INTERNATIONAL TRADE


OPPORTUNITIES AVAILABLE FOR PRODUCERS OF HALAL PRODUCTS


The Malaysian External Trade Development Corporation (MATRADE) is organising pre-arranged one-to-one meetings with Malaysian companies at the Malaysia International Halal Showcase (www.mihas.com.my) on 2 April 2019 in Kuala Lumpur. East Midlands companies involved in halal products and services


are invited to attend, with complimentary accommodation available to eligible businesses.


For more information and an application form, please contact Enterprise Europe Network on 0333 320 0333 or email eeninfo@emc-dnl.co.uk


Access ‘borderless banking’ with new moneycorp platform


moneycorp, the global experts in currency exchange and international payments and a key Chamber partner, has launched a new online seller platform. The service brings the benefits of


borderless banking to traders selling online across major market places such as Amazon, Etsy, Rakuten, eBay, and Cdiscount. Traders selling online can now


enjoy market-leading exchange rates via a Euro-denominated borderless bank account, previously only open to larger corporate customers. Fee-free payments online,


whether sending, holding or receiving funds, mean that traders can save around four per cent on each overseas sale by avoiding the default rate offered by online marketplace providers. Keeping customers one step


‘The government in Malaysia is investing heavily in transport and infrastructure’


campuses in Malaysia. This presents opportunities for UK companies in areas such as coaching and mentoring, educational partnerships, e-learning solutions and English language training. Malaysia will also be looking for


overseas companies with expertise in the energy sector as it strives to grow its alternative energy sources in areas such as nuclear, solar and hydro, to cater to growing demands from an increased population. Therefore companies which offer technology in areas such as deep water drilling, Enhanced Oil Recovery (EOR), energy efficiency and oil and gas are well placed to look to Malaysia as a growth market. The government in Malaysia is


investing heavily in transport and infrastructure. Construction of a mass rapid transit system within the Greater Klang Valley is already underway and the Land Public Transport Commission also aims to build a high-speed rail system connecting Kuala Lumpur to Singapore which will open doors to companies involved in rail construction and infrastructure as these projects take shape. Overseas companies looking to enter the Malaysian market can do


so using local agents or distributors, franchising or setting up a company of their own. All foreign companies must register in Malaysia or incorporate a local company to trade. This process must be done through the Companies Commission of Malaysia (SSM). There is lots of support available


to businesses that want to access the Malaysian market. The UK- ASEAN Business Council (UKABC) is a UK-based organisation promoting trade and investment between the UK and ASEAN. It also leads trade missions and holds many events which focus on Malaysia and the rest of the ASEAN region. You can find out more by visiting www.ukabc.org.uk Enterprise Europe Network is the


world’s largest business support network, helping local SMEs grow internationally by accessing new markets and commercialising innovative ideas. The network spans more than 60 countries and offers free-to-access advice, support and events.


Visit www.enterprise-europe.co.uk for more information, or to chat with your local business adviser, call 0333 320 0333 or email eeninfo@emc-dnl.co.uk


ahead, moneycorp provides text and email rate alerts from moneycorp’s dedicated currency experts, this service can help those unfamiliar with the FX markets to manage fluctuations in exchange rates to maximise profits. Online marketplaces have grown


exponentially in recent years. In 2017, there were an estimated 25 million sellers on eBay and five million on Amazon. Many of these individuals and businesses, large and small, have been affected by fluctuating currency markets and the opaque exchange rates provided by banks. moneycorp’s new service gives online sellers full control over their


Mark Hogan, moneycorp CEO


international transactions. It is initially available in GBP and EUR. Mark Horgan, moneycorp CEO,


said: “Online marketplaces are today’s department stores, but with millions of sellers and billions of transactions. Many of these online sellers will be losing money on every international transaction – taking a hit on commission or poor exchange rates. Small businesses need a straightforward way to manage the business they are doing internationally through online marketplaces and that’s what our new platform provides. Managing transactions through a moneycorp online sellers account allows people to take control of their foreign exchange rates, manage their transactions and ultimately save money.”


CHAMBER FOREIGN EXCHANGE


WITH MONEYCORP Provided by moneycorp, an award-winning foreign exchange specialist with over 35 years’ experience in currency exchange, the Chamber’s Foreign Exchange is a package of products helping companies save money and reduce the risks surrounding foreign exchange transactions.


This service means that businesses can: • Make and receive overseas payments • Hedge currency risk - for example by fixing rates in advance to help deal with currency fluctuations


• Receive competitive exchange rates • Access free online currency accounts • Benefit from reduced transfer fees • Obtain practical guidance and a foreign exchange health check


For more information on the Chamber's Foreign Exchange Advice service and to access this service, please email chamberfx@moneycorp.com or call 0808 1635 138.


business network February 2019 35


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72