THE NATIONAL eCOMMERCE FORUM AND THE … Weekly Bulletin/MITI_Weekly...The National eCommerce Forum...

18
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446 MITI Weekly Bulletin | www.miti.gov.my The National eCommerce Forum organised today by MITI, marks another important milestone in the Government’s efforts towards driving the national digital economy agenda. The theme of “Embracing Digital Transformation” projects the Government’s efforts to reach out to the eCommerce players along the value chain, particularly SMEs, on the importance of embracing digitalisation for their businesses to sustain themselves amid the challenging economic environment. The Forum was organised jointly by the members of the National eCommerce Council (NeCC) which includes 25 Ministries and Agencies. Since its inception in December 2015, the NeCC has initiated various activities and events to spearhead the development of the eCommerce sector in Malaysia with the aim of doubling eCommerce growth from 11% to 20% by 2020. Some of the main events organised by NeCC thus far included: National eCommerce Day held last year on 10 June 2016; Workshop on Action Plans to implement the National eCommerce Strategic Roadmap (NeSR), 16-17 January 2017; and Briefing by leading eCommerce players on their success stories, 15 March 2017. With the recent launch of the Digital Free Trade Zone (DFTZ) by YAB Prime Minister together with Jack Ma on 22 March 2017, there has been growing interest among local and international eCommerce players including SMEs on the potential opportunities and challenges to be faced once DFTZ starts to be implemented beginning October 2017. In this regard, the National eCommerce Forum is more than timely to update the industry and educate the public on the extensive work undertaken by the NeCC thus far to drive the national eCommerce agenda including readiness programmes for local SMEs to go onboard. Key events held throughout the Forum included: Launch of the ‘Go eCommerce’ online platform, a dedicated one-stop business resource online centre to guide SMEs in eCommerce adoption. To date, more than 1,000 interested SMEs have already pre-registered with the programme. Apart from providing the SMEs profile of their readiness, the platform also equips them with the necessary knowledge and skills to transform their current businesses to potential eCommerce exports. The platform currently houses over 70 online courses and is expected to grow to at least 200 courses by end of 2017. To know more about the platform, please visit and register at www.GoeCommerce.my; and Presentation of the eTRADE Accelerator Award, newly initiated by MATRADE in collaboration with MDEC to recognise the top three successful local SMEs under the eTRADE programme who have generated the highest export sales during the four (4) month campaign period from September 2016 up to December 2016. The Forum also featured presentations and panel discussions by prominent eCommerce players such as JinBaomen, ASIAN-Oceanian Computing Industry Organisation (ASOCIO), LAZADA Express and POS Malaysia on how local SMEs can venture into cross-border eCommerce specifically into China and the ASEAN market. Participants were also exposed with services provided by the eCommerce players along the value chain, based on areas of specialisation such as eFulfilment. THE NATIONAL eCOMMERCE FORUM AND THE NATIONAL eCOMMERCE COUNCIL (NeCC) MEETING NO. 2/2017, 26 JULY 2017 MEDIA RELEASE

Transcript of THE NATIONAL eCOMMERCE FORUM AND THE … Weekly Bulletin/MITI_Weekly...The National eCommerce Forum...

Page 1: THE NATIONAL eCOMMERCE FORUM AND THE … Weekly Bulletin/MITI_Weekly...The National eCommerce Forum ... The Forum was attended by more than 1,000 participants with 50 exhibitors ...

MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

The National eCommerce Forum organised today by MITI, marks another important milestone in the Government’s efforts towards driving the national digital economy agenda. The theme of “Embracing Digital Transformation” projects the Government’s efforts to reach out to the eCommerce players along the value chain, particularly SMEs, on the importance of embracing digitalisation for their businesses to sustain themselves amid the challenging economic environment.

The Forum was organised jointly by the members of the National eCommerce Council (NeCC) which includes 25 Ministries and Agencies. Since its inception in December 2015, the NeCC has initiated various activities and events to spearhead the development of the eCommerce sector in Malaysia with the aim of doubling eCommerce growth from 11% to 20% by 2020.

Some of the main events organised by NeCC thus far included:

National eCommerce Day held last year on 10 June 2016;Workshop on Action Plans to implement the National eCommerce Strategic Roadmap (NeSR), 16-17 January 2017; and

Briefing by leading eCommerce players on their success stories, 15 March 2017.

