malaysia’s participation in economic ... weekly...minister and secretary general of council of...

Ministry of International Trade and Industry

Media StatementMALAYSIA’S PARTICIPATION IN ECONOMIC DEVELOPMENT OF CAMBODIA

The Malaysia-Cambodia Business Seminar was held in Phnom Penh on 9 August 2016. The Business Seminar was organised to promote the capabilities of Malaysian companies, products and services. The Seminar was officiated by YB Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry and H.E. Pan Sorasak, Minister of Commerce of the Kingdom of Cambodia., H.E. Sok Chenda Sophea, Minister attached to the Prime Minister and Secretary General of Council of Development of Cambodia and Neak Okhna Dr. Kith Meng, President of Cambodia Chamber of Commerce also joined the Seminar.

Minister Mustapa was joined by a 73-member business delegation representing Malaysian companies from Kuala Lumpur and those already investing in Cambodia. These companies represent a wide range of sectors related to Halal products and services, construction services, building materials, financial services, training and MRO services and food products.

The Business Seminar received overwhelming support from the Cambodian business community as well the government and was attended by over 300 representatives. The Minister also had a bilateral meeting with H.E. Pan Sorasak, Minister of Commerce and joined by Okhna Othsman Hassan, Minister attached to the Prime Minister and Chairman of Cambodian Muslim Development Foundation, and senior officials from the Ministry of Commerce, Ministry of Industry and Handicraft, Ministry of Tourism, Ministry of Public Works and Transport, Ministry of Economy and Finance, and Ministry of Agriculture Forestry and Fisheries.

The Ministers exchanged views on implementing the decisions taken by both Prime Ministers in their meeting in Kuala Lumpur on 3 June 2016 to promote trade, investments, tourism, and exchanges of visits towards a better understanding and stronger cooperation between the two countries. The Ministers agreed to prioritize work on specific areas related to creating value through collaboration in the promotion and development of Halal between Malaysia and Cambodia, promoting MSMEs linkages with large companies operating in Malaysia and Cambodia, participation of Malaysian companies in Cambodia’s priority areas and projects, participation of MSMEs in trade fairs and exhibitions in each other’s countries, collaboration in skills development in Cambodia and encouraging more Malaysian companies to invest in Cambodia as well as source more Cambodian products to Malaysia.

Ministers Mustapa and Minister Pan Sorasak have agreed to intensify collaboration on the promotion and development of Halal between Malaysia and Cambodia. It was agreed that Malaysia Halal Industry Development Corporation will work with Cambodian authorities to offer assistance in sharing best practices on Halal industry and Halal related fields to enhance bilateral trade, increase investments as well as improving market access for Halal products and services.


The areas of cooperation identified include: Development of Halal standards and certification; Capacity building activities and Human capital development. The Ministers agreed officials to draw-up a roadmap on the areas to enhance collaboration on Halal related activities. Halal is one of the areas of cooperation that the Prime Minister of Cambodia and Prime Minister Malaysia agreed that both countries should collaborate. The Ministers agreed to identify products that can be sourced from each other’s country. Cambodia is a major producer of rice, rubber and tapioca. Cambodia is inviting Malaysian companies to set-up processing activities in their efforts to enhance value-add activities in Cambodia. The two Ministers also agreed to identify 10 MSMEs from each country to work together as one way to increase MSME linkages.

Minister Mustapa and his Cambodian counterparts also witnessed the signing ceremony of the Memorandum of Understanding between MATRADE and the Cambodia Chamber of Commerce (CCC). The MOU is expected to provide the platform for the two organisations to work closely towards promoting greater interactions among the Malaysian and Cambodian companies. The Ministers shared their optimism that two-way trade could be increased beyond the current level.

