miti in the news weekly bulletin/miti_weekly_bulletin_volume...source: u.s. bureau of economic...
TRANSCRIPT
The Federal Government has given RM28.5mil to QAV Technologies Sdn Bhd and AMD Export Sdn Bhd in the form of grants to assist them in establishing themselves as world-class companies. International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said the funding was to help the companies purchase equipment and to expand their operations.
Speaking at a briefing after visiting QAV and AMD plants in Bayan Lepas, he said QAV received RM18.5mil, with AMD getting the remainder. QAV Technologies provides testing and certification services to light-emitting diodes (LED) and solid state lighting (SSL) producers while AMD is a global leader in manufacturing micro-processors.
Mustapa said local SSL and LED companies had contributed significantly to the growth of the electrical and electronics sector.“As of December 2014, 10 local LED companies have achieved significant increase in combined sales, amounting to RM88.7mil. Twenty-six products have been certified internationally, with market access to 13 countries,” he said. Earlier at Kulim Hi-Tech Park (KHTP), Kedah Mentri Besar Datuk Seri Mukhriz Mahathir said the first phase of the proposed international airport in Kulim would start off with providing cargo services.“The cargo traffic in and out of Penang has been declining at 10.5% annually. Thus if we plan the first phase as a cargo airport, we can pick up the slack and meet an immediate demand.“This way, we also don’t disturb the Penang International Airport, which is focused on serving passengers,” he said at a joint press conference with Mustapa. Mukhriz said the decline in cargo traffic at Penang International Airport was due to the fact that it had only one runway, which was dedicated to serving passenger aircraft. “The response from the multinational corporations in KHTP to our proposal has been very positive,” he added.The proposed international airport in Kulim is expected to cost RM1.6bil. The plan for the proposed airport is now being studied by the Economic Planning Unit. Meanwhile, Mustapa said a new waste treatment facility built by Globecycle Manufacturing Sdn Bhd close to KHTP would start operations in mid-2015. He added that Globecycle had received a RM7mil grant from the Federal Government for the project.
Source : BERNAMA, 1 April 20015
MITI in the NewsRM28mil grant for two firms
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
6.4
10.4 9.5 8.75.6
4.1 3.6 3.9
9.3
1.1
11.19.2 9.0
4.5
0.0
5.0
10.0
15.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
RM millionMalaysia Balance of Trade
Jan 2014 - Feb 2015
64.0
58.9
65.0
66.2
64.8
61.2
61.1
63.9
64.5
65.1
63.7
67.7
63.6
53.2
57.6
48.5 55
.4
57.5
59.2
57.1
57.5
60.0
55.2 63
.9
52.6 58
.5
54.6
48.6
121.6 107.4 120.4
123.7
124.0118.3
118.6
123.9
119.7
129.0
116.3
126.2
118.2101.8
0
50
100
150
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
RM million Exports Imports Total trade
Source : Department of Statistics, Malaysia
Source : Department of Statistics, Malaysia
External Trade Performance, Feb 2014 - Feb 2015 MALAYSIA
Imports
2014 2015
Exports VS MITI Weekly Bulletin / www.miti.gov.my
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
Exports & Imports by Major CountriesJan - Feb 2015
Source : Department of Statistics, Malaysia
Source : Department of Statistics, MalaysiaNote: Others include Dual Goods, Goods nes and Transaction below RM5,000
Total Imports Feb 2014 : RM103.3bil.Feb 2015: RM106.1 bil.
