-
Intra-Asean trade which has been on an increasing trend over the
years is expected to surpass the global average by 2% to 3% this
year, said Minister of International Trade and Industry Datuk Seri
Mustapa Mohamed.
Over the years we have seen a gradual increase in intra-Asean
trade and investment. We had started with about 10% intra-Asean
trade 20 years ago, and now it is about 24% to 25%, which is a big
jump in terms of intra-Asean trade, he told reporters after
officiating the Asean Business Forum 2015 yesterday.
This year, we are forecasting 2% to 3% growth in trade. We
believe the fast-paced growth of Asean economies relative to others
in the world, and trade growth in ASEAN is going to be higher than
the global average, he added, noting that the average global trade
grew by 5.9% last year. In 2013, intra-Asean trade amounted to
US$608.6 billion, accounting for 24.2% of total trade of the
region, compared with US$458.1 billion in 2008, when the Asean
Economic Community (AEC) Blueprint was first implemented.
Commenting on intra-Asean investment, he expects the market
share of the global foreign direct investment (FDI) flow to
gradually increase between 11% to 12%, from its current 10%.The
total FDI inflows to Asean amounted to US$122.4 billion in 2013,
representing the highest FDI flows into a region, globally, in
which US$21.32 billion came from investments within Asean
members.
Mustapa said he expects to see more investments coming from
Singapore, Indonesia, Thailand and the Philippines this year, due
to the countrys continuous economic stability and improvement in
business landscape. Last year, the top-three Asean markets for
Malaysia were Singapore, Thailand and Indonesia, with each
recording 51%, 19% and 15% of the countrys total export share.The
Asean market accounted for 26.8% of Malaysias total trade last
year, valued at RM389.03 billion with an increase of 3.9% from
2013.
We see this phenomenon growing in the next few years, more
intra-Asean trade and more intra-Asean investments coming in, he
said, noting the Asean Business Forum is part of the governments
initiative to build awareness on the opportunities within
Asean.
The Forum which aims to give participants an insight into Aseans
market needs and prospects, was attended by over 1,000 participants
from all over the country.
Source : MITI, 13 March 2015
Intra-Asean Trade Booming
MITI Weekly Bulletin / www.miti.gov.my 01
DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth
-
MALAYSIA
Monthly Manufacturing, Jan 2014 - Jan 2015
2,600
2,650
2,700
2,750
2,800
2,850
2,900
2,950
3,000
3,050
3,100
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
2014 2015
RM m
illio
n
RM m
illio
n
Sales Value Salaries and Wages Paid
1,029
1,034
2,781
2,886.3
2,550
2,600
2,650
2,700
2,750
2,800
2,850
2,900
2,950
3,000
1,015
1,020
1,025
1,030
1,035
1,040
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
2014 2015
RM('0
00)
No of Employees Average Salary per Employee
Selected Key Indicators, 2014 & 20152014
(preliminary)2015
(forecast)
Labour force (million persons) 14.0 14.4Employment (million
persons) 13.6 14.0Unemployment (as % of labour force) 2.9 3.0Per
Capita Income (RM) 34,123 35,572Real GDP (Growth %) 6.0 4.5 ~
5.5Real GNI (Growth %) 6.0 5.2Trade Balance (Goods) 125.1 94.2Trade
Balance (Services) -20.5 -16.4CPI (Consumer Price Index) 3.2 2.0 ~
3.0
Source : Department of Statistics, Malaysia & Bank Negara
Malaysia
Source : Department of Statistics, Malaysia
MITI Weekly Bulletin / www.miti.gov.my 02
DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth
-
Industrial Production Index, Jan 2014 - Jan 2015
Export & Import Price Index, Jan 2014 - Jan 2015
119.5
110.5
123.5
118.8
80
90
100
110
120
130
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
2014 2015
IPI Mining Manufacturing Electricity
109.0
109.8110.0
109.2 109.3
108.8108.4
107.6
106.8106.6 106.5
105.5 105.4
103
104
105
106
