The recently completed event held on 23rdFeb,2010 at Berjaya Times Square Hotel in Kuala Lumpur as stated above hosted by MIDA,SME Corp (formerly SMIDEC) plus other MITI’s Agencies and some other sponsors have enabled Malaysian businesses especially from the SMEs to understand the latest thoughts,actions and events that MITI will initiate and support SMEs especially from the services sector.
The Honourable Minister YB Dato’Sri Mustapa Mohamed delivered the Keynote Address to over 800 participants and among his highlights were:
1.MITI NKRAs and MKRAs are being “worked on” by his officials and new areas of growth like aerospace,biotech,green technology are expected to be further promoted and get good results..
2.More efforts to get domestic investments as compared to FDIs initiatives.For 2020,60% will be from domestic investments and 40% from FDIs
3.SMEs especially from services sector to get more support and learn to leverage from all those opportunities like Matrade initiatives overseas,regional development like Intra ASEAN Trade,ASEAN with China,Korea and Aust/NZ trade etc..
4.MITI Outreach Program -do more for domestic sector
Later,the Minister MITI himself coordinated the Q&A session with all participants and based on all the issues raised Ramli think it was a good session but like in business,there are more that can be done to make it better…
Later we all had a good lunch at the hotel.Thank You MIDA & SME Corp and all that the Sponsors.
At 2.30 pm there was the Concurrent Seminar from MIDA and SME Corp.
Ramli attended the SME Corp session.However the crowd was less than the morning session.
The highlights as what Ramli observed was:
1.Total SMEs in Malaysia now was 548,267 cos and the composition was services=86.6%,manufacturing=7.2% and agriculture=6.2%
2.Contribution of SMEs to GDP = 32% in 2005 and 37% in 2010 (forecast)
3.Contribution of SMEs to Employment is 56.4% in 2005 and 57% in 2010 (forecast)
4.Efforts to build capacity and capability of SMEs ongoing in 2010..pls refer to smecorp
5.visit http://www.cybersafe.my..all about making your internet presence safe and worthwhile
6.Assessment methods introduced like MSC’s “Score Petals” in areas like:
f.Talent/Human Resource Development
7.4 Pillars of Green Technology
please visit http://www.gtfs.my
25,000 tons of waste everyday in Malaysia and 80% are recyclable
also visit http://www.ptm.org.my ..for more info on this Green Technology
Later as usual we had the Q&A session and hopefully all issues raised will be followup by all the relevant 14 Ministries and almost 60 Agencies involved with this SMEs businesses.
For more info,please contact MIDA or SMECorp and you can call Ramli at 019-2537165 or email: email@example.com if you need further assistance and also Ramli’s products and services.See also Ramli’s profile at http://www.linkedin.com/in/ramlipromoter.