miti weekly bulletin 318
DESCRIPTION
MITI Weekly Bulletin Volume 318TRANSCRIPT
No. ISSN: 2180-0448“D
RIV
ING
Transform
ation, PO
WER
ING
Grow
th”
MITI Weekly Bulletin / www.miti.gov.my
MITI in the newsIn early 2006, the ASEAN senior economic officials were given this challenge by their Ministers: craft the economic future of the grouping; an economic community not by 2020, as stipulated in ASEAN Vision 2020, but in 2015. Thus began the work towards an economically integrated ASEAN. Translation: the free movement of goods and services; and freer movement of capital and talents among the 10 member states. In 2006, when the proposal to push for the realization of the AEC in 2015 was mooted, it made economic sense.
ASEAN moviNg oN with EcoNomic iNtEgrAtioN
We had just come out of a major economic crisis, and initiatives towards the ASEAN Free Trade Area were well on the way. We were looking forward to the next steps towards deeper economic integration. So we drew up the AEC Blueprint as the guiding framework. And the AEC Scorecard to ensure that we did what we said we were going to do. And in all fairness we have worked tirelessly to ensure that implementation was on track.
But as 2015 dawns on us, we are confronted with questions about the very essence of the AEC. Economic pressures brought on by global economic uncertainties are putting a strain on efforts towards regional economic integration. Member states appear to be buckling under the pressures of protectionism. But short-term relief will not augur well for the long-term benefits of the region.
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Then there are the skeptics and nay-sayers. Given the range in economic development, diverse political and economic systems and cultural differences, can ASEAN be molded into a community? More disturbing are questions such as “Are we ready?” “Are our SMEs ready?” or fear-mongering questions such as “Will we see an influx of labour in our shores come 2015?” Rodolfo Severino JR, the former ASEAN Sec-Gen is quoted as saying. “The main challenge is this first, the lack of awareness of the benefits, particularly of the benefits of regional integration.” Our critics have been relentless. OK perhaps this reflects our failure to communicate our achievements, our plans. Note to self: step up public engagement!
So what have we to show for ASEAN economic integration? The ASEAN Free Trade Agreement, AFTA, is in full implementation, and has been in full implementation since 1 January 2010. Member states are on track with the liberalization of the services sectors. Our investment agreement is in place. We now have an agreement to facilitate the freer movement of skills among member states.
To be sure ASEAN was pragmatic in its approach to economic integration. Right at the outset, it was clear that the grouping was not looking to be a Customs union. That would evolve with time. Because of the differing economic and political systems, as well as differing levels economic development, the grouping adopted an open regionalism approach. This would mean that regional economic integration would not be a drag on the growth plans of the member states. Rather we took the “rising tide” stance; a “prosper thy neighbour” attitude as we addressed the development gaps among member states. This approach has panned out successfully for the grouping. It has contributed positively to the region’s economic growth and industrial development. Greater economic integration is also evidenced in the involvement of our companies in the global and regional supply and value chains. There are more than 600 Malaysian companies operating in ASEAN, capitalising on the robust growth of the region. Likewise, Malaysia is also host to a number of companies from the region.
We have done much to harmonise our ‘at-the-border’ trade facilitation. The ASEAN Single Window (a system of speeding up cargo clearance) is progressing. The pilot initiative for self-certification (a system where exporters take responsibility for certifying Customs documentation instead of going through Governments) is also looking promising.
Intra-regional trade continues to grow and now amounts to just over 24 per cent of the groupings’ global trade of US$2.5 trillion. ASEAN’s share of global FDI is also up, increasing from 15.1 per cent in 2010 to 17.4 per cent in 2013 to total US$122.4 billion. And ASEAN has been growing over 5 per cent per annum in recent years.
We have done a lot to break down trade and investment barriers among the 10 member states. But there is much for us to do. Our “to do” list includes work on financial integration
MITI Weekly Bulletin | www.miti.gov.myMITI Weekly Bulletin | www.miti.gov.my
and inclusion; confronting and removing non-tariff barriers; improving connectivity and regulatory coherence; strengthening key institutions to ensure good governance and inclusive and sustainable economic development; legal harmonization; and improvements in tax-related matters.