Malaysia’s total trade with Cambodia in 2015 amounted to US$385.8 million. Malaysia’s exports to Cambodia recorded US$234.5 million while imports amounted to US$151.3 million. Malaysia is the 9th largest sources of imports for Cambodia. With the economic development, the volume of trade is expected to increase over the next 5 years. Many infrastructure projects are being implemented or in the pipeline for implementation. Malaysia’s main exports to Cambodia are textile and clothing, beverages and tobacco, processed food, chemicals and transport equipment. Main imports are textiles and clothing, cereal, crude rubber and E&E products. Cambodia’s relatively open and liberal trade and investment regime. Currently, there are over 150 Malaysian companies operating or having business interests in the country. The liberal investment has served as a “pull factor” for Malaysian companies to invest in Cambodia.

Malaysia is the 5th biggest investor in Cambodia. Malaysian banks have significant presence in Cambodia. The largest foreign bank in Cambodia is Public Bank. Other banks operating in Cambodia are Maybank, CIMB, RHB and Hong Leong. Other major investors are Axiata, Muhibbah Engineering, Sunway, Ariston Sdn. Bhd., Karambunai Corp. Berhad and Leader Universal Holdings Berhad. There are Malaysian 25 garments factories operating in Cambodia. Muhibbah Engineering Malaysia through joint venture with a foreign partner manages and operates three key airports - Phnom Penh International Airport; Siem Reap International Airport; and Sihanoukville International Airport. Malaysian companies operating in Cambodia are pleased with open and liberal business environment, and the support by the Cambodian Government.

Based on the data from the Council for the Development of Cambodia (CDC), the total investment from 1994 to June 2016 is US$1.88 billion (in term of registered capital) and US$3.338 billion (in term of fixed assets). H.E. Sok Chenda Sophea, Minister attached to the Prime Minister and Secretary General of Council of Development of Cambodia in his speech informed that Cambodia welcomes investments in all sectors and can own 100% foreign equity. The investments by these companies have created direct and indirect jobs of over 70,000 for Cambodian nationals. Malaysian companies operating in Cambodia are already taking advantage of the preferential concessions enjoyed by Cambodia in exports to the US market under the Generalized System of Preferences and the EU under Everything but Arms Initiative.

Incentives are being granted and the Council of Development of Cambodia (CDC) is open to having concrete discussions with potential investors from Malaysia. The areas of priority for Cambodia are utilities, infrastructure and road development, renewable energy, as well as high-value services. In recent years Cambodia’s GDP has shown a steady growth of 6.5% for the period of 2011-2015. The GDP growth for next few years is forecast to be above 7.4%.

Minister Mustapa also highlighted that Malaysia has a number of good universities, including more than 10 foreign universities with campuses in Malaysia, as well as good healthcare facilities. Minister Mustapa encouraged Cambodian government to send students for tertiary education and those who require medical treatment to Malaysia. Improving education and skills development is given high priority by Cambodia. There are over 100,000 students studying in these universities in Malaysia and close to 1 million healthcare travellers visit Malaysia.

The Ministers agreed that with improved connectivity, the business sector could also explore opportunities in the tourism sector. To date, Malaysian Airlines has 10 weekly flights to Phnom Penh and 5 flights to Siem Reap and AirAsia operates 14 weekly flights to Phnom Penh and 11 flights to Siem Reap. Minister Mustapa also had the opportunity to have a dialogue with members of the Malaysian Business Council of Cambodia (MBCC). In the dialogue, Minister Mustapa invites MBCC members to participate in business seminars and workshops organised by MITI, MATRADE and MIDA to share their experience in doing business in Cambodia with aspiring Malaysian entrepreneurs and Malaysian MSMEs.

Minister Mustapa also presented the “MATRADE Awards” to 9 Malaysian and Cambodian companies and business organisations in recognition of their contributions in promoting Malaysia-Cambodia trade relations. The organisations are the Cambodia Chamber of Commerce (CCC) and Malaysian Business Council of Cambodia (MBCC). The Cambodian importers are Goodhill Enterprise (Cambodia) Ltd. and ALKSK Co. Ltd., while the Malaysian companies are Cambodian Public Bank (Campu Bank), Smart Axiata Co. Ltd., Leader (Cambodia) Ltd., Muhibbah Engineering (Cambodia) Co. Ltd., and NagaWorld Ltd.

