The world economy in the last quarter continues to be roiled with falling crude oil prices and China’s economic “softening” while we see a pick-up in the US economy.  Eurozone and Japan continue to struggle with threats of deflation.  Hence, the global economic growth outlook will remain challenging.

Malaysia will be collaterally affected as a result of the weak ringgit, lower oil revenue, budget deficit and oncoming Goods & Services Tax in 2015.   The current momentum seems to be biased towards the downside.  However, going forward, we should brace our businesses for short term volatility, focus on our core strength and adopt the best strategy to stay the course for the long term.

Malaysia’s GDP is expected to grow at 5% for 2015, albeit lower than 2014.  The Malaysian Government is maintaining a supportive growth policy.  The on-going investments in the Economic Transformation Programme, sustained private consumption and new job creation will support Malaysia’s growth fundamentals.  So let us look beyond the short term and plan wisely to stay the course for the long term.

Let us also remember that Malaysia will be Chairman of ASEAN in 2015 and the Asean Economic Community (AEC) will become a reality in 2015.  Malaysia will be part of the community of 600 million people in ASEAN with growing disposal incomes that will be more globally  connected  than  ever before.  Malaysia is strategically well placed at the cross roads for trade, technology, capital, funds and services and talent exchange.

As 2014 comes to an end, we usher in 2015 with optimism to see new emerging opportunities on the horizon.  I wish to express MASSA’s gratitude to all members and my Executive Committee members for their valuable participation and contribution to the Association over the years. 

I wish you and your families and all our readers, Season’s Greetings and a Happy & Successful 2015!

Tan Sri Azman Hashim
President
 

MASSA and ACCCIM Trade and Investment Mission

to Denpasar, Bali and Dili, Timor-Leste

from 6 to 10 October 2014

MASSA in collaboration with ACCCIM is organising a “Trade and Investment Mission to Denpasar, Bali and Dili, Timor-Leste” from 6 to 10 October 2014.

The Mission will be led by Tan Sri Dato’ Soong Siew Hoong, EXCO Member of MASSA and Senior Advisor to ACCCIM.

Members looking for potential trade, investment and business opportunities in the following sectors should seriously consider joining this Mission:-

1)  Fishery Investment – Timor Leste has a coast line of 730 km.  Actual productivity using mostly traditional fishing activities is 3600 ton/annum but there is potential to increase this to 640,000 tons per annum;

2)  Live Stock – Poultry and beef are currently imported from Australia, Brazil, New Zealand and Holland.  In 2012, imports of poultry amounted to 31,368 tons while beef accounted for 731.3 tons.   Other meats include pork and mutton which are also imported into Timor Leste.  A total of 1,561 tons of eggs was imported into the country in 2012, mainly from Malaysia and Australia.

3)   Timor Leste is also promoting import substitution industries as most of their goods are imported.

4)   Infrastructure and property development  

Please contact the offices of MASSA and ACCCIM for further information on this Mission as follow:-

Malaysia South-South Association (MASSA)

Letter Box No. 17A, 17th Floor, Bangunan AmBank Group

Jalan Raja Chulan

50200 Kuala Lumpur

MALAYSIA

Tel: +603-2078 3788 / Fax: +603-2072 8411

Email: mail@massa.net.my

Website: www.massa.net.my

Contact Person: Ms Ng Su Fun, Executive Secretary, MASSA

The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM)

6th Flor, Wisma Chinese Chamber

258, Jalan Ampang

50450 Kuala Lumpur

MALAYSIA

Tel: +603-4260 3090 & 4260 3091 / Fax: +603-4260 3080

Email: acccim@acccim.org.my

Website: www.acccim.org.my

Contact Person: Ms Cyndi  Tang Chee Fung, Asst. Executive Secretary                               

Email: tangcf@acccim.org.my 

INTRADE Malaysia 2014 focuses on the lifestyle cluster

INTRADE 2014 is the 8th Malaysia International Event for Exporters, aimed at enhancing networking, business matching, exchange of ideas and knowledge amongst the business fraternities from different countries. The 3-days exhibition will be held from 20th to 22nd of October 2014, at Menara MATRADE, Kuala Lumpur.

INTRADE 2013 saw excellent record of participation from the local and international export community; 10,000 square meters of exhibition space, with 8,594 trade visitors from 49 countries, 442 exhibitors from 18 countries, and 500 trade buyers from 57 countries. It is our belief that INTRADE 2014 will see even more improved participation as the global economy continues to recover.

This year, INTRADE 2014 shifts from a multi-industry cluster exhibition to a single-focused cluster, which is the highly versatile Lifestyle sector. With strong demand for stylish and niche lifestyle products rising from every facet of everyday life, the Lifestyle sector is a vibrant and sustainable sector where the marketplace is bursting with ready prospects. Lifestyle products and services are fast becoming a strong contributor to a nation’s economic development.

Within the Lifestyle sector, INTRADE 2014 will feature 7 trending, promising sub-categories, namely:-  

– Fashion, apparel & textiles

– Accessories, footwear & jewellery

– Cosmetics, toiletries, health & wellness

– Gifts, souvenirs & stationery

– Home products & services

– Lifestyle electrical & electronics

– Interiors, furnishings & fittings

With the world population at 7 billion and growing, the value and potential of this cluster is immense, and INTRADE 2014 looks forward to exhibitors with creative, fresh ideas and innovative designs in an array of lifestyle products which can be made available worldwide.

INTRADE 2014 highlights the positive role businesses can play in accelerating exports and presents a platform for advancing an efficient buyer-seller network. It is an event that helps corporations identify new export opportunities and position them for competitive advantage in international trade.

Export-ready companies are invited to take part as an exhibitor at INTRADE 2014. Through this event, exhibitors are offered an ideal platform to launch and market new products and services, explore new markets on a global level, develop key business alliances, strategically position and grow their businesses, as well as raise the company’s profile in the international market, and ultimately export to ready consumers.

For further details on INTRADE 2014, please visit the official website www.intrademalaysia.my

Malaysia Fashion Week

The Malaysia Fashion Week (MFW) is organised jointly by MATRADE and STYLO International and will present 3 pillars B2B events from 17-22 October 2014. This will mark the first dedicated trade fashion event organised by MATRADE in partnership with the private sector at an international level for the fashion industry. The 3 pillars under MFW are FACIT, the trade exhibition, the Malaysian Fashion Showcase; and the Mercedes-Benz STYLO Asia Fashion Week. 

A brand new segment will be included in INTRADE called FACIT, which is the trade exhibition of the Malaysia Fashion Week. FACIT is the abbreviation for Fashion, Art, Cosmetic, Interior and Textiles. It will feature unique displays of high style products and services from local and international designers, manufacturers and artists.

The fashion presentation at the Malaysia Fashion Week will unveil Malaysia’s best of the best for the coming season and will feature leading and emerging Malaysian creative talents in fashion, accessories, hair and make-up during the Malaysia Fashion Showcase. The Mercedes-Benz STYLO Asia Fashion Week will continue its domination on Asia with an “Asia for Asia” focus, bringing designers, celebrities, fashion buyers and international media for the event from over 15 Asian countries.

With all these events in the line-up, year 2014 is indeed an exciting period for the lifestyle sector. INTRADE is the right lifestyle platform for promoting and sourcing, offering great potential and benefits to exhibitors. Being part of the event, will allow exhibitors to, amongst others; meet decision makers face-to-face, reach out first-hand to real buyers, export to targeted audience who are ready to buy, associate your company and brand with the best in the business and explore business joint venture opportunities at the global level.

