Thursday, May 30, 2013

Tap Overseas Markets, Matrade Urges East Coast Entrepreneurs

KUALA TERENGGANU, May 29 (Bernama) -- The Malaysia External Trade Development Corporation (Matrade) has urged entrepreneurs in Peninsular Malaysia's east coast states to move out of their comfort zone and explore overseas markets for bigger profits and enhanced branding.

Source from (Bernama): http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=952767
Published: May 30, 2013

In making the call, Matrade Eastern Region director Hasziah Mohd Yazid said although some local brands are of high quality and are widely accepted, they seldom do consistently well in overseas markets because local entrepreneurs' production is often too small to meet demand.

She spoke to Bernama at a workshop for 54 entrepreneurs from Kelantan, Terengganu and Pahang from 36 sectors including frozen food, carbonated drinks and pre-mixed coffee, textiles, wood and furniture, as well as engineering, real estate and training.

The workshop was facilitated by A B Teoh, a senior university lecturer in Kuala Lumpur and a regular contributor to Trademart, Matrade's bimonthly newsletter for Malaysian exporters, and author of 'Exporting and International Trade'.

Hasziah said besides including prospective exporters in the Matrade exporters registry, the corporation also makes visits to local exporters' manufacturing plants, working closely with the Terengganu Entrepreneur Development Foundation (YPU) to help local exporters penetrate overseas markets.

Upcoming Matrade workshops in the region include an export promotion workshop in Kuantan in September, a batik and handicrafts export seminar in Kota Baharu in November, and an e-commerce seminar in Kelantan.

-- BERNAMA

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