Weekly MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY … Weekly... · 2019-01-15 · 21 Oct 28 Oct 4...

20
1 MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446 VOLUME 519 MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY Weekly BULLETIN 15 January 2019 | NO. ISSN : 2180-0448 Media Release MITI Continues to be the Leading Ministry in Promoting Trade & Investment for Malaysia. Ready and Open to Collaborate with Relevant Ministries & Agencies to Achieve National Economic Agenda Since its inception in 1956, the Ministry of International Trade and Industry (MITI) has been entrusted with the responsibility to plan, legislate and implement international trade, industrial and investment policies in order for Malaysia to achieve its national economic policy agenda. With key agencies such as MIDA and MATRADE, MITI has been spearheading the economic growth of the country and national agenda on both trade and investments. The expertise held by these two (2) esteemed establishments and other agencies in MITI have attracted high value investments and created business opportunities as well as employment opportunities for Malaysia’s growing, talented and innovative work force. The strategies undertaken by MITI in attracting investments has been fruitful where for the past 10 years, a staggering amount of RM1.9 trillion of private investments in all economic sectors have been approved, namely in the manufacturing, services and primary sector. Even though the world investment market is experiencing an economic slowdown, in 2017 alone, Malaysia recorded approved investments of RM197.1 billion in the manufacturing, services and primary sectors. These are from 5,466 projects that will generate an additional 139,520 job opportunities for the country. Malaysia’s trade registered stellar performance in 2017, growing at the highest rate in 13 years and trade remained steady in November 2018, growing by 3.2% to RM162.03 billion compared to the same month in 2017. Exports posted a growth of 1.6% year-on-year (y-o-y) to RM84.79 billion in November 2018, while imports were up by 5% to RM77.24 billion. This resulted in trade surplus of RM7.55 billion. This surplus marked 253rd consecutive month of trade surplus since November 1997 (21st consecutive year of trade surplus). This remarkable achievement was made possible as a result of strong coordination and cooperation that have been established between MITI and other Ministries and agencies.The recent restructuring of ministries was conducted to strengthen government’s functions and delivery system as well as to address overlapping functions. YB Minister Darell Leiking was quoted today by saying “MITI will focus to work with all Ministries to bring in the domestic and international investors into our ecosystem. At the same time, MITI undertakes to continuously develop the industries by forming the right synergy and collaboration with potential investors. Each and every Ministry has their own role to play in achieving Malaysia’s economic policy agenda”. By having the right capabilities, networks and machineries through its group of agencies and dedicated officers and staffs all over the world in promoting trade and investments for Malaysia, MITI believes that the duplication of its tasks by other Ministry will not only create confusions or delays but also a wastage of tax-payers funds. MITI is committed and ever willing to enter into discussions with other Ministry or agency and to come out with collective strategies for the purpose of achieving greater heights for Malaysia in terms of trade and investment. With its vast experience in handling trade and investment issues and complexities, other Ministries will benefit tremendously by working in synergy with MITI. Moving forward, MITI has already started formulating the Fourth Industrial Masterplan in its continuous effort to strengthen the economic growth of the country and in line with the global trends, MITI has led the preparation of the National Policy of Industry 4.0 (Industry4WRD) to chart Malaysia’s Digital Transformation in the manufacturing and services sectors. MITI shall continue to be the leading Ministry in promoting trade and investment for Malaysia. In executing this role, MITI is open and ready to work in tandem with other ministries, agencies, stakeholders and other entities in order for Malaysia to be the best investment and trade destination in this region. Ministry of International Trade & Industry 8 January 2019

Transcript of Weekly MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY … Weekly... · 2019-01-15 · 21 Oct 28 Oct 4...