For further details on Malaysia Fashion Week, please visit the official website www.mbstyloafw.com

 Showcase Bangladesh 2014 

14 to 16 November 2014 

Kuala Lumpur Convention Centre (KLCC)

Kuala Lumpur

  Visit of BMCCI Organising Committee of

3rd Showcase Bangladesh 2014

to MASSA on 30 April 2014

(Left to right) Ms Florence Khoo (Asst. Executive Secretary, MASSA), Mr Raquib Mohammad Fakhrul (Hon. Secretary General, BMCCI), Ms Ng Su Fun (Executive Secretary, MASSA), Mr Ashraful H. Chowdhury (Chairman of BMCCI Organising Committee for the 3rd Showcase Bangladesh 2014) and Mr M. Farukul Islam Shova (Hon. Joint Secretary General of BMCCI)

Mr Ashraful H. Chowdhury, Chairman of BMCCI Organising Committee for the 3rd Showcase Bangladesh 2014 together with Mr Raquib Mohammad Fakhrul, Hon. Secretary General, BMCCI and Mr M. Farukul Islam Shova, Hon. Joint Secretary General of BMCCI visited MASSA Secretariat on 30 April 2014.  The delegation visited MASSA Secretariat  to promote the upcoming 3rd Showcase Bangladesh 2014 to be held at the Kuala Lumpur Convention Centre (KLCC), Kuala Lumpur on 14 to 16 November 2014.

  The 3rd edition of this Showcase will target the following sectors:-

1) Banking & Insurance Services

2) Readymade Garments both Woven and Knitted

3)  Home Textiles

4) Hotel & Tourism

5)  Halal Food including Frozen Food & Allied Products

6)  Leather Products

7)  Pharmaceutical, Herbal & Ayurvedic Products

8)  Plastic & Melamine Products

9)  Ceramic Tablewares

10)  Cosmetics & Toiletries

11)  Real Estate & Housing

12)  Service Sectors

MASSA members are requested to block your dates and attend this event. 

Look out for our weekly circulars for information updates.  

 MASSA meets Delegation from the African Ports

Sector on 18 June 2014

MASSA, in collaboration with the Africa South East Asia Chamber of Commerce (ASEACC) organised a networking session to meet a delegation from the African Ports Sector on 18 June 2014 at the Impiana KLCC Hotel, Kuala Lumpur.

Meeting between MASSA members and delegates from the African Ports Sector

(2nd from right) Tan Sri Dato’ Michael Chen Wing Sum (Vice-President of MASSA) chairing the meeting

The African delegation was led by Mr Allioune Gueye, Group CEO, African Business International / African Business Journal France and comprised of the following members:- 

1.  Mr Jean Ndengue, Director, Douala Port, Cameroon 

2.  Mr Justin Kom, Assistant Director, Douala Port, Cameroon

3.  Mr Ngo’O Ekoua Mathieu Bedel, Assistant Director, Douala Port, Cameroon 

4.  Mr Keita Ibrahima, Head of Department of Management Control and Cost Accounting, Dakar Port, Senegal 

5.  Mr Diop Nouhoum, Director of Strategy and Development, Dakar Port, Senegal

Tan Sri Dato’ Michael Chen Wing Sum, Vice-President of MASSA and Dato’ J. Jegathesan, EXCO member of MASSA led the Networking Session.

(left to right) Mr Salihuddin Yussuf and Mr Mohammed Shah Nas B. Mohamed Fawzi (both from Port Klang Authority) having a discussion with Tan Sri Dato’ Michael Chen Wing Sum after the meeting

Group Photo – MASSA members with delegation from the African Ports Sector

The African Port Sector delegates also visited our Malaysian ports and had opportunities to interact with Malaysian companies and public agencies on best practices for port management, financing, infrastructure planning, technologies, marketing and promotion.

MASSA members included representatives from Port Klang Authority, Mr Salihuddin Yussuf and Mr Mohammed Shah Nas B. Mohamed Fawzi  and Mr Kenneth Tiong, Deputy Chairman of the Logistics and Transport Committee of The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM).

23rd Annual General Meeting of MASSA

on 23 June 2014

MASSA held its 23rd Annual General Meeting (AGM) at the Banquet Hall, Bangunan AmBank Group, Jalan Raja Chulan, Kuala Lumpur on 23 June 2014.

Tan Sri Azman Hashim, President of MASSA chaired this AGM which was convened at 4:30pm upon obtaining the requisite quorum from MASSA members. 

(5th from left) Tan Sri Azman Hashim (President of MASSA) chairing the 23rd Annual General Meeting of MASSA with MASSA EXCO Members (left to right) Tan Sri Ghazzali Sheikh Abdul Khalid, Tan Sri Dato’ Soong Siew Hoong, Puan Fatimah Sulaiman (Hon. Assistant Secretary), Tan Sri Datuk Tee Hock Seng,JP, Dato’ Teh Kean Ming, Datuk Lim Fung Chee (Hon. Treasurer) and Dato’ Tan Kia Loke

Tan Sri Azman Hashim welcomed members and Committee members and proceeded with the business of the AGM.

MASSA Annual Report 2013/2014

Tan Sri Azman Hashim delivered his address and  thereafter the meeting proceeded to unanimously adopt the Annual Report and the audited accounts of the Association for the year ended 31 December 2013.

MASSA President’s Statement

(left to right) Puan Fatimah Sulaiman (Asst. Hon. Secretary), Tan Sri Dato’ Michael Chen Wing Sum (Vice-President (II) MASSA), Tan Sri Azman Hashim (President MASSA), Tan Sri Datuk Tee Hock Seng, JP and Dato’ Teh Kean Ming

(left to right) Puan Fatimah Sulaiman, Tan Sri Dato’ Michael Chen Wing Sum, Tan Sri Azman Hashim and Tan Sri Datuk Tee Hock Seng, JP

MASSA members attending the AGM

MASSA members present at the AGM

The Executive Committee and Office Bearers for the term 2013/2015 remains as follow:-

OFFICE BEARERS

President                                      :  Tan Sri Azman Hashim 

Vice President (i)                        : Tan Sri Datuk Seri Utama Thong Yaw Hong

Vice President (ii)                       : Tan Sri Dato’ Michael Chen Wing Sum

Honorary Secretary                    : Datuk Lee Teck Yuen

Assistant Honorary Secretary  : Puan Fatimah Sulaiman

Honorary Treasurer                   : Datuk Lim Fung Chee

MASSA EXECUTIVE COMMITTEE MEMBERS

Tan Sri Datuk Tee Hock Seng, JP           Datuk Looi Cheok Hun

Tan Sri Dato’ Mohd Ramli Kushairi       YBhg Tan Sri Ghazzali Sheikh Abdul                                                                         Khalid

Tan Sri Dato’ Soong Siew Hoong            Dato’ Cheah Sam Kip    

Dato’ Teh Kean Ming                                 Dato’ Tan Kia Loke 

Dato’ J. Jegathesan                                    Encik Md Arif Mahmood

EX-OFFICIO

Mr Wong Seng Foo                                   –  Ministry of International Trade &                                                                           Industry Malaysia (MITI)

H.E. Ambassador Zainal Abidin Bakar –  Ministry of Foreign Affairs                                                                           (Wisma Putra)

Datuk Dr Wong Lai Sum                          –  Malaysia External Trade                                                                            Development Corporation                                                                            (MATRADE)

Dato’ Azman Mahmud                             –  Malaysia Investment Development                                                                           Authority (MIDA)   

(left to right) Dato’ Tan Kia Loke, Tan Sri Ghazzali Sheikh Abdul Khalid, Tan Sri Azman Hashim and Tan Sri Dato’ Michael Chen Wing Sum having refreshments after the AGM

(left) Tan Sri Azman Hashim and (right) Tan Sri Dato’ Michael Chen Wing Sum

(left) Puan Fatimah Sulaiman and (right) Dato’ Tan Seng Sung, Consultant of TC Management Services Corporation Sdn Bhd, a subsidiary of Tan Chong Motor Holdings Berhad)

(left to right) Dato’ Tan Seng Sung, Tan Sri Datuk Tee Hock Seng, JP and Dato’ Teh Kean Ming

(right to left) Tan Sri Azman Hashim, Tan Sri Ghazzali Sheikh Abdul Khalid and Dato’ Tan Kia Loke

(right to left) Tan Sri Dato’ Soong Siew Hoong, Datuk Lim Fung Chee and Mr Michael T C Lee (Jet Express Services Sdn Bhd)

(right to left) Dato’ Teh Kean Ming and Mr Tan Liam Seng (Eureka Resources Sdn Bhd)

(left to right) Ms Ng Su Fun (Executive Secretary, MASSA) with Mr Kimis s/o Velu Arumugam Nadar (Asia Communication & Electronic Sdn Bhd)

(left) Dato’ Tan Kia Loke and (right) Tan Sri Ghazzali Sheikh Abdul Khalid

The President thanked the Executive Committee and Office Bearers for their continuing support and MASSA members for their participation in MASSA events and activities.

