MWB Vol 288

MALAYSIAInflation Rate, January-March 2014

OverallInflation

Rate

3.4% 4.3% Health

Restaurants & Hotels 2.2%

Education 2.4%

Housing, Water, Electricity, Gas & Other Fuels 3.5%

4.0% Food & Non-Alcoholic Beverages

5.3% Transport

Selected Groups

1.6

3.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

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

2013 2014

Inflation Rate (%)

Source : Department of Statistics, Malaysia

No. ISSN: 2180-0448

MITI Weekly Bulletin/ www.miti.gov.my

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Trade Ranking for Selected ASEAN Countries, 2003-2013

15 15 15 15 15 1514

13

14 14

14

23 2325 25

27

2624

22 2322

23

20 20

19 1922

27 26

24 25 2424

3334

3132 32

31 3130

27 28

28

4444

47

46 44

43

38 38

36

33

32

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Source : World Trade Organisation

Exporters Ranking for Selected ASEAN Countries

2012 and 20132013: 142012: 14

2013: 242012: 23

2013: 252012: 24

2013: 342012: 37

2013: 272012: 26

2013: 152012: 15

2013: 202012: 20

2013: 242012: 26

2013: 322012: 33

2013: 272012: 27

Importers Ranking for Selected ASEAN Countries, 2012 and 2013

Singapore

Viet Nam

Indonesia

Thailand

Malaysia

MITI Weekly Bulletin/www.miti.gov.my

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SOUTH AFRICAGDP: USD 350.8 bil.

Ranking: 29

ANGOLAGDP: USD 121.7 bil.

Ranking: 55

NIGERIAGDP: USD 286.5 bil.

Ranking: 43

MOROCCOGDP: USD 105.1 bil.

Ranking: 93

ALGERIAGDP: USD 206.1 bil.

Ranking: 77

TUNISIAGDP: USD 47.4 bil.

Ranking: 95LIBYA

GDP: USD 67.6 bil.Ranking: 72

EGYPTGDP: USD 271.4 bil.

Ranking: 38

SUDANGDP: USD 70.1 bil.

Ranking: 85

ETHIOPIAGDP: USD 48.1 bil.

Ranking: 100

GDP and Trade Ranking with Malaysia for Top 10 Economies in Africa, 2013

Source : International Monetary FundNote: Ranking in terms of trade with Malaysia.


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Source: Ministry of International Trade and Industry, Malaysia

Number and Value of Preferential Certificates of Origin (PCO’s)Number of CertificatesValue of Preferential Certificates of Origin

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)

Value of Preferential Certificates of Origin

Number of Certificates

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)

Number of Certificates

Notes: The preference giving countries under the GSP scheme are members of the European Union, Norway, Switzerland, Belarus, the Russian Federation and Turkey.

MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008)



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

MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006)

AANZFTA AIFTA AJCEP ATIGA ACFTA AKFTA

02 Mar 2014 756 501 201 4,940 1,361 829

09 Mar 2014 937 511 243 4,274 1,435 732

16 Mar 2014 755 391 174 4,788 1,367 754

23 Mar 2014 865 486 264 4,468 1,436 898

30 Mar 2014 747 500 200 4,940 1,355 829

06 Apr 2014 801 532 287 3,963 1,438 716

13 Apr 2014 949 465 283 4,716 1,559 743

20 Apr 2014 845 528 139 4,159 1,279 872

MICECA MNZFTA MCFTA MAFTA

02 Mar 2014 234 0 47 39109 Mar 2014 248 5 66 41816 Mar 2014 282 13 56 41523 Mar 2014 245 2 75 31130 Mar 2014 234 0 47 39106 Apr 2014 230 6 45 37913 Apr 2014 232 5 54 33920 Apr 2014 250 16 50 358

MJEPA MPCEPA GSP

02 Mar 2014 924 216 86

09 Mar 2014 862 156 179

16 Mar 2014 804 99 12823 Mar 2014 787 109 253

30 Mar 2014 924 216 86

06 Apr 2014 888 115 178

13 Apr 2014 806 169 118

20 Apr 2014 730 127 244

2 Mar 9 Mar 16 Mar 23 Mar 30 Mar 6 Apr 13 Apr 20 AprAANZFTA 79 96 64 83 79 107 76 68AIFTA 104 120 81 103 104 348 113 536AJCEP 53 110 78 80 53 86 116 30

