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VOLUME 533

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRYWeekly

B U L L ET I N30 April 2019 | NO. ISSN : 2180-0448

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MITI Minister Led the Malaysia Delegation at the 25th ASEAN Economic Ministers' Retreat and Related Meeting in Thailand

22-23 April 2019

YB Datuk Darell Leiking, Minister of International Trade and Industry (MITI) led the Malaysian delegation at the 25th ASEAN Economic Ministers’ (AEM) Retreat and Related Meetings from 22 - 23April 2019 in Phuket, Thailand.

The Economic Ministers exchanged views and deliberated on the 13 economic priority deliverables under the Thailand’s Chairmanship of ASEAN 2019, operationalisation of AEC 2025 Monitoring and Evaluation (M&E) Framework, and progress updates of ASEAN external relations including work towards the conclusion of RCEP and ASEAN engagement in the WTO reforms. The Economic Ministers also considered the recommendations made by the High Level Task Force on Economic Integration (HLTF-EI) to the AEMs which include the development of the next steps for advancing ASEAN’s work on the Fourth

Industrial Revolution (4IR), the ongoing assessment of new Free Trade Agreement (FTA) issues, and the streamlining of AEC work processes. The Economic Ministers were also briefed by the ASEAN Business Advisory Council (ASEAN-BAC) on its priorities and initiatives for 2019, as well as the recommendations by the private sectors.

The Economic Ministers also signed the ASEAN Trade in Services Agreement (ATISA) and the Fourth Protocol to Amend the ASEAN Comprehensive Investment Agreement (ACIA). Both Agreements would strengthen and enhance Trade in Services and Investment respectively among Member States of ASEAN. This would further stimulate greater opportunities for economic and business development, by creating larger market and predictability of business environment in the region, in line with the AEC Blueprint 2025.

Ministry of International Trade and Industry, 23 April 2019


MITI Weekly Bulletin | www.miti.gov.my

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sePalm Oil Issues With European Union (EU)

On 12 April 2019, Malaysia has once again raised our concerns on the palm oil restriction for biofuel at the Council of Trade in Goods (CTG) Meeting of the World Trade Organisation (WTO). The European Commission has recently adopted the Delegated Act to implement the European Union Renewable Energy Directive (EU RED II) for year 2021-2030.

The adopted delegated regulation has a strict requirement against crops for feedstock biofuels which cause deforestation and greenhouse gas emissions that contribute to indirect land use change (ILUC). The crops considered as “high ILUC-risk” will be phased out by 2030.

Palm oil is categorised as “high ILUC-risk” in the Delegated Act and this is clearly a form of disguised restriction on international trade and protectionist measure against the crop.

At the CTG Meeting, important issues highlighted by Malaysia, are as follows:

• The adopted delegated regulation has significant negative implication towards oil palm industry development globally. There is a significant lack of scientific data and reliable information in the determination of high and low indirect land use change risk biofuels and bioliquids that resulted in disinformation and misleading interpretation of the production of palm oil worldwide;

• The adopted delegated regulation is equivalent to a ban of biofuels and bioliquids produced from palm oil and violates the WTO principle of non-discrimination;

• The methodology for the calculation of the share of expansion of land in the delegated regulation is not a recognised international standard;

• Scientific evidence has proven that oil palm is the most productive oil-bearing crop as compared with other annual oil crops. A single hectare of cultivated oil palm land is able to supply between five to ten times more oil compared to rapeseed and soybean respectively;

• Malaysian palm oil is produced in a sustainable manner and the oil palm industry is committed to produce palm oil in accordance with sustainable principles and criteria under the Malaysian Sustainable Palm Oil (MSPO) certification scheme. As such, Malaysia urges the EU to accept and recognise the MSPO certification scheme as

Ministry of International Trade and Industry, 24 April 2019

one of the voluntary schemes under the Directive for the certification of low indirect land use change risk biofuels and bioliquids;

• Malaysia has put in place policy framework and implementation of sustainable practices and measures to ensure the protection of the environment such as reducing greenhouse gas emission, prevention of pollution and environmental degradation, and efficient management of resources and wastes; and

• Malaysia is committed to maintain at least 50% forested area in our land as pledged in the 1992 Rio Earth Summit which was again reiterated at the United Nations Climate Change Conference and currently 55.3% of land in the country consists of forested areas.