107
108
109
110
111
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
2014 2015
Export Price Index
106.7
107.0
107.1
106.7
106.9
107.0
106.9
107.0
106.9
107.0
107.1
106.9
106.5
106.2
106.3
106.4
106.5
106.6
106.7
106.8
106.9
107.0
107.1
107.2
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
2014 2015
Import Price Index
Sales Value and Growth for Selected Manufacturing Industries,
Jan 2014 and Jan 2015
Sales Value (RM million) Increase
Jan-14 Jan-15 RM million %
Manufacture of electrical capacitors and resistors 2,236.3
3,189.3 953.0 42.6
Manufacture of consumer electronics 2,295.4 2,624.7 329.3
14.3
Manufacture of plastics in primary forms 1,283.0 1,600.4 317.4
24.7
Manufacture of passenger cars 2,103.0 2,405.9 302.9 14.4Source :
Department of Statistics, Malaysia
Source : Department of Statistics, Malaysia
Source : Department of Statistics, Malaysia
MITI Weekly Bulletin / www.miti.gov.my 03
DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth
-
DiD You Know?Malaysias Trade in Wood, Jan 2014 - Jan 2015
Top Five Wood Export Destinations from Malaysia, 2014
Malaysias Wood Production 2013
2,147
2,473
2,2612,142 2,066 2,029
2,142
1,952
1,6911,865
2,075
0
500
1,000
1,500
2,000
2,500
3,000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
RM m
illio
n
Exports
117
101
137
80
110
43
54
85
59
47
68
0
20
40
60
80
100
120
140
160
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
RM m
illio
n
Imports
1,275.2
232.4 211.7 160.594.4
0
200
400
600
800
1,000
1,200
1,400
India Taiwan China Japan Viet Nam
RM m
illio
n
4.08
2.50
0.380.08
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
Logs Sawn Timber Plywood Mouldings
mill
ion
cubi
c m
etre
(m3 )
Source : Department of Statistics, Malaysia HS Code : 4403
(Wood, in the rough)
HS Code : 4403 (Wood, in the rough)Source : Department of
Statistics, Malaysia
Source : Jabatan Perhutanan Semenanjung Malaysia (Forestry)
MITI Weekly Bulletin / www.miti.gov.my 04
DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth
-
ASEAN and YouD
RIV
ING
Transform
ation, PO
WER
ING
Grow
th
MITI Weekly Bulletin / www.miti.gov.my 05
1. Together, ASEANs ten member states form an economic
powerhouse.
If ASEAN were a single country, it would already be the
seventh-largest economy in the world, with a combined GDP of $2.4
trillion in 2013 . It is projected to rank as the fourth largest
economy by 2050.
Labour-force expansion and productivity improvements drive GDP
growthand ASEAN is making impressive strides in both areas. Home to
more than 600 million people, it has a larger population than the
European Union or North America. ASEAN has the third-largest labour
force in the world, behind China and India; its youthful population
is producing a demographic dividend. Perhaps most important, almost
60 per cent of total growth since 1990 has come from productivity
gains, as sectors such as manufacturing, retail,
telecommunications, and transportation grow more efficient.
2. ASEAN is not a monolithic market.
ASEAN is a diverse group. Indonesia represents almost 40 per
cent of the regions economic output and is a member of the G20,
while Myanmar, emerging from decades of isolation, is still a
frontier market working to build its institutions. Although ASEAN
is becoming more integrated, investors should be aware of local
preferences and cultural sensitivities; they cannot rely on a
one-size-fits-all strategy across such widely varying markets.
3. Macroeconomic stability has provided a platform for
growth.
Memories of the 1997 Asian financial crisis linger, leading many
outsiders to expect that volatility comes with the territory. But
the region proved to be remarkably resilient in the aftermath of
the 2008 global financial crisis, and today it is in a much
stronger fiscal position: government debt is under 50 per cent of
GDPfar lower than the 90 per cent share in the United Kingdom or
105 per cent in the United States.