0

100

200

300

400

500

600R

M m

illio

n

2 Mar 9 Mar 16 Mar 23 Mar 30 Mar 6 Apr 13 Apr 20 AprATIGA 797 608 648 18,025 797 8,410 700 646ACFTA 564 589 545 336 545 636 390 350AKFTA 671 174 608 261 671 2,512 126 598

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

RM

mil

iio

n

2 Mar 9 Mar 16 Mar 23 Mar 30 Mar 6 Apr 13 Apr 20 AprMICECA 234 56.20 43.44 27.89 45.86 30.38 35.25 35.63MNZFTA 0 0.11 0.26 0.02 0.00 0.17 0.31 0.32MCFTA 47 10.74 6.70 9.78 7.31 7.23 7.77 6.41MAFTA 391 66.47 46.14 24.77 30.12 27.78 30.55 29.89

0.0

50.0

100.0

150.0

200.0

250.0

300.0

350.0

400.0

450.0

RM

mill

ion

2 Mar 9 Mar 16 Mar 23 Mar 30 Mar 6 Apr 13 Apr 20 AprMJEPA 924 135 141 120 194 162 122 131MPCEPA 216 40 23 22 89 13 52 22GSP 86 38 16 27 13 23 17 26

0

100

200

300

400

500

600

700

800

900

1,000

RM

mill

ion


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Gold and Silver Prices, 3 January - 25 April 2014

Malaysian Ringgit Exchange Rate with Australian Dollar (AUD) and Singapore Dollar (SGD), January 2013 - March 2014

Source : Bank Negara, Malaysia

3.19 1AUD = RM2.98

2.471 SGD = RM2.59

2.20

2.40

2.60

2.80

3.00

3.20

3.40

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

2013 2014

Dollar

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

Aluminium, Nickel and Copper Prices, January 2013 - March 2014

0

5000

10000

15000

20000

Jan 13 Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sep 13 Oct 13 Nov 13 Dec 13 Jan 14 Feb 14 Mar 14

Aluminum Copper Nickel

18

20

22

24

26

28

30

35

36

37

38

39

40

41

42

43

44

45

3 jan 10 jan 17 jan 24 jan 30 jan 7 feb 14 feb 21 feb 28 feb 7 Mac 14 Mac21 Mac28 Mac 4 Apr 11-Apr 18-Apr 25-Apr

USD/ozUSD/gramme gold/usd/gramme silver /usd/oz

Source : World bank

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Commodity 25 April 2014 (US$)

% Change* 2013i 2012i 2011i

Crude Petroleum (per bbl) 101.9 2.2 88.1-108.6 77.7-109.5 80.3-112.7

Crude Palm Oil (per MT) 915.8 1.7 805.5 1,000.4 1,124.0

Raw Sugar (per MT) 385.3 4.5 361.6 473.8 647.0

Rubber SMR 20 (per MT) 1,715.0 5.1 2,390.8 952.5 1,348.3

Cocoa SMC (per MT) 2,608.6 0.9 1,933.1 2,128.9 2,644.8

Scrap Iron HMS (per MT) 395.0 (High) 385.0 (Low)

unchangedunchanged 485.6 444.7 491.0

Weekly 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

Highest & Lowest Prices, 2013/2014

Crude Petroleum (25 Apr 2014)

US$101.9 per bblCrude Palm Oil(25 Apr 2014)

US$915.8 per MT

Lowest (US$ per bbl)

10 Jan 2014: 92.319 Apr 2013: 88.1

Highest(US$ per bbl)

18 Apr 2014: 104.2 Sep 2013: 110.2

Highest(US$ per MT)

14 Mar 2014: 982.515 Nov 2013: 925.0

Lowest (US$ per MT)

