Sabah Deputy President Kapitan Dr Callee Tan following the chamber's recent delegation to the 2025 Taipei International Food Show from June 25 - 28. Advertisement During the visit, Tan observed that Taiwan's sophisticated food industry approach characterised by strong brand integration, technical innovation and professional exhibition standards offers valuable lessons for Sabah's small and medium-sized enterprises seeking to strengthen their market reach and export capabilities. 'International exhibitions like the Taipei Food Show function as more than knowledge-sharing platforms. 'They serve as catalysts for integrating Sabah into global supply chains while building confidence among our local business community,' she said. The delegation, operating under President Datuk Dexter Lau's leadership, included Committee Member Benny Hon, Women Entrepreneurs Committee (WEC) representatives Lanice Ng and Winnie Liu, members William Chang, Molly Moo Li and Kenneth Liau. Also present were former Vice President Michael Pan and Former WEC Deputy Chairperson Mary Pang. At the exhibition, the largest in its history with 1,700 companies and 4,500 booths from 33 countries, the Sabah representatives engaged extensively with international exhibitors, focusing on food processing technology, halal product developments, smart packaging innovations and cross-border e-commerce solutions. The visit reinforces Sabah MCCC's commitment to supporting member enterprises in expanding their regional and global presence. The initiative reflects a step toward strengthening Malaysia-Taiwan bilateral cooperation in food and halal industries, positioning Sabah as a competitive, export-focused food production centre. The delegations' engagement with exhibitors from major markets including Japan, Australia, South Korea and Singapore, as well as with the prominent USA Pavilion featuring over 80 companies specialising in cold chain logistics and health nutrition products, provided crucial insights into global industry trends and opportunities for Sabah's food sector development. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Star
23-06-2025
- Business
- The Star
Malaysia-Taiwan trade surges 36.8% to RM92.77bil in first five months of 2025
KUALA LUMPUR: Malaysia-Taiwan trade has flourished with bilateral trade surging by 36.8 per cent to RM92.77 billion in the first five months of this year, said Malaysia External Trade Development Corporation (MATRADE). MATRADE China, Northeast Asia, ASEAN and Oceania director Mazlan Harun said Malaysia's exports to Taiwan stood at RM32.30 billion while imports surged to RM60.47 billion during this period, marking growth rates of 30.6 per cent and 40.3 per cent, respectively, a continuing positive momentum in 2024. "The trade composition underscores a high degree of industrial complementarity, particularly in electrical and electronic products, optical and scientific equipment and petroleum-based goods, reflecting both economies' strategic roles in regional and global value chains,' he said in his opening remarks at the Taiwan Expo 2025 at the Kuala Lumpur Convention Centre today. He said while trade figures reflect strong performance, it is the tangible business opportunities that truly drive the partnership forward. "Taiwan's strengths in innovation, product development and manufacturing offer practical entry points for Malaysian companies, especially small and medium-sized enterprises (SMEs), to explore partnerships and build supply chain connections. "At the same time, Malaysia's capabilities in halal products, food and beverage, and smart manufacturing, combined with its strategic position as a gateway to ASEAN and the Organisation of Islamic Cooperation markets, provide Taiwanese businesses with promising prospects for expansion,' he said. He said this shared potential continues to strengthen the foundation for long-term business growth and cooperation, particularly through platforms such as the Taiwan Expo. "As we chart the path forward, MATRADE remains steadfast in its commitment to supporting impactful trade engagements and nurturing commercially viable, long-term partnerships. "With an office in Taipei, MATRADE is well-positioned to facilitate closer business linkages. We believe Taiwan Expo 2025 will open new doors for growth and innovation, while further deepening the trust and goodwill that have long characterised Malaysia-Taiwan relations,' he added. - Bernama
Malaysian Reserve
23-06-2025
- Business
- Malaysian Reserve
Malaysia-Taiwan trade surges 36.8% to RM92.77b in first five months of 2025