Ministry of International Trade and Industry9 August 2016


Malaysia

Source : Department of Statistics, Malaysia

GDP Composition, Q2 2016RM271.3bil.

GDP at Constant 2010 prices

Note: % -Y-o-Y growth

ServicesRM146.4bil

5.7%

Mining and QuarryingRM24.4bil.

2.6%

AgricultureRM21.2bil.

7.9%

Plus Import DutiesRM3.7bil.

5.7%

ConstructionRM11.9bil.

8.8%

EconomyGDP Growth Rate (%)

2013 2014 2015Q1 Q2 Q3 Q4

2016Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2

4.3 4.6 4.9 5.0

GDP at Constant 2010 Prices (RM billion)

Q1 226.6

233.6243.5251.5

Q2 Q3 Q4

2013

Q1 240.8

248.7257.2265.8

Q2 Q3 Q4

2014

Q1 254.5

261.0269.4 277.9

Q2 Q3 Q4

2015

Q1 265.1

271.3Q2

2016

ManufacturingRM63.8

4.1%

6.3 6.5 5.6 5.7 5.7 4.9 4.7 4.5 4.2 4.0


Services: Percentage Share to GDP at Constant 2010 PricesGross Domestic Product (GDP),Q2 2016


RM63.8bil.


RM146.4bil.


Manufacturing Percentage Share to GDP at Constant 2010 Prices

RM5.5 bil, 4.0%Vegetable and Animal Oils & Fats and Food Processing

RM2.5 bil, 6.2%Beverages and Tobacco Products

RM1.2 bil, 6.6%Textiles, Wearing Apparel and Leather Products

RM3.8 bil, 7.0%Wood Products, Furniture, Paper Products and Printing

RM18.5 bil, 5.5%Petroleum, Chemical, Rubber and Plastic Products

RM8.7 bil, 5.3%Non-Metalic Mineral Products, Basic Metal and Fabricated Metal Products

RM16.6 bil, 8.8%Electrical, Electronic and Optical Products

RM6.9 bil, 6.2%Transport Equipment, Other Manufacturing Repair

Real Estate & Business Services

RM12.2 bil.6.8%

RM16.5 bil.8.8%

Information & Communication

Government Services

RM23.4 bil.4.9%

Wholesale & Retail Trade

RM39.6bil.6.6%

Utilities & Other Sevices

RM19.3 bil.4.8%

RM7.7 bil.6.9%

RM18.1 bil.1.6%

Finance & Insurance

Transportation & Storage

RM9.7 bil.5.9%

Food and Beverage & Accommodation


75.3

248.6

0

100

200

300

400

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

USD million

829.5

3,362.0

0

500

1000

1500

2000

2500

3000

3500

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

USD million

Exports of Gloves, 2001-2015Malaysia

349.8

956.2

0

200

400

600

800

1000

1200

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

USD million

Note: Hs Code 401511 - Gloves surgical of rubberSource: Trademap

Indonesia

Thailand


and You’‘

Country

India$2.1T

Japan$4.1T

China$11.0T

USA$17.9T

EU$16.2T

$2.4T

2015 Data

Note: T - TrillionSource: International Monetary Fund, World Economic Outlook Database, April 2016

The


Buku kecil TPPA di dalam versi PDF boleh di muat turun melalui pautanhttp://fta.miti.gov.my/miti-fta/resources/MITI_TPPA.pdf


International Report SINGAPORE

Malaysia’s Trade with Singapore, 2005-2015

83.6

108.5

50.6

82.1

134.2

190.6

0

50

100

150

200

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

RM Billion

Exports Imports Total Trade

Malaysia Global Trade, 2015Total Trade: RM1,465.34 bil.Exports : RM779.95 bil.Imports : RM685.39 bil

Source:http://www.singstat.gov.sg/


LATEST KEY INDICATORS


Did You Know?

