1.Bank Pembangunan Malaysia Berhad (Bank Pembangunan)

Establishment

 was incorporated under the Companies Act 1965 on 28 November 1973 under the name of Bank Pembangunan Malaysia Berhad and begun its operation on 8 June 1974. Bank Pembangunan's mandated role then was to assist entrepreneurs involved in small and medium industries through the provision of various financing facilities; training and advisory services particularly to Bumiputera entrepreneurs. The objective then was to increase the participation and involvement of the Bumiputera community.In December 1998, Bank Pembangunan was entrusted with another important role of providing financing for infrastructure projects, particularly Government backed projects. In conjunction with this, Bank Pembangunan's name was changed to Bank Pembangunan Dan Infrastruktur Malaysia Berhad. In early 2002, Bank Pembangunan was also authorized to offer corporate advisory and underwriting services to companies, which engaged in development of infrastructure projects.

objective

To provide financing to existing and new enterprises in support of the development of high technology industry.

To support the Government's efforts to develop and promote tourism industry

Activity

working capital guarantee scheme

objective ;

To assist viable companies with shareholders’ fund of not more than RM10.0 million to gain access  to Working Capital financing.

Implementation Agency :

Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP) : to provide guarantee

2.Malaysian Industrial Development Finance Berhad 

Establishment

Spanning over five decades of contributing to the country’s economic growth, Malaysian Industrial Development Finance Berhad (MIDF) today has strengthened its foothold in many segments of the financial services industry.

MIDF, incorporated on 30 March 1960 mainly for the purpose of ensuring access to financing for manufacturing-based small-and-medium enterprises (SMEs) as part of Malaysia’s strategy to accelerate the industrial sector development, celebrated its 50th anniversary in March 2010. From boasting the status as Malaysia’s maiden development finance institution, MIDF has over the years transformed into a diversified group.

Following its merger with Amanah Capital Partners Berhad in 2003, the acquisition of Utama Merchant Bank Berhad (UMBB) in 2004, and the establishment of MIDF Amanah Investment Bank Berhad (MIDF Investment) in 2006, the MIDF Group accentuated its ambition to become a leading financial services provider in three core business areas, namely investment banking, development finance and asset management.

Objective;

MIDF, incorporated on 30 March 1960 mainly for the purpose of ensuring access to financing for manufacturing-based small-and-medium enterprises (SMEs) as part of Malaysia’s strategy to accelerate the industrial sector development,

3.Bank Pertanian Malaysia

Establishment

Agrobank was established in 1969 under the Act of the Parliament of Malaysia No. 9/69 on 1 September 1969 as "A development finance institution directly involved in financing the agriculture sector." It commenced operations on 1 January 1970.

On 12 December 2007, Dewan Rakyat (the Lower House of the Parliament) has approved the proposed Bank Pertanian Malaysia 2007 Bill to incorporate Bank Pertanian with a paid-up capital of RM1 billion to enable it to be competitive with other financial institutions and empower it to help develop agriculture as the third engine of growth under the Ninth Malaysia

The corporatization will enable the bank to offer competitive and comprehensive financial products and venture into new business activities which the bank is currently unable to undertake due to the limitations of the current BPM act. Among the new products and activities will be agriculture, life and general insurance, credit card service, credit guarantee, investment, capital market, internet banking and current account

The bank will provide financial services holistically according to market demands and customer needs through prudent financial management to:1. Agro-entrepreneur2. Micro, small and medium-scale entrepreneurs3. Individuals

Objective

1. Provides financial and banking services with a focus on the agriculture sector2. Upgrades and encourages agricultural financing by the commercial banking sector3. One of the agents for the Government’s development programme4. The centre of agricultural expertise5. Provides credit ratings for agriculture

4.Malaysian Entrepreneur Development Centre (MEDEC)

Establishment

Malaysian Entrepreneur Development Centre (MEDEC) was first established in 1975 under the arrangement of University Technology MARA (UiTM). Its establishment is meant to plan and conduct programs on education, training, researches, consultations and entrepreneurship advice services  

Objective;

To develop the knowledge of entrepreneurship and to produce quality entrepreneurs.

