Hari Malaysia - Ministry of International Trade and Industry
Transcription
Hari Malaysia - Ministry of International Trade and Industry
16 September 2015 Hari Malaysia Sekali lagi Malaysia menyambut Hari Malaysia yang ke-52 tahun, tarikh 16 September merupakan peristiwa yang amat penting kepada rakyat Malaysia yang menyaksikan penubuhan persekutuan Malaysia. Penyertaan negeri Sabah dan Sarawak di dalam persekutuan Malaysia telah memperkayakan kebudayaan dan sosio ekonomi Negara ini. Kepelbagaian komuniti etnik dan agama telah membentuk imej Malaysia yang unik dan berjaya mewujudkan suasana yang sejahtera. Dalam keadaan ekonomi yang amat mencabar pada masa kini, MITI terus memainkan memainkan peranan yang amat penting dalam meningkatkan kemajuan ekonomi dan daya saing Malaysia. Inisiatif-inisiatif peningkatan produktiviti, inovasi dan persekitaran yang kondusif untuk menjalankan perniagaan akan diteruskan oleh MITI. Malahan, MITI akan terus memperkembangkan langkah-langkah yang dapat membantu komuniti perniagaan, pengusahapengusaha di pelbagai kategori terutamanya perusahaan kecil sederhana (PKS). Bagi meningkatkan keupayaan industri tempatan menempuhi pasaran global, programprogram peningkatan keupayaan perindustrian giat dilaksanakan. Usaha-usaha ini adalah bagi memastikan produk-produk tempatan sentiasa kompetitif dan berupaya meningkatkan penyertaan industri Malaysia di dalam “rantaian nilai global” (GVC).Ini penting bagi memastikan sumbangan eksport produk perindustrian terus kukuh bagi membolehkan Malaysia mencapai status negara berpendapatan tinggi menjelang tahun 2020. Strategi rmk Sebagai Pengerusi ASEAN tahun ini, MITI telah berjaya menganjurkan Mesyuarat MenteriMenteri Ekonomi ASEAN Ke-47 (AEM) dan Mesyuarat-Mesyuarat Berkaitan pada 22 sehingga 25 Ogos 2015. Dalam mesyuarat ini Menteri-Menteri Ekonomi ASEAN telah membincangkan mengenai keadaan ekonomi serantau ke arah penubuhan Komuniti Ekonomi ASEAN (AEC), serta pelaksanaan langkah-langkah penubuhan AEC, terutama penyelesaian komitmen yang dipersetujui dalam Pelan Tindakan AEC 2015. Saya amat berpuas hati dengan kemuafakatan dan kata sepakat yang telah dicapai di kalangan rakan-rakan Menteri Ekonomi ASEAN malahan juga dengan rakan-rakan dialog ASEAN, ini akan memperkukuhkan lagi usaha-usaha kearah pencapaian matlamat AEC. Perpaduan, daya saing dan semangat bekerjasama membolehkan kita mengatasi cabarancabaran yang kita hadapi sama-ada di peringkat dalaman dan antarabangsa. Kita juga harus sentiasa memperingati masing-masing bahawa semua usaha-usaha yang telah kita laksanakan akan memberi impak kepada masa depan Malaysia. Kita perlu meneruskan usaha-usaha untuk memastikan Malaysia sentiasa berada di hadapan dalam membantu pembentukan pembangunan ekonomi di peringkat serantau dan global. Dengan ini saya mengambil kesempatan untuk mengucapkan selamat menyambut Hari Malaysia kepada semua pembaca MITI Weekly Bulletin. “DRIVING Transformation, POWERING Growth” MITI Weekly Bulletin / www.miti.gov.my MALAYSIA INDUSTRIAL PRODUCTION INDEX (IPI) January - July 2015 101.5 14.0% 121.4 1.2% Manufacturing Index Mining Index Electricity Index “DRIVING Transformation, POWERING Growth” IPI 120.8 6.1% 129.3 4.2% Notes: % refer to y-o-y growth Monthly IPI by Sector January 2014 - July 2015 Index 140 129.3 130 120 121.4 110 100 2014 Mining Source : Department of Statistics, Malaysia MITI Weekly Bulletin / www.miti.gov.my 2015 Manufacturing Electricity Jul May Apr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb Jan 80 Jun 101.5 90 Manufacturing Sector Performance Monthly Sales, Jan - Jul (2014/2015) 0.3%) Manufacturing Index 126.2 ( 4.7%) 60.0 58.0 2014 2015 56.0 Sales : RM379.9 bil. ( 0.1%) 54.0 