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Datuk Seri Mustapa Mohamed

Recognising Jerusalem As Israel Capital Will Destabilise World Trade

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KUALA LUMPUR – Recognising Jerusalem as the capital of Israel will cause a rift in world trade and affect the global economy and its growth, said Minister of International Trade and Industry Datuk Seri Mustapa Mohamed. He said the move would not only be a threat to harmonious international trade relations and world peace but…

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Malaysia, Indonesia Discuss Outstanding Bilateral Trade Issues

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KUCHING – The third Malaysia-Indonesia Joint Trade and Investment Committee (JTIC) Ministerial Meeting here today discussed several key outstanding issues affecting bilateral trade between Malaysia and Indonesia, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed. He said the meeting, among others, reviewed the 1970 Border Trade Agreement: Trade restriction on Tebedu-Entikong border; recognition of Malaysia’s…

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Datuk Pa, A Man Of The People

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KOTA BHARU – Datuk Seri Mustapa Mohamed, the MP for Jeli who is fondly called Datuk Pa or Tok Pa, is a man in constant touch with the people despite his duties as a minister that often takes him away from Kelantan or the country. His constituents know that they can rely on him for any help as he is as approachable as…

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Govt To Focus On Services Sector Exports

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KUALA LUMPUR – The government is increasing its focus on the services sector exports in an effort to diversify Malaysia’s trade portfolio. International Trade and Industry (MITI) Minister, Datuk Seri Mustapa Mohamed, said the ministry would be more aggressive in encouraging the growth of the services sector, especially in the creative industry. He said the…

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Choice Of Investor For Proton Is DRB-Hicom’s Decision

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KUALA LUMPUR – The choice of the strategic investor to lead Proton Holdings Bhd was the absolute decision by DRB-Hicom Bhd as the owner of the national car manufacturer, said Minister of International Trade and Industry, Datuk Seri Mustapa Mohamed. “It’s up to DRB-Hicom to make that decision and it is not related to the…

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Indonesia To Help Over Export Of Halal Products

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JAKARTA – Indonesia would find the best method to facilitate the entry of halal products from Malaysia into the republic without having to undergo the tedious process currently, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed. Indonesia’s willingness to do this, he said, was announced by Minister of Villages, Disadvantaged Areas and Transmigration,…

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APEC Ministers To Discuss TPPA Direction In Vietnam

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KUALA LUMPUR – International Trade and Industry Minister Datuk Seri Mustapa Mohamed said a detailed discussion on the direction of the Trans-Pacific Partnership (TPP) is scheduled to be held in Vietnam during the Asia-Pacific Economic Cooperation ministers’ meeting this May. Mustapa said most countries in the TPP agreement (TPPA), including Malaysia, have yet to decide…

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Malaysia On Track To Become Global Halal Hub By 2020

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KUALA LUMPUR – Malaysia is on track to achieve global halal hub status by 2020, backed by a holistic ecosystem, said Minister of International Trade and Industry Datuk Seri Mustapa Mohamed. He said the country remained the leader in the halal industry worldwide as it went beyond food and beverage to other sectors including Islamic…

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Malaysia-Britain Bilateral Trade Not Disrupted, Post Berexit, Says Mustapa

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KUALA LUMPUR – Bilateral trade between Malaysia-Britain has not been interrupted, post-Brexit, says Minister of International Trade and Industry Datuk Seri Mustapa Mohamed. “As you know, we have a number of British companies that have invested here, including Rolls Royce, which has partnered the UMW Group to open a new facility here in the next…

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Mustapa To Attend AEM Meeting In Manila

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KUALA LUMPUR – International Trade and Industry Minister (Miti) Datuk Seri Mustapa Mohamed will attend the 23rd ASEAN Economic Ministers’ (AEM) Retreat and Related Meetings in Manila from March 8-10. In a statement today, Miti said the ASEAN economic ministers would exchange views and deliberate on commemorative activities for the 50th Anniversary of the regional…

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Mida Approves Investments Of RM207.9 BLN For 4,972 Projects

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KUALA LUMPUR – The Malaysian Investment Development Authority (Mida) approved investments of RM207.9 billion for 4,972 projects in the manufacturing, services and primary sectors in 2016. International Trade and Industry Minister Datuk Seri Mustapa Mohamed said Malaysia continued to sustain its investment growth momentum, despite the slowdown in world economies which led to weak aggregate…

