malaysia manufacturing sector trade performance weekly bulletin/miti_weekly... · non-metalic...
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MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
Source: Department of Statistics, Malaysia
Malaysia
Note: % refers to year-on-year change
Manufacturing Sector
January- November 2017Trade Performance
Exports Imports Total Trade
20.3%RM703.1b
19.7%RM667.9b
5.3%RM1,371.0b
Machinery, Equipment & PartsRM72.0b, 22.8%
Petroleum ProductsRM69.8b, 48.3%
Manufactures of MetalRM39.9b, 12.8%
Major ExportsE&E ProductsRM231.5b, 22.0%
Chemicals & Chemical ProductsRM73.2b, 18.3%
1
2
3
4
5
Major ImportsE&E ProductsRM314.3b, 20.5%
Petroleum ProductsRM65.8b, 34.7%
Chemicals & Chemical ProductsRM62.6b, 17.1%
Machinery, Equipment & Part RM37.1b, 7.6%
Manufactures of Metal RM34.6b, 13.6%
1
2
3
4
5
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
Indica
tors,
Jan -
Nov 2
017 Exports
RM703.1bil. ( 20.3%)Imports
RM667.9bil. ( 19.7%)Manufacturing Index
142.0 ( 6.2%)Sales
RM698.5bil. ( 14.2%)Employment
1,054,705 persons ( 2.3%)Salary
RM38.1bil. ( 8.5%)
Industrial Production Index (IPI) November 2017
IPI 134.8 5.0%
Electricity Index 134.8 3.9%
Mining Index108.8 0.2%
Manufacturing Index 146.1 6.7%
Petroleum,Chemical, Rubber & Plastic
7.5%
Electrical & Electronics6.9%
Food, Beverages & Tobacco 8.2%
Non-Metalic Mineral Products, Basic Metal & Fabricated Metal Products
4.6%
Transport Equipment & Other Manufacturers
3.0%
Manufacturing Sector Performance
Note: % refers to year-on-year changeSource: Department of Statistics, Malaysia
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
International Report
Notes : * Refers to HS 854290Source:http://www.trademap.org/Index.aspx
1 2 3
4 5
MalaysiaUSD 2,464.9 Million
Hong KongUSD 2,299.1 Million
SingaporeUSD 1,959.7 Million
JapanUSD 1,669.0 Million
United StatesUSD 1,284.6 Million
SingaporeUSD 933.6 Million
Hong KongUSD 272.6 Million
ThailandUSD 174.8 Million
12
3
Malaysia As the Largest Exporter of Parts of Electronic Integrated
Circuits*, 2016
TOP 5: Export Destinations
5
4KoreaUSD 240.2 Million
ChinaUSD 275.5 Million
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
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
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
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.
