MITI in the news download... · 2019. 12. 13. · “AEC boleh meningkatkan ekonomi peserta negara anggota ASEAN melalui jalinan kerjasama ekonomi di antara 10 negara terlibat. Ini

No. ISSN: 2180-0448“D

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ING

Transform

ation, PO

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Grow

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MITI Weekly Bulletin / www.miti.gov.my

Source: Bernama, 19 November 2014

MITI in the news

The national automobile industry needs to step up its competitiveness, particularly in the export market, given the rising intense competition from global players, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

He said the ministry was not happy with the current export performance of the industry unlike the offtake of auto-components which was performing well. Mustafa said the local industry would have to be mindful of the fact that in the next few years China would slowly, but surely, emerge as an important exporter.

“Exports is one indicator of how competitive we are because we are competing against big giants from Japan, Korea and the United States. Increasingly, perhaps in the future, we should be aware that the Chinese are building capabilities in the automobile sector,” he told a press conference after witnessing the signing of a vendor development programme by five companies here Tuesday.

The companies which signed the vendor development programme agreement were Tenaga Nasional Bhd, Keretapi Tanah Melayu Bhd, CIMB Group Holdings Bhd, UMW Corporation and Pharmaniaga Bhd. Mustapa said the government would review the progress of National Automotive Policy (NAP), which has been in existence

for a year now, and details would be announced by mid-January. He said the NAP has showed that some companies have made progress and were competitive in the market while some were not.

Meanwhile, commenting on the 1Malaysia Development Bhd’s investment in Cayman Islands, Mustapa said “it’s not an unusual practice as some banks and sovereign funds have been doing this. Investing in financial centres like this is a normal course that some companies take because of tax savings, business facilitation, privacy and protection of assets.”“Those are considerations that motivate some companies to manage their funds out of offshore centres,” he added.

Auto Industry Must Improve Competitiveness To Stay in Competition, says Mustapha

MITI Weekly Bulletin | www.miti.gov.my

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rantau ini.“AEC boleh meningkatkan ekonomi peserta negara anggota ASEAN melalui jalinan kerjasama ekonomi di antara 10 negara terlibat. Ini memberi banyak kebaikan kepada Malaysia dengan peluang memasarkan lebih banyak produk ke rantau ASEAN dengan segala kemudahan eksport dan import yang lebih seragam.“Sebagai contoh dengan keseragaman ini menjadikan aktiviti import dan eksport lebih mudah,” katanya dalam sidang akhbar selepas merasmikan Seminar Perkongsian Amalan Terbaik dan Majlis Penyampaian Sijil Sistem Amalan Persekitaran Berkualiti QE/5S Parlimen Ledang di Dewan Jubli Intan Tangkak, di sini hari ini.Yang turut hadir, Ketua Pengarah Perbadanan Produktiviti Malaysia (MPC), Datuk Razali Hussain dan Pegawai Daerah Ledang, Ab. Han Ramin.AEC bakal membentuk sebuah blok ekonomi lebih liberal dan perdagangan terbuka melalui penghapusan tarif cukai, kebebasan pasaran kerja (kemahiran tinggi) dan pergerakan modal yang bertujuan menjadikan ASEAN sebagai satu pasaran yang tunggal.Menurut Hamim, Malaysia perlu mengambil peluang dengan pelaksanaan AEC di samping meningkatkan daya saing dalam sektor pelaburan dan perdagangan supaya dapat menarik lebih banyak pelabur ke negara ini.Beliau yang juga Ahli Parlimen Ledang berkata, negara juga perlu meningkatkan daya saing produk supaya setanding dengan negara lain bagi menembusi pasaran dalam ASEAN yang luas dan berpotensi tinggi.“Jika kualiti produk keluaran Malaysia rendah, ini akan menyukarkan untuk eksport dan sebaliknya hanya akan dijual di peringkat domestik sahaja. Ramai pelabur mencari negara dengan persekitaran ekonomi yang baik.”“Sistem Amalan Persekitaran Berkualiti QE/5S adalah sebahagian daripada kaedah meningkatkan daya saing mutu produk dan pendapatan serta menjadikan pertumbuhan ekonomi negara berterusan meningkat secara positif,” katanya.