30 Jan 2014: 855.0 4 Jan 2013: 800.0

18 April 2014 domestic prices for :1.Billets (per MT) : RM1,775 – RM1,800 2.Steel bars (per MT) : RM2,100 - RM2,250

Commodity Price Trends, 30 January 2014 - 25 April 2014

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

30 Jan 7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

Crude Petroleum/bbl 96.7 97.6 100.2 103.2 102.1 102.4 98.2 99.2 101.5 100.4 104.1 104.2 101.9SMR 20/MT 1,932.0 1,864.0 1,949.5 1,981.5 1,887.0 1,923.0 1,973.5 1,921.5 1,907.0 1,850.0 1,806.0 1,808.0 1,715.0Cocoa SMC 2/MT 2,649.6 2,658.0 2,658.0 2,658.0 2,562.8 2,634.2 2,673.8 2,737.3 2,761.1 2,579.9 2,587.4 2,586.0 2,608.6Crude Palm Oil/MT 855.0 860.5 869.0 906.0 929.5 954.5 982.5 952.5 950.5 950.5 913.5 900.5 915.8Scrap Iron/MT 395.0 395.0 395.0 395.0 395.0 380.0 390.0 385.0 385.0 395.0 395.0 395.0 395.0Raw Sugar/MT 323.0 346.5 342.8 353.5 377.8 396.0 384.5 368.5 387.8 372.3 373.8 368.5 385.3Iron Ore/MT 160.0 160.0 160.0 160.0 160.0 150.0 145.0 150.0 150.0 150.0 150.0 150.0 150.0

Crude Petroleum

Crude Palm Oil

SMR 20

Cocoa SMC 2

Scrap Iron

Raw Sugar

0.0

500.0

1,000.0

1,500.0

2,000.0

2,500.0

3,000.0

92.0

94.0

96.0

98.0

100.0

102.0

104.0

106.0

US$

/MTU

S$/b

bl

Iron Ore

MITI Weekly Bulletin | www.miti.gov.my

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MITI Weekly Bulletin | www.miti.gov.my

Automotive GST Seminar The Malaysia Automotive Institute (MAI) succesfully conducted "Automotive Info Talk" on the Goods and Services Tax (GST) in collaboration with the Royal Malaysian Customs Departmenton 25 March and 24 April 2014.

Moving forward MAI plan to conduct one more session in Kuching, Sarawak on 26 May 2014. Tentatively another two sessions will be held in the north and south of Peninsular Malaysia.

MAI as an agency of the MITI and the focus point for the Malaysian automotive industry, will continue to engage with stakeholders to update them on happenings in the industry.

Automotive Info Talk will allay the concerns and fears on the drawbacks, or myths, if some like to term it, on GST. It would also provide a clear understanding of GST, and assist government in the smooth implementation of the GST next year.

Although the introduction of a GST regime would initially impact businesses and individuals across the board, a focused and well-driven implementation should benefit the country as a whole in the long run.

The GST will be a logical step and significant improvement towards a comprehensive indirect tax reform in the country. It will pave the way for modernisation of tax administration, making it simpler and more transparent; and significant enhancement in voluntary compliance.

-Malaysia Automotive Institute-

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MATRADE provides assistance to SMEs to move into the global markets through trade promotion and exporters development programmes. These programmes include Trade Fairs, Specialised Marketing Missions, Incoming Buying Missions, as well as Bumiputera Exporters Development Programme and Women Exporters Development Programme.

Strand Aerospace Malaysia Sdn Bhd

STRAND Aerospace Malaysia is part of the STRAND Group of companies with offices in Malaysia and the United Kingdom with depth of capabilities and reputation for technical excellence has allowed us to be involved with cutting-edge programs globally.

Focal point for global aerospace in Asia

Since its establishment STRAND Aerospace Malaysia has achieved major engineering services milestones in the South East Asian region. This epitomized by the significant primary structures analysis and design work we have done involving Airbus’ flagship aircraft. STRAND Aerospace Malaysia has established itself as a key supplier of aircraft engineering design and analysis services to the global aerospace industry. Its goal is to become the focal point for the global Aerospace industry in Asia.

The services covered by the STRAND Group include design, engineering for continuous product development (CPD), certification analysis (checkstress), manufacturing support, in-service support, aircraft structural integrity, training & development and research. The work covers on both primary and secondary aircraft structures. The current portfolio includes work on wing box structures(ribs, spars and skins), pylon attachments, aileron, flaps and landing gear.

