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Transcript of MITI Weekly Bulletin Volume 135 - 29 March 2011
8/7/2019 MITI Weekly Bulletin Volume 135 - 29 March 2011
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ECONOMIC TRENDS
ECONOMIC DEVELOPMEnTSINSIDE THIS ISSUE:
MITI Weekly Bulletin 01
ECONOMIC TRENDS
First APEC Senior Ofcials’ Meeting ...........................5International Investment Agreements in APEC............5
The Trans-Pacic Partnership Agreement...................6Program ‘Outreach’ MITI dan Agensi BersamaPelajar IPTA/IPTS Negeri Kedah.................................6
Malaysia’s Success Story Top Glove Bhd ...................6
MITI Captures - Worldwide................................7
LETTERS TO THE EDITOR ..............................................9
YOUR FEEDBACK PLEASE! .............. ................. ................ ......9
BUSINESS OPPORTUNITIES..........................................10
IMPORT ENQUIRIES FROM INTERNATIONAL
COMPANIES..................................................................10
DOING BUSINESS IN SINGAPORE ..............................11
UPCOMING EVENTS ......................................................12
Malaysia - Industrial Production Index,January 2011 ...........................................................1
January 2010 to January 2011 ................................1
Growth January 2010 to January 2011 ....................2
Weekly Number of PCOs and Export Value:
AANZFTA, AIFTA, GSP & CEPT Scheme ..............2
MJEPA & MPCEPA.................................................3
ACFTA, AKFTA, AJCEP & MNZFTA.......................3
Weekly Commodity Prices...........................................4
Weekly Price Trend of Commodities ...........................4
Highest & Lowest Prices 2010/2011:Crude Petroleum & Crude Palm Oil......................4
Volume 135
29 March 2011
MALAYSIA - INDUSTRIAL PRODUCTION INDEX, JANUARY 2011
Note: All gures have been rounded to the nearest decimal point.
In January 2011, Malaysia’s industrial production
index (IPI) increased 1% compared with January
2010. The increase was mainly attributed to
manufacturing (4.5%) and electricity (0.3%).
Highest IPI by sector for January 2011 was electricity
(120.2) followed by manufacturing (114.5).
Source: Department of Statistics, Malaysia
Source: Department of Statistics, Malaysia
CHART 1: MALAYSIA - INDUSTRIAL PRODUCTION INDEX,
JANUARY 2010 TO JANUARY 2011
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Note: All gures have been rounded to the nearest decimal point
Source: Department of Statistics, Malaysia
CHART 2: MALAYSIA - INDUSTRIAL PRODUCTION INDEX, GROWTH FROM
JANUARY 2010 TO JANUARY 2011
CHART 3: MALAYSIA - WEEKLY NUMBER OF PCOs AND EXPORT VALUE UNDER
AANZFTA, AIFTA, GSP & CEPT SCHEME, JANUARY TO MARCH 2011
Source: MITI Note : The preference giving countries under the GSP scheme are members of the European Union, Norway, Switzerland, Belarus, the Russian
Federation and Turkey.
PCO : Preferential Certicate of Origin
GSP: Generalised System of Preference• CEPT: Common Effective Preferential Tariff (among ASEAN)•
AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement
• AIFTA: ASEAN-India Free Trade Agreement •
•
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CHART 4: MALAYSIA - WEEKLY NUMBER OF PCOs AND EXPORT VALUE
UNDER MJEPA & MPCEPA, JANUARY TO MARCH 2011
MJEPA: Malaysia-Japan Economic Partnership Agreement •
Source: MITI
Note : MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement •
CHART 5: MALAYSIA - WEEKLY NUMBER OF PCOs AND EXPORT VALUE UNDER
ACFTA, AKFTA, AJCEP & MNZFTA, JANUARY TO MARCH 2011
ACFTA: ASEAN-China Free Trade Agreement •
Source: MITI
Note : AKFTA: ASEAN-Korea Free Trade Agreement
AJCEP: ASEAN-Japan Comprehensive Economic Partnership•• MNZFTA: Malaysia-New Zealand Free Trade Agreement •
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Compiled by: MITI
TABLE 2: HIGHEST & LOWEST PRICES 2010/2011
Note: All gures have been rounded to the nearest decimal point.
2011 2010
Highest Lowest Current Highest Lowest
Crude Petroleum
(US$ per bbl)
105.1
(25 March)
85.6
(28 January)
105.1
(25 March)
91.4
(31 December)
68.0
(21 May)
Crude Palm Oil(US$ per MT)
1,326.0(11 February)
1,155.5(25 March)
1,155.5(25 March)
1,263.0(31 December)
767.0(5 February)
TABLE 1: WEEKLY COMMODITY PRICES
As at
25 March 2011
(US$)
% Change from
18 March 2011
As at
18 March 2011
(US$)
2010* (US$) 2009* (US$) 2008* (US$)
Crude Petroleum
(per bbl) 105.1 3.6 101.4 68.0-91.4 35.0-81.0 30.3-145.3
Crude Palm Oil
(per MT) 1,155.5 1.9 1,178.0 896.6 683.0 949.0
Raw Sugar
(per MT)708.6 0.4 705.5 594.6 412.3 305.0
Iron Ore (Pellet)
(per MT)220.0 Unchanged 220.0 162.3 108.5 196.7
Scrap Iron HMS 1&2
(80:20 mix) (per MT)
500.0 (High)
490.0 (Low)
Unchanged
Unchanged
500.0 (High)
490.0 (Low)393.1 261.7 500.0
Sources: MITI, Malaysia Palm Oil Board, Malaysian Iron and Steel Industry Federation (MISIF), Bloomberg and Czarnikow Group
Note: * Average price in the year except otherwise indicated
Figures are rounded to the nearest decimal point
March 2011 domestic price range for:
i. Billets : RM2,250 - RM2,400 per MTii. Steel bars : RM2,000 - RM2,500 per MT
CHART 6: WEEKLY COMMODITIES PRICE TREND, DECEMBER 2010 TO MARCH 2011
Sources: MITI, Malaysia Palm Oil Board and Bloomberg
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ECONOMIC DEVELOPMENTS
FIRST APEC SENIOR OFFICIALS’ MEETING
The First APEC Senior Ofcial Meeting deliberated
details of key priorities and deliverables for 2011
particularly in the areas of strengthening regional
economic integration and expanding trade, promotinggreen growth as well as advancing good regulatory
convergence and cooperation.
