volume 322

14
MITI in the News Malaysia to Lead Conversations on ASEAN Economic Integration at WEF 2015 Malaysia’s participation at this year World Economic Forum (WEF) reflects its commitment to shape the global trade agenda, and lead conversations on ASEAN economic integration, International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said. “This is an important year for Malaysia and as Chair of ASEAN, we must be in the forefront in ensuring the realisation of the ASEAN Economic Community (AEC). “We must take the opportunity to engage the international business community and civil society and lead by example,” he said in a statement Friday. Prime Minister Datuk Seri Najib Tun Razak will be attending the two-day forum from Jan 23 in Davos, Switzerland. Najib, who is also Finance Minister, will be accompanied by Mustapa and Minister in the Prime Minister’s Department Datuk Seri Wahid Omar. The delegation also includes several prominent Malaysian business leaders as well as heads of investment-related agencies. One of the objectives of Malaysia’s participation at the forum is to promote Malaysia as the premier investment location and tourist destination in Asia. It also aimed at promoting Kuala Lumpur as the premier location for multinational companies regional headquarters; to showcase Malaysia’s economic transformation success, and to highlight Malaysia’s role as Chair of ASEAN, specifically the emphasis on a people-centered ASEAN. The Prime Minister will be participating in the following WEF sessions, namely the ASEAN Regional Business Council; the Informal Gathering of World Economic Leaders (IGWEL): ‘Defining the Imperatives for 2015’; and the ASEAN Leader session-Channel NewsAsia-TV Debate: “Creating the ASEAN Economic Community”. Najib will be meeting several heads of state and chief executive officers of prominent global corporations with keen investment interests in Malaysia. Apart from the meetings and speaking engagements, the Prime Minister and the ministers will also host roundtables with business leaders and a special event to promote Malaysia. The WEF is an independent global forum for engagement and dialogue involving stakeholders from business and political fraternities, academia and other societal leaders to shape opinions on the global, regional and sectoral agenda. The forum, under the theme “The New Global Context”, will discuss and address, among others, industry and business related issues in the context of current global economic scenario. Source: Bernama, 16 January 2015 “DRIVING Transformation, POWERING Growth” MITI Weekly Bulletin / www.miti.gov.my 01

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Page 1: Volume 322

MITI in the NewsMalaysia to Lead Conversations on ASEAN Economic

Integration at WEF 2015

Malaysia’s participation at this year World Economic Forum (WEF) reflects its commitment to shape the global trade agenda, and lead conversations on ASEAN economic integration, International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said.

“This is an important year for Malaysia and as Chair of ASEAN, we must be in the forefront in ensuring the realisation of the ASEAN Economic Community (AEC).

“We must take the opportunity to engage the international business community and civil society and lead by example,” he said in a statement Friday.

Prime Minister Datuk Seri Najib Tun Razak will be attending the two-day forum from Jan 23 in Davos, Switzerland.

Najib, who is also Finance Minister, will be accompanied by Mustapa and Minister in the Prime Minister’s Department Datuk Seri Wahid Omar.

The delegation also includes several prominent Malaysian business leaders as well as heads of investment-related agencies.

One of the objectives of Malaysia’s participation at the forum is to promote Malaysia as the premier investment location and tourist destination in Asia.

It also aimed at promoting Kuala Lumpur as the premier location for multinational companies regional headquarters; to showcase Malaysia’s economic transformation success, and to highlight Malaysia’s role as Chair of ASEAN, specifically the emphasis on a people-centered ASEAN.

The Prime Minister will be participating in the following WEF sessions, namely the ASEAN Regional Business Council; the Informal Gathering of World Economic Leaders (IGWEL): ‘Defining the Imperatives for 2015’; and the ASEAN Leader session-Channel NewsAsia-TV Debate: “Creating the ASEAN Economic Community”.

Najib will be meeting several heads of state and chief executive officers of prominent global corporations with keen investment interests in Malaysia.

Apart from the meetings and speaking engagements, the Prime Minister and the ministers will also host roundtables with business leaders and a special event to promote Malaysia.

The WEF is an independent global forum for engagement and dialogue involving stakeholders from business and political fraternities, academia and other societal leaders to shape opinions on the global, regional and sectoral agenda.

The forum, under the theme “The New Global Context”, will discuss and address, among others, industry and business related issues in the context of current global economic scenario.