Number and Value of Preferential Certificates of Origin (PCOs)
0
1,000
2,000
3,000
4,000
5,000
6,000
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,00022
Oct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN Trade in Goods Agreement (ATIGA)
Total FOB (RM mil.) Total CO
0
500
1,000
1,500
2,000
2,500
3,000
0
500
1,000
1,500
2,000
2,500
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-China Free Trade Agreement (ACFTA)
Total FOB (RM mil.) Total CO
0
200
400
600
800
1,000
1,200
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-Korea Free Trade Agreement (AKFTA)
Total FOB (RM mil.) Total CO
0
50
100
150
200
250
300
350
400
0
20
40
60
80
100
120
140
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-Japan Comprehensive Economic Partnership (AJCEP)
Total FOB (RM mil.) Total CO
0
100
200
300
400
500
600
700
800
900
1,000
0
100
200
300
400
500
600
700
800
900
1,000
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-India Free Trade Agreement (AIFTA)
Total FOB (RM mil.) Total CO
0
200
400
600
800
1,000
1,200
1,400
0
20
40
60
80
100
120
140
160
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)
Total FOB (RM mil.) Total CO
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
Number and Value of Preferential Certificates of Origin (PCOs)
0
200
400
600
800
1,000
1,200
0
20
40
60
80
100
120
140
160
180
200
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Japan Economic Partnership (MJEPA)
Total FOB (RM mil.) Total CO
0
50
100
150
200
250
0
20
40
60
80
100
120
140
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Pakistan Closer Economic Partnership (MPCEPA)
Total FOB (RM mil.) Total CO
0
2
4
6
8
10
12
0.0
0.1
0.1
0.2
0.2
0.3
0.3
0.4
0.4
0.5
0.5
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-New Zealand Free Trade Agreement (MNZFTA)
Total FOB (RM mil.) Total CO
0
20
40
60
80
100
120
140
0
5
10
15
20
25
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Chile Free Trade Agreement (MCFTA)
Total FOB (RM mil.) Total CO
0
50
100
150
200
250
300
350
400
450
500
0
50
100
150
200
250
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)
Total FOB (RM mil.) Total CO
0
100
200
300
400
500
600
700
0
10
20
30
40
50
60
70
80
90
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Australia Free Trade Agreement (MAFTA)
Total FOB (RM mil.) Total CO
0
50
100
150
200
250
300
350
0
50
100
150
200
250
22 O
ct
29 O
ct
5 N
ov
12 N
ov
19 N
ov
26 N
ov
3 D
ec
10 D
ec
17 D
ec
24 D
ec
31 D
ec
7 Ja
n
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Turkey Free Trade Agreement (MTFTA)
Total FOB (RM mil.) Total CO
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
Source : Bank Negara, Malaysia
Malaysian Ringgit Exchange Rate with Selected Countries,January 2016 - December 2017
US Dollar
Canadian Dollar
New Zealand Dollar
Swiss Franc
Saudi Riyal
Myanmar Kyat
4.3481
3.9045
4.4615
4.0780
3.60
3.70
3.80
3.90
4.00
4.10
4.20
4.30
4.40
4.50
4.60
Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec
2016 2017
RM
USD 1 = RM
3.0559
3.0412
3.39523.4288
3.1935
2.80
2.90
3.00
3.10
3.20
3.30
3.40
3.50
Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec
2016 2017
RM
CAD 1 = RM
2.8405
2.6897
3.2126
2.8414
2.40
2.50
2.60
2.70
2.80
2.90
3.00
3.10
3.20
3.30
Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec
2016 2017
RM
NZD 1 = RM
4.3241
4.0507
4.4697
4.1296
3.80
3.90
4.00
4.10
4.20
4.30
4.40
4.50
4.60
Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec
2016 2017RM
CHF 1 = RM
115.8931
104.1130
118.9409
108.7387
95.0
100.0
105.0
110.0
115.0
120.0
125.0
Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec2016 2017
RM
SAR 100 = RM
0.3367
0.3468
0.2999
0.270
0.280
0.290
0.300
0.310
0.320
0.330
0.340
0.350
0.360
Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
Ma
rA
prM
ay
Jun Jul
Aug Se
pO
ctN
ovD
ec
2016 2017
RM
MMK 100 = RM
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
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.