Import by Broad Economic Categories (BEC) 2014 & 2015 (Jan-Feb)
0 4 8 12
Singapore
Japan
PRC
USA
Thailand
16.5
14.5
12.2
10.8
6.9
11.2
8.4
19.7
7.7
6.0
RM billion
ImportsExports
Jan - Feb 2015Jan - Feb 2014
62.4
15.1 8.3
14.0
3.5
61.8
14.4 7.8
17.0
5.1
-
10
20
30
40
50
60
70
Intermediate Goods
Capital Goods Consumption Goods
Re-exports Others
RM billion
MITI Weekly Bulletin / www.miti.gov.my
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MANUFACTUREDGOODS MINING GOODS AGRICULTURE
GOODS OTHERS
2014 (Jan-Feb) 92.7 18.0 11.3 0.92015 (Jan-Feb) 90.1 16.7 9.1 0.8Growth (%) -2.8 -7.3 -18.9 -5.2
0
10
20
30
40
50
RM
bill
ion
Malaysia’s Exports by Sector 2014 & 2015 (Jan - Feb)
MANUFACTUREDGOODS
AGRICULTUREGOODS MINING GOODS OTHERS
2014 (Jan-Feb) 89.9 5.8 8.1 2.22015 (Jan-Feb) 90.2 6.4 4.8 1.9Growth (%) 0.3 9.9 -41.4 -11.2
0
10
20
30
40
50
RM b
illio
n
Malaysia’s Imports by Sector 2014 & 2015 (Jan - Feb)
Source : Department of Statistics, MalaysiaNote: Change % (Y-o-Y)
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
Source:StarBiz, 3 April 2015 MITI Weekly Bulletin / www.miti.gov.my
Industry Excellence Awards 2014Prime Minister’s Award
Manufacturing Sector Award (Categor y 1)
Manufacturing Sector Award (Categor y 2) Manufacturing Sector Award
(Categor y 3)
Sunway Integrated Proper ties Sdn. Bhd. Ms Sarena Cheah
Managing Director
PHN Industr y Sdn. Bhd. Mr Ainol A zmil Abu Bakar
Chief Operating OfficerMega For tris (Malaysia) Sdn. Bhd.
YBhg. Datuk Dr Ng Meng KeeChairman/Managing Director
Benitham Sdn. Bhd. Mr Ben TeoChairman
Manufacturing Sector Award (Categor y 1)
Rober t Bosch (M) Sdn. Bhd. Lothar Mergili
Technical Managing DirectorRober t Bosch (M) Sdn. Bhd.
Harald DirschCommercial Managing Director
Manufacturing Sector Award (Open Categor y)
Presiden/Vice ChancellorOpen Universit y Malaysia (OUM)
Professor Emeritus Tan Sri Anuwar Ali
Ser vices Sector Award (Categor y 2)
KPJ Ipoh Specialist Hospital Tuan Haji Asmadi Mohd Bakri
Chief Executive Director
Ser vices Sector Award (Categor y 3)
Sunway Construction Sdn. Bhd. Mr Kwan Foh Kwai
Senior Managing Director
Ser vices Sector Award (Categor y 4)
Ser vices Sector Award (Open Categor y)
Prestariang Berhad Dr Abu Hasan ismail
Chairman
Sunway Integrated Proper ties Sdn. Bhd. Ms Sarena Cheah
Managing Director
Most Promising Award
Pet zl Manufacturing Sdn. Bhd. Mr Gilles Waeldin
Chief Executive Director
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
and You’ ’
ASEAN Life Expectancy at Birth by Gender2020
Note: Life expectancy at birth indicates the number of years a newborn infant would live if prevailing patterns of mortality at the time of its birth were to stay the same throughout its life.
MITI’s ASEAN Portal can be accessed via http://www.miti.gov.my/
Brunei78.7882.05
Thailand 73.01
79.40
Lao PDR70.5273.64
Myanmar64.5068.84
Viet Nam 73.18
81.42
Indonesia 70.55
74.89
Malaysia74.39 78.98
Combodia72.1377.60
Singapore81.4386.38
Philippines66.6973.79
Source : World Population Prospects: The 2012 Revision (Updated: 13 June 2013)
1.6
1.1
1.5
2.0
2.1
2.1 2.0
1.71.7
1.7
1.3
0.8
-0.1 0.0
-0.5
0.0
0.5
1.0
1.5
2.0
2.5
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
Inflation Rate
International Repor tUSA Economic Indicators
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
6.66.7
6.7
6.3
6.3
6.1
6.2
6.1 5.9
5.85.8
5.6
5.7
5.5
5.0
5.5
6.0
6.5
7.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
Unemployment Rate
194.2195.2
196.2197.5
197.2
197.2
197.4
197.4196.8
194.8192.8
189.5
184.9184.9
180
185
190
195
200
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
Producer Price Index
2.7
1.8
4.5
3.5
-2.1
4.6
5.0
2.2
-3.0
-2.0
-1.0
0.0
1.0
