weekly bulletin weekly... · weekly bulletin 2 april 2019 | no. issn : 2180-0448 media release...

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1 MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446 VOLUME 529 MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell will be joined by MITI’s Deputy Secretary General for Trade as well as senior officials of Malaysian Investment Development Authority (MIDA), Malaysia External Trade Development Corporation (MATRADE) and InvestKL Corporation. During the mission, Minister Darell is scheduled to meet with top officials in the US Trade Representative Office, Department of Commerce and the White House. These meetings are aimed to further cement Malaysia’s trade and investment relations with the US. In expanding partnership with the private sector, Minister Darell will be interacting with key business groups such as the US-ASEAN Business Council, US Chamber of Commerce and Pacific Northwest Aerospace Alliance as well as select companies in sectors such as electric and electronics, artificial intelligence, petrochemical, and information communication technology. Minister Darell will connect with strategic partners during a seminar on “Forging Stronger Economic Relationship between Malaysia and the US”. He will also be sharing his views with the American media during his interview sessions. In 2018, the US remained as Malaysia’s top trading nation in the North America region and Malaysia’s third largest trading partner in the world at RM155.68 billion (USD38.57 billion, 8.3% share of Malaysia’s total trade). Exports to the US reached RM90.73 billion (USD22.48 billion), while imports from the US were RM64.94 billion (USD16.08 billion), both driven by manufactured goods. In term of implemented projects, the US remains as the second largest investor in Malaysia in sectors such as electric and electronics, medical devices, renewable energy and aerospace valued at RM74.01 billion (USD21.86 billion). Malaysian companies too have successfully ventured into the US in diverse sectors from entertainment and resort, oleo-chemical, industrial packaging, furniture to banking reaching over USD14 billion. Ministry of International Trade & Industry 1 April, 2019 International Trade and Industry Minister Darell Leiking will be leading a trade and investment mission to Washington DC, New York, Seattle, San Jose and San Francisco in the United States of America (US), from 1 April 2019 to 6 April 2019.

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Page 1: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

1MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

VOLUME 529

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRYWeekly

B U L L ET I N2 April 2019 | NO. ISSN : 2180-0448

Med

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TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019

Minister Darell will be joined by MITI’s Deputy Secretary General for Trade as well as senior officials of Malaysian Investment Development Authority (MIDA), Malaysia External Trade Development Corporation (MATRADE) and InvestKL Corporation.

During the mission, Minister Darell is scheduled to meet with top officials in the US Trade Representative Office, Department of Commerce and the White House. These meetings are aimed to further cement Malaysia’s trade and investment relations with the US.

In expanding partnership with the private sector, Minister Darell will be interacting with key business groups such as the US-ASEAN Business Council, US Chamber of Commerce and Pacific Northwest Aerospace Alliance as well as select companies in sectors such as electric and electronics, artificial intelligence, petrochemical, and information communication technology.

Minister Darell will connect with strategic partners during a seminar on “Forging Stronger Economic Relationship between Malaysia and the US”. He will also be sharing his views with the American media during his interview sessions.

In 2018, the US remained as Malaysia’s top trading nation in the North America region and Malaysia’s third largest trading partner in the world at RM155.68 billion (USD38.57 billion, 8.3% share of Malaysia’s total trade). Exports to the US reached RM90.73 billion (USD22.48 billion), while imports from the US were RM64.94 billion (USD16.08 billion), both driven by manufactured goods.

In term of implemented projects, the US remains as the second largest investor in Malaysia in sectors such as electric and electronics, medical devices, renewable energy and aerospace valued at RM74.01 billion (USD21.86 billion). Malaysian companies too have successfully ventured into the US in diverse sectors from entertainment and resort, oleo-chemical, industrial packaging, furniture to banking reaching over USD14 billion.

Ministry of International Trade & Industry1 April, 2019

International Trade and Industry Minister Darell Leiking will be leading a trade and investment mission to Washington DC, New York, Seattle, San Jose and San Francisco in the United States of America

(US), from 1 April 2019 to 6 April 2019.

Page 2: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

2MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

Med

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seMITI MINISTER FORGES STRONGER TIES WITH

HIS US COUNTERPARTS AND US MNCS

WASHINGTON, D.C. UNITED STATES, 2 April 2019 – International Trade and Industry Minister Datuk Darell Leiking kicked start his trade and investment mission in the United States (US).