To develop the knowledge of entrepreneurship through studies and education on entrepreneurship.

To produce and develop entrepreneurs with knowledge, have entrepreneurship characteristics and perform effectively.

To establish enterprise in order to be progressive and competitive in trading and industrial wo

5.National Productivity Corporation

Background      

The Malaysia Productivity Corporation (MPC) which was formerly known as the National Productivity Corporation was established in 1962 as a joint project between the United Nations Special Fund and the Federal Government, with the International Labour Organisation acting as its executing agency.In 1966, the National Productivity Council (Incorporation) Act No. 19 was passed making the Centre an autonomous body. It was later amended as the National Productivity Council (Incorporation) (Amendment) Act A305 1975, to cater for expansion of the Centre`s role. This act was subsequently amended as the National Productivity Centre (Incorporation) (Amendment) Act A801 1991. With the Act coming into effect on 1 December 1991, the National Productivity Council became the National Productivity Corporation.Until recently, with effect from 21st February 2008 National Productivity Corporation (NPC) is now officially known as Malaysia Productivity Corporation (MPC). YB Minister of International Trade and Industry (MITI) had signed the document enforcing National Productivity Corporation Act (Incorporated) (Amended) 2008 and set February 21, 2008 as the effective date of the said act. In keeping with the expanded role of the corporation, the act is now known as Malaysia Productivity Corporation Act (Incorporated) 1966.

Objective

To lead in the promotion and dissemination of productivity related information and issues;

To establish an information and reference centre for productivity indices for the country and for management systems and case studies;

To generate local expertise in the field of productivity, quality, management and entrepreneurship;

To enhance the development of human resource both at the supervisory and management levels in the country;

To advise on and coordinate the implementation of programmes and activities related to productivity and quality;

To assess and certify supervisory and management training programmes, entrepreneurship programmes and productivity and quality management programmes conducted by the private sector for the public;

To conduct training or other programmes relating to productivity, quality, management and entrepreneurship;

To provide consultancy services relating to productivity, quality, management and entrepreneurship;

To collect, produce and publish information on productivity, quality, management and entrepreneurship and other related matters;

6.Malaysian institute of microelectronic system (MIMOS)

Establishment

In the early 1980s a group of academicians, led by Dr Tengku Mohd Azzman Shariffadeen, the Dean of School of Engineering University of Malaya, discussed and realized that Malaysia was a leading country in exporting electrical and electronics products but none of the product’s design, brand and marketing belong to Malaysian companies.

The informal discussions involving Dr Mohd Azzman (University of Malaya), Dr Mohamed Awang Lah (University of Malaya), Dr Muhammad Ghazie Ismail (University of Science Malaysia), Dr Mohd Arif Nun (University of Technology Malaysia) and Dr Mohd Zawawi Ismail (University of Technology Malaysia) led to the realisation of Malaysia’s need for an institute to conduct microelectronics research to support the industry and to develop indigenous products.

Activity Uncompromising Integrity

Acting in accordance with standard moral judgement which are consistent with MIMOS code of ethics

Envisioning Technology LeadershipDemonstrating eagerness to acquire necessary technical knowledge, skills and competencies to accomplish result or to serve customer needs effectively.

Shared Vision among Team MembersDemonstrating an understanding of the link between one’s own job responsibilities and overall organizational goals and needs, and performing one’s job with the broader goals in mind.

Flawless Execution of CommitmentsDemonstrates concern and executes tasks in a manner that provides satisfaction to internal & external stakeholders.

ObjectiveMIMOS is filled with dynamic network of highly motivated and skilled people from various countries. Our core values, internal and external training programs, pre-service and in-service scholarships and cultural diversity are designed to assist you in creating clearer career objectives and development plans.

Combined with a flat and team-oriented organization structure, we provide a stimulating and co-operative working environment for you to excel.