Page 1: Weekly MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY … Weekly... · 2019-01-15 · 21 Oct 28 Oct 4 Nov 11 Nov 18 Nov 25 Nov 2 Dec 9 Dec 16 Dec 23 Dec 30 Dec 6 Jan RM mil. No. of

1MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

VOLUME 519

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRYWeekly

B U L L ET I N15 January 2019 | NO. ISSN : 2180-0448

Med

ia R

elea

se

MITI Continues to be the Leading Ministry in PromotingTrade & Investment for Malaysia.

Ready and Open to Collaborate with Relevant Ministries & Agencies to Achieve National Economic Agenda

Since its inception in 1956, the Ministry of International Trade and Industry (MITI) has been entrusted with the responsibility to plan, legislate and implement international trade, industrial and investment policies in order for Malaysia to achieve its national economic policy agenda.

With key agencies such as MIDA and MATRADE, MITI has been spearheading the economic growth of the country and national agenda on both trade and investments. The expertise held by these two (2) esteemed establishments and other agencies in MITI have attracted high value investments and created business opportunities as well as employment opportunities for Malaysia’s growing, talented and innovative work force.

The strategies undertaken by MITI in attracting investments has been fruitful where for the past 10 years, a staggering amount of RM1.9 trillion of private investments in all economic sectors have been approved,

namely in the manufacturing, services and primary sector. Even though the world investment market is experiencing an economic slowdown, in 2017 alone, Malaysia recorded approved investments of RM197.1 billion in the manufacturing, services and primary sectors. These are from 5,466 projects that will generate an additional 139,520 job opportunities for the country.

Malaysia’s trade registered stellar performance in 2017, growing at the highest rate in 13 years and trade remained steady in November 2018, growing by 3.2% to RM162.03 billion compared to the same month in 2017. Exports posted a growth of 1.6% year-on-year (y-o-y) to RM84.79 billion in November 2018, while imports were up by 5% to RM77.24 billion. This resulted in trade surplus of RM7.55 billion. This surplus marked 253rd consecutive month of trade surplus since November 1997 (21st consecutive year of trade surplus).

This remarkable achievement was made possible as a result of strong coordination and cooperation that have been established between MITI and other Ministries and agencies.The recent restructuring of ministries was conducted to strengthen government’s functions and delivery system as well as to address overlapping functions. YB Minister Darell Leiking was quoted today by saying “MITI will focus to work with all Ministries to bring in the domestic and international investors into our ecosystem. At the same time, MITI undertakes to continuously develop the industries by forming the right synergy and collaboration with potential investors. Each and every Ministry has their own role to play in achieving Malaysia’s economic policy agenda”.

By having the right capabilities, networks and machineries through its group of agencies and dedicated officers and staffs all over the world in promoting trade and investments for Malaysia, MITI believes that the duplication of its tasks by other Ministry will not only create confusions or delays but also a wastage of tax-payers funds.

MITI is committed and ever willing to enter into discussions with other Ministry or agency and to come out with collective strategies for the purpose of achieving greater heights for Malaysia in terms of trade and investment. With its vast experience in handling trade and investment issues and complexities, other Ministries will benefit tremendously by working in synergy with MITI.

Moving forward, MITI has already started formulating the Fourth Industrial Masterplan in its continuous effort to strengthen the economic growth of the country and in line with the global trends, MITI has led the preparation of the National Policy of Industry 4.0 (Industry4WRD) to chart Malaysia’s Digital Transformation in the manufacturing and services sectors.

MITI shall continue to be the leading Ministry in promoting trade and investment for Malaysia. In executing this role, MITI is open and ready to work in tandem with other ministries, agencies, stakeholders and other entities in order for Malaysia to be the best investment and trade destination in this region.

Ministry of International Trade & Industry8 January 2019

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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

Mal

aysi

a St

atis

tics

Monthly Manufacturing Statistics

Employment

Sales

Manufacturing Index

November2018

Indicator Growth (%)

113.9 3.6% 117.9

2.0% 1,075,925 persons

1,054,705 persons

7.7% RM71.8bil. RM66.6bil.

9.0% RM3,847mil.

Salaries & Wages

RM3,530mil.

