statement on the outcome of european referendum · 2016-06-28 · beliau mahu melihat sumbangan pks...

Ministry of International Trade and Industry

Statement on the Outcome of European Referendum


While there may be some impact in the very near term, the medium to long term impact of Brexit on Malaysia’s trade and investment will be minimal. With our strong fundamentals and economic diversification, we are in better position to face any uncertainty.

The UK economy has been growing faster than most European Union economies. In 2015, UK GDP grew by 2.3% as compared to 1.9% for the EU. We believe with the appropriate policies in place, the UK economy will adjust to the new reality.

As far as trade is concerned, Brexit is unlikely to have significant disruption effect on Malaysia’s external sector. In 2015, Malaysia’s trade with the United Kingdom stood at RM16.5 billion or 1.1% of our total trade.

Our total trade with the UK registered a 9.4% growth in Ringgit terms to RM16.25 billion in 2015 from RM15.02 billion in 2014. Total exports amounted to RM9.32 billion, an increase of 17.6%, compared to RM7.92 billion in 2014. Total imports increased slightly by 0.3% to RM7.13 billion in 2015 compared to RM7.10 billion in 2014.

In 2015, the UK was Malaysia’s 3rd largest trading partner in the European Union (EU) and our 4th largest source of investment. As at 2015, a total of 433 manufacturing projects with UK participation have been implemented and valued at RM6.8 billion in terms of investment.

Brexit will have minimal impact on Foreign Direct Investment (FDI), as they are normally long-term in nature and exchange rate volatility is usually priced into the FDI-related contracts. We believe that the UK will continue to be key player through its investments in Malaysia’s services sector especially in banking and education, amongst others.

The UK may no longer be part of the currently negotiated Malaysia-EU FTA but we will explore the possibility of having a separate bilateral FTA with the country. This is part of our efforts to open up further business opportunities with the UK.

The decades of close cooperation between Malaysia and the UK transcend beyond economic partnership. They form a strong foundation for our future growth and Brexit will not affect our close ties. We will continue to build upon this momentum and forge ahead.

Dato’ Sri Mustapa Mohamed

24 June 2016


RM7.34b Laksana Perusahaan Kecil dan Sederhana (PKS)Perdana Menteri, Dato’ Sri Najib Tun Razak memberi jaminan bahawa kerajaan komited dalam pembangunan PKS, termasuk menerusi peruntukan RM7.34 bilion bagi pelaksanaan 152 program pembangunan PKS tahun ini. Beliau yang juga Menteri Kewangan berkata, kerajaan juga komited untuk memastikan kelancaran pelaksanaan Program Berimpak Tinggi di bawah Pelan Induk PKS 2012-2020.

Ini, tegasnya, adalah antara usaha kerajaan bagi memastikan pertumbuhan Keluaran Dalam Negara Kasar (KDNK)

Bernama, 23 Jun 2016

PKS yang diunjurkan sebanyak 5 hingga 5.5 peratus pada tahun ini. “Selain itu, pihak swasta pula menyediakan pelbagai saluran pembiayaan baharu seperti Pe ngumpulan Dana Masyarakat Berasaskan Ekuiti (ECF) dan Platform Akaun Pelaburan (IAP) yang menjadi pembiayaan alternatif untuk PKS,” katanya berucap melancarkan portal MalaysiaBiz di sini, hari ini.

Portal yang menyediakan maklumat pendaftaran dan lesen/permit perniagaan diperlukan PKS merentasi semua aktiviti ekonomi di Semenanjung Malaysia, juga bertujuan meningkatkan kemudahan menjalankan perniagaan di bawah Pelan Induk PKS. Najib sebelum itu mempengerusikan Mesyuarat Majlis Pembangunan PKS Kebangsaan Ke-20, yang turut dihadiri Menteri Perdagangan Antarabangsa dan Industri, Datuk Seri Mustapa Mohamed dan Ketua Pegawai Eksekutif SME Corp Datuk Hafsah Hashim.

