Matrade wants companies to update exporters’ registry
COMPANIES registered with Malaysia External Trade Development Corporation (Matrade) should regularly update their profiles in the Malaysia Exporters’ Registry.
Matrade Sarawak director Omar Mohd Salleh said accurate business information would facilitate better business matching of their companies with potential buyers.
“It will also ensure that you receive pertinent business information from Matrade overseas officers,’’ he said at Matrade’s business opportunities in France seminar at the Sarawak Islamic Information Centre in Kuching yesterday.
The registry is a database of exporters maintained by Matrade.
Omar urged Sarawakian companies to register with Matrade to gain direct access to the latest market information, trade leads and activities.
There are now 323 companies from Sarawak out of the more than 15,900 firms nationwide registered with Matrade.
Urging companies to visit the Matrade website regularly to keep themselves abreast of new trade opportunities, Omar said Malaysian exporters should be more aggressive in promotion.
He said Matrade provided various assistance to existing and potential exporters to expand export share through its network of 40 offices worldwide.
Omar said Matrade’s Inward Buying Missions helped companies, especially the small and medium enterprises, to reduce travelling cost overseas to meet buyers.
Citing an example, he said in conjunction with major events like Malaysia International Halal Showcase from June 23 to 27, Matrade would bring in potential buyers and arrange business meetings with local companies in Kuala Lumpur.
On Malaysia’s bilateral trade performance for the first four months of this year, he said exports jumped by 29.7% to RM211bil while imports rose by 32.8% to RM163bil.
Exports to the European Union surged by 28.3% to RM5.75bil from a year ago due to higher shipments of electrical and electronic products, crude rubber, chemicals and chemical products as well as refined petroleum products.
Malaysia is France’s 43rd supplier, accounting for 0.14% market share.
“We cannot be assured of this continuous export growth if efforts are not intensified to promote Malaysian products and services to the international market.
“Rising competition and dynamic changes in the global trade environment will continue to be the main challenges faced by our exporters,’’ said Omar.