MITI formulates new approach to face uncertain global economy

LANGKAWI: The Ministry of International Trade and Industry (MITI)is formulating a new approach in the trade and industry sector to avoid Malaysia being impacted adversely by the uncertain global economic conditions at present.

Its Minister, Datuk Seri Mustapa Mohamed said for this year, Malaysia needs to have a new initiative to ensure the economy can expand at a rate of between five-six per cent.