With “Innovation for life” as our tagline, we also reward our employees for submitting inventions, through various schemes, including cash rewards

7.Forest research institute of Malaysia

Establishment

The Forest Research Institute Malaysia (FRIM), one of the leading institutions in tropical forestry research, both within the country and abroad. Founded by British colonial forest scientist in 1929, the former Forest Research Institute with Dr F.W. Foxworthy as its first chief research officer, became a statutory body governed by the Malaysia Forestry Research and Development Board under the Ministry of Primary Industries in 1985 and then in 2004, FRIM became a statutory body governed under Ministry of Natural Resources and Environment.

The 515-ha site in Kepong located 16 km northwest of Kuala Lumpur, is surrounded by the Bukit Lagong Forest Reserve. The Institute, which has been awarded the MS ISO 9001: 2008 accreditation, is headed by Director-General Dato’ Dr. Abdul Latif Mohmod.

Objectives

1. Generating scientific knowledge for the understanding, management, conservation and use of forest resources;2. Achieving excellence in research and development through the use of the latest scientific equipment;3. Studying biodiversity to produce useful products through intensive research and development;4. Developing related technology to fulfil the needs of the forestry industry;5. Packaging research and development findings for dissemination to clients;7. Providing excellent service to fulfil client needs;8. Creating strategic cooperation with local and international agencies;ActivityFRIM consists of five research divisions. The Forestry Division provides data, standards and guidelines for managing our natural forests on a sustainable basis. The Product Development Division focuses on the development of forest-based industries. The Biotechnology Division

involves in creating new planting material through genetic engineering.

Among the services provided by the institute are the arboreta which serves as reference for forestry education, a herbarium established in 1908 with over 200,000 specimens, training courses from landscaping to wood identification, rattan and bamboo product development, a nursery, library and venues for local and international conferences.

8.Malaysia external trade development corporation

EstablishmentMATRADE, as the national trade promotion agency under MITI, undertakes various export promotion activities including the promotion of the Halal sector. These activities include participation in international trade fairs overseas, organising specialised Halal marketing missions to selected markets, undertaking advertising and promotion of the Halal sector and disseminating information on market opportunities in the Halal industry to Malaysian companies.

Malaysia External Trade Development Corporation (MATRADE), was established in March 1993 as a statutory agency under the Ministry of International Trade Industry (MITI).

Objective To raise the profile of Malaysian exporters in foreign markets; To disseminate timely and relevant information and market intelligence to help

Malaysian companies gain a competitive edge in foreign markets;

To introduce Malaysian companies to foreign importers seeking Malaysian suppliers; and

To undertake activities to promote the export of Malaysian goods and services in overseas markets.\

Activity

MATRADE serves to promote Malaysia’s external trade with particular emphasis on the export of manufactured and semi-manufactured products and services. In addition, MATRADE formulates and implements export marketing strategies and trade promotion activities to increase Malaysia’s exports, undertake market research, and create a comprehensive database of information for the development and improvement of Malaysia’s trade. MATRADE also organizes training programs to enhance the international marketing skills of Malaysian exporters, promote and assist in services related to trade, and protect Malaysia’s international trade interest abroad.

9.Rubber research institute of Malaysia

The Malaysian Rubber Board (MRB) is the custodian of the rubber industry in Malaysia. Established on 1 January 1998, it has under its fold three well established agencies (RRIM, MRRDB and MRELB), which are now merged into one, which have contributed significantly to the development of the rubber industry for the last 78 years. The R&D excellence in NR, accomplished by the Rubber   Research   Institute   of   Malaysia   (RRIM) , has had an impact on the Malaysian NR industry and other NR producing countries.

The primary objective of MRB is to assist in the development and modernisation of the Malaysian rubber industry in all aspects from cultivation of the rubber tree, the extraction and processing of its raw rubber, the manufacture of rubber products and the marketing of rubber and rubber products.

Objective

To promote and develop the Malaysian rubber industry, and to develop national objectives, polices and priorities for the orderly development and administration of the Malaysian rubber industry.

