The Times Australia
News From Asia

.

RM 58.6 million secured from SME Trade Mission to Taiwan

KUALA LUMPUR, MALAYSIA - Media OutReach - 12 April 2023 - The SME Trade Mission to Taiwan led by Small and Medium Enterprises Association of Malaysia (SAMENTA) secured a total of RM 58.6 million in potential business over a 3-day period.



The trade mission was also among the largest-ever, with over 200 SMEs participating. Delegates consisted of Malaysian SME owners from various industries, including those from Professional & Business Services, Construction and Property, and Transportation & Logistics.

During the trade mission, delegates had the opportunity to visit the Taipei Smart City Expo, followed by a business matching session facilitated by SAMENTA and MATRADE Taipei. A high-powered trade and investment seminar followed, which was officiated by the Acting President of Malaysia Friendship and Trade Centre, Syaja Abdullah, Datuk William Ng, Chairman of SAMENTA and Victor M. H. Lee, Deputy Director General of the Department of Investment Services, Ministry of Economic Affairs of Taiwan.

The delegates also met with local government officials and associations to learn about the business guidelines in Taiwan. The visit provided valuable insights into the business environment in Taiwan and helped delegates better understand the local market.

"We are delighted with the outcome of the SAMENTA SME Trade Mission to Taiwan. It has provided valuable business opportunities for our SMEs and helped to promote Malaysia as a business-friendly destination. We look forward to organizing similar trade missions in the future to further enhance business ties between Malaysia and other countries at the B2B level", Datuk William Ng said.

"With our economy re-opening, we need to quickly seal our position in the global supply chain, and that means showing the capability of not just our larger players, but also the depth and strength of our SME and vendor ecosystem. There is no better to do so than to showcase such capability in person", Ng added.

The trade mission was supported by various government agencies and industry associations such as MATRADE, MFTC, MAYCHAM, MDEC, SIDEC from Malaysia and the Ministry of Economic Affairs and InvesTaiwan from Taiwan.

The next SAMENTA SME Trade Mission will be to Indonesia in July 2023.

Hashtag: #SAMENTA

The issuer is solely responsible for the content of this announcement.

About SAMENTA

Established in 1986, SAMENTA is Malaysia's oldest and largest association of SMEs, with over 3,000 members across the country. A multi-racial, multi-sector association, SAMENTA has been at the forefront of championing a SME-friendly business environment and connecting SMEs to regional and global opportunities.

Times Magazine

Building an AI-First Culture in Your Company

AI isn't just something to think about anymore - it's becoming part of how we live and work, whether we like it or not. At the office, it definitely helps us move faster. But here's the thing: just using tools like ChatGPT or plugging AI into your wo...

Data Management Isn't Just About Tech—Here’s Why It’s a Human Problem Too

Photo by Kevin Kuby Manuel O. Diaz Jr.We live in a world drowning in data. Every click, swipe, medical scan, and financial transaction generates information, so much that managing it all has become one of the biggest challenges of our digital age. Bu...

Headless CMS in Digital Twins and 3D Product Experiences

Image by freepik As the metaverse becomes more advanced and accessible, it's clear that multiple sectors will use digital twins and 3D product experiences to visualize, connect, and streamline efforts better. A digital twin is a virtual replica of ...

The Decline of Hyper-Casual: How Mid-Core Mobile Games Took Over in 2025

In recent years, the mobile gaming landscape has undergone a significant transformation, with mid-core mobile games emerging as the dominant force in app stores by 2025. This shift is underpinned by changing user habits and evolving monetization tr...

Understanding ITIL 4 and PRINCE2 Project Management Synergy

Key Highlights ITIL 4 focuses on IT service management, emphasising continual improvement and value creation through modern digital transformation approaches. PRINCE2 project management supports systematic planning and execution of projects wit...

What AI Adoption Means for the Future of Workplace Risk Management

Image by freepik As industrial operations become more complex and fast-paced, the risks faced by workers and employers alike continue to grow. Traditional safety models—reliant on manual oversight, reactive investigations, and standardised checklist...

The Times Features

What Is the Dreamtime? Understanding Aboriginal Creation Stories Through Art

Aboriginal culture is built on the deep and important meaning of Dreamtime, which links beliefs and history with the elements that make life. It’s not just myths; the Dreamtime i...

How Short-Term Lenders Offer Long-Lasting Benefits in Australia

In the world of personal and business finance, short-term lenders are often viewed as temporary fixes—quick solutions for urgent cash needs. However, in Australia, short-term len...

Why School Breaks Are the Perfect Time to Build Real Game Skills

School holidays provide uninterrupted time to focus on individual skill development Players often return sharper and more confident after structured break-time training Holid...

Why This Elegant Diamond Cut Is Becoming the First Choice for Modern Proposals

Personalised engagement styles are replacing one-size-fits-all traditions A rising diamond cut offers timeless elegance with a softer aesthetic Its flexible design wo...

Is sleeping a lot actually bad for your health? A sleep scientist explains

We’re constantly being reminded by news articles and social media posts that we should be getting more sleep. You probably don’t need to hear it again – not sleeping enough i...

Ricoh Launches IM C401F A4 Colour MFP to Boost Speed and Security in Hybrid Workplaces

Ricoh, a leading provider of smart workplace technology, today launched the RICOH IM C401F, an enterprise-grade A4 colour desktop multifunction printer (MFP) designed for Austral...