Weekly BULLETIN Weekly... · Selangor Aerospace Action Plan covering 7 areas with 30 action items....
Transcript of Weekly BULLETIN Weekly... · Selangor Aerospace Action Plan covering 7 areas with 30 action items....
1MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
VOLUME 528
MINISTRY OF INTERNATIONAL TRADE AND INDUSTRYWeekly
BULLETIN26 March 2019 | NO. ISSN : 2180-0448
MITI Announced the Aerospace and Shipbuilding & Ship Repair Industries Performance
2018 at the 15th Edition of the Langkawi International Maritime and Aerospace Exhibition 2019
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The Ministry of International Trade and Industry (MITI), through the National Aerospace Industry Coordinating Office (NAICO) is leading the aerospace industry development and the implementation of the Malaysian Aerospace Industry Blueprint 2030.
The Blueprint 2030 launched in 2015 covers strategies and initiatives to develop the competitiveness of the Malaysian aerospace industry. Malaysia aims to become the leading aerospace nation by 2030 whereby the industry is targeted to generate an annual revenue of USD4.3 billion (RM55.2 billion) and create 32,000 jobs.
The Government views the aerospace industry as a critical sector that offers abundant opportunities for the transfer of advanced technologies in engineering, electronics, composite materials, systems integration, MRO and industry-led Research & Technology. This is in line with the Eleventh Malaysia Plan (11MP) where the aerospace industry has been identified as one of Malaysia’s key strategic focus sectors.
In 2018, the Malaysian aerospace industry recorded a total revenue of RM14.4 billion. The industry managed to maintain positive growth since the implementation of the Blueprint 2030 led by NAICO, MITI. A total of 24,500 highly skilled workers are currently serving the industry. The aerospace manufacturing sub-sector remained the main contributor to the industry with 48% revenue and has recorded the highest value at RM6.97 billion, an increase of 8.3% compared with 2017. The MRO sector recorded RM6.68 billion revenue representing 46% of the total revenue. Aerospace exports also recorded the highest value of RM8.48 billion compared to previous years with an increase of 20.7% from 2017. Among the locally manufactured aerospace products for export include Fan Cowl, Fan Casing, Thrust Reverser, Forward Leading Edge, Aircraft Door, Avionics Equipment and Carbon Brakes.
2MITI 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
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seIn terms of investments, eleven (11) aerospace projects with total investments of RM816.3 million were approved in 2018, of which 41% were foreign investments. The approved projects are expected to generate a total of 2,442 employment opportunities. The quality investments and strong market demand have also accelerated the local supply chain. Currently, Malaysia is one of the critical suppliers for aircraft structure components mainly for Airbus and Boeing. Malaysia has become an important source for composite and metallic components for the OEMs, led by local champions namely Composites Technology Research Malaysia (CTRM) Sdn. Bhd., SME Aerospace Sdn. Bhd. and UMW Aerospace Sdn. Bhd. In accelerating the development of the Malaysian aerospace industry, the Government has developed a number of initiatives at both federal and state level. MIDA has undertaken Industrial Linkages Programme on aerospace for companies to explore business and investment opportunities through strategic partnerships and joint ventures. MATRADE will be executing a number of businesses matching for Malaysian companies with potential foreign buyers to promote Malaysian exports and to expand Malaysia’s foot print globally in the aerospace industry.
