Malaysia increases support for exporters amid Middle East crisis
The Malaysia External Trade Development Corporation (MATRADE) says it is intensifying efforts to assist Malaysian exporters navigating disruptions caused by the ongoing Middle East crisis.
In a statement following a webinar on the issue, MATRADE stressed its commitment to keeping exporters informed and agile as geopolitical tensions reshape global trade routes, increase logistics costs, and alter market dynamics.
The Chief Executive Officer, Abu Bakar Yusof, said that the agency was collaborating closely with its overseas network and industry stakeholders to help businesses remain resilient.
Webinar panellists recommend that exporters adopt proactive strategies, including diversifying into new markets, adjusting shipment terms, strengthening buyer verification, and leveraging digital tools and artificial intelligence to enhance efficiency.
Despite rising logistics costs, MATRADE said the situation remained manageable, with emerging trade routes and partnerships providing opportunities.
The agency added that Malaysia was well-positioned to reinforce its role as a reliable and strategic supplier in global markets.
(Xinhua/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
Ex-AGF Michael Aondoakaa mourns victims of Benue killings, demands action to end bloodshed
He said the latest killings highlighted the continued vulnerability of communities in Benue to violent attacks.
Africa
ICPC urges African leaders to scale up fight against anti-corruption
According to him, integrity, transparency, and the rule of law remain the foundation for sustainable development, democratic governance and economic growth in Africa.
Lagos
Lagos urges anti-harassment policies to protect women, workers
She noted that women accounted for more than 90 per cent of the reported workplace harassment cases.
States
Flooding: Ekiti LG boss warns residents against building structures on waterways
“We will no longer tolerate lawlessness and violations of government directives stating that nobody should build houses on waterways,” she said.
States
Ogun govt threatens to close markets over indiscriminate dumping of waste
Mr Akintunde described the practice of dumping refuse in markets rather than at designated collection points as unacceptable.
Politics
2027: PDP uploads presidential, National Assembly candidates’ names on INEC portal
The PDP uploaded the names of its 2027 presidential, vice-presidential, and NASS candidates to the INEC nomination portal.
