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“DRIVING Transformation, POWERING Growth” World Bank Ranks Malaysia 18 th in the World in “Doing Business Report 2016” MITI in the News Malaysia’s prudent, pragmatic and pro-business policies and processes yet again withstood the test of resilience as the nation ramps up efforts to achieve high-income status within the next five years. The World Bank’s Doing Business Report 2016 (DB 2016), released today, saw Malaysia being ranked at 18 th position out of the 189 economies. Malaysia remains in the top 20 economies in the world even as the country battles headwinds from global economic volatilities. In placing Malaysia among the top 20 economies in the world with the most business-friendly regulations, the World Bank acknowledged the country’s significant improvements in regulatory processes. The DB 2016 ranked Malaysia ahead of economies such as Switzerland (26 th ), France (27 th ), Netherlands (28 th ), Japan (34 th ), United Arab Emirates (31 st ), Thailand (49 th ), China (84 th ) and India (130 th ). Within ASEAN, Malaysia was ranked second, behind Singapore. The World Bank’s DB 2016 ranking comes on the heels of the recently released World Economic Forum’s Global Competitiveness Report, which had ranked Malaysia 18 th among the 140 economies that were surveyed. International Trade and Industry Minister Dato’ Sri Mustapa Mohamed welcomed the DB 2016 Report. “It’s yet another affirmation of the efficacy of the Government’s efforts to resolve operational inefficiencies and review procedures and regulations under the Government Transformation Programme and the Economic Transformation Programme,” he said. The Minister added that the high ranking accorded Malaysia was also a testament to the work of PEMUDAH, the joint public-private sector Special Task Force to Facilitate Business. “The fertile eco-system that helps nurture our economic expansion can be directly traced to the strong public-private partnership exemplified by PEMUDAH. This close collaboration at the most senior levels of the Government and the private sector enables both sides to highlight blockages in the system and align policies and procedures accordingly,” Dato’ Sri Mustapa said.

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Page 1: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

“DRIVING Transformation, POWERING Growth”

World Bank Ranks Malaysia 18th in the World in “Doing Business Report 2016”

MITI in the News

Malaysia’s prudent, pragmatic and pro-business policies and processes yet again withstood the test of resilience as the nation ramps up efforts to achieve high-income status within the next five years.

The World Bank’s Doing Business Report 2016 (DB 2016), released today, saw Malaysia being ranked at 18th position out of the 189 economies. Malaysia remains in the top 20 economies in the world even as the country battles headwinds from global economic volatilities. In placing Malaysia among the top 20 economies in the world with the most business-friendly regulations, the World Bank acknowledged the country’s significant improvements in regulatory processes.

The DB 2016 ranked Malaysia ahead of economies such as Switzerland (26th), France (27th), Netherlands (28th), Japan (34th), United Arab Emirates (31st), Thailand (49th), China (84th) and India (130th). Within ASEAN, Malaysia was ranked second, behind Singapore. The World Bank’s DB 2016 ranking comes on the heels of the recently released World Economic Forum’s Global Competitiveness Report, which had ranked Malaysia 18th among the 140 economies that were surveyed.

International Trade and Industry Minister Dato’ Sri Mustapa Mohamed welcomed the DB 2016 Report. “It’s yet another affirmation of the efficacy of the Government’s efforts to resolve operational inefficiencies and review procedures and regulations under the Government Transformation Programme and the Economic Transformation Programme,” he said. The Minister added that the high ranking accorded Malaysia was also a testament to the work of PEMUDAH, the joint public-private sector Special Task Force to Facilitate Business. “The fertile eco-system that helps nurture our economic expansion can be directly traced to the strong public-private partnership exemplified by PEMUDAH. This close collaboration at the most senior levels of the Government and the private sector enables both sides to highlight blockages in the system and align policies and procedures accordingly,” Dato’ Sri Mustapa said.

