“DRIVING Transformation, POWERING Growth” Bernama, 4 September 2015 Malaysia’s Total Trade Grew 4.6 Per Cent in July MITI in the News Malaysia's total trade in July 2015 grew by 4.6 per cent to RM124.08 billion year- on-year, said the Ministry of International Trade and Industry (MITI) on 4 September 2015. It said export for the month expanded by 3.5 per cent or RM2.12 billion to RM63.23 billion compared with July 2014 while imports increased by 5.9 per cent to RM60.85 billion. The expansion in exports to China, the United States, Vietnam, Indonesia, Thailand, Japan and the European Union supported the higher growth in the month reviewed, it added. In July 2015, total trade with free trade agreement (FTA) partners was RM77.57 billion, up by 4.6 per cent with exports totalling RM40.03 billion and imports amounting to RM37.54 billion. Malaysia continued to register a trade surplus valued at RM2.38 billion in July 2015, making it the 213th consecutive month of trade surplus since November 1997. "The moderation in trade surplus reflected mainly the higher imports required for production and investment purposes which will contribute towards exports going forward," said MITI in its Malaysia External Trade Statistics report. Total trade for the first seven months of 2015 moderated to RM819.06 billion. Exports during the period contracted by 2.2 per cent to RM231.57 billion while imports declined by 1.4 per cent to RM387.49 billion to the corresponding period in 2014. Meanwhile, trade surplus remained sizeable at RM44.07 billion. "Similar moderation in trade performance was also registered by other countries in Asia," said MITI. Total trade with FTA partners was valued at RM515.13 billion, accounting for 62.9 per cent of Malaysia's trade during the first seven months of 2015. Overall, MITI said major manufacturing subsectors experienced positive growth on a year-on-year basis. Mining and major commodity subsectors had reduced exports due to significantly lower prices relative to last year. Major exports in July 2015 were electric and electrical products worth RM23.1 billion constituting 36.5 per cent of total exports, chemicals and chemical products (RM4.35 billion), palm oil (RM4.06 billion) and liquefied natural gas (RM3.09 billion). On a year-on-year basis, Malaysia's total trade with ASEAN remained firm at RM32.86 billion with higher imports from ASEAN of 2.6 per cent to RM15.51 billion. Exports to ASEAN amounted to RM17.35 billion, accounting for 27.4 per cent of Malaysia's total exports.
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MITI in the News Malaysia’s Total Trade Grew 4.6 Per Cent ... Weekly... · RM63.23 billion compared with July 2014 while imports increased by 5.9 per cent to RM60.85 billion. The
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“DRIVING Transformation, POWERING Growth”
Bernama, 4 September 2015
Malaysia’s Total Trade Grew 4.6 Per Cent in JulyMITI in the News
Malaysia's total trade in July 2015 grew by 4.6 per cent to RM124.08 billion year-on-year, said the Ministry of International Trade and Industry (MITI) on 4 September 2015. It said export for the month expanded by 3.5 per cent or RM2.12 billion to RM63.23 billion compared with July 2014 while imports increased by 5.9 per cent to RM60.85 billion.
The expansion in exports to China, the United States, Vietnam, Indonesia, Thailand, Japan and the European Union supported the higher growth in the month reviewed, it added. In July 2015, total trade with free trade agreement (FTA) partners was RM77.57 billion, up by 4.6 per cent with exports totalling RM40.03 billion and imports amounting to RM37.54 billion. Malaysia continued to register a trade surplus valued at RM2.38 billion in July 2015, making it the 213th consecutive month of trade surplus since November 1997.
"The moderation in trade surplus reflected mainly the higher imports required for production and investment purposes which will contribute towards exports going forward," said MITI in its Malaysia External Trade Statistics report.
Total trade for the first seven months of 2015 moderated to RM819.06 billion. Exports during the period contracted by 2.2 per cent to RM231.57 billion while imports declined by 1.4 per cent to RM387.49 billion to the corresponding period in 2014.
Meanwhile, trade surplus remained sizeable at RM44.07 billion. "Similar moderation in trade performance was also registered by other countries in Asia," said MITI.
Total trade with FTA partners was valued at RM515.13 billion, accounting for 62.9 per cent of Malaysia's trade during the first seven months of 2015.
Overall, MITI said major manufacturing subsectors experienced positive growth on a year-on-year basis. Mining and major commodity subsectors had reduced exports due to significantly lower prices relative to last year.
