MATRADE TO LEAD BUSINESS DELEGATION TO MYANMAR

KUALA LUMPUR, March 28 (Bernama) -- The Malaysia External Trade Development
Corporation (MATRADE) will lead a 11-member marketing mission to Yangon,
Myanmar, from March 28 to 30, led by its Deputy-Director of Professional and
Business Services Section Haridass Nagalingam.

Malaysian companies, representing a wide range of Malaysian products and
services, would also participate in the three-day mission which would include
pre-arranged business matching sessions.

The mission will also include plant visits to Malaysian companies in
Myanmar, a presentation by the Secretary-General of the Union of Myanmar
Federation of Chambers of Commerce and Industry and a talk by the President of
the Malaysia Myanmar Association.

There were over 40 Malaysian companies operating in Myanmar covering the oil
and gas, automotive, palm oil, household products, processed food and building
materials sectors, Haridass said in a statement Monday.

In 2010, Malaysia's bilateral trade with Myanmar was valued at US$630
million (US$1.00 = RM3.02) with Malaysia's exports to Myanmar valued at US$390
million and imports from Myanmar valued at US$240 million.

The strong export performance was driven mainly by Myanmar's strong demand
for palm oil, petroleum products, chemical and chemical products, iron and
steel, machinery and processed food.

In January 2011, Malaysia's total exports to Myanmar increased 84.7 per cent
to US$44 million, from US$23.4 million, registered in January 2010.