52.0 Employment 1,023,816 persons ( 0.7%) 53.3 54.3 54.8 54.2 RM20.9 mil. ( 5.0%) 53.1 50.8 48.0 53.3 52.9 Salary 55.9 58.4 50.0 53.5 52.1 Imports : RM337.9 bil. ( RM billion 55.6 57.2 Indicators, Jan - Jul 2015 Exports : RM343.6 bil. ( 1.9%) Jan Feb Mar Apr May Jun Jul 46.0 Employment by Industry, Jul 2015 99,179 persons 86,930 persons 125,584 persons 392,198 319,925 persons persons Electrical & Electronics Chemicals Wood and Wood Products Metal Others* Notes:Others include Rubber Products, Transport Equipment, Processed Food And Beverages, Non-Metallic Minerals Products, Textiles & Apparel, Machinery & Equipment, Scientific & Measuring, Paper, Printing & Publishing, Medical Devices, Leather & Leather and Miscellaneous. Source : Department of Statistics, Malaysia MITI Weekly Bulletin / www.miti.gov.my “DRIVING Transformation, POWERING Growth” Notes: % refer to y-o-y growth ‘ and You’ Foreign Direct Investment Net Inflows in ASEAN, Total FDI Inflow to ASEAN: US$136.2bil. FDI net inflows are the value of inward direct investment made by non-resident investors in the reporting economy. Japan US$13.4bil. 9.8%# Others* US$35.0bil. 25.7%# India US$0.8bil. 0.6%# Canada US$1.3bil. 0.9%# ASEAN US$24.4bil. 17.9%# USA US$13.0bil. 9.6%# China US$8.9bil. 6.5%# Australia US$5.7bil. 4.2%# South Korea US$4.5bil. 3.3%# Note: P- preliminary figures # share to total FDI * Includes New Zealand, Pakista , Russian Federation and others Source: http://www.asean.org.news/ MITI’s ASEAN Portal can be accessed via http://aec2015.miti.gov.my/ MITI Weekly Bulletin / www.miti.gov.my “DRIVING Transformation, POWERING Growth” European Union (EU) US$29.3bil. 21.5%# International Report Eurasian Economic Union (EEU) Russia Belarus Kyrgyzstan Kazakhstan Armenia General Economic Indicators 2015 Gross Domestic Product US$2,411.2 bil Territorry and Population Area 20,229,248km 2 Total Foreign Trade US$932.9 bil Population 183,319,693 15% of the world land 2015 estimate Industrial Production US$1.5tr Source:http://www.eurasiancommission.org/, https://en.wikipedia.org/wiki/Eurasian_Economic_Union Malaysia’s Trade with EEU, 2005 -2014 RM billion 9.7 10.0 Exports Imports Total Trade 8.0 6.0 7.1 4.0 2.6 2.0 0.0 2005 2006 2007 Source:Department Of Statistics, Malaysia MITI Weekly Bulletin / www.miti.gov.my 2008 2009 2010 2011 2012 2013 2014 DID YOU KNOW? Best Places For Business & Careers in USA 1 USA 2 3 USA 4 USA 5 USA Denver, Colorado Metro Population: 2,761,000 Projected Annual Job Growth: 2.8% Raleigh, North Carolina Metro Population: 1,245,800 Projected Annual Job Growth: 3.4% Portland, Oregon Metro Population: 2,352,700 Projected Annual Job Growth: 3.0% Provo, Utah Metro Population: 572,900 Projected Annual Job Growth: 3.8% Atlanta, Georgia Metro Population: 5,626,000 Projected Annual Job Growth: 3.2% Source:http://www.forbes.com/best-places-for-business/ MITI Weekly Bulletin / www.miti.gov.my 6 USA 7 USA 8 USA 9 USA 10 USA Seattle, Washington Metro Population: 2,844,200 Projected Annual Job Growth: 2.9% Salt Lake City, Utah Metro Population: 1,155,200 Projected Annual Job Growth: 2.8% Indianapolis, Indiana Metro Population: 1,973,600 Projected Annual Job Growth: 2.6% Warren, Michigan Metro Population: 2,532,500 Projected Annual Job Growth: 2.6% Fort Collins, Colorado Metro Population: 325,300 Projected Annual Job Growth: 2.3% “DRIVING Transformation, POWERING Growth” USA 2015 Information for Mid-Tier Companies Development Programme - Part 2 MATRADE will work closely with you throughout this journey “DRIVING Transformation, POWERING Growth” PHASE 1 (Month 1-3) Understanding your export priorities and challenges PHASE 1 1 (Month 4-9) Implementation of customised MTCDP activities