Malaysia has raised our concern at the WTO platforms since 2018. Ministry of International Trade and Industry (MITI) together with Ministry of Primary Industries (MPI) made interventions and voiced our positions at the WTO Council and Committee Meetings such as Technical Barriers to Trade (TBT) Committee Meetings in March, June and November 2018 and March 2019; CTG in March and July 2018; and Council for Trade in Environment (CTE) in June 2018.

Malaysia’s initiatives were also being supported by other palm oil-producing countries such as Indonesia, Colombia, Guatemala, Thailand, and Costa Rica. These palm oil producing countries have also raised and shared their concerns on this discrimination proposed measure to palm oil. In addition, soybean oil producing countries such as Argentina also raised concerns due to the discrimination of these crops for biofuels.

Malaysia will continue to actively and consistently engage with other palm oil producing countries in coming up with more concerted efforts to raise our rejection before the various committees under the WTO. Multilateral pressure on the EU will be intensified as we move forward as many viewed that this latest development could be violations to the WTO rules. Malaysia will also consider the possibility to elevate this issue to the dispute settlement mechanism under the WTO.

MITI will work closely with the Ministry of Primary Industries to fully utilise and make use of the various WTO platforms in the best interest of our palm oil exporters and smallholders.

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Palm Oil Issues With European Union (EU)M

edia

Rel

ease

ANUGERAH KECEMERLANGAN INDUSTRI (AKI) 2018The Ministry of International Trade and Industry (MITI) organised the Anugerah Kecemerlangan Industri (AKI) 2018 or the Industry Excellence Award to recognize outstanding Malaysia companies which have achieved a certain level of excellence in the area of product and services.

AKI 2018 marks the 26th Anniversary of our Industry Excellence journey. The event was held on 19 April 2019 at the Grand Hyatt Hotel, Kuala Lumpur officiated by YAB Tun Mahathir Mohamed, Prime Minister of Malaysia.

The AKI was first introduced in 1991 and now uses the Business Excellence Framework (BEF) as the benchmark criteria in the evaluation selection of winners process. The BEF is an accepted framework by many international organisations as a guide to promote outstanding practices in business by incorporating elements required for world class business excellence. The AKI, through BEF, aims to encourage and showcase companies, especially domestic companies, in the manufacturing and services sector to continuously improve management systems as well as quality of products and services. For AKI 2018, a total of 84 companies participated from all over Malaysia.

The awards are broadly categorised under two main category, manufacturing and services. Additionally the AKI also offers a Most Promising Award given in recognition of companies established not more than 5 years of its development in various aspects and promise of exceptional growth in the future. Another award contended is under the Open Category for Multinational Companies from both services and manufacturing sector.

Winners of the various categories will then be in the running for the exclusive Prime Minister’s Award. The award, which is AKI’s premier award, is given in recognition of overall industry excellence.

The eight winners of AKI 2018 are as follows:

A) Manufacturing Sector Award

i. Category 1 (with sales turnover not exceeding RM50 Mil)

Ideal Healthcare Sdn Bhd – a company that specialises in manufacturing and distribution of quality medical disposable products.

ii. Category 2 (with sales turnover of RM50 Mil- RM100 Mil)

Indkom Engineering Sdn Bhd – a local company manufacturing electrical distribution equipment including developing and manufacturing switchgear as well as switchboard for local and export markets.

Ministry of International Trade and Industry19 April 2019

iii. Category 3 (with sales turnover of more than RM100 Mil)

Excelvite Sdn Bhd – a company producing palm oil derived products, specifically for nutraceutical product and mixed-carotene complex.