SIRIM, an agency under MITI is developing its capability to become the region’s first AS9100 Certification Body to enable more local companies to enter the global aerospace market. SIRIM is also exploring opportunities to develop a dedicated centre for aerospace testing, inspection and calibration. In terms of human capital development, NAICO, MITI is collaborating with the Malaysia Board of Technologists (MBOT) to promote the development of Professional Technologists and Certified Technicians for aerospace industry. NAICO is also working with MBOT in drafting the Technical Program Accreditation regulated by MBOT. At the state level, several states namely Selangor, Kedah and Negeri Sembilan have highlighted their initiatives to support the Blueprint 2030. Selangor has recently announced an action plan known as Selangor Aerospace Action Plan covering 7 areas with 30 action items. Kedah has launched a plan to develop Kulim International Airport that will become the catalyst to position Kedah as one of the leading aerospace states in Malaysia. Negeri Sembilan has developed a comprehensive development plan focusing on aerospace industry under the Malaysia Vision Valley (MVV) project. Meanwhile the Shipbuilding and Ship Repair (SBSR) industry in Malaysia, which is a subset of the marine industry, employs around 13,000 people. Revenue of the SBSR industry in Malaysia can be divided into five (5) contributing groups namely shipyard, classification, manufacturer, design and manufacture, repair and overhaul (MRO). Total revenue of the SBSR industry in 2018 was RM7 billion. Shipyard recorded the highest revenue of RM4.93 billion from 77 companies in 2018. Since 2016, SBSR exports have also been on an increasing trend. In 2018, exports increased to RM1.29 billion compared with RM1.08 billion in 2017 which is a significant growth of 20 per cent. Exports were in light vessels, dredger, floating dock and cargo ship mainly to Australia, Indonesia, Thailand and the USA. In 2018, two expansion projects were approved in the SBSR industry, with total investments amounting to RM33 million. These wholly Malaysian-owned projects are expected to create 51 new jobs. Apart from shipbuilding and repair activities, Malaysia is also known for training and education services. Expanding the SBSR business, Malaysia shall look at other opportunities in the SBSR industry particularly in ship design; parts and components manufacturing; system integration; and other marine equipment production. “The long term prospect of both industries remains bright whereby Malaysia’s competitiveness can be sustained through various measures including developing new competencies through Research & Technology, forming strategic partnership with international and regional players for greater impact and through adopting Industry 4.0 and digital technology”, said Datuk Darell Leiking, the Minister of International Trade & Industry. “We are confident the aerospace industry will continue to be a vibrant and thriving industry in the years to come, given that the Asia Pacific Region is expected to have the highest growth in new aircraft delivery for the next decade. The SBSR industry too has potential to grow as businesses can look at new areas of maritime and marine equipment products”, he added. Ministry of International Trade & Industry 26 March 2019
3MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
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and Aerospace Exhibition 2019
Asia Pacific's premier Maritime and Aerospace showcase, LIMA is back! With more than 30 countries already confirming their participation, this year's edition is gearing up to be the biggest yet! The Ministry of International Trade and Industry through the National Aerospace Industry Coordinating Office (NAICO), MIDA and SIRIM will be on hand to promote and showcase the best Malaysia has to offer.
Prime Minister, Tun Dr. Mahathir bin Mohamad, in his official opening address remarked that to achieve the target of making Malaysia the leading aerospace nation in South East Asia and an integral part of the global market - as spelt out under the Malaysia Aerospace Industry Blueprint 2030, MITI, through the National Aerospace Industry Coordinating Office (NAICO) has implemented various aerospace industry development initiatives - covering industry facilitation, local supply chain development, competency development, Research & Technology (R&T), international collaboration and human capital development.
4MITI 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
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Source: Malaysian Investment Development Authority
Total approved investment in the second half year rose by 34.3% as compared to the first half 2018.
Approved Investments in 2018
Approved investments in the manufacturing sector increased by 37.2% year-on-year, supported by a number
of capital intensive projects.
Malaysia remains a
favourable investment destination
New & expansion/diversification projects approved in manufacturing sector
5MITI 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
Total approved investment in the second half year rose by 34.3% as compared to the first half 2018.