For more information or to refer a mid-tier company to join the MTCDP, please contact: Mid-Tier Companies Development Unit Exporters Development Division Tel:+60362077077 Email:midtier@matrade.gov.my * Only applicable if the participating company requires it MITI Weekly Bulletin / www.miti.gov.my Malaysia Welcomes the World! MM2H FACT Malaysia My Second Home (MM2H) Programme is promoted by the Government of Malaysia to allow foreigners who fulfill certain criteria, to stay in Malaysia for as long as possible on a multiple-entry social visit pass. Number of Participations Approved 4,000 3,675 3,000 2,000 2,615 1,645 1,000 1,917 2,387 1,729 3,227 3,074 1,578 1,503 1,512 1,499 818 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 The Social Visit Pass is initially for a period of ten (10) years, and is renewable. Eligibility It is open to citizens of all countries recognized by Malaysia regardless of race, religion, gender or age. Applicants are allowed to bring their spouses and unmarried children below the age of 21 as dependents. Summary of participating countries by region Source: http://www.mm2h.gov.my/index.php/en/home/programme/statistics MITI Weekly Bulletin / www.miti.gov.my “DRIVING Transformation, POWERING Growth” Top 10 Participating Countries January - December 2014 Malaysian Ringgit Exchange Rate with Euro and Singapore Dollar EUR = RM 4.60 4.50 4.40 4.30 4.20 4.10 4.00 3.90 3.80 3.70 3.60 SGD = RM 3.00 1 EUR = RM 4.52 2.90 2.80 2.70 2.60 2.50 1 SGD = RM 2.90 2.40 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 2014 2.30 2015 Source : Bank Negara, Malaysia Gold Prices, 8 May - 11 September 2015 Gold US$/Gram 40.0 38.4 38.0 37.0 36.0 35.4 11 Sep 4 Sep 28 Aug 21 Aug 14 Aug 7 Aug 31 Jul 24 Jul 16 Jul 10 Jul 3 Jul 26 Jun 19 Jun 12 Jun 5 Jun 29 May 22 May 8 May 34.0 15 May 35.0 Source : http://www.gold.org/investments/statistics/gold_price_chart/ Silver and Platinum Prices, 8 May - 11 September 2015 US$/Oz Silver 18.0 1,200.0 17.5 1,150.0 17.0 16.5 1,100.0 16.0 16.5 15.5 1,142.0 1,050.0 15.0 1,000.0 14.5 14.0 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 13.5 Source : http://www.hardassetsalliance.com/charts/silver-price/usd/oz MITI Weekly Bulletin / www.miti.gov.my 950.0 900.0 987.0 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 14.5 13.0 Platinum US$/Oz Source : http://www.hardassetsalliance.com/charts/platinum-price/usd/oz “DRIVING Transformation, POWERING Growth” 39.0 Number and Value of Preferential Certificates of Origin (PCOs) Number of Certificates (Provisional data) 19 Jul 2015 26 Jul 2015 2 Aug 2015 9 Aug 2015 16 Aug 2015 23 Aug 2015 30 Aug 2015 6 Sep 2015 AANZFTA 582 601 978 689 942 1,040 916 727 AIFTA 413 624 765 573 742 724 780 577 AJCEP 148 221 153 267 112 211 210 195 ATIGA 3,066 3,212 4,152 4,374 4,399 4,422 4,358 4,506 ACFTA 1,076 1,022 1,646 1,267 1,300 1,505 1,461 1,242 AKFTA 677 740 649 692 739 912 744 755 MICECA 190 336 308 312 289 336 305 239 MNZFTA 2 4 9 12 15 3 3 2 MCFTA 35 64 56 74 53 110 71 65 MAFTA 288 371 351 429 396 449 436 318 MJEPA 637 763 672 759 764 815 966 771 MPCEPA 110 130 143 143 184 186 170 109 GSP 93 76 155 94 117 160 129 144 - - 0 0 93 239 283 152 MTFTA Notes: The preference giving countries under the GSP scheme are Cambodia, the Russian Federation, Japan, Switzerland and Norway. ATIGA: ASEAN Trade in Goods Agreement (Implemented since 1 May 2010) 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) AIFTA: ASEAN-India Free Trade Agreement (Implemented since 1 January 2010) Value of Preferential Certificates of Origin 5,000 250 4,500 4,000 200 150 RM million RM million 3,500 100 3,000 2,500 2,000 1,500 1,000 50 500 0 0 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep AANZFTA 126 80 182 69 85 99 85 78 AIFTA 113 222 221 165 153 153 209 188 AJCEP 50 95 57 102 47 71 58 91 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep ATIGA 525 719 1,352 843 997 783 1,272 754 ACFTA 410 547 830 850 4,575 982 557 435 AKFTA 126 261 413 235 133 137 160 172 180 200 160 140 150 RM million RM million 120 100 50 100 80 60 40 0 20 0 -50 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep MICECA 22.77 50.64 34.72 46.07 48.23 56.30 47.98 47.81 MNZFTA 0.03 0.03 0.47 0.43 0.42 0.08 0.10 0.01 MCFTA 9.20 22.57 27.61 9.65 6.82 12.65 24.53 43.73 MAFTA 25.91 37.01 29.09 37.00 185.99 41.61 35.63 30.60 Source: Ministry of International Trade and Industry, Malaysia MITI Weekly Bulletin / www.miti.gov.my 20 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep MJEPA 111 123 97 109 147 162 162 113 MPCEPA 12 20 46 40 63 69 41 11 GSP 13 18 27 18 20 27 21 32 0 0 35 68 89 112 MTFTA “DRIVING Transformation, POWERING Growth” MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008) MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006) MICECA: Malaysia-India Comprehensive Economic Cooperation Agreement (Implemented since 1 July 2011) MNZFTA: Malaysia-New Zealand Free Trade Agreement (Implemented since 1 August 2010) MCFTA: Malaysia-Chile Free Trade Agreement (Implemented since 25 February 2012) MAFTA: Malaysia-Australia Free Trade Agreement (Implemented since 1 January 2013) MTFTA: Malaysia-Turkey Free Trade Agreement (Implemented since 1 August 2015) AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement (Implemented since 1 January 2010) Commodity Prices Commodity Crude 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) 11 Sep 2015 (US$) 44.6 503.5 249.0 1,281.5 2,021.6 47.3 250 (high) 230 (low) % change* 3.2 0.6 1.5 5.3 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 0.6 unchanged unchanged unchanged Highest and Lowest Prices, 2014/2015 Crude Petroleum (11 Sep 2015) US$44.6 per bbl Highest (US$ per bbl) Lowest (US$ per bbl) 2015 29 May 2015: 60.3 2015 21 Aug 2015: 40.5 2014 13 June 2014: 107.6 2014 26 Dec 2014: 54.6 Average Domestic Prices, 11 Sep 2015 Billets (per MT) RM1,300 - RM1,350 Crude Palm Oil (11 Sep 2015) US$503.5 per MT Highest (US$ per MT) Lowest (US$ per MT) 2015 16 Jan 2015: 701.0 2015 4 Sep 2015: 500.5 2014 14 Mar 2014: 982.5 2014 26 Dec 2014: 664.0 Steel Bars (per MT) RM1,600 - RM1,700 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. MITI Weekly Bulletin / www.miti.gov.my “DRIVING Transformation, POWERING Growth” 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 Commodity Price Trends Crude Palm Oil 1,600 680 1,550 660 1,550.0 1,499.0 1,500 661.5 658.5 648.5 640 1,451.0 1,446.5 1,450 639.5 1,407.5 622.5 600 1,400 US$/mt 630.5 620 US$/mt Rubber SMR 20 700 599.5 580 577.5 1,343.5 1,341.5 1,350 1,302.5 1,300 560 1,285.0 1,281.5 1,250 551.0 540 1,396.0 1,216.5 1,200 520 503.5 512.5 500 1,150 500.5 480 1,100 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep Cocoa Black Pepper 2,300 8,500 7,822 2,231.5 USD/ tonne 2,197.7 2,183.8 2,150 7,2867,267 7,000 6,864 6,515 5,740 5,843 5,500 2,058.0 2,047.3 2,050 2,033.5 5,000 2,021.6 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 2014 2,000 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep Raw Sugar Crude Petroleum 65 270 263.3 260 265.8 63.0 63.3 59.6 59.7 60 266.8 55 254.8 60.3 58.7 57.5 56.9 54.6 240 245.3 242.0 240.0 US$/bbl 249.0 248.3 US$/mt 2015 * until 11 September 2015 280 250 6,973 6,742 6,245 5,779 19 Jun 26 Jun 3 Jul 7,148 7,063 6,469 6,500 6,000 2,094.5 7,296 7,507 2,115.5 2,100 7,853 7,806 7,894 7,707 7,500 2,207.6 2,195.2 2,200 2,188.9 US$/mt 7,967 8,000 2,250.9 2,250 52.7 50 52.2 50.9 48.1 234.0 230 228.5 228.0 45 48.6 