Perdana Menteri juga berkongsi hasil kaji selidik suku pertama 2016 SME Corp Malaysia yang menunjukkan perniagaan PKS masih berdaya tahan dan pertumbuhannya disokong oleh permintaan penggunaan swasta dan aktiviti pelancongan. Menurutnya, kadar penggunaan teknologi maklumat dan komunikasi (ICT) oleh PKS turut meningkat sekitar 90 peratus berbanding 27 peratus pada tahun 2010.

Najib turut mengetengahkan dua pendekatan iaitu meningkatkan tahap produktiviti buruh negara dan inklusiviti bagi melonjakkan kedudukan PKS secara khusus dan negara secara amnya. “Pertama, bagi meningkatkan tahap produktiviti buruh negara dalam Rancangan Malaysia Ke-11 iaitu 3.7 peratus, PKS perlu lebih berinovasi dalam perniagaan mereka,” katanya. Sebagai contoh, katanya, sesebuah PKS yang memiliki kilang pengeluaran perlu memberi tumpuan kepada penggunaan mesin yang lebih cekap, tenaga buruh yang berkemahiran serta penggunaan ICT dalam perniagaan.

Aspek kedua pula merujuk kepada dasar-dasar inklusiviti kerajaan yang memberi limpahan aktiviti ekonomi kepada golo ngan-golongan sasar lain seperti B40 (isi rumah berpendapatan 40 peratus terendah) dengan meningkatkan kadar pendapatan mereka.Selain itu, Perdana Menteri turut menggesa kalangan warga PKS untuk tampil bekerjasama dengan kerajaan bagi menjayakan agenda pembangunan PKS nasional.

Menurutnya, sejajar usaha meneruskan agenda mencapai status negara maju berpendapatan tinggi, beliau mahu melihat sumbangan PKS yang lebih ketara terhadap pertumbuhan ekonomi negara. “Menerusi cara ini, kerajaan dapat mengenal pasti lagi bentuk-bentuk bantuan yang dapat diberikan kepada PKS selain bantuan sedia ada seperti geran, insentif, bengkel, bantuan mudah cara dan lain-lain lagi,” katanya.


MalaysiaApproved Private Investments, Q1 2016

Source : Malaysian Investment Development Authority

Approved Private Investments by Sector, Q1 2015 and Q1 2016

Jan-Mar2016

Jan-Mar2015

Jan-Mar2016

Jan-Mar2015

Jan-Mar2016

Jan-Mar2015

Jan-Mar2016

Jan-Mar2015

Total Primary Sector ManufacturingSector

Services Sector

Foreign 12.8 10.0 0.5 0.8 5.3 5.9 7.0 3.3Domestic 24.5 59.8 0.4 0.7 3.6 38.2 20.6 20.9

RM billion

Total InvestmentsRM37.4 bil.

Potential Employment39,991 persons

Domestic: RM24.5 bil.Foreign: RM12.8 bil.

Primary SectorRM0.9 bil.

Potential Employment143 persons


Manufacturing SectorRM8.9 bil.



Services SectorRM27.6 bil.



Note : Private investments consist of primary sector, services sector and manufacturing sector


No.Potential

Employment(Persons)

Domestic Investment (RM mil.)

Foreign Investment (RM mil.)

Total(RM mil.)

E&E Products 29 7,427 528.9 2,603.7 3,132.6

Food Manufacturing 17 4,371 1,376.7 590.5 1,967.2

Transport Equipment 16 816 538.6 137.0 675.7

Chemical & Chemical Products 13 626 103.4 498.0 601.5

Scientific & Measuring Equipment 9 1,545 89.8 487.7 577.4

Projects Approved by Major Industry in Manufacturing Sector, Q1 2016

Projects Approved by Major Country in Manufacturing Sector, Q1 2016

ChinaRM1.5 bil.

Number of Projects9

SingaporeRM0.9 bil.

Number of Projects26

BelgiumRM0.5 bil.

Number of Projects2

JapanRM0.5 bil.

Number of Projects13

SwitzerlandRM0.5 bil.

Number of Projects3

Source : Malaysian Investment Development Authority


Which ASEAN Country is the Most Competitive?