B) Services Sector Award

i. Category 1 (with sales turnover not exceeding RM20 Mil)

Cita Information Systems Sdn Bhd – a local company offering services in heavy and civil engineering construction.

ii. Category 2 (with sales turnover of RM20 Mil- RM50 Mil)

Amalgamated Plant Engineering Sdn Bhd – a local company involved in oil and gas mechanical and civil engineering services in the region of East Malaysia as well as Brunei.

iii. Category 4 (with sales turnover of RM50 Mil- RM100 Mil)

KPJ Ipoh Specialist Hospital – a service provider of preventive healthcare, medical diagnostic and care plan management.

C) Open Category Award

STMIcroelectronics Sdn Bhd – an MNC producing multinational electronics and semiconductor.

D) Prime Minister’s Award

KPJ Ipoh Specialist Hospital

The AKI recognition will provide Malaysian companies a competitive edge against industry peers as they thrive in local and international markets. This recognition aims to assist companies to enhance management practices as a key pillar to drive excellence in product, market, technology and business model innovation.

This platform will eventually create a conducive business environment for companies to stage stronger presence domestically and grow internationally. These efforts complement MITI’s vision to make Malaysia the preferred investment destination and among the most globally competitive trading nation.

MITI is also inviting participation for AKI 2019/2020 from interested companies soon. Updates will be posted at www.miti.gov.my/aki.

For further enquiries you may contact:

DirectorAKI and Outreach DivisionMinistry of International Trade and Industry (MITI)Level 15, Menara MITI, No. 7, Jalan Sultan Haji Ahmad Shah50480 Kuala Lumpur, MALAYSIATelephone Number: (603) 6200 2460E-mail address : [email protected]



Mal

aysi

a St

atis

tics

Consumer Price Index (CPI), March 2019

CPI increased by 0.2% in March 2019

Source: Department of Statistics, Malaysia



Consumer Price Index (CPI), March 2019 Leading Index, February 2019M

alay

sia

Stat

isti

csMalaysia's economy is expected to keep growing albeit at a slower pace in June to August 2019

Month on month percentage change by leading index components



MITI Weekly Bulletin | www.miti.gov.myMITI Weekly Bulletin | www.miti.gov.my

Med

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tern

atio

nal St

atis

tics

Chinese Taipei Economic Indicators 2017

23.6 m i l l i o n P o p u l a t i o n

0.2% annualG r o w t h r a t e

4.8% Employment in Agriculture

35.6% Employment in Industry

59.7% Employment in Services

US$572.8 billionGDP at current prices

2.9% annualG r o w t h r a t e

US$11.4b i l l i o n

F D I F l o w Outward

US$86.8 b i l l i o n

F D I Stock InwardF D I S t o c k Outward


US$52.8 b i l l i o nCommercialS e r v i c e sI m p o r t s


CommercialS e r v i c e sE x p o r t s

US$259.3 b i l l i o nMerchandiseG o o d sI m p o r t s

US$317.2b i l l i o nMerchandiseG o o d sE x p o r t s

Malaysia's Trade with Chinese Taipei 2008 - 2018


Source: www.statistics.apec.org

and YOU...

16.9

14.5

20.2

23.2

21.8

21.7

24.6

23.0

21.2

24.0 32

.5

25.1

18.5

23.8 27.1

25.2 31

.5 34.4 36.7 41

.8 54.8 63

.642.033.0

44.050.4 47.1

53.359.0 59.7 63.1

78.7

96.1

0

20

40

60

80

100

120

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

RM b

illio

n

Exports Imports Total Trade

F D I F l o w Inward

US$3.3b i l l i o n



US$572.8 billionGDP at current prices



Number and Value of Preferential Certificates of Origin (PCOs)

Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia

0

20

40

60

80

100

120

140

0

50

100

150

200

250

300

350

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Generalised System of Preferences (GSP)

Total FOB (RM mil.) Total CO

Note: The preference giving countries under the GSP scheme are Liechtenstein, the Russian Federation, Japan, Switzerland, Belarus, Kazakhstan and Norway.

