Latest news with #ReezalMericanNainaMerican
Barnama
a day ago
- Business
- Barnama
MATRADE Supports RM2.09 Trillion Export Target By 2030
BUSINESS KUALA LUMPUR, Aug 8 (Bernama) — The Malaysia External Trade Development Corporation (MATRADE) supports the country's gross export growth target, averaging 5.8 per cent annually, to reach RM2.09 trillion by 2030. In a statement today, it said it will continue to play a strategic role in expanding global trade networks and intensifying export promotion in high-impact sectors aligned with MADANI economic principles. MATRADE chairman Datuk Seri Reezal Merican Naina Merican said the agency's initiatives will be coordinated to support the government's aspirations under the 13th Malaysia Plan (13MP). "Priority will be given to strengthening the nation's export competitiveness by empowering micro, small, and medium enterprises (MSMEs), exploring new markets, enhancing product innovation, and adapting to an increasingly complex and challenging global trade landscape by embracing digital and sustainable business models." "These efforts align with the 13MP's aspirations, which emphasise the importance of driving economic growth via increasing exports, strengthening economic inclusivity, and incorporating technology and innovation in strategic sectors," he said. Meanwhile, MATRADE chief executive officer Datuk Seri Mohd Mustafa Abdul Aziz said the export promotion programme focuses on key sectors such as electrical and electronic goods, halal, digital, agriculture, franchised products, and services. "These efforts also leverage MATRADE's network of overseas offices to help Malaysian companies effectively foray into international markets," he added. According to MATRADE, expanding export matching programmes, foreign market guidance, and the provision of capacity-building programmes such as seminars, workshops, and related courses will be implemented for MSMEs. It will also take strategic steps in planning export development and promotion programmes that align with government aspirations, particularly in developing high-growth, high-value industries. These include the electrical and electronics sector, games and digital animation, halal products, modern agriculture, global services and franchising.
New Straits Times
2 days ago
- Business
- New Straits Times
Matrade supports RM2.1tri export target by 2030
KUALA LUMPUR: The Malaysia External Trade Development Corporation (Matrade) supports the country's gross export growth target, averaging 5.8 per cent annually, to reach RM2.09 trillion by 2030. In a statement today, it said it will continue to play a strategic role in expanding global trade networks and intensifying export promotion in high-impact sectors aligned with MADANI economic principles. Matrade chairman Datuk Seri Reezal Merican Naina Merican said the agency's initiatives will be coordinated to support the government's aspirations under the 13th Malaysia Plan (13MP). "Priority will be given to strengthening the nation's export competitiveness by empowering micro, small, and medium enterprises (MSMEs), exploring new markets, enhancing product innovation, and adapting to an increasingly complex and challenging global trade landscape by embracing digital and sustainable business models." "These efforts align with the 13MP's aspirations, which emphasise the importance of driving economic growth via increasing exports, strengthening economic inclusivity, and incorporating technology and innovation in strategic sectors," he said. Meanwhile, Matrade chief executive officer Datuk Seri Mohd Mustafa Abdul Aziz said the export promotion programme focuses on key sectors such as electrical and electronic goods, halal, digital, agriculture, franchised products, and services. "These efforts also leverage Magtrade's network of overseas offices to help Malaysian companies effectively foray into international markets," he added. According to Matrade, expanding export matching programmes, foreign market guidance, and the provision of capacity-building programmes such as seminars, workshops, and related courses will be implemented for MSMEs. It will also take strategic steps in planning export development and promotion programmes that align with government aspirations, particularly in developing high-growth, high-value industries. These include the electrical and electronics sector, games and digital animation, halal products, modern agriculture, global services and franchising. "MATRADE will focus on exploring new high-potential markets such as South America, Africa, the Middle East and Eastern Europe, involving more participation in free trade agreements, business matching programmes and export acceleration missions. "The introduction of the National Trade Blueprint 2.0 will serve as a new strategic roadmap document to coordinate policies, enhance implementation efficiency, and strengthen the export ecosystem," he said.