Singapore (2)*

Malaysia (18)*

Thailand (32)*

Indonesia (37)*

Philippines (47)*

Viet Nam (56)*

Lao PDR (83)*

Cambodia (90)*

Myanmar (131)*

Source : The Global Competitiveness Index 2015-2016 Rankings

Notes:

and You’‘

No data available for Brunei* World ranking


Buku kecil TPPA di dalam versi PDF boleh di muat turun melalui pautanhttp://fta.miti.gov.my/miti-fta/resources/MITI_TPPA.pdf


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)

1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 JunAANZFTA 87 64 77 84 99 77 81 84AIFTA 129 157 122 142 141 104 141 120AJCEP 77 62 66 128 58 56 64 56

0

20

40

60

80

100

120

140

160

180

RM

mill

ion

1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 JunATIGA 1,361 937 781 1,374 918 1,187 968 1,280ACFTA 890 628 401 364 474 494 861 576AKFTA 198 163 1,266 611 303 311 138 287

0

200

400

600

800

1,000

1,200

1,400

1,600

RM

mill

ion

1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 JunMICECA 38.17 34.05 28.81 53.12 32.12 41.79 36.00 41.06MNZFTA 0.83 0.11 0.03 0.21 0.37 0.24 0.24 0.02MCFTA 4.83 16.67 7.52 8.42 48.19 9.77 8.20 10.44MAFTA 28.69 35.68 40.92 39.74 37.05 101.83 33.66 38.50

0

20

40

60

80

100

120

RM m

illio

n1 May 2016 8 May 2016 15 May 2016 22 May 2016 29 May 2016 5 Jun 2016 12 Jun 2016 19 Jun 2016

AANZFTA 902 609 763 758 874 684 848 807

AIFTA 603 605 619 709 597 636 795 625

AJCEP 219 189 144 261 216 196 197 207

ATIGA 4,529 3,876 4,275 4,495 4,489 4,932 4,438 4,585

ACFTA 1,644 1,416 1,379 1,478 1,514 1,525 1,491 1,584

AKFTA 860 722 1,130 1,284 911 868 945 909

MICECA 344 288 264 384 315 339 300 329

MNZFTA 13 6 7 1 9 9 8 3

MCFTA 32 70 44 58 45 61 56 65

MAFTA 287 325 421 449 423 397 332 394

MJEPA 863 798 708 886 774 876 709 777

MPCEPA 149 146 168 234 137 181 137 185

GSP 144 115 155 142 106 120 116 134

MTFTA 237 167 139 230 198 235 187 247

1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 JunMJEPA 175 129 110 146 115 145 97 137MPCEPA 82 19 45 109 23 83 40 121GSP 19 17 27 23 20 21 18 19MTFTA 65 40 38 105 88 95 167 211

0

50

100

150

200

250

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 Liechtenstein, the Russian Federation, Japan, Switzerland, Belarus, Kazakhstan and Norway.

Source: Ministry of International Trade and Industry, Malaysia


Source : Bank Negara Malaysia

15.4

18.0

12.0

13.0

14.0

15.0

16.0

17.0

18.0

19.0

19 Fe

b26

Feb

4 M

ac11

Mac

18 M

ac24

Mac

1 Ap

r8

Apr

15 A

pr22

Apr

29 A

pr6

May

13 M

ay20

May

27 M

ay3

Jun

10 Ju

n17

Jun

24 Ju

n

US$/Oz Silver

944.0

988.0

800.0

850.0

900.0

950.0

1000.0

1050.0

1100.0

19 Fe

b26

Feb

4 M

ac11

Mac

18 M

ac24

Mac

1 Ap

r8

Apr

15 A

pr22

Apr

29 A

pr6

May

13 M

ay20

May

27 M

ay3

Jun

10 Ju

n17

Jun

24 Ju

n

US$/Oz Platinum

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

http://online.wsj.com/mdc/public/page/2_3023-cashprices.html?mod=topnav_2_3023

Gold Prices, 19 February - 23 June 2016

Silver and Platinum Prices, 19 February - 24 June 2016

39.6

42.3

32.0

34.0

36.0

38.0

40.0

42.0

44.0

19 F

eb

26 F

eb

4 M

ac

11 M

ac

18 M

ac

24 M

ac

1 Ap

r

8 Ap

r

15 A

pr

22 A

pr

29 A

pr

6 M

ay

12 M

ay

19 M

ay

26 M

ay

2 Ju

n

9 Ju

n

16 Ju

n

23 Ju

n

US$/Gram Gold

Malaysian Ringgit Exchange Rate with Philippine Peso and New Taiwan Dollar

10.00

10.50

11.00

11.50

12.00

12.50

13.00

13.50

7.507.707.908.108.308.508.708.909.109.309.50

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

2015 2016

PHP100 = RM TWD100 = RM

100 TWD = RM 12.43

100 PHP = RM 8.65


Commodity Prices

Commodity

Crude Petroleum

(Brent) (per bbl)