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Malaysian, Saudi Firms Sign Seven Mous Worth RM9.74 Bln

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KUALA LUMPUR – Malaysian and Saudi Arabian companies today signed seven memorandum of understandings (MOUs) in various areas, including construction, halal cooperation, aerospace and haj services, with an estimated total value of about RM9.74 billion. Minister of International Trade and Industry, Datuk Seri Mustapa Mohamed, said the signing of the MOUs signalled growing interests from…

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MITI Hopes For Double-Digit Export Growth In F&B To Saudi Arabia

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KUALA LUMPUR – The Ministry of International Trade and Industry Ministry (MITI) has urged Malaysian entrepreneurs to seize the opportunity to participate in Saudi Arabia’s food and beverage (F&B) industry, and hopes for a double-digit growth in exports for the sector. Its Minister, Datuk Seri Mustapa Mohamed said Malaysia’s F&B export to Saudi Arabia was…

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Malaysia To Step Up Trade With ASEAN, Asian Countries

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KOTA BHARU – Malaysia will step up trade with ASEAN countries and Asian countries with the official withdrawal of the US from the Trans-Pacific Partnership (TPP) on Jan 23. International Trade and Industry Minister Datuk Seri Mustapa Mohamed said ASEAN member states would the main focus of Malaysia’s trade, followed Northeast Asian countries like China,…

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M’sia To Consider Other Options

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KUALA LUMPUR: Malaysia will consult other Trans-Pacific Partnership (TPP) countries to consider all options following the official withdrawal of the United States from the free trade agreement. International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the TPP chief negotiators from the other 11 countries will be in constant communication with each other to…

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‘Missed Opportunity’ For Malaysia If TPP Not Implemented: Malaysian Minister

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KUALA LUMPUR: It will be a “missed opportunity” for Malaysia if the Trans-Pacific Partnership Agreement (TPPA) fails to materialise, said the country’s International Trade Minister Mustapa Mohamed on Tuesday (Jan 24) in a statement. His statement comes after US President Donald Trump signed an executive order on Tuesday to pull the US out of the…

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Too Early To Tell Impact Of Us Interest Rate Hike On M’sian Trade: Mustapa

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KUALA LUMPUR – International Trade and Industry Minister Datuk Seri Mustapa Mohamed said it was still too early to see the impact of the US interest rate hike on Malaysia’s trade. However, he said the hike was expected and had been factored in by currency markets globally. “There has been an expectation that the Fed…

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Malaysia Investments At RM150.8bil For Jan-Sept 2016

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KUALA LUMPUR: Malaysia recorded investments totalling RM150.8 billion in the manufacturing, services and primary sectors for the first nine months of 2016. Although, the number of projects dropped 3.7 per cent from RM156.6 billion in the same period last year, it will create 117,550 job opportunities. International Trade and Industry Minister Datuk Seri Mustapa Mohamed,…

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Nazir Razak A Prominent Difure In Malaysia, Asean

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HANOI – International Trade and Industry Minister Datuk Seri Mustapa Mohamed has acknowledged CIMB Group Holdings Bhd’s Group Chairman Datuk Seri Nazir Razak as one of the prominent figures in Malaysia and ASEAN, who has been very vocal in expressing views and providing thought leadership towards improving the ASEAN Economic integration. Speaking in jest at…

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Malaysia Looking At Alternatives If TPP Fails

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HANOI – Malaysia is looking at alternatives regarding to the Trans-Pacific Partnership (TPP) should the mega trade pact did not materialised. Minister of International Trade and Industry, Datuk Seri Mustapa Mohamed, said among the options the country was looking at included engaging with countries it has no trade agreements through bilateral trade pacts or to…

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TPP: Malaysia’s Next Course Of Action Only After Jan 20

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KUALA LUMPUR – Malaysia will take the next course of action only when there is official confirmation that the United States will not participate in the Trans-Pacific Partnership Agreement (TPPA). “Malaysia would wait for greater clarity from the US Administration when the new President takes office on Jan 20, 2017,” Minister of International Trade and…

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