We will work to ensure we get to our goals. We must march on for the greater good. For us, 2015 is not just another milestone in our economic integration journey but also a very significant one.
Source: MITI, 2 December 2014
Source: BERNAMA, 12 December 2014
Government Imposes Provisional Safeguard Duty On HRP Imports
The government has decided to impose a provisional safeguard duty of 23.93 per cent ad-valorem on imports of hot-rolled steel plate (HRP) with effect from Sunday for a period of 200 days.
The Ministry of International Trade and Industry (MITI), in a statement Friday, said the provisional safeguard duty was to reduce the effects of serious injury to the domestic industry caused by the surge in HRP imports.
“The final determination under section 23 of the Safeguards Act 2006 will be made within 200 days from the application of the provisional safeguard measure,” it added.
On Aug 18, the government initiated a safeguard investigation based on a petition filed by Ji Kang Dimensi Sdn Bhd on behalf of domestic HRP producers.
The petitioner alleged that increased HRP imports from 2011 to 2013 had caused serious injury to the domestic industry.
The government’s preliminary investigation under section 20 of the Safeguards Act 2006 found that there was sufficient evidence to continue with investigations on the imports of HRP, said MITI.
Interested parties can have access to the public report on the preliminary determination by submitting a written request to the ministry.
MITI Weekly Bulletin / www.miti.gov.my
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MALAYSIAMonthly Manufacturing Indicators, Jan - Oct 2014
Sales Value & Salary Paid in Manufacturing, Oct 2013 - Oct 2014
Employment & Average Salary in Manufacturing, Oct 2013 - Oct 2014
2,500
2,600
2,700
2,800
2,900
3,000
3,100
51.051.552.052.553.053.554.054.555.055.556.056.5
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2013 2014
RM m
illio
n
RM b
illio
n
Sales Value Salaries & Wages Paid
2,400
2,500
2,600
2,700
2,800
2,900
3,000
1,000
1,005
1,010
1,015
1,020
1,025
1,030
1,035
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2013 2014
RM
Pers
on (
'000
)
Number of employess Average Salary per Employee
Source: Department of Statistics, Malaysia
Source: Department of Statistics, Malaysia
Jan - Oct 2013 Jan - Oct 2014 % Change
Sales Value (RM million) 512,533.80 545,786.60 6.5
Number of Employees 1,013,970 1,028,325 1.4
Salaries & Wages (RM million) 26,747.40 28,446.60 6.4
Productivity (RM) 505,472 530,753 5.0
Source: Department of Statistics,
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
Productivity Growth by Selected Sub-sectors, Oct 2013 - Oct 2014
Source: Department of Statistics, Malaysia
3.1%
-4.6%
-10.0%
-5.0%
0.0%
5.0%
10.0%
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2013 2014
Manufacture of refined petroleum products
-5.83%
-2.56%
-20.00%
-15.00%
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2013 2014
Manufacture of passenger cars & commercial vehicles
9.88%
1.78%
-20.00%
-15.00%
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
20.00%
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2013 2014
Manufacture of cocoa products
-79.87%
10.21%
-100.00%
-80.00%
-60.00%
-40.00%
-20.00%
0.00%
20.00%
40.00%
60.00%
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2013 2014
Manufacture of optical instruments and equipment
4.68%4.08%
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2013 2014
Manufacture of particle board and fibreboard
2.28%
-0.82%
-25.00%
-20.00%
-15.00%
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2013 2014
Manufacture of fibre optic cables
22.74%
0.08%
-40.00%
-30.00%
-20.00%
-10.00%
0.00%
10.00%
20.00%
30.00%
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2013 2014
Manufacture of clothings
6.42%
10.02%
-15.00%
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
20.00%
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2013 2014
Manufacture of wooden and cane furniture
