Latest news with #MalaysiaExternalTradeDevelopmentCorporation
Barnama
29-05-2025
- Business
- Barnama
IHW 2025 Set To Attract 900 Exhibitors, Surpassing MATRADE's Target
BUSINESS KUALA LUMPUR, May 29 (Bernama) -- The upcoming International Healthcare Week (IHW) 2025 is set to break new records with over 900 local, regional, and international exhibitors, well above the initial target of 750 set by the Malaysia External Trade Development Corporation (MATRADE). The IHW will be held at the Malaysia International Trade and Exhibition Centre from July 16 to 18. MATRADE chairman Datuk Seri Reezal Merican Naina Merican announced that the event is also expected to attract more than 21,000 visitors from 26 countries, featuring a wide array of healthcare products, from pharmaceutical ingredients to clinical laboratory instruments. 'This will be the largest healthcare trade show in Southeast Asia,' he said in his opening remarks at the official launch of IHW 2025, here today. At the press conference, ASEAN Informa Markets regional portfolio director Rungphech Chitanuwat said that the surge in exhibitor participation reflects a growing international interest in Malaysia's healthcare sector, particularly in pharmaceuticals. 'The government facilitates market access and creates opportunities for international traders by evaluating and approving medicines from abroad. 'This has attracted the attention of international players in the pharmaceutical sector. When it comes to medical devices and laboratory equipment, I believe Malaysians should be proud as the country is emerging as a leader in medical tourism and hospital services,' she added. Chitanuwat noted that the growth in hospital services reflects rising demand for medical devices and equipment, which in turn fuels the overall expansion of the healthcare sector. MATRADE deputy chief executive of export acceleration Abu Bakar Yusof said the main economic impact of the exhibition would be in the business-to-business (B2B) segment.
New Straits Times
29-05-2025
- Business
- New Straits Times
Matrade targets RM13bil potential trade, investments at Expo 2025 Osaka
KUALA LUMPUR: The Malaysia External Trade Development Corporation (MATRADE) aims to unlock RM13 billion worth of potential trade and investments through its participation in the Expo 2025 Osaka, Japan. Its chief executive officer, Datuk Mohd Mustafa Abdul Aziz said MATRADE, through the Business Programme at the Malaysia Pavilion, helps local companies enter new markets and create impactful connections to boost investments, while showcasing Malaysia's strengths in key growth sectors. Anchored by the pavilion's theme, "Weaving a Future in Harmony" and aligned with the expo's vision to "Design Future Society for Our Lives", he said MATRADE's strategy reflects a forward-looking approach that connects trade with the forces shaping the future. "In this vision, trade is not separate from innovation or sustainability but part of an interconnected system, so linking people, technology and purpose positions Malaysia as a confident and collaborative contributor to shared global prosperity," he said in a statement. Mohd Mustafa said that MATRADE's role has evolved beyond conventional trade promotion, as relying solely on product showcases and buyer introductions is no longer sufficient in today's dynamic market environment. Hence, he said MATRADE's Business Programme embraces a more strategic approach, as global value chains evolve under the pressure of technology and geopolitics. "Through curated engagements such as sector-specific business matching, thematic seminars, and targeted pitching sessions, the initiative is designed to build meaningful, long-term partnerships. "With over 270 meetings held in the first month alone and RM488.88 million in sales secured, it demonstrates the impact of a more purposeful, value-led model of engagement," he said. Meanwhile, Mohd Mustafa said Malaysia's participation at Expo 2025 Osaka comes at a strategically meaningful moment, a point where national ambition meets regional leadership. He said MATRADE's approach supports key economic plans like the New Industrial Master Plan 2030 and the National Trade Blueprint, aiming to boost innovation, trade competitiveness, and promote high-value exports. This momentum is further amplified by Malaysia's current role as Asean chair in 2025, positioning the country as a unifying voice for regional integration and inclusive growth, he added. "As the sole agency driving the business programme, MATRADE is not merely showcasing Malaysian companies, but actively shaping their strategic positioning in line with broader national and regional ambitions. "This includes facilitating direct access to key Japanese and global players, particularly in high-potential sectors such as halal, electrical and electronics, green technology, and life sciences," he said. These engagements form part of a long-term national mission to establish Malaysia as a trusted, innovation-driven trade hub at the heart of the Asia-Pacific. Mohd Mustafa also emphasised that Expo 2025 Osaka is an opportunity for global collaboration in future-forward ideas, with the Malaysia Pavilion reflecting this through its focus on innovation and inclusiveness. He said the expo also offers a timely and symbolic platform to amplify Malaysia's regional voice, strengthen Asean ties, and build momentum for a more resilient and connected global economy. "Malaysia's economic journey has long been defined by adaptation and ambition, from manufacturing excellence to digital transformation," he said. Today, as the global economy pivots toward sustainability and innovation, Malaysia's trade diplomacy, led by MATRADE, is evolving in step with these shifts. Hence, the Business Programme at Expo 2025 Osaka signals more than presence; it signals intent to collaborate, lead, and unlock the next wave of high-impact trade opportunities, said MATRADE.
