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1MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
“Despite the absence of the US, Malaysia still stands to gain from market access to countries like Canada, Peru and Mexico with whom we currently do not have preferential trading arrangement.”
MALAYSIA, 10 OTHER ASIA PACIFIC NATIONS INK TRADE DEAL
Source:https://www.thestar.com.my/business/business-news/2018/03/09/malaysia-10-other-asiapac-nations-ink-trade-deal/
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
Source: Department of Statistics, Malaysia
MALAYSIA Labour Market, January 2018
Jan 2018 : 15.19 milDec 2017: 15.15 milJan 2017 : 14.88 mil
2.1%(Y-o-Y)
Labour Force
Jan 2018 : 14.67 milJan 2017 : 14.37 mil 2.1%Employed Persons
Labour ForceParticipation Rate (LFPR)
Jan 2018 : 68.2%Jan 2017 : 67.7% 0.5%
Jan 2018 : 0.52 milJan 2017: 0.51 mil 0.5%
0.1%Unemployed Persons
Unemployment Rate
Jan
2018
Jan
2017
3.4%3.5%
The number of labour force increased 0.3 per cent in January 2018 compared to the previous month.
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.myMITI Weekly Bulletin | www.miti.gov.my
MITI Weekly Bulletin | www.miti.gov.myMITI Weekly Bulletin | www.miti.gov.my
Source: Central Bank of Malaysia
Key Highlights onEconomic Developments and Outlook
4MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
Key Highlights onBox Articles
Source: Central Bank of Malaysia
5MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
Côte d'IvoireUSD0.1 Bil
INDONESIAUSD11.1 Bil
GermanyUSD0.3 Bil
NetherlandsUSD0.9 Bil
MalaysiaUSD6.7 Bil
01 02 03 04 05
Malaysia as the Second Largest Exporter of Palm oil and its fractions, whether or not refined
(excluding chemically modified and crude)*, 2016
International Report
Note : * Refers to HS151190Source:http://www.trademap.org/Index.aspx
IndonesiaUSD11.05b
MalaysiaUSD6.73b
NetherlandsUSD0.94b
GermanyUSD0.34b
Côte d'IvoireUSD0.15b
Malaysia's Top Five Export Destinations
PRC Pakistan Philippines India Viet Nam
USD796.3Million
USD467.7Million
USD390.9Million
USD374.9Million
USD332.8Million
MITI Weekly Bulletin | www.miti.gov.my
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
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
0
20
40
60
80
100
120
140
160
180
0
50
100
150
200
250
300
7 Ja
n
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 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.
Number and Value of Preferential Certificates of Origin (PCOs)
0
1,000
2,000
3,000
4,000
5,000
6,000
0
5,000
10,000
15,000
20,000
25,0007
Jan
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 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
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
7 Ja
n
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 M
ar
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
500
1,000
1,500
2,000
2,500
7 Ja
n
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 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
7 Ja
n
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 M
ar
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
900
1,000
0
50
100
150
200
250
300
7 Ja
n
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 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
1,600
1,800
0
50
100
150
200
250
300
7 Ja
n