The Sun
01-08-2025
- Business
- The Sun
Felda MD2 pineapples reach global markets, boosting settler incomes
KUALA LUMPUR: The Felda Settlers Development Programme (PPP) for MD2 pineapple cultivation has marked a significant achievement by entering international markets, directly benefiting 3,730 settlers across nine Felda schemes. Malaysia External Trade Development Corporation (MATRADE) chairman Datuk Seri Reezal Merican Naina Merican highlighted Felda's expanding role beyond oil palm, stating, 'Felda has demonstrated a strong commitment to uplifting rural communities through various high-impact projects like this, which are not solely focused on primary crops but also alternative ones that provide direct benefits to settlers and local communities.' The flag-off ceremony for the export of Felda's PPP produce was held at the Malaysia International Trade and Exhibition Centre (MITEC), with MATRADE senior board member Datuk Hazimah Zainuddin representing Reezal Merican. The PPP, a collaboration with Agrobank since 2021, covers 222 hectares in Felda schemes like Besout, Keratong, and Lembah Klau, with 10 million pineapples planted. Harvests are sold domestically at Village Grocer, Giant, and AEON Jusco, while exports reach the Middle East, Japan, and China. Trade value from MD2 pineapples and suckers has hit RM4.9 million in three years, with projections of RM18.5 million in five years. Aqina Fruits, the project operator, has engaged 40 descendants of settlers as staff, integrating modern farming techniques like IoT-based automation and drone technology. Aqina Fruits executive director Wesley Tan Seah Ging noted, 'This platform not only empowers settlers socioeconomically but also includes education, technical skills, and entrepreneurship.' - Bernama
The Star
26-06-2025
- Business
- The Star
Matrade eyes RM4.5bil trade sales from Mihas 2025
Matrade chief executive officer Datuk Mohd Mustafa Abdul Aziz. PETALING JAYA: The Malaysia External Trade Development Corp (Matrade) is setting its sights on RM4.5bil in halal trade sales for its upcoming 21st Malaysia International Halal Showcase (Mihas 2025), with the event expected to draw 45,000 visitors. The event, which includes the International Sourcing Programme (INSP) Mihas, will return in a hybrid format. The physical session will make its debut at the Malaysia International Trade and Exhibition Centre (Mitec) on Sept 17, 2025, while the virtual sessions will run from April 1 to Nov 5, 2025. Matrade aims to attract a total of 450 buyers for INSP Mihas, including 250 physical participants, 150 virtual buyers and 50 premium buyers. This compares to 330 buyers from 53 countries recorded in the previous edition, which generated RM2.53bil in sales. 'Building on the strong momentum of Mihas 2024 which generated RM4.3bil in sales and drew over 43,000 visitors from 90 countries, Mihas 2025 is poised to reach new heights,' said Matrade chairman Datuk Seri Reezal Merican Naina Merican in a statement. 'With an ambitious target of RM4.5bil in halal trade and 45,000 international visitors, we are amplifying our global impact through smarter, tech-driven connections,' he said, noting the role of the agency's artificial intelligence-powered Madani Digital Trade Platform in facilitating business matching. Matrade chief executive officer Datuk Mohd Mustafa Abdul Aziz said the decision to host INSP Mihas at Mitec reflects Malaysia's growing presence in the halal sector. 'Bringing the physical INSP Mihas to Mitec marks an important milestone for us. It offers Malaysian businesses a central platform to engage with a wider pool of global buyers and expand their reach in the international marketplace,' he said. 'As we scale up, we remain committed to forging meaningful global partnerships and creating greater market access for halal businesses around the world,' he added. INSP Mihas 2025 will involve exporters from 19 sectors such as halal food, fashion, pharmaceuticals, cosmetics, logistics, Islamic finance, information and communications technology and education. The showcase is also expected to host 1,700 exhibitors across 2,380 booths and include 45 country pavilions. Registration for the physical and virtual sessions closes on July 15 and Nov 5, respectively.
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.