With the recent launch of the Digital Free Trade Zone (DFTZ) by YAB Prime Minister together with Jack Ma on 22 March 2017, there has been growing interest among local and international eCommerce players including SMEs on the potential opportunities and challenges to be faced once DFTZ starts to be implemented beginning October 2017. In this regard, the National eCommerce Forum is more than timely to update the industry and educate the public on the extensive work undertaken by the NeCC thus far to drive the national eCommerce agenda including readiness programmes for local SMEs to go onboard.

Key events held throughout the Forum included:

Launch of the ‘Go eCommerce’ online platform, a dedicated one-stop business resource online centre to guide SMEs in eCommerce adoption. To date, more than 1,000 interested SMEs have already pre-registered with the programme. Apart from providing the SMEs profile of their readiness, the platform also equips them with the necessary knowledge and skills to transform their current businesses to potential eCommerce exports. The platform currently houses over 70 online courses and is expected to grow to at least 200 courses by end of 2017. To know more about the platform, please visit and register at www.GoeCommerce.my; and

Presentation of the eTRADE Accelerator Award, newly initiated by MATRADE in collaboration with MDEC to recognise the top three successful local SMEs under the eTRADE programme who have generated the highest export sales during the four (4) month campaign period from September 2016 up to December 2016.

The Forum also featured presentations and panel discussions by prominent eCommerce players

such as JinBaomen, ASIAN-Oceanian Computing Industry Organisation (ASOCIO), LAZADA Express and POS Malaysia on how local SMEs can venture into cross-border eCommerce specifically into China and the ASEAN market. Participants were also exposed with services provided by the eCommerce players along the value chain, based on areas of specialisation such as eFulfilment.

THE NATIONAL eCOMMERCE FORUM AND THE NATIONAL eCOMMERCE COUNCIL (NeCC) MEETING NO. 2/2017, 26 JULY 2017

MEDIA RELEASE

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MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

According to the International Trade and Industry Minister, YB Dato’ Sri Mustapa Mohamed who is also the Chair of the NeCC, the Forum highlights the Government’s efforts to promote digital transformation. “eCommerce is growing rapidly in Malaysia as more people are getting connected to the internet and it has become extremely important in Malaysia’s digital economy agenda. SME development will remain as the key focus area under the Government’s digital transformation agenda. The DFTZ initiative will focus on providing state-of-the-art platform for SMEs and enterprises to conduct their businesses and services. This will hopefully help to allay any concerns or scepticism that the DFTZ will only benefit foreign players and encourage more imported products coming in. Instead, the DFTZ will actually focus on helping our SMEs to penetrate the export market and improve our cross-border efficiency”, he said.

According to the Economic Census 2016, published by DOSM, 98.5% of business establishment in Malaysia are SMEs which cut across all sizes and sectors. Based on the latest Quarterly Survey by SME Corp Malaysia in Q1 2017 (with total respondents of 2,236), about 27.2% of local SMEs are already selling their products online, out of which 15.6% are for the export market.

The Forum was attended by more than 1,000 participants with 50 exhibitors from various eCommerce segments, including eMarketplaces (such as Lazada and AgroBazaar Online); payment solutions (such as MOLPAY and IPay88); logistic providers (such as Pos Malaysia, GDEX and SkyNet); solution providers (such as Webshaper and Sitegiant); Chambers of Commerce and associations; and online sellers including SMEs.

YB Dato’ Sri Mustapa later chaired the second NeCC meeting this year, to monitor the progress of implementation of the National eCommerce Strategic Roadmap (NeSR) towards enhancing the development and competitiveness of the eCommerce ecosystem. Among key achievements of the NeCC to date include:

Providing cross-border eCommerce awareness and training in collaboration with eCommerce players to 5,191 companies, of which 1,637 companies have gone on to list their products and services globally through international eMarketplaces registered with MATRADE’s eTRADE Programme;

Since March 2017, MITI, SME Corp. Malaysia and Google have conducted a series of training and education programme throughout the country (Kuala Lumpur and Ipoh) called ‘MyGoGlobal’ to help local SMEs enhance their revenue growth by going digital. For the rest of the year the programme will also be extended to Pahang, Kelantan, Sabah and Sarawak. To date the programme has trained 988 SMEs. Google has further launched a new feature for Malaysia called “Google My Business Website” which allows any SME to create a free, effective, mobile-optimised website from a smartphone in less than 10 minutes;