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
CRUDE PETROLEUM (BRENT)-per bbl-
12 Jan 2018 : US$69.9, 3.3%*Average Pricei : 2017: US$55.0 2016: US$45.3
CRUDE PALM OIL-per MT-
12 Jan 2018 : US$687.5, 1.8%*Average Pricei : 2017: US$719.7 2016: US$702.2
RUBBER SMR 20-per MT-
12 Jan 2018 : US$1,523.5, 4.6%*Average Pricei : 2017: US$1,646.6 2016: US$1,394.5
COAL -per MT-12 Jan 2018 : US$64.4, 1.2%Average Pricei : 2017: US$57.2 2016: US$45.6
COCOA SMC 2-per MT-
12 Jan 2018 : US$1,334.8, 2.5%*Average Pricei : 2017: US$1,439.0 2016: US$1,609.8
SCRAP IRON HMS-per MT-
12 Jan 2018 : US$420.0 (high), 7.7% US$400.0 (low), 5.3%Average Pricei : 2017: US$314.5 2016: US$243.2
HIGHEST and LOWEST 2017/2018
Highest 12 Jan 2018 : US$69.9 29 Dec 2017 : US$66.9
Lowest
5 Jan 2018 : US$67.6
23 June 2017 : US$45.5
Crude Petroleum
(Brent)-per bbl-
Highest 12 Jan 2018 : US$687.5 20 Jan 2017 : US$843.0
Lowest
30 June 2017 : US$650.0 5 Jan 2018 : US$675.6
Crude Palm Oil -per MT-
Domestic Prices12 Jan 2018
Steel Bars(per MT)
RM2,700 – RM2,850
Billets(per MT)
RM2,400 – RM2,450
SUGAR -per lbs-12 Jan 2018 : US¢ 14.2, 6.0%*Average Pricei : 2017: US¢15.8 2016: US¢18.2
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
Commodity Price Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
728.5733.0 731.0 734.0
714.0
692.5 693.0
676.5
661.0656.7
675.6
687.5
600
620
640
660
680
700
720
740
760
27 Oct 3 Nov 10 Nov 17 Nov 24 Nov 30 Nov 8 Dec 15 Dec 22 Dec 29 Dec 5Jan 12Jan
US$
/mt
Crude Palm Oil
1,615.0
1,488.5
1,561.9
1,501.71,517.2
1,443.6
1,259.8
1,320.6
1,320.1
1,329.4
1,301.8
1,334.8
1,200
1,250
1,300
1,350
1,400
1,450
1,500
1,550
1,600
1,650
27 Oct 3 Nov 10 Nov 17 Nov 24 Nov 30 Nov 8 Dec 15 Dec 22 Dec 29 Dec 5Jan 12Jan
US$
/mt
Cocoa
14.6
14.4
15.0
15.415.5
15.0
14.1
13.7
14.6
15.215.1
14.2
12.5
13.0
13.5
14.0
14.5
15.0
15.5
16.0
27 Oct 3 Nov 10 Nov 17 Nov 24 Nov 30 Nov 8 Dec 15 Dec 22 Dec 29 Dec 5Jan 12Jan
US¢
/lbs
Sugar
1,425.01,413.5 1,412.5
1,376.5
1,428.0
1,397.0
1,416.5
1,462.0
1,425.5
1,452.5 1,456.0
1,523.5
1,300
1,350
1,400
1,450
1,500
1,550
27 Oct 3 Nov 10 Nov 17 Nov 24 Nov 30 Nov 8 Dec 15 Dec 22 Dec 29 Dec 5Jan 12Jan
US$
/mt
Rubber SMR 20
6,90
0 7,08
8
7,11
3 7,28
1
6,91
7
6,85
1
6,73
0
6,33
7
6,08
5
5,96
5
4,51
6
3,98
4
4,36
6 4,60
5
4,17
0 4,47
4
4,46
3
3,97
4
2,95
0
3,47
6
4,11
4
2,500
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
7,000
7,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
2016 2017
USD
/ to
nne
Black Pepper
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
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.