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 M
ar
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
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)
0
200
400
600
800
1,000
1,200
0
50
100
150
200
250
300
3507
Jan
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 M
ar
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
Malaysia-Japan Economic Partnership (MJEPA)
Total FOB (RM mil.) Total CO
0
50
100
150
200
250
0
20
40
60
80
100
120
140
7 Ja
n
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 M
ar
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
0.00
0.10
0.20
0.30
0.40
0.50
0.60
7 Ja
n
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 M
ar
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
5
10
15
20
25
30
35
40
45
7 Ja
n
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 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
7 Ja
n
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 M
ar
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
100
200
300
400
500
600
0
10
20
30
40
50
60
70
7 Ja
n
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 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
400
0
50
100
150
200
250
300
350
7 Ja
n
14 J
an
21 J
an
28 J
an
4 Fe
b
11 F
eb
18 F
eb
25 F
eb
4 M
ar
11 M
ar
18 m
ar
25 M
ar
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
Malaysia-Turkey Free Trade Agreement (MTFTA)
Total FOB (RM mil.) Total CO
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
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
Source : Bank Negara, Malaysia
Malaysian Ringgit Exchange Rate with Selected Countries,January 2017 - March 2018
US Dollar
Chinese Yuan
Thai Baht
Japanese Yen
Singapore Dollar
New Taiwan Dollar
4.4596
3.9031
3.60
3.70
3.80
3.90
4.00
4.10
4.20
4.30
4.40
4.50
4.60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2017 2018
RM
USD 1 = RM
0.64660.6468
0.6150
0.6176
0.59
0.60
0.61
0.62
0.63
0.64
0.65
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2017 2018
RM
CNY 1 = RM
12.5766
12.8790
12.3963
12.4847
12.10
12.20
12.30
12.40
12.50
12.60
12.70
12.80
12.90
13.00
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2017 2018
RM
THB 100 = RM
3.8818
4.0057
3.5615
3.6811
3.30
3.40
3.50
3.60
3.70
3.80
3.90
4.00
4.10
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2017 2018
RM
JPY 100 = RM
3.1214
3.1583
2.9690
2.85
2.90
2.95
3.00
3.05
3.10
3.15
3.20
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2017 2018
RM
SGD 1 = RM
14.0734
14.5092
13.3647
13.00
13.20
13.40
13.60
13.80
14.00
14.20
14.40
14.60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2017 2018
RM
TWD 100 = RM
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
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.
Commodity Prices
Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated
CRUDE PETROLEUM (BRENT)-per bbl-
29 Mar 2018 : US$70.3, 0.3%*Average Pricei : 2017: US$55.0 2016: US$45.3
CRUDE PALM OIL-per MT-
29 Mar 2018 : US$677.0, 0.1%*Average Pricei : 2017: US$719.7 2016: US$702.2
RUBBER SMR 20-per MT-
29 Mar 2018 : US$1,384.5, 1.7%*Average Pricei : 2017: US$1,646.6 2016: US$1,394.5
COAL -per MT-29 Mar 2018 : US$60.8, 3.5%Average Pricei : 2017: US$57.2 2016: US$45.6
COCOA SMC 2-per MT-
29 Mar 2018 : US$1,718.2, 1.2%*Average Pricei : 2017: US$1,439.0 2016: US$1,609.8
