Mandarin Oriental, Kuala Lumpur
October, 27, 2015
Mandarin Oriental, Kuala Lumpur
October, 27, 2015
With external trade and exports constituting a key source of growth for the Malaysian economy, the volatility affecting global markets is significantly impacting the country’s growth prospects. Despite this the Asean bloc is maintaining a relatively strong level of growth whilst offering a competitive supply and manufacturing base, providing optimism for those investing in the region.
Providing the keynote address at Global Trade Review’s Malaysia Trade & Export Finance Conference 2015 on October 27, Rajiv Biswas, IHS’ Senior Economist for Apac Rajiv Biswas gave a detailed breakdown of economic performance in Malaysia and across the Asian region, highlighting strong year on year growth of Malaysia’s export volumes despite economic headwinds causing a slowdown in demand from key trade partners. The export growth was in large part explained by the drop in the value of the Malaysian Ringgit and the resulting increase in the competitiveness of Malaysian exports.
The conference welcomed senior decision makers from the corporate, financial and government sectors to discuss the challenges and priorities of Malaysian exporters, the regional trade sector and the key concerns of those doing business in the country. Official support was received from corporate companies such as Petronas and Olam International who widely commended the domestic and regional banking sector for the provision of relevant trade and supply chain financing products, but highlighted the fact that the key to adding value for their corporate clients and differentiating themselves from competitors, lies in the provision of trade financing expertise and the delivery of an effective service.
“With a question mark now positioned over Asia’s – and specifically China’s – ability to continue to act as an engine for global trade growth, the resulting waves of volatility across both physical goods and financial markets mean companies and financiers now have to review their strategy for both achieving growth and managing risk” said George Mitchell, Senior Conference Producer for GTR on the side-lines of the event. Conference speaker Tan Chin Aun, Senior General Manager for Ambank also commented, “The future of Asean is soundly and firmly in the hands of the Asean community – the region’s prosperity and potential truly is in the hands of its citizens regardless of whether they are from Indonesia, Malaysia, Singapore or Thailand. Everyone within Asean wants to make Asean an economic power region with strong human and labour rights practice”.
Speakers and delegates held a general consensus that while it is still too early to detect any real and significant impact, the enactment of the Asean Economic Community (AEC) stands to offer huge benefits to Malaysia’s corporate and financial sectors, though there is a risk that the impact may be softened by ratification of other inter-regional trade agreements such as the Trans-Pacific Partnership (TPP).
Abdul Aleem Habeeb, Corporate & Structured Finance Manager, Asia, Islamic Trade Finance Corporation (ITFC)
Ahmad Farid Bin Kamarudin, General Manager, MSM Holdings
Alhami Abdan, Head, Corporate Strategic Planning, OCBC Al-Amin Bank
Bernard Yap, Partner, Tax, Indirect Tax & Financial Services, Ernst & Young
Damien Dugauquier, Head of Corporate Markets Asean, Swift
David Vicary, President & Chief Executive Officer, The Global University of Islamic Finance (INCEIF)
Fabien Conderanne, Chief Executive Officer, Singapore, Coface
Finbarr Bermingham, Asia Editor, Global Trade Review (GTR)
Frank Wu, Regional Head of Structured Commodity Trade Finance, Asia Pacific, Deutsche Bank
Gazali Jaafar, Senior Manager, Financial Services & Treasury, Petronas LNG
Hassan Omaish, Country Manager, Malaysia, Euler Hermes
Kaushik Mukherjee, Head of Trade Sales for India and Southeast Asia, Wells Fargo
Khalimah Binti Haron, Working Capital Sales, Transaction Banking Malaysia, Maybank
Khoo Kah Jin, Head of Trade Credit Insurance, Exim Bank of Malaysia (Mexim)
Mahadir Manap, Head of Transaction Banking Malaysia, Maybank
Rajiv Biswas, Senior Director & Chief Economist, Asia Pacific, IHS
Serene Soo, Divisional Director, Credit, Political & Security Risks, JLT
Sin Ho Moon, Head of Global Transaction Banking, Asia, National Bank of Abu Dhabi
Srinivasan Venkita Padmanabhan, President & Global Head of Finance (Products), Olam Group
Tak-Sim Chan, Director, Head of Export & Agency Finance Asean, Citi
Tan Chin Aun, Senior General Manager, Transaction Banking, Ambank
Tan Sim Kiat, Deputy Director of Customs Sector IV, GST Division, Royal Malaysian Customs Department
Thomas Tan, Group Head of Transaction Banking, CIMB
Tim Warren, Senior Vice-President & Regional Head, Asia Pacific, Zurich Credit & Political Risk
Wan Heng Choon, Senior Executive Director, PricewaterhouseCoopers Malaysia
William Shaw, Director, Texel Asia
Yasukazu Irino, Chief Representative for Asia & Oceania, Nexi
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Established in 2002 and with offices in London and Singapore, Exporta Publishing & Events Ltd is the world’s leading trade and trade finance media company, offering information, news, events and services for companies and individuals involved in global trade.