Page 2: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

Using a measurement that focuses on the quality and efficiency of regulations, the DB 2016 Report gave Malaysia a score of 79.13 out of 100 in what it terms the “distance to frontier” (DTF). The DTF score captures the gap between an economy’s performance and a measure of best practices across 36 sub-indicators of quality and efficiency, where 100 is the frontier and 0 is the furthest from the frontier. Malaysia’s score of 79.13 in the latest report is an improvement from the revised DTF score of 79.08 in DB 2015. Malaysia recorded the highest DTF score in the “Starting a Business” indicator, with 95.34. For the other nine indicators covered in the report, Malaysia’s DTF scores are: Dealing with Construction Permits (81.10), Getting Electricity (90.05), Registering Property (76.32), Getting Credit (70.00), Protecting Minority Investors (78.33), Paying Taxes (84.31), Enforcing Contracts (66.61), Trading Across Borders (86.74) and Resolving Insolvency (62.49).

The Report recognised Tenaga Nasional Brhad’s initiative to set up a web page with a bill calculator, making it easier for customers to estimate their future electricity costs based on the voltage level and subscribed capacity of their connection and their estimated monthly consumption during peak and off-peak periods. The World Bank cited this effort as “exemplary” that can be emulated by other economies. The World Bank also noted that Malaysia had reduced taxes other than profit and labour taxes - such as the property tax rate from 12% to 10% of the annual rental value for commercial properties for 2014. In addition, Malaysia was acknowledged for its initiatives in enhancing electronic services by making it compulsory for employers with 50 or more employees to contribute to the Employees Provident Fund (EPF) using the e-filing system. Malaysia was also credited for making tax payment easier and less costly for companies by making e-filing mandatory.

For the indicators and sub-indicators, Malaysia has improved in the following:

Source : Ministry of International Trade and Industry, 28 October 2015

Dato’ Sri Mustapa said that moving forward, PEMUDAH will continue to collaborate with the International Finance Corporation (IFC) of the World Bank to examine the target areas for improvement. “The relatively high rankings accorded to Malaysia by the World Bank and WEF are encouraging. But as we compete for a larger slice of investments in the highly complex global economy, Malaysia has to keep upping our game,” he said.

Starting a Business

• DTF score improved to 95.34 from 95.28 previously.

• Cost (% of income per capita) reduced to 6.7% from7.2% previously.

Dealing with Construction Permits

• DTF score improved to 81.1 from 81.07 previously.

Paying Taxes

• DTF score improved to 84.31 from 83.87 previously; and

• Time (hours per year) reduced to 118 hours from 133 hours previously.

Resolving Insolvency

• DTF score improved to 62.49 from 62.48 previously.

Page 3: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

4.7 4.8

3.3

6.9

9.2

2.5 2.

8

5.3

5.0 5.

3

3.4

3.1

4.4

5.9

4.4

6.5

4.2

5.0

8.4

5.3

7.6

3.1

3.9

8.0

4.6 5.

1

5.0

4.3

6.7

6.0

0

2

4

6

8

10

12

14

Growth (%)

2013 2014

Gross Domestic Product by State, 2014

Source : Department of Statistics, Malaysia

Annual GDP Growth by State, 2013 - 2014

MALAYSIA

Malaysia GDP2013: RM955.3b2014: RM1,012.5b

Malaysia Real GDP Growth2013: 4.7%2014: 6.0%

RM27.3b

RM19.2b

RM24.3b

RM65.8b

RM43.5b

RM35.4b

RM226.8b

RM94.1b

RM102.3b

RM5.1bRM65.8b

RM54.7b

RM152.9b

RM5.1b

RM30.4b

*

Note : * Includes WP Putrajaya

Note : * Includes WP Putrajaya

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MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

9.11.7

0.3

3.0 3.7

1.0

60.9

0.2 2.5 3.9

13.10.2

9.6

2.1

1.1 2.3

3.0

3.3

5.3

4.4

0.6

31.7

2.9 6.6 8.1

18.7

0.3

4.1

0.1 0.40.3

15.7 25.2

9.0

15.1

5.35.4

3.1

4.1 12.1

1.5

10.4

1.44.7

3.2

19.214.3

0.2

9.2

12.2

4.1

0.5

5.3

6.9

4.2

12.6

3.9

0.2

28.5

4.3

2.512.5

1.80.4

23.0

8.23.4 2.3 2.6

3.0 3.96.1 6.1

0.6 25.0 2.65.1 6.2

24.60.6

53.5

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Import Duties Construction Mining andQuarrying