In his first stop in Washington DC, Darell met with Mr Wilbur Ross, US Secretary of Commerce; Mr Clete Willems, Deputy Assistant to the President for International Economic Affairs and Deputy Director of the National Economic Council; and Ambassador Robert Lighthizer, United States Trade Representative. The meetings provided opportunity in exchanging views to improve trade and investment relations, as well as understanding key concerns from both economies.

In his engagements with the US business community, Darell met with more than 26 companies in a roundtable discussion which was hosted by the US-ASEAN Business Council and the US Chamber of Commerce. Separate meetings with companies in the chemical and aerospace industry were also held. The US businesses were keen to understand about Malaysia’s trade and business policies, as well as Malaysia’s stand on various areas from free trade agreements, healthcare, digital economy, e-commerce to logistics.

In 2018, the US remained as Malaysia’s top trading nation in North America region and Malaysia’s third largest trading partner in the world at RM155.68 billion (USD38.57 billion, 8.3% share of Malaysia’s total trade). Exports to the US reached RM90.73 billion (USD22.48 billion), while imports from the US were RM64.94 billion (USD16.08 billion), both driven by manufactured goods.

In term of implemented projects, the US remains as the second largest investors in Malaysia in sectors such as electric and electronics, medical devices, renewable energy and aerospace valued at RM74.01 billion (USD21.86 billion). Malaysian companies have successfully ventured in the US in diverse sectors from entertainment and resort, oleo-chemical, industrial packaging, furniture to banking reaching over USD14 billion.

Ministry of International Trade & Industry2 April, 2019

Page 3: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

3MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

Med

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The Government of Malaysia received a petition from Mycron Steel CRC Sdn. Bhd., a domestic producer, requesting anti-dumping investigation on imports of cold rolled coils of iron or non-alloy steel (CRC), of width more than 1300mm. The Petitioner alleged that imports of the subject merchandises originating in, or exported from, the People’s Republic of China, Japan, the Republic of Korea and the Socialist Republic of Viet Nam are being dumped into Malaysia at a price much lower than their domestic price. The Petitioner further claimed that dumped imports from the alleged countries have increased in terms of absolute quantity and have caused material injuries to the Petitioner. The Government has considered the prima facie evidence of dumping, injury and causal link and decided to initiate the anti-dumping investigation on imports of CRC of width more than 1300mm from the alleged countries.

In accordance with the Countervailing and Anti-Dumping Duties Act 1993 and its related Regulations, a preliminary determination will be made within 120 days from the date of initiation. If the preliminary determination is affirmative, the Government will impose a provisional anti-dumping duty at the rate that is necessary to prevent further injury.

In connection with this investigation, the Ministry of international Trade and Industry (MITI) will provide a set of questionnaires to interested parties (importers, foreign producers, exporters and associations). Other interested parties may request for the questionnaires no later than 12 April 2019. Interested parties may also provide additional supporting evidence to MITI on, or before, 27 April 2019. In the event no additional information is received within the specified period, the Government will make its preliminary findings based on the available facts.

Further enquiries concerning this investigation can be directed to:

The Director, Trade Practices SectionMinistry of International Trade and Industry (MITI)Level 9, Menara MITINo. 7, Jalan Sultan Haji Ahmad Shah50480 Kuala LumpurMALAYSIA

Telephone Number: (603) 6208 4634/ 4660/4638/4642Facsimile Number : (603) 6211 4429E-mail address: [email protected]

Ministry of International Trade & Industry29 March, 2019

INITIATION OF ANTI-DUMPING INVESTIGATION CONCERNING IMPORTS OF COLD-ROLLED COILS OF IRON OR NON-ALLOY STEEL, OF WIDTH

MORE THAN 1,300MM ORIGINATING IN OR EXPORTED BY THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, REPUBLIC OF KOREA

AND THE SOCIALIST REPUBLIC OF VIET NAM

Page 4: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

4MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

INITIATION OF AN ADMINISTRATIVE REVIEW (SUNSET REVIEW) INVESTIGATION ON THE ANTIDUMPING MEASURE IMPOSED ON IMPORTS OF CELLULOSE FIBRE REINFORCED CEMENT FLAT AND PATTERN SHEETS (FCB) ORIGINATING IN, OR IMPORTED FROM

THE KINGDOM OF THAILAND

The Government of Malaysia received a petition from Hume Cemboard Industries Sdn. Bhd., a domestic producer, requesting for an application of administrative review (sunset review) on the anti-dumping measure imposed on cellulose fibre reinforced cement flat and pattern sheets (FCB) originating in, or imported from The Kingdom of Thailand (Thailand). The Petitioner alleged that imports of FCB originating in or imported from Thailand is being dumped at a price much lower than their domestic selling price and want the Government of Malaysia to continue the imposition of anti-dumping duties on FCB from Thailand.