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
Average Salary by Selected Sub-sectors, Oct 2014
Source: Department of Statistics, Malaysia
Source: Department of Statistics, Malaysia
Source: Department of Statistics, Malaysia
Industrial Production Indices (IPI), Oct 2013 - Oct 2014
Producer Price Indices (PPI), Oct 2013 - Oct 2014
105
125
145
165
185
205
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2013 2014
PPI
Agriculture
Fishing
Mining
Manufacturing
Electricity, gas andwater supply
2005 = 100
80
90
100
110
120
130
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2013 2014
IPI
Mining
Manufacturing
Electricity
2010 = 100
12,996.9
3,703.0
3,472.1
2,865.5
2,832.3
2,163.3
1,508.5
1,498.3
0 2,000 4,000 6,000 8,000 10,000 12,000 14,000
Manufacture of refined petroleum products
Manufacture of passenger cars & commercial vehicles
Manufacture of cocoa products
Manufacture of optical instruments and equipment
Manufacture of particle board and fibreboard
Manufacture of fibre optic cables
Manufacture of clothings
Manufacture of wooden and cane furniture
RM
RESEARCH SCIENTISTS AREA OF EXPERTISE UNIVERSITIESDr Tee Soo Hwang Breast Cancer Cancer Research Initiatives FoundationProf Dr Ishwar Sing Parhar Neuroscience Monash University MalaysiaProf Ir Dr Sim Kok Swee Biomedical Engineering Multimedia UniversityProfessor Dr Abdul Kariem Mohd Arof Solid Polymer Electrolytes UMProfessor Dr Abdul Aziz Abdul Raman Environmental Research UMProf Dr Wan Ahmad Tajuddin Wan Abdullah High Energy Particle Physics, Computational Physics,
Complex Systems and Artificial Intelligence UMProf Dr Sharifah Bee O. A. Abd Hamid Catalysis and Nanomaterial UMProf Dr Shamala Devi Sekaran Immunology UMProf Dr S. Vikineswary Sabaratnam Mycology UMProf Dr Rosnah Mohd Zain Oral Pathology, Oral Medicine and Oral Cancer UMProf Dr Rauzah Hashim Computational Science and Liquid Crystals UMProf Dr Ramesh T. Subramaniam Polymer and Polymer Electrolytes UMProf Dr Noorsaadah A. Rahman Organic Synthesis and Drug Discovery UMProf Dr Nasrudin Abd Rahim Power Electronics, Realtime Control Systems, Electrical UMProf Dr Masjuki Hassan Corrosion Science and Engineering UMProf Dr Kwai-Lin Thong Foodborne and Nosocomial Bacterial Pathogens UMProf Dr Khalijah Awang Natural Products and Medicinal Chemistry UMProf Dr Jamunarani S. Vadivelu Bacteriology UMProf Dr Adeeba Kamarulzaman HIV and Its Drug Use UMProf Dr Uda Hashim Microelectronics and Nanoelectronics Engineering UniMAPProf Dr Syed Alwee Aljunid Syed Junid Optical Code Division Multiple Access (OCDMA)
Technologies, Optical Fibre Communication and Optical Fibre Sensor UniMAP
Brig-Gen Datuk Prof Dr Kamarudin Ibrahim Transition Metal Chemistry UniMAPAssoc Prof Dr Che Mohd Ruzaidi Ghazali Polymer and Composite Properties and Processing UniMAPProf Ir Dr Mohd Zainal Abidin Ab Kadir High Voltage Engineering, Electromagnetic, UPMProf Dr Jinap Selamat Chemical Food Contaminants UPMProf Dr Abdul Rahman Omar Animal Pathogens UPMProf Dr Mariatti Jaafar @ Mustapha New Innovative Composites Materials USMProf Dr Hazizan Md Akil Polymer Composites Impact Mechanics and Sandwich USMProf Dr Ahmad Zuhairi Abdullah Waste Treatment, Oleochemical Conversions, Green
Technology and Production of Renewable Energy Sources USM
Prof Datuk Dr Abdul Khalil Shawkataly Biomass and Biocomposites Science and Technology USMProf Dr Goi Bok Min Cryptography UtarProf Dr Mohammad Nazri Mohd Ja'afar Gas Turbine Combustion UTMProf Dr Abdul Halim Mohamed Yatim Transportation Sector for High Efficiency and Low UTMAssoc Prof Dr Abdul Manaf Hashim Carbon Based Nanomaterials UTM
MITI Weekly Bulletin | www.miti.gov.my
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin | www.miti.gov.my
Kuala Lumpur has been voted one of the seven most magnificent and incredible cities in the World. The other six were La Paz (Bo-livia), Havana (Cuba), Beirut (Lebanon), Doha (Qatar), Vigan (Philippines), and Durban (South Africa).
