mwb vol 331

Prime Minister Datuk Seri Najib Tun Razak went on a tour of the booths at the Mahsuri International Exhibition Centre (MIEC) after opening the Langkawi International Maritime and Aerospace (LIMA’15) Exhibition here Tuesday.

He was accompanied by Defence Minister Datuk Seri Hishammuddin Tun Hussein; Transport Minister Datuk Seri Liow Tiong Lai and International Trade and Industry Minister Datuk Seri Mustapa Mohamed, among others.

Source : MITI, 18 March 2015

Najib also inked a plaque, symbolising the launch of the Malaysian Aerospace Industry Blueprint (2015-2030).

The blueprint is focused on developing the aerospace industry in Malaysia and aspires to become the leading aerospace nation within the Southeast Asian region by 2030.

Malaysia’s aerospace industry is also projected to contribute revenue of RM32.5 billion by 2030.

LIMA’15, which kicked off today and will be on until Saturday, features 512 exhibitors from 36 countries, an increase of 18 per cent in company participation from the previous edition.

Among the exhibitors are Airbus Defence and Space, The Boeing Company, Rafale International and agencies such as the Malaysian Industry-Government Group for High Technology (MiGHT) and agencies under the Ministry of Transport as well as the Ministry of International Trade and Industry.

Najib Visits LIMA ‘15 Booths

MITI Weekly Bulletin / www.miti.gov.my

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MALAYSIA

9095

100105110115120125130135140

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

2014 2015

Food and Non-Alcoholic Beverages

Alcoholic Beverages and Tobacco

Housing, Water, Electricity, Gasand Other Fuels

Communication

Restaurants and Hotels

Transport

109.8

109.9

109.9

110.0

110.2

110.3

110.5

110.7111.3

111.9

111.8110.6

109.9

108.5

109.0

109.5

110.0

110.5

111.0

111.5

112.0

112.5


2014 2015

114.8 117.6

114.6

118.6

107.8 108.2

105

107

109

111

113

115

117

119

121


2014 2015

Food at Home

Food away from home

Coffee, Tea, Cocoa andNon-Alcoholic Beverages

Consumer Price Index (2010 =100), Feb 2014 - Feb 2015

Source : Department of Statistics, Malaysia



CPI for Food and Non-Alcoholic Beverages, Feb 2014 - Feb 2015

CPI for Selected Sub-groups, Feb 2014 - Feb 2015


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Rice, Bread and Other Cereals

Meat

Fish & Seafood

Milk & Eggs

Oils & Fats

95

100

105

110

115

120

125

130

135


2014 2015

105.2

116.5

124.4

115.8

101.1

115.7

111.1

128.8

113.2

106.2

115.6

129.1

123.5

101.3

119.3

114.9

129.8

115.9

100

105

110

115

120

125

130

135

Rice, Bread andOther Cereals

Meat Fish & Seafood Milk & Eggs Oils & Fats Fruits Vegetables Sugar, jam,honey, chocolate& confectionery

Other FoodProducts

Feb-14Feb-15

Fruits

Vegetables

Sugar, jam, honey,

chocolate & confectionery

Other Food Products

105

110

115

120

125

130

135


2014 2015

109.9

109.2

110.4

108.0

110.4

109.3

109.8 109.8

111.1

109.6

110.8

108.5

108.0

108.4

107.0

107.5

108.0

108.5

109.0

109.5

110.0

110.5

111.0

111.5

112.0

Malaysia Kedah &Perlis

Penang Perak Selangor &Putrajaya

KualaLumpur

Melaka N.Sembilan Johor Pahang Kelantan Terengganu Sabah &Labuan

Sarawak



CPI for Sub-group “Food and Non-Alcoholic Beverages” (Food at Home), Feb 2014 - Feb 2015

CPI by State, Feb 2015


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DiD You Know?Tourist Arrival in Malaysia, 2009 - 2014

