MITI renamed investment, trade and industry ministry - paultan.org

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MITI renamed investment, trade and industry ministry

The ministry of international trade and industry has been renamed as the ministry of investment, trade and industry, retaining its acronym. Announcing this via a statement, it said that the decision to rebrand the ministry was made by prime minister Datuk Seri Anwar Ibrahim during a cabinet meeting on April 5.

The ministry said its rebranding coincides with its function of being responsible for foreign investment and developing local investment as well as strengthening international trade and empowering sustainable industrial development in the country. It added that this decision is also in line with the government’s aspirations to further boost investment promotion activities as outlined under the National Investment Aspiration for continued development to rebuild the national economy.

The ministry, which is presently being led by Tengku Datuk Seri Zafrul Abdul Aziz, said that it will continue to expand the country’s international trade network and work towards attracting new investments. Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

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