Kira-kira RM41.2 bilion pelaburan dijangka berjaya dibawa masuk ke negara ini berdasarkan jumlah pelaburan negara-negara ASEAN yang akan meningkat 10 peratus apabila Komuniti Ekonomi ASEAN (AEC) dilaksanakan akhir tahun depan.Timbalan Menteri Perdagangan Antarabangsa dan Industri, Datuk Ir. Hamim Samuri berkata, jumlah pelaburan di negara-negara ASEAN ialah RM406.4 bilion pada tahun lalu dan kewujudan AEC akan menawarkan pasaran daripada 627 juta penduduk

Source: Utusan Malaysia, 25 November 2014

RM41.2 bilion pelaburan melalui AEC tahun depan


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MALAYSIALabour Force, September 2014

Employment in Informal Sector* by Strata and Sex, 2012 -2013

382.0

274.8

395.8

419.0

234.7

152.4

247.6

221.9

0

50

100

150

200

250

300

350

400

450

Male Female Male Female

2012 2013

('000)

Urban Rural

Source: Department of Statistics, Malaysia

2014 (m-o-m) %

2013 (y-o-y) %September August September

Labour force (‘000) 14,103.6 13,926.2 1.3 13,977.0 0.9

Employed (‘000) 13,726.5 13,546.5 1.3 13,541.5 1.4

Unemployed (‘000) 377.2 379.7 -0.7 435.5 -13.4

Outside labour force (‘000) 6,668.3 6,834.4 -2.4 6,479.1 2.9

Labour force participation rate (LFPR)* (%) 67.9 67.1 0.8 68.3 -0.4


*Labour Force Participation Rate : is defined as the ratio of the labour force to the working age population (15 to 64 years), expressed as percentage

* Criteria of informal sector establishment includes establishment not registered with CCM and professional bodies, the size of the establishment is less than 10 workers and all or at least one goods or services produced are meant for sale or barter transactions.

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Employment in Informal Sector by Economic Activities,2013

Employment in Informal Sector by State, 2013

0

50

100

150

200

250

('000)



261,300

195,500

161,700

106,000

134,600

100,000

53,400 30,500

2012

252,000

226,200

207,500

198,300

177,600

123,500

69,400 29,700

2013

Accommodation and food and beverage Wholesale and retail trade, repair of motor

service activities vehicles and motorcycles

Manufacturing Human health and social work activities

Construction Others

Administrative and support service activities Other service activities

108.3

111.3

98.095.7

99.5 99.0

111.4

115.2

107.8

111.2

90

95

100

105

110

115

120

Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct

2013 2014

CPI Durable Goods Semi-Durable Goods Non-Durable Goods Services


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Source : Department of Statistics, Malaysia

Source : Department of Statistics, Malaysia

CPI and CPI for Durable, Semi Durable, Non Durable Goods and Services, Oct 2013 - Oct 2014

105

106

107

108

109

110

111

112

113

Oct 2013 Oct 2014

CPI by State, October 2014 (y-o-y)

-5,000

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

EU Japan ASEAN PRC Hong KongSAR

USA Republic ofKorea

Australia Taiwan India

US$ million

2011 2012 2013

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

BruneiDarussalam

Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore Thailand Viet Nam

US$ million

2011 2012 2013


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Source : ASEAN Foreign Direct Investment

Source : ASEAN Foreign Direct Investment

ASEAN FDI Inflows, 2011 - 2013

Top 10 Sources of ASEAN FDI Inflows, 2011 - 2013

Total FDI inflows to ASEAN (US$ million)

