{"id":61393,"date":"2020-02-10T11:23:22","date_gmt":"2020-02-10T03:23:22","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=61393"},"modified":"2020-02-10T14:47:13","modified_gmt":"2020-02-10T06:47:13","slug":"miti-agencies-to-strengthen-to-face-global-market-challenges","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=61393","title":{"rendered":"Updated: MITI, agencies to strengthen to face global market challenges"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img loading=\"lazy\" src=\"http:\/\/www.namnewsnetwork.org\/wp-content\/uploads\/2019\/03\/darell-leiking-miti.jpg\" alt=\"\" class=\"wp-image-16387\" width=\"260\" height=\"173\" srcset=\"http:\/\/namnewsnetwork.org\/wp-content\/uploads\/2019\/03\/darell-leiking-miti.jpg 640w, http:\/\/namnewsnetwork.org\/wp-content\/uploads\/2019\/03\/darell-leiking-miti-300x200.jpg 300w, http:\/\/namnewsnetwork.org\/wp-content\/uploads\/2019\/03\/darell-leiking-miti-555x370.jpg 555w, http:\/\/namnewsnetwork.org\/wp-content\/uploads\/2019\/03\/darell-leiking-miti-600x400.jpg 600w\" sizes=\"(max-width: 260px) 100vw, 260px\" \/><figcaption>KUALA LUMPUR: Minister of International Trade and Industry Darell Leiking says Malaysia will continue with efforts towards becoming a self-sustaining nation. Photo courtesy of BERNAMA.<\/figcaption><\/figure><\/div>\n\n\n\n<p>KUALA LUMPUR, Feb 10 (NNN-BERNAMA) &#8212; The Ministry of International Trade and Industry (MITI)\u00a0and its agencies\u00a0will be strengthening its forces to ensure the success of the\u00a0Shared Prosperity Vision 2030, despite the ongoing global challenges.<\/p>\n\n\n\n<p>Minister Datuk Darell Leiking said the ministry needs to ensure that the country is able to handle the obstacles and become a self-sustaining country.<\/p>\n\n\n\n<p>Speaking to reporters after the ministry\u2019s monthly assembly here today, he said that&nbsp;MITI&nbsp;will be increasing its focus on&nbsp;the manufacturing and smart agriculture industries.<\/p>\n\n\n\n<p>He also called upon the statesto provide a wishlist towards boosting their respective economies.<\/p>\n\n\n\n<p>&#8220;Not all states have the same needs, some might need expertise in high technology, some might not,\u201d he said, adding that the states are also jointly responsible in attracting&nbsp;investors to set up their business in the country.<\/p>\n\n\n\n<p>Meanwhile, Darell said according to the&nbsp;Malaysia External Trade Development Corporation, Malaysia\u2019s trade&nbsp;surplus recorded a double-digit growth last year.<\/p>\n\n\n\n<p>In 2019, it grew by 11 per cent to&nbsp;RM137.39 billion from RM123.78 billion recorded in 2018.<\/p>\n\n\n\n<p>However, total trade declined&nbsp;2.5 per cent to RM1.84 trillion last year due to the softer global demand as a result of trade tensions and unfavorable external economic conditions.<\/p>\n\n\n\n<p>Exports also fell&nbsp;by 1.7 per cent to RM986.4 billion and imports eased by&nbsp;3.5 per cent to RM849.01 billion.<\/p>\n\n\n\n<p>Meanwhile, the ministry&nbsp;will be meeting with industry associations to gauge the impact of the 2019 Novel Coronavirus outbreak on their businesses tomorrow, and to obtain their views and suggestions on the measures that the government could put in place to help mitigate the impact.<\/p>\n\n\n\n<p>&#8212; BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, Feb 10 (NNN-BERNAMA) &#8212; The Ministry of International Trade and Industry (MITI)\u00a0and its agencies\u00a0will be strengthening its forces to ensure the success of the\u00a0Shared Prosperity Vision 2030, despite the ongoing global challenges. Minister Datuk Darell Leiking said the ministry needs to ensure that the country is able to handle the obstacles and become [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":16387,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[288,300,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/61393"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61393"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/61393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/16387"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61393"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}