malaysia records 18.8pc growth in investments for q1 2015 … weekly bulletin/miti... · 2015. 6....

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Malaysia saw an 18.8 per cent jump in investments in the first quarter of 2015.Primary, services and manufacturing sectors recorded RM57.4 billion worth of approved investments between January and March. e manufacturing sector led with RM33.6 billion, accounting for 58.5 per cent of the total.International Trade and Industry Minister Datuk Seri Mustapa Mohamed said Malaysia showed Malaysia records 18.8pc growth in investments for Q1 2015 Mustapa Mohamed Source :New Straits Times, 2 Jun 2015 it was still able to hold on in an increasingly competitive environment. "is is an excellent performance but we must sustain the momentum."Competition has risen and we need to ensure that we stay one step ahead," he told a media briefing. On the investments, he noted the bulk came from domestic sources which contributed RM47.4 billion or 82.6 per cent of the total. e Petronas project in Pengerang, Johor, to build a refinery and cracker plant as well as expansion and diversification by existing electrical and electronics (E&E) manufacturers.Almost 75 per cent of the E&E projects in the period will export 80 per cent of their products. MITI Weekly Bulletin / www.miti.gov.my “DRIVING Transformation, POWERING Growth”

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  • Malaysia saw an 18.8 per cent jump in investments in the first quarter of 2015.Primary, services and manufacturing sectors recorded RM57.4 billion worth of approved investments between January and March. The manufacturing sector led with RM33.6 billion, accounting for 58.5 per cent of the total.International Trade and Industry Minister Datuk Seri Mustapa Mohamed said Malaysia showed

    Malaysia records 18.8pc growth in investments for Q1 2015

    Mustapa Mohamed

    Source :New Straits Times, 2 Jun 2015

    it was still able to hold on in an increasingly competitive environment. "This is an excellent performance but we must sustain the momentum."Competition has risen and we need to ensure that we stay one step ahead," he told a media briefing.On the investments, he noted the bulk came from domestic sources which contributed RM47.4 billion or 82.6 per cent of the total. The Petronas project in Pengerang, Johor, to build a refinery and cracker plant as well as expansion and diversification by existing electrical and electronics (E&E) manufacturers.Almost 75 per cent of the E&E projects in the period will export 80 per cent of their products.

    MITI Weekly Bulletin / www.miti.gov.my

    “DR

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    rowth”

  • Source : BERNAMA, 29 MAY 2015

    ASEAN Showcases Small and Medium-sized Enterprises

    MITI Weekly Bulletin / www.miti.gov.my

    In conjunction with Malaysia’s chairmanship of ASEAN this year, the Ministry of International Trade and Industry (MITI) and Small and Medium-sized Enterprises Corporation Malaysia (SME Corp. Malaysia) hosts the landmark event of 2015 - the ASEAN SME Showcase and Conference (ASSC). Officiated by the Deputy Prime Minister of Malaysia, YAB Dato’ Haji Tan Sri Muhyiddin Yassin.

    “Recognising the importance of SMEs, the ASEAN Economic Community (AEC) Blueprint has a dedicated strategic approach on Equitable Economic Development of SMEs. This document is complemented by the ASEAN Strategic Action Plan for SME Development (SAP SMED), with the current plan focusing from 2010 to 2015,” said DPM Muhyiddin Yassin. “Moving forward, for 2016 - 2025, new strategic goals are being planned. These goals will focus more on innovation, technology and productivity. They will promote the development of entrepreneurs and SMEs that will provide higher value in the global supply chain,” he added. Themed “One Business, One Community,” over 100 ASEAN SMEs and 200 Malaysian SMEs participated in ASSC 2015. The event provided a forum for exchange of trade information, establishing synergies and more than 450 business matching meetings that have been pre-arranged. The three-day event includes the ASEAN SME Showcase, ASEAN SME Conference and ASEAN Business XchanGE Platform. It is expected to draw more than 10,000 trade visitors. The Showcase comprises of 60%