From a long list of 1200 nominees from 220 countries the list was narrowed down to 28 through qualification and selection process.
Top 28 cities went through three phases of worldwide vote until seven cities were cho-sen. The seven cities were chosen based on voting from people using the Internet, smart-phone apps, international telephone voting lines and text messaging. Announcing the results at the New7Wonders voting center in Dubai, Bernard Weber, Founder-President of New7Wonders stated, “We congratulate each of these cities on achieving their New-7Wonders status, and we look forward to celebrating their election to the canon of 7 with their citizens in 2015.”
Launched two years ago, New7Won-ders Cities is the third global vote and follows the New7Wonders of the World and New7Wonders of Nature campaigns.
Established in 2001, the foundation seeks to contribute to the protection of the world's human-built and natu-ral heritage and cultivate respect for the planet's diversity.
Kuala Lumpur City Beirut, Lebanon Bolivia HIGHEST urban cable car
Doha, Qatar Durban, South Africa Havana, Cuba Vigan, Philippines
New seven wonders of the world revealed.
Kuala Lumpur Voted as One of Seven Magnificent Cities in the World
Source : BERNAMA
MITI Weekly Bulletin / www.miti.gov.my
Source: Ministry of International Trade and Industry, Malaysia
Number and Value of Preferential Certificates of Origin (PCOs)
Number of Certificates
Value of Preferential Certificates of Origin
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)
Value of Preferential Certificates of Origin
Number of Certificates
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)
Number of Certificates
Notes: The preference giving countries under the GSP scheme are Japan, Switzerland, the Russian Federation, Norway, Cambodia and Kazakhstan.
MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008)
Value of Preferential Certificates of Origin
Value of Preferential Certificates of Origin
MAFTA: Malaysia-Australia Free Trade Agreement (Implemented since 1 January 2013)
MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006)
AANZFTA AIFTA AJCEP ATIGA ACFTA AKFTA
19 Oct 2014 1,025 544 220 4,993 1,770 787
26 Oct 2014 736 389 181 3,970 1,219 575
2 Nov 2014 1,095 531 235 4,622 1,470 776
9 Nov 2014 832 491 291 4,800 1,407 799
16 Nov 2014 926 591 235 4,718 1,479 781
23 Nov 2014 966 503 206 4,899 1,514 930
30 Nov 2014 915 513 138 4,138 1,477 640
7 Dec 2014 919 601 755 4,749 1,664 741
MICECA MNZFTA MCFTA MAFTA
19 Oct 2014 322 4 127 63926 Oct 2014 250 20 42 1402 Nov 2014 303 0 58 5079 Nov 2014 342 5 48 446
16 Nov 2014 329 23 82 42423 Nov 2014 316 0 80 48930 Nov 2014 253 9 59 4097 Dec 2014 274 6 89 336
MJEPA MPCEPA GSP
19 Oct 2014 865 130 16926 Oct 2014 571 125 612 Nov 2014 1,054 161 1649 Nov 2014 770 174 171
16 Nov 2014 906 173 16023 Nov 2014 926 106 10030 Nov 2014 790 157 1587 Dec 2014 967 143 122
19 Oct 26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 DecAANZFTA 91 60 96 74 91 95 81 82AIFTA 91 80 84 80 93 82 112 150AJCEP 67 63 91 126 72 91 41 100
0
20
40
60
80
100
120
140
160
RM m
illio
n
19 Oct 26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 DecATIGA 697 662 645 862 687 2,630 698 755ACFTA 570 604 834 449 550 621 648 927AKFTA 917 90 712 881 211 192 929 875