Source: http://www.wipo.int/publications/en/details.jsp?id=4064


AJCEP: ASEAN-Japan Comprehensive Economic Partnership (Implemented since 1 February 2009) ACFTA: ASEAN-China Free Trade Agreement (Implemented since 1 July 2003) AKFTA: ASEAN-Korea Free Trade Agreement (Implemented since 1 July 2006)

AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement(Implemented since 1 January 2010)

AIFTA: ASEAN-India Free Trade Agreement (Implemented since 1 January 2010)

ATIGA: ASEAN Trade in Goods Agreement (Implemented since 1 May 2010)

MICECA: Malaysia-India Comprehensive Economic Cooperation Agreement (Implemented since 1 July 2011)MNZFTA: Malaysia-New Zealand Free Trade Agreement (Implemented since 1 August 2010)MCFTA: Malaysia-Chile Free Trade Agreement (Implemented since 25 February 2012)

MTFTA: Malaysia-Turkey Free Trade Agreement (Implemented since 1 August 2015)

MAFTA: Malaysia-Australia Free Trade Agreement (Implemented since 1 January 2013)

MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008)MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006)

19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul 7 AugAANZFTA 84 81 98 25 115 93 79 104AIFTA 120 121 212 44 193 210 115 156AJCEP 56 74 95 60 59 66 104 70

0

50

100

150

200

250

RM

mill

ion

19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul 7 AugATIGA 1,280 751 986 211 782 1,036 781 4,848ACFTA 576 499 480 275 693 555 690 684AKFTA 287 240 258 91 632 262 171 205

0

1,000

2,000

3,000

4,000

5,000

6,000

RM

mill

ion

19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul 7 AugMICECA 41.06 39.03 52.99 22.49 45.60 45.96 51.98 54.14MNZFTA 0.02 0.14 0.38 0.22 0.02 0.05 0.14 1.12MCFTA 10.44 6.89 10.07 1.90 11.32 7.21 6.28 12.13MAFTA 38.50 36.15 41.80 14.20 39.27 34.05 31.69 47.95

0

10

20

30

40

50

60

RM m

illio

n

19 Jun 2016 26 Jun 2016 3 Jul 2016 10 Jul 2016 17 Jul 2016 24 Jul 2016 31 Jul 2016 7 Aug 2016AANZFTA 807 722 870 237 1,009 764 728 1,022

AIFTA 625 542 656 245 676 679 582 716

AJCEP 207 151 287 70 213 209 227 220

ATIGA 4,585 3,981 4,286 1,339 4,135 4,402 4,519 4,947

ACFTA 1,584 1,327 1,610 482 1,621 1,395 1,664 1,856

AKFTA 909 911 951 249 1,053 762 895 998

MICECA 329 296 344 152 332 312 356 362

MNZFTA 3 8 13 3 4 5 3 17

MCFTA 65 51 52 16 65 46 43 72

MAFTA 394 440 442 147 412 351 334 434

MJEPA 777 834 988 242 917 710 791 769

MPCEPA 185 130 124 27 130 147 129 131

GSP 134 103 147 30 128 113 118 131

MTFTA 247 172 305 112 214 187 178 275

19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul 7 AugMJEPA 137 188 159 48 170 127 124 121MPCEPA 121 41 20 3 51 71 15 159GSP 19 25 27 6 22 20 31 21MTFTA 211 75 83 36 130 91 80 151

0

50

100

150

200

250

RM m

illio

n

Value of Preferential Certificates of Origin

Number and Value of Preferential Certificates of Origin (PCOs)Number of Certificates (Provisional data)

Notes: The preference giving countries under the GSP scheme are Liechtenstein, the Russian Federation, Japan, Switzerland, Belarus, Kazakhstan and Norway.