    local and 40% regional as well as international exhibitors. These individual components are designed to provide real opportunities for SMEs to showcase their best products and services, forge strategic business partnerships and initiate dialogue for ASEAN development solutions. “ASEAN is currently one of the most dynamic and fastest-growing regions in the world. It is a known fact that with a sizeable population of 633 million, ASEAN offers a significant consumer market base with distinct needs and increasing purchasing power. ASSC 2015 is a gateway to tap the potential of ASEAN as a single market, with organic growth opportunities, especially for the SME Community,” said YB Dato' Sri Mustapa Mohamed, Minister of International Trade and Industry of Malaysia. In recognition of SMEs as the backbone of ASEAN economies, ASSC 2015 sets the foundation for regional cooperation, especially to help prepare the SMEs for the AEC, by way of regionalising SMEs in ASEAN for global reach. “In promoting ASSC 2015, I met various state Ministers

    and high-influence positions from ASEAN and if I were to highlight one common aspect – it would be their high-appetite for risks, growth, and development. ASSC 2015 was a much needed regional platform for them to demonstrate their capacity, capability and competitiveness for tapping the big ASEAN market potential. I am confident, beyond any doubt, that after three days from now, ASSC 2015 will generate tangible outcomes for every participating organisation, government institution, businesses and entrepreneurs,” concluded YBhg. Dato’ Hafsah Hashim, Chief Executive Officer, SME Corp. Malaysia. ASSC 2015 witnessed the official launching of ASEAN Market Place, a portal designed specifically for ASEAN SMEs. The portal features a robust directory of ASEAN SMEs to catalyze strategic partnerships and foster business relationships within the ASEAN SME community. SME Corp. Malaysia shared that the event will create vast investment opportunities across three days through face-to-face Business Matching Sessions, establishing linkages between SMEs in Malaysia and ASEAN Member States. According to the projections, the potential sales value targeted at ASSC 2015 will be to the tune of RM400 million as a result of the negotiations in priority sectors such as aerospace; automotive & rail; oil & gas; retail (hypermarkets); healthcare; electrical & engineering etc. Some of the anchor companies in attendance include BAE Systems, Tesco, Bosch, Sime Darby, Procter & Gamble, and e-Bay amongst others.

    “DR

    IVIN

    G T

    ransformation, P

    OW

    ERIN

    G G

    rowth”

  • 3.4

    3.5

    3.5

    3.4

    3.2

    3.3

    3.2

    3.3

    2.6

    2.8

    3.0

    2.7

    1.0

    0.1

    0.9

    1.8

    0.0

    0.5

    1.0

    1.5

    2.0

    2.5

    3.0

    3.5

    4.0

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

    %

    MALAYSIA Inflation Rate, 2014 - Apr 2015

    Source : Department of Statistics, Malaysia

    386.5

    RM386.5 bil.

    MITI Weekly Bulletin / www.miti.gov.my

    Note: Urban* are defined as gazetted areas and built-up areas which borders to it, and the combination of these two areas have a population of 10,000 or more. Built-up area is defined as the area located next gazetted areas and have at least 60 percent of the population (aged 15 years and over) who are involved

    “DR

    IVIN

    G T

    ransformation, P

    OW

    ERIN

    G G

    rowth”

    2014 2015

    CPI for Selected Main Groups , Apr 2015 Food And

    Non-Alcoholic Beverages

    Urban : 119.0Rural : 115.2Malaysia: 118.0

    Education

    Urban : 112.8Rural : 110.0Malaysia: 112.4

    Communication

    Urban : 100.0Rural : 101.4Malaysia: 100.2

    Housing, Water,Electricity and

    Other Fuels

    Urban : 111.1Rural : 108.3Malaysia: 110.6

    Transport

    Urban : 106.1Rural : 106.1Malaysia: 106.1

  • Food And Non-Alcoholic

    Beverages

    Alcoholic Beverages

    And Tobacco

    Clothing and

    Footwear

    Housing, Water,Electricity and

    Other Fuels

    Furnishings, Household ,

    Equipment and Routine Household

    Maintainance

    Transport

    Communication

    Recreation,Services and

    Culture

    Education

    Restaurantsand

    Hotels

    MiscellaneousGoods

    and Services

    Consumer Price Index (CPI) by Major Categories, April 2015

    Apr. 2015 % Change 2015/21014Apr. 2014

    114.4

    121.7

    98.7

    108.1

    106.5

    109.1

    111.4

    97.9

    104.9

    109.5

    116.4

    105.4

    118.0

    Health

    137.5

    99.4

    110.6

    109.0

    114.6

    106.1

    100.2

    106.5

    112.4

    121.4

    109.7

    13.0

    0.7

    2.3

    2.3

    5.0

    4.8

    2.3

    1.5

    2.6

    4.3

    4.1

    3.1

    “DR

    IVIN

    G T

    ransformation, P

    OW

    ERIN

    G G

    rowth”

    Note : % change year-on-year -The Consumer Price Index (CPI) measures the percentage change through time in the cost of purchasing a constant basket of goods and services representing the average pattern of purchases made by a particular population in a specified time period

    MITI Weekly Bulletin / www.miti.gov.mySource : Department of Statistics, Malaysia

  • Investment Climate IndexCountry

    Rank2013 2014

    The Index evaluates and ranks according to six criteria: Rule of Law, Openness to International Trade &Business, Taxation, Corruption, Political Stability, and Fiscal & Monetary Administration.

    MITI Weekly Bulletin / www.miti.gov.my

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

    Singapore 1 1

    MALAYSIA

    Brunei

    Thailand

    Philippines

    Indonesia

    Cambodia

    Viet Nam

    Laos

    Myanmar

    “DR

    IVIN

    G T

    ransformation, P

    OW

    ERIN

    G G

    rowth”

    5 5

    9 9

    10 1012 1215 13

    14 14

    13 15

    18 18

    19 19

    Source : http://www.vrienspartners.com/wp-content/uploads/2014/04/VP-Asia-Pacific-Investment-Climate-Index-2014.pdf

    and You’ ’

  • “DR

    IVIN

    G T

    ransformation, P

    OW

    ERIN

    G G

    rowth”

    International Repor tU.S. Economic Indicators

    -0.20%(April 2015)

    -0.07%(March 2015)

    Inflation Rate

    5.4%(April 2015)

    5.5%(March 2015)

    Unemployment Rate

    MITI Weekly Bulletin / www.miti.gov.my

    Source: US Breau of Economic Analysis

    236.6(April 2015)

    236.1(March 2015)

    Consumer Price Index

    -0.7% (GDP Q1 2015,

    Second Estimate)

    0.2% (GDP Q1 2015,

    Advance Estimate)

    Gross Domestic Product

  • Top Ten Women Who Lead The World

    1Angela Merkel

    Chancellor, Germany

    2Hillary Clinton

    Presidential Candidate, United States

    3Melinda GatesCochairwoman,

    Bill & Melinda Gates Foundation,

    United States

    4Janet YellenChairwoman,

    Federal Reserve Bank, United States

    5Mary Barra

    CEO, General Motors, United States

    10 Michelle Obama

    First Lady, United States

    9Susan WojcickiCEO, Youtube, United States

    8Sheryl Sandberg

    COO of Facebook, United States

    7Dilma RousseffPresident, Brazil

    6Christine LagardeManaging Director,

    International Monetary Fund, France

    MITI Weekly Bulletin / www.miti.gov.mySource:http://www.forbes.com

    “DR

    IVIN

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    ransformation, P

    OW

    ERIN

    G G

    rowth”

  • 2.60

    2.70

    2.80

    2.90

    3.00

    3.10

    3.20

    3.30

    36.00

    38.00

    40.00

    42.00

    44.00

    46.00

    48.00

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

    2014 2015

    100 HKD = RM 100 JPY = RM

    100 JPY = RM 3.04

    100 HKD = RM 46.90

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

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

    Malaysian Ringgit Exchange Rate with Hong Kong Dollar and Japanese Yen

    Gold Prices, 23 January - 29 May 2015

    Silver Prices, 23 January - 29 May 2015

    Source : Bank Negara, Malaysia

    “DR

    IVIN

    G T

    ransformation, P

    OW

    ERIN

    G G

    rowth”

    MITI Weekly Bulletin / www.miti.gov.my

    41.6

    38.3

    35.0

    36.0

    37.0

    38.0

    39.0

    40.0

    41.0

    42.0

    43.0

    23 Ja

    n

    30 Ja

    n

    6 Fe

    b

    13 F

    eb

    20 F

    eb

    27 F

    eb

    6 M

    ar

    13 M

    ar

    20 M

    ar

    27 M

    ar

    3 Ap

    r

    10 A

    pr

    17 A

    pr

    24 A

    pr

    29 A

    pr

    8 M

    ay

    15 M

    ay

    22 M

    ay

    29 M

    ay

    US$/Gram Gold

    18.3

    16.8

    14.0

    14.5

    15.0

    15.5

    16.0

    16.5

    17.0

    17.5

    18.0

    18.5

    19.0

    23 Ja

    n

    30 Ja

    n

    6 Fe

    b

    13 F

    eb

    20 F

    eb

    27 F

    eb

    6 M

    ar

    13 M

    ar

    20 M

    ar

    27 M

    ar

    3 Ap

    r

    10 A

    pr

    17 A

    pr

    24 A

    pr

    29 A

    pr

    8 M

    ay

    15 M

    ay

    22 M

    ay

    29 M

    ay

    US$/Oz Silver

  • Source: Ministry of International Trade and Industry, Malaysia

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

    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)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)

    5 Apr 12 Apr 19 Apr 26 Apr 3 May 10 May 17 May 24 MayAANZFTA 87 68 85 76 54 66 78 85AIFTA 212 83 143 125 129 149 167 130AJCEP 85 84 70 59 37 97 54 81

    0

    50

    100

    150

    200

    250

    RM

    mill

    ion

    5 Apr 12 Apr 19 Apr 26 Apr 3 May 10 May 17 May 24 MayATIGA 2,475 784 859 944 2,660 793 1,004 811ACFTA 663 483 757 1,150 555 635 634 774AKFTA 131 138 143 231 160 210 1,955 431

    0

    500

    1,000

    1,500

    2,000

    2,500

    3,000

    RM

    mill

    ion

    5 Apr 12 Apr 19 Apr 26 Apr 3 May 10 May 17 May 24 MayMICECA 64.51 55.21 79.98 48.47 36.94 40.91 68.16 63.69MNZFTA 0.06 0.47 0.09 0.35 0.14 0.06 0.28 0.32MCFTA 9.08 8.54 29.11 6.10 5.82 24.68 38.86 22.92MAFTA 35.39 26.70 39.58 37.35 29.77 26.38 38.37 29.92

    0

    10

    20

    30

    40

    50

    60

    70

    80

    90

    RM m

    illio

    n

    5 Apr 2015 12 Apr 2015 19 Apr 2015 26 Apr 2015 3 May 2015 10 May 2015 17 May 2015 24 May 2015

    AANZFTA 869 770 903 804 640 689 826 978AIFTA 708 462 616 533 507 649 636 609AJCEP 209 163 181 209 121 191 210 236ATIGA 4,496 3,719 4,001 4,231 3,325 4,009 4,872 4,573ACFTA 1,464 1,484 1,763 1,618 1,196 1,355 1,571 1,659AKFTA 767 661 759 941 650 704 934 769MICECA 385 322 335 338 262 335 383 337MNZFTA 3 6 6 16 2 4 11 15MCFTA 52 54 80 46 57 51 63 55MAFTA 402 290 466 428 317 343 410 349MJEPA 836 819 632 866 659 797 849 931MPCEPA 160 125 250 141 112 149 115 176GSP 164 68 102 134 104 110 140 132

    5 Apr 12 Apr 19 Apr 26 Apr 3 May 10 May 17 May 24 MayMJEPA 191 146 105 136 88 128 141 233MPCEPA 20 33 93 18 17 20 14 58GSP 21 9 14 21 13 34 25 20

    0

    50

    100

    150

    200

    250

    RM

    mill

    ion

    Value of Preferential Certificates of Origin

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

    “DR

    IVIN

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    ransformation, P

    OW

    ERIN

    G G

    rowth”

    MITI Weekly Bulletin / www.miti.gov.my

  • 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)29 May 2015

    (US$) 60.3 648.8 262.3 1,629.0 2,213.8 50.3 280 (high)

    260 (low)

    % change* 1.0 1.0 5.8 6.9 1.2 2.5 3.74.0

    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

    “DR

    IVIN

    G T

    ransformation, P

    OW

    ERIN

    G G

    rowth”

    MITI Weekly Bulletin / www.miti.gov.my

    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 (29 May 2015)

    US$60.3 per bbl

    201413 June 2014: 107.6

    201426 Dec 2014: 54.6

    201529 May 2015: 60.3

    201513 Mar 2015: 44.8

    Lowest (US$ per MT)

    Highest(US$ per MT)

    Crude Palm Oil (29 May 2015)

    US$648.8 per MT

    201414 Mar 2014: 982.5

    201426 Dec 2014: 664.0

    201516 Jan 2015: 701.0

    20156 Feb 2015: 621.0

    Steel Bars(per MT)

    RM1,780 - RM1,880

    Average Domestic Prices, 29 May 2015

    Billets(per MT)

    RM1,420 - RM1,480

  • 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“D

    RIV

    ING

    Transform

    ation, PO

    WER

    ING

    Grow

    th”

    MITI Weekly Bulletin / www.miti.gov.my

    673.5

    648.0

    650.5

    658.5

    661.0

    651.5

    659.5

    656.5

    647.0

    654.0655.0

    648.8

    630

    635

    640

    645

    650

    655

    660

    665

    670

    675

    680

    13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 29 Apr 8 May 15 May 22 May 29 May

    US$

    /mt

    Crude Palm Oil

    2,110.42,107.8

    1,974.8

    2,042.92,017.1

    2,042.1 2,067.5

    2,045.4

    2,143.9

    2,109.6

    2,260.7

    2,186.5

    2,213.8

    1,900

    1,950

    2,000

    2,050

    2,100

    2,150

    2,200

    2,250

    2,300

    6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 29 Apr 8 May 15 May 22 May 29 May

    US$

    /mt

    Cocoa

    291.0

    283.8

    272.5

    275.5 275.5

    283.6

    291.8

    287.0288.8

    287.5

    278.3

    262.3

    245

    250

    255

    260

    265

    270

    275

    280

    285

    290

    295

    13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 29 Apr 8 May 15 May 22 May 29 May

    US$

    /mt

    Raw Sugar

    1,412.51,405.5

    1,413.5

    1,403.01,373.01,390.0

    1,405.0

    1,435.0

    1,502.01,510.0

    1,523.5

    1,629.0

    1,350

    1,400

    1,450

    1,500

    1,550

    1,600

    1,650

    13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 29 Apr 8 May 15 May 22 May 29 May

    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

    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

    2014 2015

    USD

    / to

    nne

    Black Pepper

    * until 29 May 2015

    44.8

    46.6

    48.9 49.1

    51.6

    55.7

    57.2

    58.659.4 59.7 59.7

    60.3

    40

    45

    50

    55

    60

    65

    13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 29 Apr 8 May 15 May 22 May 29 May

    US$

    /bbl

    Crude Petroleum

  • 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“D

    RIV

    ING

    Transform

    ation, PO

    WER

    ING

    Grow

    th”

