MITI 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 MITI: Companies Continue To Invest, Expand And Diversify Despite the challenging economic environment, businesses are continuing to invest, expand and diversify their projects in Malaysia, said the International Trade and Industry Ministry (Miti).Minister Dato’ Sri Mustapa Mohamed said investors, particularly those who already have a presence in the country, continued to view Malaysia as their profit centre.Investors, he said, liked Malaysia for its highly diversified economy, strong manufacturing foundation, developed infrastructure and connectivity, proactive government policies and multilingual workforce, among other reasons. Speaking to reporters at a media conference at the Equatorial Hotel, Penang, Mustapa said Malaysia’s position as a preferred location for investments was reflected by the performance of the country’s approved investments in the manufacturing, services and primary sectors.In the first quarter of 2016, the Ministry of International Trade and Industry country recorded a total of 1,271 projects with investments of RM37.3bil, which he said will create 39,990 job opportunities. Domestic investments led with RM24.5bil or 65.7% of total approved investments, while foreign direct investment increased to RM12.8bil during the quarter, from RM10.0bil in the previous year. Mustapa noted that some of these companies such as Haemonetics, Osram Opto Semiconductor, UMW Rolls Royce, Infineon, X-Fab Sarawak, Oncogen Pharma, Honeywell, Schmidt + Clemens (S+C), Abbott, Boston Scientific, KLS Martin, JCY Group, HP and Coca-Cola were among those which recently announced advance stages of their project. These companies, he said, will create over 6,000 employment opportunities for Malaysians and are expected to generate RM4.1bil in exports annually.Following a visit to the facility of SAM Precision (M) Sdn Bhd, which is an arm of SAM Engineering & Equipment (SAM Malaysia), Mustapa said the group continued to view Malaysia as a profitable investment destination.“With the positive outlook of the aerospace industry, capability of Malaysia’s local supporting companies and the availability of talent pool for precision machining, SAM Malaysia has announced that it will be spending more than RM100mil over the next two years for expansion,” he said. This, he said, included the diversification project of SAM Precision to manufacture thrust reverser machined parts for the aerospace industry, the first of its kind in Malaysia.The company currently manufactures precision tools for the electronics industry.He also cited two examples of Malaysian companies that continued to expand their business in the country - RC Precision Engineering and Mi Equipment. Homegrown Malaysian company RC Precision Engineering which is involved in contract manufacturing, building OEM equipment, is expected to further invest RM8.5mil for a project this year.Mi Equipment, which specialises in Wafer Level Chip Scale Package (WLCSP), has plans to invest RM65mil for its expansion project.
20
Embed
MITI: Companies Continue To Invest, Expand And Diversify Weekly Bulletin/MITI_W… · Volunteering time Score (%) Myanmar 1 66 55 92 50 Malaysia 10 52 62 58 37 Thailand 19 48 44 87
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
MITI 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
MITI: Companies Continue To Invest, Expand And DiversifyDespite the challenging economic environment, businesses are continuing to invest, expand and diversify their projects in Malaysia, said the International Trade and Industry Ministry (Miti).Minister Dato’ Sri Mustapa Mohamed said investors, particularly those who already have a presence in the country, continued to view Malaysia as their profit centre.Investors, he said, liked Malaysia for its highly diversified economy, strong manufacturing foundation, developed infrastructure and connectivity, proactive government policies and multilingual workforce, among other reasons.
Speaking to reporters at a media conference at the Equatorial Hotel, Penang, Mustapa said Malaysia’s position as a preferred location for investments was reflected by the performance of the country’s approved investments in the manufacturing, services and primary sectors.In the first quarter of 2016, the
Ministry of International Trade and Industry
country recorded a total of 1,271 projects with investments of RM37.3bil, which he said will create 39,990 job opportunities.
Domestic investments led with RM24.5bil or 65.7% of total approved investments, while foreign direct investment increased to RM12.8bil during the quarter, from RM10.0bil in the previous year.Mustapa noted that some of these companies such as Haemonetics, Osram Opto Semiconductor, UMW Rolls Royce, Infineon, X-Fab Sarawak, Oncogen Pharma, Honeywell, Schmidt + Clemens (S+C), Abbott, Boston Scientific, KLS Martin, JCY Group, HP and Coca-Cola were among those which recently announced advance stages of their project.
These companies, he said, will create over 6,000 employment opportunities for Malaysians and are expected to generate RM4.1bil in exports annually.Following a visit to the facility of SAM Precision (M) Sdn Bhd, which is an arm of SAM Engineering & Equipment (SAM Malaysia), Mustapa said the group continued to view Malaysia as a profitable investment destination.“With the positive outlook of the aerospace industry, capability of Malaysia’s local supporting companies and the availability of talent pool for precision machining, SAM Malaysia has announced that it will be spending more than RM100mil over the next two years for expansion,” he said.
