MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
ASEAN to Strengthen Ties, Seek Global Collaboration
Ministry of International Trade and Industry, 7 September 2016
Despite differences, the Association of Southeast Asian Nations (ASEAN) has the common goal of making the region economically stronger and seeking more collaboration with other countries and regions, officials said on Monday.
ASEAN has achieved a lot in terms of economic integration and looks forward to more collaboration with other countries, including China, Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry of Malaysia, told the ASEAN Business and Investment Summit (ABIS) held on Monday afternoon in Vientiane, Laos.
The three-day summit, with the theme of “Operationalizing the ASEAN Economic Community - turning vision into reality,” will address issues such as free trade agreements, energy and infrastructure development in the region and technology. The ABIS features more than 400 companies across the ASEAN region. The ASEAN economy is expected to grow at 7 percent annually, with total GDP reaching $4.7 trillion in 2020, and the possibility of becoming the fourth-largest economy in the world by 2030, according to studies, Laotian Prime Minister Thongloun Sisoulith said in his opening remarks for the summit. “We’ll grow together,” Dr. Enggartiasto Lukita, minister of trade of the Republic of Indonesia, said during the summit.
China has grown to be the largest trading partner of ASEAN, and it was the first country to establish a strategic partnership with ASEAN and the first non-ASEAN signatory to sign the ASEAN Treaty of Amity and Cooperation, the Xinhua News Agency reported in November 2015. From January to February, China’s trade with ASEAN countries reached $61.5 billion, accounting for 12 percent of its total trade, according to the Chinese Ministry of Commerce.ASEAN members see China as a crucial market offering more investment and business opportunities, officials told the summit.“Malaysia is a very active supporter of [the China-proposed] ‘One Belt and One Road’ initiative and investment from China,” Mohamed told the Global Times after the summit. He also noted that Malaysia is willing to strengthen economic and trade ties with China as well as other countries under the Regional Comprehensive Economic Partnership (RCEP) negotiation.
The RCEP negotiations were launched during the 21st ASEAN Summit in Phnom Penh, Cambodia in November 2012. The 14th round of negotiations involving the RCEP was held from August 10 to 19 in Ho Chi Minh City, Vietnam and representatives from ASEAN, China, Japan, South Korea, Australia, New Zealand and India talked about cargo, services and investment.
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Sources: Department of Statistics, Malaysia.
Distributive trade statistics constitute a subject area of economic statistics concerned with provision of data on economic units whose main activity is wholesaling and retailing (that is to say, sale without transformation) of any types of goods together with performing services incidental to sales such as repair, installation and delivery.
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Global Innovation Index 2016
Singapore Global Rank : 6 (Score: 59.2)
Malaysia Global Rank : 35 (Score: 43.4)
Thailand Global Rank : 52 (Score: 36.5)
Viet NamGlobal Rank : 59 (Score: 35.4)
Philippines Global Rank :74(Score: 36.5)
Indonesia Global Rank : 88 (Score: 29.1)
CambodiaGlobal Rank : 95(Score: 27.7)
Ease of Starting a Business : 1 (10*)Ease of Getting Credit: 2 (18*) FDI net Inflows (% of GDP) : 1 (1*)High-tech Net exports (% of Total Trade) : 2 (1*)Government Effectiveness: 1 (1*)
Ranking for Selected Indicators:
Ease of Starting a Business : 2 (14*)Ease of Getting Credit: 3 (27*) FDI net Inflows (% of GDP) : 4 (58*)High-tech Net exports (% of Total Trade) : 1 (1*)Government Effectiveness: 2 (27*)
Ease of Starting a Business : 3 (73*)Ease of Getting Credit: 6 (81*) FDI net Inflows (% of GDP) : 7 (99*)High-tech Net exports (% of Total Trade) : 4 (10*)Government Effectiveness: 3 (50*)
Ease of Starting a Business : 4 (88*)Ease of Getting Credit: 4 (27*) FDI net Inflows (% of GDP) : 3 (29*)High-tech Net exports (% of Total Trade) : 3 (1*)Government Effectiveness: 6 (72*)
Ease of Starting a Business : 5 (118*)Ease of Getting Credit: 7 (92*) FDI net Inflows (% of GDP) : 6 (74*)High-tech Net exports (% of Total Trade) : n/aGovernment Effectiveness: 4 (58*)
Ease of Starting a Business : 6 (122*)Ease of Getting Credit: 5 (63*) FDI net Inflows (% of GDP) : 5 (59*)High-tech Net exports (% of Total Trade) : 5 (41*)Government Effectiveness: 5 (69*)
Ease of Starting a Business : 7 (127*)Ease of Getting Credit: 1 (14*) FDI net Inflows (% of GDP) : 2 (9*)High-tech Net exports (% of Total Trade) : 6 (66*)Government Effectiveness: 7 (105*)
The Global Innovation Index (GII) aims to capture the multi-dimensional facets of innovation and provide the tools that can assist in tailoring policies to promote long-term output growth, improved productivity, and job growth. The GII helps to create an environment in which innovation factors are continually evaluated.