Other Research ActivitiesThe other major areas of expertise at the Crop Management Unit are:

Fertiliser use and rubber planting Mixed cropping of rubber and cash crops

Development of rubber forest plantation

Reduction of immaturity period of rubber

Soil survey, soil and water conservation

10.Majlis Amanah Rakyat (MARA)

Establishment

Majlis Amanah Rakyat (MARA) an agency of the Ministry of Rural and Regional Development, was established in March 1, 1966 under an Act of Parliament as a statutory body as a result of the first Bumiputera Economic Congress resolution in the previous year.It is the duty of the Council to promote, encourage, facilitate and undertake economic and social development within the federation and especially in rural areas.

MARA, an autonomous body responsible to the Minister of Rural and Regional Development. MARA Council members are the Chairman, Deputy Chairman and nine other members, three of whom are civil servants. All Members of the Council appointed by the Minister of Rural and Regional Development.

The Chief Executive is the Director General and he is assisted by three Deputy Director Generals. Divisions headed by the Director and units under the control of Head of MARA functions at its headquarters and supported by the Office of the MARA 14 States, including the Federal Territory of Kuala Lumpur and Labuan, and district offices of MARA. MARA also operates in London, Washington DC, Jakarta, Dublin, Frankfurt and New South Wales.

Objective

• Participation in high impact areas of business.• Development of MARA, MARA commercialization programs to generate income.• Increased performance of companies MARA to maximize profits.

Activity

Monitor, and report the performance of the MARA has an interest and improve the implementation of 'corporate governance' in all of MARA, as well as monitor the implementation of and compliance with the act, circulars and directives of the Government and MARA.

Ensure that the Financial Statements (Audited) for the purpose of Subsidiaries Consolidated Account MARA MARA submitted in accordance with the specified date.

Preparation of Year-End table for purposes of consolidation with the Financial Statements MARA.

Manage the appointment of the Board and Chief Executive Officer and update the Board to Company Profile book

11.Malaysian palm oil boardEstablishment

The Malaysian Palm Oil Board (MPOB), was established in May 2000 as a government agency under the purview of the Ministry of Plantation Industries and Commodities, entrusted with the functions of promoting and developing the nation's palm oil industry.

Malaysian oil palm industry, developed over four decades, has significantly contributed to the nation's economy. The dynamic progress of the industry is largely attributed by the strategic government approach in developing agriculture land and concerted initiatives in focusing on research and development by both the government institutions and private sectors. In line with the national agenda of empowering the agricultural-based sector, the palm oil industry will continue to play a vital role as a prime mover of the plantation commodity.

Objective

As a country's premier oil palm R&D institution, MPOB is committed in ensuring the development of the Malaysian palm oil industry through research and development, and the provision of excellent services. Towards achieving this aim, MPOB's objective is to position the palm oil industry as the most dynamic, productive, competitive and sustainable.

Through intensive R&D programmes, MPOB emphasis is on producing market driven technology in line with industry needs. MPOB has thus far launched more than 350 technological breakthroughs including high quality planting materials, efficient agronomic practices, modern milling and processing techniques, foods, nutrition, biomass, oleochemical products and biodiesel technology for adoption by the industry and commercialisation.

MPOB is pursuing a dynamic role in research and development to be recognised as the premier Nobel Laureate producing R&D institution.

Activity

The Growth Of The Oil Palm Industry In Colombia Novel Catalytic Solutions for Oleochemical Processes Production of Distilled Biodiesel Fuels Through Direct Alkaline Transesterification of Used

Frying Oil Improved Sustainable Fractionation of Palm Oil Using Polyglycerol Fatty Acid Esters Effect Of Diols As Co-Surfactants In Partial Ternary Phase Behaviour Of Palm Oil-Based

Microemulsions Formulation Of Trans-Free Margarines Using Hydrogenated And Interesterified Palm Olein

Plywood From Oil Palm Trunks 12. Federal Agriculture Marketing Authority (FAMA)

Establishment

The Federal Agriculture Marketing Authority (FAMA) is a marketing agency established by the Government under the Ministry of Agriculture and Agro-based Industry.  As the Government’s marketing arm for agricultural products, FAMA is responsible for various marketing activities.  Amongst its responsibilities are to set targets and product standards, monitor performance, as well as develop marketing strategies for Malaysian agricultural products.