0
500
1,000
1,500
2,000
2,500
3,000
RM m
iliio
n
19 Oct 26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 DecMICECA 46.42 46.44 39.98 37.69 55.46 38.94 38.97 37.51MNZFTA 0.21 0.51 0.00 0.21 0.48 0.00 0.22 0.40MCFTA 18.94 10.46 12.94 8.69 11.71 9.44 9.84 37.71MAFTA 52.21 12.67 38.90 84.91 32.38 78.68 58.87 29.20
0
10
20
30
40
50
60
70
80
90
RM
mill
ion
19 Oct 26 Oct 2 Nov 9 Nov 16 Nov 23 Nov 30 Nov 7 DecMJEPA 154 91 182 133 287 155 274 159MPCEPA 15 44 25 63 81 12 18 13GSP 19 10 21 36 1,003 14 19 14
-200
0
200
400
600
800
1,000
1,200
RM m
illio
n
2.30
2.35
2.40
2.45
2.50
2.55
2.60
2.65
4.00
4.20
4.40
4.60
4.80
5.00
5.20
5.40
5.60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
2013 2014
British Pound Sterling (GBP) Singapore Dollar (SGD)
1 SGD = RM 2.58
1 GBP = RM 5.28
Malaysian Ringgit Exchange Rate with US Dollar and EuroJanuary 2013 - November 2014
MITI Weekly Bulletin | www.miti.gov.my
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin | www.miti.gov.my
Source : http://www.gold.org/investments/statistics/gold_price_chart/
Gold and Silver Prices, 6 Jun - 12 Dec 2014
Aluminium, Nickel and Copper Prices, Jan 2013 - Nov 2014
Source : http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTDECPROSPECTS
40.5739.13
35
37
39
41
43
45
13
Jun
20
Jun
27
Jun
4 J
ul
11
Jul
18
Jul
1 A
ug
8 A
ug
15
Aug
22
Aug
29
Aug
5 S
ep
12
Sep
19
Sep
26
Sep
3 O
ct
10
Oct
17
Oct
24
Oct
31
Oct
7 N
ov
14
Nov
21
Nov
28
Nov
5 D
ec
12
Dec
gold/usd/gramme
19.56
17.04
14
16
18
20
22
24
13
Jun
20
Jun
27
Jun
4 J
ul
11
Jul
18
Jul
1 A
ug
8 A
ug
15
Aug
22
Aug
29
Aug
5 S
ept
12
Sept
19
Sept
26
Sept
3 O
ct
10
Oct
17
Oct
24
Oct
31
Oct
7 N
ov
14
Nov
21
Nov
28
Nov
5 D
ec
12
Dec
silver /usd/oz
Aluminium , 2,056
Copper; 6,713
Nickel; 15,807
-
5,000
10,000
15,000
20,000
25,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
2013 2014
US$/mt
Source : Bank Negara, Malaysia
Crude Petroleum (12 December 2014)
US$58.1 per bbl
Crude Palm Oil(12 December 2014)
US$681.5 per MT
Highest & Lowest Prices, 2013/2014
12 Dec 2014 domestic prices for :1. Billets (per MT) : RM1,650 - RM1,7002. Steel bars (per MT) : RM1,850 - RM1,950
Commodity Prices
Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group
Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated
Source :
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
CommodityCrude
Petroleum (per bbl)
Crude Palm Oil (per MT)
Raw Sugar
(per MT)
Rubber SMR 20(per MT)
Cocoa SMC 2
(per MT)
Coal(per MT)
Scrap Iron HMS
(per MT)12 Dec 2014
(US$) 58.1 681.5 319.8 1,436.5 2,218.8 52.8 320.0 (high)300.0 (low)
% change* 1.7 2.7 0.7 3.0 4.6 0.5 unchanged
2013i 88.1 - 108.6 805.5 361.6 2,390.8 1,933.1 .. 485.6
2012i 77.7 - 109.5 1,000.4 473.8 952.5 2,128.9 .. 444.7
Lowest
(US$ per bbl)Highest
(US$ per bbl)
Highest(US$ per MT)
Lowest
(US$ per MT)2014
13 Jun 2014: 107.62013
6 Sept 2013: 110.2
201412 Dec 2014: 58.1
201319 Apr 2013: 88.1
201414 Mar 2014: 982.5
201315 Nov 2013: 925.0
201412 Dec 2014: 681.5
20134 Jan 2013: 800.0
MITI Weekly Bulletin | www.miti.gov.my
“DR
IVIN
G T
ransformation, P
OW
ERIN
G G
rowth”
MITI Weekly Bulletin | www.miti.gov.my
Commodity Price Trends
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
Source :