2.0
3.0
4.0
5.0
6.0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
2013 2014
GDP Quaterly Growth
%
Index
Source: U.S. Bureau of Economic Analysis (BEA), U.S. Bureau of Labor Statistics
Index
233.9234.8
236.3237.1
237.9238.3
238.3
237.9
238.0
237.4
236.2
234.8233.7
234.7
220
230
240
250
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
Consumer Price Index
MITI Weekly Bulletin / www.miti.gov.my
“DR
IVIN
G T
ransformation, P
OW
ERIN
G
THE MIDAS LIST TECH’S BEST INVESTORS 2015Rank Name Firm Notable
DealJim Goetz Sequoia
Capital WhatsApp
Peter Fenton Benchmark Twitter
Chris Sacca Lowercase Capital Twitter
Josh Kopelman First Round Capital
Steve Anderson Baseline Ventures Instagram
Douglas Leone Sequoia Capital FireEye
Paul MaderaMeritech Capital
PartnersFacebook
Neil ShenSequoia Capital China
Alibaba
Bill Gurley Benchmark Uber Technologies
#1
#2
#3
#4
#5
#6
#7
#8
#9
#10 Jenny Lee GGV Capital Xiaomi
Source:http://www.forbes.com/midas/list/
8.60
9.10
9.60
10.10
10.60
11.10
11.60
2.903.003.103.203.303.403.503.603.703.80
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2014 2015
1 USD = RM 100 THB = RM
100 THB = RM 11.28
1 USD = RM 3.68
Source : http://www.gold.org/investments/statistics/gold_price_chart/
Source : http://www.hardassetsalliance.com/charts/silver-price/usd/oz
Malaysian Ringgit Exchange Rate with US Dollar and Thai Baht
Gold Prices, 2 January - 3 April 2015
Silver Prices, 2 January - 3 April 2015
Source : Bank Negara, Malaysia
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
37.7
38.5
36.0
37.0
38.0
39.0
40.0
41.0
42.0
43.0
2 Ja
n
9 Ja
n
16 Ja
n
23 Ja
n
30 Ja
n
6 Fe
b
13 F
eb
20 F
eb
27 F
eb
6 M
ar
13 M
ar
20 M
ar
27 M
ar
3 Ap
r
US$/Gram Gold
15.8
17.1
14.5
15.0
15.5
16.0
16.5
17.0
17.5
18.0
18.5
2 Ja
n
9 Ja
n
16 Ja
n
23 Ja
n
30 Ja
n
6 Fe
b
13 F
eb
20 F
eb
27 F
eb
6 M
ar
13 M
ar
20 M
ar
27 M
ar
3 Ap
r
US$/Oz Silver
Source: Ministry of International Trade and Industry, Malaysia
Notes: The preference giving countries under the GSP scheme are Japan, Switzerland, the Russian Federation, Norway and Cambodia.
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)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)
8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 MarAANZFTA 87 92 74 89 73 84 319 88AIFTA 120 240 122 126 136 92 175 110AJCEP 104 116 72 55 78 74 101 57
0
50
100
150
200
250
300
350
RM
mill
ion
8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 MarATIGA 631 11,127 9,861 4,055 596 950 3,154 703ACFTA 505 533 165 865 780 916 539 841AKFTA 1,064 487 592 1,795 117 127 695 173
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
RM
mill
ion
8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 MarMICECA 58.35 47.23 40.80 132.78 49.74 44.86 48.01 50.53MNZFTA 0.25 0.08 0.02 0.13 0.01 0.06 0.08 0.35MCFTA 7.43 8.30 5.61 9.29 6.00 11.37 23.46 46.12MAFTA 27.65 51.15 25.27 36.27 23.40 42.25 36.51 34.36
0
20
40
60
80
100
120
140
RM
mill
ion
8 Feb 2015 15 Feb 2015 22 Feb 2015 1 Mar 2015 8 Mar 2015 15 Mar 2015 22 Mar 2015 29 Mar 2015
AANZFTA 663 1,001 467 835 658 805 776 910AIFTA 559 521 485 467 561 478 651 529AJCEP 241 254 116 172 154 241 250 177ATIGA 4,081 4,287 2,648 3,695 4,107 4,433 4,562 4,322ACFTA 793 920 790 1,659 1,454 1,354 1,566 1,569AKFTA 665 823 610 643 765 844 889 782MICECA 307 344 236 278 297 360 355 289MNZFTA 7 6 2 5 1 7 4 14MCFTA 56 53 27 56 42 75 57 52MAFTA 341 481 206 360 259 481 409 336MJEPA 817 847 608 775 823 812 775 838MPCEPA 153 130 139 150 173 172 118 165GSP 104 152 73 170 104 114 139 112
8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 MarMJEPA 123 133 116 145 131 670 167 129MPCEPA 41 17 72 19 52 113 38 16GSP 414 43 14 22 75 18 26 15
0
100