Agriculture Manufacturing Services

Percentage Share of Economic Activity by State, 2014

Percentage Share by Major State, 2014

Services

Manufacturing

Agriculture

2013 2014

MALAYSIA 33,721 36,165

WPKL* 82,262 91,097

Labuan 53,610 56,062

Sarawak 41,792 44,437

Penang 38,472 42,186

Selangor 38,082 40,701

Melaka 35,727 38,766

Negeri Sembilan 34,092 35,969

Pahang 27,912 29,575

Johor 26,317 28,466

Terengganu 24,488 26,573

Perak 22,438 24,207

Sabah 18,647 19,672

Perlis 20,136 21,084

Kedah 16,629 17,321

Kelantan 11,265 11,815

GDP Per Capita by State, 2013-2014(at current price - RM)

Source : Department of Statistics, MalaysiaNote : * Includes WP Putrajaya

Note : * Includes WP Putrajaya

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MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

Source : Department of Statistics, Malaysia

Labour Market, August 2015July

2015August2015

Growth(m-o-m)

August2014

Growth(y-o-y)

14.2million

6.8million

67.5%

3.2%

Labour Force1

Outside Labour Force2

Labour ForceParticipation Rate3

Unemployment Rate4

14.3million

6.8million

67.8%

3.2%

0.7%

0.5%

0.3%

-

13.9million

6.8million

67.1%

2.7%

2.8%

0.5%

0.7%

0.5%

Trends on Labour Market, January 2014 - August 2015

13,5

29.9

13,4

40.9

13,4

27.8

13,5

03.1

13,6

46.3

13,6

24.3

13,5

88.8

13,5

46.5

13,7

26.5

13,7

02.6

13,7

07.8

13,7

48.4

13,6

01.6 13

,664

.3

13,7

60.9

13,7

67.8

13,7

63.2

13,8

37.6

13,7

65.9

13,8

65.2

13,200

13,300

13,400

13,500

13,600

13,700

13,800

13,900

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

2014 2015

Persons ('000) Employed

457.

7

446.

4

415.

7

407.

2

406.

5

385.

8

394.

1

379.

7

377.

2

378.

2

375.

1

432.

1

442.

0

454.

9

430.

8

429.

0

438.

0

449.

9

459.

9

453.

6

0

50

100

150

200

250

300

350

400

450

500

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

2014 2015

Persons ('000) Unemployed

67.8

67.4

66.9

67.3

67.9

67.5

67.4

67.1

67.9

67.4

67.5

67.9

67.2

67.4

67.7

67.6

67.5

67.8

67.5

67.8

66.8

67.0

67.2

67.4

67.6

67.8

68.0

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

2014 2015

% Labour Force Participation Rate

3.3

3.2

3.0

2.92.9

2.82.8

2.7

2.7

2.72.7

3.0

3.1

3.2

3.03.0

3.13.1

3.23.2

2.5

2.6

2.7

2.8

2.9

3.0

3.1

3.2

3.3

3.4

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

2014 2015

% Unemployment rate

Note : 1. Labour force refers to those who, during the reference week are in the 15 to 64 years (in completed years at last birthday) and who are either

employed or unemployed;2. Consists of housewives, students (including those going for further studies), retired, disabled persons and those not interested in looking for a job3. Ratio of the labour force to the working age population (15 to 64 years), expressed as percentage;4. Proportion of unemployed population to the total population in labour force. This rate measures the percentage of unemployed population in the

labour force

Page 6: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

Performance of SMEs in Malaysia, 2010 - 2014

SME Contribution to GDP SME GDP Growth2010 (%

share)

2014(%

share)

Increase / decrease in share

CAGR1

2011 – 2014

Overall2 32.2 35.9 +3.7 8.3Construction 0.9 2.0 +1.1 28.9Services 19.6 21.1 +1.5 7.3Mining & Quarrying 0.0 0.1 +0.1 39.3Agriculture 4.3 4.5 +0.2 6.7Manufacturing 7.2 7.8 +0.6 7.51 CAGR refers to compounded annual growth rate2 Total value-added after taking into account import duties Source: Department of Statistics, Malaysia