Source: https://www.globalinnovationindex.org/gii-2016-report#Note: * Global Rank
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https://inbox-static.waze.com/driverindex.pdf
InternatIonal reportDriver Satisfaction Index 2016
By Country12
345
67
89
10
NetherlandsFrance
United StatesCzech RepublicSweden
United Arab EmiratesLatvia
HungarySlovakiaItaly
23 Malaysia 32 Singapore 34 Indonesia 37 Philippines
By Metro12
34
5
56
78
9
Valence, FranceTours, FranceLemans, FranceSaint-Etienne, FranceGreensboro, Nc, US
Avignon, FranceReims, FranceNimes, FranceDouai-Lens, FranceOrleans, France
94 Central Malacca 97 Kuala Terengganu
Malaysia105 Kuala Muda
124 Kota Bharu 131 Kuching 134 Kuantan
137 Kuala Lumpur 138 Kinta 139 Batu Pahat
140 Johor Bahru 164 Kota Kinabalu 166 Larut & Matang
The Waze Driver Satisfaction Index analyzes the driving experience of millions of monthly active Waze users in 38 countries and 235 metros to create a single numeric score. Many traffic indices only look at a single quantifiable factor such as time spent in traffic. The Driver Satisfaction Index measures six qualitative and quantitative attributes to provide an unprecedented look at the overall driver experience in cities and countries worldwide. While Waze has more than 65 million monthly active users globally in 185 countries, Waze chose to focus on countries and metros with more than 20,000+ monthly active users to ensure data accuracy and fair market comparisons.
Note:
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DID You KnowList of 25 Malaysian Ministries’ Website
Prime Minister’s Department www.jpm.gov.my
Ministry of Finance www.treasury.gov.m
Ministry of Home Affairs www.moha.gov.my
Ministry of Transport www.mot.gov.my
Ministry of Health www.moh.gov.my
Ministry of Plantations Industries and Commodities www.kppk.gov.my
Ministry of Tourism and Culture www.motac.gov.my
Ministry of Defence www.mod.gov.my
Ministry of International Trade and Industry www.miti.gov.my
Ministry of Energy, Green Technology and Water www.kettha.gov.my
Ministry of Agriculture & Agro-Based Industry www.moa.gov.my
Ministry of Rural and Regional Development www.rurallink.gov.my
Ministry of Foreign Affairs www.kln.gov.my
Ministry of Science, Technology & Innovation www.mosti.gov.my
Ministry of Women, Family and Community Development www.kpwkm.gov.my
Ministry of Works www.kkr.gov.my
Ministry of Human Resources www.mohr.gov.my
Ministry of Federal Territories www.kwp.gov.my
Ministry of Higher Education www.mohe.gov.my
Ministry of Youth and Sports www.kbs.gov.my
Ministry of Domestic Trade, Co-operatives & Consumerism www.kpdnkk.gov.my
Ministry of Natural Resources and Environment www.nre.gov.my
Ministry of Education www.moe.gov.my
Ministry of Communications & Multimedia www.kkmm.gov.my
Ministry of Urban Wellbeing, Housing & Local Government www.kpkt.gov.my
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Note: The preference giving countries under the GSP scheme are Liechtenstein, the Russian Federation, Japan, Switzerland, Belarus, Kazakhstan and Norway.
