17 April 2017 - Malaysia Productivity Corporation (MPC) had successfully organized the Engagement Session with Regulatory Coordinators (RC) on the Implementation of Good Regulatory Practice today. The aim of the session were to increase the understanding among Regulatory Coordinators; updates and provides feedback on the status of GRP Implementation at ministries and agencies and get feedback on issues and challenges faced by Ministries and Agencies in the implementation of GRP. This half-day event was attended by more than 70 participants from various ministries and government agencies.

 “One of the key drivers of enhancing national productivity is to improve the efficiency of policy and regulatory processes. It is hoped that, by improving the quality of existing regulations and ensuring the quality of new regulations, the regulatory burden on businesses will be reduced substantially. Regulatory policy is about achieving government's objectives through the use of regulations,...

The Ministry of International Trade and Industry through the National Aerospace Industry Coordinating Office (NAICO) made its biggest appearance ever in the Langkawi International Maritime and Aerospace Exhibition 2017 (LIMA ‘17). This is part of MITI’s efforts in promoting the development of Malaysian aerospace and Shipbuilding & Ship Repair (SBSR) industries.

Day 1: 21 March 2017 (Tuesday)

LIMA’17 was officially opened by YAB Dato’ Sri Mohd Najib Tun Abdul Razak, Prime Minister at the Mahsuri International Exhibition Centre (MIEC) Tarmac. The Opening Ceremony was also attended by MITI Minister YB Dato’ Sri Mustapa Mohamed and MITI Deputy Minister (Industry) YB Datuk Ahmad Maslan. During the Opening Ceremony, the Prime Minister highlighted MITI’s role in the development of aerospace industry through National Aerospace Industry Coordinating Office (NAICO). The 2016 achievement of the Malaysian aerospace industry was also announced by the Prime Minister.

MITI had...

The Ministry of International Trade and Industry (MITI) organised the Anugerah Kecemerlangan Industri (AKI) 2016 or the Industry Excellence Award to recognize outstanding Malaysian companies which have achieved a certain level of excellence in the manufacturing and services sector. AKI 2016 marks the 25th Anniversary of our Industry Excellence journey. The Silver Jubilee Anniversary was held on 17 March 2017 at the MITI Tower.

The AKI was first introduced in 1991 and now uses the Business Excellence Framework (BEF) as the benchmark criteria in the evaluation process. The awards are broadly categorised under two main categories, manufacturing and services. Starting 2016, a new category which is Open Category for Multinational Companies was introduced. All winners of the categories will be automatically qualified to compete for the prestigious Prime Minister’s Award. This award is the AKI’s premier award and given in recognition of overall industry excellence.

28 Feb 2018 - YB Dato' Sri Mustapa Mohamed, Minister of International Trade and Industry together with HE Dr. Ghassan Ahmed Al-Sulaiman, Governor of Small and Medium Enterprise Authority of Saudi Arabia, officiated the Malaysia-Saudi Arabia Business Forum organized by the Ministry of Commerce and Investment, Saudi Arabia through its Commercial Office in Kuala Lumpur. The event was held in collaboration with the Ministry of International Trade and Industry (MITI), Malaysia External Trade Development Corporation (MATRADE) and Malaysian Investment Development Authority (MIDA).

The objectives of the Business Forum were to:

• Promote and highlight business and investment opportunities in Malaysia and Saudi Arabia; and

• Provide a platform to discuss and exchange views on issues related to trade and investment and ways to enhance bilateral economic relations.

More than 550 participants attended this Forum, the majority of which were prominent members of Malaysian business...

The High Commission of Canada in Malaysia and the Government of British Columbia co-hosted the British Columbia Aerospace Mission to Kuala Lumpur on 20 February 2017. The objective of the mission is to explore potential business collaboration with Malaysian aerospace industry players.

In conjunction with the mission, corporate presentations and business matching sessions were organised at The Westin Hotel Kuala Lumpur. The National Aerospace Industry Coordinating Office (NAICO), MITI was invited to deliver a presentation to a group of aerospace delegation from British Columbia, Canada.

Dato’ Sri Mustapa Mohamed, YB Minister of International Trade and Industry attended the 2016 APECMinisterial Meeting held in Lima, Peru from 17 - 18 November 2016. Under the theme of Quality Growth and Human Development APEC Ministers exchanged views on the state of the regional and global economy and how, against this backdrop, APEC can promote voluntary reforms in support of free trade and capital mobility, boost SMEs’ internationalization and participation in global value chains; and adopt shared goals to maximize the opportunities offered by digital trade, services and the knowledge economy.

1. Malaysia’s aerospace manufacturing sector has grown tremendously with a total turnover of RM6.8 billion in 2015, compared to RM600 million in 2009. The strategies to bring quality investments into Malaysia have significantly contributed to the growth of this sector.

2. The aerospace manufacturing sector is currently employing 8800 workers and is expected to contribute RM21.2 billion in terms of industry turnover by 2030. This target was set under the Malaysian Aerospace Industry Blueprint 2030 launched last year during the Langkawi International Maritime and Aerospace Exhibition (LIMA). 

3. Malaysia is currently the single source (single supplier) of specific composites parts to Airbus and Boeing. More than 50% of the composite wing parts for Airbus A320 and Boeing B737 are being supplied from Malaysia.

• Spoiler & Leading...