Latest news with #WiEX
Daily Express
a day ago
- Business
- Daily Express
Government commits to increasing women-owned companies
Published on: Thursday, June 12, 2025 Published on: Thu, Jun 12, 2025 By: Bernama Text Size: Women owned 219,015 businesses, making up 20.1pc of establishments in 2022 according to the Malaysian Department of Statistics (DoSM). Kuala Lumpur: The percentage of women-owned companies in Malaysia are still low compared to other Asean countries, at about 20 per cent or 210,000 companies out of all enterprises in the country. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government through the Malaysia External Trade Development Corporation (MATRADE) would strive to increase the percentage through various new programmes and policies. Advertisement 'In helping women access overseas markets more effectively, the government is committed to providing trade facilities such as MADANI Digital Trade, Malaysia International Halal Showcase (MIHAS) and also trade missions to various countries,' he said during the opening ceremony of the Women in Export (WiEX) Forum 2025 earlier this week. Tengku Zafrul said the initiative implemented was open to women entrepreneurs who wanted to explore international markets, including emerging markets such as West Asia, Africa and Eastern Europe, which have high demand for Malaysian products. 'MATRADE also constantly monitors the participation of female entrepreneurs in international exhibitions and overseas trade missions so that women can become competitive exporters on the international stage,' he said. Meanwhile, MATRADE chairman Datuk Seri Reezal Merican Naina Merican said the participation of Asian women in the economy, comprising only 30 to 35 per cent, shows that there are still untapped economic opportunities. 'Therefore, to assist women-owned companies in the export market, MATRADE has allocated 40 per cent of the RM14.89 million in export grants to 6,711 women-owned companies,' he said at the event. Regarding the organisation of WiEX, he said the forum was important as a meeting place to empower women in the export ecosystem and, by 2026, the forum would be known as the Women International Exporters Expo. 'The WiEX Forum has become the perfect platform to celebrate and recognise women entrepreneurs who want to make a name for themselves in the international arena. All the knowledge, inspiration and strategies shared today are valuable gifts that can guide their respective journeys,' he said. Therefore, Reezal Merican said MATRADE has launched an e-directory that serves as a bridge connecting products and services provided by women-owned companies. 'This platform will showcase to the world the great products and services produced by Malaysian women. It will facilitate business collaboration, build international networks and, most importantly, provide direct access to global markets. 'This initiative is in line with the National Women's Policy 2025-2030 and sustainable development goals, demonstrating the government's unwavering commitment to empowering women in the trade sector,' he added. Also present were Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, chairman of the Umno Malaysia Women's and Family Affairs Council (HAWA) Tan Sri Shahrizat Abdul Jalil and MATRADE chief executive officer Datuk Mohd Mustafa Abdul Aziz. * 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 Sun
2 days ago
- Business
- The Sun
Govt committed to increase women-owned companies
KUALA LUMPUR: The percentage of women-owned companies in Malaysia are still low compared to other ASEAN countries, at about 20 per cent or 210,000 companies out of all enterprises in the country. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government through the Malaysia External Trade Development Corporation (MATRADE) would strive to increase the percentage through various new programmes and policies. 'In helping women access overseas markets more effectively, the government is committed to providing trade facilities such as MADANI Digital Trade, Malaysia International Halal Showcase (MIHAS) and also trade missions to various countries,' he said during the opening ceremony of the Women in Export (WiEX) Forum 2025 today. Tengku Zafrul said the initiative implemented was open to women entrepreneurs who wanted to explore international markets, including emerging markets such as West Asia, Africa and Eastern Europe, which have high demand for Malaysian products. 'MATRADE also constantly monitors the participation of female entrepreneurs in international exhibitions and overseas trade missions so that women can become competitive exporters on the international stage,' he said. Meanwhile, MATRADE chairman Datuk Seri Reezal Merican Naina Merican said the participation of Asian women in the economy, comprising only 30 to 35 per cent, shows that there are still untapped economic opportunities. 'Therefore, to assist women-owned companies in the export market, MATRADE has allocated 40 per cent of the RM14.89 million in export grants to 6,711 women-owned companies,' he said at the event. Regarding the organisation of WiEX, he said the forum was important as a meeting place to empower women in the export ecosystem and, by 2026, the forum would be known as the Women International Exporters Expo. 'The WiEX Forum has become the perfect platform to celebrate and recognise women entrepreneurs who want to make a name for themselves in the international arena. All the knowledge, inspiration and strategies shared today are valuable gifts that can guide their respective journeys,' he said. Therefore, Reezal Merican said MATRADE has launched an e-directory that serves as a bridge connecting products and services provided by women-owned companies. 'This platform will showcase to the world the great products and services produced by Malaysian women. It will facilitate business collaboration, build international networks and, most importantly, provide direct access to global markets. 'This initiative is in line with the National Women's Policy 2025-2030 and sustainable development goals, demonstrating the government's unwavering commitment to empowering women in the trade sector,' he added. Also present were Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, chairman of the Umno Malaysia Women's and Family Affairs Council (HAWA) Tan Sri Shahrizat Abdul Jalil and MATRADE chief executive officer Datuk Mohd Mustafa Abdul Aziz.