The Petitioner further claimed that imports from the alleged markets have increased and the domestic industry suffered material injury. The Government has evaluated and considered the evidence of dumping, injury and the causal link, and decided to initiate an administrative review (sunset review) investigation on imports of FCB from the alleged country.

In accordance with the Countervailing and Anti-Dumping Duties Act, 1993 and its related Regulations, a final determination on the investigation will be made within 180 days from the date of initiation. If the final determination is affirmative, the Government will impose an antidumping duty at the rate that is necessary to prevent further injury to the domestic industry.

In connection with this investigation, the Ministry of international Trade and Industry (MITI) will provide a set of questionnaires to interested parties (importers), foreign producers/exporters and trade associations. Other interested parties may request for the questionnaires no later than 8 April 2019. Interested parties may also provide additional supporting evidence to MITI before 22 April 2019. In the event no response is received within the specified period, the Government will make its preliminary findings based on the best facts available.

Further enquiries concerning this investigation can be directed to:

The Director, Trade Practices SectionMinistry of International Trade and Industry (MITI)Level 9, Menara MITINo. 7, Jalan Sultan Haji Ahmad Shah50480 Kuala LumpurMALAYSIA

Telephone Number: (603) 6208 4634/ 4660/4638/4642Facsimile Number : (603) 6211 4429E-mail address: [email protected]

Ministry of International Trade & Industry29 March, 2019

Med

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Page 5: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

5MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

Mal

aysi

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tics

PRODUCER PRICE INDEX (PPI) ( 2010 = 100 )

The Producer Price Index (PPI) local production d e c r e a s e d 1.6 per cent in February 2019 as compared to the same period of the preceding year

February 2019 1.6%

106.7

February2018

105.0

PPI for local production performance, Jan 2018- Feb 2019

Source : Department of Statistics, Malaysia

108.3

106.7106.3

106.8107.1

106.4106.7 106.6

107.9108.2

105.2

103.8

104.4

105.0

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

2018 2019

Indexs Number

Index Numbers

Percentage Change of PPI Local Production , by Sector

Agric

ultu

re, F

ores

ty

& Fi

shin

g

-11.6% Min

ing

2.4%

Man

ufac

turin

g

-1.3% Elec

trici

ty&

Gas

supp

ly

0.8% Wat

er S

uppl

y

-2.0%

Page 6: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

6MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.

Mal

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atis

tics

Mal

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a St

atis

tics

PERFORMANCE OF FOOD AND BEVERAGE SERVICES , 2017

PERFORMANCE OF PROFESSIONAL SERVICES , 2017

The food and beverage services recorded gross output value of RM82.8 billion in 2017 as compared to RM66.4 billion in 2015 with the annual growth rate value of 11.7 per cent per annum.

The professional services recorded gross output value of RM45.1 billion in 2017 compared to RM40.4 billion in 2015 with the annual growth rate value of 5.6 per cent per annum.

Source : Department of Statistics, Malaysia

Page 7: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

7MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.

Mal

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Mal

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PERFORMANCE OF REAL ESTATE SERVICES , 2017

PERFORMANCE OF EDUCATION SERVICES , 2017

The real estate services recorded gross output value of RM32.8 billion in 2017 as compared to RM28.1 billion in 2015 with the annual growth rate value of 8.1 per cent per annum.

The education services recorded gross output value of RM17.6 billion in 2017 compared to RM15.2 billion in 2015 with the annual growth rate value of 7.7 per cent per annum.

