miti in the news spain businesses keen to invest here download images... · officials from...
TRANSCRIPT
Ministry of International Trade and Industry, Malaysia
No. ISSN: 2180-0448“D
RIV
ING
Transform
ation, PO
WER
ING
Grow
th”
Source:New Straits Times, October 20, 2014
MITI in the newsSpain Businesses Keen to Invest Here
MITI Weekly Bulletin / www.miti.gov.my
SPANISH businesses are keen to invest in Malaysia and have expressed keen interest in broad sectors, including the high-speed rail project linking Kuala Lumpur and Singapore. International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said Spain’s investments in Malaysia, although small, still totalled a significant US$2.5 billion (RM8.2 billion) through Acerinox and Tecnicas Reunidas. This, he said, had lifted Spain’s profile in Malaysia.“The flow of investments from Spain marks a diversification in the volume of quality investments we are targeting for in Europe,” he said at a forum on investment opportunities, here, yesterday. Germany, Britain and France are traditionally the main sources of foreign direct investments to Malaysia.For the first half of this year, the Malaysian Investment Development Authority has approved US$64.8 million in investments from manufacturing projects. Mustapa is leading the biggest high-powered delegation to Spain, which included state investment officials as well as senior officials from DRB-HICOM Bhd and Mara Aerospace & Technologies Sdn Bhd. Mustapa, who co-chaired the forum that was attended by captains of industry, including in automotive, renewable energy, steel industry and biotechnology, said the Spanish presence was in the engineering, stainless steel and IT solutions sectors. The flow of Spanish investments into Malaysia was started by Tecnidas Reunidas when it won a US$1.5 billion contract from Petronas for the Refinery and Petrochemical Integrated Development project in Pengerang, Johor, while Acerinox’s Bahru Stainless Steel Sdn Bhd in Johor
involved an investment of US$852 million. There are 18 Spanish regional establishments located in Malaysia, including Scytl and Elevadores Goian. Meanwhile, Spanish firms are keen to participate in the US$14 billion 350km high-speed rail project.Officials briefed Mustapa on the Spanish experience when he visited the Madrid Atocha Station. Spain is currently working closely with Singapore’s local transportation authorities on engineering collaboration and has offered to do the same with Malaysia. Its Secretary of State for Trade, Jaime Garcia-Legaz, also highlighted the success of a Spanish consortium in undertaking a high-speed rail project linking Mecca and Medina in Saudi Arabia. Garcia-Legaz, in his bilateral meeting with Mustapa, said the current US$1.05 billion trade volume between Spain and Malaysia was low, necessitating the need to remove obstacles by way of the Malaysia-European Union Free Trade Agreement.
Source : Department of Statistics, Malaysia
Labour Force (‘000)13,926.2
MITI Weekly Bulletin | www.miti.gov.my
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin | www.miti.gov.my
MALAYSIA
Employed (‘000)13,546.5
Labour Force Market, August 2014
? ? ? ?
Unemployed (‘000)379.7
Labour Force Participation Rate Aug 2013 Aug 2014
Working age population (15-64) ,2013: 20.76 mil. and 2014: 20.44mil
67.1%67.6%
% change 0.5%
Aug 2013
Unemployment Rate Aug 2014Aug 2013
2.7%
% change 0.4%
3.1%
Note : Labour Force Participation Rate (LFPR) : Ratio of the labour force to the working age (15-64) population
note:Labour Force: Those who are in the 15-64 age group who are either employed or unemployed
Note: Unemployment rate is the proportion of unemployed population to the total population in labour force
MITI Weekly Bulletin / www.miti.gov.my
13
.17
25
.77
26
.51
16
.69
10
.49
18
.12
21
.94
20
.21
21
.56
22
.45
17
.88
20
.23
33
.43
46
.10
22
.14
29
.06
34
.15
20
.92
30
.54
30
.74
0
10
20
30
40
50
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 (Jan - Jul)
RM billion
Aprroved Investments in Manufacturing Sector, 2005 - July 2014
Source : Malaysian Investment Development Authority
Approved Investments in Manufacturing Sector Jan - July 2014
Projects498
Pontential Employment
52,621
Total Capital Investment
RM53.2 billion
Domestic : RM22.4 billion
Foreign : RM30.7 billion
Domestic Investment
Foreign Investment
Source : Malaysian Investment Development Authority
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
Source : Malaysian Investment Development Authority
Total Capital Investment
. RM53.2 bil
Approved Investments in Manufacturing Projects by Major Industries, Jan - July 2014
Pe
tro
leu
m P
rod
uct
s (I
nc.