Since 2016, three (3) regional eFulfilment hubs have been established in Malaysia namely by Pos Malaysia, SnT Global Logistics Sdn Bhd and most recently, YCH Logistics Sdn. Bhd. collaborating with ZALORA to set-up ZALORA’s Regional Distribution Hub in Shah Alam. MIDA is currently working with 10 targeted companies to set up their eFulfilment facilities including Lazada who is supporting Alibaba’s fulfilment activities in this region;

Streamlining process and documentation for air cargo clearance at KLIA for Business-to-Consumer (B2C) online transactions. MITI and MDEC are currently working on improving import and export process in terms of cargo clearance time (from 6 to 3 hours) and cargo terminal operations (from 4 hours to 90 minutes); and

Continuous awareness and education programmes by the Ministry of Domestic Trade, Cooperatives and Consumerism (KPDNKK) on consumer protection.

Dato’ Sri Mustapa also attended the second pitching session organised by MITI and MDEC for local eCommerce start-ups and scale-ups to pitch their business ideas directly for the purpose of securing capital funding from GLCs, GLICs, MKDs and VCs. This session is a follow-up to the inaugural kick-off pitching session held earlier on 22 June 2017. For this round, five (5) eCommerce companies planning to scale-up and two other start-ups presented their business plans to a panel of prospective investors comprising of GLCs, GLICs, and VCs. The session included an interactive panel discussion among VCs on “The Importance of Ready Capital to Catalyse Startups and Scale Ups Ecosystems in Malaysia“ which highlighted the critical factors for GLCs, GLICs and Corporations to collaborate with VCs to catalyse the Malaysian ecosystem.

Ministry of International Trade and Industry26 July 2017

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Malaysia

Source : Department of Statistics, Malaysia

CPI: Index Numbers for Overall and Selected Main Groups, June 2017

Consumer Price Index (CPI), June 2017

Note : % change year-on-year

-The Consumer Price Index (CPI) measures the percentage change through time in the cost of purchasing a constant basket of goods and services representing the average pattern of purchases made by a particular population in a specified time period

+3.6%June 2017118.9

June 2016114.8

114.

5

114.

5

113.

8

114.

3

114.

6

114.

8

115.

1

115.

6

115.

3

115.

7

116.

9

116.

9

118.

2

119.

7

119.

6

119.

3

119.

1

118.

9

110

112

114

116

118

120

122

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

2016 2017

Index

Consumer Price Index (CPI) , January 2016 - June 2017

Jun

2017

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Wholesale & Retail Trade Performance, May 2017

Volume Index of Wholesale & Retail Trade, May 2017

Source : Department of Statistics, Malaysia

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International ReportTotal trade : US$38.6 billion , 12.7% Exports : US$20.3 billion , 11.7% Imports : US$18.4 billion , 13.7%

Thailand's Global Trade, June 2017

2016 2017(Jan – June) (Jan – June)

US$ Mill US$ Mill

1. PRC 30,675 34,811 13.48

2. Japan 25,113 26,260 4.56

3. U.S.A 17,542 20,406 16.33

4. Malaysia 10,050 10,678 6.24

5. Singapore 7,475 8,365 11.9

6. Indonesia 7,244 8,146 12.45

7. Viet Nam 6,389 7,576 18.56

8. Hongkong 6,110 7,129 16.67

9. Australia 6,526 6,838 4.78

10. ROK 5,367 6,340 18.13

Ranking Country Growth (%)

Major Top 10 Trading Partners

28.75 31.15 29.58 31.63 29.8134.14 35.74 37.63 39.92 40.21

44.39 44.10

20.64

22.8

6

26.2

7

26.9

8

29.1

5

26.3

0 32.9

7

34.4

8

35.6

8

38.6

3

39.6

1

41.6

6

42.3

6

20.0

7

51.60

86.45

0

20

40

60

80

100

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 (Jan-May)

RM Billion

Exports Imports Total Trade

Source : Department of Statistics, Malaysia

Malaysia’s Trade with Thailand, 2005- 2017 (Jan- May)