0

1,000

2,000

3,000

4,000

5,000

6,000

0

5,000

10,000

15,000

20,000

25,0003

Feb

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN Trade in Goods Agreement (ATIGA)


0

500

1,000

1,500

2,000

2,500

3,000

0

200

400

600

800

1,000

1,200

1,400

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-China Free Trade Agreement (ACFTA)


0

200

400

600

800

1,000

1,200

0

200

400

600

800

1,000

1,200

1,400

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-Korea Free Trade Agreement (AKFTA)


0

50

100

150

200

250

300

350

0

20

40

60

80

100

120

140

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-Japan Comprehensive Economic Partnership (AJCEP)


0

100

200

300

400

500

600

700

800

900

1,000

0

50

100

150

200

250

300

350

400

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-India Free Trade Agreement (AIFTA)


0

200

400

600

800

1,000

1,200

1,400

0

50

100

150

200

250

300

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)




Number and Value of Preferential Certificates of Origin (PCOs)

Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia

0

200

400

600

800

1,000

1,200

0

100

200

300

400

500

600

700

800

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Japan Economic Partnership Agreement (MJEPA)


0

50

100

150

200

250

300

0

20

40

60

80

100

120

140

160

180

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)


0

100

200

300

400

500

600

700

800

900

1,000

0

50

100

150

200

250

300

350

400

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-India Free Trade Agreement (AIFTA)


0

2

4

6

8

10

12

14

16

0.00

0.20

0.40

0.60

0.80

1.00

1.20

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-New Zealand Free Trade Agreement (MNZFTA)


0

100

200

300

400

500

600

0

50

100

150

200

250

300

350

400

450

500

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)


0

100

200

300

400

500

600

0

20

40

60

80

100

120

140

160

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Australia Free Trade Agreement (MAFTA)


0

50

100

150

200

250

300

350

400

450

0

50

100

150

200

250

300

3 Fe

b

10 F

eb

17 F

eb

24 F

eb

3 M

ar

10 M

ar

17 M

ar

24 M

ar

31 M

ar

7 A

pr

14 A

pr

21 A

pr

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Turkey Free Trade Agreement (MTFTA)




Malaysian Ringgit Exchange Rate with Selected Countries,January 2018 - March 2019

Source : Bank Negara Malaysia

US Dollar

Chinese Yuan

Thai Baht

Japanese Yen

Singapore Dollar

New Taiwan Dollar

3.9578

3.8862

4.1867

4.0746

4.0790

3.70

3.75

3.80

3.85

3.90

3.95

4.00

4.05

4.10

4.15

4.20

4.25

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

2018 2019

RM

USD 1 = RM

0.6150

0.6221

0.5974

0.6078

0.59

0.59

0.60

0.60

0.61

0.61

0.62

0.62

0.63


2018 2019

RM

CNY 1 = RM

12.3963

12.1699

13.0154

12.8563

11.60

11.80

12.00

12.20

12.40

12.60

12.80

13.00

13.20


2018 2019

RM

THB 100 = RM

3.5615

3.7814

3.6696

3.45

3.50

3.55

3.60

3.65

3.70

3.75

3.80


2018 2019RM

JPY 100 = RM

2.9925

2.9555

3.0453

3.0125

2.90

2.92

2.94

2.96

2.98

3.00

3.02

3.04

3.06


2018 2019

RM

SGD 1 = RM

13.4522

13.2323

13.5766

13.2198

12.50

12.70

12.90

13.10

13.30

13.50

13.70


2018 2019

RM

TWD 100 = RM



Commodity Prices

Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, and Bloomberg.