Pe
tro
che
mic
als
)RM15.7bil.
Che
mic
al &
Che
mic
alP
rod
uct
s
RM10.2bil.
Elec
tron
ics
&
Elec
tric
al P
rodu
cts
RM8.4bil.
Ba
sic
Me
tal
Pro
du
cts
RM7.4bil.
Non-MetallicMineral Products
RM1.9bil.RM1.8bil.
Transport Equipment
MITI Weekly bulletin www.miti.gov.mySource : Malaysian Investment Development Authority
Approved Investments in Manufacturing Projects by State, Jan - July 2014
Domestic Investment : RM127.1bil.Foreign Investment: RM59.5bil.Total investment: RM186.6bil.
JohorDomestic Investment : RM3.2bil.Foreign Investment: RM74.6bil.Total investment: RM77.9 bil.
SarawakDomestic Investment : RM1.6bil.Foreign Investment: RM48.3bil.Total investment: RM49.9bil.
Pahang
Domestic Investment : RM13.3bil.Foreign Investment: RM32.9bil.Total investment: RM46.2bil.
PenangDomestic Investment : RM27.1bil.Foreign Investment: RM18.8bil.Total investment: RM45.9bil.
SelangorDomestic Investment : RM3.3bil.Foreign Investment: RM41.0bil.Total investment: RM44.3bil.
Kedah
Domestic Investment : RM20.7bil.Foreign Investment: RM5.4bil.Total investment: RM26.2bil
SabahDomestic Investment : RM5.6bil.Foreign Investment: RM13.8bil.Total investment: RM19.5bil.
NegeriSembilan
Domestic Investment : RM12.2bil.Foreign Investment: RM0.0bil.Total investment: RM12.2bil.
Kelantan
Domestic Investment : RM5.7bil.Foreign Investment: RM3.6bil.Total investment: RM9.3bil
PerakDomestic Investment : RM1.5bil.Foreign Investment: RM5.8bil.Total investment: RM7.3bil.
Malacca
Domestic Investment : RM3.0bil.Foreign Investment: RM3.6bil.Total investment: RM6.7bil.
Others*
Note: Others* include Terengganu, Perlis, Kuala Lumpur and Labuan
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
“Our ASEAN Neighbours”
Sources:http://www.bsp.gov.ph/statisticshttp://en.wikipedia.org
MITI Weekly Bulletin / www.miti.gov.my
Indonesia
K e y E c o n o m i c I n d i c a t o r s
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
Trade With Malaysia, 2005 - Aug 2014
3,311.9
6,513.34,372.0
5,651.8
-1,060.1 861.5
-10,000
-5,000
0
5,000
10,000
15,000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014(Jan - Aug)
USD Mil.Export Import Trade Balance
NationalAccount
Real GDP Growth Rate
5.1% ( Q2 2014)
External Trade (Q2 2014)
Exports: US$44,534mil.Imports: US$46,747mil.
Total Trade : US$91,281mil.
PricesInflation Rate4.2% (Q2 2014)
Financial Account
(Q2 2014)
Net Foreign Direct Investment
US$6,416mil.
Gross International Reserves
US$107,678mil.
LabourUnemployment Rate
5.7% (Q1 2014)
Area1,904,569 km2 735,358 sq mi
PopulationTotal Population
252,164,8002014 estimate
Congratulations!to H.E. Joko Widodo on his
inauguration as theseventh President of the
Republic of Indonesia
7 HABITS of HEALTHY ,
HAPPY PEOPLEThe father of positive psychology
Martin Seligman, theorises that while 60 percent of happiness is determined by our genetics and
environment, the remaining 40 percent is up to us
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.mySource : New Straits Times, October 14,2014
Kuala Lumpur
They surround themselves with other happy people
They smile when they mean it
They cultivate resilience
They try to be happy
They are mindful of the good
They appreciate simple pleasures
They devote some of their time to giving
Source : http://www.gold.org/investments/statistics/gold_price_chart/
US$/MT
Malaysian Ringgit Exchange Rate with Euro and British Pound Sterling January 2013 - September 2014
Gold and Silver Prices, 3 Jan - 17 Oct 2014
Aluminium, Nickel and Copper Prices, Jan 2013- Sept 2014
2,038 1,990
8,047 6,872
17,473 18,035
0
5000
10000
15000
20000
25000
Jan 13 Feb 13Mar 13Apr 13May 13Jun 13 Jul 13 Aug 13 Sep 13 Oct 13 Nov 13 Dec 13 Jan 14 Feb 14Mar 14Apr 14May 14Jun 14 Jul 14 Aug 14Sept 14
4.00
4.20
4.40
4.60
4.80
5.00
5.20
5.40
5.60
3.503.603.703.803.904.004.104.204.304.404.504.60
Jan
Feb
Mar
Apr
May
June July
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
June July
Aug
Sep
2013 2014
Euro (EUR) British Pound Sterling (GBP)
1 GBP = RM 5.25
1 EUR = RM 4.15
Source : Bank Negara, Malaysia
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.mySource : http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTDECPROSPECTS
Nickel Copper Aluminium
38.7
39.63
35
37
39
41
43
45
3 J
an
10 J
an
17 J
an
24 J
an
30 J
an
7 F
eb
14 F
eb
21 F
eb
28 F
eb
7 M
ar
14 M
ar
21 M
ar
28 M
ar
4 A
pr
11 A
pr
18 A
pr
25 A
pr
2 M
ay
9 M
ay
16 M
ay
23
May
30
May
6 J
un
13
Ju
n
20
Ju
n
27
Ju
n
4 J
ul
11
Ju
l
18
Ju
l
1 A
ug
8 A
ug
15
Au
g
22
Au
g
29
Au
g
5 S
ep
t
12
Se
pt
19
Se
pt
26
Se
pt
3 O
ct
10
Oc
t
17
Oc
t
gold/usd/gramme
20.16
17.27
15
17
19
21
23
25
3 J
an
10 J
an
17 J
an
24 J
an
30 J
an
7 F
eb
14 F
eb
21 F
eb
28 F
eb
7 M
ar
14 M
ar
21 M
ar
28 M
ar
4 A
pr
11 A
pr
18 A
pr
25 A
pr
2 M
ay
9 M
ay
16 M
ay
23
May
30
May
6 J
un
13
Ju
n
20
Ju
n
27
Ju
n
4 J
ul
11
Ju
l
18
Ju
l
1 A
ug
8 A
ug
15
Au
g
22
Au
g
29
Au
g
5 S
ep
t
12
Se
pt
19
Se
pt
26
Se
pt
3 O
ct
10
Oc
t
17
Oc
t
silver(usd/oz)
MITI Weekly Bulletin | www.miti.gov.my
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin | www.miti.gov.my
Source: Ministry of International Trade and Industry, Malaysia
Number and Value of Preferential Certificates of Origin (PCOs)
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 and Norway.
MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008)
Value of Preferential Certificates of Origin
Value of Preferential Certificates of Origin
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
31 Aug 2014 863 617 140 4,295 1,412 689
7 Sep 2014 891 571 240 4,243 1,508 754
14 Sep 2014 1,011 604 267 4,814 1,362 739
21 Sep 2014 757 517 102 4,435 1,132 689
28 Sep 2014 1,107 553 188 4,830 1,269 714
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
MICECA MNZFTA MCFTA MAFTA
31 Aug 2014 323 12 66 3367 Sep 2014 317 3 73 406
14 Sep 2014 315 13 74 36421 Sep 2014 326 8 60 49828 Sep 2014 331 3 45 4705 Oct 2014 349 8 51 342
12 Oct 2014 297 3 48 30419 Oct 2014 322 4 127 639
MJEPA MPCEPA GSP
31 Aug 2014 822 160 1457 Sep 2014 877 172 123
14 Sep 2014 782 97 14921 Sep 2014 825 128 15128 Sep 2014 856 143 1255 Oct 2014 901 208 138
12 Oct 2014 785 135 12819 Oct 2014 865 130 169
31 Aug 7 Sep 14 Sep 21 Sep 28 Sep 5 Oct 12 Oct 19 OctAANZFTA 89 84 93 75 105 69 71 91AIFTA 161 166 156 121 118 142 119 91AJCEP 82 106 214 296 76 78 193 67
0
50
100
150
200
250
300
350
RM m
illio
n
31 Aug 7 Sep 14 Sep 21 Sep 28 Sep 5 Oct 12 Oct 19 OctATIGA 9,125 710 679 715 836 802 641 697ACFTA 739 632 819 601 721 490 541 570AKFTA 312 144 298 405 231 110 119 917
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
RM m
iliio
n
31 Aug 7 Sep 14 Sep 21 Sep 28 Sep 5 Oct 12 Oct 19 OctMICECA 54.69 42.14 38.00 30.88 38.33 44.93 43.01 46.42MNZFTA 0.32 0.32 0.24 0.20 0.03 0.11 0.02 0.21MCFTA 8.08 9.47 8.66 6.68 4.74 6.03 6.17 18.94MAFTA 28.93 31.68 25.12 30.61 36.49 30.24 24.35 52.21
0
10
20
30
40
50
60
RM
mill
ion
31 Aug 7 Sep 14 Sep 21 Sep 28 Sep 5 Oct 12 Oct 19 OctMJEPA 384 137 249 161 146 113 122 154MPCEPA 82 49 36 28 34 70 19 15GSP 23 21 29 24 20 26 20 19
0
50
100
150
200
250
300
350
400
450
RM m
illio
n
MITI Weekly Bulletin | www.miti.gov.my
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin | www.miti.gov.my
Commodity Price Trends
822
792 750
720693 697 710 705
726
822
719
822
600
650
700
750
800
850
1 Aug 8 Aug 15 Aug 22Aug 29 Aug 5 Sept 12 Sept19 Sept26 Sept 3 Oct 10 Oct 17 Oct
US
$/m
t
Crude Palm Oil1,695.5
1,660.5
1,666.5
1,647.5
1,614.5
1,507.0
1,529.0
1,453.01,422.0
1,433.51,470.5
1,607.5
1300
1350
1400
1450
1500
1550
1600
1650
1700
1750
1 Aug 8 Aug 15 Aug 22Aug 29 Aug 5 Sept 12 Sept 19 Sept 26 Sept 3 Oct 10 Oct 17 Oct
US
$/m
t
Rubber SMR 20
2,789.1
2,819.4
2,827.0 2,827.0
2,683.0 2,674.2
2,734.8
2,886.4
2,840.9
2,674.2
2,784.4
2,800.1
2550
2600
2650
2700
2750
2800
2850
2900
2950
1 Aug 8 Aug 15 Aug 22Aug 29 Aug 5 Sept 12 Sept19 Sept26 Sept 3 Oct 10 Oct 17 Oct
US
$/M
T
Cocoa 354.3
339.5
340.5
337.5
345.5
333.5
334.8
339.5
336.3345.3
348.5
341.0
300
310
320
330
340
350
360
1 Aug 8 Aug 15 Aug 22Aug 29 Aug 5 Sept 12 Sept 19 Sept 26 Sept 3 Oct 10 Oct 17 Oct
US
$/M
T
Raw Sugar
98.5
95.793.8
94.5
94.6
91.5
93.1
97.0
91.0
83.8
83.3
81.0
80828486889092949698
100
1 Aug 8 Aug 15 Aug 22 Aug 29 Aug 5 Sep 12 Sep 19 Sep 26 Sep 3 Oct 10 Oct 17 Oct
US
$/b
bl
Crude Petroleum
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
0
20
40
60
80
100
120
140
160
180
13 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 13 Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sep
US
$/d
mtu
Iron Ore380.0
355.0
370.0
345.0
340
345
350
355
360
365
370
375
380
385
1 Aug 8 Aug 15 Aug 22 Aug 29 Aug 5 Sep 12 Sep 19 Sep 26 Sep 3 Oct 10 Oct 17 Oct
US$
/mt
Scrap Iron
Scrap Iron/MT (High) Scrap Iron/MT(Low)
60.5
60.0
60.1
59.0
57.2
56.5
56.5
54.5 51.4
52.8
51.8
51.3
46
48
50
52
54
56
58
60
62
1 Aug 8 Aug 15 Aug 22 Aug 29 Aug 5 Sep 12 Sep 19 Sep 26 Sep 3 Oct 10 Oct 17 Oct
US
$/m
t
Coal
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 :
2013 2014
Crude Petroleum (17 October 2014)
US$81.0per bbl
Crude Palm Oil(17 October 2014)US$822.0 per MT
Highest & Lowest Prices, 2013/2014
17 October 2014 domestic prices for :1. Billets (per MT) : RM1,700 - RM1,7502. Steel bars (per MT) : RM1,900 - RM2,050
Commodity Prices
Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group
Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated
Source :
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
CommodityCrude
Petroleum (per bbl)
Crude Palm Oil (per MT)
Raw Sugar
(per MT)
Rubber SMR 20(per MT)
Cocoa SMC 2
(per MT)
Coal(per MT)
Scrap Iron HMS
(per MT)17 Oct 2014
(US$) 81.0 822.0 341.0 1,607.5 2,800.1 51.3 355.0 (high)345.0 (low)
% change* 2.8 14.4 2.2 9.3 0.6 1.0 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
2011i 80.3 - 112.7 1,124.0 647.0 1,348.3 2,644.8 .. 491.0
Lowest
(US$ per bbl)
Highest(US$ per bbl)
Highest(US$ per MT)
Lowest
(US$ per MT)2014
26 Sept 2014: 107.62013
6 Sept 2013: 110.2
201417 Oct 2014: 81.0
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
MITI Weekly Bulletin | www.miti.gov.my
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin | www.miti.gov.my
SucceSS Story
CONTACT :Address: Lot 10 & 3, Jalan Bursa 23/4, Section 23 40300 Shah Alam, Selangor, MalaysiaTel : 603 - 5542 5413/5542 1972Fax : 603 - 5542 1968/5542 5406Email : Email : [email protected]
Azman Hamzah Plastik (AHP) is a specialist in precision plastic injection moulding and component assembly for the automotive industry.Established in 1989,the company manufactures over 400 types of products,including interior and experior plastic components,engine plastic components and engine compartment areas for client such as Proton,Perodua and UMW Toyota. Quality management system is the real backbone that pillars the strength to AHP. ISO 9002 (in 1996), QS 9000 (in 2001) and TS 16949 (in 2004) had been awarded to AHP from SIRIM to recognize the quality system. As to support the backbone, AHP realizes that the need to focus beyond quality in today’s modern industrial design of plastic components. This will act as an eye stopper to potential customers. In 2010, AHP turned to MIDF for support under the Soft Loan Scheme for Automotive Development (SLSAD) to meet market demands and improve its business potential.With the loan, AHP was able to strength its business facilities and cabalities and position itself among the nation’s most successful Bumiputera entrepreneurs.The company, which currently operates factories in Selangor and Perak,is targeting a wide base of local and international customers.
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 Weekly Bulletin / www.miti.gov.my
Integrity Quote
“There are two kinds of people: those who do the work and those who take credit. Try to be in the first group;
there is less competition there” Indra Ghandi
Indian Prime Minister
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
Name : Mohd Azruln izam Huss inDesignation : Assistant Statistical OfficerDivision : Strategic PlanningEmail : [email protected] Details: 03-62000482
Name : Muhammad Famiz i Sa l lehDesignation : Statistical AssistantDivision : Strategic PlanningEmail : [email protected] Details: 03-62000474