Highlights of the MITI Weekly Bulletin, Vol. 110 include:
Global Competitiveness Report 2010-2011
The Global Competitiveness Report (GCR) 2010-2011 by the World Economic Forum (WEF) based in Geneva, Switzerland covers 139 countries (GCR 2009-2010: 133 countries). GCR uses 30% statistical data (32 criteria) and 70% survey data (79 criteria) from its Executive Opinion Survey. Malaysia is ranked at the 26th position.
Micro-Financing for SMEs
Micro-finance is a proven tool for fighting poverty on a large scale. It provides small loans, also known as micro-loans, to start or expand small and self-sufficient businesses. Unlike commercial loans, no collateral is required for a micro-loan which is usually repaid within six months to a year. Micro-financing is an important mechanism for micro enterprises to achieve economic balance.
The Malaysian Standard on Globally Harmonised System (GHS) for Classification and Labelling of Chemicals (MS 1804:2008)
The Malaysian Standard on GHS for Classification and Labelling of Chemicals - Specification for the Classification, Labelling and Formulation of Safety Data Sheet for Chemical Products was developed in 2008. Compliance to the standard is still on a voluntary basis. The MS 1804:2008 is to standardise and harmonise product hazard communication system in various sectors of industrial workplace, transportation, agriculture and consumer products. The purpose of the standard is to prevent accidents, poisoning and illness resulting from the use of hazardous chemicals.
WTO for All
The Multilateral Trade Policy and Negotiations (MTPN) Division of MITI is providing a series of articles on terms, principles and concepts in the World Trade Organisation (WTO). This information sharing initiative will also serve as a platform for better understanding of the multilateral trading system. The first in this series talks about Tariffs .
• Other Economic Trends & Development
• Overseas Tender Bids (India, Saudi Arabia, Hong Kong)
• Upcoming events – including briefing & consultation sessions, trainings and specialized marketing missions
Have a look at the MWB today !