61.4
64.4 64.564.2
62.6
65.0 65.0 65.0 65.0
65.365.2
64.4
59.0
60.0
61.0
62.0
63.0
64.0
65.0
66.0
27 Oct 3 Nov 10 Nov 17 Nov 24 Nov 1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5Jan 12Jan
US$
/t
Coal
1,48
1 1,53
1 1,
531 1,
571
1,55
1 1,59
4 1,62
9 1,
639
1,59
2 1,
666
1,73
7 1,
728 1,
791
1,86
1 1,90
1 1,
921
1,91
3 1,
885
1,90
3 2,
030 2,
096 2,13
1 2,
097
2,08
0
1,400
1,500
1,600
1,700
1,800
1,900
2,000
2,100
2,200
Jan
Feb
Mar Apr
May Jun Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar Apr
May Jun Jul
Aug
Sep
Oct
Nov
Dec
2016 2017
US$/
tonn
e
Aluminium4,
472 4,59
9 4,
954
4,87
3 4,
695
4,64
2 4,86
5 4,
752
4,72
2 4,
731
5,45
1 5,66
0 5,
755 5,
941
5,82
5 5,
684
5,60
0 5,72
0 5,
985
6,48
6 6,
577 6,
808
6,82
7 6,
834
4,000
4,500
5,000
5,500
6,000
6,500
7,000
Jan
Feb
Mar Apr
May Jun Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar Apr
May Jun Jul
Aug
Sep
Oct
Nov
Dec
2016 2017
US$/
tonn
e
Copper
8,50
7 8,
299 8,
717
8,87
9 8,
660 8,92
8 10
,263
10
,336
10
,192
10
,260
11
,129
10
,972
9,
971
10,6
43
10,2
05
9,60
9 9,
155
8,93
2 9,
491
10,8
90
11,2
16
11,3
36 11
,972
11
,495
7,000
8,000
9,000
10,000
11,000
12,000
13,000
Jan
Feb
Mar Apr
May Jun Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar Apr
May Jun Jul
Aug
Sep
Oct
Nov
Dec
2016 2017
US$/
tonn
eNickel
53.9
55.656.7 56.6
59.0 58.457.4 57.3
58.5
60.461.4
64.360.4
62.163.5
62.763.9 63.7 63.4 63.2
65.366.9
67.6
69.9
40
45
50
55
60
65
70
75
27 Oct 3 Nov 10 Nov 17 Nov 24 Nov 1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5Jan 12Jan
US$
/bbl
Crude Petroleum
CrudePetroleum(WTI)/bblCrudePetroleum(Brent)/bbl
Commodity Price Trends
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.
922.0 920.0
930.0
941.0 940.0
933.0937.0
895.0
885.0
930.0
940.0
969.0
840.0
860.0
880.0
900.0
920.0
940.0
960.0
980.0
20 Oct 27 Oct 3 Nov 10 Nov 17 Nov 24 Nov 1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5Jan
US$
/oz
Platinum
320.0
340.0
320.0 320.0
330.0
350.0 350.0 350.0
395.0390.0 390.0
420.0
300.0
320.0
300.0 300.0
310.0
340.0 340.0 340.0
380.0 380.0 380.0
400.0
250
270
290
310
330
350
370
390
410
430
27 Oct 3 Nov 10 Nov 17 Nov 24 Nov 30 Nov 8 Dec 15 Dec 22 Dec 29 Dec 5Jan 12Jan
US$
/mt
Scrap Iron
ScrapIron/MT(High)ScrapIron/MT(Low)
41.88 46
.83
56.20 60
.92
55.13
51.98 57
.26 60.89
57.79
59.09
73.10
80.02
80.41
89.44
87.65
70.22
62.43
57.48
67.74
76.07
71.53
61.66 64.24
72.25
30.0
40.0
50.0
60.0
70.0
80.0
90.0
100.0
Jan
Feb
Mar Apr
May Jun Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar Apr
May Jun Jul
Aug
Sep
Oct
Nov
Dec
2016 2017
US$
/dm
tu
Iron Ore
16.7
17.2
17.117.2
17.1
16.4
15.8
16.1
16.3
17.0
17.3
17.1
15.0
15.5
16.0
16.5
17.0
17.5
27 Oct 3 Nov 10 Nov 17 Nov 24 Nov 1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5Jan 12Jan
US$
/oz
Silver
40.7 40.7
41.3 41.341.5
41.0
40.240.3
40.7
41.5
42.4
42.7
38.5
39.0
39.5
40.0
40.5
41.0
41.5
42.0
42.5
43.0
26 Oct 3 Nov 10 Nov 17 Nov 24 Nov 1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5Jan 12Jan
US$
/oz
Gold
Commodity Price Trends
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
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MITI PROGRAMMEThe 8th Malaysia-Singapore Leaders’ Retreat
15 - 16 Januari 2018
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MITI PROGRAMMEMITI Brainstorming 2018
14 - 15 Januari 2018
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MITI PROGRAMMEPerhimpunan Bulanan MITI & Agensi
11 Januari 2018
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MITI Weekly Bulletin | www.miti.gov.my
Source: http://www.miti.gov.my/index.php/glossary
Amber BoxAll domestic support measures (i.e. subsidies) considered to distort production and trade (with some exceptions) fall into the amber box, which is defined in Article 6 of the Agriculture Agreement as all domestic supports except those in the blue and green boxes. These include measures to support prices, or subsidies directly related to production quantities.