The Sun
2 days ago
- Business
- The Sun
Malaysia boosts women-owned firms in exports
KUALA LUMPUR: The percentage of women-owned companies in Malaysia are still low compared to other ASEAN countries, at about 20 per cent or 210,000 companies out of all enterprises in the country. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government through the Malaysia External Trade Development Corporation (MATRADE) would strive to increase the percentage through various new programmes and policies. 'In helping women access overseas markets more effectively, the government is committed to providing trade facilities such as MADANI Digital Trade, Malaysia International Halal Showcase (MIHAS) and also trade missions to various countries,' he said during the opening ceremony of the Women in Export (WiEX) Forum 2025 today. Tengku Zafrul said the initiative implemented was open to women entrepreneurs who wanted to explore international markets, including emerging markets such as West Asia, Africa and Eastern Europe, which have high demand for Malaysian products. 'MATRADE also constantly monitors the participation of female entrepreneurs in international exhibitions and overseas trade missions so that women can become competitive exporters on the international stage,' he said. Meanwhile, MATRADE chairman Datuk Seri Reezal Merican Naina Merican said the participation of Asian women in the economy, comprising only 30 to 35 per cent, shows that there are still untapped economic opportunities. 'Therefore, to assist women-owned companies in the export market, MATRADE has allocated 40 per cent of the RM14.89 million in export grants to 6,711 women-owned companies,' he said at the event. Regarding the organisation of WiEX, he said the forum was important as a meeting place to empower women in the export ecosystem and, by 2026, the forum would be known as the Women International Exporters Expo. 'The WiEX Forum has become the perfect platform to celebrate and recognise women entrepreneurs who want to make a name for themselves in the international arena. All the knowledge, inspiration and strategies shared today are valuable gifts that can guide their respective journeys,' he said. Therefore, Reezal Merican said MATRADE has launched an e-directory that serves as a bridge connecting products and services provided by women-owned companies. 'This platform will showcase to the world the great products and services produced by Malaysian women. It will facilitate business collaboration, build international networks and, most importantly, provide direct access to global markets. 'This initiative is in line with the National Women's Policy 2025-2030 and sustainable development goals, demonstrating the government's unwavering commitment to empowering women in the trade sector,' he added. Also present were Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, chairman of the Umno Malaysia Women's and Family Affairs Council (HAWA) Tan Sri Shahrizat Abdul Jalil and MATRADE chief executive officer Datuk Mohd Mustafa Abdul Aziz.
New Straits Times
3 days ago
- Business
- New Straits Times
Many qualified Malaysian women not yet active in job market: Tengku Zafrul
KUALA LUMPUR: Malaysia continues to empower women's participation in the export sector through various strategic initiatives, in line with efforts to strengthen Asean's economic resilience and address global trade challenges. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the number of companies owned by women in Malaysia remains relatively low compared to other Asean countries. He said recent data from the Department of Statistics Malaysia (DOSM) indicate that there are about 210,000 women-owned firms in the country, representing around 20 per cent of all enterprises. Tengku Zafrul added that the country has yet to achieve full parity between men and women in the economic sphere, although Malaysia has closed 63.4 per cent of the gender gap in economic participation and opportunity. He also pointed out that women's workforce participation is at 52 per cent against 78 per cent for men in 2024, indicating underutilised potential. "This means that there are still many qualified women who are not yet active in the job market, let alone in the more challenging and competitive export sector," he said in his speech at the Women in Export (WiEX) Forum 2025. Tengku Zafrul said while there is room to enhance women involvement in the industrial and export sectors, they continue to face challenges such as limited access to market information, insufficient exposure to export needs and a lack of established business networks abroad. To help women access overseas markets more effectively, Tengku Zafrul said Investment, Trade and Industry Ministry and Malaysia External Trade Development Corporation remain committed to providing trade facilities. These include Madani Digital Trade platform, the Malaysia International Halal Showcase and trade missions across countries. "All the initiatives are open to women entrepreneurs who are keen to explore international markets, including emerging markets, such as West Asia, Africa and Eastern Europe, which present strong demand for Malaysian products. "Matrade also continuously monitors the participation of women entrepreneurs in international exhibitions and overseas trade missions. "Therefore, I would like to invite all women entrepreneurs to participate in these programs, so that you can all become competitive exporters on the international stage," he added. Tengku Zafrul said under the economic pillar of the Asean Chairmanship 2025, the ministry has also planned various forums focusing on women. The forums include Asean Women's Economic Summit 2025 on May 24-25 and the Asean Women Economic Forum on June 19, both being held for the first time in Kuala Lumpur. In conjunction with the forums, he said Asean's Women's Economic Empowerment Centre in Kuala Lumpur will be established. In a separate speech, Hawa Malaysia chairman Tan Sri Shahrizat Abdul Jalil said the centre will provide opportunities for women to advance themselves in the economic field, especially in decision-making, trade and industry. "It will empower women to dominate the economic field. Hawa Malaysia believes that unleashing and unlocking women's economic power is the solution to achieving more dynamic and vibrant economic growth in the face of the global economy," she added.