4. ASEAN is a growing hub of consumer demand.
ASEAN has dramatically outpaced the rest of the world on growth
in GDP per capita since the late 1970s. Income growth has remained
strong since 2000, with average annual real gains of more than 5
per cent.
Already some 67 million households in ASEAN states are part of
the consuming class, with incomes exceeding the level at which they
can begin to make significant discretionary purchases. That number
could almost double to 125 million households by 2025, making ASEAN
a pivotal consumer market of the future.
5. ASEAN is well positioned in global trade flows.
ASEAN is the fourth-largest exporting region in the world,
trailing only the European Union, North America, and China/Hong
Kong. It accounts for 7 per cent of global exportsand as its member
states have developed more sophisticated manufacturing
capabilities, their exports have diversified.
Understanding ASEAN : 7 Things You Need to Know
-
MITIs ASEAN Portal can be accessed via
http://www.miti.gov.my/
DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth
MITI Weekly Bulletin / www.miti.gov.my 06
The region sits at the crossroads of many global flows.
Singapore is currently the fourth-highest-ranked country in the
McKinsey Global Institutes Connectedness Index, which tracks
inflows and outflows of goods, services, finance, and people, as
well as the underlying flows of data and communication that enable
all types of cross border exchanges. Malaysia (18th) and Thailand
(36th) also rank among the top 50 most connected countries. ASEAN
is well positioned to benefit from growth in all these global
flows.
6. Intraregional trade could significantly deepen with
implementation of the ASEAN Economic Community, but there are
hurdles.
Some 25 per cent of the regions exports of goods go to other
ASEAN partners, a share that has remained roughly constant since
2003.
Intraregional trade in goodsalong with other types of
cross-border flowsis likely to increase with implementation of the
ASEAN Economic Community integration plan, which aims to allow the
freer movement of goods, services, skilled labour, and capital.
Progress has been uneven, however. While tariffs on goods are now
close to zero in many sectors among the original six member states
(Brunei, Indonesia, Malaysia, the Philippines, Singapore, and
Thailand), progress on liberalization of services and investment
has been slower, and nontariff barriers remain a stumbling block to
freer trade.
While deeper integration among its member states remains a work
in progress, ASEAN has forged free-trade agreements elsewhere with
partners that include Australia, China, India, Japan, New Zealand,
and South Korea. It is also party to the Regional Comprehensive
Economic Partnership trade negotiations that would form a mega
trading bloc comprising more than three billion people, a combined
GDP of about $21 trillion, and some 30 per cent of world trade.
7. ASEAN is home to many globally competitive companies.
In 2006, ASEAN was home to the headquarters of 49 companies in
the Forbes Global 2000. By 2013, that number had risen to 74. ASEAN
includes 227 of the worlds companies with more than $1 billion in
revenues, or 3 per cent of the worlds total .Singapore is a
standout, ranking fifth in the world for corporate-headquarters
density and first for foreign subsidiaries.
Consistent with this growth, foreign direct investment in ASEAN
has boomed, surpassing its precrisis levels. In fact, the ASEAN-5
(Indonesia, Malaysia, the Philippines, Singapore, and Thailand)
attracted more foreign direct investment than China ($128 billion
versus $117 billion) in 2013. In addition to attracting
multinationals, ASEAN has become a launching pad for new companies;
the region now accounts for 38 per cent of Asias market for initial
public offerings.
Despite their distinct cultures, histories, and languages, the
ten member states of ASEAN share a focus on jobs and prosperity.
Household purchasing power is rising, transforming the region into
the next frontier of consumer growth. Maintaining the current
trajectory will require enormous investment in infrastructure and
human-capital developmenta challenge for any emerging region but a
necessary step toward ASEANs goal of becoming globally competitive
in a wide range of industries. The ASEAN Economic Community offers
an opportunity to create a seamless regional market and production
base. If its implementation is successful, ASEAN could prove to be
a case in which the whole actually does exceed the sum of its
parts.
