Mwb vol 305

16 SEPTEMBER 2014

YAB Dato' Sri Mohd Najib bin Tun Haji Abdul RazakPrime Minister

“Every citizen has a place under the Malaysian sun. In celebrating our Merdeka Day and Malaysia Day, let us come together as one nation, 1Malaysia.”

MITI Weekly Bulletin/ www.miti.gov.my

“DR

IVIN

G T

ransformation, P

OW

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G G

rowth”

Jan-Jul 2014Jan-Jul 2013

RM352.4 bil.

RM379.5 bil.8.8%*

44

46

48

50

52

54

56

58

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

2013 2014

Trade

MALAYSIAManufacturing Indicators, January-July 2013 and January-July 2014

40

45

50

55

60

65

70


2013 2014

Exports

Imports

61.1

57.5

RM billion

Note: * y-o-y growth

Sales

11.4%*

5.6%*

Jan-Jul 2014

Jan-Jul 2013Exports

Imports

RM

302.

8 bi

l.

RM

337.

2 bi

l.

RM

319.

0 bi

l.

RM

336.

9 bi

l.

54.8

RM billion

Source : Department of Statistics, Malaysia

“DR

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MITI Weekly Bulletin/www.miti.gov.my

1,010

1,015

1,020

1,025

1,030

1,035


2013 2014

Employment

1,031

Persons (‘000)


1,017,796 persons

1,031,128 persons1.3%*

Index

90

95

100

105

110

115

120

125

130


2013 2014

Industrial Production Index125.8


111.8

119.97.2%*

GDP (Manufacturing Sector) January-June 2013 and January-June 2014

Jan-June 2014Jan-June 2013

RM113.3 bil.

RM125.1 bil.10.4%*

RM billion

54

56

58

60

62

64

66

Q1 Q2 Q3 Q4 Q1 Q2

2013 2014

64.6

Note: * y-o-y growthSource : Department of Statistics, Malaysia

Manufacturing Indicators, January-July 2013 and January-July 2014


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GermanyUS$263.8 billion

P.R. ChinaUS$259.0 billion

2

Saudi ArabiaUS$207.8 billion

3

RussiaUS$180.3 billion

4

UAEUS$128.0 billion

5

MalaysiaUS$22.3 billion

22

Source: World Trade Organization

Largest Trade Surplus, 2013

0 0

1

0

50

100

150

200

250

300

2008 2009 2010 2011 2012 2013

US$

bill

ion

Trade Surplus, 2008-2013

Germany P.R. China

Saudi Arabia Russia

United Arab Emirates (UAE) Malaysia

USA-US$749.5 billion

205

India-US$152.8 billion

204

Japan-US$118.1 billion

203

UK-US$113.7 billion

202

France-US$101.3 billion

201

-1,000

-800

-600

-400

-200

0

200

2008 2009 2010 2011 2012 2013

US$

bil

lio

n

Trade Deficit, 2008-2013

USA India Japan UK France

Largest Trade Deficit, 2013


“DR

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18

20

22

24

26

28

30

35

36

37

38

39

40

41

42

43

44

45

3 Jan 10 Jan 17 Jan 24 Jan 30 Jan 7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr 2 May 9 May 16 May 23 May 30 May 6 Jun 13 Jun 20 Jun 27 Jun 4 Jul 11 Jul 18 Jul 1 Aug 8 Aug 15 Aug 22 Aug 29 Aug 5 Sep

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

Silver

Gold

US$/MT

Gold (US$/gramme) Silver (US$/oz)

Source : http://econ.worldbank.org

Malaysian Ringgit Exchange Rate with British Pound Sterling and Chinese Renminbi, January 2013-August 2014

Gold and Silver Prices, 3 January-5 September 2014

Aluminium, Nickel and Copper Prices, January 2013-August 2014

0

5000

10000

15000

20000

Jan 13 Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sep 13 Oct 13 Nov 13 Dec 13 Jan 14 Feb 14 Mar 14 Apr 14 May 14 Jun 14 Jul 14 Aug 15

Aluminum Copper Nickel US$18,600

US$7,002

US$2,030

Source : Bank Negara, Malaysia

0.450.460.470.480.490.500.510.520.530.540.550.56

4.00

4.20

4.40

4.60

4.80

5.00

5.20

5.40

5.60

Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar Apr May June July Aug

2013 2014

British Pound Sterling (GBP) Chinese Renminbi (RMB)1 GBP = RM 5.31

1 RMB = RM 0.52


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Weekly Number and Value of Preferential Certificates of Origin (PCOs)