200
300
400
500
600
700
800
RM
mill
ion
Value of Preferential Certificates of Origin
Number and Value of Preferential Certificates of Origin (PCOs)Number of Certificates
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
CommodityCrude
Petroleum (per bbl)
Crude Palm Oil (per MT)
Raw Sugar
(per MT)
Rubber SMR 20(per MT)
Cocoa SMC 2
(per MT)
Coal(per MT)
Scrap Iron HMS
(per MT)3 Apr 2015
(US$) 49.1 658.5 275.5 1,403.0 2,017.1 58.2 270 (high)250 (low)
% change* 0.6 1.2 1.1 0.7 1.3 0.5 unchangedunchanged
2014i 54.6 - 107.6 823.3 352.3 1,718.3 2,615.8 59.8 370.0
2013i 88.1 - 108.6 805.5 361.6 2,390.8 1,933.1 .. 485.6
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
Commodity Prices
Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated n.a Not availble
Source : Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group.
Highest and Lowest Prices, 2014/2015
Lowest (US$ per bbl)
Highest(US$ per bbl)
Crude Petroleum (3 April 2015)
US$49.1 per bbl
201413 June 2014: 107.6
201426 Dec 2014: 54.6
20152 Jan 2015: 53.8
201513 Mar 2015: 44.8
Lowest (US$ per MT)
Highest(US$ per MT)
Crude Palm Oil (3 April 2015)
US$658.5 per MT
201414 Mar 2014: 982.5
201426 Dec 2014: 664.0
201516 Jan 2015: 701.0
20156 Feb 2015: 621.0
Steel Bars(per MT)
RM1,850 - RM1,950
Average Domestic Prices, 27 Mar 2015
Billets(per MT)
RM1,450 - RM1,500
Source : Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.
Commodity Price Trends“D
RIV
ING
Transform
ation, PO
WER
ING
Grow
th”
MITI Weekly Bulletin / www.miti.gov.my
701.0
682.0
645.0
621.0
685.0
690.0 689.0692.5
673.5
648.0
650.5
658.5
600
620
640
660
680
700
720
16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr
US$
/mt
Crude Palm Oil
2,187.8
2,065.2
1,958.9
2,003.9
2,060.0
2,113.72,124.6
2,110.4
2,107.8
1,974.8
2,042.9
2,017.1
1,900
1,950
2,000
2,050
2,100
2,150
2,200
2,250
16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr
US$
/mt
Cocoa
335.3
345.5
331.3
324.3
330.0326.8
310.8
300.5
291.0
283.8
272.5275.5
260
270
280
290
300
310
320
330
340
350
360
16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr
US$
/mt
Raw Sugar
1,396.5
1,406.0
1,384.5
1,418.5
1,426.5
1,419.5
1,438.0
1,412.0
1,412.5
1,405.5
1,413.5
1,403.0
1,350
1,360
1,370
1,380
1,390
1,400
1,410
1,420
1,430
1,440
1,450
16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr
US$
/mt
Rubber SMR 20
5,740
5,779 5,843
6,245
6,469
6,515
6,864
7,822
7,707
7,967
7,894 7,806
7,507
7,286
7,267 7,342
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
2014 2015
USD
/ to
nne
Black Pepper
* until 3 April 2015
48.7
45.6
48.2
51.7
52.8
50.8
49.849.6
44.8
46.6
48.9
49.1
40
42
44
46
48
50
52
54
16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr
US$
/bbl
Crude Petroleum
Source : 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“D
RIV
ING
Transform
ation, PO
WER
ING
Grow
th”
MITI Weekly Bulletin / www.miti.gov.my
1,727
1,695 1,705
1,811
1,751
1,839
1,948
2,030
1,990
1,946
2,056
1,909
1,815
1,818
1,774
1,500
1,600
1,700
1,800
1,900
2,000
2,100
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2014 2015
US$
/ to
nne
Aluminium
14,101 14,204
15,678
17,374
19,401
18,629
19,118
18,600 18,035
15,812 15,807
15,962
14,849 14,574
13,756
12,000
13,000
14,000
15,000
16,000
17,000
18,000
19,000
20,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2014 2015
US$
/ to
nne
Nickel
320.0 320.0 320.0 320.0 320.0
330.0
320.0
280.0 280.0
260.0
270.0 270.0
300.0 300.0 300.0 300.0 300.0
320.0
300.0
250.0250.0
240.0
250.0 250.0
220
240
260
280
300
320
340
360
28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 6 Feb 13 Feb 27 Feb 13 Mar 27 Mar
US$
/mt
Scrap Iron
Scrap Iron/MT (High)
Scrap Iron/MT(Low)
7,291
7,149
6,650 6,674
