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Daily Express
12-06-2025
- Business
- Daily Express
Government commits to increasing women-owned companies
Published on: Thursday, June 12, 2025 Published on: Thu, Jun 12, 2025 By: Bernama Text Size: Women owned 219,015 businesses, making up 20.1pc of establishments in 2022 according to the Malaysian Department of Statistics (DoSM). Kuala Lumpur: The percentage of women-owned companies in Malaysia are still low compared to other Asean countries, at about 20 per cent or 210,000 companies out of all enterprises in the country. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government through the Malaysia External Trade Development Corporation (MATRADE) would strive to increase the percentage through various new programmes and policies. Advertisement 'In helping women access overseas markets more effectively, the government is committed to providing trade facilities such as MADANI Digital Trade, Malaysia International Halal Showcase (MIHAS) and also trade missions to various countries,' he said during the opening ceremony of the Women in Export (WiEX) Forum 2025 earlier this week. Tengku Zafrul said the initiative implemented was open to women entrepreneurs who wanted to explore international markets, including emerging markets such as West Asia, Africa and Eastern Europe, which have high demand for Malaysian products. 'MATRADE also constantly monitors the participation of female entrepreneurs in international exhibitions and overseas trade missions so that women can become competitive exporters on the international stage,' he said. Meanwhile, MATRADE chairman Datuk Seri Reezal Merican Naina Merican said the participation of Asian women in the economy, comprising only 30 to 35 per cent, shows that there are still untapped economic opportunities. 'Therefore, to assist women-owned companies in the export market, MATRADE has allocated 40 per cent of the RM14.89 million in export grants to 6,711 women-owned companies,' he said at the event. Regarding the organisation of WiEX, he said the forum was important as a meeting place to empower women in the export ecosystem and, by 2026, the forum would be known as the Women International Exporters Expo. 'The WiEX Forum has become the perfect platform to celebrate and recognise women entrepreneurs who want to make a name for themselves in the international arena. All the knowledge, inspiration and strategies shared today are valuable gifts that can guide their respective journeys,' he said. Therefore, Reezal Merican said MATRADE has launched an e-directory that serves as a bridge connecting products and services provided by women-owned companies. 'This platform will showcase to the world the great products and services produced by Malaysian women. It will facilitate business collaboration, build international networks and, most importantly, provide direct access to global markets. 'This initiative is in line with the National Women's Policy 2025-2030 and sustainable development goals, demonstrating the government's unwavering commitment to empowering women in the trade sector,' he added. Also present were Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, chairman of the Umno Malaysia Women's and Family Affairs Council (HAWA) Tan Sri Shahrizat Abdul Jalil and MATRADE chief executive officer Datuk Mohd Mustafa Abdul Aziz. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Sun
10-06-2025
- Business
- The Sun
Govt committed to increase women-owned companies
KUALA LUMPUR: The percentage of women-owned companies in Malaysia are still low compared to other ASEAN countries, at about 20 per cent or 210,000 companies out of all enterprises in the country. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government through the Malaysia External Trade Development Corporation (MATRADE) would strive to increase the percentage through various new programmes and policies. 'In helping women access overseas markets more effectively, the government is committed to providing trade facilities such as MADANI Digital Trade, Malaysia International Halal Showcase (MIHAS) and also trade missions to various countries,' he said during the opening ceremony of the Women in Export (WiEX) Forum 2025 today. Tengku Zafrul said the initiative implemented was open to women entrepreneurs who wanted to explore international markets, including emerging markets such as West Asia, Africa and Eastern Europe, which have high demand for Malaysian products. 'MATRADE also constantly monitors the participation of female entrepreneurs in international exhibitions and overseas trade missions so that women can become competitive exporters on the international stage,' he said. Meanwhile, MATRADE chairman Datuk Seri Reezal Merican Naina Merican said the participation of Asian women in the economy, comprising only 30 to 35 per cent, shows that there are still untapped economic opportunities. 'Therefore, to assist women-owned companies in the export market, MATRADE has allocated 40 per cent of the RM14.89 million in export grants to 6,711 women-owned companies,' he said at the event. Regarding the organisation of WiEX, he said the forum was important as a meeting place to empower women in the export ecosystem and, by 2026, the forum would be known as the Women International Exporters Expo. 'The WiEX Forum has become the perfect platform to celebrate and recognise women entrepreneurs who want to make a name for themselves in the international arena. All the knowledge, inspiration and strategies shared today are valuable gifts that can guide their respective journeys,' he said. Therefore, Reezal Merican said MATRADE has launched an e-directory that serves as a bridge connecting products and services provided by women-owned companies. 'This platform will showcase to the world the great products and services produced by Malaysian women. It will facilitate business collaboration, build international networks and, most importantly, provide direct access to global markets. 'This initiative is in line with the National Women's Policy 2025-2030 and sustainable development goals, demonstrating the government's unwavering commitment to empowering women in the trade sector,' he added. Also present were Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, chairman of the Umno Malaysia Women's and Family Affairs Council (HAWA) Tan Sri Shahrizat Abdul Jalil and MATRADE chief executive officer Datuk Mohd Mustafa Abdul Aziz.