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This Data Protection Policy explains when and why we collect personal information about people who visit our website, how we use it, the conditions under which we may disclose it to others and how we keep it secure.
Why do we collect information from you?
Our primary goal in collecting personal data from you is to give you an enjoyable customised experience whilst allowing us to provide services and features that will meet your needs.
We collect certain personal data from you, which you give to us when using our Site and/or registering or subscribing for our products and services. However, we also give you the option to access our Sites’ home pages without subscribing or registering or disclosing your personal data.
We also collect certain personal data from other group companies to whom you have given information through their websites (including, by way of example, Exporta Publishing & Events Ltd and subsidiaries, in accordance with the purposes listed below). Should we discover that any such personal data has been delivered to any of the Sites, we will remove that information as soon as possible.
This Data Protection Policy ensures Exporta Publishing & Events Ltd:
We may change this Policy from time to time so please check this page occasionally to ensure that you’re happy with any changes. By using our website, you’re agreeing to be bound by this Policy.
The Data Protection Act 1998 described how organisations – including Exporta Publishing & Events Ltd – must collect, handle and store personal information. These rules apply regardless of whether data is stored electronically, on paper or on other materials. To comply with the law, personal information collected must be stored safely, not disclosed unlawfully and used fairly.
The Data Protection Act is underpinned by eight important principles. These say that personal data must:
We obtain information about you when you use our website, for example, when you contact us about products and services, when you register for an event, register to receive eNewsletters, subscribe or register for a trial to our GTR magazine/website.
On some Sites, Exporta Publishing & Events Ltd collects personal data such as your name, job title, department, company, e-mail, phone, work and/or home address, in order to register you for access to certain content, subscriptions and events. In addition, we may also store information including IP address and page analytics, including information regarding what pages are accessed, by whom and when.
This information is used to administer and deliver to you the products and/or services you have requested, to operate our Sites efficiently and improve our service to you, and to retain records of our business transactions and communications. By using the Sites and submitting personal information through the registration process you are agreeing that we may collect, hold, process and use your information (including personal information) for the purpose of providing you with the Site services and developing our business, which shall include (without limitation) the purposes described in the below paragraphs.
Where, as part of our Site services, we enable you to post information or materials on our Site, we may access and monitor any information which you upload or input, including in any password-protected sections. Subject to any necessary consents, we also monitor and/or record the different Sites you visit and actions taken on those Sites, e.g. content viewed or searched for. If you are a registered user (e.g. a subscriber or taking a trial), when you log on, this places a cookie on your machine. This enables your access to content and services that
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Some of your personal data collected under paragraphs 1 and 2 above may be used by us to contact you by e-mail, telephone and/or post for sending information or promotional material on our products and/or services and/or those of our other group companies. We give you the opportunity to opt-out of receiving marketing communications. Further detail can be found on the applicable Site and in the footer of each marketing communication sent by us, our group companies or service providers. See also “Consents and opt-outs” section below. We will not share your information with third parties for marketing purposes.
We may analyse your personal information to create a profile of your interests and preferences so that we can contact you with information relevant to you.
When you enter some sites, your computer will be issued with a cookie. Cookies are text files that identify your computer to servers. Cookies in themselves do not identify the individual user, just the computer used.