Source : Department of Statistics, Malaysia

Page 8: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

8MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

Inte

rnat

iona

l St

atis

tics

New Zealand Economic Indicators 2017

4.8 million P o p u l a t i o n

2.1% annualG r o w t h r a t e

6.6% Employment in Agriculture

20.2% Employment in Industry

73.1% Employment in Services

US$181.5 bi l l ionGDP at constant prices

3.0% annualG r o w t h r a t e

US$3.6billion

F D I F l o w Inward

F D I F l o w Outward

US$0.6 billion

US$76.4 billion

F D I Stock InwardF D I S t o c k Outward

US$18.0billion

US$12.8billionCommercialS e r v i c e sI m p o r t s

US$16.0 billionCommercialS e r v i c e sE x p o r t s

US$4 0.1billionMerchandiseG o o d sI m p o r t s

US$38.1billionMerchandiseG o o d sE x p o r t s

Malaysia's Trade with New Zealand 2008 - 2018

Source: Department of Statistics, Malaysia

Source: www.statistics.apec.org

and YOU...

21 Members

3.6

1.9

3.0 3.03.6

4.4

5.2

4.0

3.0

4.5 4.8

2.6

1.62.0

2.4 2.42.7 2.9 3.0 2.9

3.4 3.3

6.1

3.6

5.05.4

6.0

7.1

8.2

7.0

5.9

7.9 8.1

0

2

4

6

8

10

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

RM billion

Exports Imports Total Trade

Page 9: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

9MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia

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Generalised System of Preferences (GSP)

Total FOB (RM mil.) Total CO

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

Number and Value of Preferential Certificates of Origin (PCOs)

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ASEAN Trade in Goods Agreement (ATIGA)

Total FOB (RM mil.) Total CO

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1,000

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2,000

2,500

3,000

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200

400

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1,000

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ASEAN-China Free Trade Agreement (ACFTA)

Total FOB (RM mil.) Total CO

0

200

400

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800

1,000

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400

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800

1,000

1,200

1,400

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eb

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No. o

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RM m

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ASEAN-Korea Free Trade Agreement (AKFTA)

Total FOB (RM mil.) Total CO

0

50

100

150

200

250

300

350

0

20

40

60

80

100

120

140

6 Ja

n

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eb

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ar

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24 M

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No.

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ASEAN-Japan Comprehensive Economic Partnership (AJCEP)

Total FOB (RM mil.) Total CO

0

100

200

300

400

500

600

700

800

900

1,000

0

100

200

300

400

500

600

6 Ja

n

13 J

an

20 J

an

27 J

an

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eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

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rigin

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ASEAN-India Free Trade Agreement (AIFTA)

Total FOB (RM mil.) Total CO

0

200

400

600

800

1,000

1,200

1,400

0

20

40

60

80

100

120

140

160

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an

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eb

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ar

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ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)

Total FOB (RM mil.) Total CO

MITI Weekly Bulletin | www.miti.gov.

Page 10: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

10MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

Number and Value of Preferential Certificates of Origin (PCOs)

0

200

400

600

800

1,000

1,200

0

100

200

300

400

500

600

700

800

6 Ja

n

13 J

an

20 J

an

27 J

an

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Japan Economic Partnership Agreement (MJEPA)

Total FOB (RM mil.) Total CO

0

50

100

150

200

250

300

0

20

40

60

80

100

120

6 Ja

n

13 J

an

20 J

an

27 J

an

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)

Total FOB (RM mil.) Total CO

0

2

4

6

8

10

12

14

16

0.00

0.20

0.40

0.60

0.80

1.00

1.20

6 Ja

n

13 J

an

20 J

an

27 J

an

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

No.

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Orig

in

RM m

il.

Malaysia-New Zealand Free Trade Agreement (MNZFTA)

Total FOB (RM mil.) Total CO

0

20

40

60

80

100

120

0

200

400

600

800

1,000

1,200

1,400

6 Ja

n

13 J

an

20 J

an

27 J

an

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-Chile Free Trade Agreement (MCFTA)

Total FOB (RM mil.) Total CO

0

100

200

300

400

500

600

0

50

100

150

200

250

300

350

400

450

500

6 Ja

n

13 J

an

20 J

an

27 J

an

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)

Total FOB (RM mil.) Total CO

0

100

200

300

400

500

600

0

20

40

60

80

100

120

140

160

6 Ja

n

13 J

an

20 J

an

27 J

an

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-Australia Free Trade Agreement (MAFTA)

Total FOB (RM mil.) Total CO

0

50

100

150

200

250

300

350

0

50

100

150

200

250

300

6 Ja

n

13 J

an

20 J

an

27 J

an

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Turkey Free Trade Agreement (MTFTA)