SME GDP and Overall GDP Growth (constant 2010 prices)

e: estimate, p: preliminary1/ Growth based on 2014 New SME Definition versus 2013 Old SME Definition 2/ Growth based on 2014 New SME Definition versus 2013 New SME Definition Source: Department of Statistics, Malaysia and SME Corp. Malaysia

SME Contribution to GDP SME GDP Growth2010 (%

share)

2014(%

share)

Increase / decrease in share

CAGR1

2011 – 2014

Overall2 32.2 35.9 +3.7 8.3Construction 0.9 2.0 +1.1 28.9Services 19.6 21.1 +1.5 7.3Mining & Quarrying 0.0 0.1 +0.1 39.3Agriculture 4.3 4.5 +0.2 6.7Manufacturing 7.2 7.8 +0.6 7.5

SME and Overall GDP Growth by Key Economic Activity in 2014 (constant 2010 prices)

2014 SME GDP Growth

(2014 New SME Definition vs 2013

New SME Definition)

2014 SME GDP Growth(2014

New SME Definition vs 2013 Old SME

Definition)

Overall GDP

growth

Growth (y-o-y change, %)Mining & Quarrying 9.6 182.6 3.3Construction 12.8 98.7 11.8Agriculture 2.7 17.2 2.1Manufacturing 8.6 10.9 6.2Services 8.3 8.7 6.5Total 7.9 13.6 6.0

Source: Department of Statistics, Malaysia and SME Corp. Malaysia

SME and Overall GDP share by Key Economic Activity in 2014 (constant 2010 prices)

Year 2014(percentage share to

total, %)SME GDP Total GDP

Services 58.6 53.5Manufacturing 21.7 23.0Agriculture 12.4 9.2Construction 5.7 4.3Mining & Quarrying 0.4 9.0Plus: import duties 1.1 1.1Total 100 100

Page 7: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

p: preliminarySource: Department of Statistics, Malaysia

Components of Value-added of SMEs in the Services Sector (%)

SME Value-added Growth of Sub-sectors in the Services Sector

SME Value-added Growth of Sub-sectors in the Manufacturing Sector

Components of Value-added of SMEs in the Manufacturing Sector (%)

SME Value-added Growth of Sub-sectors in the Agriculture Sector

Components of Value-added of SMEs in the Agriculture Sector (%)

Page 8: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

SME Value-added Growth in the Construction and Mining & Quarrying Sector

Components of Value-added of SMEs in the Construction Sector (%)

Employment by Firm Size (2010 - 2014)

Employment Growth Performance by Firm Size, % (2010 - 2014)

Components of Value-added of SMEs in the Mining & Quarrying Sector (%)

Source: Department of Statistics, Malaysia

Page 9: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

Employment Share of SMEs to Total Employment (%)

Real GDP, 2010 - 2014

Employment and Productivity of SMEs: 2010 - 2014

Productivity Growth by Firm Size, % (2010 - 2014)

Source: Department of Statistics, Malaysia

Page 10: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

MITI’s ASEAN Portal can be accessed via http://aec2015.miti.gov.my/

and You’‘Ease of Doing Business

2016

http://www.doingbusiness.org/rankings

ASEANRanking

WorldRanking

1

2

3

4

5

6

7

8

9

10 167

127

109

103

90

84

49

18

1

134

Singapore

Malaysia

Thailand

Brunei

Viet Nam

Philippines

Indonesia

Cambodia

Lao PDR

Myanmar

Page 11: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

International Repor tJapan’s Monthly Trade, Januar y 2014 - August 2015

Source: World Trade Atlas

50.6 56

.8 62.4

59.2

55.1 58.2 60.9

55.4 59

.4 61.9

53.2 57

.8

52.0

50.0 57

.5

54.8

47.5 52

.6 54.0

47.8

77.6

64.7

76.5

67.3

64.1 66

.4 70.4

64.7 68

.4 68.8

60.9 63

.3

61.9

53.6

55.7

55.3

49.3 53

.2 56.2

52.4

0

20

40

60

80

100

120

140

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

2014 2015

US$ billion

Imports

Exports

Expor ts and Impor ts

(26.9)