Understanding ASEAN : 7 Things You Need to Know (contd)
Source : McKinsey & Co
-
International Repor tD
RIV
ING
Transform
ation, PO
WER
ING
Grow
th
MITI Weekly Bulletin / www.miti.gov.my 07
Macau Economic IndicatorsGDP
Q3 2014-2.1%
Unemployment RateJan 2015 1.70%
Inflation RateJan 20154.8%
GDP per capita 2013uSD 54.1 k
Consumer Price IndexJan 2015103.4
Exports, 85.6
Imports, 91.2
0102030405060708090
100
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
RM m
illio
n
Malaysias Trade with Macau, 2004 - 2014
Source : Department of Statistics, Malaysia
Source : www.tradingeconomics.com
-
2.45
2.50
2.55
2.60
2.65
2.70
3.80
3.90
4.00
4.10
4.20
4.30
4.40
4.50
4.60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
1 EUR = RM 1 SGD = RM1 SGD = RM 2.65
1 EUR = RM 4.08
Source :
http://www.gold.org/investments/statistics/gold_price_chart/
Source :
http://www.hardassetsalliance.com/charts/silver-price/usd/oz
Malaysian Ringgit Exchange Rate with Euro and Singapore
Dollar
Gold Prices, 26 December 2014 - 13 March 2015
Silver Prices, 26 December 2014 - 13 March 2015
Source : Bank Negara, Malaysia
DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth
MITI Weekly Bulletin / www.miti.gov.my 08
37.8
37.0 36.0
37.0
38.0
39.0
40.0
41.0
42.0
43.0
26 D
ec
2 Ja
n
9 Ja
n
16 Ja
n
23 Ja
n
30 Ja
n
6 Fe
b
13 F
eb
20 F
eb
27 F
eb
6 M
ar
13 M
ar
US$/Gram Gold
16.1
15.6
14.5
15.0
15.5
16.0
16.5
17.0
17.5
18.0
18.5
26 D
ec
2 Ja
n
9 Ja
n
16 Ja
n
23 Ja
n
30 Ja
n
6 Fe
b
13 F
eb
20 F
eb
27 F
eb
6 M
ar
13 M
ar
US$/Oz Silver
-
Source: Ministry of International Trade and Industry,
Malaysia
Notes: The preference giving countries under the GSP scheme are
Japan, Switzerland, the Russian Federation, Norway and
Cambodia.
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)
18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 MarAANZFTA 76 86
90 87 92 74 89 73AIFTA 132 139 143 120 240 122 126 136AJCEP 75 75
75 104 116 72 55 78
0
50
100
150
200
250
300
RM
mill
ion
18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 MarATIGA 4,904
546 773 631 11,127 9,861 4,055 596ACFTA 303 464 562 505 533 165 865
780AKFTA 166 184 327 1,064 487 592 1,795 117
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
RM
mill
ion
18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 MarMICECA 39.93
65.37 43.02 58.35 47.23 40.80 132.78 49.74MNZFTA 0.09 0.08 0.52
0.25 0.08 0.02 0.13 0.01MCFTA 24.98 9.42 14.72 7.43 8.30 5.61 9.29
6.00MAFTA 96.36 42.20 40.95 27.65 51.15 25.27 36.27 23.40
0
20
40
60
80
100
120
140
RM
mill
ion
18 Jan 2015 25 Jan 2015 1 Feb 2015 8 Feb 2015 15 Feb 2015 22 Feb
2015 1 Mar 2015 8 Mar 2015
AANZFTA 809 963 883 663 1,001 467 835 658AIFTA 584 531 558 559
521 485 467 561AJCEP 185 170 243 241 254 116 172 154ATIGA 4,297
3,775 4,693 4,081 4,287 2,648 3,695 4,107ACFTA 1,429 1,150 1,232
793 920 790 1,659 1,454AKFTA 629 767 760 665 823 610 643 765MICECA
266 302 311 307 344 236 278 297MNZFTA 3 6 13 7 6 2 5 1MCFTA 74 39
62 56 53 27 56 42MAFTA 376 417 450 341 481 206 360 259MJEPA 835 874
972 817 847 608 775 823MPCEPA 160 160 158 153 130 139 150 173GSP
112 163 196 104 152 73 170 104
18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 MarMJEPA 152 355
157 123 133 116 145 131MPCEPA 75 20 18 41 17 72 19 52GSP 17 28 24
414 43 14 22 75
50
0
50
100
150
200
250
300
350
400
450
RM
mill
ion
Value of Preferential Certificates of Origin
Number and Value of Preferential Certificates of Origin
(PCOs)Number of Certificates
DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth
MITI Weekly Bulletin / www.miti.gov.my09
-
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)13 Mar 2015
(US$) 44.8 673.5 291.0 1,412.5 2107.8 58.4 270 (high)
250 (low)
% change* 9.6 2.7 5.6 unchanged 0.1 1.2 3.84.2
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
DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth
MITI Weekly Bulletin / www.miti.gov.my10
Commodity Prices
Notes: All figures have been rounded to the nearest decimal
point * Refer to % change from the previous weeks price i Average
price in the year except otherwise indicated n.a Not availble
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.
Highest and Lowest Prices, 2014/2015
Lowest (US$ per bbl)
Highest(US$ per bbl)
Crude Petroleum (13 March 2015)US$44.8 per bbl
201413 June 2014: 107.6
201426 Dec 2014: 54.6
20152 Jan 2015: 53.8
201513 Mar 2015: 44.8
Lowest (US$ per MT)
Highest(US$ per MT)
Crude Palm Oil (13 March 2015)US$673.5 per MT
201414 Mar 2014: 982.5
201426 Dec 2014: 664.0
201516 Jan 2015: 701.0
20156 Feb 2015: 621.0
Steel Bars(per MT)
RM1,850 - RM1,950
Average Domestic Prices, 13 Mar 2015
Billets(per MT)
RM1,450 - RM1,500
-
Source : Ministry of International Trade and Industry Malaysia,
Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa
Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry
Federation, Bloomberg and Czarnikow Group, World Bank.
Commodity Price TrendsD
RIV
ING
Transform
ation, PO
WER
ING
Grow
th
MITI Weekly Bulletin / www.miti.gov.my11
19,207
18,946
19,097 20,402
20,798
20,916
21,890
24,693 25,215
26,159 26,592
27,282
27,202
26,176
26,600
15,000
17,000
19,000
21,000
23,000
25,000
27,000
29,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2014 2015
RM/
tonn
e
Black Pepper
* until 13 March 2015
54.6 53.8
48.4
48.7
45.6
48.2
51.7
52.8
50.8
49.8 49.6
44.8
40
42
44
46
48
50
52
54
56
26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27
Feb 6 Mar 13 Mar
US$
/bbl
Crude Petroleum
2,280.4
2,280.4
2,117.5
2,187.8
2,065.2
1,958.9
2,003.9
2,060.0
2,113.7 2,124.6
2,110.4
2,107.8
1,900
1,950
2,000
2,050
2,100
2,150
2,200
2,250
2,300
2,350
26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27
Feb 6 Mar 13 Mar
US$
/mt
Cocoa
314.0309.3
301.8
335.3
345.5
331.3
324.3
330.0 326.8
310.8
300.5
291.0
280
290
300
310
320
330
340
350
360
26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27
Feb 6 Mar 13 Mar
US$
/mt
Raw Sugar
664.0
699.2
696.1
701.0
682.0
645.0
621.0
685.0690.0 689.0
692.5
673.5
600
620
640
660
680
700
720
26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27
Feb 6 Mar 13 Mar
US$
/mt
Crude Palm Oil
1,470.5
1,520.5
1,453.0
1,396.5
1,406.0
1,384.5
1,418.5
1,426.5
1,419.5
1,438.0
1,412.0
1,412.5
1,350
1,370
1,390
1,410
1,430
1,450
1,470
1,490
1,510
1,530
26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27
Feb 6 Mar 13 Mar
US$
/mt
Rubber SMR 20
-
Source : 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 TrendsD
RIV
ING
Transform
ation, PO
WER
ING
Grow
th
MITI Weekly Bulletin / www.miti.gov.my12
51.8 51.8
53.5
51.651.1
49.9
51.1
56.1
56.9
56.8
57.758.4
48.0
50.0
52.0
54.0
56.0
58.0
60.0
26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27
Feb 6 Mar 13 Mar
US$
/mt
Coal
128.1
121.4
111.8
114.6
100.6
92.7
96.192.6
82.4 81.0
74.068.0 68.0
63.0
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
2014 2015
US$
/dm
tu
Iron Ore
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
12,000
13,000
14,000
15,000
16,000
17,000
18,000
19,000
20,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
RM/
tonn
e
Nickel
