M

machinery and equipment

Machinery and equipment cover transport equipment, machinery for information, communication and telecommunications (ICT) equipment, and other machinery and equipment.

management consultancy and market research services

a) Management consultancy services

Refers to provision of advice and assistance to businesses and other organisations on management issues, such as strategic and organisational planning; financial planning and budgeting; marketing objectives and policies; human resource policies, practices, and planning; production scheduling; and control planning. Includes are business management consultancy services, human resource consultancy services and public relation and communication consultancy services.

This services may include advice, guidance or operational assistance to businesses and the public service regarding public relations and communication; lobbying activities; design of accounting methods or procedures, cost accounting programmed, budgetary control procedures and advice and help to businesses and public services in planning, organisation, efficiency and control, management information and others.

b) Market researh services  

                                                                                                                                                                                                                                                                                                                                                 Refers to investigation into market potential, acceptance and familiarity of products and buying habits of consumers for the purpose of sales promotion and development of new products, including statistical analyses of the results; investigation into collective opinions of the public about political, economic and social issues and statistical analysis thereof.

manufacturing

Manufacturing is defined as the physical or chemical transformation of materials or components into new products, whether the work is performed by power-driven machines or by hand, whether it is done in a factory or in the worker’s home, and whether the products are sold at wholesale or retail.
 

margin (trade)

A trade margin is the difference between the actual or imputed price realised on a good purchased for resale (either wholesale or retail) and the price that would have to be paid by the distributor to replace the good at the time it is sold or otherwise disposed of.

marine park

Sea zoned area for a distance of two nautical miles from the lowest sea level, except in Kapas Island in Terengganu, Kuraman Island, Rusukan Besar Island and Rusukan Kecil Island in W.P. Labuan. These areas are zoned for a distance of one nautical mile from the lowest sea level. Marine Park is established to protect and conserve various habitat and aquatic marine life.