Export Opportunities in Türkiye

Since 2022, Türkiye was Malaysia’s 18th largest trading partner and 17th largest export destination. The total export from Malaysia to Türkiye as of January to May 2023 is recorded at USD 1.68 billion, with total trade at USD 1.93 billion. Currently, the major export products to Türkiye are palm oil and palm oil-based agriculture, aluminium and articles, […]

Key Steps to a Successful Export Business

There are several factors small and medium enterprises (SMEs) need to consider and understand to penetrate the international market. Malaysian SMEs interested in building their export business are advised to register with MATRADE. MATRADE offers export advisory and training, customized programmes, export opportunities, access to the export market, financial assistance and more. Prior to exporting, exporters […]

RM400 million coconut-based project in Paitan will bear fruit in 2026

BELURAN: The Sabah government will hold a 30 per cent stake in a RM400 million high-yield coconut plantation and coconut-based manufacturing facility project in Paitan, here. Developed by Linaco Resources Sdn Bhd, the state government is setting aside 2,000 hectares of land for the project which will contribute some RM1.2 billion annually to Sabah’s economic […]

Malaysia’s Trade Performance May 2021

Malaysia’s trade maintained its upward trend in May 2021, expanding by 48.7% (RM170.88 billion), year-on-year. Exports surged by 47.3% (RM92.31 billion). Imports rose 50.3% (RM78.57 billion) and trade surplus totalled RM13.74 billion. Trade, exports and imports recorded the highest monthly value for the month of May and recorded double-digit growth for 4 straight months. Source […]

16 Types of Govt Financial Aid for M’sian SMEs in 2021, and Where to Apply for Them

Since the MCO in 2020, the government has launched multiple initiatives to help individuals and businesses cope with their financial burdens. Here, we’ve narrowed down a list of reliefs for SMEs that are currently available or open for applications in 2021, based on information we had. They were announced under Budget 2021, PERMAI, PENJANA, and PEMERKASA economic […]

Post-Pandemic Look: Hygiene Standards, At-Home Experiences and Vegan Trends

This is according to a study by researchers from the two countries whoe explored the impact of the COVID-19 pandemic on the food supply chain and recovery efforts. While the pandemic had disrupted food supply chains worldwide, it also resulted in changing consumer behaviour towards foods. In China and India, consumer buying habits have changed […]

Keeping the wheels turning

LIKE many second-generation business owners, Joe Ling, 37, was somewhat reluctant to return home to shoulder the next phase of the company’s growth. He had a cushy job in Australia and had already earned his permanent residency there. But continuity at Linaco Group became a concern. And on hindsight, Ling says it was time to […]