3.7% RM138.4bil. RM133.5bil.

Trade of manufactured goods

Source : Department of Statistics, Malaysia

Note: % refer to Year -on-Year Growth

November2017

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3MITI 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

aysi

a St

atis

tics

Source: Department of Statistics, Malaysia

Producer Price Index (PPI) for Local ProductionNovember 2018

The Producer Price Index (PPI) for local production decreased 2.9 per cent in November 2018

as compared to November 2017.

Year-on-Year

-2.9%Nov. 2018: 105.2 Nov. 2017: 108.3

Month-on-Month

-2.8%Nov. 2018: 105.2Oct. 2018: 108.2

Percentage Change of Index (PPI) by Sector

Agriculture, forestry & fishing

-22.7%Nov. 2018: 87.5 Nov. 2017: 113.2

Mining4.5%

Nov. 2018: 102.8 Nov. 2017: 98.4

Electricity & gas supply1.2%

Nov. 2018: 116.2 Nov. 2017: 114.8

Water supply-0.1%

Nov. 2018: 114.3 Nov. 2017: 114.4

Manufacturing-1.8%

Nov.2018:106.7Nov.2017:108.7

Percentage Change of Index (PPI) by Stage of Processing

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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

Mal

aysi

a St

atis

tics

Source: Department of Statistics, Malaysia

Wholesale and retail tradeNovember 2018

Peformance by sub-sector

Volume index of wholesale and retail trade

Sales value recorded RM106.2 billion in November 2018.

Note: Percentage changge Year-on-Year

Note: Percentage changge Year-on-Year

Note: Percentage changge Year-on-Year

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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

Inte

rnat

iona

l St

atis

tics

Australia Economic Indicators 2017

and YOU...ators 2017

24.6 millionPopulat ion

1.6% annualG r o w t h r a t e

2.6% Employment in Agriculture

19.1% Employment in Industry

78.3% Employment in Services US$1.4 trillion

GDP at constant prices

2.0% annualG r o w t h r a t e

US$46.4b i l l i o n

F D I F l o w Inward

F D I F l o w Outward

US$4.9 b i l l i o n

US$662.3b i l l i o n

F D I Stock Inward

F D I S t o c k Outward

US$460.6 b i l l i o n

US$66.6 b i l l i o nCommercialS e r v i c e sI m p o r t s

US$64.0b i l l i o nCommercialS e r v i c e sE x p o r t s

US$228.6 b i l l i o nMerchandiseG o o d sI m p o r t s

US$231.1 b i l l i o nMerchandiseG o o d sE x p o r t s

Malaysia's Trade with Australia 2008 - Nov 2018

Source: Department of Statistics, Malaysia

Source: www.statistics.apec.org

21 Members

24.420.2

24.0 25.729.1 29.2

33.028.1 26.8

32.4 30.3

11.79.5 10.2

12.8 14.6 16.520.2

17.6 15.620.1 19.8

36.129.7

34.238.5

43.7 45.7

53.2

45.742.4

52.550.1

0

10

20

30

40

50

60

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 (Jan-Nov)I

RM billion

Exports Imports Total Trade

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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

Inte

rnat

iona

l M

erch

andi

se T

rade

Notes : - % Share in Malaysia’s export - *Refers to HS 720120Source: http://www.trademap.org/Index.aspx

M a l a y s i a w a s t h e l a r g e s t e x p o r t e r o f N o n - a l l o y p i g i r o n i n p i g s , b l o c k s o r o t h e r p r i m a r y f o r m s ,

c o n t a i n i n g b y w e i g h t > = 0 , 5 % p h o s p h o r u s * i n 2 0 1 7

MalaysiaUS$16.8m

62.4%GermanyUS$4.1m

15.4%

AlgeriaUS$3.5m

12.9%

Viet NamUS$1.0m

3.7%USA

US$0.4m

1.6%

1 2

34 5

Malaysia’s Top Five Export Destinations

Turkey

Thailand

Chinese Taipei

48.9% US$8.2m42.0%

US$7.1m9.1% US$1.5m

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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