Visit of Officials from the Department of Trade &

Investment, Republic of South Africa to MASSA

on 24th June 2014

Mr Jacob Moatshe, Director and Mr Solomon Magagula, Deputy Director from the Export Development division of the Department of Trade & Investment, Republic of South Africa (the dti) visited MASSA Secretariat on 24th June 2014.   Their visit was accompanied by Mr Rudzani Mudau, First Secretary, Political/Economic Affairs of the South African High Commission in Malaysia.

The delegation’s visit to Malaysia was part of a benchmarking study exercise, focused on learning about the best practises of developing export villages (special economic zones) comprising of the following components:-

1. Export capacity building coupled with mentorship advices

2. Trade information centre with research facilities

3. Financial assistance on confirmed export orders

4. Technical advice on targeted export market

5. Collaboration with custom processes

6. Warehousing of focused products destined for international market

(left to right) Mr Jacob Moatshe (Director, Export Development Division, The dti), Ms Florence Khoo (Asst. Executive Secretary MASSA), Ms Ng Su Fun (Executive Secretary MASSA) Mr Rudzani Mudau (First Secretary, Political/Economic Affairs, South African High Commission in Malaysia) and Mr Solomon Magagula (Deputy Director, Export Development Division, The dti)

The Export Development and Support of Trade Investment South Africa (TISA) has developed a National Exporter Development Project (NEDP) to expand the exporter base of South Africa companies.  The programme prioritizes on the creation of vibrant export culture, provision of trade information service and advise, extensive capacity building and development of export villages.

MASSA shared with the DTI delegation its objectives, activities and programmes aimed at fostering economic, trade and cultural relations between Malaysia and the developing countries of the South.  Working closely with our Government’s agencies to develop new export markets in the South countries, MASSA’s programmes also aim to deepen the trade and investment linkages by providing a platform for the numerous parties in the export supply chain to mutually assist / support and benefit from each other.

The dti

The Department of Trade and Industry (the dti) is tasked with:-

• Promoting structural transformation, towards a dynamic industrial and globally competitive economy;  

• Providing a predictable, competitive, equitable and socially responsible environment, conducive to investment, trade and enterprise development;   

• Broadening participation in the economy to strengthen economic development; and

 • Continually improving the skills and capabilities of the dti to effectively deliver on its mandate and respond to the needs of South Africa’s economic citizens.

The dti’s strategic objectives are to:-

1..      Facilitate transformation of the economy to promote industrial development,          investment, competitiveness and employment creation;

2.      Build mutually beneficial regional and global relations to advance South Africa’s          trade, industrial policy and economic development objectives;

3.      Facilitate broad-based economic participation through targeted interventions to          achieve more inclusive growth;

4.      Create a fair regulatory environment that enables investment, trade and enterprise          development in an equitable and socially responsible manner, and;

5.       Promote a professional, ethical, dynamic, competitive and customer-focused           working environment that ensures effective and efficient service delivery.

To achieve these objectives, the dti has placed emphasis on the following core areas, amongst others, that will enhance and provide a long term impact on the South African economy and its people.  These include:-

• SMME development

• Industrial development

• Trade, Export & Investment

MASSA members are encouraged to visit the dti website: www.thedti.gov.za for more details and business opportunities.

The Republic of South Africa High Commission can be contacted at:-

Suite 22.01, Level 22, Menara HLA

No. 3, Jalan Kia Peng

50450 Kuala Lumpur

MALAYSIA

Tel: 603-2170 2400

Fax: 603-2168 8591

 Visit of Delegation from The Ministry of

Commerce, Industry and Environment of

Timor-Leste to Malaysia

-Meeting with MASSA and ACCCIM on 14 July 2014 

A delegation from the Ministry of Commerce, Industry and Environment of Timor-Leste visited Malaysia in July 2014. 

The delegation members comprised of:-

 
1. Mr. Marcio Rosa Lay, Director of National Cooperatives, Micro and Small Enterprises

    (Leader of delegation)

 2. Mr. Antonio da Costa, Director of Manufacturing Industry

 3. Mr. Vitoriano Lopes, Advisor to the Director General for Administration and Finance

 4. Mr. Antonio Jose de Castro Cunha, Advisor to the Office of the Vice Minister

 5.  Ms. Jacinta dos Santos, Chief of Department of Cooperatives

 6.  Mr. Cesaltino Alves Ximenes, Top Management

Ms. Filomena N. Mesquita, Second Secretary and Ms Eyla Osman, Personal Assistant from the Embassy of Timor-Leste in Malaysia accompanied the delegation to a meeting with MASSA and ACCCIM on 14 July 2014.

(3rd from left, seated at the headtable) Tan Sri Dato’ Soong Siew Hoong (Executive Adviser, ACCCIM & EXCO Member, MASSA) chairing the meeting with the delegation from Timor-Leste

The meeting was held at the office of ACCCIM, chaired by Tan Sri Dato’ Soong Siew Hoong, Executive Adviser, ACCCIM and EXCO member of MASSA.

The meeting enabled the delegation and MASSA and ACCCIM to be acquainted and to discuss collaborative ways to encourage and promote business tie-ups between Malaysia and Timor-Leste.

(right to left) Tan Sri Dato’ Soong Siew Hoong, Mr Marcio Rosa Lay (Director of National Cooperatives, Micro and Small Enterprises (Leader of the delegation) and Ms Filomena N. Mesquita (Second Secretary, Embassy of Timor-Leste in Malaysia)

The delegation was also informed of the upcoming “Trade & Investment Mission to Dili, Timor-Leste” scheduled from 6 to 10 October 2014 jointly organised by MASSA and ACCCIM.  The Ministry’s assistance was sought to facilitate the meetings for the participants.   

MASSA was represented by Ms Ng Su Fun, Executive Secretary and Ms Florence Khoo, Asst. Executive Secretary.

Group photo after the meeting – Representatives from MASSA, ACCCIM and the Timor-Leste delegates

 Study Tour of Ethiopian Delegation to Malaysia

on Export Promotion from 19 to 26 July 2014

– Meeting at MASSA Secretariat on 23 July 2014

A delegation from the Ministry of Trade of The Federal Democratic Republic of Ethiopia conducted a Study Tour to Malaysia on Export Promotion from 19 to 26 July 2014. 

The delegation members of this Study Tour comprised:-

1. Mr Wondu Adugna
     Advisor, Trade, Minister (Head of Delegation)
     Ministry of Trade

2.  Mr Assefa Mulugeta
     Director General, Export Promotion
     Directorate General, Ministry of Trade

3.  Mrs Haimanot Tibebu
     Director, Export Research & Promotion Directorate
     Ministry of Trade
 
4.   Mr Kifelaw Shawl
      Senior Expert,  Export Information & Advisory Service Directorate
      Ministry of Trade

5.  Mr Abdela Gultamo
      Senior Expert, Business Diplomacy
      Ministry of Foreign Affairs

The Ministry had recently established an export promotion organisation and the visit to Malaysia was to gather export promotion experiences from Malaysian  Government ministries and agencies involved with trade & investment promotion as well as from the private sector.

  
On 23 July 2014, the delegation visited MASSA Secretariat and met Ms Ng Su Fun, MASSA Executive Secretary and Ms Florence Khoo, MASSA Asst. Executive Secretary. 

