1 2012 Global Summit of Women Athens, Greece, June 2, 2012 Dr. Wong Lai Sum, CEO Malaysia External...
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Transcript of 1 2012 Global Summit of Women Athens, Greece, June 2, 2012 Dr. Wong Lai Sum, CEO Malaysia External...
![Page 1: 1 2012 Global Summit of Women Athens, Greece, June 2, 2012 Dr. Wong Lai Sum, CEO Malaysia External Trade Development Corporation.](https://reader036.fdocuments.us/reader036/viewer/2022062516/56649d9d5503460f94a86fe7/html5/thumbnails/1.jpg)
1
Assessing Risks andOpportunities of Cross-
Border Business
2012 Global Summit of Women Athens, Greece, June 2, 2012
Dr. Wong Lai Sum, CEOMalaysia External Trade Development
Corporation
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CROSS BORDER – RISK VS OPPORTUNITIES
RI
SK Opportunities
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ASSESSING RISK - COUNTRY
Economi
c
Political
Financial
Socio-cultural
Natural
Disasters
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Delays in Shipment
Non-payment
ASSESSING RISK - FIRM
Non-compliance
with Standards
Rejected products
Lack of Documentation
Exchange Rate
Industrial Strikes IP
New Requirements,
Restrictions and Procedures
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CROSS BORDER BUSINESS
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OPPORTUNITIES IN CROSS BORDER BUSINESS
• New Markets
• Cost Reduction
• Outsourcing
• Stimulate Innovation and Creativity
• Expand Your Brand
• Less Competition
• Excess Capacity
• Better Margins
• Economies of Scale
• Increase Competitiveness
• Access to Production Materials
• Strategic Partnership
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CROSS BORDER BUSINESS - MODES OF ENTRY
Direct
Export
Investmen
t
Joint Ventures
Franchise M&A
Outsourcing
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8
BUSINESS SUPPORT FOR WOMEN EXPORTERS
MALAYSIA
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MALAYSIA - SPECIAL PROGRAMMES FOR WOMEN EXPORTERS
Customised Business Coaching
Skill Enhancement Networking and Mentoring
Leadership and Entrepreneurial
Development
International Business Exposure
Seminars and Workshops
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MALAYSIA - SUCCESS STORIESClientele includes Panasonic, Sony, Toyota, Mitsubishi, Daihatsu, Perodua, Proton and Modenas
Supplying to civil aviation authorities in South Asia, ASEAN, West Asia and West Africa
Markets in Oceania, South Asia, East Asia, West Asia, ASEAN and Africa
Clients from aerospace, defense, oil and gas, electrical and electronics and automotive industries
Manufacturer and assembler of plastic parts and components
Industrial and automotive oils, lubricants and fluids
LED aviation warning lights
Design and manufacturing of high quality precision tooling, jigs and fixtures – One Stop Engineering Solutions Centre
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MALAYSIA - SUCCESS STORIES
Clients in China, Germany, Hong Kong, Indonesia, Philippines, Singapore, South Korea, Thailand, Turkey, UK, USA and Vietnam
Clients in Malaysia, Singapore, Brazil, China, Indonesia, Australia and the Middle East
Export to Brunei, Indonesia, Singapore, Sudan and Timor Leste
Markets in Brazil, China, India, UAE and USA
Comprehensive security services
Business software solutions
Fire Fighter Industry
Portable fire extinguishers
Printis Transport Technologies
Automated fare collection system
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MALAYSIA - SUCCESS STORIES
Exports to Oman, Kuwait, Brunei, Maldives and Singapore
Clients in South Asia, Europe and Japan
Supplies to niche and medium up-market consumers in Mexico, Spain and Australia
Established brand presence in Japan, Vietnam, Kazakhstan and Singapore
Bodycare products and cosmetics
Artistic, hand-painted batik
Elit Purnama
Women and Children’s Apparel
Exclusive showpieces, handicraft and silverware
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MALAYSIA - SUCCESS STORIES
Biscuits and food products
Fast food franchise
Seafood products
Ventured into various markets such as the United Kingdom, Kazakhstan, Vietnam, Singapore and Brunei
Largest home-grown quick service restaurant (QSR) chain with over 300 restaurants in Malaysia, Azerbaijan, China, Bahrain, India, Indonesia, Iran, Kuwait, Maldives, Qatar, Saudi Arabia, Sri Lanka, Syria, Tanzania and the UAE
Ambang Wibawa
Currently exporting to South Africa, UAE, Bahrain, Iraq, Saudi Arabia. Future plans to market to the USA, Russia and Europe
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CROSS-BORDER BUSINESS
“If you are not willing to risk the unusual, you will have to settle
for the ordinary”- Jim Rohn
THANK YOU
- RISKS AND OPPORTUNITIES