6,891
6,821
7,113
7,002
6,872
6,737
6,713
6,446
5,831
5,729
5,940
5,500
5,700
5,900
6,100
6,300
6,500
6,700
6,900
7,100
7,300
7,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2014 2015
US$
/ to
nne
Copper
51.6
51.1
49.951.1
56.1
56.9 56.8 57.7
58.4 58.6 58.558.2
48.0
50.0
52.0
54.0
56.0
58.0
60.0
16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr
US$
/mt
Coal
128.1
121.4
111.8
114.6
100.6
92.7
96.192.6
82.4
81.0
74.0
68.0
68.0
63.0
58.0
50.0
60.0
70.0
80.0
90.0
100.0
110.0
120.0
130.0
140.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2014 2015
US$
/dm
tu
Iron Ore
HOVID Berhad’s journey to glory began a long time ago when a special concoction of Ho Yan Hor Herbal Tea was blended with cooling and healing properties came to life, post-World War II. The sole purpose of this tea was to serve Malaysians, particularly in the days that followed the worldwide flu epidemic in the early 1950s. Ho Yan Hor Herbal Tea soon became one of the most sought after products in the country. It was not until the early 1980s that the company migrated its core business offerings into the competitive world of pharmaceuticals. With sound and in-depth knowledge of research and pharmaceutical science, the company was completely rebranded and repositioned to offer pharmaceutical solutions spanning various disciplines. It was a decision that proved to be more than just right. The company grew by leaps and bounds, and is no stranger to the international pharmaceutical industry. Today, Hovid Berhad is listed on the Main Board of Kuala Lumpur Stock Exchange, and is a seasoned player among healthcare providers in over 50 countries worldwide. With the various divisions of Hovid established through many years of hard work, research and quality experience, Hovid continues to deliver all that it promises clients both locally and worldwide – speed, quality service, excellence and continuous innovation.
THE EARLY BEGINNINGS OF HOVID BERHAD
Starting from herbal tea business, Hovid had to be re-built from scratch when changing winds initiated a new direction in the company’s core business offering. In the early 1980s, the company was initiated with a small team of employees, taking into consideration all the key elements required to run a pharmaceutical business, ie. research and development, laboratories, marketing and business development and other divisions. Using limited resources of capital and exclusive recruitment, Hovid steadily grew with a few product offerings in the state. After almost five years of struggling, Hovid finally started to make its mark in the country with a humble 15 – 20 products being distributed nationwide. Today, Hovid has over 350 products marketed worldwide and sold throughout ASEAN countries and Africa, with staff strength of close to 1,000 committed individuals. Combining knowledge in pharmacy and entrepreneurship, Hovid was a dream built on the foundations of perseverance, patience and extensive learning throughout the years the company has been in existence. As Hovid’s direction to dive headfirst into the pharmaceutical industry in the early 1980s took flight, it seemed to be a daunting task. Malaysia was still considered a developing country then. Even sourcing basic laboratory equipment was a huge challenge to overcome in these initial stages of the company’s growth. Through commitment to a shared vision, the company took all challenges as opportunities to grow further, and tirelessly found innovative ways to capture the new market effectively. Besides diversifying the business, Hovid also retained the herbal tea business in place, catering to their loyal long standing customers.