Source: Ministry of International Trade and Industry, Malaysia
Number and Value of Preferential Certificates of Origin (PCOs)
0
20
40
60
80
100
120
140
160
180
0
5
10
15
20
25
30
35
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
Generalised System of Preferences (GSP)
Total FOB (RM mil.) Total CO
0
1,000
2,000
3,000
4,000
5,000
6,000
0
500
1,000
1,500
2,000
2,50026
Jun
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
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
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
0
100
200
300
400
500
600
700
800
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
ASEAN-China Free Trade Agreement (ACFTA)
Total FOB (RM mil.) Total CO
0
200
400
600
800
1,000
1,200
0
100
200
300
400
500
600
700
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
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
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
ASEAN-Japan Comprehensive Economic Partnership (AJCEP)
Total FOB (RM mil.) Total CO
0
100
200
300
400
500
600
700
800
0
50
100
150
200
250
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
ASEAN-India Free Trade Agreement (AIFTA)
Total FOB (RM mil.) Total CO
0
200
400
600
800
1,000
1,200
0
20
40
60
80
100
120
140
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)
Total FOB (RM mil.) Total CO
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Number and Value of Preferential Certificates of Origin (PCOs)
Source: Ministry of International Trade and Industry, Malaysia
0
200
400
600
800
1,000
1,200
0
50
100
150
200
250
300
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
Malaysia-Japan Economic Partnership (MJEPA)
Total FOB (RM mil.) Total CO
0
20
40
60
80
100
120
140
160
180
200
0
20
40
60
80
100
120
140
160
180
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
Malaysia-Pakistan Closer Economic Partnership (MPCEPA)
Total FOB (RM mil.) Total CO
0
2
4
6
8
10
12
14
16
18
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
1.6
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
Malaysia-New Zealand Free Trade Agreement (MNZFTA)
Total FOB (RM mil.) Total CO
0
20
40
60
80
100
120
0
2
4
6
8
10
12
14
16
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
Malaysia-China Free Trade Agreement (MCFTA)
Total FOB (RM mil.) Total CO
0
50
100
150
200
250
300
350
400
0
10
20
30
40
50
60
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)
Total FOB (RM mil.) Total CO
0
50
100
150
200
250
300
350
400
450
500
0
20
40
60
80
100
120
140
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
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
20
40
60
80
100
120
140
160
26 J
un
3 Ju
l
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
Malaysia-Turkey Free Trade Agreement (MTFTA)
Total FOB (RM mil.) Total CO
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United State of America
Philippines
Viet Nam
Hong Kong SAR
Indonesia
India
Source : Bank Negara Malaysia
Malaysian Ringgit Exchange Rate with Selected Countries,January 2015 - August 2016
3.58
4.03
2.60
2.80
3.00
3.20
3.40
3.60
3.80
4.00
4.20
4.40
4.60
Jan
Feb
Ma
r
Apr
Ma
y
Jun Jul
Aug Se
p
Oct
Nov
Dec Ja
n
Feb
Ma
r
Apr
Ma
y
Jun Jul
Aug
2015 2016
RM
USD 1 = RM
8.04
8.63
7.40
7.60
7.80
8.00
8.20
8.40
8.60
8.80
9.00
9.20
9.40
Jan
Feb
Ma
r
Apr
Ma
y
Jun Jul
Aug Se
p
Oct
Nov
Dec Ja
n
Feb
Ma
r
Apr
Ma
y
Jun Jul
Aug
2015 2016
RM
PHP 100 = RM
0.0168