STRAND Aerospace Malaysia holds AS EN SJAC (Cert No. 2009/32562) and ISO 9001:2008(Cert No. 2009/32561) certification with a wide scope covering the design and analysis of composite And metal structures components. The company also holds Airbus Approval (Metallic & Composites) (Cert No. 300135 since 2006 and a registered member of the Airbus Supply Chain and has been audited Approved by various Airbus Tier 1 and E2S companies. STRAND will command more than 350 engineers by 2014 to accommodate their clients’ needs and contribute towards the training and capacity building of engineering service in the country.

The company serves major international aeronautics clients such as Airbus UK, Airbus North America, Messier-Dowty, BAe Systems, WS Atkins Aerospace, Aerosud, GKN Aerospace, GE Aviation Services, Assystem and Composites Technology Research Malaysia. Strand Aerospace Malaysia’s projects have Involved the entire Airbus fleet, as well as military aircraft such as the Tornado, Harrier and Nimrod.

STRAND AEROSPACE MALAYSIA

SDN BHD

B.13.02 & B.13.03 Menara BATA

PJ Trade Centre, No. 8 Jalan PJU 8/8A

47820 Bandar Damansara Perdana, Selangor

TEL : +603 7495 5222

FAX : +603 7495 5221

E-MAIL : [email protected]

www.strandeng.com/malaysia

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Trans-Pacific Partnership Agreement (TPPA) Consultation with State Governments, 24 April 2014

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Penerima Anugerah Perkhidmatan Cemerlang 2013 - MITI

‘AIZUL KAMIL IBRAHIM

ABDUL HALIM OTHMAN

ANANDA RAJ PUNJAWALEY

ARNI HASLIZA AZIZ @ ESA

AZZALINA MOHAMED AZIZ

BAIDURA AHMAD

CHE NAZLI JAAPAR

DAVIDSON DEE ANAK LADI

EMY SHAZLEEN ADNAN

FADZILAH MUSA

FAEZATUN AZIRAH YAHAYA

FAUZIAH SAEDON

HASIMAH ISMAIL

HASLINDA MANSOR

IBRAHIM ABU BAKAR

INTAN SHAMSINAR

ABD MAJID

JUITA MOHD JAMIL

KATHERINE ANNE

FRANCIS

KHAIRY MOHD SIDEK

KIEW CHIA MENG

MARWEENA MANAN

MOHAMAD ISHAK

MOHAMED AZIZ

MOHD KHAIRI

MOHD HANAFIAH

MOHD NADZRI YUSOF

MOHD REIZAL SUMAIRI

MOHD RIDZUAN

ABU BAKAR

MOHD SYAZWAN

MOHD NASIR

MOHD TARMIZI ISMAIL

MOHD YUSRI FAUZI

MOHD ZAHID ABDULLAH

MUHAMAD NAZAR

AHMAD ZAIDI

MUHAMMAD ABD GHANI

MUHAMMAD HAZAM

HAJANAN

NAJJAH HUSSIN

NASIF KAUR

AJMER SINGH

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NAZRULLAH SHAHUL

HAMEED

NIZALENE DELIZA

HUSAINI NONI MOHAMEDNOOR SHIFRAH

MD NADZRYNOR FADILAH SABRI

NOR FARAHDILA

HAIROMAN NOR HASLIYANA YAHAYANOR HASLI ABDULLAH NORAINI ABRAHIM NORASHIKIN MD JUSOH

NORFAIZAH HARON NORFARIZA MANSOR NORHANIZA ALI BABDAR NUR FARADIYANA RUSLI NURAZILA AZIZAN

NURUL ALIA RAZANI NURULHUDA MOHAMED KASSIM

RAVI CHAKKARA

KUNKI RAMANRODZIAH MOHD ISA ROHALIZA MOHD YATIM

ROHANI HAMID ROSLI RAMLAN ROSMALIZA AB. LATIF

SABARIAH TAHA

SAFFIE ABDUL HASSAN

RUZIANI DADEH ZULKIFFLY MOKHTAR

SANUSI SHAMZURI A. RAHIM@SHAARY SARA HANI MOHD ZIN SHAFIURAHMAN HAMZAH SITI SALWAHANIM

MOHD NAZIR

SARA HANI MOHD ZIN SUZIENA MOHD NAWAVI SYAHIRAH SHAPIEE ZAINAL SHAHRIRAHMAD MOKHTAR ZAMAWANI SHARI


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Comments & Suggestions

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MWB Vol 288

Documents

Transcript of MWB Vol 288