Source: Ministry of International Trade and Industry, Malaysia

Number of CertificatesValue 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)

Value of Preferential Certificates of Origin

Number of Certificates

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)

Number of Certificates

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

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

20 Jul 2014 807 513 137 4,153 1,205 872

27 Jul 2014 796 547 226 4,115 1,418 849

3 Aug 2014 182 178 130 128 461 282

10 Aug 2014 981 552 228 4,202 1,375 697

17 Aug 2014 923 608 183 4,533 1,300 740

24 Aug 2014 921 641 211 4,797 1,541 883

31 Aug 2014 863 617 140 4,295 1,412 689

7 Sep 2014 891 571 240 4,243 1,508 754

MICECA MNZFTA MCFTA MAFTA

20 Jul 2014 250 16 50 35827 Jul 2014 243 8 48 4023 Aug 2014 82 1 27 128

10 Aug 2014 310 13 67 46617 Aug 2014 305 4 44 41624 Aug 2014 345 3 84 44931 Aug 2014 323 12 66 3367 Sep 2014 317 3 73 406

MJEPA MPCEPA GSP

20 Jul 2014 730 127 24327 Jul 2014 705 151 1393 Aug 2014 376 30 46

10 Aug 2014 838 161 14917 Aug 2014 659 188 10924 Aug 2014 882 184 18031 Aug 2014 822 160 1457 Sep 2014 877 172 123

20 Jul 27 Jul 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 SepAANZFTA 67 82 35 98 101 98 89 84AIFTA 535 121 33 145 164 194 161 166AJCEP 30 93 66 88 50 70 82 106

0

100

200

300

400

500

600RM

mill

ion

20 Jul 27 Jul 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 SepATIGA 646 643 10 657 4,493 9,254 9,125 710ACFTA 356 624 116 669 354 829 739 632AKFTA 598 244 213 335 138 648 312 144

0

2,000

4,000

6,000

8,000

10,000

12,000

RM m

iliio

n

20 Jul 27 Jul 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 SepMICECA 35.63 54.12 9.60 54.55 63.28 46.40 54.69 42.14MNZFTA 0.32 0.14 0.14 0.23 0.11 0.03 0.32 0.32MCFTA 6.41 6.38 2.71 8.04 7.37 14.07 8.08 9.47MAFTA 29.89 32.67 9.56 33.85 27.45 36.14 28.93 31.68

0

10

20

30

40

50

60

70

RM

mill

ion

20 Jul 27 Jul 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 SepMJEPA 131 128 455 105 108 608 384 137MPCEPA 22 43 8 37 78 24 82 49GSP 26 39 10 82 15 30 23 21

0

100

200

300

400

500

600

700

RM m

illio

n


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Crude Petroleum (5 September 2014)

US$91.5 per bbl Crude Palm Oil(5 September 2014)

US$697.0 per MT

Lowest (US$ per bbl)

5 Sep 2014: 91.519 Apr 2013: 88.1

Highest

(US$ per bbl) 13 Jun 2014: 107.6

Sep 2013: 110.2

Highest

(US$ per MT)14 Mar 2014: 982.515 Nov 2013: 925.0

Lowest (US$ per MT)

29 Aug 2014: 693.0 4 Jan 2013: 800.0

5 September 2014 domestic prices for :1. Billets (per MT) : RM1,700 – RM1,750 2. Steel bars (per MT) : RM1,900 - RM2,050

Commodity Price Trends, 1 August-5 September 2014

Highest & Lowest Prices, 2013/2014

Commodity Prices

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)5 Sep 2014

(US$) 91.5 697.0 333.5 1,507.0 2,674.2 56.5 380.0 (high)370.0 (low)

% change* 3.3 0.6 3.5 6.7 5.4 4.2 unchangedunchanged

2013i 88.1 - 108.6 805.5 361.6 2,390.8 1,933.1 .. 485.62012i 77.7 - 109.5 1,000.4 473.8 952.5 2,128.9 .. 444.72011i 80.3 - 112.7 1,124.0 647.0 1,348.3 2,644.8 .. 491.0

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 :

