LATEST NEWS   The recovery of 70 pct of 1MDB assets is proof of MACC’s capability and ongoing commitment to reclaiming assets acquired illegally - MACC | The total 1MDB asset recovery so far is RM29,752,034,475.13, which is 70 per cent of the RM42 billion believed to have been misappropriated - MACC | 341 media practitioners have benefited from Tabung Kasih@Hawana since its introduction in April 2023 - Fahmi | ePlacement selection system will be changed from a first come, first-served method to a more transparent merit-based system - Health DG | The ePlacement application dates set for March 25, 26 and 27 have been postponed - Health DG | 
Ad Banner
Ad Banner

Reezal Merican’s Term As MATRADE Chairman Extended For Two Years

KUALA LUMPUR, March 14 (Bernama) -- Datuk Seri Reezal Merican Naina Merican will remain chairman of the Malaysia External Trade Development Corporation (MATRADE) for another two years, starting April 18, 2025.  

Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz announced the extension yesterday at the launch of Madani Digital Trade at the Malaysia International Trade and Exhibition Centre.  

In a statement today, MATRADE said Reezal Merican’s tenure was extended in recognition of his leadership since his appointment in April 2023.  

Ad Banner

"Under his leadership, MATRADE has achieved significant milestones in boosting Malaysia’s export value and strengthening the country’s global competitiveness.  

"In 2024, exports rose 5.7 per cent to RM1.508 trillion, reaching 87.2 per cent of the target set under the Mid-Term Review of the 12th Malaysia Plan," the agency said.  

Reezal Merican also played a key role in the success of the Malaysia International Halal Exhibition (MIHAS), which gained global recognition.  

Ad Banner
Ad Banner

"MIHAS 2023 set a Guinness World Record for the 'Largest Attendance at a Halal Trade Exhibition,' while MIHAS 2024 recorded its highest-ever sales of RM4.3 billion, up 34 per cent from the previous year," it said.  

Additionally, he led the Export Acceleration Mission to Egypt and Libya, securing RM250 million in sales and expanding opportunities for Malaysian exporters in the Middle East and North Africa region.  

His continued leadership is expected to further strengthen MATRADE’s role in driving Malaysia’s international trade growth, according to the statement.

-- BERNAMA