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

160

0

10

20

30

40

50

60

70

80

21 O

ct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

500

1,000

1,500

2,000

2,50021

Oct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

1,600

1,800

21 O

ct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

21 O

ct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

21 O

ct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

0

500

1,000

1,500

2,000

2,500

3,000

3,500

21 O

ct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

1,600

0

50

100

150

200

250

300

350

400

450

500

21 O

ct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

Page 8: Weekly MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY … Weekly... · 2019-01-15 · 21 Oct 28 Oct 4 Nov 11 Nov 18 Nov 25 Nov 2 Dec 9 Dec 16 Dec 23 Dec 30 Dec 6 Jan RM mil. No. of

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)

0

200

400

600

800

1,000

1,200

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,00021

Oc

t

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

0

20

40

60

80

100

120

21 O

ct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

0.00

0.10

0.20

0.30

0.40

0.50

0.60

21 O

ct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

1,600

21 O

ct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

50

100

150

200

250

300

350

400

450

500

0

10

20

30

40

50

60

70

80

90

100

21 O

ct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

21 O

ct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

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

0

50

100

150

200

250

21 O

ct

28 O

ct

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Turkey Free Trade Agreement (MTFTA)

Total FOB (RM mil.) Total CO

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

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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

Malaysian Ringgit Exchange Rate with Selected Countries,January 2017 - December 2018

Source : Bank Negara Malaysia

US Dollar

Euro

South Korean Won

Pound Sterling

Australian Dollar

Brunei Dollar

4.4596

3.8862

4.1729

3.50

3.60

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

2017 2018

RM

USD 1 = RM

4.7389

5.0606

4.6736

4.7484

4.40

4.50

4.60

4.70

4.80

4.90

5.00

5.10

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

2017 2018

RM

EUR 1 = RM

0.3778

0.3915

0.3606

0.3719

0.35

0.35

0.36

0.36

0.37

0.37

0.38

0.38

0.39

0.39

0.40

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

2017 2018

RM

KRW 100 = RM

5.4963

5.6062

5.26865.2859

5.00

5.10

5.20

5.30

5.40

5.50

5.60

5.70

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

2017 2018

RM

GBP 1 = RM

3.3241

3.4124

2.9564

2.9965

2.70

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

2017 2018

RM

AUD 1 = RM

3.1214

3.1583

2.9452

3.0453

2.80

2.85

2.90

2.95

3.00

3.05

3.10

3.15

3.20

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

2017 2018

RM

BND 1 = RM

Page 10: Weekly MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY … Weekly... · 2019-01-15 · 21 Oct 28 Oct 4 Nov 11 Nov 18 Nov 25 Nov 2 Dec 9 Dec 16 Dec 23 Dec 30 Dec 6 Jan RM mil. No. of

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.my

Commodity Prices

2.9%*US$330.0

(high)

11 Jan 2019

3.2%*US$300.0

(low)

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

CRUDE PETROLEUM (BRENT) -per bbl-

6.0%*US$60.5

11 Jan 2019

CRUDE PALM OIL -per MT-

4.0%*US$503.8

11 Jan 2019

RUBBER SMR 20 -per MT-

0.7%*US$1,379.5

COCOA SMC 2 -per MT-

1.2%* US$1,580.8

COAL -per MT-

%*US$75.6

SUGAR -per lbs-

7.1%*US¢12.8

SCRAP IRON HMS -per MT-

5 Oct 2018 : US$84.2

Highest2018/2019

11 Jan 2019 : US$60.5

4 Jan 2019 : US$57.1 28 Dec 2018 : US$52.2

Lowest2018/2019

9 Mar 2018 : US$691.5

Highest2018/2019

11 Jan 2019 : US$524.0

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$1,535.6 Average 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 Prices11 January 2019

Steel Bars(per MT)

RM2,060– RM2,210

Billets(per MT)

RM1,850 - RM1,900

11 Jan 2019 11 Jan 2019 11 Jan 2019

11 Jan 2019

Page 11: Weekly MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY … Weekly... · 2019-01-15 · 21 Oct 28 Oct 4 Nov 11 Nov 18 Nov 25 Nov 2 Dec 9 Dec 16 Dec 23 Dec 30 Dec 6 Jan RM mil. No. of

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

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.