Source: Ministry of International Trade and Industry, Malaysia


Source : Bank Negara, Malaysia

15.2

20.2

12.0

13.0

14.0

15.0

16.0

17.0

18.0

19.0

20.0

21.0

8 Ap

r15

Apr

22 A

pr29

Apr

6 M

ay13

May

20 M

ay27

May

3 Ju

n10

Jun

17 Ju

n24

Jun

30 Ju

n8

Jul

15 Ju

l22

Jul

29 Ju

l5

Aug

12 A

ug

US$/Oz Silver

960.0

1,094.0

800.0

850.0

900.0

950.0

1000.0

1050.0

1100.0

1150.0

1200.0

8 Ap

r15

Apr

22 A

pr29

Apr

6 M

ay13

May

20 M

ay27

May

3 Ju

n10

Jun

17 Ju

n24

Jun

30 Ju

n8

Jul

15 Ju

l22

Jul

29 Ju

l5

Aug

12 A

ug

US$/Oz Platinum

Source : http://www.gold.org/investments/statistics/gold_price_chart/

http://online.wsj.com/mdc/public/page/2_3023-cashprices.html?mod=topnav_2_3023

Gold Prices, 8 April - 11 August 2016

Silver and Platinum Prices, 8 April - 12 August 2016

39.9

43.5

36.0

37.0

38.0

39.0

40.0

41.0

42.0

43.0

44.0

8 Ap

r

15 A

pr

22 A

pr

29 A

pr

6 M

ay

12 M

ay

19 M

ay

26 M

ay

2 Ju

n

9 Ju

n

16 Ju

n

23 Ju

n

30 Ju

n

7 Ju

l

14 Ju

l

21 Ju

l

28 Ju

l

4 Au

g

11 A

ug

US$/Gram Gold

Malaysian Ringgit Exchange Rate withJapanese Yen and South Korean Won

0.30

0.31

0.32

0.33

0.34

0.35

0.36

0.37

0.38

2.60

2.80

3.00

3.20

3.40

3.60

3.80

4.00

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul

2015 2016

JPY100 = RM KRW100 = RM

100 KRW = RM 0.35

100 JPY = RM 3.85


Commodity

Crude Petroleum

(Brent) (per bbl)

Crude Palm Oil (per MT)

Sugar (per lbs.)

Rubber SMR 20(per MT)

Cocoa SMC 2

(per MT)

Coal(per MT)

Scrap Iron HMS

(per MT)

12 Aug 2016 (US$) 47.0 695.5 19.7 1,319.5 2,212.9 43.5 230 (high)

210 (low)

% change* 6.1 5.4 3.1 1.0 2.1 unchanged 15.016.7

2015i 36.9 - 66.8 616.9 13.2 1,364.3 2,077.0 49.9 239.6

2014i 59.5 - 114.8 823.3 16.6 1,718.3 2,615.8 59.8 370.0

Commodity Prices

Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated n.a Not availble

Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group.

Highest and Lowest Prices, 2015/2016

Lowest (US$ per bbl)

Highest(US$ per bbl)

Crude Petroleum(Brent)

(12 Aug 2016)US$47.0 per bbl

201515 May 2015: 66.8

201518 Dec 2015: 36.9

201610 June 2016: 50.5

201615 Jan 2016: 28.9

Lowest (US$ per MT)

Highest(US$ per MT)

Crude Palm Oil (12 Aug 2016)

US$695.5 per MT

201516 Jan 2015: 701.0

20154 Sep 2015: 500.5

20168 Apr 2016: 725.5

201615 Jan 2016: 545.5

Steel Bars(per MT)

RM1,840 – RM1,990

Average Domestic Prices, 12 Aug 2016

Billets(per MT)

RM1,450 – RM1,550


Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.