Total FOB (RM mil.) Total CO

Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia

Page 11: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

11MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

Source : Bank Negara Malaysia

Malaysian Ringgit Exchange Rate with Selected Countries,January 2018 - March 2019

US Dollar

Chinese Yuan

Thai Baht

Japanese Yen

Singapore Dollar

New Taiwan Dollar

3.9578

3.8862

4.1867

4.0746

4.0790

3.70

3.75

3.80

3.85

3.90

3.95

4.00

4.05

4.10

4.15

4.20

4.25

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

2018 2019

RM

USD 1 = RM

0.6150

0.6221

0.5974

0.6078

0.59

0.59

0.60

0.60

0.61

0.61

0.62

0.62

0.63

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

2018 2019

RM

CNY 1 = RM

12.3963

12.1699

13.0154

12.8563

11.60

11.80

12.00

12.20

12.40

12.60

12.80

13.00

13.20

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

2018 2019

RM

THB 100 = RM

3.5615

3.7814

3.6696

3.45

3.50

3.55

3.60

3.65

3.70

3.75

3.80

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

2018 2019RM

JPY 100 = RM

2.9925

2.9555

3.0453

3.0125

2.90

2.92

2.94

2.96

2.98

3.00

3.02

3.04

3.06

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

2018 2019

RM

SGD 1 = RM

13.4522

13.2323

13.5766

13.2198

12.50

12.70

12.90

13.10

13.30

13.50

13.70

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

2018 2019

RM

TWD 100 = RM

Page 12: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

MITI Weekly Bulletin | www.miti.gov.my

2.0%*US$68.4

29 Mar 2019

%*US$380.0

(high)

%*US$350.0

(low)

Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, and Bloomberg.

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

CRUDE PETROLEUM (BRENT) -per bbl-

CRUDE PALM OIL -per MT-

0.1%*US$526.0

29 Mar 2019

RUBBER SMR 20 -per MT-

3.1%*US$1,445.0

COCOA SMC 2 -per MT-

5.5%* US$1,623.4

COAL -per MT-

3.1%*US$67.1

SUGAR -per lbs-

0.3%*US¢12.5

SCRAP IRON HMS -per MT-

5 Oct 2018 : US$84.2

Highest2018/2019

29 Mar 2019 : US$68.4

4 Jan 2019 : US$57.1 28 Dec 2018 : US$52.2

Lowest2018/2019

9 Mar 2018 : US$691.5

Highest2018/2019

22 Feb 2019 : US$567.0

4 Jan 2019 : US$503.8 23 Nov 2018 : US$448.5

Lowest2018/2019

Average Price 2018 i : US$71.5 Average Price 2018 i : US$600.1

Average Price 2018 i : US$1,371.0 Average Price 2018 i : US$1,535.6Average Price 2018 i : US¢12.3

Average Price 2018 i : US$380.7 (high)Average Price 2018 i : US$359.6 (low)

Average Price 2018 i : US$66.9

Domestic Prices29 March 2019

Steel Bars(per MT)

RM2,150– RM2,300

Billets(per MT)

RM2,000 - RM2,100

29 Mar 2019 29 Mar 2019 29 Mar 2019

29 Mar 2019

Page 13: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

13MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.