1,508.1

1,546.8 1,543.6

1,455.2

1,406.11,420.7

1,369.5

1,518.6

1,537.3

1,594.1 1,600.4

1,580.8

1,300

1,350

1,400

1,450

1,500

1,550

1,600

1,650

26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan

US$

/mt

Cocoa

1,798 1,800

1,871

1,974

2,005

2,106

2,250

2,240 2,241

2,2532,262

2,286

1,700.0

1,800.0

1,900.0

2,000.0

2,100.0

2,200.0

2,300.0

2,400.0

26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan

US$

/mt

Pepper

1,315.0

1,261.0

1,252.0

1,236.5

1,217.5

1,236.0

1,252.01,249.5

1,289.0

1,281.5

1,369.5

1,379.5

1,200

1,220

1,240

1,260

1,280

1,300

1,320

1,340

1,360

1,380

26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan

US$

/mt

Rubber SMR 20

67.6

63.1

60.2

56.5

50.4 50.952.6

51.2

45.6 45.3

48.0

51.6

77.6

72.8

70.2

66.8

58.8 58.7

61.760.3

53.852.2

57.160.5

40

45

50

55

60

65

70

75

80

26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan

US$

/bbl

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

536.5

518.0

507.5

484.0

448.5

461.0468.0

475.0

480.5

503.5503.8

524.0

440

460

480

500

520

540

560

26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan

US$

/mt

Crude Palm Oil

13.8

13.4

12.7 12.7

12.5

12.8 12.9

12.7

12.3 12.4

11.9

12.8

10.0

10.5

11.0

11.5

12.0

12.5

13.0

13.5

14.0

14.5

26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan

US¢

/lbs

Sugar

Page 12: Weekly MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY … Weekly... · 2019-01-15 · 21 Oct 28 Oct 4 Nov 11 Nov 18 Nov 25 Nov 2 Dec 9 Dec 16 Dec 23 Dec 30 Dec 6 Jan RM mil. No. of

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

14.7 14.8

14.1

14.4

14.4

14.2

14.7

14.6

14.7

15.4

15.8

15.7

14.0

14.2

14.4

14.6

14.8

15.0

15.2

15.4

15.6

15.8

16.0

26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan

US$

/oz

Silver

39.7 39.6

39.0

39.3 39.3

39.1

40.0

39.7

40.5

41.1 41.1

41.4

38.0

38.5

39.0

39.5

40.0

40.5

41.0

41.5

42.0

26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan

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.