320.0 320.0 320.0 320.0 320.0 320.0
330.0
320.0
280.0 280.0
260.0
270.0
300.0 300.0 300.0 300.0 300.0 300.0
320.0
300.0
250.0 250.0
240.0
250.0
220
240
260
280
300
320
340
360
21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 6 Feb 13
Feb 27 Feb 13 Mar
US$
/mt
Scrap Iron
Scrap Iron/MT (High)
Scrap Iron/MT(Low)
* data not available from 16 - 30 Jan, 20 Feb and 6 Mar 2015
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
1,500
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
2014 2015
RM/
tonn
e
Aluminium
* until 9 March 2015
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 5,500
5,700
5,900
6,100
6,300
6,500
6,700
6,900
7,100
7,300
7,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
RM/
tonn
e
Copper
* until 9 March 2015
-
13
includes amongst others structuring of facilities under the
Capital Markets and products development, training, Shariah
governancesuch as Shariah Audit & Shariah Review services and
also market research and provision of anaccredited
Abdul Raman Saad & Associates (ARSA) ARSA has an enviable
position as a premier company in the world of Islamic finance.The
homegrown company began operations as an independent commercial
entity,namely ARSA Shariah that was formed in 2008 for the
provision of services related to Shariah Finance. This was followed
with the establishment of ARSA Consultantsin 2010 initially to
cater for data compliance and training.Due to increasing demand in
Islamic finance, locally and globally and also the aspiration of
the Government of Malaysia to be the Islamic financial hub,
coupledwith the Islamic finance industry being still in its
evolution stage ARSA saw the potential ofproviding such services,
said ARSAs Founder, Datuk Dr Abdul Raman Saad.Amongst the services
are Shariah advisory, which
STRATEGIC ALLIANCES ARSA develops strategic alliances to support
its business growth and operations on a global platform. Thecompany
has embarked on the strategy of having a smart partnership with its
existing service recipients tominimise the risks. Abdul Abdul Raman
adds: We will focus on our recipients who go regional, for example,
we advise the Al-Aqar Reit and this Reit has expanded their
business across borders to Indonesia and also Australia. By having
our presence in Indonesia, the Reit will continue using our
services albeit under the Indonesian jurisdiction. Other forms of
strategic alliance that it considers are joint ventures with global
partners, informal co-operation, contractual alliances, minority
investments and franchising. There are many unique offerings of
ARSA that makes it stand out from the rest in the same field. He
says: Advising on various aspects of Reit exercises is one of our
unique value propositions. There are still not many players in the
market who are well versed or have diverse experience in relation
to Reit related cases especially in relation to Islamic Reit. ARSA,
through its group, has diverse experience advising on Reit from its
inception till financing be it through straight lending or sukuk
exercise. ARSA as a group has also experienced handling the
exercise of converting the conventional Reit to an Islamic Reit.
This experience gives the company a competitive edge over other
regional players in the market. He adds: The public perception that
Reit is only confined to real estate including land and building is
not true. Telecommunication or broadcasting towers can be used as
assets for listing under a Reit that is part of our unique
offering.