Approved Investments in 2018M
alay
sia
Stat
isti
csM
alay
sia
Stat
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csApproved Investments in 2018
China, Indonesia, the Netherlands, Japan and the USA were the largest contributors accounting
for 76.4% of total foreign investments approved in the manufacturing sector
Source: Malaysian Investment Development Authority
Note: *BVI= British Virgin Islands
*
RM billion
Manufacturing Investments by
Industry
6MITI 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
Mal
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Mal
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Approved Investments in 2018Approved investments in the services sector continued to be the cornerstone of the nation's economic growth as it was the largest contributor to the total approved investments
in 2018
Services Investments by Subsector
Approved investments in the primary sector registered a decrease of 12.2% largely due to lower investment in oil and
gas exploration activities
Source: Malaysian Investment Development Authority
7MITI 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
Inte
rnat
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Mexico Economic Indicators 2017
129.2 million P o p u l a t i o n
1.3% annualG r o w t h r a t e
13.1% Employment in Agriculture
25.8% Employment in Industry
61.1% Employment in Services
US$1.28 tr i l l ionGDP at constant prices
2.0% annualG r o w t h r a t e
US$29.7b i l l i o n
F D I F l o w Inward
F D I F l o w Outward
US$5.1 b i l l i o n
US$489.1 b i l l i o n
F D I Stock InwardF D I S t o c k Outward
US$180.1b i l l i o n
US$36.7 b i l l i o nCommercialS e r v i c e sI m p o r t s
US$262.2 b i l l i o nCommercialS e r v i c e sE x p o r t s
US$432.2 b i l l i o nMerchandiseG o o d sI m p o r t s
US$409.4b i l l i o nMerchandiseG o o d sE x p o r t s
Malaysia's Trade with Mexico 2008 - 2018
Source: Department of Statistics, Malaysia
Source: www.statistics.apec.org
and YOU...
21 Members
5.4
4.3 5.
6
5.4
4.6
4.1 5.
2 6.3
7.8
9.6
8.4
0.7 1.
2
0.9
0.9
0.9 1.0 1.4 1.5
1.5
1.4 1.5
6.15.5
6.5 6.25.4 5.1
6.67.8
9.4
11.09.9
0
2
4
6
8
10
12
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
RM b
illio
n
Exports Imports Total Trade
Approved Investments in 2018
8MITI 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)
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
0
20
40
60
80
100
120
140
0
50
100
150
200
250
300
350
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
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.
0
1,000
2,000
3,000
4,000
5,000
6,000
0
5,000
10,000
15,000
20,000
25,000
30,000
35,00030
Dec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
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
3,000
0
200
400
600
800
1,000
1,200
1,400
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-China Free Trade Agreement (ACFTA)
Total FOB (RM mil.) Total CO
0
200
400
600
800
1,000
1,200
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
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
350
0
20
40
60
80
100
120
140
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-Japan Comprehensive Economic Partnership (AJCEP)
Total FOB (RM mil.) Total CO
0
100
200
300
400
500
600
700
800
900
1,000
0
100
200
300
400
500
600
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
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
1,400
0
20
40
60
80
100
120
140
160
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)
Total FOB (RM mil.) Total CO
9MITI 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)
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
0
200
400
600
800
1,000
1,200
0
100
200
300
400
500
600
700
800
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Japan Economic Partnership Agreement (MJEPA)
Total FOB (RM mil.) Total CO
0
50
100
150
200
250
300
0
20
40
60
80
100
120
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)
Total FOB (RM mil.) Total CO
0
2
4
6
8
10
12
14
16
0.00
0.20
0.40
0.60
0.80
1.00
1.20
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-New Zealand Free Trade Agreement (MNZFTA)
Total FOB (RM mil.) Total CO
0
20
40
60
80
100
120
0
200
400
600
800
1,000
1,200
1,400
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
Malaysia-Chile Free Trade Agreement (MCFTA)
Total FOB (RM mil.) Total CO
0
100
200
300
400
500
600
0
50
100
150
200
250
300
350
400
450
500
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)
Total FOB (RM mil.) Total CO
0
100
200
300
400
500
600
0
20
40
60
80
100
120
140
160
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
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
0
50
100
150
200
250
300
30 D
ec
6 Ja
n
13 J
an
20 J
an
27 J
an
3 Fe
b
10 F
eb
17 F
eb
24 F
eb
3 M
ar
10 M
ar
17 M
ar
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Turkey Free Trade Agreement (MTFTA)
Total FOB (RM mil.) Total CO
10MITI 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.myMITI Weekly Bulletin | www.miti.gov.my
Source : Bank Negara Malaysia
Malaysian Ringgit Exchange Rate with Selected Countries,January 2018 - February 2019
US Dollar
Canadian Dollar
New Zealand Dollar
Swiss Franc
Saudi Riyal
Myanmar Kyat
3.9578
3.8862
4.1867
4.0746
3.70
3.75
3.80
3.85
3.90
3.95
4.00
4.05
4.10
4.15
4.20
4.25
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2018 2019
RM
USD 1 = RM
3.3755
3.4288
3.0211
3.0823
2.80
2.90
3.00
3.10
3.20
3.30
3.40
3.50
Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
2017 2018 2019
RM
CAD 1 = RM
3.1735
3.2126
2.7162
2.7825
2.70
2.80
2.90
3.00
3.10
3.20
3.30
Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
2017 2018 2019
RM
NZD 1 = RM
4.42094.4697
3.9775
4.0662
3.70
3.80
3.90
4.00
4.10
4.20
4.30
4.40
4.50
4.60
Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
2017 2018 2019RM
CHF 1 = RM
118.9006
103.6265
108.6445
95.0
100.0
105.0
110.0
115.0
120.0
125.0
Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
2017 2018 2019
RM
SAR 100 = RM
0.3296
0.26280.2669
0.250
0.260
0.270
0.280
0.290
0.300
0.310
0.320
0.330
0.340
Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
2017 2018 2019
RM
MMK 100 = RM
11MITI 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
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, and Bloomberg.