-

Note: % - Year-on-YearGrowth

Source: Ministry of Commerce, Thailand

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Note: *Provicional Data Source: Ministry of International Trade and Industry, Malaysia

0

20

40

60

80

100

120

140

160

180

200

0

5

10

15

20

25

30

35

40

45

7 M

ay

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ay

21 M

ay

28 M

ay

4 Ju

n

11 J

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25 J

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2 Ju

l

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l

16 J

ul

23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Generalised System of Preferences (GSP)

Total FOB (RM mil.) Total CO

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

Number and Value of Preferential Certificates of Origin (PCOs)

0

1,000

2,000

3,000

4,000

5,000

6,000

0

200

400

600

800

1,000

1,200

1,4007

May

14 M

ay

21 M

ay

28 M

ay

4 Ju

n

11 J

un

18 J

un

25 J

un

2 Ju

l

9 Ju

l

16 J

ul

23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

ASEAN Trade in Goods Agreement (ATIGA)

Total FOB (RM mil.) Total CO

0

500

1,000

1,500

2,000

2,500

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

7 M

ay

14 M

ay

21 M

ay

28 M

ay

4 Ju

n

11 J

un

18 J

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25 J

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2 Ju

l

9 Ju

l

16 J

ul

23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

ASEAN-China Free Trade Agreement (ACFTA)

Total FOB (RM mil.) Total CO

0

200

400

600

800

1,000

1,200

1,400

0

500

1,000

1,500

2,000

2,500

7 M

ay

14 M

ay

21 M

ay

28 M

ay

4 Ju

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11 J

un

18 J

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25 J

un

2 Ju

l

9 Ju

l

16 J

ul

23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

ASEAN-Korea Free Trade Agreement (AKFTA)

Total FOB (RM mil.) Total CO

0

50

100

150

200

250

300

0

20

40

60

80

100

120

7 M

ay

14 M

ay

21 M

ay

28 M

ay

4 Ju

n

11 J

un

18 J

un

25 J

un

2 Ju

l

9 Ju

l

16 J

ul

23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

ASEAN-Japan Comprehensive Economic Partnership (AJCEP)

Total FOB (RM mil.) Total CO

0

100

200

300

400

500

600

700

800

0

50

100

150

200

250

7 M

ay

14 M

ay

21 M

ay

28 M

ay

4 Ju

n

11 J

un

18 J

un

25 J

un

2 Ju

l

9 Ju

l

16 J

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23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

ASEAN-India Free Trade Agreement (AIFTA)

Total FOB (RM mil.) Total CO

0

200

400

600

800

1,000

1,200

0

50

100

150

200

250

300

350

400

7 M

ay

14 M

ay

21 M

ay

28 M

ay

4 Ju

n

11 J

un

18 J

un

25 J

un

2 Ju

l

9 Ju

l

16 J

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23 J

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tific

ate

of O

rigin

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il.

ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)

Total FOB (RM mil.) Total CO

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MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

Number and Value of Preferential Certificates of Origin (PCOs)

0

200

400

600

800

1,000

1,200

0

50

100

150

200

250

300

3507

May

14 M

ay

21 M

ay

28 M

ay

4 Ju

n

11 J

un

18 J

un

25 J

un

2 Ju

l

9 Ju

l

16 J

ul

23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-Japan Economic Partnership (MJEPA)

Total FOB (RM mil.) Total CO

0

50

100

150

200

250

300

350

0

20

40

60

80

100

120

140

160

7 M

ay

14 M

ay

21 M

ay

28 M

ay

4 Ju

n

11 J

un

18 J

un

25 J

un

2 Ju

l

9 Ju

l

16 J

ul

23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-Pakistan Closer Economic Partnership (MPCEPA)

Total FOB (RM mil.) Total CO

0

1

2

3

4

5

6

7

0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.8

7 M

ay

14 M

ay

21 M

ay

28 M

ay

4 Ju

n

11 J

un

18 J

un

25 J

un

2 Ju

l

9 Ju

l

16 J

ul

23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-New Zealand Free Trade Agreement (MNZFTA)