Source: Bernama, 16 January 2015

“DR

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MITI Weekly Bulletin / www.miti.gov.my 01

Page 2: Volume 322

Malaysian Businessmen Told to Gear Up for ASEAN Competition

Local companies, both big and small, need to “up their game” and gear up for competition with the upcoming ASEAN Economic Community (AEC) this year.

“With the market liberalisation, we’re talking about an economic community,” said International Trade and Industry Ministry ASEAN Economic Cooperation Division, Senior Director P. Ravidran at a media roundtable yesterday on the impact of the ASEAN Free Trade Area on the commercial vehicle and logistics industry.

“The Government has put in place movements to remove barriers to trade, so it’s up to the private sector to take advantage and adjust their business models.”

He added that local companies could not just rely on the domestic market for growth. “You have to export and with the removal of barriers to trade, it’s not just for the big companies to benefit, but also small and medium-sized enterprises.”

According to reports, the 10-member ASEAN has completed over 83% or 366 out of 436 economic integration measures under the AEC. About 90% of the integration measures are expected to

be achieved by the end of this year. The AEC will be announced in November this year during the 27th ASEAN Summit. Ravidran noted that the local logistics sector could benefit significantly from the AEC. “As at 2013, intra-ASEAN trade is 24% but logistics is an important component of trade.

“If you want to grow, you have to ensure that there’s more trade taking place and logistics has to be efficient.” He added that the long term target was to grow intra-ASEAN trade to 34%. “Logistics is one of the 12 priority integration sectors in ASEAN. You have to move cargo efficiently and that saves cost for businesses. “So logistics shall and will remain an important component of international trade.”

The upcoming AEC is expected to promote the harmonisation of rules and ease trading within the region.

“We need harmonisation of rules. We can’t have 10 different standards,” he said. “If I were a company and I had to manufacture a product conforming to 10 different standards, it’s not economical.”

The roundtable was organised by Asian Trucker magazine and featured speakers from the logistics industry. Asian Trucker magazine editor Stefan Pertz noted that the Malaysian Government had an important role to play when it came to providing clear guidelines on cross border land transportation to the industry.

“This is to ensure there will be no confusion and hiccups for companies which are operating in their respective countries when goods are transported across borders.”

Source: Bernama, 15 January 2015

Mustapa Meets Counterpart In IndiaInternational Trade and Industry Minister Dato’ Sri Mustapa Mohamed met Indian Commerce and Industry Minister Nirmala Sitharaman and discussed the strong bilateral ties between the two nations.

Among others, India requested Malaysia, which is the current chair of ASEAN, to take up a more proactive role in the negotiations for the Regional Comprehensive Economic Partnership (RCEP) trade pact.

Mustapa said Malaysia considered the conclusion of the RCEP negotiations as one of the deliverables during Putrajaya’s chairmanship of the 10-member grouping.

There are ample political will to conclude the negotiations, he said during the 15-minutes meeting held on the sidelines of the Confederation of Indian Industry Partnership Summit 2015 here today.

RCEP is a proposed free trade agreement, which involves the 10 members of ASEAN and six other nations namely Australia, China, India, Japan, South Korea and New Zealand.

The negotiations for RCEP, which involves 3 billion people and a combined Gross Domestic Product of US$17 trillion, were formally launched in November 2012 at the ASEAN Summit in Cambodia.

Mustapa was also hopeful that Indian Prime Minister Narendra Modi will visit Malaysia this year.Source: Bernama, 16 January 2015

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MITI Weekly Bulletin / www.miti.gov.my 02

Page 3: Volume 322

MalaysiaManufacturing Sector Performance

Source: Malaysia Department of Statistics

ExportsRM535.1 bil.

7.3%

ImportsRM538.3 bil.

5.4%

IPI*122.35.9%

SalesRM600.1 bil.

6.1%

Employment1,030,383 persons

1.5%

Salaries & WagesRM31.3 bil.