Market-driven innovation policies will be further
developed to address the next generation trade and
investment issues which include supply-chain, cloud
computing business models and barriers faced by
SMEs.
On APEC New Strategy for Structural Reform (ANSSR),
an Action Plan will be developed based on the common
elements for capacity building. Possible reform priorityareas for consideration include:
• ease of doing business;
• SMEs development;
• better functioning and effectively regulated nancial
markets;
• transparent and competitive markets;
• promoting labour market opportunities;
• training and education; and
• promoting effective and scally sustainable social
safety net programmes.
Access to green technology and capacity building
would be given focus to enable economies to benet
from APEC green growth initiatives. Among the areas
identied for work this year include:
• draw up a list of non-tariff measures (NTMs) inenvironmental goods (EGS) in APEC and shortlist
two EGS products for the removal of NTMs;
• implement programmes to provide timely approval
for temporary importation of a small number
of non-saleable advanced and alternative fuel
demonstration motor vehicles;
• promote low-carbon development through low-
carbon model towns;
• phase out fossil fuel subsidies without impacting
the vulnerable groups;
• develop and deploy electrical Smart Grids tofacilitate interoperability of standards between
networks, systems, devices and applications which
will help to achieve energy efciency; and
• combat trade in illegal forestry products.
On regulatory convergence and cooperation, economies
viewed that rule-making process differs between
economies and there is no “one-size-t-all” approach.
Economies agreed that good regulatory practices
should include transparency through participation
of stakeholders, harmonisation of regulations andeliminating redundant and non-compatible regulations.
APEC together with UNCTAD organised an ‘Intensive
Training Course on International Agreements in the
APEC Region’, from 7-11 March 2011, in Lima, Peru.
The objective was to expose Government ofcials by
providing a better understanding on the elements and
latest developments regarding International Investment
Agreements (IIAs). Speakers included representatives
from UNCTAD, National University of Singapore and
University of Mexico.
Key issues discussed included:
• trends and emerging issues in considering
engagement in an IIA;
• various approaches on drafting of an IIA;
• management and prevention of disputes;
• alternatives to arbitration and possibilities for
amicable settlement of disputes; and
• analysis on recent treaty practices.
The training course required participants to share their
national practices in drafting or engaging in an IIA.
Malaysia shared its experiences on:
• bilateral and regional investment agreements
INTERNATIONAL INVESTMENT AGREEMENTS IN APEC
signed and those under negotiation;
• review of signed IIAs;
• considerations and cost-benet analysis in
identifying potential dialogue partners to engage
in an IIA; and
• various provisions of an IIA, including scope,
denitions, and most favoured nation (MFN).
Impact and implications of the Lisbon Treaty were also
discussed. The European Union does not have its own
template for negotiating the investment chapter under
its current investment policy. Therefore all IIAs signed
between EU countries and other countries shall remain
even with the entry into force of the Lisbon Treaty.
Following that, negotiations for reviews or on-going IIAs
with the EU countries shall continue.
Malaysia also participated in two sets of simulationexercises of negotiating a high-standard IIA from the
perspective of a developing and developed nation.
Participation in this course has provided policy
makers and negotiators including Malaysia a better
understanding on various provisions in an IIA.
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THE TRANS-PACIFIC PARTNERSHIP AGREEMENT
The Trans-Pacic Partnership (TPP) negotiations
entered its Sixth Round in Singapore from 28 March to
1 April 2011.
Negotiations in Singapore are expected to be a
continuation of the Santiago Round Negotiators will
intensify work on the text of the various chapters and the
evaluation of initial market access offers. Discussionsat the Sixth Round are expected to move into greater
technical details. The Working Groups will discuss the
initial offers in the areas of services, investment and
nancial services.
A major issue considered during the Fifth Round was
on how the TPP could be developed into a ‘living
agreement’. It was agreed that the:
• TPP agreement must facilitate the expansion of
future membership;
• have the capacity to evolve and address future
issues; and• contain a exible administrative structure that
would not put a nancial or human resource burden
on members.
At the Sixth Round, TPP negotiators will be expected to
see how this can be incorporated into the Agreement.
Program ‘Outreach’ MITI dan agensi MITI bersama
pelajar Institusi Pengajian Tinggi (IPT) bagi siri ke 4 telah
diadakan di Universiti Teknologi MARA (UiTM) Merbok,
Kedah pada 20 Mac, 2011. Program ini dirasmikan oleh
Dato’ Mukhriz Tun Mahathir, Timbalan Menteri MITI.
Program ini melibat kerjasama antara MITI dengan
agensi MITI peringkat Wilayah Utara iaitu MIDA,
MATRADE, MPC, SMEBank, SMECorp. dan HDC serta
Bahagian Pembangunan Usahawan, MITI Putrajaya.
Program ini diketuai oleh Dato Nik Zainiah Nik Abd
Rahman serta Dato’ Wahab Hamid, Timbalan KetuaPengarah II, MIDA.
Objektif utama program adalah untuk menyalurkan
maklumat terkini mengenai peranan dan fungsi MITI
dan agensi di bawah MITI terutamanya perkara yang
berkaitan dengan keusahawanan. Ianya juga dapat
memberi peluang kepada pelajar IPT berdialog secara
langsung dengan Timbalan Menteri MITI serta tokoh-
tokoh usahawan Enterprais Kecil dan Sederhana.
Seramai 450 peserta yang terdiri dari pelajar tahun
akhir dari Universiti Teknologi MARA (UiTM) Merbok,
Universiti Utara Malaysia (UUM), Universiti Malaysia
Perlis (UNIMAP) dan Universiti Sains Malaysia (USM)
hadir diprogram ini. Selain itu, wakil-wakil akademik dan
pensyarah juga terlibat dalam menjayakan program ini.
Semasa program berlansung, banyak persoalan yang
dikemukakan oleh wakil pelajar IPT kepada Timbalan
Menteri MITI antaranya :
• isu-isu ekonomi semasa;
• peranan MITI berkaitan tadbir urus syarikat;• produk HALAL;
• ‘Young Entrepreneur Challenge’;
• perdagangan dalam dan luar negara; dan
• isu politik semasa yang mempengaruhi senario
ekonomi dunia.