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E-mail tracking is a method for monitoring the e-mail delivery to those subscribers who have opted-in to receive marketing e-mails from GTR, including GTR Africa, GTR Asia, GTR Americas, GTR Europe, GTR Mena, GTR eNews, Third party e-mails and GTR Ventures.
So that we can better understand our users’ needs, we track responses, subscription behaviour and engagement to our e-mails – for example, to see which links are the most popular in newsletters. They enable us to understand the consumers journey through metrics including open rate, click-through rate, bounces and unsubscribes. Any other purposes for which Exporta Publishing & Events Ltd wishes to use your personal data will be notified to you and your personal data will not be used for any such purpose without obtaining your prior consent.
To do this, we use pixel GIFs, also known as “pixel tags” – these are small image files that are placed within the body of our e-mail messages. When that image is downloaded from our web servers, the e-mail is recorded as being opened. By using some form of digitally time-stamped record to reveal the exact time and date that an e-mail was received or opened, as well the IP address of the recipient.
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Information collected at one Site may be shared between Exporta Publishing & Events Ltd and other group companies for the purposes listed above.
We may transfer, sell or assign any of the information described in this policy to third parties as a result of a sale, merger, consolidation, change of control, transfer of assets or reorganisation of our business.
Some of our Sites may have a message board, blogs or other facilities for user generated content available and users can participate in these facilities. Any information that is disclosed in these areas becomes public information and you should always be careful when deciding to disclose your personal information.
Services on the Internet are accessible globally so collection and transmission of personal data is not always limited to one country. Exporta Publishing & Events Ltd may transfer your personal data, for the above-listed purposes to other third parties, which may be located outside the European Economic Area and/or with a different level of personal data protection. However, when conducting transfers, we take all necessary steps to ensure that your data is treated reasonably, securely and in accordance with this Privacy Statement.
We are committed to keeping the data you provide us secure and will take reasonable precautions to protect your personal data from loss, misuse or alteration.
However, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our Site; any transmission is at your own risk. Once we have received your information, we will use strict procedures and security features described above to try to prevent unauthorised access.
We have implemented information security policies, rules and technical measures to protect the personal data that we have under our control from:
All our employees, contractors and data processors (i.e. those who process your personal data on our behalf, for the purposes listed above), who have access to, and are associated with the processing of your personal data, are obliged to keep the information confidential and not use it for any other purpose than to carry out the services they are performing for us.
Everyone who works for or with Exporta Publishing & Events Ltd has some responsibility for ensuring data is collected, stored and handled appropriately. Each team handling personal data must ensure that it is handled and processed in line with this policy and data protection principles. However, the following people have key areas of responsibility. The board of directors is ultimately responsible for ensuring that Exporta Publishing & Events Ltd meets its legal obligations.
Name of Data Controller
The Data Controller is Exporta Publishing & Events Ltd. Exporta Publishing & Events Ltd is subject to the UK Data Protection Act 1998 and is registered in the UK with the Information Commissioner`s Office.
Upon request, we will provide you with a readable copy of the personal data which we keep about you. We may require proof of your identity and may charge a small fee (not exceeding the statutory maximum fee that can be charged) to cover administration and postage.
Exporta Publishing & Events Ltd allows you to challenge the data that we hold about you and, where appropriate in accordance with applicable laws, you may have your personal information:
In certain circumstances, the Data Protection Act allows personal data to be disclosed to law enforcement agencies without the consent of the data subject. Under these circumstances, Exporta Publishing & Events Ltd, will disclose requested data. However, the Data Controller will ensure the request is legitimate, seeking assistance from the board and from the company’s legal advisors where necessary.
We will occasionally update this Privacy Statement to reflect new legislation or industry practice, group company changes and customer feedback. We encourage you to review this Privacy Statement periodically to be informed of how we are protecting your personal data.
Exporta Publishing & Events Ltd aims to ensure that individuals are aware that their data is being processed, and that they understand.
To this end, the company has a privacy statement, setting out how data relating to individuals is used by the company. This is available on request and available on the company’s website.
We keep this Policy under regular review. This Privacy Statement was last updated in April 2018.