Activity

KUALA LUMPUR: The Federal Agricultural Marketing Authority (Fama) has been given a permit to distribute price-controlled items during festive seasons through farmer markets, said its chairman, Datuk Badruddin Amiruldin

The Federal Agricultural Marketing Authority (Fama) needs 4,000 more entrepreneurs in various fields to achieve its target of having 20,000 by next year.

SEREMBAN, May 5 (Bernama) -- The Federal Agricultural Marketing Authority (FAMA) is to establish at least one permanent farmers' market (pasar tani) in each state under the 10th Malaysia Plan.

Objective

 National Vision and the National Agricultural Policy to make Malaysia a major food producer of the world through the efficiency and effectiveness of agricultural and food products.Development of marketing infrastructure and supply chain systems efficiently and effectively. Marketing development and the increasing demand of agricultural products and food in the country and abroad. Accelerated human resource capacity in the knowledge-based agricultural marketing and technology.

13.Department of Agriculture (DOA)

Establishment

The Department of Agriculture was established in 1905. The main function of the Department of Agriculture at that particular time was to implement the agricultural policies outlined by the Government. Under the guidance of the Department of Agriculture, several Enactments have been approved to induce the development and conservation of land rights. This includes matters related to (1) (1) Abolishment of contract labor, (2) Specific allocation of land to bumiputra, (3) Curbing the entrance of deadly pathogens, and (4) Conferment of at least 10 acres of land to core farmers for agricultural purposes.  

In the Malaysia Federal Agreement (1974), in accordance with the establishment of the states government, allocation was given for the establishment of State Department of Agriculture for each individual state. The Department of Agriculture for each state will be responsible to implement development programmes that will further boost the small farmers sector.

Activity

Presentation Seminar Overseas Training Report Year 2011 Department of AgricultureAgriculture Career Carnival 2011

The Convocation of the Institute of Agriculture, Peninsular Malaysia Year 2011

Agricultural Scientist Workshop: Enabling Information Resourcing to Maximise Benefits

Farmers, Breeders and Fishermen's National 7th International Symposium Postilarvest # 2012

Objective

Provision of consultation services, technical support and professional advice in various agricultural field especially in the field of food crop and downstream industry in order to ensure sufficient food production for the country's needs.

Provide guidance and nurturing of progressive agriculture entrepreneurs in order to increase farming productivity and eventually increase the country's agriculture produce.  

Development of trained and skilled workforce to cater to the needs of the agriculture industry.

Protect crops (industrial and food crops) from threat such as pests and diseases through the crop protection programme and quarantine services.  

Determine the production of crops that are safe for consumption and control environmental pollution.

Regulate the agriculture resources and the country's plasma-generated materials from being transferred out of the country and from threat of extinction.

14.Urban development authority (UDA)

UDA is committed to enhance its competitiveness and to partake a bigger role in urban development thereby contributing to entrepreneurial growth in line with the national aspiration. The drive to firmly establish the company was achieved when it changed its status to a public limited company with effect from July 14, 1999, to UDA Holdings Berhad. The company was listed on the Main Board of Kuala Lumpur Stock Exchange (KLSE) on November 18, 1999. Established by the government on November 12, 1971, the Urban Development Authority (UDA) was given the responsibility to promote planned urban development. After 29 years of successfully fulfilling its responsibilities, UDA was incorporated on September 1, 1996 and became UDA Holdings Sdn Bhd. The principal activities of the Company are in investment holding and property development while the principal activities of the Group are in land and property development, property management and leisure industry.