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
%*US$380.0
(high)22 Mar 2019
%*US$350.0
(low)
Commodity Prices
CRUDE PETROLEUM (BRENT) -per bbl-
0.2%*US$67.0
22 Mar 2019
CRUDE PALM OIL -per MT-
3.0%*US$526.5
22 Mar 2019
RUBBER SMR 20 -per MT-
1.1%*US$1,491.5
COCOA SMC 2 -per MT-
3.2%* US$1,539.2
COAL -per MT-
5.8%*US$65.1
SUGAR -per lbs-
0.4%*US¢12.6
SCRAP IRON HMS -per MT-
5 Oct 2018 : US$84.2
Highest2018/2019
15 Mar 2019 : US$67.2
4 Jan 2019 : US$57.1 28 Dec 2018 : US$52.2
Lowest2018/2019
9 Mar 2018 : US$691.5
Highest2018/2019
22 Feb 2019 : US$567.0
4 Jan 2019 : US$503.8 23 Nov 2018 : US$448.5
Lowest2018/2019
Average Price 2018 i : US$71.5 Average Price 2018 i : US$600.1
Average Price 2018 i : US$1,371.0 Average Price 2018 i : US$1,535.6Average Price 2018 i : US¢12.3
Average Price 2018 i : US$380.7 (high)Average Price 2018 i : US$359.6 (low)Average Price 2018 i : US$66.9
Domestic Prices22 March 2019
Steel Bars(per MT)
RM2,150– RM2,300
Billets(per MT)
RM2,000 - RM2,100
22 Mar 2019 22 Mar 2019 22 Mar 2019
22 Mar 2019
12MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
Commodity Prices Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
1,600.4
1,580.8
1,561.01,523.2
1,473.51,479.4
1,599.1
1,665.61,657.3
1,594.4
1,491.3
1,539.2
1,300
1,350
1,400
1,450
1,500
1,550
1,600
1,650
1,700
4 Jan 11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar
US$
/mt
Cocoa
2,262
2,286
2,2752,264
2,290
2,300
2,295
2,294
2,299
2,2882,289
2,306
2,200.0
2,220.0
2,240.0
2,260.0
2,280.0
2,300.0
2,320.0
4 Jan 11 Jan 18Jan 25 Jan 31 Jan 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar
US$
/mt
Pepper
1,369.5
1,379.5
1,343.0
1,341.01,335.5
1,319.0
1,353.0
1,428.0
1,493.5
1,452.0
1,475.0
1,491.5
1,200
1,250
1,300
1,350
1,400
1,450
1,500
4 Jan 11 Jan 18 Jan 25 Jan 31 Jan 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar
US$
/mt
Rubber SMR 20
48.0
51.6
53.8 53.7
55.3
52.7
55.6
57.3
55.8 56.1
58.5 59.057.1
60.5
62.761.6
62.862.1
66.367.1
65.165.7
67.2
67.0
40
45
50
55
60
65
70
4 Jan 11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar
US$
/bbl
Crude Petroleum
Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl
503.8
524.0
530.5 532.0
529.0
542.0
551.5
567.0 566.5
549.0543.0
526.5
440
460
480
500
520
540
560
580
4 Jan 11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar
US$
/mt
Crude Palm Oil
11.9
12.8
13.0
12.4
12.6
12.7
13.0
13.3
12.6
12.2
12.5
12.6
11.5
11.7
11.9
12.1
12.3
12.5
12.7
12.9
13.1
13.3
13.5
4 Jan 11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar
US¢
/lbs
Sugar
13MITI 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 Prices Trends
15.8
15.7
15.4
15.7
15.9
15.8
15.7
16.0
15.3
15.3 15.3
15.4
15.0
15.2
15.4
15.6
15.8
16.0
16.2
4 Jan 11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar
US$
/oz
Silver
41.1
41.4
41.3 41.3
42.5
42.1
42.3
42.7
42.2
41.7
41.9
42.2
40.5
41.0
41.5
42.0
42.5
43.0
4 Jan 11 Jan 18 Jan 25 Jan 31 Jan 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar
US$
/oz
Gold
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.
