Weekly MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY … Weekly... · 2019-01-15 · 21 Oct 28 Oct 4...
Transcript of Weekly MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY … Weekly... · 2019-01-15 · 21 Oct 28 Oct 4...
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
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
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
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
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
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
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
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
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
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$66.9
Domestic Prices11 January 2019
Steel Bars(per MT)
RM2,060– RM2,210
Billets(per MT)
RM1,850 - RM1,900
11 Jan 2019 11 Jan 2019 11 Jan 2019
11 Jan 2019
11MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
Commodity Prices Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
1,508.1
1,546.8 1,543.6
1,455.2
1,406.11,420.7
1,369.5
1,518.6
1,537.3
1,594.1 1,600.4
1,580.8
1,300
1,350
1,400
1,450
1,500
1,550
1,600
1,650
26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan
US$
/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
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
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
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
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
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
ANNO
UNCEM
ENTS
Tentative Schedule for MITI Pocket Talks 2018
Please click here to register
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
ANNO
UNCEM
ENTS
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/
ANNO
UNCEM
ENTS
FROM 1 DECEMBER 2018 - 31 MAY 2019
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
20MITI 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 Weekly Bulletin (MWB) Mobile Apps
MITI MWB APPs is now available for IOS, Android and Windows platforms. MWB APPs can be download from Gallery of Malaysian Government Mobile APPs (GAMMA) at the link: http://gamma.malaysia.gov.my/#/appDetails/85
Dear Readers,
Kindly click the link below for any comments in this issue. MWB reserves the right to edit and republish letters as reprints. http://www.miti.gov.my/index.php/forms/form/13
MWB Editorial members wish all MWB Readers a Happy Ponggal and Thaipusam 2019