Objective

MATRADE’s objectives are:

To raise the profile of Malaysian exporters in foreign markets;

To disseminate timely and relevant information and market intelligence to help Malaysian companies gain a competitive edge in foreign markets;

To introduce Malaysian companies to foreign importers seeking Malaysian suppliers; and

To undertake activities to promote the export of Malaysian goods and services in overseas markets.

Client's Charter Achievements for 2011

15.Ministry of international trade and industry (MITI)

Establishment

The Ministry of Commerce and Industry was established in April 1956 and situated in Government Office, Jalan Raja. The Ministry was then renamed the Ministry of Trade and Industry in February 1972. On 27 October 1990, the Ministry was separated into two Ministries which are:

i) Ministry of International Trade and Industry (MITI); and

ii) Ministry of Domestic Trade and Consumer Affairs (KPDN).

Objective

To plan, legislate and implement international trade and industrial policies that will ensure Malaysia’s rapid development towards achieving National Economic Policy and Vision 2020.

Activity

Motivational talks and Women Entrepreneurship with MITI Agencies

Hi Tea YABhg Joint Council Datin Paduka Seri Rosmah Mansor

Strategy and Business Negotiation Skills

HIP03 - Halal Internal Auditing Workshop

Quality Environment Management System - 5S

16.Malaysian agricultural research and development institute

Establishment (MARDI)

MARDI was established with the primary objective of generating and promoting new technology, appropriate and efficient for the development of food industry, agriculture and agro-based industries.

MARDI Act 1969 has led to the establishment of MARDI on October 28, 1969. MARDI was fully operational in 1971.

MARDI managed and driven in accordance with policies and regulations of the Board of Governors decided with the concurrence of Mardi Agriculture and Agro-based Industry. For financial matters, the Minister of Finance is also required.

MARDI Scientific Council will ensure that the technical program MARDI level of quality and maximum effectiveness.

Objective

1.Conduct research to generate innovative technologies for the development of food industry and agriculture.       2.Offering consultancy and technical services to support agricultural development and food industry.      3.To offer services to the joint venture and licensing in commercializing research results.4.Developing technologies to increase competition in the food processing industry.     5.Development of technology in the production of fruits, vegetables, flowers, grains and other crops industry related. 6.The development of technology related to the livestock industry.   7.Technology development in biotechnology, mechanization as well as resource and environmental management.      8.Study the socio-economic and technology management for food and agriculture.       

17.Malaysian Investment Development Authority

The Malaysian Investment Development Authority (MIDA) is the government's principal agency for the promotion of the manufacturing and services sectors in Malaysia. MIDA assists companies which intend to invest in the manufacturing and services sectors, as well as facilitates the implementation of their projects. The wide range of services provided by MIDA include providing information on the opportunities for investments, as well as facilitating companies which are looking for joint venture partners. MIDA also assists companies interested in venturing abroad for business opportunities.

Event.

Relocation of MIDA Headquarters

Schedule of Trade & Investment Missions 2012

Schedule of Domestic Investment Promotion Activities 2012

Objective

Exercising respect and care for the environment in accordance with the highest moral and ethical standardsConserving the natural ecosystem to ensure the integrity of biodiversity and life support systemsEnsuring continuous improvement in the productivity and quality of the environment while pursuing economic growth and human development objectivesManaging natural resource utilisation to sustain the resource base and prevent degradation of the environmentIntegrating environmental dimensions in the planning and implementation of the policies, objectives and mandates of all sectors to protect the environmentStrengthening the role of the private sector in environmental protection and managementEnsuring the highest commitment to environmental protection and accountability by all decision-makers in the public and private sectors, resource users, non-governmental organisations and the general public in formulating, planning and implementing their activitiesParticipating actively and effectively in regional and global efforts towards environmental conservation and enhancement

18.Standards and Industrial Research Institute of Malaysia (SIRIM)

Establishment

In 1964, the Government of Malaysia directed the Minister of Commerce and Industry to make a study of the establishment of a national standards organisation. This is in response to the urgent necessity of adopting the principles of standardisation in light of Malaysia's accelerating industrial development.