SCRAP IRON HMS-per MT-
30 Mar 2018 : US$410.0 (high), unchanged US$395.0 (low), unchangedAverage Pricei : 2017: US$314.5 2016: US$243.2
HIGHEST and LOWEST 2017/2018
Highest 26 Jan 2018 : US$70.5 29 Dec 2017 : US$66.9
Lowest
9 Feb 2018 : US$62.8
23 June 2017 : US$45.5
Crude Petroleum
(Brent)-per bbl-
Highest 9 Mar 2018 : US$691.5 20 Jan 2017 : US$843.0
Lowest
30 June 2017 : US$650.0 23 Feb 2018 : US$653.5
Crude Palm Oil -per MT-
Domestic Prices30 Mar 2018
Steel Bars(per MT)
RM2,600 – RM2,750
Billets(per MT)
RM2,200 – RM2,250
SUGAR -per lbs-29 Mar 2018 : US¢ 12.4, 1.8%*Average Pricei : 2017: US¢15.8 2016: US¢18.2
10MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
Commodity Price Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
687.5
678.0
666.0
671.0
656.5
675.6
653.5
673.5
691.5
673.5676.0 677.0
630
640
650
660
670
680
690
700
12Jan 19Jan 26Jan 2 Feb 9 Feb 15 Feb 23 Feb 3Mar 9Mar 16Mar 23Mar 29Mar
US$
/mt
Crude Palm Oil
1,334.8
1,384.51,367.7
1,401.6
1,371.11,386.6
1,536.3
1,532.2
1,673.3
1,720.21,699.5
1,719.2
1,200
1,300
1,400
1,500
1,600
1,700
1,800
12Jan 19Jan 26Jan 2 Feb 9 Feb 15 Feb 23 Feb 3Mar 9Mar 16Mar 23Mar 29Mar
US$
/mt
Cocoa
14.2
13.313.4
13.613.6
13.3
13.5 13.4
12.8
12.712.6
12.4
11.0
11.5
12.0
12.5
13.0
13.5
14.0
14.5
12Jan 19Jan 26Jan 2 Feb 9 Feb 15 Feb 23 Feb 3Mar 9Mar 16Mar 23Mar 29Mar
US¢
/lbs
Sugar
1,523.51,536.5
1,547.0
1,497.0
1,437.51,448.5
1,469.0
1,487.5
1,453.01,463.0
1,361.5
1,384.5
1,300
1,350
1,400
1,450
1,500
1,550
1,600
12Jan 19Jan 26Jan 2 Feb 9 Feb 15 Feb 23 Feb 3Mar 9Mar 16Mar 23Mar 29Mar
US$
/mt
Rubber SMR 20
6,90
0 7,08
8
7,11
3 7,28
1
6,91
7
6,85
1
6,73
0
6,33
7
6,08
5
5,96
5
4,51
6
3,98
4
4,36
6 4,60
5
4,17
0 4,47
4
4,46
3
3,97
4
2,95
0
3,47
6
4,11
4
2,500
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
7,000
7,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
2016 2017
USD
/ to
nne
Black Pepper
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 Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
64.464.6 64.6
64.864.6
64.3 64.3
63.8 63.8
63.4
63.0
60.8
58.0
59.0
60.0
61.0
62.0
63.0
64.0
65.0
66.0
12Jan 19Jan 26Jan 2 Feb 9 Feb 16 Feb 23 Feb 3Mar 9Mar 16Mar 23Mar 29Mar
US$
/t
Coal
1,79
1 1,86
1 1,90
1
1,92
1
1,91
3
1,88
5
1,90
3
2,03
0 2,09
6 2,13
1
2,09
7
2,08
0
2,21
0
2,18
2
1,400
1,500
1,600
1,700
1,800
1,900
2,000
2,100
2,200
2,300
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2017 2018
US$/
tonn
e
Aluminium5,
755 5,
941
5,82
5
5,68
4
5,60
0 5,72
0 5,98
5
6,48
6
6,57
7 6,80
8
6,82
7
6,83
4 7,06
6
7,00
7
4,000
4,500
5,000
5,500
6,000
6,500
7,000
7,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2017 2018
US$/
tonn
e
Copper
9,97
1 10,6
43
10,2
05
9,60
9
9,15
5
8,93
2 9,49
1
10,8
90
11,2
16
11,3
36 11
,972
11,4
95
12,8
65 13
,596
7,000
8,000
9,000
10,000
11,000
12,000
13,000
14,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2017 2018
US$/
tonn
e
Nickel
64.363.4
66.165.5
59.2
61.7
63.6
61.362.0 62.3
65.964.9
69.9
68.6
70.5
68.6
62.8
64.8
67.3
64.4
65.566.2
70.5 70.3
52
54
56
58
60
62
64
66
68
70
72
12Jan 19Jan 26Jan 2 Feb 9 Feb 16 Feb 23 Feb 3Mar 9Mar 16Mar 23Mar 29Mar
US$
/bbl
Crude Petroleum
CrudePetroleum(WTI)/bblCrudePetroleum(Brent)/bbl
Commodity Price Trends
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
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.