(left to right) Ms Ng Su Fun (Executive Secretary, MASSA), Mr Abdela Gultamo, Mr Wondu Adugna (Head of delegation), Mr Assefa Mulugeta, Mrs Haimanot Tibebu and Mr Kifelaw Shawl

The areas of interests of this study tour group include:-

• Export promotion strategy development;
• Export promotion pillars;
• Effective export promotion tools;
• Export promotion product development;
• Export business plan development;
• Export facilitation and incentives;
• Business to Business enhancement;
• Export promotion structure in & out of the country;
• Export promotion forums effectiveness;
• Export promotion stakeholders linkage;
• Sustainable export promotion financing;
• Export Market Intelligence (MIS) 
 

Group photo at MASSA Secretariat after the meeting

For more information on doing business in Ethiopia, please contact the following:- 

1.   MINISTRY OF TRADE
 P.O. Box 704
 Ababa
 ETHIOPIA
 Tel: +251 1155 18025
 Fax: +251 1155 15411
 Email:     mot@gov.et
 Website: www.mot.gov.et

2. ETHIOPIAN INVESTMENT AGENCY
 P.O. Box 2313
 Ababa
 ETHIOPIA
 Tel: +251 1155 10033
 Fax: +251 1155 14396
 Email:     ethioinvest@eia.gov.et
 Website: www.eia.gov.et

3. MINISTRY OF FOREIGN AFFAIRS
 P.O. Box 393
 Ababa
 ETHIOPIA
 Tel: +251 1155 17345
 Email:     mfa.addis@telecom.net.et
 Website: www.mfa.gov.et

COUNTRY PROFILE

Chile Flag

STATISTICS

MAP OF CHILE

Chile, or officially the Republic of Chile, is a country in South America occupying a long narrow strip between the Andes Mountains to the east and the Pacific Ocean to the west.  In borders: Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the south.

The Pacific coastline of Chile is 78,563.2 kilometres and Chilean territory includes the Pacific islands of Juan Fernandez, Salas y Gómez, Desventuradas and Easter Island.  Chile also claims about 1,250,000 square kilometres of Antarctica, although all claims are suspended under the Antarctic Treaty.

The shape of Chile is a distinctive ribbon of land 4.300 km long and on average 175 km wide. Its climate varies ranging from the world’s driest desert – The Atacama – in the north, through a Mediterranean climate in the center, to a rainy temperate climate in the south.

The northern desert contains great mineral wealth, principally copper. The central area dominates in terms of population and agricultural resources, and is the cultural and political center.  Southern Chile is rich in forest and grazing lands and features a string of volcanoes and lakes. The southern coast is a labyrinth of fjords, inlets, canals, twisting peninsulas, and islands.

MARKET OVERVIEW ON CHILE

According to survey conducted by Ernst & Young and Oxford Economics, Chile is among the 25 fastest growing economies in the world with expected GDP for 2014 at more than 4.5%. Furthermore, Chile ranks among the 25 best countries to do business in the Forbes’ list and ranks 37th place in the World Bank list. Chile established itself as a leader among the 40 countries surveyed in Latin America and the Caribbean, followed by Peru and Colombia.

The ranking shows that Chile is an outstanding example of good governance, and that the innovative programs around education, health and infrastructure have significantly reduced poverty, have fostered the growth and population have managed to be one of the most educated and skilled in South America. These results also positioned Chile as an example in the region, an excellent place to invest, especially in times of international economic instability.

Even though Chile’s market is relative small (population: 17.8 million), for the past few years, the country has seen increased middle-class purchasing power and a growing younger, urban population, which are mainly due to the increasing positive trends of income levels, employment rates, availability of consumers’ credit and government incentives to stimulate retail consumption.

Due to the distance, many Malaysian companies are hesitant to do business in South America. However, when looking at Chile, Malaysian exporters must look at the country as a hub to enter the South American markets since Chile is a member of the Rio Group, Southern Common Market (MERCOSUR), Asia Pacific Economic Cooperation (APEC), and Union of South American Nation (UNASUR).  Many countries consider Chile an excellent platform for doing business in the region.  Currently, the country has 24 Free Trade Agreements with over 60 countries in Latin America, Europe, Asia and North America.  Chile has given its 17.8 million citizens unprecedented access to the world’s products and services.

Malaysia-Chile Free Trade Agreement

The Malaysia – Chile Free Trade Agreement (MCFTA) came into force since February 2012. The Agreement outlines commitments from both countries on liberalisation of trade in goods with focus on the 90.2% of product with tariff elimination. Malaysia and Chile will progressively reduce or eliminate tariffs on their respective industrial and agricultural products.

The FTA between Malaysia and Chile, in the long term, offers opportunities to strengthen trade and investment linkages by enhancing each other’s market share in both countries, facilitating two-way investment flows in areas of common interest; and creating potential for Malaysian/Chilean traders and investors to expand to other Asian/Latin American markets. The MCFTA’s Schedule of Tariff Commitment can be viewed at www.miti.gov.my

Malaysia-Chile Trade Performance

The total trade between Malaysia and Chile for 2013 registered a significant growth of 71% from 2012 amounting to RM1.83 billion.

Malaysia’s export to Chile in 2013 recorded a 22.5% growth which contributed to a total of RM516 million. The top 10 Malaysian export to Chile were Electricals & Electronics (E&E) (27.9%), wood products (16.3%), rubber products (12.8%), chemicals & chemical products (11%), manufacturers of metal (5.3%), machinery, appliances & parts (3.8%), palm oil (3.7 %), textiles & clothing (3.4%), processed food (3.3%) and transport equipment (1.4%).

On the other hand, Malaysia’s import from Chile continue to generate significant positive growth of 102.6% amounting to RM1.31 billion in 2013 as compared to RM646.7 million in 2012. The import structures were mainly focused on manufactures of metal which were mainly copper (47.3%), refined petroleum products (32.6%), metalliferous ores and metal scrap (7.1%) and seafood, fresh, chilled or frozen (3.8%).

Trade balance between Malaysia and Chile has always been on Chile’s favour for the past 10 years which is due to the high imports of Chile’s mining goods mainly copper. Malaysia is currently ranked as the 31st import source and 36th export destination for Chile.

Opportunities for Malaysian Businesses

Export:

Chile offers a unique opportunity for Malaysian businesses interested in expanding their businesses in one of the most open and stable markets in Latin America. Malaysia and Malaysian capabilities are still relatively unknown by the Chilean business communities due to stiff competitions from China, USA, Korea and other Latin American countries which are aggressively promoting their products in Chile.

However, Malaysian exports to Chile continue to see double digit growth but more awareness needs to be done to introduce our products in the market.  Participation in promotional booths in trade fairs in major events in Chile has proven beneficial to introduce our products into the market and more events should be considered in Latin America as they are focusing their trade now to ASEAN which is a showing of good signs to the opening and reception of our products in the market.

The potential in the Chilean market is limitless however, among the products with the most potential are:

• Electric and Electronics – The sector continues to be the main export to Chile with export share of nearly 30% from our overall exports to Chile.  Main products imported are radio broadcast receivers, telecommunication parts and equipment and sound recorders, electrical machines with individual functions & parts, microwave ovens, other ovens, cookers, cooking platters, grillers, roasters, hybrid integrated circuits and electric accumulators (storage batteries).

• Healthcare products – Malaysia is currently the top supplier for medical gloves in Chile.  The Chile Government’s emphasis on new construction and upgrading of hospitals as part of its 2010-2015 Health Reform Plans boost demand for medical devices, which should account for an increasing proportion of health expenditure. Best products are medical disposables and devices as well as hospital furniture.

• Furniture – Imports of furniture in Chile experienced an annual growth of at least 15%. One of the reasons for the positive growth is mainly contributed from the implementation of the many bilateral trade agreements and Chilean politics are gradually lowering the tariff rates on imported products. This has allowed countries of great industrial and technological development to reach the Chilean market with competitive prices, progressively displacing domestic production. Malaysian furniture products also are highly regarded in Chile for their quality, design and price and Malaysia is currently the top 5 furniture supplier in Chile. Among the best products are dining, bedroom, office and outdoor furniture.