These supports are subject to limits: “de minimis” minimal supports are allowed (5% of agricultural production for developed countries, 10% for developing countries); the 30 WTO members that had larger subsidies than the de minimis levels at the beginning of the post-Uruguay Round reform period are committed to reduce these subsidies.
The reduction commitments are expressed in terms of a “Total Aggregate Measurement of Support” (Total AMS) which includes all supports for specified products together with supports that are not for specific products, in one single figure. In the current negotiations, various proposals deal with how much further these subsidies should be reduced, and whether limits should be set for specific products rather than continuing with the single overall “aggregate” limits.
Anti-concentration ProvisionA provision that disallow developing countries from excluding an entire sector from tariff cuts. A minimum of 20% tariff lines or 9% of the value of imports in each tariff chapter would be subject to the full formula tariff reduction.
Anti-DumpingGATT’s Article 6 allows anti-dumping duties to be imposed on goods that are deemed to be exported below their normal prices, thus causing injury to producers of competing products in the importing country. These duties are equal to the difference between the goods export price and their normal value, if dumping causes injury.
APApproved Permit - is an import and export license issued by the Permit Issuing Agencies (PIAs) based on the Customs Act 1967.
APECAsia-Pacific Economic Cooperation - a forum for 21 Pacific-rim member economies that seeks to promote open trade and practical economic cooperation throughout the Asia-Pacific region. Cooperation is based on three pillars: trade and investment liberalization, business facilitation, and economic and technical cooperation. The primary goal is to support sustainable economic growth and prosperity in the region. .Established in 1989, membership comprises Australia; Brunei Darussalam; Canada; Chile; People’s Republic of China; Hong Kong, China; Indonesia; Japan; Republic of Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; Philippines; Russia; Singapore; Chinese Taipei; Thailand; United States; and Viet Nam. APEC accounts for over 1/3 of world population, nearly 54% world GDP and 44% world trade.
APEC ForaAPEC has a number of different groups working in the areas of trade and investment liberalization and facilitation and economic and technical cooperation. Committees, ad-hoc groups, expert groups and working groups are known individually as a forum and collectively as fora.
APEC SecretariatThe main mechanism for supporting the APEC process, providing technical assistance, consultation and coordination of activities of APEC fora, while at the same time administering databases, information and communication, and outreach activities. The Secretariat plays a central role in the management of APEC projects and APEC’s annual budget. Its structure consists of: an Executive Director from a member economy with a fixed-term of three years; program directors seconded from member economies; and support staff. The decision to establish the APEC Secretariat with its office based in Singapore was adopted in 1992 at the APEC Ministerial Meeting in Bangkok, Thailand.
AMMAPEC Ministerial Meeting – a joint meeting of Ministers of Foreign Affairs and Ministers Responsible for Trade of APEC member economies organized annually. Meeting takes place right before the APEC Economic Leaders’ Meeting (AELM). At this Meeting, Ministers give their assessments and evaluations of APEC cooperation in the present year, endorse recommendations on cooperation from Senior Officials’ Meetings (SOM) and report to AELM for consideration and approval. MITI Minister participates this meeting under the capacity of Minister Responsible for Trade.