2011 97,538.12012 114,284.02013 122,376.5

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64%

29%

5%

2%

Urban


Did you know?Individuals Use of Mobile Phones by State, 2013

80

82

84

86

88

90

92

94

96

98

100%

Frequency of Individuals Internet Use by Strata, 2013

48%

36%

12%

4%

Rural

63.7

28.5

5.42.4

Urban

At least once a day At least once a week but not every day

At least once a month but not every week Less than once a month




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Success Stories

New Technics is a leading wholesaler of car audio products based in Shah Alam, Selangor. Established in 1977, the company carries well-known names such as Mohawk, DLS, Kicker, Uncle Sam and MTX. New Technics currently has over 400 dealers in Malaysia, China, Brunei, Singapore and Thailand with an annual sales volume of US$2.5 milion. In 2011, SME Corp. Malaysia certified New Technics with the National Mark of Malaysian Brand for its Mohawk brand of amplifiers, subwoofers, equalisers and accessories. The company’s profile and reputation has increased tremendously with the certification, and it now promotes its products to new dealers and interested parties through Malaysia Airlines’ in-flight magazine and other avenues. The company’s assosciation with the National Mark has spurred it to enhance customer satisfaction, diversify its product range and intensify its efforts ti become a leader in the local car audio industry.

New Technics Car Audio Sdn Bhd

The NTC Group in the region is comprised of:

AUDIO MASTER (S) PTE LTD (Singapore)AUDIO MASTER CO LTD (Guangzhou, China)AUDIO WORLD NTC SDN BHD (Selangor, Malaysia)FINE AUDIO SDN BHD (Selangor, Malaysia)NEW TECHNICS CAR AUDIO SDN BHD (Selangor, Malaysia)NTC AUDIO SDN BHD (Selangor, Malaysia)TC ELECTRONICS SDN BHD (Selangor, Malaysia)

Lot 2-40, Jalan SU 7, Lion Industrial Park, Phase 2,

Persiaran Tengku Ampuan, Sec 22,

40000 Shah Alam, Selangor. Malaysia.

Tel: +60 (3) 5192 0911/0922 Fax: +60 (3) 5192 0933

Email: [email protected]

Source: Ministry of International Trade and Industry, Malaysia

Number and Value of Preferential Certificates of Origin (PCOs)

Number of Certificates

Value of Preferential Certificates of Origin

AJCEP: ASEAN-Japan Comprehensive Economic Partnership (Implemented since 1 February 2009)

ACFTA: ASEAN-China Free Trade Agreement (Implemented since 1 July 2003) AKFTA: ASEAN-Korea Free Trade Agreement (Implemented since 1 July 2006)

AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement(Implemented since 1 January 2010)

AIFTA: ASEAN-India Free Trade Agreement (Implemented since 1 January 2010)

ATIGA: ASEAN Trade in Goods Agreement (Implemented since 1 May 2010)



MICECA: Malaysia-India Comprehensive Economic Cooperation Agreement (Implemented since 1 July 2011)

MNZFTA: Malaysia-New Zealand Free Trade Agreement (Implemented since 1 August 2010)MCFTA: Malaysia-Chile Free Trade Agreement (Implemented since 25 February 2012)


Notes: The preference giving countries under the GSP scheme are Japan, Switzerland, the Russian Federation, Norway and Kazakhstan.

MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008)



MAFTA: Malaysia-Australia Free Trade Agreement (Implemented since 1 January 2013)

MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006)

AANZFTA AIFTA AJCEP ATIGA ACFTA AKFTA

5 Oct 2014 849 560 263 4,664 1,237 757

12 Oct 2014 895 460 179 4,479 1,395 667

19 Oct 2014 1,025 544 220 4,993 1,770 787

26 Oct 2014 736 389 181 3,970 1,219 575

2 Nov 2014 1,095 531 235 4,622 1,470 776

9 Nov 2014 832 491 291 4,800 1,407 799

16 Nov 2014 926 591 235 4,718 1,479 781

23 Nov 2014 966 503 206 4,899 1,514 930

MICECA MNZFTA MCFTA MAFTA

5 Oct 2014 349 8 51 34212 Oct 2014 297 3 48 30419 Oct 2014 322 4 127 63926 Oct 2014 250 20 42 1402 Nov 2014 303 0 58 5079 Nov 2014 342 5 48 446

16 Nov 2014 329 23 82 42423 Nov 2014 316 0 80 489

MJEPA MPCEPA GSP

5 Oct 2014 901 208 13812 Oct 2014 785 135 12819 Oct 2014 865 130 16926 Oct 2014 571 125 612 Nov 2014 1,054 161 1649 Nov 2014 770 174 171

16 Nov 2014 906 173 16023 Nov 2014 926 106 100

5 Oct 12 Oct 19 Oct 26 Oct 2 Nov 9 Nov 16 Nov 23 NovAANZFTA 69 71 91 60 96 74 91 95AIFTA 142 119 91 80 84 80 93 82AJCEP 78 193 67 63 91 126 72 91

0

50

100

150

200

250

RM m

illio

n

5 Oct 12 Oct 19 Oct 26 Oct 2 Nov 9 Nov 16 Nov 23 NovATIGA 802 641 697 662 645 862 687 2,630ACFTA 490 541 570 604 834 449 550 621AKFTA 110 119 917 90 712 881 211 192

0

500

1,000

1,500

2,000

2,500

3,000

RM m

iliio

n

5 Oct 12 Oct 19 Oct 26 Oct 2 Nov 9 Nov 16 Nov 23 NovMICECA 44.93 43.01 46.42 46.44 39.98 37.69 55.46 38.94MNZFTA 0.11 0.02 0.21 0.51 0.00 0.21 0.48 0.00MCFTA 6.03 6.17 18.94 10.46 12.94 8.69 11.71 9.44MAFTA 30.24 24.35 52.21 12.67 38.90 84.91 32.38 78.68

0

10

20

30

40

50

60

70

80

90

RM

mill

ion

5 Oct 12 Oct 19 Oct 26 Oct 2 Nov 9 Nov 16 Nov 23 NovMJEPA 113 122 154 91 182 133 287 155MPCEPA 70 19 15 44 25 63 81 12GSP 26 20 19 10 21 36 1,003 14

-200

0

200

400

600

800

1,000

1,200

RM m

illio

n



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Source : http://www.gold.org/investments/statistics/gold_price_chart/

Gold and Silver Prices, 23 May - 21 Nov 2014

Aluminium, Nickel and Copper Prices, Jan 2013 - Oct 2014

Source : http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTDECPROSPECTS

41.75

38.50

35

37

39

41

43

45

23

May

30

May

6 J

un

13

Jun

20

Jun

27

Jun

4 J

ul

11

Jul

18

Jul

1 A

ug

8 A

ug

15

Aug

22

Aug

29

Aug

5 S

ept

12

Sept

19

Sept

26

Sept

3 O

ct

10

Oct

17

Oct

24

Oct

31

Oct

7 N

ov

14

Nov

21

Nov

gold/usd/gramme

19.50

16.44

15

17

19

21

23

25

23

May

30

May

6 J

un

13

Jun

20

Jun

27

Jun

4 J

ul

11

Jul

18

Jul

1 A

ug

8 A

ug

15

Aug

22

Aug

29

Aug

5 S

ept

12

Sept

19

Sept

26

Sept

3 O

ct

10

Oct

17

Oct

24

Oct

31

Oct

7 N

ov

14

Nov

21

Nov

silver /usd/oz

17,473

15,812

-

5,000

10,000

15,000

20,000

25,000

Jan13

Feb13

Mar13

Apr13

May13

Jun13

Jul13

Aug13

Sep13

Oct13

Nov13

Dec13

Jan14

Feb14

Mar14

Apr14

May14

Jun14

Jul14

Aug14

Sept14

Oct14

US$/MT

Nickel

2,038 1,946

8,047

6,737

-

2,500

5,000

7,500

10,000

Jan13

Feb13

Mar13

Apr13

May13

Jun13

Jul13

Aug13

Sep13

Oct13

Nov13

Dec13

Jan14

Feb14

Mar14

Apr14

May14

Jun14

Jul14

Aug14

Sept14

Oct14

US$/MT

Aluminium Copper

0.25

0.26

0.27

0.28

0.29

0.30

0.31

0.32

0.33

36.0

37.0

38.0

39.0

40.0

41.0

42.0

43.0

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct

2013 2014

Hong Kong Dollar (HKD) South Korean Won (KRW)

100 KRW = RM 0.308

100 HKD = RM 42.14

Malaysian Ringgit Exchange Rate with Hong Kong Dollar and South Korean WonJanuary 2013 - October 2014