KEEPING ABREAST OF INTERNATIONAL COMPETITION
In Malaysia, almost all of the pharmaceutical industry is dominated by imported products. However, this did not serve as a deterrent to Hovid to strive in placing its name at the top of the list. Massive investments were made to ensure Hovid stayed well ahead of competition. To date, there are close to 20-30 local factories that produce their own pharmaceutical products. In the early stages, Hovid participated in many trade missions and trade fairs arranged by the Malaysian Investment Development Authority (MIDA). The early 2000s saw a boost in business, as Hovid began to participate in MATRADE’s various trade missions and key
HOVID BERHADSuccess Story
Address : Hovid Berhad121, Jalan Tunku Abdul Rahman, 30010 Ipoh, Perak, MalaysiaTel:+605.506.0690 ; Fax :+605.506.1215Email :[email protected] :1800.88.2228 (Mon-Fri) 8am-6pm (Malaysia Only)
exhibitions around the globe, specifically focused in promoting the pharmaceutical industry. Hovid’s largest export component lies in Africa, where it has a firm foothold in the antibiotics, diabetic and analgesic market. Besides Africa, Hovid also exports to more
Contact Us
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
This Penang-based company is a total manufacturing solution provider for a wide range of industries such as semiconductor, E&E and medical devices industries.
Since its incorporation, ACM has developed manufacturing partnerships with several leading Original Equipment Manufacturers (OEMs) in the areas of computer peripherals (data storage, network printers), printing, imaging display, health imaging, medical device, telecommunication, electric vehicle, industrial equipment and oil & gas products for OEM.
In the year 2014, the company embarked on a modernisation programme to upgrade its facilities and training to produce front-end assembly, backend semiconductor processing and electronics assembly equipment and related components.
The majority (80%) of the company’s products are exported to countries such as the USA, EU, ASEAN , China, Taiwan, Japan and South Korea
Alliance Contract Manufacturing Sdn Bhd
Malaysia Investment Performance
MITI Weekly Bulletin / www.miti.gov.my
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Programme Launching of World Halal Summit, 1 April 2015
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
Majlis Anugerah Kecemerlangan Industri (AKI) 2014
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
Announcement
1 May-31 October 2015
MDM. HISWANI HARUNCongratulations on your appointment as
Deputy Secretary General (Trade), Ministry of International Trade and Industry, Malaysia
31 March 2015 “DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
Save the Date...
MIDF INVESTMENT FORUM 2015MIDF Amanah Investment Bank Berhad (“MIDF Investment”), the investment banking arm of Malaysia Industrial Development Finance Berhad (“MIDF”) recently organized an Investment Forum in Jakarta on 28 March 2016.About 100 guests, comprising primarily the corporate and institutional clients of MIDF Investment, participated in the Forum. MITI Jakarta also facilitated in bringing together Malaysian businesses based in Jakarta to the Forum.
The theme of the Forum was “The Transformation of Indonesia”. The keynote address was delivered by Mr. Bobby Hamzar Rafinus, the Deputy Minister at the Coordinating Ministry for the Economy. Other speakers include Mr. Anton Gunawan, a prominent economist, Dr. Atsi Sheth, Senior Vice President of Moody’s Investors’ Service, Mr. Hasnul Suhaimi, President Director of PT XL Axiata and Ms. Hanim Hamzah, Partner / Senior Foreign Counsel, Roosdiono & Partners. Ms. Shinta W. Dhanuwardoyo, the founder of Bubu.com and Managing Partner, Nusantara Ventures (Jakarta) also gave a memorable luncheon address on the new digital economy of Indonesia.
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
http://www.miti.gov.my/cms_matrix/form.jsp?formId=c1148fbf-c0a81573-3a2f3a2f-1380042c
Comments & SuggestionsDear Readers,Kindly click the link below for any comments in this issue. MWB reserves the right to edit and to republish letters as reprints.
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
Name : Azizuddin HazmiDesignation : Operational AssistantJob Description : Responsible in assisting
general office work suchas mailing, photocopyingand binding
Division : Unit LogisticContact No : 03 - 62000239Emel : [email protected]
Name : Muhammad Firdhaus JailaniDesignation : Operational AssistantJob Description : Responsible in assisting
general office work suchas mailing, photocopyingand binding
Division : Human Resources ManagementContact No : 03– 62034103Emel : [email protected]
“Quote of the day”“Man alone measures time. Man alone chimes the hour. And, because of this,
man alone suffers a paralysing fear that no other creature endures. A fear of time running out.”
Excerpt from the book “The Time Keeper” by Mitch Albom.