1,79

1 1,86

1 1,

901

1,92

1 1,

913

1,88

5 1,

903

2,03

0 2,09

6 2,

131

2,09

7 2,

080

2,21

0 2,

182

2,06

9 2,

255 2,30

0 2,

238

2,08

2 2,

052

2,02

6 2,

030

1,93

9 1,

920

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 Se

pO

ctN

ov

Dec Jan

Feb

Mar

Apr

May Jun

Jul

Aug Se

pO

ctN

ov

Dec

2017 2018

US$

/ to

nn

e

Aluminium

5,75

5 5,94

1 5,

825

5,68

4 5,

600

5,72

0 5,

985

6,48

6 6,

577 6,

808

6,82

7 6,

834 7,

066

7,00

7 6,

799

6,85

2 6,

825 6,96

6 6,

251

6,05

1 6,

051 6,

220

6,19

6 6,

075

4,000

4,500

5,000

5,500

6,000

6,500

7,000

7,500

Jan

Feb

Mar

Apr

May Jun Jul

Aug Se

pO

ctN

ov

Dec Jan

Feb

Mar

Apr

May Jun Jul

Aug Se

pO

ctN

ov

Dec

2017 2018

US$

/ to

nn

e

Copper

9,97

1 10,6

43

10,2

05

9,60

9 9,

155

8,93

2 9,49

1 10

,890

11

,216

11

,336

11

,972

11

,495

12

,865

13,5

96

13,3

93

13,9

38

14,3

66 15

,106

13

,794

13

,411

12

,510

12

,315

11

,240

10

,835

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 Se

pO

ctN

ov

Dec Jan

Feb

Mar

Apr

May Jun Jul

Aug Se

pO

ctN

ov

Dec

2017 2018

US$

/ to

nn

e

Nickel

80

.41

89

.44

87

.65

70

.22

62

.43

57

.48

67

.74

76

.07

71

.53

61

.66

64

.24

72

.25 7

6.3

4

77

.46

70

.35

65

.75

66

.10

65

.04

64

.56

67

.15

68

.44 7

3.4

1

73

.26

69

.15

30.0

40.0

50.0

60.0

70.0

80.0

90.0

100.0

Jan

Feb

Mar

Ap

r

May Jun

Jul

Au

g

Sep

Oct

No

v

De

c

Jan

Feb

Mar

Ap

r

May Jun

Jul

Au

g

Sep

Oct

No

v

De

c

2017 2018

US$

/dm

tu

Iron Ore

834.4

875.7

856.0

846.6845.0

799.8

790.4785.3

799.1

796.4

827.2

818.0

770.0

790.0

810.0

830.0

850.0

870.0

890.0

26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan

US

$/o

z

Platinum

380.0 380.0 380.0 380.0 380.0 380.0 380.0 380.0

350.0 350.0 350.0 350.0

340.0

330.0

350.0 350.0

360.0

350.0 350.0 350.0 350.0 350.0

320.0 320.0 320.0 320.0

310.0

300.0

250

270

290

310

330

350

370

390

12 Oct 19 Oct 26 Oct 2 Nov 9 Nov 16 Nov23 Nov30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan

US

$/m

t

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

77.6

78.1

77.6

78.1

77.1

73.6

74.7

76.1 76.1

75.2

75.6

75.6

73.0

75.0

77.0

79.0

26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan

US

$/t

Coal

Page 13: Weekly MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY … Weekly... · 2019-01-15 · 21 Oct 28 Oct 4 Nov 11 Nov 18 Nov 25 Nov 2 Dec 9 Dec 16 Dec 23 Dec 30 Dec 6 Jan RM mil. No. of

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

MIT

I PR

OG

RAM

MES

Perhimpunan Perdana MITI & Agensi14 January 2019

Page 14: Weekly MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY … Weekly... · 2019-01-15 · 21 Oct 28 Oct 4 Nov 11 Nov 18 Nov 25 Nov 2 Dec 9 Dec 16 Dec 23 Dec 30 Dec 6 Jan RM mil. No. of

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 Brainstorming 2019

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15MITI 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

Biochemical oxygen demandDissolved oxygen required by organisms for the aerobic decomposition of organic matter present in water. This measurement is usually taken over 5 days.Source : Environment Source Detail : Compedium of Environment, DOSM

BiodegradationProcess by which organic substances are decomposed by micro-organisms (mainly aerobic bacteria) into simpler substances such as carbon dioxide, water and ammonia. Source : Environment Source Detail : Compedium of Environment, DOSM

Biological diversity The variability among living organisms from various sources including terrestrial, marine and other aquatic ecosystems; this includes diversity at the genetic, species and ecosystem level. This difinition is adopted by the United Nations Convention on Biological Diversity.Source : Environment Source Detail : Compedium of Environment, DOSM