Crude Palm Oil (per MT)

Sugar (per lbs.)

Rubber SMR 20(per MT)

Cocoa SMC 2

(per MT)

Coal(per MT)

Scrap Iron HMS

(per MT)

24 June 2016 (US$) 48.4 704.5 19.2 1,278.0 2,089.9 43.5 230 (high)

220 (low)

% change* 1.5 0.8 3.7 2.9 1.5 unchanged 14.812.0

2015i 36.9 - 66.8 616.9 13.2 1,364.3 2,077.0 49.9 239.6

2014i 59.5 - 114.8 823.3 16.6 1,718.3 2,615.8 59.8 370.0

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, 2015/2016

Lowest (US$ per bbl)

Highest(US$ per bbl)

Crude Petroleum(Brent)

(24 June 2016)US$48.4 per bbl

201515 May 2015: 66.8

201518 Dec 2015: 36.9

201610 June 2016: 50.5

201615 Jan 2016: 28.9

Lowest (US$ per MT)

Highest(US$ per MT)

Crude Palm Oil (24 June 2016)

US$704.5 per MT

201516 Jan 2015: 701.0

20154 Sep 2015: 500.5

20168 Apr 2016: 725.5

201615 Jan 2016: 545.5

Steel Bars(per MT)

RM1,750 – RM1,950

Average Domestic Prices, 24 June 2016

Billets(per MT)

RM1,400 – RM1,450


Commodity Price Trends

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.

725.5

699.5

707.5

718.5

712.5

707.0

713.0

693.0

701.5

708.5710.5

704.5

670

680

690

700

710

720

730

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

US$

/mt

Crude Palm Oil

1,931.4

2,022.8

2,126.3

2,202.6

2,120.0

2,098.1

1,961.0

2,049.92,060.2

2,125.0 2,122.7

2,089.9

1,800

1,850

1,900

1,950

2,000

2,050

2,100

2,150

2,200

2,250


US$

/mt

Cocoa

14.915.2

15.5

16.3

15.7

16.717.1

17.5

18.8

19.7 19.9

19.2

12.0

13.0

14.0

15.0

16.0

17.0

18.0

19.0

20.0

21.0


US$

/lbs

Sugar

1,400.0

1,528.0

1,593.0

1,504.5

1,451.01,412.5

1,287.51,263.0

1,281.5

1,226.01,242.0

1,278.0

900

1,000

1,100

1,200

1,300

1,400

1,500

1,600

1,700


US$

/mt

Rubber SMR 20

7,591

7,286 7,267

7,853

7,148 7,063

7,296

6,742

6,940

7,029

6,963

7,008

6,900

7,088

7,113

7,281

6,917 6,844

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

2015 2016

USD

/ to

nne

Black Pepper

* until 24 June 2016

36.8

39.740.4

43.7

45.9

44.7

46.2

47.8

49.348.6 49.1

48.0 47.6

38.7

41.9

43.1

45.1

48.1

45.4

47.848.7

49.3 49.650.5

49.248.4

28

32

36

40

44

48

52

1 Apr 8 Apr 15 Apr 22 Apr 29 Apr 6 May 13 May20 May27 May 3 Jun 10 Jun 17 Jun 24 Jun

US$

/bbl

Crude Petroleum

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


Commodity Price Trends

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.