(7.9)

(14.2)

(8.1)

(9.0)(8.2)

(9.5) (9.3) (9.0)

(6.9)(7.7)

(5.6)

(9.9)

(3.6)

1.8

(0.5)(1.8)

(0.6)(2.2)

(4.6)

(30.0)

(25.0)

(20.0)

(15.0)

(10.0)

(5.0)

0.0

5.0

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

2014 2015

US$ billion Trade Balance

Top Three Expor t Destinations Top Three Impor t SourcesJanuar y - August 2015

12311

USAChinaROK

Malaysia

1238

ChinaUSA

AustraliaMalaysia

Page 12: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

US Economic Indicators, Januar y - September 2015

Source : Bureau of Economic Analysis

-0.09-0.03 -0.07

-0.20

-0.04

0.120.17

0.20

-0.04

-0.25-0.20-0.15-0.10-0.050.000.050.100.150.200.25

Jan Feb Mar Apr May Jun Jul Aug Sep

Perc

ent

Inflation Rate

5.7

5.5 5.55.4

5.5

5.3 5.3

5.1 5.1

4.84.95.05.15.25.35.45.55.65.75.8

Jan Feb Mar Apr May Jun Jul Aug Sep

Perc

ent

Unemployment Rate23

3.7

234.

7

236.

1

236.

6

237.

8

238.

6

238.

7

238.

3

238.

0

231232233234235236237238239240

Jan Feb Mar Apr May Jun Jul Aug Sep

Inde

x

Consumer Price Index

China GDP Purchasing Power Parit y (PPP) and GDP Per Capita Growth, 1981 - 2014

0%

3%

6%

9%

12%

15%

$0

$2,000

$4,000

$6,000

$8,000

$10,000

$12,000

$14,000

1981 1984 1987 1990 1993 1996 1999 2002 2005 2008 2011 2014

Per

cent

PP

P, $

US

D

GDP Per Capita (PPP) GDP Growth per capita

C h i n a h a s r e a c h e d m i d - i n c o m e l e v e l s t a t u s a f t e r 3 0 y e a r s o f r a p i d g r o w t h

Source : http://knoema.com/

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MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

Trans-Pacific Partnership Agreement TPPA

Slides on TPPA Briefing is available in MITI’s website as follows: http://fta.miti.gov.my/miti-fta/resources/TPP_Town_Hall_27_Oct_2015.pdf

Other relevant information related with TPP information is available at the following link:

http://fta.miti.gov.my/index.php/pages/view/231

Need more information???

Page 14: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

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)

6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 OctAANZFTA 78 82 70 124 109 88 197 106AIFTA 188 156 522 153 252 182 147 124AJCEP 91 110 67 89 122 102 46 65

0

100

200

300

400

500

600

RM

mill

ion

6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 OctATIGA 754 681 766 659 944 849 1,660 805ACFTA 435 902 341 480 901 645 602 878AKFTA 172 851 123 271 150 659 108 1,065

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

RM

mill

ion

6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 OctMICECA 47.81 35.16 38.17 50.45 55.99 44.26 38.35 45.15MNZFTA 0.01 0.45 0.07 0.42 0.09 0.10 0.06 0.66MCFTA 43.73 55.92 6.16 20.31 11.12 30.17 9.81 44.95MAFTA 30.60 30.81 32.08 35.02 40.40 44.61 35.02 55.22

0

10

20

30

40

50

60

RM m

illio

n

6 Sep 2015 13 Sep 2015 20 Sep 2015 27 Sep 2015 4 Oct 2015 11 Oct 2015 18 Oct 2015 25 Oct 2015AANZFTA 727 868 674 1,017 1,026 875 815 1,003

