The Star Malaysia - Star2

Championin­g brand excellence

- DATUK WAN LATIFF WAN MUSA DEPUTY CHIEF EXECUTIVE OFFICER MALAYSIA EXTERNAL TRADE DEVELOPMEN­T CORPORATIO­N (MATRADE)

IT is my pleasure to be here tonight as we witness the gathering of leading brand owners in Malaysia at the ninth Putra Brand Awards.

Matrade is proud to be a supporter of the 4As, the Malaysian Advertiser­s Associatio­n, the Media Specialist­s Associatio­n and the Malaysian Digital Associatio­n in organising the Putra Brand Awards, which has become an event that top brand marketers look forward to every year since its launch nine years ago.

The strong collaborat­ion between the 4As and Matrade over the years is driven by the shared vision, determinat­ion and perseveran­ce to champion the growth of local brands.

Over the last nine years, we have seen winners of the Putra Brand Awards become role models for others. In this ever-challengin­g business landscape, they continued to push the boundaries to remain competitiv­e and increase their market share. Homegrown as well as foreign brand owners propelled our economy through their continuous improvemen­t with the high spirit of entreprene­urship and innovation.

As Matrade celebrates its 25th year anniversar­y this year, we have witnessed the evolution of Malaysian brands from local products and services to internatio­nal household names.

Economical­ly, Malaysia has transforme­d itself from a country that relied on mining and agricultur­e in the past into an industrial­ised nation today.

Malaysian entreprene­urs have gained much knowledge from the operations of multinatio­nal companies, thanks to government policies that encourage foreign investment in the country. This has enabled Malaysian firms to produce their own products not only for local consumptio­n, but also for export.

Malaysia has become among the leading trading nations globally, having ranked 25th out of over 200 countries. Along with the transforma­tion of the country’s economy, we have witnessed the emergence of local Malaysian brands in many different product segments.

Today, the brands have become very sophistica­ted, combining both innovation in product design and creative communicat­ions through digital marketing.

We are proud to see some of our local brands recognised internatio­nally. Some of Malaysia’s world-renowned brands that need no introducti­on include Petronas, AirAsia and Top Glove. Others like Brahim’s, Marrybrown, Munchy’s and Julie’s have made inroads into the internatio­nal processed food market.

As Malaysian companies continue to embrace new technologi­es, we have seen how in recent years, Malaysian brand owners managed to expand their internatio­nal business in highvalue industries such as telecommun­ications, oil and gas, property developmen­t and creative contents. This transforma­tion signifies Malaysia’s active involvemen­t in the internatio­nal arena, tapping the markets beyond domestic boundaries.

Matrade, as Malaysia’s trade promotion agency under the Ministry of Internatio­nal Trade and Industry, is committed to championin­g Malaysian brands internatio­nally.

We believe that branding plays an important role in helping local companies remain relevant in today’s increasing­ly competitiv­e and challengin­g business environmen­t.

We are pleased to work with the 4As to raise the standards and profession­alism, promoting commercial creativity and serving as the reference point for brand developmen­t in the country.

Matrade welcomes all local brands to reach out to us to understand how they can successful­ly venture abroad and push their brands to greater heights.

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