Source : Bank Negara, Malaysia

Crude Petroleum (21 November 2014)

US$68.7 per bbl

Crude Palm Oil(21 November 2014)

US$716.0 per MT

Highest & Lowest Prices, 2013/2014

21 November 2014 domestic prices for :1. Billets (per MT) : RM1,650 - RM1,7002. Steel bars (per MT) : RM1,900 - RM2,000

Commodity Prices

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

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

Source :

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CommodityCrude

Petroleum (per bbl)

Crude Palm Oil (per MT)

Raw Sugar

(per MT)

Rubber SMR 20(per MT)

Cocoa SMC 2

(per MT)

Coal(per MT)

Scrap Iron HMS

(per MT)21 Nov 2014

(US$) 68.7 716.0 337.8 1,525.0 2,352.0 53.0 320.0 (high)300.0 (low)

% change* 10.4 0.6 1.6 1.0 7.0 2.0 unchanged

2013i 88.1 - 108.6 805.5 361.6 2,390.8 1,933.1 .. 485.6

2012i 77.7 - 109.5 1,000.4 473.8 952.5 2,128.9 .. 444.7

Lowest

(US$ per bbl)

Highest(US$ per bbl)

Highest(US$ per MT)

Lowest

(US$ per MT)2014

13 Jun 2014: 107.62013

6 Sept 2013: 110.2

201421 Nov 2014: 68.7

201319 Apr 2013: 88.1

201414 Mar 2014: 982.5

201315 Nov 2013: 925.0

201429 Aug 2014: 693.0

20134 Jan 2013: 800.0


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Commodity Price Trends

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

Source :

697

710

705726

822

719

822

699

711

748 720

716

600

650

700

750

800

850

5 Sept 12 Sept19 Sept26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 14 Nov 21 Nov

US$

/mt

Crude Palm Oil

1,507.0

1,529.01,453.0

1,422.0

1,433.5

1,470.5

1,607.5 1,602.0

1,482.0

1,556.5

1,541.0

1,525.0

1300

1350

1400

1450

1500

1550

1600

1650


US$

/mt

Rubber SMR 20

2,674.2

2,734.8

2,886.4

2,840.9

2,674.2

2,784.4

2,800.1

2,674.3

2,559.92,513.6

2,529.0

2,352

0

500

1000

1500

2000

2500

3000

3500


US$

/MT

Cocoa

333.5

334.8

339.5

336.3

345.3

348.5

341.0

333.0

328.5

324.0

332.5

337.8

300

310

320

330

340

350

360

5 Sept 12 Sept 19 Sept 26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 14 Nov 21 Nov

US$/

MT

Raw Sugar

91.593.1

97.0

91.0 83.8

83.3

81.0

80.9

77.9

74.4

76.7

68.7

65

70

75

80

85

90

95

100

5 Sep 12 Sep 19 Sep 26 Sep 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 14 Nov 21 Nov

US$

/bbl

Crude Petroleum56.5

56.554.5

51.4

52.8

51.8

51.3

51.6

53.3

53.352.0

53.0

48

49

50

51

52

53

54

55

56

57


US$

/mt

Coal

380.0

320.0

370.0

300.0

250

270

290

310

330

350

370

390


US$/

mt

Scrap Iron

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

150.5

154.6

139.9

137.4

124.0

114.8

127.2

137.1

134.2

132.6

136.3

135.8

128.1

121.4

111.8

114.6

100.6

92.7

96.1

92.6

82.4

81.0

0

20

40

60

80

100

120

140

160

180

13 Jan 13 Mar 13 May 13 Jul 13 Sep 13 Nov 14 Jan 14 Mar 14 May 14 Jul 14 Sep

US$

/dm

tu

Iron Ore


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MITI BarefooT LeadershIp cIrcLe27 noVeMBer 2014

carcosa serI neGara

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Documents

MITI in the news download... · 2019. 12. 13. · “AEC boleh meningkatkan ekonomi peserta negara anggota ASEAN melalui jalinan kerjasama ekonomi di antara 10 negara terlibat. Ini