Major exports in July 2015 were electric and electrical products worth RM23.1 billion constituting 36.5 per cent of total exports, chemicals and chemical products (RM4.35 billion), palm oil (RM4.06 billion) and liquefied natural gas (RM3.09 billion). On a year-on-year basis, Malaysia's total trade with ASEAN remained firm at RM32.86 billion with higher imports from ASEAN of 2.6 per cent to RM15.51 billion.
Exports to ASEAN amounted to RM17.35 billion, accounting for 27.4 per cent of Malaysia's total exports.
US$9.5 bil. Increased 31.4% (y-o-y)Malaysia is the 23rd largest investor (US$744.1 mil.)
Note: * y-o-y growthSource: MITI New Delhi
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
Visit full website at https://esd.imi.gov.my/portal/
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
Source : Malaysia Petroleum Resources Corporation
Information for Mid-Tier CompaniesDevelopment Programme - Par t 1
The Mid-Tier CompaniesDevelopment Programme (MTCDP) aim to help MTCs accelerate Export Growth
Mid-Tier Companies (MTCs) are an integral part of the Malaysia Economy
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
Source: Ministry of International Trade and Industry, Malaysia
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)
12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 AugAANZFTA 78 126 80 182 69 85 99 85AIFTA 116 113 222 221 165 153 153 209AJCEP 51 50 95 57 102 47 71 58
0
50
100
150
200
250
RM
mill
ion
12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 AugATIGA 829 525 719 1,352 843 997 783 1,272ACFTA 613 410 547 830 850 4,575 982 557AKFTA 375 126 261 413 235 133 137 160
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, 2014/2015
Lowest (US$ per bbl)
Highest(US$ per bbl)
Crude Petroleum (4 Sep 2015)
US$46.1 per bbl
201413 June 2014: 107.6
201426 Dec 2014: 54.6
201529 May 2015: 60.3
201521 Aug 2015: 40.5
Lowest (US$ per MT)
Highest(US$ per MT)
Crude Palm Oil (4 Sep 2015)
US$500.5 per MT
201414 Mar 2014: 982.5
201426 Dec 2014: 664.0
201516 Jan 2015: 701.0
20154 Sep 2015: 500.5
Steel Bars(per MT)
RM1,600 - RM1,700
Average Domestic Prices, 28 Aug 2015
Billets(per MT)
RM1,300 - RM1,350
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.
Commodity Price Trends
663.5658.5 661.5
648.5639.5
630.5622.5
599.5
577.5
551.0
512.5500.5
480
500
520
540
560
580
600
620
640
660
680
700
19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep
US$
/mt
Crude Palm Oil
2,173.6
2,188.9
2,250.9
2,207.6
2,195.2
2,197.72,183.8
2,231.5
2,058.0
2,094.5
2,115.5
2,047.3 2,033.5
2,000
2,050
2,100
2,150
2,200
2,250
2,300
12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep
US$
/mt
Cocoa
249.8
254.8
263.3265.8 266.8
248.3
242.0
234.0
228.5 228.0
240.0
245.3
200
210
220
230
240
250
260
270
280
19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep
US$
/mt
Raw Sugar
1,570.51,550.0
1,499.0
1,451.0 1,446.5
1,407.51,396.0
1,343.5 1,341.5
1,302.51,285.0
1,216.5
1,100
1,150
1,200
1,250
1,300
1,350
1,400
1,450
1,500
1,550
1,600
19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep
US$
/mt
Rubber SMR 20
5,740
5,779 5,843
6,245
6,469
6,515
6,864
7,822
7,707
7,967
7,894 7,806
7,507
7,286 7,267
7,853
7,148 7,063
7,296
6,742
7,027
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
2014 2015
USD
/ to
nne
Black Pepper
* until 4 September 2015
60.0 59.6 59.7
56.9
52.7
50.9
48.147.1
43.942.5
40.5
45.246.1
63.963.0 63.3
60.358.7
57.5
54.6
52.2
48.6 49.0
45.5
50.1 49.6
35
40
45
50
55
60
65
70
12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep
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.