Top Five Tourist Arrival by Destination, 2013-2014

24.624.7

25.0

25.7

27.4

23.0

23.5

24.0

24.5

25.0

25.5

26.0

26.5

27.0

27.5

28.0

2010 2011 2012 2013 2014

Mill

ions

13.93

2.83

1.211.61

1.300.77 0.62 0.57 0.55 0.45

13.2

2.5

1.21.8

1.20.7 0.6 0.5 0.5 0.4

0

2

4

6

8

10

12

14

16

Singapore Indonesia Brunei China Thailand India Philippines Australia Japan UK

Mill

ions

2014 2013

Source : Tourism Malaysia

Source : Tourism Malaysia


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Malaysian Companies

in ASEAN

International Repor t“D

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5.7

12.6

4.9

28.0

0

5

10

15

20

25

30

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

RM b

illion

Exports Imports

5.2

3.2

0.8 0.6 0.4

0.0

1.0

2.0

3.0

4.0

5.0

6.0

Mexico Brazil Argentina Chile Colombia

RM b

illio

n

Exports

11.1

5.9

4.22.8

1.4

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

Costa Rica Brazil Argentina Venezuela Mexico

RM b

illio

n

Imports

Malaysia’s Trade with South America, 2004 - 2014

Top Five Trading Partners in South America, 2004 - 2014



2.60

2.70

2.80

2.90

3.00

3.10

3.20

3.30

0.2900.2950.3000.3050.3100.3150.3200.3250.3300.335

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

2014 2015

100 KRW = RM 100 JPY = RM

100 JPY = RM 3.03

100 KRW = RM 0.327

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 South Korean Won and Japanese Yen

Gold Prices, 2 January - 20 March 2015

Silver Prices, 2 January - 20 March 2015

Source : Bank Negara, Malaysia

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MITI Weekly Bulletin / www.miti.gov.my 12

37.7 38.0

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

US$/Gram Gold

15.8

16.8

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

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)

25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 MarAANZFTA 86 90 87 92 74 89 73 84AIFTA 139 143 120 240 122 126 136 92AJCEP 75 75 104 116 72 55 78 74

0

50

100

150

200

250

300

RM

mill

ion

25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 MarATIGA 546 773 631 11,127 9,861 4,055 596 950ACFTA 464 562 505 533 165 865 780 916AKFTA 184 327 1,064 487 592 1,795 117 127

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

RM

mill

ion

25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 MarMICECA 65.37 43.02 58.35 47.23 40.80 132.78 49.74 44.86MNZFTA 0.08 0.52 0.25 0.08 0.02 0.13 0.01 0.06MCFTA 9.42 14.72 7.43 8.30 5.61 9.29 6.00 11.37MAFTA 42.20 40.95 27.65 51.15 25.27 36.27 23.40 42.25

0

20

40

60

80

100

120

140

RM

mill

ion

25 Jan 2015 1 Feb 2015 8 Feb 2015 15 Feb 2015 22 Feb 2015 1 Mar 2015 8 Mar 2015 15 Mar 2015

AANZFTA 963 883 663 1,001 467 835 658 805AIFTA 531 558 559 521 485 467 561 478AJCEP 170 243 241 254 116 172 154 241ATIGA 3,775 4,693 4,081 4,287 2,648 3,695 4,107 4,433ACFTA 1,150 1,232 793 920 790 1,659 1,454 1,354AKFTA 767 760 665 823 610 643 765 844MICECA 302 311 307 344 236 278 297 360MNZFTA 6 13 7 6 2 5 1 7MCFTA 39 62 56 53 27 56 42 75MAFTA 417 450 341 481 206 360 259 481MJEPA 874 972 817 847 608 775 823 812MPCEPA 160 158 153 130 139 150 173 172GSP 163 196 104 152 73 170 104 114

25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 MarMJEPA 355 157 123 133 116 145 131 670MPCEPA 20 18 41 17 72 19 52 113GSP 28 24 414 43 14 22 75 18

100

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

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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)20 Mar 2015

(US$) 46.6 648.0 283.8 1,405.5 1,974.8 58.6 270 (high)250 (low)

% change* 3.9 3.8 2.5 0.5 6.3 0.3 3.84.2

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

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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 (20 March 2015)US$46.6 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 (20 March 2015)US$648.0 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, 13 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

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699.2

696.1

701.0

682.0

645.0

621.0

685.0690.0

689.0

692.5

673.5

648.0

600

620

640

660

680

700

720

2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar

US$

/mt

Crude Palm Oil

2,280.4

2,117.5

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

1,900

1,950

2,000

2,050

2,100

2,150

2,200

2,250

2,300


US$

/mt

Cocoa

309.3

301.8

335.3

345.5

331.3

324.3

330.0

326.8

310.8

300.5

291.0

283.8

270

280

290

300

310

320

330

340

350

360


US$

/mt

Raw Sugar

1,520.5

1,453.0

1,396.5

1,406.0

1,384.5

1,418.51,426.5

1,419.5

1,438.0

1,412.0

1,412.51,405.5

1,350

1,370

1,390

1,410

1,430

1,450

1,470

1,490

1,510

1,530


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

7,243

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

2014 2015

USD

/ to

nne

Black Pepper

* until 20 March 2015

53.8

48.4

48.7

45.6

48.2

51.7

52.8

50.8

49.849.6

44.8

46.6

40

42

44

46

48

50

52

54

56


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

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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