705.0
726.0
822.0
718.5
822.0
699.0
710.5
748.0
732.0720.0
716.0
700.5
681.5
600
650
700
750
800
850
19 Sept 26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec
US$
/mt
Crude Palm Oil
1,453.0
1,422.0
1,433.5
1,470.5
1,607.5
1,602.0
1,482.0
1,556.5
1,541.0
1,525.0
1,513.0
1,481.0
1,436.5
1300
1350
1400
1450
1500
1550
1600
1650
19 Sept 26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec
US$
/mt
Rubber SMR 20
2,886.4
2,840.9
2,674.2 2,784.4 2,800.1
2,674.3
2,559.9 2,513.62,529.0
2,352
2,326.7
2,326.7
2,218.8
0
500
1000
1500
2000
2500
3000
3500
19 Sept 26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec
US$
/MT
Cocoa
339.5
336.3
345.3
348.5
341.0
333.0
328.5
324.0
332.5
337.8
314.5
322.0
319.8
300
310
320
330
340
350
360
19 Sept 26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec
US$
/MT
Raw Sugar
97.0
91.083.8 83.3
81.0
80.9
77.9
74.4
76.7
68.7
66.4
59.1
58.1
50
55
60
65
70
75
80
85
90
95
100
19 Sep 26 Sep 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec
US$
/bbl
Crude Petroleum
54.5
51.4
52.8
51.8
51.3 51.6
53.3 53.3
52.0
53.0 53.1
52.8
52.8
49
50
51
52
53
54
55
19 Sep 26 Sep 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec
US$
/mt
Coal
380.0
320.0
370.0
300.0
250
270
290
310
330
350
370
390
19 Sep 26 Sep 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec
US$
/mt
Scrap Iron
Scrap Iron/MT (High) Scrap Iron/MT(Low)
150.5
154.6
139.9
137.4
124.0
114.8
127.2
137.1
134.2
132.6
136.3
135.8
128.1
121.4
111.8
114.6
100.6
92.7
96.1
92.6
82.4
81.0
74.0
0
20
40
60
80
100
120
140
160
180
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
US$
/dm
tu
Iron Ore
Fire Fighter Industry Sdn Bhd
Fire Fighter is the industry leader in the manufacture, installation and maintenance of a full range of fire protection systems and relevant equipment. Established in 1974, the company has received various ISO certifications and gained the trust of its customers by delivering quality products and services. Fire Fighter ventured into the manufacture of portable fire extinguishers in 1996.
SME Corp. Malaysia certified the company to carry the National Mark of Malaysia Brand in 2010. Fire Fighter Industry Sdn Bhd expanded its advertising and promotional activities with the RM100,000 in incentives it received from SME Corp. Malaysia as part of the award. Backed by the national mark of quality and excellent, Fire Fighter has since entered into a partnership with Shell Malaysia Ltd. that allows customers to acquire its products Shell LPG Gas dealers. The company also participates in nationwide Shell road shows.
With SME Corp. Malaysia’s support, Fire Fighter is prepared to market its world-class products and services to a wider market. The Company has started exporting to neighboring countries such as Brunei and Indonesia and is also targeting Myanmar and other ASEAN countries.
No.1A, 10th Mile, Federal Highway, Sungai Way, 47301 Petaling Jaya, Selangor, MalaysiaHp : 0199994999 Fax : 603-78779699Email : [email protected] :www.firefighter.com.my
Lawatan Pegawai Kerajaan India ke MITI11 Disember 2014
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OW
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rowth”
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