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

%*US$350.0

(high)

26 Apr 2019

%*US$330.0

(low)

CRUDE PETROLEUM (BRENT) -per bbl-

0.3%*US$72.2

26 Apr 2019

CRUDE PALM OIL -per MT-

0.1%*US$533.0

26 Apr 2019

RUBBER SMR 20 -per MT-

0.4%*US$1,509.5

COCOA SMC 2 -per MT-

3.6%* US$1,609.0

COAL -per MT-

0.4%*US$63.6

SUGAR -per lbs-

2.5%*US$12.7

SCRAP IRON HMS -per MT-

5 Oct 2018 : US$84.2

Highest2018/2019

26 Apr 2019 : US$72.2

4 Jan 2019 : US$57.1 28 Dec 2018 : US$52.2

Lowest2018/2019

9 Mar 2018 : US$691.5

Highest2018/2019

22 Feb 2019 : US$567.0

4 Jan 2019 : US$503.8 23 Nov 2018 : US$448.5

Lowest2018/2019

Average Price 2018 i : US$71.5 Average Price 2018 i : US$600.1

Average Price 2018 i : US$1,371.0 Average Price 2018 i : US$1,535.6 Average Price 2018 i : US¢12.3

Average Price 2018 i : US$380.7 (high)Average Price 2018 i : US$359.6 (low)Average Price 2018 i : US$66.9

Domestic Prices26 April 2019

Steel Bars(per MT)

RM2,150– RM2,300

Billets(per MT)

RM2,000 - RM2,100

26 Apr 2019 26 Apr 2019 26 Apr 2019

26 Apr 2019



Commodity Prices Trends

Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

1,479.4

1,599.1

1,665.61,657.3

1,594.4

1,491.3

1,539.2

1,623.4

1,690.31,680.8

1,669.7

1,609.0

1,450

1,500

1,550

1,600

1,650

1,700

8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar 5 Apr 12 Apr 19 Apr 26 Apr

US$/

mt

Cocoa

2,3002,295

2,2942,299

2,2882,289

2,306

2,295

2,294

2,273

2,2662,266

2,260.0

2,265.0

2,270.0

2,275.0

2,280.0

2,285.0

2,290.0

2,295.0

2,300.0

2,305.0

2,310.0


US$

/mt

Pepper

1,319.0

1,353.0

1,428.0

1,493.5

1,452.01,475.0

1,491.5

1,445.0

1,499.0

1,547.0

1,503.01,509.5

1,300

1,350

1,400

1,450

1,500

1,550


US$

/mt

Rubber SMR 20

52.7

55.657.3

55.8 56.1

58.5 59.060.1

63.163.9 64.0

63.362.1

66.367.1

65.1 65.767.2 67.0

68.4

70.371.6 72.0 72.2

40

45

50

55

60

65

70

75


US$

/bbl

Crude Petroleum

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

542.0

551.5

567.0566.5

549.0

543.0

526.5526.0

518.0520.5

533.5533.0

500

510

520

530

540

550

560

570

580


US$

/mt

Crude Palm Oil

12.7

13.0

13.3

12.6

12.2

12.5

12.6 12.5

12.8

12.913.0

12.7

12.1

12.3

12.5

12.7

12.9

13.1

13.3

13.5


US¢

/lbs

Sugar



Commodity Prices Trends

15.8

15.7

16.0

15.3 15.315.3

15.4

15.1

15.1 15.0 15.0 15.1

14.5

14.7

14.9

15.1

15.3

15.5

15.7

15.9

16.1


US$

/oz

Silver

42.1

42.3

42.7

42.2

41.7 41.9

42.2

41.7

41.4 41.6

41.0

41.3

40.0

40.5

41.0

41.5

42.0

42.5

43.0


US

$/g

Gold

Sources: Ministry of International Trade and Industry Malaysia, , Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