1,500

1,600

1,700

1,800

1,900

2,000

2,100


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

12,000

13,000

14,000

15,000

16,000

17,000

18,000

19,000

20,000


2014 2015

US$

/ to

nne

Nickel

320.0 320.0 320.0 320.0 320.0 320.0

330.0

320.0

280.0 280.0

260.0

270.0

300.0 300.0 300.0 300.0 300.0 300.0

320.0

300.0

250.0 250.0

240.0

250.0

220

240

260

280

300

320

340

360

21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 6 Feb 13 Feb 27 Feb 13 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

5,500

5,700

5,900

6,100

6,300

6,500

6,700

6,900

7,100

7,300

7,500


2014 2015

US$

/ to

nne

Copper

51.8

53.5

51.651.1

49.9

51.1

56.1

56.9

56.8

57.7

58.4 58.6

48.0

50.0

52.0

54.0

56.0

58.0

60.0


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

50.0

60.0

70.0

80.0

90.0

100.0

110.0

120.0

130.0

140.0


2014 2015

US$

/dm

tu

Iron Ore

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of the business. Looking back, they have definitelybeen trendsetters in the region. As such, DR Groupcaused a lot of ripples in the market, particularlywith regards to its innovative marketing campaign.DR Group’s hard work and meticulous effortsdid not go unnoticed as the firm has won a rangeof awards over the years. Their exclusive brand,Fidani, has won Most Innovative Chocolate by theMalaysian Cocoa Board, the Best Manufacturer(2004) – Malaysian Cocoa Board and Most Ingenious Packaging by the International Halal Showcase (MIHAS) for three years (2007, 2008 and 2010). Other prestigious awards include the 2011Duty Free News International Award for Best NewConfectionery and Fine Food Store, 2009 Duty FreeNews International award for Best Marketing Campaign (Confectionery and Fine Food) throughout the World, 2007 Malaysia Tourism Award for Best Speciality Shop and many others.

PROGRESSING FURTHERLeveraging on MATRADE trade missions and exhibitions has been key in ensuring a steady stream of overseas business for the company. Dato’ Dahlan Rashid, Group Managing Director and Founder of DR Group speaks highly of the assistance rendered by SME Corp and other government agencies for equipment and machinery when the business was in its infant stages. Dahlan views MATRADE as an agency that is necessary and crucial for entrepreneurs in the country seeking to penetrate the global market, without the hassle of verification they would need if they proceeded independently. Right business matching is important for the success of a company dealing with international buyers and suppliers alike.