940.0
1,014.01,020.0
1,000.0
972.0
1,008.0
994.0
971.0
952.0 954.0960.0
939.0
880.0
900.0
920.0
940.0
960.0
980.0
1,000.0
1,020.0
1,040.0
12Jan 19Jan 26Jan 2 Feb 9 Feb 16 Feb 23 Feb 3Mar 9Mar 16Mar 23Mar 29Mar
US$
/oz
Platinum
420.0 420.0
400.0
390.0 390.0 390.0 390.0
395.0
410.0 410.0 410.0 410.0
400.0 400.0
380.0
370.0 370.0 370.0 370.0
385.0
400.0
395.0 395.0 395.0
340
350
360
370
380
390
400
410
420
430
12Jan 19Jan 26Jan 2 Feb 9 Feb 15 Feb 23 Feb 3Mar 9Mar 16Mar 23Mar 30Mar
US$
/mt
Scrap Iron
ScrapIron/MT(High)ScrapIron/MT(Low)
80.41
89.44
87.65
70.22
62.43
57.48
67.74
76.07
71.53
61.66 64.24
72.25 76
.34
77.46
30.0
40.0
50.0
60.0
70.0
80.0
90.0
100.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2017 2018
US$
/dm
tu
Iron Ore
17.117.1
17.4
17.0
16.4
16.8
16.616.6
16.516.5
16.7
16.3
15.6
15.8
16.0
16.2
16.4
16.6
16.8
17.0
17.2
17.4
17.6
12Jan 19Jan 26Jan 2 Feb 9 Feb 16 Feb 23 Feb 3Mar 9Mar 16Mar 23Mar 29Mar
US$
/oz
Silver
42.7
42.9
43.5
42.8
42.3
43.5
42.7
42.5 42.5
42.1
43.3
42.6
41.0
41.5
42.0
42.5
43.0
43.5
44.0
12Jan 19Jan 26Jan 2 Feb 9 Feb 16 Feb 23 Feb 3Mar 9Mar 16Mar 23Mar 30Mar
US$
/oz
Gold
Commodity Price Trends
13MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
InvestKL Annual Networking Malaysia International Trade And Exhibition Centre(Mitec)
29 March 2018
MITI Weekly Bulletin | www.miti.gov.my
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
MITI PROGRAMMEMITI PROGRAMMESMITI Minister at SMK Ayer Lanas, Jeli Kelantan2 April 2018
15MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Minister (II) at the Launching Ceremony of the e-Commerce Micro Credit Scheme
Wisma HUAZONG,Seri Kembangan, Selangor.1 April 2018
MITI Weekly Bulletin | www.miti.gov.my
16MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Deputy Minister (Industry) at Program Transformasi Jawatankuasa Perwakilan Penduduk (JPP) Majlis Daerah Pontian
1 April 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 Deputy Minister (Trade) at Program Jalan Kaki Kesihatan 10,000 Langkahwith Warga Felda Tenang, Labis Johor
1 April 2018
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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
NAT
IONAL
BLU
E O
CEA
N S
TRAT
EGY
MALAYSIA’S NATIONALBLUE OCEAN SHIFT (NBOS)
Malaysia is making a blue ocean shift in its national development as it strives to become an advanced nation by 2020. To achieve this, the government has adopted blue ocean shift process.
Major ideas of Blue Ocean Strategy:• focuses on differentiation & low cost to open up new market space;• creates new demands by converting non-customers into customers; and• offers process and visual tools that are systematic and replicable to ensure designing and implementation of strategies which are much more effective.
National Blue Ocean Shift (NBOS) is formulated and executed through the NBOS Summit, a unique and dynamic national strategy platform which brings together ministries, agencies, all levels of government and the private sector on a voluntary basis. The Summit, which was launched in 2009, breaks down bureaucratic silos through fair process, and is driven by the creation of new ideas.
To date, 117 NBOS initiatives have been successfully implemented to tackle a wide range of economic and social issues.
The implementation of NBOS work culture will lead to new, creative & innovative ideas. It emphasizes collaboration among government agencies, the private sector and NGO's with the objective of delivering services and projects that are of high impact, low cost with rapid execution & on a sustainable basis.
The design and selection of NBOS initiatives are based on two key principles:• delivering high income through economic growth and integrated development; and• enhancing the level of public well-being through greater security as well as social inclusion to close the social distance between various groups in society (for example, rural vs. urban, young vs. old, men vs women, etc..)