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Investment Incentives Portal (i-Incentives)I-Incentives is a portal that provides information on investment incentives offered by the Federal Government of Malaysia. The incentives information stored in the portal cater for all three sectors of the economy; manufacturing, services and primary. They also cover all types of incentives offered by the Federal Government; tax exemptions, grants, soft loans and other types of incentives such as equity funding, regional establishment status, training and other facilitation programmes.
The portal has been developed by Incentive Coordination and Collaboration Office (ICCO) in MIDA with the aim to improve the central coordination of all incentive offerings. This initiative is to enhance the effectiveness of the government’s incentive mechanism by increasing transparency, eliminating duplication and linking investment incentives to performance.
Visit i-Incentives portal at https://incentives.mida.gov.my
Contacts:
S.SivaDirectorIncentive Coordination and Collaboration Office (ICCO)
Level 19, MIDA Sentral No.5, Jalan Stesen Sentral 5 Kuala Lumpur Sentral 50470 Kuala Lumpur
E: [email protected], [email protected]
T: +603-22673502
Announcement
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
Announcement
Please be informed that the Ministry of International Trade and Industry, (MITI) Malaysia in collaboration with the Ministry of Economy, Trade and Industry, (METI) Japan will be organising an export control seminar as per details below:
Date : 23 January 2018 (Tuesday)Time : 8.30 a.m - 3.30 p.mVenue : Intercontinental Kuala Lumpur
2. The seminar is intended to promote better compliance of export control and effective implementation of the Strategic Trade Act 2010 (STA). This seminar which is expected to host 150 representatives from government agencies and various industries in Malaysia will be a platform to provide guidance on the latest developments and initiatives by the relevant authorities in Malaysia and Japan.
3. Should you wish to participate, kindly register your attendance at this link: https://docs.google.com/forms/d/e/1FAIpQLScyh8NKNfU_SUYbHGgyzjhg0X0vjN2RkYMBStoBCbDzJVdElw/viewform?usp=sf_link
4. You may contact Ms. Nur Liyana Alwi (email: [email protected]) or Ms. Alice Simbun (email: [email protected]) for further inquiries.
Thank you.
NOTIFICATION ON THE IMPLEMENTATION OF e-FORM D ATIGA VIAASEAN SINGLE WINDOW (ASW) PLATFORM BY MALAYSIA – LIVE OPERATION PHASE
Pursuant to the notification on the implementation of e-form D ATIGA via ASW platform for live implementation phase (kindly refer to the link http://www.miti.gov.my/index.php/pages/view/3794), it is a pleasure to inform that Malaysia will be joining the live operation e-form D ATIGA phase starting 1 January 2018.Exporters are encouraged to use the e-form D ATIGA for preferential treatment under ATIGA during import clearance by importer for exportation to Indonesia, Singapore, Thailand and Vietnam.Attached herewith is the slide on ‘e-form D ATIGA via ASW platform’ as reference. For any further queries, please contact the help desk e-form D ATIGA: 03-6208 4747/4748/4749
Thank you.DirectorTrade and Industry Cooperation SectionMinistry Of International Trade and Industry18 December 2017
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.myAnnouncement
Withholding TaxFor more information on Withholding Tax, please visit LHDN’s website via this link: http://www.hasil.gov.my/bt_goindex.php?bt_kump=2&bt_skum=6&bt_posi=1&bt_unit=5&bt_sequ=1&bt_lgv=2
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
For more information on Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)please visit MITI’s website via this link: http://fta.miti.gov.my/index.php/pages/view/71?mid=40
Industry 4.0For more information on Industry 4.0, please visit MITI’s website via this link: http://www.miti.gov.my/index.php/pages/view/industry4.0?mid=559
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