AIFTA 577 614 574 597 776 643 569 546

AJCEP 195 236 167 197 241 250 122 194

ATIGA 4,506 4,346 3,955 4,037 4,837 4,481 3,871 4,774

ACFTA 1,242 1,307 1,021 1,035 1,582 1,552 1,276 1,479

AKFTA 755 825 609 755 778 837 576 1,001

MICECA 239 250 274 302 311 338 235 309

MNZFTA 2 21 2 7 6 10 2 7

MCFTA 65 77 42 57 77 71 58 82

MAFTA 318 414 368 390 417 481 421 560

MJEPA 771 732 754 824 927 679 799 871

MPCEPA 109 155 115 130 153 113 150 172

GSP 144 123 122 159 176 103 127 146

MTFTA 152 321 141 172 202 217 125 209

6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 OctMJEPA 113 131 165 157 154 112 117 177MPCEPA 11 53 59 16 20 12 24 37GSP 32 23 48 39 32 44 24 30MTFTA 112 144 55 62 72 147 42 99

0

20

40

60

80

100

120

140

160

180

200

RM m

illio

n

Value of Preferential Certificates of Origin

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

Notes: The preference giving countries under the GSP scheme are Cambodia, the Russian Federation, Japan, Switzerland, Kazakhstan and Norway.

Page 15: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

Malaysian Ringgit Exchange Rate with Australian Dollar and Hong Kong Dollar

Source : Bank Negara, Malaysia

3.80

4.00

4.20

4.40

4.60

4.80

5.00

3.00

3.20

3.40

3.60

3.80

4.00

4.20

4.40

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

2014 2015

USD = RM EUR = RM

1 EUR = RM 4.79

1 USD = RM 4.27

16.0

15.6

13.0

13.5

14.0

14.5

15.0

15.5

16.0

16.5

26 Ju

n3

Jul

10 Ju

l16

Jul

24 Ju

l31

Jul

7 Au

g14

Aug

21 A

ug28

Aug

4 Se

p11

Sep

18 S

ep25

Sep

2 Oc

t9

Oct

16 O

ct23

Oct

30 O

ct

US$/Oz Silver

1,084.5

992.0

900.0

920.0

940.0

960.0

980.0

1,000.0

1,020.0

1,040.0

1,060.0

1,080.0

1,100.0

26 Ju

n3

Jul

10 Ju

l16

Jul

24 Ju

l31

Jul

7 Au

g14

Aug

21 A

ug28

Aug

4 Se

p11

Sep

18 S

ep25

Sep

2 Oc

t9

Oct

16 O

ct23

Oct

30 O

ct

US$/Oz Platinum

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

http://online.wsj.com/mdc/public/page/2_3023-cashprices.html?mod=topnav_2_3023

Gold Prices, 26 June - 30 October 2015

Silver and Platinum Prices, 26 June - 30 October 2015

37.6

36.7

34.0

34.5

35.0

35.5

36.0

36.5

37.0

37.5

38.0

38.5

26 Ju

n

3 Ju

l

10 Ju

l

16 Ju

l

24 Ju

l

31 Ju

l

7 Au

g

14 A

ug

21 A

ug

28 A

ug

4 Se

p

11 S

ep

18 S

ep

25 S

ep

2 Oc

t

9 Oc

t

16 O

ct

23 O

ct

30 O

ct

US$/Gram Gold

Page 16: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

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)30 Oct 2015

(US$) 46.6 566.5 295.0 1,231.5 2,064.3 46.4 195 (high)175 (low)

% change* 4.5 2.3 3.3 2.5 0.9 0.4 7.110.3

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

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 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 (30 Oct 2015)

US$46.6 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 (30 Oct 2015)

US$566.5 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)

RM1,500 - RM1,600

Average Domestic Prices, 30 Oct 2015

Billets(per MT)