Commodity Price Trends

713.0

693.0

701.5

708.5710.5

704.5700.0

655.0

685.0

659.0 660.0

695.5

620

630

640

650

660

670

680

690

700

710

720

20 May 27 May 3 Jun 10 Jun 17 Jun 24 Jun 30 Jun 15 Jul 22 Jul 29 Jul 5 Aug 12 Aug

US$

/mt

Crude Palm Oil

1,961.0

2,049.92,060.2

2,125.0 2,122.7 2,089.9

2,075.8

2,147.32,161.6 2,152.5

2,259.8

2,212.9

1,800

1,850

1,900

1,950

2,000

2,050

2,100

2,150

2,200

2,250

2,300


US$

/mt

Cocoa

17.1

17.5

18.8

19.719.9

19.2

20.3

19.319.6

19.1

20.4

19.7

15.0

16.0

17.0

18.0

19.0

20.0

21.0


US$

/lbs

Sugar

1,287.5

1,263.0

1,281.5

1,226.01,242.0

1,278.0

1,314.0

1,293.51,306.0

1,273.0

1,307.01,319.5

1,000

1,050

1,100

1,150

1,200

1,250

1,300

1,350


US$

/mt

Rubber SMR 20

7,591

7,286 7,267

7,853

7,148 7,063

7,296

6,742

6,940

7,029

6,963

7,008

6,900

7,088

7,113

7,281

6,917 6,851 6,730

6,379

5,000

5,500

6,000

6,500

7,000

7,500

8,000

8,500

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug

2015 2016

USD

/ to

nne

Black Pepper

* until 12 August 2016

47.8

49.3

48.649.1

48.047.6

48.3

45.446.0

44.2

41.6 41.8

44.5

48.7

49.349.6

50.5

49.2

48.4

49.7

46.8

47.6

45.7

42.5

44.3

47.0

40

42

44

46

48

50

52

20 May27 May 3 Jun 10 Jun 17 Jun 24 Jun 30 Jun 8 Jul 15 Jul 22 Jul 29 Jul 5 Aug 12 Aug

US$

/bbl

Crude Petroleum

Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl


Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.

Commodity Price Trends

260.0

290.0300.0

330.0340.0

320.0

300.0

280.0270.0

230.0

200.0

230.0240.0

280.0 280.0

300.0

320.0

300.0

280.0

260.0250.0

220.0

180.0

210.0

100

150

200

250

300

350

15 Apr 22 Apr 29 Apr 6 May 13 May 23 May 30 May 6 Jun 10 Jun 24 Jun 15 Jul 12 Aug

US$

/mt

Scrap Iron

Scrap Iron/MT (High) Scrap Iron/MT(Low)

48.1 48.148.0

43.743.5 43.5 43.5 43.5 43.5 43.5 43.5 43.5 43.5

43.0

44.0

45.0

46.0

47.0

48.0

49.0

20 May27 May 3 Jun 10 Jun 17 Jun 24 Jun 30 Jun 8 Jul 15 Jul 22 Jul 29 Jul 5 Aug 12 Aug

US$

/mt

Coal

68.0

63.0

58.0

52.0

60.0

63.0

52.0

56.0

57.0

53.0

47.0

41.042.0

47.0

56.0

61.0

55.0

52.0

57.0

38.0

43.0

48.0

53.0

58.0

63.0

68.0

73.0


2015 2016

US$

/dm

tu

Iron Ore

1,815

1,818

1,774

1,819

1,804

1,688

1,640

1,548

1,590

1,516

1,468

1,497

1,481

1,531

1,531

1,571 1,551

1,591

1,629

1,400

1,450

1,500

1,550

1,600

1,650

1,700

1,750

1,800

1,850


2015 2016

US$

/ to

nne

Aluminium

5,831

5,729

5,940 6,042

6,295

5,833

5,457

5,127

5,217 5,216

4,800

4,639

4,472 4,599

4,954

4,873

4,695 4,633

4,865

4,000

4,500

5,000

5,500

6,000

6,500


2015 2016

US$

/ to

nne

Copper

14,849 14,574

13,756

12,831

13,511

12,825

11,413

10,386 9,938

10,317

9,244

8,708 8,507 8,299

8,717

8,879 8,660

8,906

10,263

7,000

8,000

9,000

10,000

11,000

12,000

13,000

14,000

15,000

16,000


2015 2016

US$

/ to

nne

Nickel


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Success Story


MITI Programme Affin Hwang Capital Conference Series 2016

11 August 2016


Majlis Pelancaran Program Inkubator Jaguh Eksport ASEANoleh Menteri Perdagangan Antarabangsa dan Industri, 14 Ogos 2016

Majlis Pelancaran Hari NBOS 2016, 14 Ogos 2016Oleh Ketua Setiausaha Negara


AMENDMENT OF CUSTOMS (PROHIBITION OF IMPORTS

AND EXPORTS) ORDER 2012

1. The Approved Permit (AP) is an Import License and Export License issued based on the Customs Act 1967 [Act 235].

2. The list products for Import License and Export License issued by MITI are specified in the Customs (Prohibition of Imports) Order 2012 [P.U.(A) 490/2012] and the Customs (Prohibition of Exports) Order 2012 [P.U.(A) 491/2012].