KUALA LUMPUR — Malaysia-Taiwan trade has flourished with bilateral trade surging by 36.8 per cent to RM92.77 billion in the first five months of this year, said Malaysia External Trade Development Corporation (MATRADE). MATRADE China, Northeast Asia, ASEAN and Oceania director Mazlan Harun said Malaysia's exports to Taiwan stood at RM32.30 billion while imports surged to RM60.47 billion during this period, marking growth rates of 30.6 per cent and 40.3 per cent, respectively, a continuing positive momentum in 2024. 'The trade composition underscores a high degree of industrial complementarity, particularly in electrical and electronic products, optical and scientific equipment and petroleum-based goods, reflecting both economies' strategic roles in regional and global value chains,' he said in his opening remarks at the Taiwan Expo 2025 at the Kuala Lumpur Convention Centre today. He said while trade figures reflect strong performance, it is the tangible business opportunities that truly drive the partnership forward. 'Taiwan's strengths in innovation, product development and manufacturing offer practical entry points for Malaysian companies, especially small and medium-sized enterprises (SMEs), to explore partnerships and build supply chain connections. 'At the same time, Malaysia's capabilities in halal products, food and beverage, and smart manufacturing, combined with its strategic position as a gateway to ASEAN and the Organisation of Islamic Cooperation markets, provide Taiwanese businesses with promising prospects for expansion,' he said. He said this shared potential continues to strengthen the foundation for long-term business growth and cooperation, particularly through platforms such as the Taiwan Expo. 'As we chart the path forward, MATRADE remains steadfast in its commitment to supporting impactful trade engagements and nurturing commercially viable, long-term partnerships. 'With an office in Taipei, MATRADE is well-positioned to facilitate closer business linkages. We believe Taiwan Expo 2025 will open new doors for growth and innovation, while further deepening the trust and goodwill that have long characterised Malaysia–Taiwan relations,' he added. — BERNAMA
New Straits Times
23-06-2025
- Business
- New Straits Times
Malaysia-Taiwan trade up 36.8pct to RM92.77bil in first five months of 2025
KUALA LUMPUR: Malaysia-Taiwan trade has flourished with bilateral trade surging by 36.8 per cent to RM92.77 billion in the first five months of this year, said Malaysia External Trade Development Corporation (MATRADE). MATRADE China, Northeast Asia, Asean and Oceania director Mazlan Harun said Malaysia's exports to Taiwan stood at RM32.30 billion while imports surged to RM60.47 billion during this period, marking growth rates of 30.6 per cent and 40.3 per cent, respectively, a continuing positive momentum in 2024. "The trade composition underscores a high degree of industrial complementarity, particularly in electrical and electronic products, optical and scientific equipment and petroleum-based goods, reflecting both economies' strategic roles in regional and global value chains," he said in his opening remarks at the Taiwan Expo 2025 at the Kuala Lumpur Convention Centre today. He said while trade figures reflect strong performance, it is the tangible business opportunities that truly drive the partnership forward. "Taiwan's strengths in innovation, product development and manufacturing offer practical entry points for Malaysian companies, especially small and medium-sized enterprises (SMEs), to explore partnerships and build supply chain connections. "At the same time, Malaysia's capabilities in halal products, food and beverage, and smart manufacturing, combined with its strategic position as a gateway to ASEAN and the Organisation of Islamic Cooperation markets, provide Taiwanese businesses with promising prospects for expansion," he said. He said this shared potential continues to strengthen the foundation for long-term business growth and cooperation, particularly through platforms such as the Taiwan Expo. "As we chart the path forward, MATRADE remains steadfast in its commitment to supporting impactful trade engagements and nurturing commercially viable, long-term partnerships. "With an office in Taipei, MATRADE is well-positioned to facilitate closer business linkages. We believe Taiwan Expo 2025 will open new doors for growth and innovation, while further deepening the trust and goodwill that have long characterised Malaysia–Taiwan relations," he added.