2,21

0

2,18

2

2,06

9

2,25

5 2,30

0

2,23

8

2,08

2

2,05

2

2,02

6

2,03

0

1,93

9

1,92

0

1,85

4

1,86

3

1,87

1

1,400

1,500

1,600

1,700

1,800

1,900

2,000

2,100

2,200

2,300

2,400


2018 2019

US$

/ to

nn

e

Aluminium

7,06

6

7,00

7

6,79

9

6,85

2

6,82

5 6,96

6

6,25

1

6,05

1

6,05

1 6,22

0

6,19

6

6,07

5

5,93

9

6,30

0 6,43

9

4,000

4,500

5,000

5,500

6,000

6,500

7,000

7,500


2018 2019

US$

/ to

nne

Copper

12,8

65 13

,596

13,3

93

13,9

38

14,3

66 15

,106

13,7

94

13,4

11

12,5

10

12,3

15

11,2

40

10,8

35 11

,523

12,6

85

13,0

26

7,000

8,000

9,000

10,000

11,000

12,000

13,000

14,000

15,000

16,000


2018 2019

US$

/ to

nn

e

Nickel

76

.34

77

.46

70

.35

65

.75

66

.10

65

.04

64

.56

67

.15

68

.44

73

.41

73

.26

69

.15

76

.16

88

.22

86

.47

60.0

65.0

70.0

75.0

80.0

85.0

90.0

95.0


2018 2019

US$

/dm

tu

Iron Ore

802.5806.9

845.9

863.7

817.6831.8

848.4

854.1

905.4898.5 903.7

903.6

790.0

810.0

830.0

850.0

870.0

890.0

910.0


US

$/o

z

Platinum

330.0

300.0 300.0 300.0

330.0

380.0 380.0 380.0 380.0 380.0 380.0 380.0

350.0 350.0

310.0

290.0 290.0 290.0

310.0

350.0 350.0 350.0 350.0 350.0 350.0 350.0

330.0 330.0

250

270

290

310

330

350

370

390

410

18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar22 Mar29 Mar 5 Apr 12 Apr 19 Apr

US

$/m

t

Scrap Iron Scrap Iron/MT (High) Scrap Iron/MT(Low)

75.1

73.8

71.6

70.6

69.1 69.1

65.1

67.1

65.1

63.8

63.8

63.6

62.0

63.0

64.0

65.0

66.0

67.0

68.0

69.0

70.0

71.0

72.0

73.0

74.0

75.0

76.0

77.0

78.0


US

$/t

Coal



MIT

I PR

OG

RAM

MES

MITI Minister led the Malaysian delegation at the 25th ASEAN Economic Ministers' Retreat and related meeting in Thailand

from 22 to 23 April 2019



MIT

I PR

OG

RAM

MES

MITI Deputy Minister launched the GENIE Smart Factory Solution by Galactic Advanced Engineering Sdn Bhd

23 April 2019



MIT

I PR

OG

RAM

MES

MITI Minister visited HMI, P.R.China, 24 April 2019

Dialogue Session with Chinese Corporate Leaders, P.R.China, 25 April 2019


All yo

u ne

ed t

o kn

ow...


All yo

u ne

ed t

o kn

ow...


All yo

u ne

ed t

o kn

ow...



Final ConsumptionFinal consumption consists of goods and services used by individual households or the community to satisfy their individual or collective needs or wants.Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM\

Final Consumption Expenditure of GovernmentGeneral government final consumption expenditure consists of expenditure, including expenditure whose value must be estimated indirectly, incurred by general government on both individual consumption goods and services and collective consumption services.Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM

Final Consumption Expenditure of HouseholdsHousehold final consumption expenditure consists of the expenditure, including expenditure whose value must be estimated indirectly, incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant and including consumption goods and services acquired abroad.Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM

Final Consumption of NPISHsFinal consumption expenditure of NPISHs consists of the expenditure, including expenditure whose value must be estimated indirectly, incurred by resident NPISHs on individual consumption goods and services and possibly on collective consumption services.Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM

Financial AuxiliariesFinancial auxiliaries consist of financial corporations that are principally engaged in activities associated with transactions in financial assets and liabilities or with providing the regulatory context for these transactions but in circumstances that do not involve the auxiliary taking ownership of the financial assets and liabilities being transacted.Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM

Financial intermediariesFinancial intermediaries are units which incur liabilities on their own account on financial markets by borrowing funds which they lend on different terms and conditions to other institutional units.Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM



Norlia Talib PA to Senior Director

Zabidah SafarSenior Director of

Trade & Industry SupportMuhammad Zulhilmi

AhmadDirector

Noorsuhaila Mohammad NorPA to Director

Aini Hazila Hamzah Senior Principal Assistant

Director

Khalid Faesal Abdul Rahman Principal Assistant Director

Siti Zahara Abu Bakar Principal Assistant Director

Mohd Ezzuan Mohd Ehlas Senior Assistant Director

Syafiq Farhan Kamel Assistant Director

Auji Nabilah Abdul Razak

Assistant Director

Muhammad Arif Wahab Udin

Assistant Director

Norain Fatihah Mohammed Yusoff

Administrative Officer

Zakirah Mohd Azamli Administrative Officer

Nurin Nazmi Ahmad Tarmizi Assistant


Nursyazwani Mohd Jamil Assistant


Salmiah AbdullahAssistant


Shahriza IdrisAssistant


Zalita Bt A’ajudin Assistant


Alaham YussoffPrincipal Administrative

AssistantMaizatulakmar Mohd Zain

Senior Administrative Assistant

Nor Farah Neena Zulkipli Administrative Assistant

Officer

Noor Azlina Mohd Zakaria Administrative Assistant

Officer

Azizah HaronAdministrative Assistant

Rosyatimah Mat Yunus Administrative Assistant

Norsiah Bakar Administrative Assistant

Suhaila YosniAdministrative Assistant

Muhammad Sufi Raizam Administrative Assistant

Haida Mohamad NorAdministrative Assistant

Arif Zuhdi MuhamadAdministrative Assistant

Ummi Nadrah Yusof Administrative Assistant

Nik Muhammad Tarmizi Che Abd RahmanAdministrative Assistant

Zaiton Afiza TalibAdministrative Assistant

Mardiana Abdul Karim Administrative Assistant

Nurul Shahirah Roslan Administrative Assistant

Muhammad Fais AzrinAdministrative Assistant

Mohd Hairul Naim Ahmad Radzali

Administrative Assistant

Azean Nadia Ahmad Zubairi


Mohd Haidzir Abd Razak

Accountant Assistant

Ahmad Nadzreen Mohamad Ali

Senior Assistant Director

Nur ‘Aainaa Muhammad Nor Anwar Senior Assistant Director

Muhammad Ihsan Muhammad Dimyati

Senior Assistant Director

Asmar Ramli Administrative Assistant

Mohd Alif Syafiq Mohd Moktar


Mohamad Shaiful Affendi Mahmud


Hapendi HusinOperational Assistant

Ahmad Faisal Ahmad OmarOperational Assistant

Nor Akmar Rashid Administrative Assistant

MITI @ Your ServiceEmail: [email protected]

Export and Import Control Section



For more information, kindly click the following links:http://www.miti.gov.my/index.php/pages/view/4761Vintage_English.pdf

For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/industry4WRD

ANNO

UNCEM

ENTS

For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/aki?mid=535

ANNO

UNCEM

ENTS

For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/industry4WRD?mid=559#tab_547_2202


For more information, kindly click the following links:http://www.miti.gov.my/index.php/pages/view/4761Vintage_English.pdf

For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/aki?mid=535

For more information, kindly visit:https://www.dosm.gov.my/v1/index.php?r=column/cone&menu_id=N0FVaDR4Y1hGMk1NNi9jS2ZQRFFLZz09#

For more information, kindly visit http://www.isi2019.org/

Tentative Schedule for MITI Pocket Talks 2019

NO DATE VENUE TOPIC

1 16 May (Thursday) MITI JOHOR

Introduction to FTA & Preferential Certificate of Origin (PCO)

2 20 June (Thursday)

MITI HQ (SEMINAR 1)

3 18 July (Thursday)

MITI PAHANG

4 22 August (Thursday)

MITI HQ (SEMINAR 1)

5 19 September (Thursday) MITI PERAK

6 17 October (Thursday)

MITI HQ (SEMINAR 1)

7 14 November (Thursday)

MITI KELANTAN

ANNO

UNCEM

ENTS

For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/industry4WRD?mid=559#tab_547_2202



Dear Readers,

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MITI Weekly Bulletin Editorial Committee wishing a Blessed Ramadhan to All

Muslim Readers

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