The government used blue ocean tools and frameworks in the Eleventh Malaysia Plan to formulate high-impact, low-cost national strategies that can be rapidly executed.
Source: Reprinted from https://www.blueoceanstrategy.com/malaysia-nbos/ and http://www.nbos.gov.my/posts/national-blue-ocean-strategy-(nbos)
19MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
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Source: http://www.miti.gov.my/index.php/glossary
of Technical TermsDFQFDuty Free Quota Free - Special treatment accorded to LDCs where by developed countries will allow DFQF access for products from LDCs.
Digital MarketingMarketing of products or services using digital channels to reach consumers. Digital marketing extends beyond internet marketing to include channels that do not require the use of the internet.
Doha Development Agenda (DDA/Doha Development Round)The Doha Round or the Doha Development Agenda is the latest round of trade negotiations among WTO membership. The work program covers about 20 areas and a basic objective to improve the trading prospects of developing countries. Key areas under negotiations are agriculture, industrial tariffs and non-tariff barriers, services, and trade remedies (safeguards, anti-dumping, subsidies). The DDA was launched in November 2001 at the 4th WTO Ministerial Conference in Doha, Qatar. However, negotiations have broken down and a conclusion of elements of the Doha Round is unlikely in the near future.
Domestic RegulationsUnpacking GATS Article VI.4 on domestic regulation exposes possibly the single most controversial item on the current negotiating agenda, and also one of the greatest threats that GATS poses to democracy. Concern is all the greater because it is not clear whether rules developed in the current negotiations on Article VI.4 will apply to all service sectors or only those where specific commitments have been made. Complex judgement decides the appropriateness of domestic regulations in the services sector, ensuring a balance between public interest and commercial considerations. This judgement must not be allowed to pass from elected governments to WTO disputes panels.
Domestic Support (Subsidies)In WTO terminology, subsidies in general are identified by “boxes” which are given the colours of traffic lights: green (permitted), amber (slow down — i.e. to be reduced), red (forbidden).
In agriculture, domestic support refers to domestic subsidy or other measure which acts to maintain producer’s price at levels above those prevailing in international trade. Examples include direct payments to producers, input and marketing cost reductions measures.
Door-to-DoorContract of carriage that includes pre-carriage, main-carriage and on-carriage by the same carrier:• Door-to- (Air) Port: Contract of carriage including pre-carriage and main-carriage to airport or ocean port or truck
terminal port or rail port• (Air) Porr-to- (Air) Port: Contract of carriage for main carriage only• (Air) Port-to-Door:Contract of carriage including main carriage and on-carriage
Duty Drawback FacilityRebate of import duties when the imported good is re-exported or used as input to the production of an exported good.
E-commerceElectronic business transactions, commerce or internet trade. May be conducted between companies (B2B) or between companies and customers (B2C) that are wholly or partially conducted over the internet or similar public or private computer networks.
e-FulfillmentThe process of receiving, packaging and shipping orders for goods.
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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Announcement
Withholding Tax
For more information on Withholding Tax, please visit LHDN’s website via this link: http://www.hasil.gov.my/bt_goindex.php?bt_kump=2&bt_skum=6&bt_posi=1&bt_unit=5&bt_sequ=1&bt_lgv=2
Industry 4.0
For more information on Industry 4.0, please visit MITI’s website via this link: http://www.miti.gov.my/index.php/pages/view/industry4.0?mid=559
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
For more information on Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)please visit MITI’s website via this link: http://fta.miti.gov.my/index.php/pages/view/71?mid=40
21MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MICRO CREDIT FOR e-COMMERCE
• Provide loan to young chinese who are interested to venture into e-commerce
• Provide loan for start-up capital in related to e-commerce• Provide e-commerce training consultation• Can apply loan on the spot
For more information, please visit http://chinesewomenfoundation.org/e-commerce-micro-credit/
03-56300608Organised by:
Malaysian Chinese Women Entrepreneurs Foundation
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