6.2%

Manufacturing Indicators, Jan - Nov 2014

0

10

20

30

40

50

60

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

2013 2014

42.8

38.9

45.0

42.2

43.4

43.4 46

.8 48.6

48.1 51

.9

47.4 49

.6

48.3

44.4 49

.8

50.4

49.8

46.6

47.9

49.2

49.1

49.9

49.6

45.6

38.4

48.2

47.0

45.0

44.3

50.5

48.4

47.5 49

.5

46.2 49

.1

48.3

41.6

47.9 49.4

50.8

49.2

49.7 52

.1

48.0

55.3

45.9

RM b

illio

n

Exports Imports

Monthly Trade Value

Monthly Employment and Salaries & Wages

50.0

46.1

51.3

49.450.3

51.4

54.053.1 53.2 53.8

53.0

55.1 55.6

53.5

55.9

53.3 53.1 53.3

54.855.8 55.5 55.1

54.3

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 Aug Sep Oct Nov

2013 2014

RM

bil

lio

n

11

0.6

10

1.1

11

4.8

11

4.1

11

5.1

11

5.3 1

20

.3

11

4.9 1

20

.4 12

5.0

11

9.0

12

1.0

11

5.9

11

1.1

12

2.1

11

9.9 1

24

.3

12

5.9

12

4.1

12

3.4

12

6.1

12

9.0

12

3.4

9095

100105110115120125130135

Jan

Fe

b

Ma

r

Ap

r

Ma

y

Jun

Jul

Au

g

Se

p

Oct

No

v

De

c

Jan

Fe

b

Ma

r

Ap

r

Ma

y

Jun

Jul

Au

g

Se

p

Oct

No

v

2013 2014

Ind

ustr

ial

Pro

du

cti

on

In

de

x (

20

10

=1

00

)

Monthly Sales Monthly IPI

Note: *IPI = Industrial Production Index % refers to y-o-y growth

1,023

1,016

1,025

1,024

1,026

1,022

1,018

1,016

1,015

1,014

1,015

1,018

1,029

1,021

1,025

1,027

1,029

1,033

1,031

1,033

1,031

1,029

1,030

2.65

2.58

2.78

2.672.62

2.68 2.68 2.66

2.742.69

2.72

3.03

2.86

2.77

2.902.86

2.822.86 2.87 2.85

2.82 2.84 2.84

2.30

2.40

2.50

2.60

2.70

2.80

2.90

3.00

3.10

1,010

1,015

1,020

1,025

1,030

1,035

1,040

1,045

1,050

1,055

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

2013 2014

Salar

ies &

Wag

es (R

M b

illion

)

Empl

oym

ent (

'000 p

erso

ns)

Employment Salaries & Wages

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MITI Weekly Bulletin / www.miti.gov.my 03

Page 4: Volume 322

Source: Malaysia Department of Statistics

Trade of Manufacturing Products, Jan-Nov 2014

Select Indicators in Manufacturing Sector by Major Industries, Jan-Nov 2014

E&E

Chemicals

Wood And Wood Products

Metal

Rubber Products

Transport Equipment

Processed Food AndBeverages

Non-Metallic MineralsProducts

Textiles & Apparel

Machinery & Equipment

313,426

125,584

103,337

86,855

74,138

74,726

59,029

41,396

38,552

22,454

317,434

128,721

101,905

86,565

76,969

74,852

59,478

43,254

41,686

22,566

Employment (persons)

Jan-Nov 2013

Jan-Nov 2014

Chemicals

E&E

Metal

Palm Oil

Wood And Wood Products

Transport Equipment

Processed Food And Beverages

Non-Metallic Minerals Products

Rubber Products

Machinery & Equipment

113.4

118.4

124.0

113.4

103.9

129.7

112.9

114.2

123.8

109.9

115.0

132.6

127.8

122.0

108.8

148.6

121.9

121.8

122.3

115.9

IPI (2010=100)

Jan-Nov 2013 Jan-Nov 2014

Export in Manufacturing2013: RM548.1 billionJan-Nov 2014: RM535.1 billion

Import in Manufacturing2013: RM559.8 billionJan-Nov 2014: RM538.3 billion

Employment IPI

Sales

“DR

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rowth”

MITI Weekly Bulletin / www.miti.gov.my 04

Page 5: Volume 322

“ASEAN and You”Save the Date...

ASEAN-OECD Conference And Meetings On Good Regulatory Practice

The government of Malaysia, as the 2015 Chair of ASEAN together with the Organisation for Economic and Co operation Development (OECD) as its knowledge partner will host three events on 9-12 March 2015 to assist embedding Good Regulatory Practice (GRP) across ASEAN in 2015:

Monday 9 March 2015: ASEAN OECD Centres of Government Meeting (by invitation)

Hosted by the Chief Secretary to the Government of Malaysia, this high level meeting will focus on the role of GRP to drive more responsive public administration. The meeting will bring together the Heads of Public Administrations, Prime Minister’s Offices, Cabinet Secretaries, and Secretaries-General of the Government from across ASEAN and OECD countries.