• Prepared Food, Food Ingredients and Food Packaging – Chilean snacks and confectionery industry represent a total of US$1.65 billion in sales with Chileans spending about US$96 per person per year on candies, snacks, chocolates and ice cream, the highest in Latin America.  Among the products in high demand are snacks, biscuits, chocolates and candies. International exposures have Chilean citizens demanding more ethnic food such as spices and sauces, instant noodles, etc… and due to the increase in demand and Chile being one of the biggest agriculture producers as well as having a big food industry in the region, the demand for food ingredients and packaging in the local food sector are increasing. Among the products frequently sourced are cocoa, margarine, shortenings and vegetable fats as well as food packaging equipment and machinery.

• Construction Equipment and Building Materials – The Construction Chamber of Chile estimates that growth will continue in 2014 with an average 9%. Ongoing reconstruction because of frequent earthquakes, and an increase in investment to increase the supply of public infrastructure and private housing further fuels higher demand in different regions in Chile. Best products are all fixtures and fittings such as floorings, doors, moldings etc…

• Safety and Security Equipment and System – There is investment growth in many industry sectors in Chile that directly impacting the safety and security industry, such as construction, infrastructure, mining, etc. Also, increased awareness of protection as a means of prevention will maintain the growth of this industry. Among the best products are access control, parking systems, fire detectors, sprinklers systems, extrication equipment, firefighting suits, alarms and monitoring, CCTV, outdoor perimeter protection, locks, safes, sensors, vehicle protection, and general safety gear for industrial use.

• Mining Industry – Chile is the number one producer of copper in the world.  Its current world production market share is 34% and the mining sector contribution to its GDP is approximately 20%. The overall industry represents about 60% of the country’s total exports thus the country is constantly in the need for all products that are applicable to be used in the mining industry such as mining equipment and machinery as well as parts, security and safety products, automotive parts and equipment and renewable energy products and services that helps reduce energy consumption, one of the country’s current priority.

• Renewable Energy – It is one of the country’s top agendas to conserve their energy usage. Projects such as hydroelectric plants, wind farms and solar panels among others are some of the ongoing projects being implemented especially to generate power for their mining industry and reduce pollution. Among the best prospects are latest technology and service supplies for products related to photovoltaic power generation for industrial, commercial and residential use as well as other products such as solar CCTV, solar spot lighting, solar garden lights, and solar pump systems. Services such as consultancy, design, engineering and OEM manufacturing should be needed in this new order of environmental friendly source of energy options. Joint ventures with Chilean companies are also suggested if companies are interested to participate in the upcoming tenders.

Investment:

Chile has generally recovered from the international financial and economic woes of 2008-2009 as well as the February 2010 earthquake that severely affected the economy in the southern part of the country. The housing market has rebounded, led by earthquake reconstruction projects and a housing boom in the Santiago Metro area. Energy costs continue to be the highest in South America and Chile is searching for all available technology and capital to increase supply through new power plants and promote energy efficiency.

Chile is adept at leveraging private sector involvement in public works projects and infrastructure via the “concession system” and will continue to use this strategy in the years to come. Chile has privatized much of its infrastructure and basic services, such as ports, highways, transportation, and water supply. In addition, there is significant private sector involvement in education, retirement/pensions, health care, and prisons.

Chile has a strong infrastructure project pipeline, with close to US$60 billion in total project value under construction and in planning stage since 2012. These include infrastructure projects, highway/roads, airport expansion, railway, port terminal projects and hospitals/healthcare projects.

For more information on potential investment in Chile, please visit: www.ciechile.gob.cl

Import:

Chile is known as one of the biggest mining and agriculture producers in the world. Among the products and services that are currently imported to Malaysia are copper, seafood such as salmon and shrimps, fresh fruits, meat, wine, dairy products, and prepared food and wheat products such as cereals.

With the growing income in Chile, outbound tourism has increased and there have been growing interest on Asian destinations. However, there are no travel agents here that have packages offered to Malaysia. Interested tour operators in Malaysia should capitalise on this to make contacts with partners in Chile. Even though there are no direct flights to Malaysia, MAS has recently joined the One World airline membership where LAN Airlines is also a member and this provides a good partnership to promote travel and tourism to both countries.

For more information on potential imports from Chile, please visit: www.prochile.gob.cl

About MATRADE

As Malaysia’s national trade promotion agency, Malaysia External Trade Development Corporation (MATRADE) is responsible for assisting Malaysian companies venture into the international market. MATRADE assists Malaysian companies establish their presence overseas through different promotional programmes, including participation in trade missions, specialised marketing missions and international trade fairs as well as through capacity development initiatives.

MATRADE overseas offices assist foreign buyers in establishing links with Malaysian enterprises by furnishing accurate and reliable information on Malaysian companies, products and services.  MATRADE connects individual buyers visiting Malaysia with suppliers or potential business partners and provides advice on doing business with Malaysia. 

(2nd from left) Ms Ezzwanee Ahmad, MATRADE’s Trade Commissioner with (2nd from right) H.E. Mr Ganeson Sivagurunathan, Ambassador of Malaysia to Chile and MATRADE’S staff at the MATRADE Promo Booth at the Espacio Food 2013, one of the biggest food trade fair in Chile

Opening Ceremony of Malaysia Products and Services Exhibition in conjunction with MATRADE’s Marketing Mission and Malaysia Services Exhibition in Hotel Crowne Plaza, Santiago, Chile in November 2013

Networking with Chambers representatives with (1st from left) Ms Ezzwanee Ahmad, MATRADE’s Trade Commissioner, (3rd from left) H.E. Mr Ganeson Sivagurunathan, Ambassador of Malaysia to Chile, (4th from left) Datuk Dzulkifli Mahmud, Deputy Chief Executive Office , MATRADE

Malaysia Export Exhibition Centre (MEEC) is a permanent displaying centre at MATRADE, showcasing Malaysian products and services.  Business meetings are arranged for international buyers to meet with Malaysian companies displaying their products and services at MEEC, a one stop sourcing centre.  To give Malaysian companies the competitive edge in international trade, one of MATRADE’s main services is to disseminate timely and relevant information as well as market intelligence to Malaysian companies.  MATRADE Portal, www.matrade.gov.my provides extensive information to both the foreign and local business communities that are useful for enhancing business opportunities.

Tourism Fair – The Embassy of Malaysia in Chile and MATRADE Santiago promoting Malaysia’s tourism and handicraft products at the Feria de las Naciones 2013, an arts and culture fair in Chile

Delegation from the MATRADE’s Marketing Mission and Malaysia Services Exhibition 2013 at the Ambassador of Malaysia residence in Santiago, Chile

(2nd from left) Ms Ezzwanee Ahmad, MATRADE’s Trade Commissioner with producers from Canal 13. Canal 13 is one of most popular TV channel in Chile. They have also visited Malaysia in April 2014 to do a feature on Malaysia’s trade and tourism industry for a local travel programme in Chile.

In addition, the exporting community can also retrieve trade information from the Business Information Centre (BIC) at MATRADE office in Jalan Duta. The centre has a vast collection of international trade and business materials in both printed and electronic format.  BIC also has a comprehensive collection of trade publications, online databases, CD-ROMs and audio-visual materials to assist companies undertake market research for export.

MATRADE Santiago oversees all export promotions in 7 countries in South America’s Southern Cone namely Chile, Peru, Ecuador, Bolivia, Argentina, Uruguay and Paraguay. For more information on the markets and potential importers, please contact us at:

MATRADE Santiago
Address : Oficina Comercial de Malasia (MATRADE)
Avda. Tajamar 183, Ofc. 302, Las Condes, Santiago, Chile
Tel  : +56-2-2234 2647
Email : santiago@matrade.gov.my
Website : www.matrade.gov.my
Trade Commissioner : Ms. Noor Ezzwanee Ahmad
Marketing Officer : Ms. Raquel Saavedra

Chile : Land of Opportunities

The Foreign Investment Committee (CIEChile) is the agency that represents the State of Chile in its dealings with foreign investors and helps to position Chile as a highly attractive destination for foreign investment and international business through its role in matters related to the administration and communication of the corresponding legal norms, the development of promotional activities of different types and the preparation of information concerning foreign investment for investors and potential investors.

Decree Law (DL) 600 is a mechanism for the entry of capital into Chile. Under this regime, whose use is optional, foreign investors bringing capital, physical goods or other forms of investment into Chile may ask to sign a foreign investment contract with the State of Chile.

Since 1974, the majority of foreign investors have chosen to use this mechanism. By 2011, foreign investment worth almost US$82.0 billion had been materialized through D.L. 600, representing 56.5% of the foreign capital effectively entering Chile during that period.

DL 600 can be used by:
a) Foreign individuals.

b) Foreign legal entities including:
• Companies (in any of their legal forms)
• Corporations and foundations
• Foreign states
• International organizations

c) Chilean individuals and legal entities domiciled abroad.

Under this optional regime, foreign investors bringing capital, tangible assets or other forms of investment into Chile can request to sign a Foreign Investment Contract with the state of Chile.

10 Reasons to Invest in Chile

1)    SOLID 

Chile has sustained economic growth and social progress, with stability, transparency and competitiveness and excellent business prospects that position the country not only as the best destination for foreign investment in Latin America and but also as one of the world’s leading destinations.  According to the World Investment Report 2013 released by the United Nation Conference on Trade and Development (UNCTAD), Chile was the world’s 11 largest recipient of foreign direct investment in 2012.  With a record in-flow of US$30,323 million, Chile was among the top 20 recipients for the second consecutive year, rising from 17 place in 2011 to 11 place in 2012.

In the eight years from 2005 to 2012, Chile’s GDP grew at an average annual rate of 4.6%, according to the Central Bank of Chile.  In 2012, in the midst of the European debt crisis, Chile’s economy demonstrated its resilience to adverse international conditions and GDP expanded by 5.6% to US$268,413 million.  As a result, per capita income reached US$15,410 and, in purchasing power parity terms (PPP), US$18,419, according to figures published by the International Monetary Fund (IMF) in April 2013.

2)  RELIABLE  

Chile is a safe and reliable place in which to do business.  This is borne out by risk ratings agencies which have maintained their high ratings for Chile, highlighting its low level of public debt, the health of its financial system and its solid institutions.

 In 2012, Chile was the market that saw the fifth largest improvement in its risk rating.  According to Bloomberg, 5-year credit default swaps (CDS) for Chile’s debt dropped by 27.9% to 95.4 points, positioning it as the eighth least risky country in the world and the safest in Latin America.

3)   COMPETITIVE  

Chile has a consolidated position as Latin America’s most competitive economy.  This is mainly due to its sustained economic growth and openness to trade which have set it apart internationally as a free and dynamic market.  Its performance is reflected in the rankings of institutions that annually measure competitiveness around the world.

Chile obtained its best scores for government efficiency and economic performance, putting it in top position within Latin America and a high 18th position among economies with less than 20 million inhabitants.

4)  ATTRACTIVE BUSINESS CLIMATE   

Thanks to its political and economic stability, openness to trade, legal security and excellent growth prospects, Chile has maintained an attractive and dynamic business climate for investors.

Chile is also an attractive country in which to do business because of its high level of free trade.  It is, indeed, one of the world’s ten freest countries, according to the Index of Economic Freedom 2013, published by the Heritage Foundation and the Wall Street Journal.

5)   TRANSPARENT  

Chile is known for its transparency and this is reflected in international rankings that highlight the low level of corruption in the country and, particularly, its finances, due to government efforts to raise standards in administration of the state.

6) INTEGRATED

Chile’s open economy, combined with an active policy of bilateral, regional and multilateral trade agreements, has underpinned a sustained increase in foreign trade in goods and services and in the country’s international competitiveness, consolidating its position as an active international partner.

7)   WIRED  

Chile is a country that, from primary schools through to businesses and public services, is ready to adopt new technologies.  Numerous studies, in fact, identify Chile as a “wired” country that has already achieved important progress as regards digital connectivity and information and communications technologies (ICTs).

8)  TALENTED  

Foreign investors often highlight human capital as one of Chile’s main comparative advantages, drawing attention to the high standards achieved by the country’s universities and, particularly, its business schools.

In line with Chile’s progress as regards educational indicators, the country’s labor force reached a total of 8.2 million people in the first quarter of 2013 out of whom 93.8% were employed, including over 64% in the services sector.

9)  QUALITY OF LIFE 

With a geography that contains a privileged variety of landscapes, Chile offers visitors from overseas a perfect mixture of natural beauty, public safety, political stability and modern infrastructure.  These characteristics together make it one of the best places in which to live in Latin America.

10) HQ IN CHILE 

According to the UBS investment bank, Santiago is one of the world’s 15 least expensive cities for the installation of foreign companies.  In its 2012 Price and Earnings Report, the Chilean capital obtained 52.8 points, taking 60th position out of 72 cities in the ranking where first place indicates the most expensive city (Oslo) and New York is the basis of comparison (100 points). The report considers the cost of a basket of 122 goods and services according to European consumption habits and including three rent categories.

 As well as the low costs of starting a business, Chile also offers advantage as regards access to private financing.

INVESTMENT OPPORTUNITIES IN CHILE

Chile offers attractive investment openings in sectors that include mining, services, the food industry, infrastructure, tourism and energy.

MINING   Chile is the world’s principal producer of copper (32%), nitrates (100%), iodine (58%) and lithium (45%) and the sixth largest silver producer.  There are opportunities in Equipment and spares, Engineering and consultancy services, construction, production support services and establishment of regional offices by mining suppliers as base for exporting and diversifying areas of activity.

ENERGY   In 2012, hydroelectricity (excluding mini-plants of less than 20 MW) accounted for 29.3% of generation, coal for 41%, gas for 19%, diesel for 5.9% and alternative renewable energies (ARE) for 4.8%. As a result, 65.9% of the country’s electricity was generated from fossil fuels.  The country’s projected economic growth implies increased demand for electricity which is forecast to rise by around 5% a year through to 2020, creating opportunities for investment in generation and transmission.  There are opportunities for power generation where over 8,000 MW will be required by 2020 and development of alternative renewable energies.

INFRASTRUCTURE   Chile has a portfolio of public tenders worth US$7,000 million that includes highways, airports, hospitals and urban infrastructure.

TOURISM   3,554,279 overseas tourists visited Chile in 2012, up by 13.2% on 2011.  Spending by overseas tourists in Chile rose by 17.1% to US$2,712.6 million.  In the last ten years, the portfolio of investment projects in the sector reached US$528 million (2003-2013 according to FDI Markets).  Opportunities are available for development of hotel and leisure projects, development of sustainable tourism in protected areas under state concessions and development of special interest tourism projects.

Extracted from http://www.ciechile.gob.cl/en

Contact:
CIEChile Foreign Investment Committee
Ahumada 11, 12th Floor – Santiago, Chile
Tel: (56-2) 2663 9200
Email: info@ciechile.gob.cl

     THE INTELLECTUAL PROPERTY

     CORPORATION OF MALAYSIA

The Intellectual Property Corporation of Malaysia (MyIPO) is an agency under the purview of the Ministry of Domestic Trade, Co-operatives and Consumerism responsible for the development and administration of intellectual property rights (IPR) system in Malaysia.  With a vision “To Be One of The Leading Intellectual Property Organisations”, MyIPO committed to carry out its mission “To provide strong legal infrastructure and effective administration to enhance greater creativity and exploitation of intellectual property (IP)”.

As a statutory body established under the Intellectual Property Corporation of Malaysia Act 2002, MyIPO is guided by Five Objectives:

Four Main Functions

IP Services provided by MyIPO

MyIPO’s core services include registration of patents, trade marks, industrial designs, geographical indications and copyright voluntary notification; advisory services on IP; provide IP information/statistics; IP training; patent agent examination; online search, filing and application status; outreach programmes and helpdesk.

i)   Registration of patents, trade marks, industrial designs,

geographical indications and copyright voluntary notification

MyIPO provides registration services for patents, trade marks, industrial designs, geographical indications and copyright voluntary notification. We provide both manual and online filing to enable applicants to submit their application forms without any hassle.