230.0240.0

260.0

290.0300.0

330.0340.0

320.0

300.0

280.0270.0

230.0

200.0210.0

240.0

280.0 280.0

300.0

320.0

300.0

280.0

260.0250.0

220.0

100

150

200

250

300

350

28 Mac 8 Apr 15 Apr 22 Apr 29 Apr 6 May 13 May 23 May 30 May 6 Jun 10 Jun 24 Jun

US$

/mt

Scrap Iron

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

47.9 48.0 48.1 48.1 48.148.0

48.1 48.1 48.148.0

43.743.5 43.5

43.0

44.0

45.0

46.0

47.0

48.0

49.0

1 Apr 8 Apr 15 Apr 22 Apr 29 Apr 6 May 13 May20 May27 May 3 Jun 10 Jun 17 Jun 24 Jun

US$

/mt

Coal

68.0

63.0

58.0

52.0

60.0

63.0

52.0

56.0

57.0

53.0

47.0

41.042.0

47.0

56.0

61.0

55.0

38.0

43.0

48.0

53.0

58.0

63.0

68.0

73.0


2015 2016

US$

/dm

tu

Iron Ore

1,815

1,818

1,774

1,819

1,804

1,688

1,640

1,548

1,590

1,516

1,468

1,497

1,481

1,531

1,531

1,571 1,551

1,400

1,450

1,500

1,550

1,600

1,650

1,700

1,750

1,800

1,850


2015 2016

US$

/ to

nne

Aluminium

5,831

5,729

5,940 6,042

6,295

5,833

5,457

5,127

5,217 5,216

4,800

4,639

4,472 4,599

4,954

4,873

4,695

4,000

4,500

5,000

5,500

6,000

6,500


2015 2016

US$

/ to

nne

Copper

14,849 14,574

13,756

12,831

13,511

12,825

11,413

10,386 9,938

10,317

9,244

8,708 8,507 8,299

8,717

8,879 8,660

7,000

8,000

9,000

10,000

11,000

12,000

13,000

14,000

15,000

16,000


2015 2016

US$

/ to

nne

Nickel


All Cosmos Industries Sdn Bhd, a pioneer in bio-organic fertilisers, is a 100% subsidiary of All Cosmos Bio-Tech. All Cosmos is a Malaysian manufacturer and marketer of high-grade bio-organic and bio-chemical fertilisers. In line with growing environmental awareness among public, they strive to be the innovative driving force in the bio-technology industry whilst helping to improve the country’s ecological status.

The company believes that using a mixture of organic material, inorganic material and effective microorganisms can increase the quality of fertiliser. The organic materials used are the biomass waste from cocoa, coffee, oil palm and paddy plantations. The inorganic materials used are chemicals such as urea, ammonia sulphate, rock phosphate, muriate of potassium amongst others. Examples of effective microorganisms that are used are Rhizobium trifolii, Azotobacter vinelandii, Herdersonia, and Trichoderma. Tan says the effective micro-organisms assist by helping the soil progress and softens it. It also prevents diseases and contributes to the environment by making the chemical portion of the fertiliser and the soil’s heavy metal content harmless. Also, by including microorganisms in the fertiliser, it will reduce the amount of chemicals needed.

All Cosmos Bio-Tech

ALL COSMOS INDUSTRIES SDN BHDPLO 650, Jalan Keluli 7, Pasir Gudang Industrial Estate,81700 Pasir Gudang, Johor, Malaysia.TEL: +607-252 3788 FAX: +607-251 2588

The ideology of the company actually started when group chairman and chief executive officer Datuk Tony Peng Shih Hao came to Malaysia from Taiwan. He was impressed with Malaysian cuisine and also with fruits such as jambu air. The fruit in Taiwan was a lot larger than the ones he found here. He found that Malaysian plantations were more geared towards using genetically modified seedlings and he felt that they failed to look at the bigger picture. Peng foresaw the potential in the agricultural industry in Malaysia due to the shortage of technology and investors to sustain the industry. The idea of adding effective micro-organisms to fertiliser came from Taiwan. Combining this factor with the agriculture opportunities in this country, Peng believed that plantations here could see a much better growth and quality of their produce.

