ID :
24884
Thu, 10/16/2008 - 17:55
Auther :
Shortlink :
http://m.oananews.org//node/24884
The shortlink copeid
ASIAN MARKET TO BE FOCUS FOR MATRADE NEXT YEAR
KUALA LUMPUR, Oct 16 (Bernama) -- The Asian market, will be the focus next year for Malaysian exports, as the region will register strong growth despite the slowdown in the global economy.
The Malaysian External Trade Development Corporation (Matrade) chief
executive officer, Noharuddin Nohar also said that many developing
countries, especially in Asia and South America would register growth.
"There is also the group of oil-producing countries which would be less
affected by the turmoil in the global economy," he told a media briefing on
Matrade's Work Programme for 2009.
He disclosed that between January and August this year, Malaysia recorded a
16.1 percent increase in total exports.
Noharuddin stated that based on projections for next year, Asia would have
promising growth, in particular against the backdrop of that registered by China
and India.
"According to the International Monetary Fund, China would still be
growing by nine percent and India at about seven percent. That is good. These
are large economies and we hope they can absorb exports not only from Malaysia
but other nations as well," he said.
He highlighted that while Matrade was looking for new activity for growth
in
traditional and emerging markets, it was not neglecting those of North America,
Europe and Japan.
"Any movement in these markets would still have a significant impact on
Malaysia's total export performance.
"Our objective is to at least sustain Malaysia's share and continue to
identify niche areas for growth. Whatever the performance in the
traditional markets, the objective for 2009 is to achieve an aggregate growth in
exports to all others," he said.
Next year, more Matrade specialised marketing missions (SMMs) will be
conducted concurrently with key international trade events to capitalise on the
presence of potential buyers.
Among the highlights of the 2009 programme is that approximately
40 percent of the trade promotion programmes would be aimed at markets in North
East Asia and Asean.
Matrade's promotion programmes next year is in response to the call from
the
Malaysian business community for a more focused and personalised
approach,offering predictable outcomes.
The Malaysian External Trade Development Corporation (Matrade) chief
executive officer, Noharuddin Nohar also said that many developing
countries, especially in Asia and South America would register growth.
"There is also the group of oil-producing countries which would be less
affected by the turmoil in the global economy," he told a media briefing on
Matrade's Work Programme for 2009.
He disclosed that between January and August this year, Malaysia recorded a
16.1 percent increase in total exports.
Noharuddin stated that based on projections for next year, Asia would have
promising growth, in particular against the backdrop of that registered by China
and India.
"According to the International Monetary Fund, China would still be
growing by nine percent and India at about seven percent. That is good. These
are large economies and we hope they can absorb exports not only from Malaysia
but other nations as well," he said.
He highlighted that while Matrade was looking for new activity for growth
in
traditional and emerging markets, it was not neglecting those of North America,
Europe and Japan.
"Any movement in these markets would still have a significant impact on
Malaysia's total export performance.
"Our objective is to at least sustain Malaysia's share and continue to
identify niche areas for growth. Whatever the performance in the
traditional markets, the objective for 2009 is to achieve an aggregate growth in
exports to all others," he said.
Next year, more Matrade specialised marketing missions (SMMs) will be
conducted concurrently with key international trade events to capitalise on the
presence of potential buyers.
Among the highlights of the 2009 programme is that approximately
40 percent of the trade promotion programmes would be aimed at markets in North
East Asia and Asean.
Matrade's promotion programmes next year is in response to the call from
the
Malaysian business community for a more focused and personalised
approach,offering predictable outcomes.