Commodity Price Trends

Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

1,580.8

1,561.0

1,523.2

1,473.5

1,479.4

1,599.1

1,665.61,657.3

1,594.4

1,491.3

1,539.2

1,623.4

1,450

1,500

1,550

1,600

1,650

1,700

11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar

US$

/mt

Cocoa

2,286

2,275

2,264

2,290

2,300

2,295 2,294

2,299

2,2882,289

2,306

2,295

2,260.0

2,265.0

2,270.0

2,275.0

2,280.0

2,285.0

2,290.0

2,295.0

2,300.0

2,305.0

2,310.0

11 Jan 18Jan 25 Jan 31 Jan 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar

US$

/mt

Pepper

1,379.5

1,343.0 1,341.0

1,335.5

1,319.0

1,353.0

1,428.0

1,493.5

1,452.0

1,475.0

1,491.5

1,445.0

1,300

1,320

1,340

1,360

1,380

1,400

1,420

1,440

1,460

1,480

1,500

11 Jan 18 Jan 25 Jan 31 Jan 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 MarU

S$/m

t

Rubber SMR 20

51.6

53.8 53.7

55.3

52.7

55.6

57.3

55.8 56.1

58.5 59.060.1

60.5

62.761.6

62.862.1

66.367.1

65.165.7

67.2 67.0 68.4

40

45

50

55

60

65

70

11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar

US$

/bbl

Crude Petroleum

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

524.0

530.5532.0

529.0

542.0

551.5

567.0 566.5

549.0

543.0

526.5

526.0

500

510

520

530

540

550

560

570

580

11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar

US$

/mt

Crude Palm Oil

12.8

13.0

12.4

12.612.7

13.0

13.3

12.6

12.2

12.512.6

12.5

12.1

12.3

12.5

12.7

12.9

13.1

13.3

13.5

11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar

US¢

/lbs

Sugar

Page 14: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

14MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.

15.7

15.4

15.7

15.9

15.815.7

16.0

15.3 15.3

15.3

15.4

15.1

15.0

15.2

15.4

15.6

15.8

16.0

16.2

11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar

US$

/oz

Silver

41.4 41.3

41.3

42.5

42.1 42.3

42.7

42.2

41.7

41.9

42.2

41.7

41.0

41.2

41.4

41.6

41.8

42.0

42.2

42.4

42.6

42.8

11 Jan 18 Jan 25 Jan 31 Jan 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar

US$

/oz

Gold

Sources: Ministry of International Trade and Industry Malaysia, , Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

2,21

0

2,18

2

2,06

9

2,25

5 2,30

0

2,23

8

2,08

2

2,05

2

2,02

6

2,03

0

1,93

9

1,92

0

1,85

4

1,86

3

1,400

1,500

1,600

1,700

1,800

1,900

2,000

2,100

2,200

2,300

2,400

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

2018 2019

US$

/ to

nn

e

Aluminium

7,06

6

7,00

7

6,79

9

6,85

2

6,82

5 6,96

6

6,25

1

6,05

1

6,05

1 6,22

0

6,19

6

6,07

5

5,93

9

6,30

0

4,000

4,500

5,000

5,500

6,000

6,500

7,000

7,500

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

2018 2019

US$

/ to

nne

Copper

12,8

65 13

,596

13,3

93

13,9

38

14,3

66 15

,106

13,7

94

13,4

11

12,5

10

12,3

15

11,2

40

10,8

35 11

,523

12,6

85

7,000

8,000

9,000

10,000

11,000

12,000

13,000

14,000

15,000

16,000

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

2018 2019

US$

/ to

nn

e

Nickel

Commodity Price Trends

76

.34

77

.46

70

.35

65

.75

66

.10

65

.04

64

.56

67

.15 68

.44

73

.41

73

.26

69

.15

76

.16

88

.22

60.0

65.0

70.0

75.0

80.0

85.0

90.0

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

2018 2019

US$

/dm

tu

Iron Ore

818.0

802.1

818.3

826.7

802.5

806.9

845.9

863.7

817.6

831.8

848.4

854.1

790.0

800.0

810.0

820.0

830.0

840.0

850.0

860.0

870.0

11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar

US

$/o

z

Platinum

350.0

340.0

330.0 330.0

300.0 300.0 300.0

330.0

380.0 380.0 380.0 380.0 380.0 380.0

320.0

310.0

300.0

310.0

290.0 290.0 290.0

310.0

350.0 350.0 350.0 350.0 350.0 350.0

250

270

290

310

330

350

370

390

410

28 Dec 4 Jan 11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar22 Mar29 Mar

US

$/m

t

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

75.676.3 76.6 76.3

75.1

73.8

71.6

70.6

69.1 69.1

65.1

67.1

62.0

63.0

64.0

65.0

66.0

67.0

68.0

69.0

70.0

71.0

72.0

73.0

74.0

75.0

76.0

77.0

78.0

11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar

US

$/t

Coal

Page 15: Weekly BULLETIN Weekly... · Weekly BULLETIN 2 April 2019 | NO. ISSN : 2180-0448 Media Release TRADE AND INVESTMENT MISSION TO THE UNITED STATES FROM 1-6 APRIL 2019 Minister Darell

15MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.