BiomassTotal living weight (generally in dry weight) of all organisms in a particular area or habitat. It is sometimes expressed as weight per unit area of land or per unit volume of water. Source : Environment Source Detail : Compedium of Environment, DOSM

BiotaLiving component of an ecosystem or simply all living organisms that exist in an area. Source : Environment Source Detail : Compedium of Environment, DOSM

BrackishwaterWater containing salts at a concentration significantly lower than that of sea water. The concentration of total dissolved salts is usually in the range of 1,000 - 10,000 milligrams per litre (mg/l).Source : Environment Source Detail : Compedium of Environment, DOSM

C.i.f. PriceThe C.i.f. Price (i.e. cost, insurance and freight price) is the price of a good delivered at the frontier of the importing country, or the price of a service delivered to a resident before the payment of any import duties or other taxes on imports or trade and transport margins within the country.Source : National Accounts Source Detail : Gross Domestic Product (GDP), DOSM

Cage culture systemSystem of fish culture in an enclosure on whatever shape or size made of any screening material and attached to floating structures which are anchored to the sea-bed.Source : Environment Source Detail : Compedium of Environment, DOSM

Capital expenditureRefers to the value of purchases and own-account construction of fixed assets during the reference year. Major additions, alterations and improvements to the existing assets that extend their normal economic life or raise productivity are also included in this definition.Source : National Accounts Source Detail : Gross Domestic Product (GDP), DOSM

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16MITI 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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Tentative Schedule for MITI Pocket Talks 2018

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17MITI 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

For more information, kindly click the following links:http://www.miti.gov.my/miti/resources/Approve%20Permit/AP%20Announcement/Lampiran_GP_Classic_and_Vintage_English.pdf

For more information, kindly click the following links:http://www.miti.gov.my/index.php/pages/view/4761Vintage_English.pdf

PROGRAMME

Issuance of APEC Business Travel Card is temporarily suspendedImmigration Department of Malaysia has issued a notice that due to unavoidable circumstances, the issuance of APEC Business Travel Card is temporarily suspended and ABTC card will not be printed for approved applicants until further notice.

Kindly refer: http://www.imi.gov.my/index.php/en/resources-and-archives/announcement/1784-notice-of-apec-card-production-suspended-time.html

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18MITI 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

For more information, kindly visit http://www.isi2019.org/

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FROM 1 DECEMBER 2018 - 31 MAY 2019

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19MITI 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

MITI @ Your Service

John Patrick AntonysamySenior Director Strategic Planning

Azrin Adlina Zainol AbidinSenior Principal Assistant Director

Hasimah IsmailPA to Senior Director

Strategic Planning | Email: [email protected]

Dr. Sharon Chang Yean FangDirector

Ching Hea ChooSenior Principal Assistant Director

Thilaga Valli SubramaniamSenior Principal Assistant Director

Abang Saifulhadi Abang Haji IbrahimStatistician E52

Syed Ibrahim Mohd JamaluddinStatistician E48

Zulaika Hj KamatStatistician E44

Nor Farahdila HairomanStatistician E44

Norashikin NasokhaAssistant Statistical Officer

Dr Syed Fatimah Kamal BatchaSenior Principal Assistant Director

Noor Marlina Ahmad RudzlyPrincipal Assistant Director

Samini Ferdous SandrakanthamPrincipal Assistant Director

Nor Haida ShahimiPrincipal Assistant Director

Farah Nadia MarwilisPrincipal Assistant Director

Juridzan Mohd RashidPrincipal AssistantAdministrative Officer

Sharifah Mohd TamimAdministrative Assistant

Nor Fadilah SabriAdministrative Assistant

Muhamad Saufulazwan ShapieeOperational Assistant

Catherine RiduDirector

Chandran A/l V. PeriasamyDirector

Osmeliza OthmanPA to Senior Director

Izyan Yasmin AzlanPA to Director

Siti Norlailasari Abdul RahmanSenior Director Research and Statistics

Statistics

Research

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20MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

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