Borneo Post
29-05-2025
- Business
- Borneo Post
Matrade to host China-Asean Expo in Nanjing this Sept 17-21
Wee (centre), flanked by Mohammad Medan on his right and Xing, in a photo call at the promotional conference. — Photo by Mohd Faisal Ahmad KUCHING (May 29): The Malaysia External Trade Development Corporation (Matrade) will be hosting the 22nd China-Asean Expo (CAEXPO) from Sept 17-21 in Nanjing, China. For this year's expo, Matrade will focus on organising the participation of 100 high-potential enterprises in six major areas, namely food and beverage; lifestyle; medical health; digital; green energy; and innovative technology, which are in line with the global development trend, said Matrade board member Datuk Mohammad Medan Abdullah. 'In order to enhance the effectiveness of Malaysia's participation in the 22nd China-Asean Expo, we will hold a number of activities, including precise matchmaking events at the Malaysian National Pavilion, potential buyer selection meetings, and joint live broadcasts with local internet celebrities to promote Malaysian products,' he said at a promotional conference here yesterday. He said the expo has always been an important strategic platform for Malaysia to showcase itself to the world as a strong exporting country, an investment hot spot and vibrant tourism hub. 'CAEXPO brings together 10 Asean countries, China, and other Belt and Road partners to continuously deepen trade exchanges, investment cooperation and regional collaborative development.' He revealed that over 2,000 Malaysian companies have participated in the expo through Matrade since first joining in 2004, with a cumulative export sales exceeding RM66.9 billion. 'Many of these companies have successfully entered the Chinese market, which strongly proves the practical value of this platform,' he said, adding that China has remained Malaysia's largest trading partner for 16 consecutive years since 2009 and currently ranks as the third-largest export market. According to him, bilateral trade between Malaysia and China strongly rebounded in 2024 – achieving a year-on-year growth of 7.5 per cent, accounting for 16.8 per cent of Malaysia's total foreign trade. 'The bilateral trade between Malaysia and China from Jan to April 2025 alone was RM161.98 billion (approximately US$36.47 billion), with exports amounting to RM56.98 billion (approximately US$12.83 billion), driven primarily by electrical and electronic products. 'During the same period, imports from China reached RM105 billion (approximately US$23.64 billion), mainly consisting of intermediate goods,' he said. Meanwhile, Deputy Premier Datuk Amar Dr Sim Kui Hian said China has emerged as one of Sarawak's most important trade and investment partners. 'Our relationship is underpinned by increasing bilateral trade, robust cooperation in infrastructure and development, and consistent people-to-people exchanges that have nurtured a strong foundation of goodwill and shared vision,' he said in his speech read by Kuching South mayor Datuk Wee Hong Seng. Dr Sim noted this year's expo signified more than just a gathering of stakeholders, and reflected the enduring spirit of collaboration between Sarawak, Malaysia and China – a relationship that is friendly, vibrant and resilient. 'I encourage China and Sarawakian businesses here to leverage this platform not only to explore emerging markets but to forge new collaborations, cross-border investments, and win-win partnerships,' he said. Also present at the event was Consul-General of the People's Republic of China in Kuching Xing Weiping, who reaffirmed that CAEXPO would continue to provide a stage for exchanges and reciprocal cooperation between enterprises and introduce more Malaysian quality products including specialty goods from Sarawak into the Chinese market. 'We hope that through this roadshow, Chinese and Malaysian enterprises in Sarawak can have good exchanges and seize market opportunities, investment, and growth opportunities brought by China-Asean Free Trade Area (CAFTA) 3.0 to develop an open an inclusive China-Asean trade and economic relations with greater mutual benefit,' he said. CAEXPO China China-Asean Expo lead Matrade