Secara keseluruhan, program ini berjaya mendekatkan
para pelajar IPT untuk lebih memahami fungsi MITI
dan juga agensi terutama dalam menceburi dunia
keusahawanan.
PROGRAM ‘OUTREACH’ MITI DAN AGENSI BERSAMA
PELAJAR IPTA/IPTS NEGERI KEDAH
Top Glove Corporation Berhad telah diasaskan pada
tahun 1991 dengan impian untuk mengeksport sarung
tangan buatan Malaysia ke seluruh dunia.
Pada peringkat awal, Top Glove menghadapi banyak
kesulitan, termasuk mendapatkan kepercayaan
pelanggan, kekurangan pengetahuan teknikal,
kekurangan dana, serta sumber tenaga dan pekerjayang terhad. Malah, sehingga kini, masih terdapat lagi
cabaran terutamanya dalam memastikan Top Glove
sentiasa berada di hadapan saingan yang lain.
Walau apapun, Top Glove sentiasa berusaha untuk
mengatasi pelbagai cabaran. Fokus terhadap
MALAYSIA’S SUCCESS STORYTOP GLOVE CORPORATION BERHAD
pengeluaran produk berkualiti yang konsisten serta
harga yang kompetitif telah membolehkannnya
menembusi pasaran tempatan dan juga antarabangsa.
Pada awal penubuhan syarikat, Top Golve terpaksa
menggunakan modal sendiri serta bergantung
kepada pinjaman bank. Setelah disenaraikan di
Bursa Malaysia, Top Glove berjaya meraih RM58 juta untuk mengembangkan perniagaan syarikat.
Pada pertengahan tahun 2000, syarikat mengalami
pertumbuhan pesat, setelah ia memasuki pasaran
hutang dengan mengeluarkan bon. Menjelang 2008,
apabila semua operasi syarikat menjana aliran tunai
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MITI CAPTURES - WORLDWIDE
1. SINGAPORE: PERFORMANCE OF TOURISM INDUSTRY
Cumulative tourism receipts improvedby 49% to S$18.8 billion from January
to December 2010, exceeding the year’sforecast range of S$17.5 to S$18.5billion.
The high growth in tourism receipts wasattributed by the Singapore TourismBoard (STB) to higher per capitaspending, strong international visitor arrivals and the opening of two IntegratedResorts (IRs) in 2010. In 2010,International visitor arrivals to Singaporereached 11.6 million, registering a 20%increase year-on-year.
According to the Ministry of Tradeand Industry (MTI), the spending
of incremental visitors (namelytourists who would not have come to
Singapore if not for the IRs) generatedan estimated S$3.7 billion in value-added (or 1.7% of GDP) in the rstthree quarters of 2010.
Singapore’s two Integrated Resorts(IRs) are:
1. Marina Bay Sands (MBS) owned byLas Vegas Sands.
2. Resorts World Sentosa (RWS)owned by Genting Singapore
In terms of employment, the two IRs isestimated to have created 30,300 jobs,out of the 111,500 new jobs generated
by tourist spending in the rst three
quarters of 2010. This compares withthe initial ofcial projection that the IRs
would generate 50,000 to 60,000 new jobs throughout the economy by 2015.
The Government anticipates the IRsto directly bring in more than S$12billion of investment when they are fullycompleted, and generate new businessopportunities for local companies.
Business travellers to Singapore includeMICE delegates which form a signicantsegment of overall visitors. In 2010,the industry reported an estimated 20%surge in sales in the MICE businesses.The MICE industry is expected to growby 10% this year.
2. PHILIPPINES: INCREASED ON KEY POLICY INTEREST RATES
The Monetary Board has increased theBangko Sentral ng Pilipinas’ (BSP) keypolicy interest rates by 25 basis pointsto 4.25% for the overnight borrowingor reverse repurchase (RRP) facilityand 6.25% for the overnight lending or repurchase (RP) facility. The interest
rates on term RRPs, RPs, and specialdeposit accounts (SDAs) were alsoraised accordingly.
Basis for the Monetary Board’s decisionwas to minimise the overall impact of rising ination faced by the country withrespect to global situation pressure onthe country.
Global condition have resulted ininternational food and oil prices toescalated due to the combination of sustained strong global demand andsupply disruptions and constraints.
The latest baseline ination forecastsnow indicate that the 3 to 5% inationtarget range in 2011 could be at risk.The BSP stated that vibrant domesticdemand provides room for a policyinterest rate hike without affecting thecountry’s economic growth prospects.
The last interest rate adjustment wasdone on 9 July 2009.
yang positif, kos pengembangan syarikat mampu
dibiayai oleh dana syarikat sepenuhnya. Keadaan
kewangan yang sihat ini membolehkan Top Glove
menebus kesemua bon mereka sebelum tarikh matang.
Dalam usaha mengisi kekurangan kemahiran
teknikal, Top Glove telah bekerjasama dengan Institut
Kajian Getah Malaysia (RRI) bagi membantu dalam
penyelidikan dan pembangunan (R&D). Penekanan
dalam aktiviti R&D ini bertujuan menjadikan Top Glovesebagai pengeluar sarung tangan bertaraf dunia
yang kos-efektif, seterusnya sebagai Pusat Sehenti
Pengeluaran dan Pembekalan Sarung Tangan.
Demi mengatasi kekurangan sumber tenaga, Top Glove
telah memilih untuk menggunakan tenaga biomass
yang bukan sahaja mampu menyelesaikan masalah
sumber tenaga, malah juga mengurangkan kos.
Selepas dua dekad sejak penubuhannnya, Top Glove
telah berkembang pesat dan kini berbangga menjadi
pengeluar sarung tangan getah terbesar di dunia. Ia
juga disenaraikan di dalam Papan Kedua Bursa Saham
Kuala Lumpur pada tahun 2001, dan seterusnya telah
dinaikkan ke senarai Papan Utama hanya dalam
jangkamasa setahun.
Dari hanya sebuah kilang yang mempunyai tiga tertib
pengeluaran, Top Glove kini beroperasi dengan 20
buah kilang dan 379 tertib pengeluaran di Malaysia,
Thailand dan China. Syarikat ini juga telah mencatatpertumbuhan purata sebanyak 30% hingga 40% jualan
dan keuntungan bagi tempoh 10 tahun yang lepas.
Untuk keterangan lanjut, sila hubungi:
Top Glove Corporation Berhad.
Lot 4969, Jalan Teratai Batu 6 Off jalan Meru
41050 Klang, Selangor Darul Ehsan
Laman web : www.topglove.com.my
Tel : +603-3392 1992
Faks : +603-3392 1291
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3. PHILIPPINES: NATIONAL STANDARDS (PNS) REPORT 2010
The Bureau of Product Standards (BPS)of the Department of Trade and Industry(DTI) has developed and adopted 432new Philippine National Standards(PNS) in 2010.
To date, there are 7,310 PNS at the BPSStandards Data Center and almost 79%of these are aligned to the international
standards of the International
Organization for Standardization (ISO),the International ElectrotechnicalCommission (IEC), and the CodexAlementarius (Codex). To date, 72 PNShave been made mandatory.
PNS will undergo a series of deliberationincluding a circulation to relevant sectorsfor their technical views and comments.
PNS provides for common and repeated
use, rules, guidelines or characteristicsfor activities or their results of a productor service. It makes the development,manufacturing and supply of productsand services more efcient, safer andcleaner. It also facilitates trade betweencountries and makes it fairer as well asprovides government with a technical
base for health, safety and environmentallegislation and conformity assessment.
MITI Weekly Bulletin 08
4. CHINA: RARE EARTH POLICY DEVELOPMENT
On 16 February 2011, the Governmentprovided policy guidelines on rare earthdevelopment:
• China will strive to streamline its rareearth industry within 5 years;
• China will further accelerate industrialconsolidation, upgrading andtechnological innovation to protect the
environment and save resources;• the industry shall maintain rational
production and inventory control, makebetter use of domestic and overseasmarkets and resources, and haveactive international cooperation for ahealthy and sustainable development;and
• the Government will establish andimprove the supervision framework of laws and rules on rare earth industry,impose stricter mining policies toprotect the environment and resourcesand make reasonable plans for miningand exports.
Streamlining of Rare Earth Productionand Supply
In January 2011, the Ministry of Land and Resources announced the
establishment of 11 state-managed rareearth mining zones in Ganzhou, JiangxiProvince, an area rich in ion-absorbed-type rare earth, to protect resources andthe environment.
Currently, China is the world’s largest rareearth producer and exporter supplying95% of global rare earth demand. It is
estimated that China possesses 37% of the world’s total rare earth reserves.In 2010, rare earth export from Chinatotalled US$761 million, up 221% fromthe previous year. Japan and the US arethe major export destinations for China’srare earth in 2010.
In 2010, China reduced export quotas of rare earth by 39%, sparking complaintsfrom major importing countries such asJapan and the US.The Ministry of Commerce has publishedthe rst batch of export quotas of 14,446tonnes for 2011 – 11% lower than the
corresponding period in 2010.Environment Protection Initiatives
In December 2010, the Ministry of Environment Protection approved new
industry standards aimed at reducingpollution and to regulate practices.The new standard is expected topose operational challenges andraise environmental costs. Increasingenvironment concerns have caused thegovernment to impose more stringentrestrictions. This is also to control over-
exploitation of rare earth in undevelopedregions where large deposits are found.
Rare Earth Association
China is expected to establish a RareEarth Association in May 2011.The association will be led by a former senior ofcial of the Ministry of Industryand Information Technology (MIIT)and comprises 90 Chinese rare earthdevelopers and smelting enterprises.The association will assist the MIIT inleading the restructuring and integrationof the rare earth industry and formulatea rare earth reserve system. Access
standards for the rare earth industry arescheduled to be released in the secondquarter of 2011.
5. INDIA: REVIEW OF THE ECONOMY 2010-2011
India has released the Review of theEconomy 2010-2011.
Main highlights:
Domestic Sector
1. Economy• GDP growth in 2010-2011 is
projected at 8.6% amounted toUS$1.72 trillion. This is higher than8.0% and valued at US$1.38 trillionrecorded in the previous year.
• Per capita GDP is estimated to beat US$1,453, compared with US$1,184 in the last scal year.
• GDP for agriculture, industry andservices sectors for scal 2010-2011 were pegged at 5.4%, 8.1%and 9.6% respectively comparedwith 0.4%, 8.0% and 10.1% in the
previous scal year.2. Ination
• Average ination rate based onwholesale price index (WPI) isprojected to be 7.0% in 2010-2011.
External Sector
1. Foreign Trade• India’s merchandise exports in
2010-2011 likely to be US$230.3
billion, with a 31.6% growth fromUS$175.0 billion in 2009-2010.
• Merchandise imports to increase toUS$362.3 billion in 2010-2011 fromUS$295.5 billion in last scal.
• India’s exports during the rst ninemonths of the scal (April-December 2010) has grown by 29.5%, whereasimports grew at 19%.
• India’s merchandise trade decit for 2010-2011 is projected at US$132billion, 7.7% of GDP and is lower compared to 8.5% of GDP in 2009-2010.
• Current account decit for 2010-
2011 is projected at 3.0% of GDP,as compared with 2.8% of GDP in2009-2010.
2. Foreign Direct Investment• Inbound FDI is projected to decline
to US$27.6 billion in 2010-11 fromUS$35.6 billion in 2009-10.
• Outbound FDI is expected toincrease to US$ 18.2 billion during
2010-2011 as compared with US$16.0 billion in 2009-2010.
MeasuresIn order to sustain a 9% growth,several measureswere suggested:• containing ination by focusing on
monetary and scal policies;
• creation of infrastructure work withfocus on the power sector;
• containing current account decit at2%-2.5% of GDP;
• encouraging ow of foreigninvestment;
• greater attention to agriculture
sector;• withdrawal of stimulus packages;• scal consolidation; and• implementation of goods & services
tax (GST)
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Real GDP increased at an annual rateof 2.8% q-o-q in the fourth quarter of 2010, according to the ‘second’ estimatereleased by the Bureau of EconomicAnalysis on 28 February 2011. In thethird quarter, real GDP increased 2.6%.The increase in real GDP in the fourthquarter primarily reected positivecontributions from personal consumption
expenditures (PCE), exports, and non-residential xed investment.
The national unemployment rate fellby 0.4 percentage points for a secondmonth in a row to 9.0% in January 2011.Employment rose in manufacturingand in retail trade but was down inconstruction and in transportation andwarehousing. Employment in most other major industries changed little over the
month. The number of unemployedpersons decreased by about 600,000in January to 13.9 million, while thelabor force was unchanged.
Industrial production decreased 0.1%in January 2011 after having risen 1.2%in December. In the manufacturingsector, output increased 0.3% in
January after an upwardly revised gainof 0.9% in December. Excluding motor vehicles and parts, factory productionrose 0.1% in January. The outputof utilities fell 1.6% in January, astemperatures moved closer to normalafter unseasonably cold weather boosted the demand for heating inDecember. The output of utilitiesadvanced 4.1% in that month. InJanuary, the output of mines declined0.7%.
At 95.1% of its 2007 average, totalindustrial production in January was5.2% above its level a year earlier.The capacity utilisation rate for totalindustry edged down to 76.1%, a rate4.4 percentage points below its averagefrom 1972 to 2010.
US total foreign trade of goods and
services – total December 2010 exportsof US$163.0 billion and imports of US$203.5 billion resulted in a goodsand services decit of US$40.6 billion,up from US$38.3 billion in November,revised. December exports were US$2.8billion more than November exports of US$160.1 billion. December importswere US$5.1 billion more than November imports of US$198.5 billion.
6. USA: ECONOMY
On 1 March 2011, The United States TadeRepresentative (USTR) announced therelease of the 2011 Trade Policy Agendaof the President and the 2010 AnnualReport on US Trade Agreements.
The report elaborated on ve priorityfocus areas on trade:
1. Enhance American economic growthand employment through:• The National Export Initiative (NEI);• Export Promotion Council;• Specic trade priorities in 2011;• The Trans-Pacic Partnership (TPP);
• US Leadership in APEC;• Doha Development Agenda (DDA);
and• Russia’s Accession to the WTO.
2. Enforce America’s rights and protectinnovation in a strong rules-basedTrading System through:• innovation which is the lifeline for
future creation of new productsand services.
• Protection of innovation andenforcement of IPR will be apriority for engagement with itstrading partners.
3. Strengthen Trade Relationship withGlobal Partners:• Key markets have been identied
and further efforts will be engagedto boost the relationship.
• Promising markets identiedinclude Turkey, Ukraine, South
Africa and Indonesia.4. Partner with Poor and Developing
Countries on Trade andDevelopment
• In 2010 the US established thePresidential Policy Directive(PPD) on Global Developmentto help build capacity of selected
developing countries’ governmentsto drive development and eventuallysustain economic growth.
• The programmes offered and to beextended under the PPD include theGeneralized System of Preferences(GSP), the Andean Trade PreferenceAct (ATPA) programme and theCaribbean Basin Initiative (CBI) in2011.
5. Reect and Uphold American Valuesin Trade Policy• Trade liberalisation has been blame
for economic recession as costsoutweigh its benets
• To assure public support on futuretrade policy development, prioritieswill be linked to creating employment,economic growth, considerationon labour and environment,transparency and better publicengagement.
7. USA: TRADE POLICY AGENDA 2011 AND ANNUAL REPORT 2010 ON TRADE AGREEMENTS
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BUSINESS OPPORTUNITIES
TENDER BIDS
DETAILS
Title of tender 3/2011(4)
: Bidding Information:
Upcoming Infrastructure Contracts In Qatar: Invitation projects bidding by Qatar’s
Public Works Authority (Ashghal) for 2 packages of projects.(a) Lusail Expressway project
(b) Expressway project besides the Lusail mixed-use development and Pearl Real-Estate
Development
Country : Qatar
Closing Date : 23 May 2011 (Monday)
Summary : Qatar’s Public Works Authority (Ashghal) has invited contractors to submit bids by 23 May2011 for the rst package of the estimated US$700 million Lusail Expressway project. Theroad will run from the Arch roundabout to the area surrounding the Ritz Carlton hotel in Doha.The rst package will be 5.8km in length and will have about 16 lanes, some of which will betwo or three levels. The expressway will also include three major interchanges, slip roads,
underpasses and bicycle lanes. Construction work will take 36 months to complete.The second package, which has not yet been tendered will run besides the Lusail mixed-usedevelopment and the Pearl real-estate development. The expressway will be about 12km long.
Qatar’s Public Works Authority (Ashghal) is to provide project management services for theDoha Expressway and other major road projects over the next ve years. Ashghal is alsoplanning to appoint another project management consultant for local and minor road projectsmanagement consultant for local and minor road projects.
From 2011-12, Ashghal plans to tender 13 road projects that total 344km in length. Thisprogramme will include the 15 km-long packages 11 of the Doha Expressway and the 107kmNew Orbital Highway. From 2012-14, Doha plans to build new roads totalling 136km in length.
Further information could be obtained from the Qatar’s Public Works Authority (Ashghal)ofcial website: http://www.ashghal.gov.qa/English/Pages/default.aspx
APPAREL, GARMENT AND ACCESSORIES
PROTRADE UK LTDOakdale 15 Viceroy Parade71 High Road, N2 8AQ East Finchley,London, United Kingdom.Tel : 44 20 8444 6880Fax : 44 20 8444 6587Email : [email protected] : Mr. Ameet Patel
Director Product(s) : Sportswear, T-shirts and Singlets
BEVERAGES
CENTRAL RETAIL CO., LTDCentral Plaza Ofce Tower 1693 Paholyothin Road, Chatujak10900 Bangkok, Thailand.Tel : 662 831 7300Fax : 662 937 1711Email : [email protected] : www.tops.co.th
Contact : Ms. WannaProduct(s) : Health Fruit Drinks
GLOBAL BIZ INTERTRADE CO., LTD160/278 Moo 13, SuanluangKratumban, Samuthsakorn74110 Samutsakorn, Thailand.
Tel : 662 487 5449Fax : 662 487 5549Email : [email protected] : www.globalbizintrade.comContact : Ms. TassawanProduct(s) : Health Fruit Drinks
ELECTRICAL & ELECTRONIC PARTSAND COMPONENTS
J E E LTD., PART99/52-53 Moo 9, Soi Wat Ladprao, Ladprao Road10320 Bangkok, Thailand.Tel : 662 931 7073Fax : 662 931 6493Email : [email protected] : Mr. Chamrat LertlamnapakulProduct(s) : Electrical Wires & Cables
K.P. TRADING GROUP., LTD301/898 Soi Ramkhamhaeng 68 (Suphapong 2)Huamak, Bangkapi10240 Bangkok, Thailand.
Tel : 662 735 2500Fax : 662 175 2509Email [email protected] : www.kpgroupthailand.comContact : Mr. Thanasarn HorsuwanProduct(s) : Electrical Wires & Cables
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FURNITURE
BELLA MARIJA LTDARua Aparecida De Sao Manoel, 6303480-010 Sao Paulo, Brazil.Tel : 55 11 2726 5118Email : [email protected] Website : www.bellamarija.com.br
Contact : Ms. Patricia SantosProduct(s) : Wooden Furniture(Other Than Rubber wood)
SURE SLEEP LTDUnit 12, Grange Road Industrial Park BatleyWest Yorkhire WF17 6LL, United Kingdom.Tel : 44 1924 6099 58Email : [email protected] : Mr. Ahmed Saleem
Ofce Manager Product(s) : Bedroom Furniture
Leather & PU Sofas
HOUSEHOLD PRODUCTS
FABITRADINGPraca Patriarca Jose Bonifacio, 5911013-190 Santos, BrazilTel : 55 13 6164 7218Email : [email protected] : www.trading.comContact : Mr. Fabian
Director Product(s) : Decorative Items
GOODMORNING TOWEL
332-24, Jongno-5GAJongno-Gu, Seoul, Korea.Tel : 82 2 2279 8400Fax : 82 2 2265 2530Email : [email protected] : Mr. Cheon Kuk Seok
Director Product(s) : Chopping Boards, Kitchen Boards
PALM OIL PRODUCTS
KLG KOREA CO LTDNo 501, Bongsan Building, 280-9Yangjae-DongSeocho-Gu, Seoul, Korea.Tel : 82 2 5793 379Fax : 82 2 5793 376
Email : [email protected] : www.kig.or.kr Contact : Mr. Yoong Hoon Lee
PresidentProduct(s) : Palm Oil Sludge
PROFESSIONAL MARKETING CONSULTING64 Abdel Rahman Elrafea StreetHejaz Square Heliopolis, Cairo, Egypt.Tel : 002 02 2624 0150Fax : 002 02 3303 0484Email : [email protected],
[email protected] : Dr. Ahmed El Wakkad
Marketing Manager Product(s) : Palm Oil
SEAFOOD
ARTISTIC FOR IMPORT AND EXPORTElsheikh Zayed City, 1st District,Zayed City Center, Floor No. 2, Egypt.Tel : 002 02 3852 3071Fax : 002 02 3852 3072Email : [email protected] : Mr. Ayman R. AhmedProduct(s) : Frozen Seafood
DONGSONG SEAFOOD CO., LTDDongyoung Building, RM 301, 712 Amnam-Dong,Seo-Gu, Busan, Korea.Tel : 82 51 2565 512Fax : 82 51 2565 524Email : [email protected] : Mr. Jehoon Lee (CEO)Product(s) : Squids, Octopus
DOING BUSINESS IN SINGAPORE
SINGAPORE
Malaysian companies can access EnterpriseOne which provides wide overview of how to start or do business in
Singapore (at http://www.business.gov.sg/EN/StartingUp/ForeignBusinesses/) including information on government
assistance programmes, regulations and e-services for businesses from various Ministries, government agencies
as well as business associations. The site is managed by SPRING Singapore which is the equivalent of SME Corp.
Another useful website is Contact Singapore’s link for investors on doing business (http://www.contactsingapore.
sg/investors/investing_in_singapore/doing_business_in_singapore/) which provides information on registration of business, nding premises and recruitment.
Companies may also wish to refer to EDB’s guide to investing in Singapore (http://www.sedb.com/edb/sg/en_uk/
index/why_singapore/Guide_to_Investing_in_Singapore.html) that provides similar information as like MIDA.
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UPCOMING EVENTS
EVENTS CONDUCTED IN ENGLISH
MATRADE
TRADE FAIRS
Event Name Event DescriptionTargetGroup
Contact
WHO’S NEXT 2011Venue: FRANCE
Date : 03 - 06 Sep 2011Closing Date : 12 Apr 2011
This year will be MATRADE’s fourthparticipation in this fair. WHO’S NEXT Parisis a specialized international fashion trade
show which is integrated in the ‘Paris Capitalof Creation’ programme. WHO’S NEXT hasmanaged to strengthen its internationallinkages, featuring over 50% internationalbrands of total brands in the show. A mix of countries, colours and styles, the WHO’SNEXT fashion shows convey valuableinformation about fashion and are creativityvectors. It’s chance not to be missed!
Malaysiancompanies
Haliza Mazlin Abdul [email protected]
INDOBUILDTECH EXPO 2011Venue: Jakarta Convention
Center, JakartaINDONESIA,
Date : 22 - 26 Jun 2011Closing Date : 15 Apr 2011
Indonesia Building Technology(Indobuildtech) Expo is an annual event for
focusing on the developments in buildingmaterial and technologies. It is the biggestand most inuential international buildingmaterial exhibition taking place every year in Indonesia, covering a total exhibition oor space of 13.000 sqm, was joined by morethan 300 building materials enterprisesfrom local and overseas (excluding 58foreign exhibitors) and visited by 35.000professionals. The motive and objectivebehind the event is to bring forward therecent developments in the elds of construction activities.
Malaysiancompanies
Sarah Johana Yusof [email protected]
IMPORT GOODS FAIR 2011Venue: Pacic Hall, COEXREPUBLIC OF KOREA
Date : 09 - 11 Jun 2011Closing Date : 20 Apr 2011
Import Goods Fair or IGF has been heldsince 2003 and organized by the KoreaImporters Association (KOIMA), the onlyassociation consisted of professional buyingagents in Korea. In IGF2010, there are 162booths for 151 companies from 34 countriesand managed to attract 12,097 people,where 4,206 are trade visitors. Amongthe major targeted product categoriesinclude food & beverages, children’sgoods, home decoration goods, bathroomsupplies, cosmetics, DIY items, jewellery &accessories, sports & leisure items, electric &electronic appliances, and daily necessities.
Malaysiancompanies
Mohd Izzam [email protected]
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SPECIALISED MARKETING MISSIONS
Mission Target Group Contact
Specialised Marketing Mission on Automotive Parts andComponents to Mexico CityCity: Mexico City
Date : 13-17 Jul 2011
Closing Date : 13 Apr 2011
Malaysiancompanies
Wong Pooi [email protected]
Specialised Marketing Mission for Oil and Gas Sector to Timor LesteCity: Timor Leste
Date : 01 - 07 Jul 2011Closing Date : 25 Apr 2011
Malaysiancompanies
Faizal Izany Mastor [email protected]
Specialised Marketing Mission on Construction and Related Servicesto Jakarta, IndonesiaCity: Jakarta
Date : 26 - 29 Jul 2011Closing Date : 26 Apr 2011
Malaysiancompanies
Adli [email protected]
Specialised Marketing Mission on Building Materials andConstruction Services to Uzbekistan and KazakhstanCities: Tashkent & Almaty
Date : 31 May - 04 Jun 2011Closing Date : 29 Apr 2011
Malaysiancompanies
Adli [email protected]
Specialised Marketing Mission on Construction Services andBuilding Materials to Erbil, Iraq (in conjunction with Project Iraq2011)City: Erbil
Date : 19 - 22 Sep 2011Closing Date : 29 Jul 2011
Malaysiancompanies
Adli [email protected]
PROMOTION BOOTHS
Event Name Event DescriptionTargetGroup
Contact
AIRLINE PURCHASING &MAINTENANCE EXPO 2011
Venue: OLYMPIA GRAND HALLLONDON, UNITED KINGDOM
Date : 04 - 05 May 2011Closing Date : 04 Apr 2011
This event is rst and foremost a networkingevent, bringing together everyone workingin the commercial aviation after-market for a series of formal and informal networkingactivities, built around an informative andthought provoking 2 day conference and10,000 sq m exhibition hall, with more than250 of the world’s leading MRO suppliersexhibiting. Whether your business is aircraftmaintenance, component repair, technicalprocurement, supply chain management,or any related support activity, this is theone ‘must attend’ event in the trade show
calendar. Malaysian participation will offer opportunity to attract UK and internationalcompanies within the aerospace, aircraftmaintenance and air line purchasing tooutsource their products from Malaysia.
Malaysiancompanies
Wong Pooi [email protected]
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Event Name Event DescriptionTargetGroup
Contact
NATIONAL HARDWARE SHOW
Venue: LAS VEGASCONVENTION CENTRE
LAS VEGAS, NEVADAUNITED STATES OF AMERICA
Date : 10 - 12 May 2011Closing Date : 12 Apr 2011
National hardware show 2011 is one of thepremier tradeshows in the USA consisting of nine different events. These nine events arefocused on paint & accessories, hardware &
tools, home wares, lawn, garden & outdoor living, plumbing & electrical, storage &organization, tailgate products, investorsspotlight and international sourcing.
Malaysiancompanies
Mohamad Hariri [email protected]
THE 20TH SAUDI BUILDING &INTERIORS EXHIBITION (SBIE)
Venue: JEDDAHINTERNATIONAL EXHIBITION &CONVENTION CENTRE,JEDDAH
SAUDI ARABIADate : 25 - 28 Apr 2011Closing Date : 14 Apr 2011
Saudi building & interiors exhibition (SBIE)is a perfect marketing platform from which toaccess the vibrant and lucrative Saudi marketand take advantage of the ongoing boomin the construction and interiors sectors.Established as Saudi Arabia’s key event, theannual exhibition is highly supported with
participation from international companies,leading Saudi manufacturers, agents anddistributors, and a wide spectrum of highprole professional visitors from acrossthe kingdom and neighbouring gulf states.Providing a comprehensive showcase for manufacturers and suppliers, whether newto the market launching new products or simply wishing to increase brand awareness,the successful dual combination of buildingand interiors makes SBIE an integral part of any marketing strategy for Saudi Arabia.
Malaysiancompanies
Muhammad [email protected]
SIAL CANADA 2011, THE 8THINTERNATIONAL FOOD &BEVERAGE EXHIBITION
Venue: TORONTO METROCONVENTION CENTRETORONTO, ONTARIOCANADA
Date : 11 - 13 May 2011Closing Date : 15 Apr 2011
SIAL (Salon International deL’agroalimentaire) this year, the three daystradeshow is expecting 530 exhibitors from30 countries and 12,000 visitors from over 60 countries event prole the leading NorthAmerican agrifood show. SIAL Canadaoffers to North American and worldwideproducers and distributors, a powerfulbusiness platform to make a way intothe north American marketplace visitor’sprole a complete food technology showwhich is for bakers, restaurants, snacks &sweet manufacturers & person belongs tofood industry. Consultants, convenience
retailers, departmental stores managers,dieticians / nutritionists /food technologistsarchitects / designers / engineers,e-retailers. Restaurant management,bakery/confectionery manufacturers,airline/institutional catering managementexhibitor’s prole for exhibit includesfood processing machinery & equipment:assorted food & beverage processingequipment, drink / juice processingequipment, food sterilizing machinery/ equipment, bakery & confectioneryequipment. Food & beverages: poultry /meat / halal meat, dairy products, chilled &
frozen foods, fresh produce. Seafood: freshseafood products, seafood processing.Food ingredients: aromas, avours &fragrances, food additives / raw material.