All Cosmos procures the biomass waste from several suppliers such as Yayasan Pelajaran Johor for palm oil waste, Delfi Cocoa (M) Sdn Bhd for cocoa waste and Super Coffeemix Manufacturing Ltd for coffee waste. It acquires paddy waste from Kelantan, Kedah and also Thailand. It has contracts with each of its suppliers to supply the biomass waste in bulk at a fixed price. Over the past 10 years, prices of biomass waste have increased at least two-fold due to demand. Even so, All Cosmos stays competitive by buying its supply in contracts. The fertilisers it produces cater for oil palm, vegetables, fruits, flowers and rice plantations.

Besides catering for the Malaysian market, All Cosmos distributes their fertilisers to countries across the greater Asia-Pacific region such as Indonesia, Vietnam, China, Singapore, Taiwan, Myanmar, and the Philippines. It is currently in the midst of entering the Cambodia market.

Plantations it is currently working with include IOI Corp Bhd’s plantation division Kuala Lumpur Kepong Bhd, Rimbunan Hijau Group, Sabah Softwoods Bhd, Felda, and Felcra on oil palm. All Cosmos also works with rubber plantations such as Lembaga Getah Malaysia and Risda. Furthermore, the company is also striving to create awareness of bio-organic fertilisers by promoting their products at events hosted by the Malaysian Palm Oil Board, International Society of Planters, Malaysian Agricultural Research and Development Institute and other plantation organisations. They also send consultants to plantations to educate planters on the effectiveness of the fertiliser and also how their produce can be improved.

Its long-term objectives are to create a bigger impact economically by increasing the productivity of the work force, improving the efficiency in the use of farmland, and transforming the industrial structure into a knowledge-based economy. It hopes to reach ecological growth and to also be internationally competitive.

A modern plant was built in Pasir Gudang, Johor, and completed in 2001 to meet increasing demands for its products. Construction for a second plant in Sabah was completed in 2012. All Cosmos currently largely focuses on the oil palm sector as the volume and potential are higher. Between 2000 and 2011, the areas planted with oil palm trees in Malaysia increased from 3.38 million hectares to 5 million hectares. Meanwhile, research on paddy, rubber and vegetables is currently in progress.

The company is currently working with Universiti Teknologi Malaysia to cultivate effective micro-organisms, as research has shown that home-grown microbes are more effective and efficient. It is also currently working on producing a 4-in-1 formula that includes more added values in the fertiliser, depending on current and future needs.


MITI ProgrammeLaunching of MITI Report 2015


Announcement

Benefits of Economic CensusEntrepreneurs, Companies & Business

Industry Associations & Chamber of Commerce

Government To Update Economic Indicators

• To identify industrial structure and product trends

• To monitor changing patterns and growth trends for future investment

• To make business planning and decisions

• To gauge their business perfomance

• To compare their business operations to industry norms

• Rebasing of indices i.e. Gross Domestic Product (GDP) and Index of Industrial;

• Compilation of

Supply & Use Table (SUT), Input-Output Table (I-O), Tourism Satellite Account (TSA), Information & Communication Technology Satellite Account and System of Environmental – Economic Accounting (SEEA);

• Development of SME’s profile.

• To identify new sources of growth to the economy;

• To formulate national economy programmes; and

• To assess the implementation of the national development policy such as The Economic Transformation Programme, Eleventh Malaysia Plan and Small and Medium Enterprise (SME) Masterplan 2012 -2020.

• To understand more about industrial structure;

• To share information about the industry with their members;

• To assist business in marketing and investment planning.

Source : Department of Statistics, Malaysia


AnnouncementMITI Weekly Bulletin (MWB) Mobile Apps

MITI MWB APPs is now available for IOS, Android and Windows platforms. MWB APPs can be download from Gallery of Malaysian Government Mobile APPs (GAMMA) at the link: http://gamma.malaysia.gov.my/#/appDetails/85

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

Name : Mohd Harris HarunDesignation : Accountant W44Job Description : Financial Accounting - Manage the trust accounting, fund and accounting reportsDivision : AccountContact No : 603-6208 4903Email : [email protected]

Name : Hazeman AzizDesignation : Accountant W44Job Description : Consulting & monitoring - Managing advisory servicesforfinancialaccountingmanagement and accounting systemDivision : AccountContact No : 603-6208 4904Email : [email protected]

statement on the outcome of european referendum · 2016-06-28 · beliau mahu melihat sumbangan pks...

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