The Sun
10-06-2025
- Business
- The Sun
Malaysia boosts women-owned firms in exports
KUALA LUMPUR: The percentage of women-owned companies in Malaysia are still low compared to other ASEAN countries, at about 20 per cent or 210,000 companies out of all enterprises in the country. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government through the Malaysia External Trade Development Corporation (MATRADE) would strive to increase the percentage through various new programmes and policies. 'In helping women access overseas markets more effectively, the government is committed to providing trade facilities such as MADANI Digital Trade, Malaysia International Halal Showcase (MIHAS) and also trade missions to various countries,' he said during the opening ceremony of the Women in Export (WiEX) Forum 2025 today. Tengku Zafrul said the initiative implemented was open to women entrepreneurs who wanted to explore international markets, including emerging markets such as West Asia, Africa and Eastern Europe, which have high demand for Malaysian products. 'MATRADE also constantly monitors the participation of female entrepreneurs in international exhibitions and overseas trade missions so that women can become competitive exporters on the international stage,' he said. Meanwhile, MATRADE chairman Datuk Seri Reezal Merican Naina Merican said the participation of Asian women in the economy, comprising only 30 to 35 per cent, shows that there are still untapped economic opportunities. 'Therefore, to assist women-owned companies in the export market, MATRADE has allocated 40 per cent of the RM14.89 million in export grants to 6,711 women-owned companies,' he said at the event. Regarding the organisation of WiEX, he said the forum was important as a meeting place to empower women in the export ecosystem and, by 2026, the forum would be known as the Women International Exporters Expo. 'The WiEX Forum has become the perfect platform to celebrate and recognise women entrepreneurs who want to make a name for themselves in the international arena. All the knowledge, inspiration and strategies shared today are valuable gifts that can guide their respective journeys,' he said. Therefore, Reezal Merican said MATRADE has launched an e-directory that serves as a bridge connecting products and services provided by women-owned companies. 'This platform will showcase to the world the great products and services produced by Malaysian women. It will facilitate business collaboration, build international networks and, most importantly, provide direct access to global markets. 'This initiative is in line with the National Women's Policy 2025-2030 and sustainable development goals, demonstrating the government's unwavering commitment to empowering women in the trade sector,' he added. Also present were Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, chairman of the Umno Malaysia Women's and Family Affairs Council (HAWA) Tan Sri Shahrizat Abdul Jalil and MATRADE chief executive officer Datuk Mohd Mustafa Abdul Aziz.
New Straits Times
07-05-2025
- Business
- New Straits Times
Matrade gets RM50mil allocation to boost export market expansion
KUALA LUMPUR: The Malaysia External Trade Development Corporation (Matrade) has welcomed the government's announcement of an additional RM50 million allocation, aimed at accelerating the exploration of new markets for Malaysian businesses. This move, announced by Prime Minister Datuk Seri Anwar Ibrahim, highlights the Madani government's commitment to ensuring Malaysia's economic resilience and competitiveness amid global trade challenges. Matrade chairman Datuk Seri Reezal Merican Naina Merican said the additional funding aligns with the MADANI government's agenda and the Ministry of Investment, Trade and Industry's leadership to further expand Malaysia's export expansion. "The additional RM50 million allocation is a strategic boost that will empower Matrade to accelerate our market diversification strategy and support Malaysian businesses," he said in a statement. Reezal encouraged export-orientated companies, particularly mid-tier companies and micro, small, and medium enterprises (MSMEs), to seize this opportunity and reach out to Matrade for assistance in expanding their global presence. While strengthening trade relations with traditional markets such as the United States, China, ASEAN, and the European Union, Matrade is also stepping up efforts to tap into emerging markets in regions like Latin America, Central Asia, South Asia, and Africa. In 2024, Malaysia's exports to these markets recorded encouraging growth, particularly to South Asia and the Middle East, which expanded by 11.8 per cent and 6.3 per cent, respectively. MATRADE is supporting Malaysian exporters, especially SMEs, in expanding into new markets and reinforcing global trade connections through targeted initiatives such as international trade expos, export acceleration missions, business matching programmes, and digital tools like the MADANI Digital Trade (MDT) platform. The organisation encourages all export-focused companies, particularly Mid-Tier Companies (MTCs) and Micro, Small, and Medium Enterprises (MSMEs), to take advantage of this opportunity and connect with MATRADE for expert guidance and assistance in growing their global footprint.
