BUSINESSES WORTH US$205.5 MILLION IDENTIFIED AT MATRADE-LED EVENTS IN BANGLADESH

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysian companies identified actual
sales of RM1.4 million (US$1=RM3.5) and potential business worth RM722.7 million
at recent events in Dhaka, Bangladesh, the Malaysia External Trade Development
Corporation (Matrade) said.

It said Matrade organised the participation of 16 companies at the Malaysia
Product and Services Exhibition from Aug 7 to 9 with the objective of supporting
Malaysian exporters in the promotion of their products and services in
Bangladesh.

The sectors that participated at the exhibition included Malaysian food
and beverages, electrical and electronic products, plastic products, medical and
healthcare services, professional services and education, it said in a statement
Friday.

Concurrently in Dhaka, Matrade also led a delegation of eight Malaysian
companies on a Specialised Marketing Mission to promote automotive products and
services to Bangladesh from Aug 6 to 9.

Members of the mission had the opportunity to directly discuss business with
pre-screened quality buyers during the Individual Business Meeting sessions,
officiated by Malaysian High Commissioner to Bangladesh Jamaluddin Sabeh.

The two day business meetings, held from Aug 7 to 8, resulted in immediate
sales worth RM107,547 and potential sales of RM1.6 million from the 45 business
meetings arranged, Matrade said.

Malaysian products on demand during the programme included automotive
lighting, windscreen glasses, motorcycle rims and spoke, gasket and spare parts
as well as engine lubricants.

"Despite the economic slowdown facing the world today, we can see from the
outcome of Matrade trade promotion programmes that there are still pockets of
opportunities for Malaysian exporters to exploit," Matrade chief executive
officer Noharuddin Nordin said in the statement.

To succeed, Malaysian companies must be committed to maintain their
visibility in the marketplace while actively searching for untapped
opportunities overseas, he added.

He also urged Malaysian companies to take advantage of the export assistance
provided by Matrade which could help cushion the impact from softened demand
during these difficult times.

-- BERNAMA