3. Pursuant to the Customs (Prohibition of Imports) (Amendment) (No.2) Order 2016 [P.U.(A) 219/2016], the requirement for Import License on the following products are abolished:

(i) Motorhomes;(ii) Motorcycle helmets;(iii) Used tyres; and(iv) Flour.

However, item (ii), (iii) and (iv) are subject to conditions imposed by respective government agencies.

4. Pursuant to the Customs (Prohibition of Exports)(Amendment) (No.2) Order 2016 [P.U.(A) 218/2016]:

(a) The Export License on the following products are abolished:

(i) Naptha; and(ii) Bricks;

(b) The Export License on the following products are transferred to Ministry of Domestic Trade, Co-operatives and Consumerism (KPDNKK)

(i) Cement; and(ii) Clinker.

5. The effective date will be on 1st September 2016.

For further info, kindly refer to this link: http://www.federalgazette.agc.gov.my

MEDIA STATEMENT


AnnouncementMITI Weekly Bulletin (MWB) Mobile Apps

MITI MWB APPs is now available for IOS, Android and Windows platforms. MWB APPs can be download from Gallery of Malaysian Government Mobile APPs (GAMMA) at the link: http://gamma.malaysia.gov.my/#/appDetails/85

The international reserves of Bank Negara Malaysia amounted to RM391.1 billion (equivalent to USD97.3 billion) as at 29 July 2016. The reserves position is sufficient to finance 8.1 months of retained imports and is 1.2 times the short-term external debt[1].

[1]Refers to the redefined short-term external debt, which includes short-term offshore borrowing, non-resident holdings of short-term ringgit debt securities, non-resident deposits with the banking system and other short-term debt. For more information, please refer to the box article titled ‘The Redefinition of External Debt’ in the Quarterly Bulletin on Economic and Financial Developments in the Malaysian Economy in the First Quarter of 2014.

Bank Negara Malaysia Press Statement

International Reserves of Bank Negara Malaysia as at 29 July 2016


Announcement

Benefit of Economic CensusEntrepreneurs, Companies & Business

Industry Associations & Chamber of Commerce

Government To Update Economic Indicators

• To identify industrial structure and product trends

• To monitor changing patterns and growth trends for future investment

• To make business planning and decisions

• To gauge their business perfomance

• To compare their business operations to industry norms

• Rebasing of indices i.e. Gross Domestic Product (GDP) and Index of Industrial;

• Compilation of

Supply & Use Table (SUT), Input-Output Table (I-O), Tourism Satellite Account (TSA), Information & Communication Technology Satellite Account and System of Environmental – Economic Accounting (SEEA);

• Development of SME’s profile.

• To identify new sources of growth to the economy;

• To formulate national economy programmes; and

• To assess the implementation of the national development policy such as The Economic Transformation Programme, Eleventh Malaysia Plan and Small and Medium Enterprise (SME) Masterplan 2012 -2020.

• To understand more about industrial structure;

• To share information about the industry with their members;

• To assist business in marketing and investment planning.



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http://www.miti.gov.my/index.php/forms/form/13

@ YOUR SERVICE

Siti Fariza Edzua Jamaludin

Senior Federal Counsel

To provide legal advice in the areas under the administration

of MITI and related agencies

[email protected]

603-6200 0064 | Legal Advisor’s Office

Jean Sharmila Jesudason

Senior Federal Counsel

To provide legal advice in the areas under the administration of

MITI and related agencies

[email protected]

603-6200 0063 | Legal Advisor’s Office

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