Success Story
Abdul Raman Saad & Associates Level 8, Bangunan KWSP No. 3,
Changkat Raja Chulan Off Jalan Raja Chulan 50200 Kuala Lumpur
Malaysia Tel (+603) 2032 2323 Fax (+603) 2032 5775 Email
[email protected]
Website : www.arsa.com.my
-
14
Quality Investments in Malaysia 2014
Source : MIDA
Infineon is Germanys largest semiconductor manufacturer and a
global leader in semiconductors for the automotive, power
management and hardware security industries. The company has a
cumulative investment of RM11 billion at three entities in
Malaysia. The company is investing into expansions at all three
companies including:
- Infineon Technologies (Kulim) Sdn Bhd: Infineons first wafer
fabrication facility in Asia presently employs 1,800 staff. The
company has plans to double its production capacity by expanding
its operations and adding another additional 12,000 sqm fab
facility.
- Infineon Technologies (Malaysia) Sdn Bhd: Infineons largest
assembly and test facility in Melaka for discrete semiconductors,
power semiconductors and sensor products. The facility currently
employs more than 5,700 staff.
- Infineon Technologies (Advanced Logics) Sdn Bhd: Infineons
assembly and test facility in Melaka for logic ICs, power
semiconductors. It presently employs more than 1,900 staff.
The investments include the establishment of a Competence Centre
for Megatrend Technologies in Kulim and the expansion of a
Development Centre in Melaka. Both these initiatives will create
more high-tech job opportunities for Malaysians. The Development
Centre focuses on R&D competencies in areas of innovative IC
packaging solutions, testing and product development.
Infineon is also collaborating with local universities such as
Universiti Teknikal Malaysia Melaka (UTEM), Multimedia University
(MMU), Universiti Kebangsaan Malaysia (UKM) and the German
Malaysian Institute (GMI) in areas of talent development such as
the Engineering Booster Program and German Dual Vocational Program
in industrial management.
* 10-year forecast subject to change** Employment data to
date
-
Save the Date...D
RIV
ING
Transform
ation, PO
WER
ING
Grow
th
MITI Weekly Bulletin / www.miti.gov.my 15
1 May-31 October 2015 . Milano . Italy .
-
MITI Programme
ASEAN - OECD Conference and Meetings on Good Regulatory
Practice, 9-12 March 2015
Asean Business Forum12 March 2015
MITI Weekly Bulletin / www.miti.gov.my16
DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth
-
Majlis Perlantikan Pembekal Strategik TNB12 Mac 2015
Lawatan Pelajar UiTM Kelantan ke MITI12 Mac 2015
MITI Weekly Bulletin / www.miti.gov.my17
DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth
-
Dear Readers,Kindly click the link below for any comments in
this issue. MWB reserves the right to edit and to republish letters
as reprints.
http://www.miti.gov.my/cms_matrix/form.jsp?formId=c1148fbf-c0a81573-3a2f3a2f-1380042c
Comments & Suggestions
Media Announcement on World Halal Summit 2015,10 March 2015
..... In the end, life is wonderful but nonetheless a series of
trade-offs, especially between business/professional endeavours and
family/community. And thankfully, I feel Im at a point in my life
where I no longer have to make such tough choices anymore. And for
that I am truly grateful. Carpe Diem
Excerpts from the retirement memo of Patrick Pichette, CFO
Google.
Quotes
Name : Araya KrisdatikarnDesignation : ClerkJob Description :
Responsible for
assisting and handlingof administrative tasksin the division
Division : MITI Bangkok,Embassy of MalaysiaBangkok, Thailand
Contact No : (+66) 85 241 032
Name : Rosnah Mohamed @Watt
Designation : ClerkJob Description : Responsible for
assisting and handlingof administrative tasksin the division
Division : MITI Belgium, Embassyof Malaysia Brussels,Belgium
Contact No : (+32) 2 776 0376
MITI Weekly Bulletin / www.miti.gov.my18
DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth