Malaysia boosts trade in PH

By PR |March 12,2018 - 02:20 PM

THE Malaysia Promotion Programme (MPP) will take place in Manila from March 11 to 18, under the theme, “Choose Malaysia”.

The MPP is aimed to promote greater trade, investment, and tourism activities between Malaysia and the Philippines. Previous editions of MPP were held in London and Sydney. This year, Manila is chosen for its 2018 edition.

Trade between Malaysia and the Philippines in 2017 registered an increase of 21.4% from 2016. The Philippines was Malaysia’s 15th largest trading partner in 2017.

Current economic development in the Philippines especially in the digital economy and Build Build Build agenda has created more interest from Malaysian suppliers and service providers to venture into this country.

In March, 70 Malaysian companies and government agencies in various industries such as ICT, construction & building materials, furniture, food, and beverages will be in Manila to meet with their counterparts.

In conjunction with MPP, MATRADE will organize the Malaysia Business Forum on 12 March 2018 at Makati Shangri-La. The Theme is Leveraging Partnership: ASEAN and Beyond is to encourage businesses in both countries to further engage in cross-border trade and investment. Partnerships between Malaysia-Philippines businesses is also encouraged in venturing into other ASEAN member states and other regions. The Honorable Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry Malaysia will be delivering the Keynote Address. Breakout sessions to discuss further on collaborations in ICT and construction industries will be held in the afternoon.

Citarasa Malaysia or simply “Taste of Malaysia” is aimed to promote Malaysia’s food & beverage, culture, and tourism. This event will be held on March 11-13 at Glorietta 2, Activity Center, Palm Drive from 10 AM to 8 PM. Activities arranged to include, Malaysian cultural performances, business matching, quizzes, food sampling and food demo.

30 Malaysian exporters of quality building & construction materials and furniture will be participating in Worldbex 2018. /PR

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