2016 - Doing Business With Malaysia
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Presentation to Malaysia TPP Business Council of America on 25 August 2016
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2016 - Doing Business With Malaysia
- 1. Muhd Shahrulmiza Zakaria Trade Commissioner / Consul, MATRADE New York shahrulmiza@matrade.gov.my Doing Business With Malaysia A Presentation to Malaysia-TPP Business Council of America August 25th 2016
- 2. MALAYSIAN TRADE & INVESTMENT CENTER NEW YORK MALAYSIA EXTERNAL TRADE DEVELOPMENT CORPORATION National Trade Promotion Agency for the Malaysia Vision : Positioning Malaysia As A Globally Competitive Trading Nation Mission : Promoting Malaysia's Enterprises To The World Developing and fostering business connection between Malaysian enterprises with US companies, as well as facilitate sourcing activities from Malaysia.
- 3. Our portal - www.matrade.gov.my
- 4. MALAYSIA-USA BILATERAL TRADE PERFORMANCE EXPORTS Jan-Jun 2016 Jan-Jun 2015 2015 2014 USD10.0 bil USD8.7 bil USD7.3 bil USD6.5 bil 8% ↑15.3% ↑ TOTAL TRADE USD17.3 bil IMPORTS USD16.5 bil USD13.4 bil USD14.2 bil 5.6% ↑USD18.9 bil 14.4% ↑ 12.1% ↑ 10.5% ↑ TOTAL TRADE USD15.2 bil TOTAL TRADE USD29.9 bil SOURCE: Department of Statistics, Malaysia. Compiled by MATRADE Data calculated against average exchange rate: USD1 = RM3.90 www.matrade.gov.my TOTAL TRADE USD33.1 bil
- 6. MAJOR BENEFITS OF TPP TO MALAYSIAN COMPANIES MAJOR BENEFITS OF TPP TO US COMPANIES http://trade.gov/fta/tpp/countries/pdf/malaysia.pdf • Expanding Malaysia’s exports (to USA) – Import tariff reduction : 36% will jump to 89% – New products & services export to the USA • Enhancing the competitiveness – One rule for 11 markets • More opportunities for bilateral JV, business cooperation • Facilitating investment from Malaysia to the US market
- 9. Our Advantages WHY MALAYSIA? World Class Manufacturing Facilities Superior Quality Price Competitiveness Global Connectivity Abundant Resources Logistics Hub Business Friendliness Economic Stability
- 10. MALAYSIA Your Ideal Sourcing Destination World’s leading producer of rubber gloves. One of world’s largest producer of palm oil products.
- 11. MALAYSIA Our strengths Major supplier of high quality furniture to USA. 55% of our exports to the USA is Electrical & Electronics products. Promoting Green Industry, Technology and exports of Green Products.
- 12. MALAYSIA Our strengths Producer of high quality Lifestyle products – jewelry, fashion & apparel, gifts & premium items, stationeries. Pioneer of certification, manufacturing & trading for Halal products & services. Exporters & suppliers of organic chemical, chemical products, petrochemicals, pharmaceuticals, medical devices, transport equipment, automotive parts & components. World class service providers on ICT, business processes outsourcing, engineering & construction services, oil & gas.
- 13. Malaysian consumers love American products. CONSIDER THE FOLLOWING FACTS: Malaysia is a liberalized market. For further details on doing business in Malaysia, please email office.kualalumpur@trade.gov. Malaysia as springboard to ASEAN and West Asian markets. Growing middle to high income market segments.
- 14. Buyers : Importers, Distributors, Agents Source for Malaysian services Strategic business partners Manufacturing facilities CHOOSE MALAYSIA!
Hinweis der Redaktion
- Here are some of the reasons why you should consider sourcing from Malaysia Many factors have drawn in buyers from All over the world