2,21
0
2,18
2
2,06
9
2,25
5 2,30
0
2,23
8
2,08
2
2,05
2
2,02
6
2,03
0
1,93
9
1,92
0
1,85
4
1,86
3
1,400
1,500
1,600
1,700
1,800
1,900
2,000
2,100
2,200
2,300
2,400
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2018 2019
US$
/ to
nn
e
Aluminium
7,06
6
7,00
7
6,79
9
6,85
2
6,82
5 6,96
6
6,25
1
6,05
1
6,05
1 6,22
0
6,19
6
6,07
5
5,93
9
6,30
0
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
2018 2019
US$
/ to
nne
Copper
12,8
65 13
,596
13,3
93
13,9
38
14,3
66 15
,106
13,7
94
13,4
11
12,5
10
12,3
15
11,2
40
10,8
35 11
,523
12,6
85
7,000
8,000
9,000
10,000
11,000
12,000
13,000
14,000
15,000
16,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2018 2019
US$
/ to
nn
e
Nickel
76
.34
77
.46
70
.35
65
.75
66
.10
65
.04
64
.56
67
.15 68
.44
73
.41
73
.26
69
.15
76
.16
88
.22
60.0
65.0
70.0
75.0
80.0
85.0
90.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2018 2019
US$
/dm
tu
Iron Ore
827.2
818.0
802.1
818.3
826.7
802.5
806.9
845.9
863.7
817.6
831.8
848.4
770.0
780.0
790.0
800.0
810.0
820.0
830.0
840.0
850.0
860.0
870.0
4 Jan 11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar
US
$/o
z
Platinum
350.0 350.0
340.0
330.0 330.0
300.0 300.0 300.0
330.0
380.0 380.0 380.0 380.0 380.0
320.0 320.0
310.0
300.0
310.0
290.0 290.0 290.0
310.0
350.0 350.0 350.0 350.0 350.0
250
270
290
310
330
350
370
390
410
21 Dec 28 Dec 4 Jan 11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar22 Mar
US
$/m
t
Scrap Iron Scrap Iron/MT (High) Scrap Iron/MT(Low)
75.6 75.676.3 76.6 76.3
75.1
73.8
71.6
70.6
69.1 69.1
65.1
62.0
63.0
64.0
65.0
66.0
67.0
68.0
69.0
70.0
71.0
72.0
73.0
74.0
75.0
76.0
77.0
78.0
4 Jan 11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar
US
$/t
Coal
14MITI 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
MIT
I PR
OG
RAM
MES
MITI Secretary General delivered the opening address at the Seminar on Industry4WRD and Incentives, Sarawak
21 March 2019
15MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
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MIT
I PR
OG
RAM
MES
MITI Minister engagement session with the Group of Latin America and Carribean Countries (GRULAC)
22 March 2019
16MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
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MIT
I PR
OG
RAM
MES
MITI Minister witnessed the exchange of four Memoranda of Understanding between local and international companies
26 March 2019
17MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
Endangered SpeciesSpecies in danger of extinction and whose survival is unlikely if causal factors continue operating. Included are species whose numbers have been drastically reduced to a critical level or whose habitats have been so drastically impaired that they are deemed to be in immediate danger of extinction. Also included are those that possibly are already extinct, in so far as they definitely have not been seen in the wild for the past 50 years. Source : Environment Source Detail : Compendium of Enviroment Statistics, DOSM
EndemicNative species in a particular place or area and not taken from elsewhere.Source : Environment Source Detail : Compendium of Enviroment Statistics, DOSM
Engineering ServicesRefers to the provision of engineering services for others on a fee or contract basis. Included are engineering research, development and testing services. These services must be provided by establishments operated by persons registered under Section 7(1) of the Registration of Engineers Act, 1967 (Revised 1987).a) Include engineering design (i.e. applying physical laws and principles of engineering in the design of machines, materials, instruments, structures, processes and systems) and consulting activities for:
• machinery, industrial processes and industrial plant.• projects involving civil engineering, hydraulic engineering, traffic engineering• water management projects• projects elaboration and realization relative to electrical and electronic engineering, mining
engineering, chemical engineering, mechanical, industrial and systems engineering, safety engineering
• project management activities related to construction.b) Engineering services refers to elaboration of projects using air conditioning, refrigeration, sanitary and pollution control engineering, acoustical engineering, etc.Source : Services Source Detail : Economic Census - Business Services, DOSM
Enrichment PlantingForest restoration treatments on poor forest areas and open spaces that are performed on the areas in PRF which has been harvested to help improve the content of the forest to reach the desired level.Source : Environment Source Detail : Compendium of Environment Statistics, DOSM
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MITI Weekly Bulletin | www.miti.gov.my
Shazra Nazura bintiMohamad FirdausSenior Accountant
Siti Zarina binti Abdullah
Senior Accountant
Azamimah AlwiPrincipal Accountant
Adilah YahayaPrincipal Accountant
Heldawaty MustafaDeputy Director
Mohd Azizi Mohd AsparDirector
of Account DivisionIman Athira LailiPA to Director
Nor Atikah AdananSenior Accountant
Roziwaty JunaidiAccountant
Fazilah HamidPrincipal Assistant
Accountant
Rohaya JaafarSenior Assistant
Accountant
Nor Salina SharuddinSenior Assistant
Accountant
Emi Zakiah JoharSenior Assistant
Accountant
Muhammad Ariq Tan Abdullah
Senior Assistant Accountant
Anita a/p DavidPrincipal Assistant
Accountant
Mishar bin AhmadAssistant
Accountant
Rahmat Murdeni Ali UmarAssistant
Accountant
Nur Fatihah Abd HalimAssistant
Accountant
Syaheed Shaharani Daud Shahrani
Assistant Accountant
Norhayati Mad IsaAssistant
Accountant
Jamaiyah Abu BakarAccount
Assistant
Nur Hidayah Md AminAdministrative
Assistant
ACCOUNT DIVISION Email: [email protected]
MITI AT YOUR SERVICE
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For more information, kindly click the following links:http://www.miti.gov.my/index.php/pages/view/4761Vintage_English.pdf
For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/industry4WRD
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For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/aki?mid=535
Azamimah AlwiPrincipal Accountant
Emi Zakiah JoharSenior Assistant
Accountant
Nur Fatihah Abd HalimAssistant
Accountant
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NO DATE VENUE TOPIC
1 14 March (Thursday)
MITI PENANG
Introduction to FTA & Preferential Certificate of Origin (PCO)
2 11 April (Thursday)
MITI HQ (SEMINAR 1)
3 16 May (Thursday) MITI JOHOR
4 20 June (Thursday)
MITI HQ (SEMINAR 1)
5 18 July (Thursday)
MITI PAHANG
6 22 August (Thursday)
MITI HQ (SEMINAR 1)
7 19 September (Thursday) MITI PERAK
8 17 October (Thursday)
MITI HQ (SEMINAR 1)
9 14 November (Thursday)
MITI KELANTAN
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