EPF Warns Massive Withdrawal Will Affect Country’s Markets
28 December 2021
The Employees Provident Fund has warned that any erosion of trust towards the agency might cause a massive withdrawal that will negatively impact capital markets in the country, after noting that more than RM270 billion in savings can be withdrawn at any time by its members who have reached above age 55 or 60, or those who have more than RM1 million in their account.
The Malaysian Rubber Council (MRC), formerly known as Malaysian Rubber Export Promotion Council, was incorporated on 14 April 2000 under the Companies Act 1965 as a company limited by guarantee under the Ministry of Plantation Industries and Commodities (MPIC).
MRC is governed by a Board of Trustees appointed by the Minister of Plantation Industries and Commodities.
MRC is tasked with undertaking market promotion of quality Malaysian rubber and rubber products in world markets. MRC has overseas offices in the US, China, India, Europe and the Middle East.
MRC Organizes Online Business Matching for Malaysian Manufacturers
MRC has successfully organized online business matching, aptly named the e-Global Sourcing Mission (e-GSM) for the fifth time from 7 – 10 June 2022. MRC through its regional offices in the United States, Europe, India, Middle East, and China assisted to connect 51 international potential buyers with 24 Malaysian manufacturers by coordinating 88 online business matching sessions. The international buyers were from 19 countries, namely Belize, Bosnia Herzegovina, China, Colombia, Egypt, El Salvador, India, Iraq, Lebanon, Mauritania, Mexico, Morocco, Poland, Qatar, Romania, Saudi Arabia, Somalia, United Arab Emirates and United States. The buyers were interested to source Made in Malaysia quality rubber products such as rubber medical devices, personal protective equipment, as well as latex foam and mattresses.
MRC to Promote Made in Malaysia Precured Treads in South America’s Leading Tyre and Retreading Exhibition
MRC will participate for the first time in Pneushow which will be held at the Expo Center Norte, Sao Paulo, Brazil from 22 - 24 June 2022. Pneushow is the leading tyre and retreading technology exhibition in South America. The show is the meeting point of tyre production and retread technology, showcasing products, machines, solutions, and innovations that contribute to all stages of a tyre’s life. MRC will promote Malaysia as the source for quality precured treads and retreading materials such as cushion gum, orbitread, camelback, and repair rope at the event. Come and visit MRC promotional booth at Booth 89 4/0 for a comprehensive range of precured treads and retreading materials from Malaysia at Pneushow 2022!
MRC to Lead Malaysian Manufacturers Participating in the World’s Largest Safety and Security Exhibition
MRC will be leading Malaysian manufacturers to participate for the first time in Interschutz, the world’s largest trade show for fire and rescue services, civil protection, safety, and security. The show will take place in Hannover, Germany from 20 – 25 June 2022.
As a flagship trade show for personal protective equipment (PPE), Interschutz brings together participants from 50 nations, representing all relevant areas of safety and rescue services. Over 1,200 exhibitors will participate in this showcase, presenting novel products and solutions in the areas of civil protection and rescue services, firefighting, protective equipment and solutions in the area of civil protection. In the previous edition, the show received more than 150,000 visitors from all over the world.
Continuing efforts to introduce and promote the quality and advantages of Made in Malaysia rubber PPE, MRC Malaysia Pavilion will host four Malaysian manufacturers. Come and visit us at Hall 15, Booth A20 to source for high quality rubber products from Malaysia.
Malaysian Rubber Council (MRC), Unit No 36-02, Level 36, Q Sentral, 2A Jalan Stesen Sentral 2, KL Sentral, 50470 Kuala Lumpur, Malaysia
Phone: (603) 2782 2100 | Fax: (603) 2782 2199 | Email: email@example.com