Copyright protection subsists upon creation. However, owners of copyright works may register their works at MyIPO on voluntarily basis.

ii)   Advisory services on IP

MyIPO provides advisory services on IP upon request. This service aims to guide and facilitate applicant on filing matters.

iii)  Provide IP information/statistics

MyIPO provides IP information such as IP legislations, development of IP system, current activities and statistics upon request.

iv)  IP training

MyIPO through the Intellectual Property Academy (IPA) has been tasked to conduct and organize seminar, workshop, briefing and training on IP related matters throughout the years. The programmes are tailored according to the needs of the target group such as  researchers, academicians, government agencies, universities, enforcement agencies, entrepreneurs and MyIPO officials. Some of the programmes were organized in cooperation with World Intellectual Property Organisation (WIPO) or other foreign IP offices. We have our own homegrown speakers but we also invite other local and international experts to share their knowledge and experience with the participants. IPA is equipped with 5 training rooms, one ballroom, computer training lab and IP library. The training facilities in IPA is also available for rent.

v)   Patent agent examination   

According to our IP legislation, foreign applicants shall appoint a registered local agent to act on their behalf with regards to IP filings. The IP agents are registered if they fulfill the requirements of the respective legislations. However, to be a patent agent, in addition, the candidate needs to pass patent agent examination. MyIPO provides intensive course for the interested candidates and conduct the patent agent examination once a year.  The examination process, including selection of speakers and examination papers are assessed, approved and monitored by the Patent Board.   Registered patent agent is qualified to apply for trade mark, industrial design and geographical indication agent.

vi)   Online search, filing and application status

In 2011, MyIPO introduced IP Online System that provides a secured web-based filing system for patent, trade mark, industrial design and geographical indication. This system also offers online search and facilitates applicants to check their current application status.

vii) Outreach programmes

MyIPO has conducted and organized a number of outreach programmes to raise awareness on the importance of IP protection. Among the programmes include:

•     Celebration of National Intellectual Property Day is held annually.

•     Launched of IP Mobile Clinic to disseminate IP information and to instil creativity among students and public.

•     Introduced Media Action Plan which includes television and radio interviews on IP, publication of IP articles in major newspaper and outdoor advertisement on IP.

•     Publication of MyIP Bulletin twice a year as a platform for writers from IP industry to discuss and put forward commentaries on various IP issues.

•     Introduced MyIPO’s Facebook, Twitter and You Tube to reach out to youth and social media users.

•    Implementation of Knock door-approach which enables MyIPO officials to meet personally with our potential client and disseminate information on IP.

•    Organized IP Summer Camp focusing on school children. 200 school children participated in this programme which was held in May 2013 at Seri Puteri School, Cyberjaya.

•    Participation in business/technology related exhibitions.

viii) Helpdesk

  MyIPO provides Helpdesk service to facilitate applicants and potential client in   using our system as well as to provide IP information.

Brief information on IP Protection in Malaysia is attached as ANNEX I. More information on MyIPO and IPR system in Malaysia are available at www.myipo.gov.my

Contact Details

For enquiries please contact our corporate e-mail: ipmalaysia@myipo.gov.my  or call us at: +603 2299 8400 or visit our office (HQ) at Unit 1-7, Ground Level, Menara UOA Bangsar, No.5, Jalan Bangsar Utama 1, 59000 Kuala Lumpur or any of our branch offices:

INTELLECTUAL PROPERTY CORPORATON OF MALAYSIA

4 JULY 2014

ANNEX I

IPR Protection in Malaysia

•     Patent and Utility Innovation

Protection for patent and utility innovation is governed by the Patents Act 1983 and Patents Regulations 1986.

Patents are protected upon grant for 20 years from the date of filing and subject to yearly renewal. Priority of rights is based on the first-to-file principle.

Utility innovations are protected for ten years from the date of filing subject to yearly renewal and may be protected for two additional five-years terms.

•     Trade Mark

Protection for trade mark is governed by the Trade Marks Act 1976 and Trade Marks Regulations 1997. The protection is given to both goods and services. Registration of a trade mark is protected for an initial period of ten years and renewable for every ten years thereafter.

•     Industrial Design

Protection for industrial design is governed by the Industrial Designs Act 1996 and Industrial Designs Regulations 1999. Registration of an industrial design is protected for an initial period of five years and may be extended for another four 5-years terms. The maximum period of protection is 25 years.

•      Geographical Indication

Protection for geographical indication is governed by the Geographical Indications Act 2000 and Geographical Indications Regulations 2001. The protection is applicable to goods such as natural or agricultural products or any product of handicraft or industry.  The period of protection is ten years and renewable for every ten years thereafter.

•      Copyright and Related Rights

Protection for copyright and related rights are governed by the Copyright Act 1987 and Regulations. Copyright protection subsists upon creation. However, owners of copyright works may register their works at MyIPO on voluntarily basis. Copyright protection for literary, musical or artistic works is for the duration of the life of the author and 50 years after his death. Protection for sound recordings, broadcast or films is for 50 years after the works are first published or made. Protection for the performer’s rights in a live performance subsists for 50 years from the beginning of the calendar year following the year in which the live performance was given or was fixed in a sound recording.

•      Layout Design of Integrated Circuit

Protection for layout design of integrated circuit is governed by the Layout Design of Integrated Circuits Act 200. There is no registration for the layout design of an integrated circuit. The period of protection is 10 years from the date of its commercial exploitation or 15 years from the date of creation if not commercially exploited.

International Treaties

Malaysia is a member of World Intellectual Property Organisation (WIPO) since 1989 and has acceded to seven conventions/treaties/agreements administered by WIPO as follows:

(i) Paris Convention for the Protection of Industrial Property  in 1989;
(ii) Berne Convention for the Protection of Literary and Artistic Works in 1990;
(iii) Patent Cooperation Treaty in 2006;
(iv) Nice Agreement Concerning the International Classification of Goods and Services for the Purposes of the Registration of Marks in 2007;
(v) Vienna Agreement Establishing an International Classification of the Figurative Elements of Marks in 2007;
(vi) WIPO Copyright Treaty in 2012; and
(vii) WIPO Performances and Phonograms Treaty in 2012.

Malaysia is also a signatory to the Trade Related Aspects of Intellectual Property Rights (TRIPs) Agreement since 1995. Malaysia’s IP legislations complies with the TRIPs Agreement and other IP international treaties which Malaysia is a party to.
 

Selamat Hari Raya Aidilfitri and Greetings from MASSA!  This August 2014 edition brings you feature articles contributed by MATRADE’s Trade Commissioner in Santiago,Chile, GS1 Malaysia under the aegis of Federation of Malaysian Manufacturers (FMM), as well as an article from MyIPO, Malaysia’s Intellectual Property Corporation.

GS1 System is a global system that provides for the identification and communication of goods, services and location based on internationally accepted and business led standards.  The system provides a means by which a common language is used to accurately and speedily communicate trading information across the supply chain to any industry in any part of the world.  

MyIPO is an agency under the purview of the Ministry of Domestic Trade, Co-operatives and Consumerism and is responsible for the development and administration of intellectual property rights (IPR) system in Malaysia. 

Our Trade Commissioner in Santiago gives us the latest updates on trending business developments in Chile.

We urge members to keep abreast of these new and emerging developments that can/may have beneficial impact to your respective businesses.

MASSA had a few visitors in second quarter of 2014.  Amongst them include, a delegation from West African Ports, officials from the Department of Trade & Industry from the Republic of South Africa and also an Ethiopian Government delegation on a study tour of Malaysia to learn about export promotion strategies.

As members are aware, MASSA is co-organising a business mission to Timor-Leste with The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), to be led by Tan Sri Dato’ Soong Siew Hoong who is MASSA’s EXCO member and Executive Adviser to ACCCIM.  The mission will take place from 6 to 10 October 2014. The organising committee had a timely meeting with officials from the Ministry of Commerce, Industry and Environment of Timor-Leste led by Mr Marcio Rosa Lay, to better plan and prepare for the upcoming mission.  We urge members to join the mission and explore the green field projects in sectors that include infrastructure, oil & gas, healthcare, mining, tourism, agriculture and manufacturing in this young nation.

Members are also requested to keep in view upcoming activities in the fourth quarter of 2014 which include the Showcase Bangladesh 2014 that will take place at KLCC from 14 to 16 November 2014.  INTRADE Malaysia 2014 will be held on 20 to 22 October 2014.

We look forward to members’ participation in these events.

Fatimah Sulaiman
Editor   

2014 to date has shown us that the global economy is still on a shaky growth path.  This is evidenced by the improved but still weak growth conditions that have emerged in many of the advanced economies.  Growth in the advance economies will positively impact emerging markets through the strengthening of external demand for their exports, and thus contribute to an acceleration in their growth.  This would augur well for the South-South markets that we operate in. 

Malaysia will also benefit from the positive global growth environment.  It’s economy remains resilient and is projected to grow by 4.5% – 5.5% in  2014.  The strong growth of 6.2% in the first quarter of 2014 came mainly from stronger exports  and sustained private sector expenditure.  Private investments continue to gain traction as improvements in trade and manufacturing activities provided further impetus to the services sector.  Barring unforeseen circumstances, Malaysia’s economic growth outlook for 2014 will be sustainable.  

Asean Economic Community will soon become a reality in 2015 when Malaysia will be the Chair of ASEAN.  The goal of this regional economic integration is to create a single market and production base resulting in a highly competitive economic region with free movement of goods, services, investments, skilled labour and freer flow of capital.

While we may be busy positioning ourselves and our businesses for this paradigm change in Asean, we must not forget that our South-South connections will be able to give us the competitive edge as they remain a valuable source of resources and will also be a growth market for our end products and services.  We encourage members to stay connected and plugged into the South-South networks.

I want to thank members who attended MASSA’s 23^rd Annual General Meeting held on 23 June 2014 at Bangunan AmBank Goup, Kuala Lumpur.  It was heartening to see the renewal of friendships and acquaintances, the catching up of business updates over tea after the AGM.   

I take this occasion to wish all our Muslim members, friends and readers, “Selamat Hari Raya Aidilfitri”, “Maaf Zahir Batin” during this festive season.

Tan Sri Azman Hashim

President

                                                  Working for Prosperity

Introduction

SHOWCASE BANGLADESH 2014 will be organized by Bangladesh-Malaysia Chamber of  Commerce & Industry (BMCCI) in collaboration with the Bangladesh High Commission in Kuala Lumpur, Malaysia South-South Association (MASSA), Malaysia External Trade Development Corporation (MATRADE) and Malaysian Industrial Development Authority (MIDA).

Objectives

Scheduled to be held in Kuala Lumpur Convention Centre (KLCC), Kuala Lumpur from 14th to 16th November 2014, the objective of this event will focus on the trade, economic and business enhancement between Bangladesh and Malaysia.

The Showcase event will promote and project Bangladesh for a total branding of its image, heritage, and culture in Malaysia and will introduce Bangladeshi products and services to potential buyers and importers in Malaysia.

The Showcase event will include business seminars to highlight the Economic Development of Bangladesh and the potential for Cross Border Investment opportunity  in many sectors of the economy of Bangladesh.

Targetted Sectors include:-

• Banking & Insurance Services

• Readymade Garments both Woven and Knitted

• Home Textiles

• Hotel & Tourism

• Halal Foods including Frozen Foods & Allied Products

• Leather Products

• Pharmaceutical, Herbal & Ayurvedic Products

• Plastic & Melamine Products

• Ceramic Tablewares

• Cosmetics & Toiletries

• Real Estate & Housing

• Service Sectors

The Showcase event welcomes:-

• Potential Buyers and Importers of Malaysia

• Prospective Investors, business and trade partners from Malaysia

• Bangladeshi Expatriates

• Others (Chambers, Associations, Experts, etc.)

Members will be kept informed of further details in due course.

Premier Screening of

“Mandela: Long Walk to Freedom” Movie

on 8th January 2014

The High Commission of the Republic of South Africa together with Suraya Film Production & Distribution and Malaysian South African Business Council organised the Premiere Screening of the movie “Mandela:Long Walk to Freedom” at GSC Pavilion, Kuala Lumpur on 8th January 2014.

H.E. Mr Thami D Mseleku, High Commissioner Extraordinary and Plenipotentiary of Republic South Africa was the Guest of Honour.  His Excellency gave a moving speech and tribute to Nelson Mandela.   The movie “Mandela: A Long Walk to Freedom” gave a timely glimpse into the history of the new South Africa and how Nelson Mandela rose to become a critical component of this country’s history and his journey for freedom, equality and social justice for Republic of South Africa. 

We congratulate the producers of this movie, an epic portrayal of the towering man that Mandela was (and still is in so many ways…..).

We thank the High Commission of the Republic of South Africa and MSABC for giving MASSA the opportunity to be a part of this premiere screening.

Visit Of Africa South East Asia Chamber of

Commerce, Singapore to MASSA Secretariat

on 19th February 2014  

MASSA meeting with Mr Kelvin Tan, EXCO member and Treasurer of Africa South East Asia Chamber of Commerce based in Singapore to discuss joint collaboration of events and activities for MASSA members.  

(From left to right) Mr Kelvin Tan, Ms Ng Su Fun, Executive Secretary, MASSA

and Ms Florence Khoo of MASSA Secretariat

Myanmar – Malaysia SME Products And Services

Exhibition & Seminar 2014 – Innovative Green

Technology At Yangon, Myanmar

from 27th February to 3rd March 2014

The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) and Myanmar Industries Association (MIA) co-organized the Myanmar-Malaysia SME Products & Services Exhibition & Seminar 2014 – Innovative Green Technology in Yangon, Myanmar.

The Exhibition was jointly open by Leaders of Co-Organisers

MASSA was one of the supporting organisation together with MATRADE, Tourism Malaysia, Federation of Malaysian Manufacturers (FMM), Federation of Malaysian Foundry and Engineering Industries Associations (FOMFEIA), Malaysian Myanmar Business Council (MMBC) and Malaysian Association of Myanmar (MAM) for this event.

(3rd from right) H.E. U Myint Swe, Chief Minister of Yangon Region

Government with (2nd from left) U Zaw Min Win, Chairman of Myanmar

Industrial Association visiting the exhibition booths

The objective of this exhibition was to provide a formal platform to allow the business community of Malaysia and Myanmar to develop a strong, friendly and solid interpersonal business relationship through the official Myanmar associations and Malaysian chambers.  It also helped to expand their contacts for business opportunity in ASEAN and to engage directly with trade partners and consumers.

The other objectives of the exhibition were:-

Group photo between Office-Bearers of ACCCIM, also organiser of the Exhibition and

(5th from left) H.E. Dr. Pwint Sann, Deputy Minister of Ministry of Commerce, Myanmar 

There were 147 exhibition booths displaying products and services, both from Myanmar and Malaysia at the exhibition ranging from education services provider, healthcare, manpower, tourism, food processing equipment and packaging, machinery, consumer products, construction hardware, home electronic appliance, office furniture, etc… 67 Malaysian companies participated in the exhibition.    More than 300 Malaysian visitors, including a delegation from Chinese Business Chamber, Mauritius came to support and attend this exhibition.

 

Tan Sri Dato’ Soong Siew Hoong delivered a Speech at one of

the Seminars

One-to-one business meetings were also organised for all Malaysian exhibitors by the organisers. Prominent speakers from Malaysia and Myanmar were invited to speak at Seminars organised on topics related to SMEs. A number of agreements and Memorandum of Understanding (MOUs) were signed at the end of the exhibition.

Signing of MOU between Malaysia and Myanmar enterprises