Total FOB (RM mil.) Total CO

0

20

40

60

80

100

120

140

160

180

200

0

10

20

30

40

50

60

70

80

90

100

7 M

ay

14 M

ay

21 M

ay

28 M

ay

4 Ju

n

11 J

un

18 J

un

25 J

un

2 Ju

l

9 Ju

l

16 J

ul

23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-China Free Trade Agreement (MCFTA)

Total FOB (RM mil.) Total CO

0

50

100

150

200

250

300

350

400

450

500

0

50

100

150

200

250

7 M

ay

14 M

ay

21 M

ay

28 M

ay

4 Ju

n

11 J

un

18 J

un

25 J

un

2 Ju

l

9 Ju

l

16 J

ul

23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)

Total FOB (RM mil.) Total CO

0

50

100

150

200

250

300

350

400

450

500

0

10

20

30

40

50

60

70

80

90

7 M

ay

14 M

ay

21 M

ay

28 M

ay

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11 J

un

18 J

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25 J

un

2 Ju

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9 Ju

l

16 J

ul

23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-Australia Free Trade Agreement (MAFTA)

Total FOB (RM mil.) Total CO

0

50

100

150

200

250

300

350

400

450

0

50

100

150

200

250

300

350

400

450

500

7 M

ay

14 M

ay

21 M

ay

28 M

ay

4 Ju

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11 J

un

18 J

un

25 J

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2 Ju

l

9 Ju

l

16 J

ul

23 J

ul

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-Turkey Free Trade Agreement (MTFTA)

Total FOB (RM mil.) Total CO

Note: *Provicional Data Source: Ministry of International Trade and Industry, Malaysia

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MITI Weekly Bulletin | www.miti.gov.my

Source : Bank Negara, Malaysia

Malaysian Ringgit Exchange Rate with Selected Countries,January 2016 - June 2017

US Dollar

Pakistani Rupee

Egyptian Pound

Cambodian Riel

Nepalese Rupee

United Arab Emirates Dirham

4.34814.2765

3.60

3.70

3.80

3.90

4.00

4.10

4.20

4.30

4.40

4.50

4.60

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

2016 2017

RM

USD 1 = RM

4.14604.0802

3.40

3.50

3.60

3.70

3.80

3.90

4.00

4.10

4.20

4.30

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

2016 2017

RM

PKR 100 = RM

0.5553

0.2362

0.00

0.10

0.20

0.30

0.40

0.50

0.60

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

2016 2017

RM

EGP 1 = RM

0.10710.1045

0.085

0.090

0.095

0.100

0.105

0.110

0.115

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

2016 2017

RM

KHR 100 = RM

4.0376

4.1470

3.30

3.40

3.50

3.60

3.70

3.80

3.90

4.00

4.10

4.20

4.30

4.40

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

2016 2017

RM

NPR 100 = RM

118.38116.43

95.00

100.00

105.00

110.00

115.00

120.00

125.00

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

2016 2017

RM

AED 100 = RM

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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.

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

CRUDE PETROLEUM (BRENT)-per bbl-

28 July 2017 : US$52.5, 9.3%*

Average Pricei : 2016: US$45.3 2015: US$53.6

CRUDE PALM OIL-per MT-

28 July 2017 : US$669.5, 0.1%*Average Pricei : 2016: US$702.2 2015: US$616.9

RUBBER SMR 20-per MT-

28 July 2017 : US$1,433.5, 8.6%*

Average Pricei : 2016: US$1.394.5 2015: US$1.364.3

COAL -per MT-28 July 2017 : US$44.1, unchangedAverage Pricei : 2016: US$45.6 2015: US$49.9

COCOA SMC 2-per MT-

28 July 2017 : US$1,448.6, 1.9%*

Average Pricei : 2016: US$1,609.8 2015: US$2,077.0

SCRAP IRON HMS-per MT-

28 July 2017 : US$320.0 (high), 1.6% US$310.0 (low), 3.3%Average Pricei : 2016: US$243.2 2015: US$239.6

HIGHEST and LOWEST 2016/2017

Highest 6 Jan 2017 : US$57.1 30 Dec 2016 : US$56.8

Lowest

23 June 2017 : US$45.5

15 Jan 2016 : US$28.9

Crude Petroleum

(Brent)-per bbl-

Highest 20 Jan 2017 : US$843.0 30 Dec 2016 : US$797.5

Lowest

15 Jan 2016 : US$545.5 30 June 2017 : US$650.0

Crude Palm Oil -per MT-

Domestic Prices28 July 2017

Steel Bars(per MT)

