The Malaysia External Trade Development Corporation (Matrade) is optimistic that Malaysia’s exports for the first eight months of 2022 will reach RM1 trillion, based on encouraging trade performance right now.

Chief executive officer Datuk Mohd Mustafa Abdul Aziz said that to date, the country has recorded an average of RM125 billion worth of exports per month, and is on track to maintain the same performance for the rest of the year.

From January to July 2022, Malaysia's total trade stood at RM1.607 trillion, with exports at RM873.07 billion and imports at RM734.51 billion.

EUROCHAM Malaysia attended the MITI Dialogue 2022 last week which was held at the Ministry of International Trade and Investment (MITI) and used as a platform to discuss strategies and find the best solutions for developing the country’s trade and investment ecosystem.

The dialogue was chaired by Yang Berhormat Dato’ Seri Mohamed Azmin Ali, the Senior Minister of the Ministry of International Trade and Investment. There were two sessions included in the dialogue, EUROCHAM Malaysia attended the second session which was also attended by the foreign-based and services industry and associations, business councils, and chambers of commerce. This engagement welcomed the appropriate measures to be considered in the preparation of Budget 2023 which is expected to be tabled in October 2022.

On behalf of our fellow member Knight Frank, we would like to share that Knight Frank recently participated in the 2022 National Real Estate Awards (NREA) of the Malaysian Institute of Estate Agents (MIEA) and won the category of Commercial Real Estate Firm of the Year.

Congratulations to Knight Frank and the commercial team for winning the category of Commercial Real Estate Firm of the Year. It must be such an honour to have won an outstanding award, as it elevates and highlights Knight Frank’s professional and industrial milestones.

Stay tuned - To stay ahead of the curve and prepare to be relevant now and in the future.

EUROCHAM Malaysia is collaborating with the Ministry of International Trade and Industry (MITI) on a Hi-Tea session with our distinguished guest of honour, YBhg Dato' Sri Norazman Ayob, Deputy Secretary General (Industry), Ministry of International Trade and Industry (MITI).

During the Hi-Tea session, there will be a fireside chat on MITI's current policy agenda for 2022 and future plans for 2023.

EUROCHAM Malaysia attended the Budget 2023 Consultation that was held at the Ministry of Finance (MOF) on 23rd August 2022. The session was also attended by various sectors including private, education, non-governmental organisations (NGOs), international organisations (IOs), and civil society organisations who proposed the appropriate measures to be considered in the preparation of Budget 2023, which is expected to be tabled in October 2022.

The consultation included two sessions chaired by Deputy Finance Minister 1, Datuk Mohd Shahar Abdullah, and Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz respectively, and the closing speech by Prime Minister Datuk Seri Ismail Sabri Yaakob.

EUROCHAM Malaysia thanks the Ministry of Finance (MOF) for extending the invitation for our chamber to be part of this predominant session. We look forward to more engagements and sessions like these to collaborate with the relevant ministries and authorities to provide continuous support and enforcement as well as create awareness through an array of promotional and advocacy programs and campaigns.

On behalf of our corporate partner Futurise, we would like to invite all our fellow members to attend the MoU Signing between Futurise  and Iskandar Investment Berhad featuring Akademi Kecemerlangan Sukan Negara (AKSADRON) happening tomorrow!

The MoU Signing ceremony aims to foster effective implementation of competition law and policy in Malaysia, particularly with regard to current trends in competition enforcement and international cooperation in the face of recent global challenges.

YAB Dato’ Sri Ismail Sabri Yaakob, Prime Minister of Malaysia will be officiating the MoU Signing ceremony and will also feature highly respected local and internationally renowned moderators and panelists who will share, discuss, debate, and dissect significant new developments that will impact the future of competition law and the market in Malaysia.