MIT

I PR

OG

RAM

MES

MITI Deputy Minister at the Jiang Huai Automotive Launch Event 28 March 2019

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16MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

MIT

I PR

OG

RAM

MES

MITI Deputy Minister at The Launch of The Scania New Truck28 March 2019

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17MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

Enumeration Block (EB)An enumeration block (EB) is a land area which is artificially created and consists of specific boundaries. On average, one EB contains about 80 to 120 living quarters with approximately 500 to 600 persons.Source : Population and Demography Source Detail : Census Coverage Evaluation Survey, DOSM

Environment StatisticsStatistics that describe the state and trends of the environment, covering the media of the natural environment (air/climate, water, land/soil), the biota within the media, and human settlements. Environment statistics are integrative in nature, measuring human activities and natural events that affect the environment, the impacts of these activities and events, social responses to environmental impacts, and the quality and availability of natural assets. Broad definitions include environmental indicators, indices and accounting.Source : Environment Source Detail : Compendium of Enviroment Statistics, DOSM

Environmental DegradationDeterioration in environmental quality from ambient concentrations of pollutants and other activities and processes such as improper land use and natural disasters. Source : Environment Source Detail : Compendium of Enviroment Statistics, DOSM

Environmental QualityState of environmental conditions in environmental media, expressed in terms of indicators or indices related to environmental quality standards Source : Environment Source Detail : Compendium of Enviroment Statistics, DOSM

Environmental Quality StandardLimit for environmental disturbances, in particular from ambient concentration of pollutants and wastes, that determines the maximum allowable degradation of environmental media. Source : Environment Source Detail : Compendium of Enviroment Statistics, DOSM

ErosionWearing away and transport of the soil by wind or running water, glaciers or waves. Erosion occurs naturally but is often intensified by human land-clearing activities related to farming, residential or industrial development.Source : Environment Source Detail : Compendium of Enviroment Statistics, DOSM

MITI Weekly Bulletin | www.miti.gov.

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18MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

For more information, kindly click the following links:http://www.miti.gov.my/index.php/pages/view/4761Vintage_English.pdf

For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/industry4WRD

ANNO

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ENTS

For more information, kindly click the links: http://mihas.com.my/

For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/aki?mid=535

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19MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

For more information, kindly visit:https://www.dosm.gov.my/v1/index.php?r=column/cone&menu_id=N0FVaDR4Y1hGMk1NNi9jS2ZQRFFLZz09#

NO DATE VENUE TOPIC

1 11 April (Thursday)

MITI HQ (SEMINAR 1)

Introduction to FTA & Preferential Certificate of Origin (PCO)

2 16 May (Thursday) MITI JOHOR

3 20 June (Thursday)

MITI HQ (SEMINAR 1)

4 18 July (Thursday)

MITI PAHANG

5 22 August (Thursday)

MITI HQ (SEMINAR 1)

6 19 September (Thursday) MITI PERAK

7 17 October (Thursday)

MITI HQ (SEMINAR 1)

8 14 November (Thursday)

MITI KELANTAN

ANNO

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20MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

AdministrAtion division

Rohaliza Mohd YatimAdministrative Assistant

Mohd Izwan Md ZulkifliAdministrative Assistant

Emy Syazleen AdnanAdministrative Assistant

Zaimi AhmadOperational Assistant

Zainal Hj ShariffOperational Assistant

Mohd Asri Abdullah SaariOperational Assistant

Hazman HashimOperational Assistant

Muhammad Farhan Mahamad ZakariaAssistant Director

Asmawati BakarPA to Director

of Management Services

Muhammad Firdaus AmramSenior Assistant Director

Mohd Zulfadli Md MaarofSenior Archivist

Dr. Katherine Anne a/p FrancisPrincipal

Assistant Director

Mohd Apandi AiniSenior Principal

Assistant Director

Masita Mat IsaDirector of

Management Services

Muhammad Azrizul Shafiq Shamsulhaimi

Administrative Assistant

Norazlina Abdul AzizAdministrative Assistant

Nur Shazwani Mohd RadziAdministrative Assistant

Nor Aishah YunusAdministrative Assistant

Khadijah AwangAdministrative Assistant

Salwa Mohd AdasAssistant

Administrative Officer

Zainun AbdullahPrincipal Assistant

Administrative Officer

Zachary MohamadSenior Assistant

Administrative Officer

Rohana AwangSenior Administrative Assistant

Mohamad Nazwan Mohd SaadAdministrative Assistant

MITI Weekly Bulletin | www.miti.gov.

MITI @ Your Service

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21MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

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