Tuesday 10 – Wednesday 11 March 2015: ASEAN-OECD GRP ConferenceThe conference will provide a high-level platform to initiate a broader agenda on GRP within ASEAN that can support closer intra- and inter-regional connectivity and economic integration. The conference will bring together government officials and regulators from AMS and OECD countries, representatives of business and civil society, academia, regional and international organisations.

Thursday 12 March: ASEAN OECD Good Regulatory Practices Network Meeting (by invitation)Chaired by Malaysia and New Zealand, this meeting will provide a government-to-government discussion on advancing the GRP agenda nationally as well as regionally. The meeting will bring together senior officials responsible for GRP initiatives in individual AMS, with the support of OECD peers.

More detailed information, including an agenda, invite and registration forms will be forthcoming in early 2015. For further information please contact: [email protected]

“DR

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MITI Weekly Bulletin / www.miti.gov.my 05

Page 6: Volume 322

International ReportUS Trade Performance

188.0

181.3

201.4

194.3199.1 198.6

193.8198.4

193.4

206.5

196.0

225.6

211.3

234.8

242.2 242.3239.7

246.5

238.6

245.1

253.3

231.3

150

170

190

210

230

250

270

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov

US$ billionUS Trade, Jan - Nov 2014

Exports Imports Total Trade

Goods 1,500.9 2,173.1 3,674.0

Services 649.7 437.5 1,087.2Goods & Services 2,150.7 2,610.5 4,761.2

Imports

Exports

Trade Balance: Export - Imports

US Bilateral Trade in Goods with Malaysia, Jan - Nov 2014

ExportsUS$11.9 bil.

ImportsUS$28.2 bil.

Source: CEIC Database

US Trade in Goods and Services, Jan - Nov 2014

Source: www.worldatlas.com

Top 10 Richest Nations in the

World GDP per capitaUS$91,379

1 Qatar

Do you know?

2

GDP per capitaUS$89,862

Luxembourg

GDP per capitaUS$56,797

Singapore4

GDP per capitaUS$56,920

Norway 6

GDP per capitaUS$47,084

USA

GDP per capitaUS$57,774

UAE3 5

GDP per capitaUS$46,424

7 Switzerland

GDP per capitaUS$39,711

10 Austria8

GDP per capitaUS$42,447

Netherlands

GDP per capitaUS$39,999

Ireland9

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MITI Weekly Bulletin / www.miti.gov.my 06

Page 7: Volume 322

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 Kazakhstan.

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)

Value of Preferential Certificates of Origin

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

23 Nov 2014 30 Nov 2014 7 Dec 2014 14 Dec 2014 21 Dec 2014 28 Dec 2014 4 Jan 2015 11 Jan 2015

AANZFTA 966 915 919 602 879 746 766 819AIFTA 503 513 601 458 589 416 441 498AJCEP 206 138 285 191 188 173 134 325ATIGA 4,899 4,138 4,749 3,925 4,731 3,336 4,021 3,967ACFTA 1,514 1,477 1,664 1,405 1,638 1,336 1,167 1,231AKFTA 930 640 741 750 840 633 597 585MICECA 316 253 274 251 305 223 314 267MNZFTA 0 9 6 12 11 4 9 10MCFTA 80 59 89 65 79 42 48 61MAFTA 489 409 336 328 379 322 341 375MJEPA 926 790 967 773 713 702 741 948MPCEPA 106 157 143 151 113 122 124 157GSP 100 158 122 93 162 136 94 144

23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 JanAANZFTA 95 81 82 43 73 66 80 115AIFTA 82 112 150 99 123 77 178 110AJCEP 91 41 100 87 78 50 34 136

0

20

40

60

80

100

120

140

160

180

200

RM

mill

ion

23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 JanATIGA 2,630 698 755 590 9,561 2,489 790 561ACFTA 621 648 927 764 852 414 451 306AKFTA 192 929 875 538 245 137 126 656

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

RM

mili

ion

23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 JanMICECA 38.94 38.97 37.51 30.00 60.61 31.94 53.02 44.94MNZFTA 0.00 0.22 0.40 0.14 0.12 0.07 0.07 0.31MCFTA 9.44 9.84 37.71 7.43 14.55 9.35 14.10 12.17MAFTA 78.68 58.87 29.20 24.05 33.37 24.97 47.84 28.88

0

10

20

30

40

50

60

70

80

90

RM m

illio

n

23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 JanMJEPA 155 274 159 128 125 93 179 145MPCEPA 12 18 13 42 14 14 11 34GSP 14 19 14 16 19 17 14 20