0.0181
0.015
0.016
0.017
0.018
0.019
0.020
Jan
Feb
Ma
r
Apr
Ma
y
Jun Jul
Aug Se
p
Oct
Nov
Dec Ja
n
Feb
Ma
r
Apr
Ma
y
Jun Jul
Aug
2015 2016
RM
VND 100 = RM
46.22
51.92
30.00
35.00
40.00
45.00
50.00
55.00
60.00
Jan
Feb
Ma
r
Apr
Ma
y
Jun Jul
Aug Se
p
Oct
Nov
Dec Ja
n
Feb
Ma
r
Apr
Ma
y
Jun Jul
Aug
2015 2016RM
HKD 100 = RM
0.0285
0.0306
0.025
0.026
0.027
0.028
0.029
0.030
0.031
0.032
Jan
Feb
Ma
r
Apr
Ma
y
Jun Jul
Aug Se
p
Oct
Nov
Dec Ja
n
Feb
Ma
r
Apr
Ma
y
Jun Jul
Aug
2015 2016
RM
IDR 100 = RM
5.77
6.02
5.00
5.20
5.40
5.60
5.80
6.00
6.20
6.40
6.60
6.80
Jan
Feb
Ma
r
Apr
Ma
y
Jun Jul
Aug Se
p
Oct
Nov
Dec Ja
n
Feb
Ma
r
Apr
Ma
y
Jun Jul
Aug
2015 2016
RM
INR 100 = RM
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Commodity PricesCRUDE PETROLEUM (BRENT)
-per bbl-15 Sept 2016 : US$46.0, 4.1%*
Average Pricei : 2015: US$53.6 2014: US$99.5
CRUDE PALM OIL-per MT-
15 Sept 2016 : US$785.5, 1.9%*
Average Pricei : 2015: US$616.9 2014: US$823.3
RUBBER SMR 20-per MT-
15 Sept 2016 : US$1,337.5, 0.04%*
Average Pricei : 2015: US$1.364.3 2014: US$1,718.3
COAL -per MT-15 Sept 2016 : US$44.1, 1.2%Average Pricei : 2015: US$49.9 2014: US$59.8
COCOA SMC 2-per MT-
15 Sept 2016 : US$2,107.3, 2.5%*
Average Pricei : 2015: US$2,077.0 2014: US$2,615.8
SCRAP IRON HMS-per MT-
9 Sept 2016 : US$220.0 (high), 8.3%* US$200.0 (low), 9.1%*Average Pricei : 2015: US$239.6 2014: US$370.0
Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated
HIGHEST and LOWEST 2015/2016
Highest 9 August 2016 : US$50.9 15 May 2015 : US$66.8
Lowest
15 January 2016 : US$28.9
18 December 2015 : US$36.9
Crude Petroleum
(Brent)-per bbl-
Highest 9 Sept. 2016 : US$771.0 16 January 2015 : US$701.0
Lowest
15 January 2016 : US$545.5
4 September 2015 : US$500.5
Crude Palm Oil -per MT-
Average Domestic Prices9 September 2016
Steel Bars(per MT)
RM1,720 – RM1,870
Billets(per MT)
RM1,500 – RM1,550
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group.
SUGAR -per lbs-15 Sept 2016 : US$20.7, 0.2%*
Average Pricei : 2015: US$13.2 2014: US$16.6
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Commodity Price Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
704.5700.0
655.0
685.0
659.0 660.0
695.5
747.0
769.4
765.5771.0
785.5
550
600
650
700
750
800
24 Jun 30 Jun 15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep
US$
/mt
Crude Palm Oil
2,089.92,075.8
2,147.32,161.6 2,152.5
2,259.8
2,212.9
2,337.3
2,288.3
2,160.6
2,161.9
2,107.3
1,800
1,900
2,000
2,100
2,200
2,300
2,400
24 Jun 30 Jun 15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep
US$
/mt
Cocoa
19.2
20.3
19.3
19.6
19.1
20.4
19.719.8
20.6
20.2
20.7
20.7
18.0
18.5
19.0
19.5
20.0
20.5
21.0
24 Jun 30 Jun 15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep
US$
/lbs
Sugar
1,278.0
1,314.0
1,293.5
1,306.0
1,273.0
1,307.0
1,319.5 1,319.0
1,274.0
1,315.0
1,337.0
1,337.5
1,240
1,260
1,280
1,300
1,320
1,340
1,360
24 Jun 30 Jun 15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep
US$
/mt
Rubber SMR 20
7,591
7,286 7,267
7,853
7,148 7,063
7,296
6,742
6,940
7,029
6,963
7,008
6,900
7,088
7,113
7,281
6,917 6,851 6,730
6,337
6,118
5,000
5,500
6,000
6,500
7,000
7,500
8,000
8,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
2015 2016
USD
/ to
nne
Black Pepper
* until 2 September 2016
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Commodity Price Trends
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.