RM1,250 - RM1,350

Page 17: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

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

577.5

551.0

512.5

500.5503.5

529.5

522.0

553.5

584.0586.0

580.0

566.5

480

500

520

540

560

580

600

14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct

US$

/mt

Crude Palm Oil

2,058.0

2,094.5

2,115.5

2,047.32,033.5

2,021.6

2,044.3

2,009.8

1,910.4

2,034.5

2,030.2

2,084.1

2,064.3

1,800

1,850

1,900

1,950

2,000

2,050

2,100

2,150

7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct

US$

/mt

Cocoa

228.5 228.0

240.0245.3

249.0254.0

245.8

274.8

292.3298.0

305.0

295.0

200

220

240

260

280

300

320

14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct

US$

/mt

Raw Sugar

1,341.5

1,302.5

1,285.0

1,216.5

1,281.5

1,250.5

1,262.5

1,243.5

1,279.5 1,280.5

1,262.5

1,231.5

1,140

1,160

1,180

1,200

1,220

1,240

1,260

1,280

1,300

1,320

1,340

1,360

14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct

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

6,940

7,029

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

Oct

2014 2015

USD

/ to

nne

Black Pepper

* until 30 October 2015

43.9

42.5

40.5

45.246.1

44.6 44.7

45.7 45.5

49.6

47.3

44.6

46.6

48.649.0

45.5

50.149.6

48.147.5

48.648.1

52.7

50.5

48.0

49.6

35

37

39

41

43

45

47

49

51

53

55

7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct

US$

/bbl

Crude Petroleum

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

Page 18: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

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

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

1,590

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 Sep

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 9,938

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 Sep

2014 2015

US$

/ to

nne

Nickel

280.0 280.0 280.0

270.0

260.0

250.0 250.0

240.0

230.0 230.0

210.0

195.0

260.0 260.0 260.0

250.0

230.0 230.0 230.0

220.0

210.0 210.0

195.0

175.0

160

180

200

220

240

260

280

300

29 May 5 Jun 19 Jun 3 Jul 24 Jul 7 Aug 14 Aug 28 Aug 11 Sep 25 Sep 9 Oct 30 Oct

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 5,217

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 Sep

2014 2015

US$

/ to

nne

Copper

47.3 47.3

47.2

47.3 47.3

46.9 46.9

46.6

46.446.4

46.2

46.4

45.6

45.8

46.0

46.2

46.4

46.6

46.8

47.0

47.2

47.4

47.6

14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct

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 57.0

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 Sep

2014 2015

US$/

dmtu

Iron Ore

Page 19: MITI in the News World Bank Ranks Malaysia 18th in the ... Weekly Bulletin/MITI_Weekly... · MT eekly ulletin “DRIING Transformation, POWERING Growth Performance of SMEs in Malaysia,

MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

Duta Klasik is in the business of providing support services for the oil & gas industry specializing in Positive Pressure Welding Enclosure (PPWE) and Hydrogen-Sulphide (H2S) safety services, well-heads and others related services.

CORE BUSINESS:• Rental of equipment and manpower services for Positive Pressure Welding Enclosure

(PPWE) @ Habitat • Rental of equipment, manpower, safety training, for Hydrogen-Sulphide (H2S) safety

services• Complete range of professional Industrial Hygiene (IH) consultancy services complying

with the requirement of the law and regulations.• Well-heads, X-mas trees and other oilfield equipment products• Tender assist drilling, jack-up rigs and other drillings and offshore services• Distributor for Afton Chemicals for retail fuels additive

ACCREDITATION AND CERTIFICATION:• ISO 9001:2008• ISO 14001:2004

KEY CLIENTS & PROJECTS:Country Client(s) Project Name and Summary of Work ScopeMalaysia Carigali-Hess Booster Compressor BrownMalaysia Petra Resources SemarangMalaysia Sapura Kencana Bekok CMalaysia Shapadu Energy Dulang – In-fill drillingMalaysia Talisman Energy SKO/ SBO / PMO maintenance

No. 20A, Jalan Anggerik Vanilla S 31/S,Kota Kemuning Seksyen 31,

40460 Shah Alam, Selangor, MalaysiaTel: 603 5121 6685Fax: 603 5121 6702

Email: [email protected]: www.dutaklasik.com.my

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MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

MITI ProgrammeLaunch of OIC-Asia Trade & Economic Forum 2015 in Conjuction with the 6th Muslim World Biz,

29 October 2015

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MITI Weekly Bulletin / www.miti.gov.my

“DRIVING Transformation, POWERING Growth”

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