1 Aug 8 Aug 15 Aug 22 Aug 29 Aug 5 Sep

Rubber SMR 20/MT 1695.5 1660.5 1666.5 1647.5 1614.5 1507 Cocoa SMC 2/MT 2,789.1 2,819.4 2,827.0 2,827.0 2,683.0 2,674.2 Crude Palm Oil/MT 822.0 792.0 750.0 720.0 693.0 697.0 Raw Sugar/MT 354.3 339.5 340.5 337.5 345.5 333.5

Rubber SMR 20

Cocoa SMC 2

Crude Palm Oil

Raw Sugar

0

500

1000

1500

2000

2500

3000U

S$/M

T

1 Aug 8 Aug 15 Aug 22 Aug 29 Aug 5 Sep Crude

Petroleum/bbl 98.5 95.7 93.8 94.5 94.6 91.5

Scrap Iron/MT 380.0 380.0 380.0 380.0 380.0 380.0 Iron Ore/MT 140.0 140.0 130.0 130.0 130.0 130.0 Coal/MT 60.5 60.0 60.1 59.0 57.2 56.5

Crude Petroleum

Scrap Iron

Iron Ore

Coal

0

50

100

150

200

250

300

350

400

88

90

92

94

96

98

100

US$

/MTUS$

/bbl

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Monetory Authority of Singapore: Survey of Professional Forecasters (September 2014)

Source : MITI Singapore

GDP Growth:3.3%

Forecasts (y-o-y change) of Key

Macroeconomics Indicators 2014

Private

Consu

mption

:

2.0%

Non-oil Domestic

Exports: -1.1%

Unemployment

Rate: 2.0%

Core Inflation:

2.2%

India’s Economic Performance, Q1 2014/2015

Inflation Rate 5.5% Industrial Production Index 3.9%

Foreign Trade Foreign Direct Investment

US$7.2 bil.increased

34% (y-o-y)

Total Trade: US$193.3 bil., 0.8%Exports: US$80.1 bil., 9.3%Imports: US$113.2 bil., 6.9%

Source : MITI New Delhi

Economy grew 5.7%

(US$239.8 bil)

Servicesgrew

6.7% (US$167.8 bil)

Manufacturinggrew

3.5% (US$35.6 bil)

Mining & Quarrying

grew

2.1% (US$4.3 bil)

Agriculturegrew

3.8% (US$32.0 bil)

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Source : MATRADE

AJV Electronics Sdn.Bhd.AJV Electronic Devices (M) Sdn. Bhd. was incorporated in 1994 to undertake business in telecommunication manufacturing. The company was one of the qualified participants selected into the Bumiputera Exporters Development Programme (BEDP) in 2006. This would prove to be one of the company’s most significant milestones, as today they have presence in Brunei, Oman, Indonesia and Germany.

Within three years, AJV succeeded in participating in trade and investment missions to the USA, Argentina, Mexico, India, Pakistan, Europe, Korea, Japan and Hong Kong SAR. Other than that, AJV also participated in the ASIA Plus Expo in Johannesburg in 2006, CEBIT in Hannover in 2007 and 2008 and DITEX in Dubai, in 2008.

Through the BEDP, AJV has gained leverages that would propel them to be one of the leading names in the industry. New foreign markets, new ideas, technology and business models contributed to AJV’s growth into one of the most admired companies in Malaysia.

Today, AJV is eyeing Middle Eastern countries such as Saudi Arabia, the UAE, CIS countries such as Turkmenistan and Kazakhstan, as well ASEAN.

Contact Details

Lot 1624, 1623 & 1622MARA Industrial Lots MK 8, Pongsu Seribu13200 Kepala Batas, Penang T: +604-5756218 F: +604-5756217W: http://www.ajv.com.my


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Dear 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

Comments & Suggestions

MITI Regional Office

Name : Noradalina AbdullahDesignation : Administrative AssistantRegional Office : SarawakJob Description : Responsible for processing Certificates of OriginEmail : [email protected] Details : 082-257175

Name : Daniel A/k AnggueDesignation : Administrative AssistantRegional Office : SarawakJob Description : Responsible for processing Certificates of OriginEmail : [email protected] Details : 082-257175

MITI Cycling Team Participated at Kuala Lumpur Car Free Morning, Dataran DBKL, 7 September 2014


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Mwb vol 305

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