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Malaysian Companies to seek Strategic Partnerships with JSRS Companies at Upcoming B2B Meeting

From left to right: Mr Hafidh Al Mahroqui, Mr S. Jai Shankar, Mr Hemant Murkoth and Mr Sanjiv Padman.


On 20 November 2021, Mr S. Jai Shankar, Director and Sustainability Lead, Oil & Gas, Chemical and Energy Section, Malaysia External Trade Development (MATRADE), Kuala Lumpur, Malaysia visited Business Gateways International (businessgateways), Sultanate of Oman, to discuss key subjects around building stronger business relationships between Malaysia & Oman, especially across the Renewable & Clean Energy. MATRADE and businessgateways have agreed to onboard select Malaysian Companies on the Joint Supplier Registration System (JSRS), while showcasing them to the JSRS Certified Suppliers Network (JSRS CSN) for B2B Engagements, through JSRS B2B Cloud Networking.


MATRADE is the National Trade Promotion Agency of Malaysia, with a core mission to "Promote Malaysia's Enterprises to the World". Often considered to be the first reference point for enquiries by global importers, MATRADE’s services include Export Development & Promotion, Trade & Market Information, Trade Advisory and Support.


MATRADE is also profiled on globeconnect, a platform driven by businessgateways, on www.businessgateways.com. The online engagement model globeconnect, aimed at fostering trade and investment-related B2B interactions between Omani & the International business communities, hosts entities like the DIT UK, Enterprise Singapore, Indian Embassy, Canadian Embassy and more, all with a key objective of connecting reputed companies from respective countries, with JSRS Certified Omani Companies for business partnerships.


Mr S. Jai Shankar’s visit to businessgateways was to explore new business opportunities in Oman for Malaysian Exports. In line with this, MATRADE and businessgateways recently initiated an exercise to enhance business relations between Malaysian and Omani Companies. MATRADE sponsored the earlier mentioned Malaysian companies to register on JSRS and pursue their JSRS Certification. These select companies also earned an exclusive opportunity to engage in a special B2B Cloud Networking with JSRS Certified Companies, to explore the expansion of business into Oman.


The Malaysia - Oman JSRS B2B Cloud Networking Event, conducted on 7 December 2021, connected these Malaysian Companies to Oman’s JSRS Certified Suppliers Network (JSRS CSN), to help them explore technology, investment & other related business partnerships.


Malaysia is the third-largest economy in Southeast Asia. Having experienced an economic boom and undergoing rapid development during the late 20th century, Malaysia is now considered an emerging industrialised country. International trade plays a very significant role in Malaysia's economy and the country was also one of the largest producers of tin, rubber, and palm oil in the world. Malaysia is also the world's largest Islamic banking and financial centre.


Aligning with the idea of creating a free economy, The Sultanate of Oman has a diversified economy with oil exports reigning on top. With projects worth billions in all sectors (Mining, O&G, Water, Electricity, Power and so on), Oman is a country that welcomes suppliers offering top quality products/services, adhering to world-class best practices.


The Joint Supplier Registration System (JSRS) is a Mandatory Supplier Registration & Certification System for any company wanting to receive opportunities or participate in bids from Oman’s O&G Industry. Implemented by businessgateways on behalf of the Oman Ministry of Energy & Minerals, the JSRS has grown to become a National Procurement Initiative in Oman, a primary sourcing base of Oman's Oil & Gas and other major Industries' procurement system. Read more about JSRS here: www.businessgateways.com/jsrs.


About Business Gateways International
Established in 2010, businessgateways is an Omani based IT organisation implementing nationwide technology-driven projects that positively impact the growth of the business community.


Further information
Business Gateways International LLC (www.businessgateways.com)
Muscat, Sultanate of Oman
Office: +968 24166 100
register@businessgateways.com
  • MATRADE
  • B2B Networking Event
  • JSRS
  • The Stage
  • Malaysia
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