43.5 43.5 43.5 43.5 43.5 43.5 43.5 43.5 43.5 43.5
44.6
44.1
40.0
41.0
42.0
43.0
44.0
45.0
46.0
47.0
48.0
49.0
50.0
30 Jun 8 Jul 15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep
US$
/mt
Coal
1,815
1,818
1,774
1,819
1,804
1,688
1,640
1,548
1,590
1,516
1,468
1,497
1,481
1,531
1,531
1,571 1,551
1,591
1,629 1,641
1,400
1,450
1,500
1,550
1,600
1,650
1,700
1,750
1,800
1,850
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2015 2016
US$
/ to
nne
Aluminium
5,831
5,729
5,940 6,042
6,295
5,833
5,457
5,127
5,217 5,216
4,800
4,639
4,472 4,599
4,954
4,873
4,695 4,633
4,865 4,759
4,000
4,500
5,000
5,500
6,000
6,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2015 2016
US$
/ to
nne
Copper
14,849 14,574
13,756
12,831
13,511
12,825
11,413
10,386 9,938
10,317
9,244
8,708 8,507 8,299
8,717
8,879 8,660
8,906
10,263
10,366
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 Mar Apr May Jun Jul Aug
2015 2016
US$
/ to
nne
Nickel
48.3
45.446.0
44.2
41.6 41.8
44.5
48.5
47.6
44.4
45.9
43.7
49.7
46.8
47.6
45.7
42.5
44.3
47.0
50.9
49.9
46.8
48.0
46.0
40
42
44
46
48
50
52
30 Jun 8 Jul 15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep
US$
/bbl
Crude Petroleum
Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl
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1,001.0
1,084.01,094.0 1,094.0
1,145.0
1,148.0
1,148.0
1,108.0
1,079.0
1,054.0
1,075.0
1,034.0
900.0
950.0
1,000.0
1,050.0
1,100.0
1,150.0
1,200.0
30 Jun 8 Jul 15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep
US$
/oz
Platinum
Commodity Price Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.
