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Ministry of International Trade and Industry Malaysia Official Blog

Tag Archives: e&e

E&E Sector Investments To Hit RM10 Billion This Year, Says Mustapa
June 17, 2015 , by admin2
KUALA LUMPUR, Nov 6 (Bernama) — Total approved investments in the electrical and electronics (E&E) sector is expected to reach RM10 billion this year on the back of the resilient global economic outlook.

 

International Trade and Industry Minister, Datuk Seri Mustapa Mohamed said from January-July this year, approved investments in the E&E sector reached RM8.4 billion with 57 approved projects, surpassing the 2014 target of RM5.1 billion.

“Investments are encouraging this year compared with last year…this is a good sign that shows that our economy is expanding.

“The economic growth forecast of between 5.5 per cent and 6.0 per cent this year is very relevant given our exports and investments growth so far,” he said in a media briefing on the E&E sector here today.

Some of the high-impact projects approved include a diversification project in wafer fabrication involving an investment of RM3.2 billion and an expansion project estimated at RM1.5 billion for a high-end...

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MITI, HR Ministries To Look Into Allegations On Forced Labour
June 17, 2015 , by admin2
KUALA LUMPUR, Nov 18 (Bernama) — The ministries of International Trade and Industry Ministry (MITI) and Human Resource will look into the allegations on forced labour the electrical and electronics (E&E) sector in Malaysia. According to news report, the US Labour Department would put Malaysian on the “International Ranking on Forced Labour” watch list in December on findings from a global non-governmental organisation, Verite, on labour issues in the sector. The US Labour Department-funded Verite highlighted several issues regarding employment in the country’s E&E sector including deceptive recruitment, poor living conditions and passport retention. “This could be on misinformation. We will have constant engagements with the relevant authorities regarding the issues. “It is important to have correct information and that should be corrected accordingly,” International Trade and Industry Minister Datuk Seri Mustapa Mohamed told Bernama Tuesday. “Sometimes, there...
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