This, he said, included the diversification project of SAM Precision to manufacture thrust reverser machined parts for the aerospace industry, the first of its kind in Malaysia.The company currently manufactures precision tools for the electronics industry.He also cited two examples of Malaysian companies that continued to expand their business in the country - RC Precision Engineering and Mi Equipment.
Homegrown Malaysian company RC Precision Engineering which is involved in contract manufacturing, building OEM equipment, is expected to further invest RM8.5mil for a project this year.Mi Equipment, which specialises in Wafer Level Chip Scale Package (WLCSP), has plans to invest RM65mil for its expansion project.
MITI 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
Notes:% : y-o-y Growth* : includes FT Putrajaya** : Supra State covers production activities that are beyond the centre of predominant economic interest for any state.
Source : Department of Statistics, Malaysia
GDP percapita by State, 2015 at Current Prices
MalaysiaRM37,104
Economic Performance 2015GDP by State for year 2015 at Constant 2010 Prices
Note: The CAF* World Giving Index measures the average percentage of people in each country who donate money, volunteer or help a stranger. 145 countries were surveyed in 2015, representing around 96% of the world’s population.* - Charities Aid Foundation
Gross Domestic Product: Second Quarter 2016 (Third Estimate)
Malaysia’s Trade with U.S.A.: 2005-2015Source: U.S. Bureau of Economic Analysis
Source : Department of Statistics, Malaysia
Malaysia Global Trade, 2015Total Trade: RM1,465.34 bil.Exports : RM779.95 bil.Imports : RM685.39 bil
MITI 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
0
20
40
60
80
100
120
140
160
180
0
5
10
15
20
25
30
35
40
10 J
ul
17 J
ul
24 J
ul
31 J
ul
7 A
ug
14 A
ug
21 A
ug
28 A
ug
4 Se
p
11 S
ep
18 S
ep
25 S
ep
No. o
f Cer
tific
ate
of O
rigin
RM m
il.
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.
Source: Ministry of International Trade and Industry, Malaysia
Number and Value of Preferential Certificates of Origin (PCOs)
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
HIGHEST and LOWEST 2015/2016
Highest 9 August 2016 : US$50.9 15 May 2015 : US$66.8
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.
SUGAR -per lbs-30 Sept 2016 : US$23.0, 1.3%*
Average Pricei : 2015: US$13.2 2014: US$16.6
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
Commodity Price Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
655.0
685.0
659.0 660.0
695.5
747.0
769.4 765.5771.0
785.5
770.5 772.5
550
600
650
700
750
800
15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep 23 Sep 30 Sep
US$
/mt
Crude Palm Oil
2,147.32,161.6
2,152.5
2,259.8
2,212.9
2,337.3
2,288.3
2,160.6 2,161.9
2,107.3
2,202.4
2,056.4
1,800
1,900
2,000
2,100
2,200
2,300
2,400
15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep 23 Sep 30 Sep
US$
/mt
Cocoa
19.3
19.6
19.1
20.4
19.7
19.820.6
20.2
20.7 21.2
22.723.0
15.0
16.0
17.0
18.0
19.0
20.0
21.0
22.0
23.0
24.0
15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep 23 Sep 30 Sep
US$
/lbs
Sugar
1,293.51,306.0
1,273.0
1,307.0
1,319.5
1,319.0
1,274.0
1,315.0
1,337.0
1,337.5
1,467.0
1,368.5
1,150
1,200
1,250
1,300
1,350
1,400
1,450
1,500
15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep 23 Sep 30 SepU
S$/m
t
Rubber SMR 20
7,591
7,286 7,267
7,853
7,148 7,063
7,296
6,742
6,940
7,029
6,963
7,008
6,900
7,088
7,113
7,281
6,917 6,851 6,730
6,337
6,085
5,000
5,500
6,000
6,500
7,000
7,500
8,000
8,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
2015 2016
USD
/ to
nne
Black Pepper
* until 23 September 2016
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
Sources: Ministry of International Trade and Industry Malaysia, , Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
Commodity Price Trends
43.5 43.5 43.5 43.5 43.5 43.5 43.5 43.5
44.6
44.1 44.1 44.1
40.0
41.0
42.0
43.0
44.0
45.0
46.0
47.0
48.0
49.0
50.0
15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep 23 Sep 30 Sep
US$
/mt
Coal
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
1,591
1,629 1,641
1,400
1,450
1,500
1,550
1,600
1,650
1,700
1,750
1,800
1,850
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
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 4,633
4,865 4,759
4,000
4,500
5,000
5,500
6,000
6,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
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
8,906
10,263
10,366
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 Mar Apr May Jun Jul Aug
2015 2016
US$
/ to
nneNickel
46.0
44.2
41.6 41.8
44.5
48.5
47.6
44.4
45.9
43.944.5
48.247.6
45.7
42.5
44.3
47.0
50.9
49.9
46.8
48.0
46.6
45.9
49.1
40
42
44
46
48
50
52
15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep 23 Sep 30 Sep
MITI 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
1,094.0 1,094.0
1,145.0
1,148.0
1,148.0
1,108.0
1,079.0
1,054.0
1,075.0
1,033.0
1,057.0
1,036.0
960.0
980.0
1,000.0
1,020.0
1,040.0
1,060.0
1,080.0
1,100.0
1,120.0
1,140.0
1,160.0
15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep 23 Sep 30 Sep
US$
/oz
Platinum
Commodity Price Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.