RM2,260 – RM2,410

Billets(per MT)

RM2,000 – RM2,050

SUGAR -per lbs-28 July 2017 : US¢ 14.4, 0.7%*

Average Pricei : 2016: US¢18.2 2015: US¢13.2

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MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

Commodity Price Trends

Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

711.5

741.0

749.5

722.5 720.0

707.0

688.5

650.0 650.0

666.0670.5 669.5

600

620

640

660

680

700

720

740

760

12 May 19 May 26 May 2 Jun 9 Jun 16 Jun 23 Jun 30 Jun 7 Jul 14 Jul 21 Jul 28 Jul

US$

/mt

Crude Palm Oil

1,368.4 1,374.5

1,274.1

1,459.8

1,417.9

1,501.7

1,270.7

1,385.7

1,419.1

1,373.5

1,421.7

1,448.6

1,200

1,250

1,300

1,350

1,400

1,450

1,500

1,550

12 May 19 May 26 May 2 Jun 9 Jun 16 Jun 23 Jun 30 Jun 7 Jul 14 Jul 21 Jul 28 Jul

US$

/mt

Cocoa

15.5

16.4

15.1

13.7

14.5

13.6

13.2

13.8

14.214.3

14.4 14.4

12.0

12.5

13.0

13.5

14.0

14.5

15.0

15.5

16.0

16.5

17.0

12 May 19 May 26 May 2 Jun 9 Jun 16 Jun 23 Jun 30 Jun 7 Jul 14 Jul 21 Jul 28 Jul

US¢

/lbs

Sugar

1,487.5

1,558.0

1,559.0

1,447.5

1,393.5

1,469.0

1,381.0

1,540.0

1,469.0

1,510.0

1,568.5

1,433.5

1,300

1,350

1,400

1,450

1,500

1,550

1,600

12 May 19 May 26 May 2 Jun 9 Jun 16 Jun 23 Jun 30 Jun 7 Jul 14 Jul 21 Jul 28 Jul

US$

/mt

Rubber SMR 20

6,900 7,088 7,113

7,281

6,917 6,851 6,730

6,337

6,085 5,965

4,516

3,984

4,366

4,605

4,188

4,571

3,000

3,500

4,000

4,500

5,000

5,500

6,000

6,500

7,000

7,500

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

2016 2017

USD

/ to

nne

Black Pepper

* until 31 May 2017** data for April & June 2017 are not available

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MITI Weekly Bulletin | www.miti.gov.my

Sources: Ministry of International Trade and Industry Malaysia, , Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

1,481

1,531

1,531

1,571 1,551

1,594

1,629 1,639

1,592

1,666

1,737 1,728

1,791

1,861

1,901 1,921 1,913

1,885

1,400

1,500

1,600

1,700

1,800

1,900

2,000

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

2016 2017U

S$/

tonn

e

Aluminium

4,472 4,599

4,954 4,873

4,695 4,642

4,865 4,752 4,722

4,731

5,451

5,660 5,755

5,941 5,825

5,684 5,600

5,720

4,000

4,500

5,000

5,500

6,000

6,500

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

2016 2017

US$

/ to

nne

Copper

8,507 8,299

8,717 8,879

8,660

8,928

10,263

10,336

10,192

10,260

11,129 10,972

9,971

10,643

10,205

9,609

9,155 8,932

7,000

7,500

8,000

8,500

9,000

9,500

10,000

10,500

11,000

11,500

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

2016 2017

US$

/ to

nne

Nickel

47.8

50.349.8

47.7

45.8

44.7

43.0

46.3

44.2

46.6

45.8

49.7

50.8

53.6

52.2

50.0

48.2

47.4

45.5

47.9

46.7

49.0

48.1

52.5

40

42

44

46

48

50

52

54

56

12 May 19 May 26 May 2 Jun 9 Jun 16 Jun 23 Jun 30 Jun 7 Jul 14 Jul 21 Jul 28 Jul

US$

/bbl

Crude Petroleum

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

Commodity Price Trends

Page 12: THE NATIONAL eCOMMERCE FORUM AND THE … Weekly Bulletin/MITI_Weekly...The National eCommerce Forum ... The Forum was attended by more than 1,000 participants with 50 exhibitors ...

MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

Commodity Price Trends

Sources: Ministry of International Trade and Industry Malaysia, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.

925.0

946.0

964.0

935.0

942.0

926.0930.0

914.0 914.0

921.0

940.0

930.0

880.0

890.0

900.0

910.0

920.0

930.0

940.0

950.0

960.0

970.0

12 May 19 May 26 May 2 Jun 9 Jun 16 Jun 23 Jun 30 Jun 7 Jul 14 Jul 21 Jul 28 Jul

US$

/oz

Platinum

280.0 280.0 280.0

270.0 270.0 270.0 270.0 270.0

300.0

315.0 315.0320.0

270.0 270.0

260.0

240.0 240.0 240.0 240.0 240.0

280.0

300.0 300.0

310.0

220

240

260

280

300

320

340

12 May 19 May 26 May 2 Jun 9 Jun 16 Jun 23 Jun 30 Jun 7 Jul 14 Jul 21 Jul 28 Jul

US$

/mt

Scrap Iron

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

41.88

46.83

56.20

60.92

55.1351.98

57.26

60.8957.79

59.09

73.10

80.02

80.41

89.4487.65

70.22

62.43

57.48

30.0

40.0

50.0

60.0

70.0

80.0

90.0

100.0

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

2016 2017

US$

/dm

tu

Iron Ore

16.5

16.9

17.317.4

17.2

16.8 16.816.7

15.9

16.1

16.5

16.7

15.0

15.5

16.0

16.5

17.0

17.5

18.0

12 May 19 May 26 May 2 Jun 9 Jun 16 Jun 23 Jun 30 Jun 7 Jul 14 Jul 21 Jul 28 Jul

US$

/oz

Silver

39.6

40.3

40.7

41.0

40.7

40.4 40.4

39.9

39.1

39.6

40.1

40.7

38.0

38.5

39.0

39.5

40.0

40.5

41.0

41.5

11 May 18 May 25 May 1 Jun 8 Jun 15 Jun 22 Jun 29 Jun 6 Jul 13 Jul 20 Jul 27 Jul

US$

/oz

Gold

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MITI Weekly Bulletin | www.miti.gov.my

PRA PELANCARAN GLC EXPLORACE 2017Kementerian Perdagangan Antarabangsa dan Industri (MITI) dengan kerjasama UEM Group

Berhad, Sime Darby Berhad dan Malaysian Industrial Development Finance Berhad (MIDF) akan menganjurkan program GLC ExplorAce 2017 pada 8 Ogos 2017 bertempat di Sime Darby Convention Centre, Bukit Kiara, Kuala Lumpur. Program ini akan dirasmikan oleh YB Dato’ Sri Mustapa Mohamed, Menteri Perdagangan Antarabangsa dan Industri.

Program GLC ExplorAce 2017 yang bertemakan “Cemerlang Mendepani Dunia Digital” merupakan

program kali ke-5 diadakan sejak tahun 2013. Penaja utama program ini pada tahun 2013 adalah Telekom Malaysia Berhad, diikuti oleh Tenaga Nasional Berhad (2014), Boustead Naval Shipyard Sdn. Bhd. & Pharmaniaga Berhad (2015) dan Sime Darby Berhad (2016). Pada kali ini, MITI meneruskan kerjasama dengan UEM Group Berhad dan Sime Darby Berhad selaku Lead Anchors (Penaja Utama) dan juga MIDF yang bertindak sebagai agensi pelaksana bagi sesi padanan perniagaan (business matching).

Program GLC ExplorAce merupakan inisiatif Kerajaan menyediakan platform untuk vendor Bumiputera di bawah seliaan Anchor yang terlibat dalam Program Pembangunan Vendor (PPV) menerokai peluang perniagaan baharu dengan syarikat anchor yang lain. Ini akan dilaksanakan melalui empat (4) komponen utama iaitu pemadanan perniagaan (business matching); jalinan perniagaan (business networking); khidmat nasihat perniagaan dan kewangan (business & financial advisory); serta perkongsian maklumat perniagaan dan pengalaman keusahawanan melalui beberapa sesi Pocket Talk. Inisiatif ini secara tidak langsung dapat memberi peluang kepada syarikat anchor, syarikat vendor dan institusi kewangan yang turut serta dalam program ini untuk mengembangkan perniagaan, selain membantu mereka menjadi lebih kompetitif, dinamik dan berdaya saing.