As a result, the Standards Institution of Malaysia (SIM) was initially established as a Government department under the Ministry of Commerce and Industry in early 1966. In October 1966, the Standards Act No: 76, 1966 was passed in Parliament making SIM the national standards body. SIM was governed by the Standards Council. The Standards Act provides the Standards Council with independent authority for the declaration of standards and the issuance of certification mark licences.

In 1974, the National Action Council decided that SIM be merged with the National Institute for Scientific and Industrial Research (NISIR) to form the Standards and Industrial Research Institute of Malaysia (SIRIM). As a result of this decision, SIRIM was established as a statutory body under the Ministry of Science, Technology and the Environment by the SIRIM (Incorporation) Act, 1975 which came into effect on 15 September 1975. With this merger, SIRIM is better equipped to expand its scope of operations in line with the rapid advancement of industrialisation in Malaysia.In view of rapidly changing market needs as a result of the accelerating national industrialisation and globalisation of markets, there was a need to amend the SIRIM (Incorporation) Act 1975. This will provide necessary flexibility for SIRIM to respond to these changes. The Amendments to the SIRIM (Incorporation) Act, approved by Parliament, came into effect on 24 July 1993.The Amendments allow SIRIM to undertake commercial operations through the formation of joint-venture or wholly-owned subsidiaries. Under this Amendment, the 24-member SIRIM Council was replaced by a 13-member SIRIM of which six were from the public sector and seven from the private sector. The new SIRIM Board structure enables greater accountability and efficiency, and further strengthen the linkages between SIRIM and the industry.

On 1 September 1996, SIRIM was corporatised to be known as SIRIM Berhad. SIRIM Berhad incorporated under the Companies Act was vested with all the rights, privileges and obligations of SIRIM; and 1 September 2006, marked the 10th anniversary of

corporatisation of SIRIM Berhad.

Objective

SIRIM Berhad as the national organization of standardization and quality, and as the prime mover in industrial research and development acts as a catalyst in bringing about national economic dynamism through excellence in technology and international acceptance of Malaysian products and services. Their mission is to enhance their customers’ competitiveness through technology and quality, and fulfill the needs of the shareholders.

Activity

To promote and undertake scientific industrial research To boost industrial efficiency and development

To provide technology transfer and consultancy services

To develop Malaysian standards and to promote standardization and quality assurance for greater competitiveness

To enhance public and industrial welfare, health and safety

 

19.Commercial banks

EstablishmentEstablished on 26 January 1959 under the Central Bank of Malaysia Act 1958 (CBA 1958). The CBA 1958 has been repealed by the Central Bank of Malaysia Act 2009 which became effective on 25 November 2009. It is a statutory body wholly owned by the Government of Malaysia with the paid-up capital progressively increased, currently at RM100 million. The Bank reports to the Minister of Finance, Malaysia and keeps the Minister informed of matters pertaining to monetary and financial sector policies.ObjectivesBank are being a banker and adviser to the Government, playing an active role in advising on macroeconomic policies and managing the public debt. It is also the sole authority in issuing currency as well as managing the country's international reserves.Activities • The Bank has also established the Agensi Kaunseling Dan Pengurusan Kredit (AKPK),• the Bank improves their understanding of financial matters as well as gain valuable insights on real issues facing the consumers in the financial sector which serve as inputs for policy decisions. In creating a one-stop centre for public interface, the Integrated Contact Centre (ICC) was formed, where customer management and case management is put under one roof. The ICC comprises the following:i. BNMLINK, a face-to-face customer service, to facilitate rapid and effective responses on financial matters for the public. To expand the outreach to cater for outstation customers, BNM MINILINK was established at BNM branches in Johor Bahru, Pulau Pinang, Kuala Terengganu, Kota Kinabalu and Kuching.ii. BNM TELELINK which complements the services of BNMLINK by attending to enquiries made via SMS, telephone calls, facsimiles, letters and electronic mails; andiii. Complaint Management and Advisory, which among others, facilitates resolution of the public, including SMEs, complaints against institutions under the purview of the Bank.