320.0
300.0
280.0270.0
230.0
200.0
230.0240.0 240.0 240.0
220.0230.0
300.0
280.0
260.0250.0
220.0
180.0
210.0220.0 220.0 220.0
200.0210.0
100
150
200
250
300
350
23 May 30 May 6 Jun 10 Jun 24 Jun 15 Jul 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 26 Sep
US$
/mt
Scrap Iron
Scrap Iron/MT (High) Scrap Iron/MT(Low)
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
52.0
57.0
61.0
38.0
43.0
48.0
53.0
58.0
63.0
68.0
73.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2015 2016U
S$/d
mtu
Iron Ore
20.3
19.7
20.3
20.0
20.2
19.2
18.8
19.2
19.5
19.0
19.8
19.7
17.5
18.0
18.5
19.0
19.5
20.0
20.5
15 Jul 22 Jul 29 Jul 5 Aug 12 Aug 19 Aug 26 Aug 2 Sep 9 Sep 15 Sep 23 Sep 30 Sep
US$
/oz
Silver
42.7
42.5
43.2 43.1
43.5
43.3
42.4
42.6
42.8
42.1
43.0
42.5
41.0
41.5
42.0
42.5
43.0
43.5
44.0
14 Jul 21 Jul 28 Jul 4 Aug 11 Aug 18 Aug 25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep
US$
/oz
Gold
MITI 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
MITI ProgrammeASEAN Border Trade 2016
30 September - 2 October 2016Officiated by Minister of International Trade & Industry
MITI 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
MITI ProgrammeBrainstorming For APEC 2020
Officiated by Secretary General, MITI
Fire Drill Day in MITI29 September 2016
29 September 2016
MITI 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
Announcement
MITI 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
MITI 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
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
MITI 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
MITI @ Your Service
MITI CLUBCOMMITTEE MEMBERS
2016-2018
PRESIDENT
ISHAM ISHAK
VICE PRESIDENT
MUHAMMAD RAZMAN
ABU SAMAHSECRETARY
MOHD NAJEEB
ABDULLAH
ASSISTANTSECRETARY
DANIEL YAP EN JUAN
TREASURER
MUHAMMAD IZARUL KAYAT
ASSISTANTTREASURER
HASHIMAH ABU KASIM
SPORTS AND RECREATION
BUREAU
SOCIAL AND CULTUREBUREAU
WELFAREBUREAU
EDUCATIONBUREAU
PUBLICATIONS AND PUBLICITY
BUREAU
ECONOMICS AND ENTREPRENEURSHIP
BUREAU
MOHD HAFIZ NOOR
RAZALI
SABARIAH MOHAMED
HARMI HARON
ZAIREEN OMAR
SHAZILA SHARUDIN
ENA FAZLEEN ZAINAL
KAN
ZABIDAH SAFAR
SYAMSUL AMMAR
SHUIB
M.SARAVANAN M.MANOHARA
MAZMEN ABDUL HAMID
MICHELLE GUI
SHU CI
SEOW JING YIN
SHAHARMILAH THARSHINI BANIFACE
NOOR MARLINA ZAKARIA
ZAINATULAKMA
CHE MAT ZAIN
KHAIRULNIZAM
HASHIM
RENY ZULFA
ZULKIFLI
MAZNI BIDIN
MITI 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
Dear Readers,
Kindly click the link below for any comments in this issue. MWB reserves the right to edit and republish letters as reprints.
http://www.miti.gov.my/index.php/forms/form/13
MITI Weekly Bulletin (MWB) Mobile AppsMITI 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
MWB Facebook PageLike MWB page at https://www.facebook.com/MITIWeeklyBulletin/?fref=ts