Bertepatan dengan tema pada kali ini iaitu “Cemerlang Mendepani Dunia Digital”, program GLC ExplorAce 2017 juga akan menonjolkan kejayaan beberapa syarikat anchor dan vendor dalam dunia perniagaan digital. Syarikat-syarikat berkenaan akan turut mempamerkan hasil pencapaian mereka selain berkongsi visi, kepakaran, pengalaman dan cabaran yang mereka hadapi dalam mengharungi dunia digital. Adalah diharapkan syarikat vendor Bumiputera akan mendapat manfaat dari perkongsian kejayaan ini dan menjadikan mereka lebih inovatif dalam menempuhi cabaran untuk terus kekal dan kompetitif dalam pasaran domestik dan antarabangsa.

Penganjuran GLC ExplorAce 2017 pada kali ini agak berbeza berbanding tahun-tahun sebelumnya kerana selain daripada syarikat anchor, agensi MITI, agensi teknikal dan institusi kewangan, reruai pameran setiap anchor juga akan disertai oleh tiga (3) syarikat vendor sebagai pempamer. Pendekatan baru ini bertujuan memberi peluang kepada syarikat anchor menonjolkan kejayaan syarikat-syarikat vendor di bawah PPV Bumiputera masing-masing.

Pada tahun ini, sebanyak 40 organisasi akan terlibat sebagai pempamer dalam program GLC ExplorAce 2017, yang terdiri daripada MITI dan agensi, TERAJU, Bank Negara Malaysia, PUNB, MDeC, syarikat anchor, syarikat multinasional (MNCs), syarikat vendor dan institusi kewangan tempatan. Sebanyak 15 syarikat anchor akan menyertai panel pemadanan perniagaan bagi mengenal pasti syarikat-syarikat PKS yang berpotensi untuk dilantik sebagai vendor di bawah PPV. Program ini akan membuka peluang untuk pengembangan perniagaan kepada para usahawan Bumiputera, terutamanya melalui pendedahan kepada peluang-peluang perniagaan baru serta meningkatkan jaringan kerjasama sesama rakan perniagaan.

Antara program baru yang diperkenalkan pada tahun ini ialah Start-up Innovation Pitch oleh MaGIC (Pusat Inovasi & Kreativiti Global Malaysia). Sesi ini akan membolehkan syarikat baharu bermula (Start-Up) membentangkan idea, cadangan penyelesaian masalah dan inovasi mereka kepada syarikat-syarikat utama yang mengambil bahagian. Terdapat dua jenis format pelaksanaan sesi ini iaitu melalui kaedah pemadanan perniagaan untuk syarikat start-up dan cabaran inovasi untuk syarikat besar yang menyertai MaGIC Activate bagi mencari penyelesaian masalah melalui penyumberan luar (outsourcing).

Kementerian Perdagangan Antarabangsa dan Industri27 Julai 2017

SIARAN MEDIA

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MITI Programme

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National eCOMMERCE Forum26 July 2017

MITI Programme

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Announcement

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of Technical Terms

GDP Deflator

A measure of the level of prices of all new, domestically produced, final goods and services in an economy that accounts for inflation by converting output measured at current prices into constant-dollar GDP.

This specific deflator shows how much a change in the base year’s GDP relies upon changes in the price level.

Calculation : Nominal gross domestic product (GDP)_ Real gross domestic product (GDP)

GDP per capitaGross Domestic Product (Purchasing Power Parity) - is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. Purchasing power parities (PPPs) are the rates of currency conversion that eliminate the differences in price levels between countries.

Green BoxAgriculture support (subsidies) which is exempted from reduction commitments under the WTO Agriculture Agreement and permitted without limit. Green Box subsidies include genuine relief to farmers through a wide range of assistance measures which have minimal impact on trade. Examples include subsidies for disaster relief, research, disease control, infrastructure, environment protection and food security.

Green Room mini-Ministerial MeetingMeeting attended by Trade Ministers from selected countries which participate actively in the WTO negotiations. Malaysia has been included in this process.

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