320.0
300.0
280.0270.0
230.0
200.0
230.0240.0 240.0 240.0
220.0
300.0
280.0
260.0250.0
220.0
180.0
210.0220.0 220.0 220.0
200.0
100
150
200
250
300
350
23 May 30 May 6 Jun 10 Jun 24 Jun 15 Jul 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep
US$
/mt
Scrap Iron
Scrap Iron/MT (High) Scrap Iron/MT(Low)
68.0
63.0
58.0
52.0
60.0
63.0
52.0
56.0
57.0
53.0
47.0
41.042.0
47.0
56.0
61.0
55.0
52.0
57.0
61.0
38.0
43.0
48.0
53.0
58.0
63.0
68.0
73.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2015 2016
US$
/dm
tu
Iron Ore
18.5
19.7
20.3
19.7
20.3
20.0
20.2
19.2
18.8
19.2
19.5
19.0
17.5
18.0
18.5
19.0
19.5
20.0
20.5
30 Jun 8 Jul 15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep
US$
/oz
Silver
43.1
43.5
42.7
42.5
43.2 43.1
43.5
43.3
42.4
42.6
42.8
42.5
41.8
42.0
42.2
42.4
42.6
42.8
43.0
43.2
43.4
43.6
43.8
30 Jun 7 Jul 14 Jul 21 Jul 28 Jul 4 Aug 11 Aug 18 Aug 25 Aug 1 Sep 8 Sep 15 Sep
US$
/oz
Gold
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
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MITI ProgrammeBrazil Business Delegation to MITI
19 September 2016
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Working Visit by Minister of International Trade and Industry (MITI) to Jakarta, Indonesia
18 September 2016
MITI Programme
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
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MITI ProgrammeMITI Secretary General’s Visit to Samalaju Industrial Park, Sarawak
16 September 2016
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Announcement
Benefits of Economic CensusEntrepreneurs, Companies & Business
Industry Associations & Chamber of Commerce
Government To Update Economic Indicators
• To identify industrial structure and product trends
• To monitor changing patterns and growth trends for future investment
• To make business planning and decisions
• To gauge their business perfomance
• To compare their business operations to industry norms
• Rebasing of indices i.e. Gross Domestic Product (GDP) and Index of Industrial;
• Compilation of
Supply & Use Table (SUT), Input-Output Table (I-O), Tourism Satellite Account (TSA), Information & Communication Technology Satellite Account and System of Environmental – Economic Accounting (SEEA);
• Development of SME’s profile.
• To identify new sources of growth to the economy;
• To formulate national economy programmes; and
• To assess the implementation of the national development policy such as The Economic Transformation Programme, Eleventh Malaysia Plan and Small and Medium Enterprise (SME) Masterplan 2012 -2020.
• To understand more about industrial structure;
• To share information about the industry with their members;
• To assist business in marketing and investment planning.
Source : Department of Statistics, Malaysia
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AnnouncementFinal Administrative Review Determination of an Anti-Dumping Duty With Regard to The Imports of Cellulose Fibre Reinforced Cement Flat and Pattern Sheets Originating or Exported From Thailand in Respect of Mahaphant Fibre-Cement Public Company Limited
14 September 2016 - The Government of Malaysia has conducted and completed an administrative review of an anti-dumping duty with regard to the imports of cellulose fibre reinforced cement flat and pattern sheets (FCB) from Mahaphant Fibre-Cement Public Company Limited (Mahaphant), Thailand. The administrative review was initiated on 18 March 2016 upon request from Mahaphant for the Government to review the anti-dumping duty imposed on the company effective since 30 March 2014.
In accordance with the Countervailing and Anti-Dumping Duties Act 1993 and the Countervailing and Anti-Dumping Duties Regulations 1994, the Government has determined that the dumping margin has changed for import of FCB from Mahaphant. Therefore, the anti-dumping duty imposed on Mahaphant has now been revised from 31.14% to 19.74%. The Royal Malaysian Customs will enforce collection of the revised anti-dumping duty from 14 September 2016 to 29 March 2019.
Interested parties, i.e. domestic producers, importers, foreign producers/exporters and associations related to the investigation, can have access to the non-confidential version of the public report of the Final Determination by submitting a written request to the Ministry of International Trade and Industry (MITI) as follows:
DirectorTrade Practices SectionMinistry of International Trade and Industry (MITI)Level 9, Menara MITI, No. 7, Jalan Sultan Haji Ahmad Shah50480 Kuala Lumpur, MALAYSIATelephone Number : (603) 6208 4631Facsimile Number : (603) 6211 4429
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MITI @ Your Service
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“Every action, thought, and feeling is motivated by an intention, and that intention is a cause that exist as one with an effect. If we participate in the cause, it is not possible for us not to
participate in the effect. In this most profound way, we are held responsible for our every action, thought, and feeling, which is to say, for our every intention.... It is, therefore, wise for us to become aware of the many intentions that inform our experience, to sort out which intentions produce which effects, and to choose our intentions according to the effects that we desire to produce.”
~ Gary Zukav’s ‘The Seat of the Soul’ as quoted in ‘What I Know for Sure’ by Oprah Winfrey ~
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