SUCCESS STORYDR GROUP HOLDINGS SDN BHD

As Forrest Gump says: “Life is like a box of chocolates. You never know what you’re gonna get”. And to ensure that every piece of chocolate taken out from a box isdelightful, tasty and leaves customers asking for more – DR Group was formed out of a love for chocolate almost 20 years ago, when an opportunity was seizedto fill a vacuum in the chocolate industry in Malaysia.Since its first business in the Malaysian Duty Free Airports, the Group has since diversified its core business offerings to include trading, distribution, manufacturing, property development and investment. With a staff strength of 140-strong, DR Group now has four homegrown mouth-watering chocolate brands that are manufactured by its subsidiary company, Quantum Supplies, which also actively involves in original equipment manufacturing (OEM).MOULDING A CHOCOLATE DREAM Quantum Supplies, DR Group’s subsidiary company has two chocolate factories that currently manufacture its own range of unique chocolates under four original and exclusive brand names of Danson, Farell, Fidani and Milton. In the early 1980s, many well-known reputable brands were not available in Malaysia. Most chocolate brands had to be imported from Singapore. Identifying an opportunity, the company became a trader in importing and distributing chocolates in the country. The company initially began with being distributors for Tobler of Switzerland. Slowly, other brands followed suit. The company works in a very niche market of the industry, where the sole focus lies in export, tourism and airport operations. Currently, DR Group is present in all major airports within Malaysia such as Penang Langkawi (Kedah), Kota Kinabalu (Sabah), Labuanand Kuching (Sarawak). Moving forward from the 80s, DR Group acquired a factory in Batu Tiga, Selangor where it formed a platform for their original equipment manufacturing (OEM) activities. Prior to this, DR Group actively worked with repackaging a variety of products, chocolates included. True to their nature of ensuring clients with quality and a service of excellence, the company managed to close a deal with Van Houten,an exclusive cocoa manufacturer in Amsterdam. Thisformed a solid base for the company to learn andexperience first-hand, all that was needed to run asuccessful chocolate making factory. Quality assurance and consistency, tied with a certain discipline were key factors that allowed many global brands to work with DR Group. Some well-known names the company manufactures for – include Morinaga (Japan) and Nestle. To support their growing business and chocolate demands, DR Group invests a significant sum in research and development to ensure all their processes and technologies are up to par with industry expectations. The company also invested in automated machinery to ensure unparalleled consistency and quality of their chocolates. Shifting from semi-automated to fully-automated machinery required a significant amount of capital, all of which was in place to ensure less room for mistakes. The firm is proud to have pioneered the conceptof chocolate boutiques in the country, being thefirst to be brave enough to venture into this area

Address:No. 2, Jalan Teknologi 3/5Taman Sains Selangor 1Kota Damansara 47810Petaling JayaSelangor Darul EhsanMalaysia.

Telephone No.:+603-7491 4460Fax No.:+603-6140 6314Website: www.drgroup.com.myEmail: [email protected]

Contacts Information

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Source : MIDA

PETRONAS’ Pengerang Integrated Complex (PIC) development comprises of the Refinery and Petrochemical Integrated Development (RAPID) complex and its associated facilities including the Pengerang Co-generation Plant (PCP), RegasificationTerminal 2 (RGT2), Air Separation Unit (ASU), Raw Water Supply Project (PAMER), Liquid Bulk Terminal (SPV2) as well as Centralized and Shared Utilities and Facilities. In 2014, MIDA approved RM 14.8 billion worth of petrochemical plants’ manufacturing licenses in relation to the project.

Developed within a 6,242-acre site in Pengerang,Johor, PIC forms part of the Johor State’s Pengerang Integrated Petroleum Complex (PIPC), which is under Malaysia’s Economic Transformation Programme (ETP) to establish new engines of growth for Malaysia; whilst meeting future energy requirement and strengthening PETRONAS’

position as a key player in the Asian chemicalsmarket, focusing on differentiated and specialtychemicals.

RAPID is estimated to cost US$16 billion while theassociated facilities will involve an investment ofabout US$11 billion. PIC is poised for its refinerystart-up by early 2019.

PETRONAS remains fully committed to projectsin Pengerang that have received their FinalInvestment Decision (FID). PETRONAS Boardapproved the Pengerang Integrated Complex(PIC)’s FID on 3rd April 2014, and the project iscurrently progressing as scheduled.

* 2019 Forecast

** Projected emPloyment oPPortunities during Pic oPerations

(2019)

Photo for illustration purposes only.

PENGERANG INTEGRATED COMPLEX

Malaysia Investment Performance 2014

Save the Date...“D

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1 May-31 October 2015 . Milano . Italy .

Lawat ke Kilang Primelux , Jitra Kedah18 Mac 2015

MITI Programme


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Dear Readers,Kindly click the link below for any comments in this issue. MWB reserves the right to edit and to republish letters as reprints. http://www.miti.gov.my/cms_matrix/form.jsp?formId=c1148fbf-c0a81573-3a2f3a2f-1380042c

Comments & Suggestions

Langkawi International Maritime and Aerospace Exhibition (LIMA 15), 17 - 21 March 2015

Name : Mohd Hafiz MihadDesignation : ClerkJob Description : Responsible for assisting

and handling ofadministrative tasks inthe division

Division : MITI Geneva,Embassy of MalaysiaGeneva, Switzerland

Contact No : (+41) 76-5791030Emel : [email protected]

Name : Carmencita AraosDesignation : ClerkJob Description : Responsible for assisting

and handling ofadministrative tasks inthe division

Division : MITI Geneva,Embassy of MalaysiaGeneva, Switzerland

Contact No : (+41) 79-5033183Emel : [email protected]


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mwb vol 331

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