MITI in the News Malaysia’s Total Trade Grew 4.6 Per Cent ... Weekly... · RM63.23 billion compared with July 2014 while imports increased by 5.9 per cent to RM60.85 billion. The

“DRIVING Transformation, POWERING Growth”

Bernama, 4 September 2015

Malaysia’s Total Trade Grew 4.6 Per Cent in JulyMITI in the News

Malaysia's total trade in July 2015 grew by 4.6 per cent to RM124.08 billion year-on-year, said the Ministry of International Trade and Industry (MITI) on 4 September 2015. It said export for the month expanded by 3.5 per cent or RM2.12 billion to RM63.23 billion compared with July 2014 while imports increased by 5.9 per cent to RM60.85 billion.

The expansion in exports to China, the United States, Vietnam, Indonesia, Thailand, Japan and the European Union supported the higher growth in the month reviewed, it added. In July 2015, total trade with free trade agreement (FTA) partners was RM77.57 billion, up by 4.6 per cent with exports totalling RM40.03 billion and imports amounting to RM37.54 billion. Malaysia continued to register a trade surplus valued at RM2.38 billion in July 2015, making it the 213th consecutive month of trade surplus since November 1997.

"The moderation in trade surplus reflected mainly the higher imports required for production and investment purposes which will contribute towards exports going forward," said MITI in its Malaysia External Trade Statistics report.

Total trade for the first seven months of 2015 moderated to RM819.06 billion. Exports during the period contracted by 2.2 per cent to RM231.57 billion while imports declined by 1.4 per cent to RM387.49 billion to the corresponding period in 2014.

Meanwhile, trade surplus remained sizeable at RM44.07 billion. "Similar moderation in trade performance was also registered by other countries in Asia," said MITI.

Total trade with FTA partners was valued at RM515.13 billion, accounting for 62.9 per cent of Malaysia's trade during the first seven months of 2015.

Overall, MITI said major manufacturing subsectors experienced positive growth on a year-on-year basis. Mining and major commodity subsectors had reduced exports due to significantly lower prices relative to last year.

Major exports in July 2015 were electric and electrical products worth RM23.1 billion constituting 36.5 per cent of total exports, chemicals and chemical products (RM4.35 billion), palm oil (RM4.06 billion) and liquefied natural gas (RM3.09 billion). On a year-on-year basis, Malaysia's total trade with ASEAN remained firm at RM32.86 billion with higher imports from ASEAN of 2.6 per cent to RM15.51 billion.

Exports to ASEAN amounted to RM17.35 billion, accounting for 27.4 per cent of Malaysia's total exports.

MITI Weekly Bulletin / www.miti.gov.my


Trade Performance, January - July 2015

Source : Department of Statistics, Malaysia

MALAYSIA

Total Trade-1.8%*

Exports-2.2%*

Imports-1.4%*

RM819.1bJan-Jul

2015

RM834.1bJan-Jul

2014

RM431.6bJan-Jul

2015

RM441.3bJan-Jul

2014

RM387.5bJan-Jul

2015

RM392.8bJan-Jul

2014

Trade Performance, January - July 2015

Jan

Feb

Mar

Apr

May

Jun

Jul

Exports Imports

RM billion Growth y-o-y (%)-0.6

-9.7

2.3

-8.8

-6.7

5.0

3.55.9

-1.5

-7.2

-6.9

5.8

0.3

-5.263.6

54.6

53.248.6

66.558.6

60.453.5

60.554.9

64.356.3

63.260.9

Note : * y-o-y growth



Top 10 Export Products, January - July 2015

Top 10 Export Destinations, January - July 2015

Source : Department of Statistics, Malaysia

E & E

Chemicals & Chemical

Petroleum ProductsLNG

Palm Oil

Machinery, Appliances & Parts

Manufactures of Metal

Crude Petroleum

Optical &Scientific

Equipment

Rubber Products

Total ExportsRM431.6b

64.1%of top 10 products are

manufactured products worthRM276.6b

35.4%

7.2%

7.0%6.6%5.7%

4.6%

4.0%3.5%3.3%2.6%

Manufacturing: RM343.6b Mining:RM48.0b Agriculture: RM37.3b Others: RM2.7b

RM billion

Singapore 59.7PRC 55.7Japan 42.4USA 40.0Thailand 24.7Hong Kong 21.3India 18.0Indonesia16.5Australia 15.8ROK 14.0

(-4.8%)(+6.0%)

(-11.9%)(+10.7%)

(+7.2%)(-1.6%)

(+3.5%)(-11.4%)

(-19.0%)(-9.9%)



Productivity Level201520001980

(USD 58,463)(USD 41,360)Labour Productivity (USD)

Malaysia

Source : Total Economy Database, The Conference BoardNote : Labor productivity per person employed in 1990 US$ (converted at Geary Khamis PPPs)



MITI’s ASEAN Portal can be accessed via http://aec2015.miti.gov.my/

and You’Intra-ASEAN Trade, 2014

Top 10 ASEAN Trading Partners

Source : www.asean.org

MyanmarExportsUS$4.4b

ImportsUS$7.1b

Lao PDRExportsUS$1.5b

ImportsUS$2.0b Philippines

ExportsUS$9.2b

ImportsUS$16.2b Cambodia

ExportsUS$2.0b

ImportsUS$5.6b

ThailandExportsUS$59.4b

ImportsUS$43.3b

MalaysiaExportsUS$65.3b

ImportsUS$53.8b

IndonesiaExportsUS$39.8b

ImportsUS$50.9b

Viet NamExportsUS$18.3b

ImportsUS$22.5b

BruneiExportsUS$2.1b

ImportsUS$1.8b

SingaporeExportsUS$127.7b

ImportsUS$75.5b

ASEAN24.1%

China14.5%

EU-289.8%Japan

9.1%

USA8.4%

ROK5.2%

Taiwan4.3%

Hong Kong3.9%

Australia2.8%

India2.7%

Total Trade

US$2.5 tril.

‘



International Repor t

Import of Goods: US$189.6b ( 1.5%) m-o-m growth

US Trade Per formance, July 2015

Trading Par tners in Goods, July 2015

Export of Goods: US$128.2b ( 0.5%) m-o-m growth

Export of Services: US$60.3b ( 0.3%) m-o-m growth

Import of Services: US$40.8b ( 0.7%) m-o-m growth

South & Central America 2.0OPEC 0.2UK 0.1Hong Kong 2.0Singapore 0.5

Trade Surplus US$ billionChina 31.6EU 15.2Germany 6.6Japan 5.7Mexico 3.4

Trade Deficit US$ billion

Source : US Dapartment of Commerce

IndustrialProduction

3.2%*

Mining0.7%*

Electricit y2.3%*

Manufacturing3.6%*

India’s Economic Performance Q1 (April -June) of Fiscal 2015/2016Economy Grew

7.0%*, (US$427.2b)

Inflation Rate (Wholesale)

-2.4%*

Inflation Rate (Retail)5.1%*

Foreign TradeTotal Trade: US$165.6 bil., 14.3%Exports: US$66.7bil., 16.8%Imports: US$98.9 bil., 12.6%

Foreign Direct Investment

US$9.5 bil. Increased 31.4% (y-o-y)Malaysia is the 23rd largest investor (US$744.1 mil.)

Note: * y-o-y growthSource: MITI New Delhi



Visit full website at https://esd.imi.gov.my/portal/



Source : Malaysia Petroleum Resources Corporation

Information for Mid-Tier CompaniesDevelopment Programme - Par t 1

The Mid-Tier CompaniesDevelopment Programme (MTCDP) aim to help MTCs accelerate Export Growth

Mid-Tier Companies (MTCs) are an integral part of the Malaysia Economy



Source: Ministry of International Trade and Industry, Malaysia

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)

MTFTA: Malaysia-Turkey Free Trade Agreement (Implemented since 1 August 2015)

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

MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008)MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006)

12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 AugAANZFTA 78 126 80 182 69 85 99 85AIFTA 116 113 222 221 165 153 153 209AJCEP 51 50 95 57 102 47 71 58

0

50

100

150

200

250

RM

mill

ion

12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 AugATIGA 829 525 719 1,352 843 997 783 1,272ACFTA 613 410 547 830 850 4,575 982 557AKFTA 375 126 261 413 235 133 137 160

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

RM

mill

ion

12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 AugMICECA 56.68 22.77 50.64 34.72 46.07 48.23 56.30 47.98MNZFTA 0.16 0.03 0.03 0.47 0.43 0.42 0.08 0.10MCFTA 8.36 9.20 22.57 27.61 9.65 6.82 12.65 24.53MAFTA 42.86 25.91 37.01 29.09 37.00 185.99 41.61 35.63

-50

0

50

100

150

200

RM m

illio

n

12 Jul 2015 19 Jul 2015 26 Jul 2015 2 Aug 2015 9 Aug 2015 16 Aug 2015 23 Aug 2015 30 Aug 2015AANZFTA 841 582 601 978 689 942 1,040 916

AIFTA 618 413 624 765 573 742 724 780

AJCEP 157 148 221 153 267 112 211 210

ATIGA 3,633 3,066 3,212 4,152 4,374 4,399 4,422 4,358

ACFTA 1,177 1,076 1,022 1,646 1,267 1,300 1,505 1,461

AKFTA 672 677 740 649 692 739 912 744

MICECA 381 190 336 308 312 289 336 305

MNZFTA 7 2 4 9 12 15 3 3

MCFTA 56 35 64 56 74 53 110 71

MAFTA 432 288 371 351 429 396 449 436

MJEPA 938 637 763 672 759 764 815 966

MPCEPA 95 110 130 143 143 184 186 170

GSP 154 93 76 155 94 117 160 129

MTFTA - - - 0 0 93 239 283

12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 AugMJEPA 136 111 123 97 109 147 162 162MPCEPA 38 12 20 46 40 63 69 41GSP 27 13 18 27 18 20 27 21MTFTA 0 0 35 68 89

20

0

20

40

60

80

100

120

140

160

180

RM m

illio

n

Value of Preferential Certificates of Origin

Number and Value of Preferential Certificates of Origin (PCOs)Number of Certificates (Provisional data)

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



Malaysian Ringgit Exchange Rate with US Dollar and Pound Sterling

Source : Bank Negara, Malaysia

5.00

5.20

5.40

5.60

5.80

6.00

6.20

6.40

6.60

3.00

3.20

3.40

3.60

3.80

4.00

4.20

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

2014 2015

USD = RM GBP = RM

1 GBP = RM 6.34

1 USD = RM 4.06

16.6

14.6

13.0

13.5

14.0

14.5

15.0

15.5

16.0

16.5

17.0

17.5

18.0

29 A

pr8

May

15 M

ay22

May

29 M

ay5

Jun

12 Ju

n19

Jun

26 Ju

n3

Jul

10 Ju

l16

Jul

24 Ju

l31

Jul

7 Au

g14

Aug

21 A

ug28

Aug

4 Se

p

US$/Oz Silver

1,154.5

990.0

900.0

950.0

1,000.0

1,050.0

1,100.0

1,150.0

1,200.0

29 A

pr8

May

15 M

ay22

May

29 M

ay5

Jun

12 Ju

n19

Jun

26 Ju

n3

Jul

10 Ju

l16

Jul

24 Ju

l31

Jul

7 Au

g14

Aug

21 A

ug28

Aug

4 Se

p

US$/Oz Platinum

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

Source : http://www.hardassetsalliance.com/charts/silver-price/usd/oz Source : http://www.hardassetsalliance.com/charts/platinum-price/usd/oz

Gold Prices, 29 April - 4 September 2015

Silver and Platinum Prices, 29 April - 4 September 2015

38.9

36.0

34.0

35.0

36.0

37.0

38.0

39.0

40.0

29 A

pr

8 M

ay

15 M

ay

22 M

ay

29 M

ay

5 Ju

n

12 Ju

n

19 Ju

n

26 Ju

n

3 Ju

l

10 Ju

l

16 Ju

l

24 Ju

l

31 Ju

l

7 Au

g

14 A

ug

21 A

ug

28 A

ug

4 Se

p

US$/Gram Gold



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)4 Sep 2015

(US$) 46.1 500.5 245.3 1,216.5 2,033.5 47.3 250 (high)230 (low)

% change* 1.8 2.3 2.2 5.3 0.7 0.4 unchangedunchanged

2014i 54.6 - 107.6 823.3 352.3 1,718.3 2,615.8 59.8 370.0

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

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 n.a Not availble

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.

Highest and Lowest Prices, 2014/2015

Lowest (US$ per bbl)

Highest(US$ per bbl)

Crude Petroleum (4 Sep 2015)

US$46.1 per bbl

201413 June 2014: 107.6

201426 Dec 2014: 54.6

201529 May 2015: 60.3

201521 Aug 2015: 40.5

Lowest (US$ per MT)

Highest(US$ per MT)

Crude Palm Oil (4 Sep 2015)

US$500.5 per MT

201414 Mar 2014: 982.5

201426 Dec 2014: 664.0

201516 Jan 2015: 701.0

20154 Sep 2015: 500.5

Steel Bars(per MT)

RM1,600 - RM1,700

Average Domestic Prices, 28 Aug 2015

Billets(per MT)

RM1,300 - RM1,350



Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.

Commodity Price Trends

663.5658.5 661.5

648.5639.5

630.5622.5

599.5

577.5

551.0

512.5500.5

480

500

520

540

560

580

600

620

640

660

680

700

19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep

US$

/mt

Crude Palm Oil

2,173.6

2,188.9

2,250.9

2,207.6

2,195.2

2,197.72,183.8

2,231.5

2,058.0

2,094.5

2,115.5

2,047.3 2,033.5

2,000

2,050

2,100

2,150

2,200

2,250

2,300

12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep

US$

/mt

Cocoa

249.8

254.8

263.3265.8 266.8

248.3

242.0

234.0

228.5 228.0

240.0

245.3

200

210

220

230

240

250

260

270

280


US$

/mt

Raw Sugar

1,570.51,550.0

1,499.0

1,451.0 1,446.5

1,407.51,396.0

1,343.5 1,341.5

1,302.51,285.0

1,216.5

1,100

1,150

1,200

1,250

1,300

1,350

1,400

1,450

1,500

1,550

1,600


US$

/mt

Rubber SMR 20

5,740

5,779 5,843

6,245

6,469

6,515

6,864

7,822

7,707

7,967

7,894 7,806

7,507

7,286 7,267

7,853

7,148 7,063

7,296

6,742

7,027

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

2014 2015

USD

/ to

nne

Black Pepper

* until 4 September 2015

60.0 59.6 59.7

56.9

52.7

50.9

48.147.1

43.942.5

40.5

45.246.1

63.963.0 63.3

60.358.7

57.5

54.6

52.2

48.6 49.0

45.5

50.1 49.6

35

40

45

50

55

60

65

70

12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep

US$

/bbl

Crude Petroleum

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



Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.

Commodity Price Trends

1,727

1,695 1,705

1,811

1,751

1,839

1,948

2,030

1,990

1,946

2,056

1,909

1,815

1,818

1,774

1,819

1,804

1,688

1,640

1,548 1,500

1,600

1,700

1,800

1,900

2,000

2,100


2014 2015

US$

/ to

nne

Aluminium

14,101 14,204

15,678

17,374

19,401

18,629

19,118

18,600 18,035

15,812 15,807

15,962

14,849

14,574

13,756

12,831

13,511

12,825

11,413

10,386

9,000

11,000

13,000

15,000

17,000

19,000


2014 2015

US$

/ to

nne

Nickel

270.0 270.0 270.0 270.0

280.0 280.0 280.0

270.0

260.0

250.0 250.0

240.0250.0 250.0 250.0 250.0

260.0 260.0 260.0

250.0

230.0 230.0 230.0

220.0

200

210

220

230

240

250

260

270

280

290

300

17 Apr 24 Apr 8 May 15 May 29 May 5 Jun 19 Jun 3 Jul 24 Jul 7 Aug 14 Aug 28 Aug

US$

/mt

Scrap Iron

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

7,291

7,149

6,650 6,674

6,891

6,821

7,113 7,002

6,872

6,737

6,713

6,446

5,831

5,729

5,940 6,042

6,295

5,833

5,457

5,127

5,000

5,200

5,400

5,600

5,800

6,000

6,200

6,400

6,600

6,800

7,000

7,200

7,400


2014 2015

US$

/ to

nne

Copper

48.8

46.2

45.3

44.9 45.045.3

47.5 47.547.3 47.3 47.3 47.2

42.0

43.0

44.0

45.0

46.0

47.0

48.0

49.0

50.0

12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug

US$

/mt

Coal

128.1

121.4

111.8

114.6

100.6

92.7

96.192.6

82.4

81.0

74.0

68.0

68.0

63.0

58.0

52.0

60.063.0

52.0

56.0

40.0

50.0

60.0

70.0

80.0

90.0

100.0

110.0

120.0

130.0

140.0


2014 2015

US$/

dmtu

Iron Ore



“The Housewife who became a CEO”

TAJ Vision Sdn Bhd

TAJ International College first started out in 1996 as TAJ College, a small college in small town Ipoh. Founded by a respected local leader who chose education to uplift the local population, the path of fate made a turn in 2005 and the daughter was given a chance to shine.

Tina bt Tajuddin was a young housewife when her big challenge came. She was actually nursing a four months old baby when her destiny called. There was also the small matter of location, she was happily married and living in Kuala Lumpur while the college was back in her hometown of Ipoh which was a few hundred kilometres away. To make it even more difficult, her young family’s modest economic situation at the time meant that she could not even afford to own a motor vehicle. In order to make it work, she would have to get on a long distance bus at 4am every morning to get to work on time, only to return back to her already asleep children late at night.In true entrepreneurial fashion Tina surmounted her difficulties and emerged as a model SME Bank success story. Her intelligence, determination and business acumen transformed the modest college. She moved the college from a

shoplot setting to a perfect location which allowed her to easily grow and add to the facilities of the college. From the college’s early days of conducting scaffolding pre-university programmes, various educational qualifications were added such as certificates, diplomas, degrees and Masters degrees.

Apart from home-grown programmes at the certificate and diploma levels specialising in automotive engineering, beauty management, early childhood education, and various business, management and entrepreneurship programmes, the college further extended its sphere into entrepreneurial university programmes at the degree and Masters

level in partnership with leading universities such as UNITAR. Its latest foray is into healthcare education in collaboration with Cyberjaya University College of Medical Sciences (CUCMS).

SME Bank’s facilities to assist new entrepreneurs made great sense to Tina. With no commercial bank interested to even listen, it was SME Bank that assisted Tina to elevate her operations. In 2009 she received funding of RM4 million to upgrade her college building and facilities. In 2012 Tina obtained a series of funding totalling over RM4 million to meet her expansion plans.

Tina’s next goal is for her college to achieve the status of ‘University College’ by 2016. With her dynamism, ambition and quick thinking, we are sure she will be able to achieve this and more!

See more at: http://www.yoursuccessourstory.com/story03.html#page=page-1

MAIN CAMPUS (IPOH)

TAJ International College100-102 Jalan Tun Abdul Razak

30100 Ipoh, Perak Darul RidzuanTel : +6-05-528 6666 / 527 7092

Email : [email protected] Website: www.tic.edu.my



http://www.miti.gov.my/index.php/forms/form/13

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MITI ProgrammePerhimpunan Bulanan MITI & Agensi, 4 September 2015



TPP Briefing at Star Media Group Berhad, 3 September 2015



Outcome-based Budgeting Refresher Workshop, 3 - 5 September 2015,Melaka



Comments & SuggestionsDear Readers,Kindly click the link below for any comments in this issue. MWB reserves the right to edit and to republish letters as reprints. http://www.miti.gov.my/cms_matrix/form.jsp?formId=c1148fbf-c0a81573-3a2f3a2f-1380042c

Name : Muhammad Ariq Tan Abdullah

Designation : Assistant Accountant

Job Description : Managing payment process

Division : Account

Contact No : 603-6200 0102

Email : [email protected]

Name : Dg. Shalbia Abdul Ghani

Designation : Director

Job Description : Coordinate and monitor the formulation of

policies, strategies and programmes related to

trade facilitation and e-commerce

Division : Investment Policy and Trade Facilitation

Contact No : 603-6200 0150

Email : [email protected]

@ YOUR SERVICE

Documents

MITI in the News Malaysia’s Total Trade Grew 4.6 Per Cent ... Weekly... · RM63.23 billion compared with July 2014 while imports increased by 5.9 per cent to RM60.85 billion. The