0

50

100

150

200

250

300

RM

mill

ion

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MITI Weekly Bulletin / www.miti.gov.my 07

Page 8: Volume 322

Source : Bank Negara Malaysia

Malaysian Ringgit Exchange Rate with British Pound Sterling and Singapore Dollar, January - December 2014

Gold and Silver Prices, 31 October 2014 - 16 January 2015

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

2.30

2.35

2.40

2.45

2.50

2.55

2.60

2.65

2.70

4.00

4.20

4.40

4.60

4.80

5.00

5.20

5.40

5.60

Jan Feb Mar Apr MayJun Jul AugSep Oct NovDec Jan Feb Mar Apr MayJun Jul AugSep Oct NovDec

2013 2014

British Pound Sterling (GBP) Singapore Dollar (SGD)

1 SGD = RM 2.65

1 GBP = RM 5.44

Aluminium, Nickel and Copper Prices, January - December 2014

Source : http://econ.worldbank.org

1,909

6,446

15,962

-

2,500

5,000

7,500

10,000

12,500

15,000

17,500

20,000

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

2013 2014

US$/mt

Aluminum Copper Nickel

37.4

41.1

35.0

36.0

37.0

38.0

39.0

40.0

41.0

42.0

31

Oct

7 N

ov

14

Nov

21

Nov

28

Nov

5 D

ec

12

Dec

19

Dec

26 D

ec

2 Ja

n

9 Ja

n

16 Ja

n

US$/Gram Gold

16.2

17.2

14.0

14.5

15.0

15.5

16.0

16.5

17.0

17.5

18.0

31

Oct

7 N

ov

14

Nov

21

Nov

28

Nov

5 D

ec

12

Dec

19

Dec

26 D

ec

2 Ja

n

9 Ja

n

16 Ja

n

US$/Oz Silver

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Page 9: Volume 322

Commodity Prices

Highest and Lowest Prices, 2014/2015

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)16 Jan 2015

(US$) 48.7 701.0 335.3 1,396.5 2,187.8 51.6 n.a (high)n.a (low)

% change* 0.7 0.7 11.1 3.9 3.3 3.6 n.an.a

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

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 n.a Not availbleSource :

Lowest (US$ per bbl)

Highest(US$ per bbl)

Crude Petroleum (16 January 2015)US$48.7 per bbl

201413 June 2014: 107.6

201426 Dec 2014: 54.6

20152 Jan 2015: 53.8

20159 Jan 2015: 48.4

Lowest (US$ per MT)

Highest(US$ per MT)

Crude Palm Oil (16 January 2015)US$701.0 per MT

201414 Mar 2014: 982.5

201426 Dec 2014: 664.0

201516 Jan 2015: 701.0

20159 Jan 2015: 696.1

Steel Bars(per MT)

RM1,900 - RM2,000

Average Domestic Prices, 9 Jan 2015

Billets(per MT)

RM1,600 - RM1,700

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Page 10: Volume 322

Source : 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.

Commodity Price Trends

1482.0

1556.5

1541.01525.0

1,513.0

1,481.0

1,436.5

1,481.0

1,470.5

1,520.5

1,453.0

1,396.5

1,350

1,400

1,450

1,500

1,550

1,600

31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan

US$

/mt

Rubber SMR 20

328.5

324.0

332.5

337.8

314.5

322.0

319.8

314.8 314.0

309.3

301.8

335.3

280

290

300

310

320

330

340

350

31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan

US$

/mt

Raw Sugar

53.3 53.3

52.0

53.053.1 52.8 52.8

51.7

51.8

51.8

53.5

51.6

50.5

51.0

51.5

52.0

52.5

53.0

53.5

54.0

31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan

US$

/mt

Coal

150.5

154.6

139.9137.4

124.0

114.8

127.2

137.1

134.2

132.6136.3

135.8

128.1121.4

111.8

114.6

100.6

92.7

96.1

92.6

82.4

81.0

74.068.0

50.0

70.0

90.0

110.0

130.0

150.0

170.0

Jan

Feb

Mar Ap

r

May Jun Jul

Aug

Sep

Oct

Nov De

c

Jan

Feb

Mar Ap

r

May Jun Jul

Aug

Sep

Oct

Nov De

c

2013 2014

US$

/dm

tu

Iron Ore

710.5

748.0

732.0 720.0 716.0

700.5

681.5

669.0

664.0

699.2 696.1701.0

600

620

640

660

680

700

720

740

760

31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan

US$

/mt

Crude Palm Oil

2,559.9

2,513.6

2,529.0

2,3522,326.7

2,326.7

2,218.8

2,288.1

2,280.4

2,280.4

2,117.5

2,187.8

2,000

2,100

2,200

2,300

2,400

2,500

2,600

31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan

US$

/mt

Cocoa

77.9

74.476.7

68.7 66.4

59.158.1

56.454.6 53.8

48.4 48.7

45

50

55

60

65

70

75

80

31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan

US$

/bbl

Crude Petroleum

355.0 355.0

320.0 320.0 320.0 320.0 320.0 320.0 320.0

330.0

320.0

345.0 345.0

300.0 300.0 300.0 300.0 300.0 300.0 300.0

320.0

300.0

270

280

290

300

310

320

330

340

350

360

370

31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan

US$

/mt

Scrap Iron

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

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin / www.miti.gov.my 10

Page 11: Volume 322

MARRYBROWN, winner of numerous domestic and international franchise industry awards, is proudly Malaysian-owned and has over 30 years of franchise experience under its belt. The homegrown fast food chain is currently the world’s largest Halal Quick Service Restaurant (QSR) brand originating from Asia. MARRYBROWN has a strong international presence with outlets operating in Malaysia, China, Indonesia, India, Sri Lanka, Maldives, Africa, the Middle East and Myanmar.

The halal menu features a wide variety of tasty meals including Crispy Chicken, Delicious Satay Burger, Nasi Marrybrown, Speciality Wrap, Fish ‘n’ Chips, Mi Kari, Chicken Porridge, finger foods, salads, fun fries and a range of hot and cold beverages and desserts – the only one of its kind in town and really “ something different “ for everyone.

Marrybrown, was founded in 1981, as a restaurant company that operates and franchises Marrybrown restaurants, through 15 countries throughout Asia, Middle East, and Africa.Marrybrown is among the nation’s leading fast-food chains, with more than 130 quick-serving restaurants in Malaysia and more than 350 international restaurants. As the first major fast-food chain to develop and expand the concept of “Something Different”experiences. Marrybrown has always emphasized on halal products serving millions of guests world-wide.As a winner of numerous awards, Marrybrown is fast expanding internationally ensuring that Marrybrown becomes a global food service organization and a worldwide brand.

The founder of Marrybrown, Datin Nancy Liew had a clear vision of what shewanted Marrybrown to be when she started the first restaurant in Johor Bahru. With firm conviction and commitment, she built a brand name that can offer good food at a great price, in a fun, friendly and comfortable atmosphere. This was the business concept upon which Marrybrown was founded. Building one of the most successful franchise chains in the country and globally, Liew relentlessly worked to ensure that the company continued its winning streak to become a global food service organisation and a worldwide brand that resonates with excellence and high quality.When speaking of the future, the awardwinning Marrybrown seeks to grow aggressively as an international franchise chain.

Today, Marrybrown offers a broad selection of distinctive, innovative products targeted at the fast-food consumer. Chicken represents the core of the menu, including the signature Lucky Plate, Chicken Porridge, Nasi Marrybrown the 100% Black Pepper Chicken-A-Licious. And, because value is important to fast-food customers, the company also offers value-priced products on “All-Time snacks,” including muffins, burgers.

Our company vision is “To be a national restaurant company of most admired brand – through the power of our people and our culture”.

Marrybrown Sdn. Bhd. (166331-X)Headquaters:

No.3 & 5, Jalan Dewani 3Kawasan Perindustrian Dewani

81100 Johor BahruJohor, Malaysia. +607 331 6590 +607 333 7899

[email protected]

Contact Us..

SUCCESS sTORY“D

RIV

ING

Transform

ation, PO

WER

ING

Grow

th”

MITI Weekly Bulletin / www.miti.gov.my 11

Page 12: Volume 322

MITI ProgrammeMITI Brainstorming 2015,

Cyberview Lodge & Resort Cyberjaya, 16 - 17 January 2015

Syndication Session on Coordination of National Investment Agenda and National Export Strategies, 17 January 2015

“DR

IVIN

G T

ransformation, P

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ERIN

G G

rowth”

MITI Weekly Bulletin / www.miti.gov.my 12

Page 13: Volume 322

MITI Cycling Team at the 2nd Car Free Morning, 18 January 2015

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin / www.miti.gov.my 13

Page 14: Volume 322

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IVIN

G T

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ERIN

G G

rowth”

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