Commodity Price Trends
1,727
1,695 1,705
1,811
1,751
1,839
1,948
2,030
1,990
1,946
2,056
1,909
1,815
1,818
1,774
1,819
1,804
1,688
1,640
1,548 1,500
1,600
1,700
1,800
1,900
2,000
2,100
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2014 2015
US$
/ to
nne
Aluminium
14,101 14,204
15,678
17,374
19,401
18,629
19,118
18,600 18,035
15,812 15,807
15,962
14,849
14,574
13,756
12,831
13,511
12,825
11,413
10,386
9,000
11,000
13,000
15,000
17,000
19,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2014 2015
US$
/ to
nne
Nickel
270.0 270.0 270.0 270.0
280.0 280.0 280.0
270.0
260.0
250.0 250.0
240.0250.0 250.0 250.0 250.0
260.0 260.0 260.0
250.0
230.0 230.0 230.0
220.0
200
210
220
230
240
250
260
270
280
290
300
17 Apr 24 Apr 8 May 15 May 29 May 5 Jun 19 Jun 3 Jul 24 Jul 7 Aug 14 Aug 28 Aug
US$
/mt
Scrap Iron
Scrap Iron/MT (High) Scrap Iron/MT(Low)
7,291
7,149
6,650 6,674
6,891
6,821
7,113 7,002
6,872
6,737
6,713
6,446
5,831
5,729
5,940 6,042
6,295
5,833
5,457
5,127
5,000
5,200
5,400
5,600
5,800
6,000
6,200
6,400
6,600
6,800
7,000
7,200
7,400
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2014 2015
US$
/ to
nne
Copper
48.8
46.2
45.3
44.9 45.045.3
47.5 47.547.3 47.3 47.3 47.2
42.0
43.0
44.0
45.0
46.0
47.0
48.0
49.0
50.0
12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug
US$
/mt
Coal
128.1
121.4
111.8
114.6
100.6
92.7
96.192.6
82.4
81.0
74.0
68.0
68.0
63.0
58.0
52.0
60.063.0
52.0
56.0
40.0
50.0
60.0
70.0
80.0
90.0
100.0
110.0
120.0
130.0
140.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2014 2015
US$/
dmtu
Iron Ore
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
“The Housewife who became a CEO”
TAJ Vision Sdn Bhd
TAJ International College first started out in 1996 as TAJ College, a small college in small town Ipoh. Founded by a respected local leader who chose education to uplift the local population, the path of fate made a turn in 2005 and the daughter was given a chance to shine.
Tina bt Tajuddin was a young housewife when her big challenge came. She was actually nursing a four months old baby when her destiny called. There was also the small matter of location, she was happily married and living in Kuala Lumpur while the college was back in her hometown of Ipoh which was a few hundred kilometres away. To make it even more difficult, her young family’s modest economic situation at the time meant that she could not even afford to own a motor vehicle. In order to make it work, she would have to get on a long distance bus at 4am every morning to get to work on time, only to return back to her already asleep children late at night.In true entrepreneurial fashion Tina surmounted her difficulties and emerged as a model SME Bank success story. Her intelligence, determination and business acumen transformed the modest college. She moved the college from a
shoplot setting to a perfect location which allowed her to easily grow and add to the facilities of the college. From the college’s early days of conducting scaffolding pre-university programmes, various educational qualifications were added such as certificates, diplomas, degrees and Masters degrees.
Apart from home-grown programmes at the certificate and diploma levels specialising in automotive engineering, beauty management, early childhood education, and various business, management and entrepreneurship programmes, the college further extended its sphere into entrepreneurial university programmes at the degree and Masters
level in partnership with leading universities such as UNITAR. Its latest foray is into healthcare education in collaboration with Cyberjaya University College of Medical Sciences (CUCMS).
SME Bank’s facilities to assist new entrepreneurs made great sense to Tina. With no commercial bank interested to even listen, it was SME Bank that assisted Tina to elevate her operations. In 2009 she received funding of RM4 million to upgrade her college building and facilities. In 2012 Tina obtained a series of funding totalling over RM4 million to meet her expansion plans.
Tina’s next goal is for her college to achieve the status of ‘University College’ by 2016. With her dynamism, ambition and quick thinking, we are sure she will be able to achieve this and more!
See more at: http://www.yoursuccessourstory.com/story03.html#page=page-1
MAIN CAMPUS (IPOH)
TAJ International College100-102 Jalan Tun Abdul Razak
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“DRIVING Transformation, POWERING Growth”
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