Malaysiancompanies Sijah [email protected]
PROMOTION BOOTHS (CONT’D)
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Programmes Objectives Target Group Contact
Innovative and Creative CircleImplementation5-6 April 2011Kota Kinabalu
Understand the basic concept,operation and philosophy of ICC
Apply the concept in solving qualityrelated problems creatively
ExecutiveSupervisor Operator
Andra Syahrizal [email protected]
7 New QC Tools for QualityPractitioners5-6 April 2011Johor Bahru
Understand the 7 new QC tools andits application
Top managementExecutiveSupervisor Operator
Eamizan [email protected]
Strategic Creative and InnovativeThinking6-7 April 2011Kuching
Recognise and develop the creativethinking & linking to organisationalstrategy
Benchmarking ideas to build creativityinto problem solving to solve individual,group and organisational problems
Manager Supervisor Head of DepartmentInnovation GroupFacilitator
Izani [email protected]
Failure Mode and Effect Analysis(FMEA)13-14 April 2011Petaling Jaya
Understand the concept, philosophy,objectives and benets of using FMEA
Top managementExecutiveSupervisor
Md Shubri [email protected]
ICC for Facilitators13-14 April 2011Petaling Jaya
Understand the basic concept,operation and philosophy of ICC
Top managementExecutiveSupervisor
Nor Robaayah Mohd Noor [email protected]
Modernising Business Regulation14 April 2011Johor Bahru
Understand unproductive regulationsand create unnecessary costs,notably for small to medium-sizedenterprises
Introduce simple tool and techniquesto maximise the benet of regulationsto businesses and society
Corporate Manager Ofcer inGovernmentMinistries and
AgenciesLegal Ofcer andLocal Council
Eamizan [email protected]
Innovation Tools for Service Sector 18-19 April 2011Melaka
Understand the service innovation tools
Understand the PDCA concept andapplying it to various innovationtechniques
Gain the expertise in applying serviceinnovation tools in developing solutionsand innovations
Top managementExecutiveSupervisor
Eamizan [email protected]
Enhancing CompetitivenessThrough Process Innovation20-21 April 2011Kuching
Enhance creative skills
Apply scientic approach in processinnovation
Top managementExecutiveSupervisor
Izani [email protected]
Creating Value ThroughProductivity Analysis At Firm Level27 April 2011Kuantan and Petaling Jaya
Learn the concept of value creationand productivity analysis
Analyse & interpret productivitythrough nancial statements
Measure organisation value
Identify source of value creation
Top managementExecutiveSupervisor
Nik Faizal Nik [email protected]
Ahmad Murshid [email protected]
MPC
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PROGRAM DIKENDALIKAN DALAM BAHASA MELAYU
Program Objektif KumpulanSasaran
Hubungi
Amalan Persekitaran Berkualiti
Yang Efektif 11-12 April 2011Johor Bahru
Memahami kepentingan konsep dan
faedah amalan persekitaran berkualitike arah peningkatan produktiviti dankualiti
Memahami hubungkaitnya denganPetunjuk Prestasi Utama (KPI)
Memahami tentang persediaanuntuk persijilan amalan persekitaranberkualiti
Pengurusan
atasanPengurus /Eksekutif Penyelia
Eamizan Hasim
Audit Dalaman Amalan PersekitaranBerkualiti12-13 April 2011Petaling Jaya
Memahami kepentingan, konsep dankaedah audit dalaman sistem amalanpersekitaran berkualiti
PengurusanatasanPengurus /Eksekutif Penyelia
Samauddin [email protected]
Amalan Persekitaran Berkualiti Yang Efektif 13-14 April 2011Kuching
Memahami kepentingan konsep danfaedah amalan persekitaran berkualitike arah peningkatan produktiviti dankualiti
Memahami hubungkaitnya denganPetunjuk Prestasi Utama (KPI)
Memahami tentang persediaanuntuk persijilan amalan persekitaranberkualiti
PengurusanatasanPengurus /Eksekutif Penyelia
Izani [email protected]
Inno-Kreatif 19-20 April 2011Petaling Jaya
Menerangkan kepentingan konsepinovasi dan kreativiti kepadapembangunan organisasi dan negara
Membincangkan tentang kaedahinovasi dan kreativiti untuk diamalkandi tempat kerja sesebuah organisasi
Para peserta dapat mengasahkemahiran penyeliaan serta kerjaberpasukan bagi meningkatkan
konsep inovasi dan kreativiti
PengurusEksekutif Penyelia‘Line Leader’Setiap PeringkatPekerja di DalamOrganisasi
Ab. Wahab [email protected]
Audit Dalaman Amalan PersekitaranBerkualiti26-27 April 2011Petaling Jaya
Memahami kepentingan dan konsepAmalan Persekitaran Berkualiti
Mengetahui faedah AmalanPersekitaran Berkualiti ke arahpeningkatan produktiviti dan kualiti
Memahami kaedah melaksanakanAmalan Persekitaran Berkualitisecara berkesan dan hubungkaitdengan Petunjuk Prestasi Utama(KPI)
Memahami tentang persediaanuntuk persijilan Amalan PersekitaranBerkualiti
PengurusanatasanPengurus /Eksekutif Penyelia
Samauddin [email protected]
LATIHANMPC
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“Don’t tell people how to do things, tell them what to do and let them suprise you with their result”
George S. Paton - US Army General Ofcer, 1909-1945
KONVENSYEN
MPC
Program Objektif Kumpulansasaran
Hubungi
Mini Konvensyen ICC WilayahSelatan19 April 2011Melaka
Mendedahkan kaedah untukmembuat persembahan kepadakumpulan ICC yang baru
Memberi peluang kepada pesertadan pemerhati bertukar pengalamandalam kegiatan ICC
Memberi dorongan kepada kumpulanICC yang baru ditubuhkan untukmenunjukkan keupayaan kumpulandi dalam melaksanakan projek
Kumpulan-kumpulan ICCyang ditubuhkankurang dari 2tahun
Tidak pernahmenyertaimana-manaKonvensyen(mini/wilayah/kebangsaan)sebelumnya
Pemerhati, danSemua yang ingin
mendapatkanpendedahantentang aktivitiICC
Eamizan [email protected]
Mini Konvensyen ICC WilayahTengah26 April 2011Petaling Jaya
Mendedahkan kaedah untukmembuat persembahan kepadakumpulan ICC yang baru
Memberi peluang kepada pesertadan pemerhati bertukar pengalamandalam kegiatan ICC
Memberi dorongan kepada kumpulanICC yang baru ditubuhkan untukmenunjukkan keupayaan kumpulandi dalam melaksanakan projek
Kumpulan-kumpulan ICCyang ditubuhkankurang dari 2tahun
Tidak pernahmenyertai
mana-manaKonvensyen(mini/wilayah/kebangsaan)sebelumnya
Pemerhati, danSemua yang inginmendapatkanpendedahantentang aktivitiICC
Nor Robaayah Mohd Noor [email protected]
MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY
Block 8 & 10, Government Ofce Complex, Jalan Duta, 50622 Kuala Lumpur, Malaysia
Tel No: +603 6203 3022 Fax No: +603 6201 2573
Email: [email protected] Website: www.miti.gov.my
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