Newsletter: October 2001
Red Alert
The 911 terrorist attack not only resulting in the collapse of the
World Trade Center and the Pentagon but brought red alert to all sectors. It
further collapse the business, faith and confidence of most industries.
Amidst the bankruptcy and retrenchments of many giant industries, textile
and clothing industry proves to be an enduring industry with great
flexibility. The industry strikes hard awaiting the breaking of the next
dawn. MKMA continues to serve the industry faithfully.
Red Carpet welcoming Foreign Guests
For the last 2 months, we have honour to receive the Trade
Commissioner of South Africa Embassy to present a talk on the African Growth
and Opportunity Act (AGOA). Besides, 3 representatives from Jordanian
Investment Board came all the way to reveal the mystery mask of Jordan. They
were arranged to hold talks and meetings from Penang to Johor Bahru. Besides
located in the Middle East, the conditions seems quite abundant supply of
high quality manpower. Next, our Presidents were interviewed by journalist
from Paris. They are from the London based Global Business Report to write a
report on Malaysian Textile and Apparel Industry to be published on the
winter issue of Fashion Business magazine.
Red Traffic Light
Further to the Budget 2002, we were informed by MIDA that they had
consulted Custom not to lower the import duty of knitted products for the
moment. However, related manufacturers needs to seek for new markets and
adopt new measures before the red light turns green in the days ahead facing
the unavoidable implementation of AFTA and WTO.
Red Hot Activities
Otemas, ITMA Asia, Factory Visits, Practical Trainings, Seminars, Meetings. We devote our best to members and we appreciate your full support to all activities.