The Star
28-05-2025
- Business
- The Star
Malaysia-China trade hits RM161.98bil from Jan-April 2025
KUALA LUMPUR: China has remained Malaysia's largest trading partner for 16 consecutive years, with trade reaching RM161.98 billion (US$36.47 billion) from January to April 2025, driven by electrical and electronics (E&E) exports. In a statement, the Malaysia External Trade Development Corporation (MATRADE) said that the country's trade ties with China have gained renewed momentum following President Xi Jinping's recent visit, which reaffirmed strategic alignment in green development, the digital economy, and regional infrastructure through initiatives such as the Belt and Road Initiative. It said that in 2024, bilateral trade between Malaysia and China grew by 7.5 per cent, accounting for 16.8 per cent of Malaysia's total trade. Meanwhile, MATRADE said it would once again lead Malaysia's participation at the 22nd China-ASEAN Expo (Caexpo) in Nanning, China, from Sept 17-21, 2025. It said the exposition (expo) targeted over 100 high-potential Malaysian companies in sectors such as food and beverage, healthcare, lifestyle, digital solutions, clean energy, and innovation, aligning with global trends and Chinese market demands. "As Malaysia assumes the ASEAN chairmanship this year, participation at the expo takes on even greater significance in reinforcing regional economic leadership, promoting inclusive growth, and strengthening its comprehensive strategic partnership with China,' it said. MATRADE said it would organise a series of strategic activities, including business matching sessions, product selection meetings, influencer-led livestream promotions, and hybrid engagement initiatives. "The partnerships with organisations like the Caexpo Secretariat and counterparts from China will further enhance engagement outcomes," it added. Additionally, MATRADE board member Datuk Mohammad Medan Abdullah said Caexpo remains a strategic gateway for Malaysian businesses, especially small and medium enterprises and entrepreneurs from Sarawak, to connect with markets across China and ASEAN. "Sarawak-based businesses need to leverage MATRADE's facilitation services to expand their footprint in China's vast market, leveraging on Sarawak's strong capabilities in renewable and green energy, high-value manufacturing and downstream resource-based industries,' he said. Since Malaysia's first appearance at Caexpo in 2004, over 2,000 Malaysian companies have participated through MATRADE, generating a cumulative export value of RM6.69 billion, underscoring the expo's impact in opening doors to the Chinese market. MATRADE said Malaysia, as an ASEAN chair, will use its participation at Caexpo to advance key regional priorities, including trade resilience, digitalisation, and equitable growth across the region. For participation and enquiries, interested companies can contact MATRADE's team or visit - Bernama
Malaysiakini
28-05-2025
- Business
- Malaysiakini
Matrade: M'sia-China trade hits RM161b from Jan-April 2025
China has remained Malaysia's largest trading partner for 16 consecutive years, with trade reaching RM161.98 billion from January to April 2025, driven by electrical and electronics exports. In a statement, the Malaysia External Trade Development Corporation (Matrade) said the country's trade ties with China have gained renewed momentum following President Xi Jinping's recent visit, which reaffirmed strategic alignment in green development, the digital economy, and regional infrastructure through initiatives such as the Belt and Road Initiative. It said that in 2024...