    MITI Weekly Bulletin / www.miti.gov.my

    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

    1,500

    1,600

    1,700

    1,800

    1,900

    2,000

    2,100

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

    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

    12,000

    13,000

    14,000

    15,000

    16,000

    17,000

    18,000

    19,000

    20,000

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

    2014 2015

    US$

    / to

    nne

    Nickel

    280.0

    260.0

    270.0 270.0 270.0 270.0 270.0 270.0 270.0 270.0 270.0

    280.0

    250.0

    240.0

    250.0 250.0 250.0 250.0 250.0 250.0 250.0 250.0 250.0

    260.0

    200

    220

    240

    260

    280

    300

    320

    340

    13 Feb 27 Feb 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 8 May 15 May 29 May

    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

    5,500

    5,700

    5,900

    6,100

    6,300

    6,500

    6,700

    6,900

    7,100

    7,300

    7,500

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

    2014 2015

    US$

    / to

    nne

    Copper

    58.4 58.6 58.5 58.2

    56.4

    55.2

    54.4

    53.3

    52.0 51.8 51.6

    50.3

    46.0

    48.0

    50.0

    52.0

    54.0

    56.0

    58.0

    60.0

    13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 29 Apr 8 May 15 May 22 May 29 May

    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

    68.063.0

    58.0

    52.0

    40.0

    50.0

    60.0

    70.0

    80.0

    90.0

    100.0

    110.0

    120.0

    130.0

    140.0

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

    2014 2015

    US$

    /dm

    tu

    Iron Ore

  • Avialite Sdn BhdLike other companies, Avialite, which produces LED (Light Emiting Diodes) aviation warning lights since 2004, has many plans and challenges, but if given the choice, the first thing on the agenda is to recover its main market , Indonesia.

    Since 2008, its market in Indonesia has been monopolised by brands from China. “China offers very low prices and substandard quality products which affect the market,” explains Aviliate’s proprietor, Hee Hwee Leng.The Seri Kembangan-based company, established in 2004, is also feeling the effect of the world economic recession. The company faces challenges such as adhering to different requirements for approval by TELCOs in different countries, as well as expensive product testing fees and Customs issues in various countries.

    However, with its high quality products, customer-oriented approach and competitive pricing, supported by its management’s and employees’ experience, tenacity and commitment, Avialite has managed to reap rewards in terms of achievements in its last six years of operation. managed to reap rewards in terms of achievements in its last six years of operation.

    Gratitude is due to agencies such as SME Corp, MATRADE and MIDA which have provided significant support and financial assistance. The Matching Grant , trade missions, trade fairs, the Market Development Grant (MDG) and pioneer status are among the assistance received from these agencies which gave the company a much-needed boost .Hee also explained the impact of the assistance such as pioneer status awarded to the company by the Ministry of International Trade and Industry whereby, tax exemption was provided during the company’s formative years.

    “One such example also,” says Hee “is SME Corp’s Matching Grant which enabled significant improvements in its production system (from manual to semi-auto) and also implementation of ISO and OHSAS.”“Wi th MATRADE- organised trade missions and trade fairs, such as INTRADE 2009, we get to network wih some potential clients,” she adds.

    This has helped Avialite to promote its product globally. Besides MATRADE, MIDA has also organised trade missions from which the company managed to win over some potential clients.“However, we will have to follow up closely as our product is in the niche market . It takes quite a long time to get the TELCO’s approval,” she says.

    Today, the company’s achievements are encouraging with annual sales of RM1.6 million in 2009 alone. Its profit for that same yearwas recorded at RM450,000.With the cooperation between management and i ts 20 staf f with one branch in Kuala Terengganu, Avialite has doubled its production to 2,000 units a month.How does it prepare itself to face possible challenges in the future? “We will be doing more R&D to develop more high quality and green technology compatible products,” says Hee.

    The company is focussing on expanding its exports and diversifying its LED products forusage at sea, and as road lights as well as producing solar-powered lights.The company is now looking at the introduction of new models of LED Low Intensity Aviation Warning Lights for its short-term planning.

    As for the long term, it hopes to produce LED Medium Intensity Aviation Warning Lights, LED Marine Lights and LED Helipad Lights for domestic and international markets.Some of the awards and recogni tion it has duly received since it s tar ted operations were the SIRIM’s Product Testing, ISO 9001:2008, OHSAS 18001:2007, and MATRADE WTOP.

    AVIALITE SDN BHD21, Jalan PBS 14/3, Taman Perindustrian Bukit Serdang 43300 Seri Kembangan, Selangor TEL: +60 3-8941 4227EMAIL: [email protected]

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  • MITI ProgrammeASEAN Showcase

    25-28 May 2015

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