50.1 49.0 49.6 48.1 47.1 45.5 45.2 46.1 43.9 220 44.6 42.5 40 40.5 210 Crude Petroleum (WTI)/bbl 35 200 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep Crude Petroleum (Brent)/bbl 19 Jun 26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank. MITI Weekly Bulletin / www.miti.gov.my “DRIVING Transformation, POWERING Growth” 26 Jun Commodity Price Trends Copper Aluminium 2,100 2,056 2,030 7,400 7,291 7,200 2,000 1,946 1,909 1,800 1,819 1,815 1,727 1,804 1,774 1,751 1,700 1,705 1,695 6,446 6,295 6,200 6,042 5,940 6,000 5,831 5,833 5,729 5,457 5,400 5,127 5,200 1,548 5,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 2014 6,650 6,400 5,600 1,640 1,500 6,713 6,737 6,674 5,800 1,688 1,600 6,872 6,821 6,600 1,818 1,839 1,811 6,891 6,800 US$/ tonne 1,900 US$/ tonne 7,000 1,990 1,948 7,113 7,002 7,149 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 2015 2014 2015 49.0 19,401 19,118 19,000 18,629 18,600 48.0 18,035 47.5 17,000 17,374 47.5 47.0 47.3 47.3 47.3 15,812 15,807 15,678 15,000 14,849 14,101 14,204 13,756 13,000 47.2 47.3 47.3 46.0 14,574 US$/mt US$/ tonne 15,962 45.0 13,511 12,831 45.3 12,825 45.3 44.9 45.0 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 44.0 11,000 11,413 10,386 43.0 9,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 2014 42.0 2015 26 Jun Iron Ore Scrap Iron 140.0 300 130.0 128.1 290 121.4 280.0 280 270.0 270.0 US$/mt 120.0 270.0 110.0 111.8 100.6 260.0 250.0 250.0 260.0 260.0 250.0 250.0 250.0 250.0 230.0 230 230.0 220 230.0 230.0 Scrap Iron/MT(Low) 74.0 68.0 70.0 68.0 63.0 60.0 58.0 63.0 56.0 52.0 52.0 40.0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 200 24 Apr 8 May 15 May 29 May 5 Jun 19 Jun 81.0 82.4 50.0 210.0 92.6 92.7 60.0 220.0 Scrap Iron/MT (High) 90.0 96.1 80.0 240.0 240 210 114.6 100.0 260.0 260 250 280.0 US$/dmtu 270 270.0 280.0 3 Jul 24 Jul 7 Aug 14 Aug 28 Aug 11 Sep 2014 2015 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. MITI Weekly Bulletin / www.miti.gov.my “DRIVING Transformation, POWERING Growth” Coal Nickel MrCendol (M) Sdn Bhd The Rise of Mr Cendol MITI Weekly Bulletin / www.miti.gov.my boosted further when response was even better than their first outlet. By 2009, Mr Cendol had grown to a total of 7 outlets. As business grew, the problems began. He faced the same issues that other growing businesses faced – staffing, logistics and production. As business kept getting better, he needed more and more capital to sustain growth and demand. He needed a centralised production centre to become more efficient. He needed new equipment, in short, he needed money. He started looking for financing options. He discovered that nobody at the banks had any time for him. When they did, he was not taken seriously. He spent 2 years fruitlessly trying to convince the banks to help. He finally found out about a bank called SME Bank in Ipoh and the rest, as they say, is history. With SME Bank on board, Ling was able to build a 5,600 sq ft centralised kitchen from where all his products are produced. A training centre was set up to train staff in order to maintain high standards in quality. New outlets in strategic locations sprang up throughout the state of Perak, targeting high density and traffic areas such as Petrol Stations (i.e. Caltex, Esso & Petronas )and Hypermarkets ( i.e. Giant & Econsave ) and Mr Cendol was soon even opening outlets in neighbouring Selangor and Kuala Lumpur. Today Mr Cendol continues to come up with innovative products, such as ice blended cendol drinks and frozen take-aways which customers can take home to enjoy. They are starting to market their business as a franchise and have even registered their trademark in some overseas countries for business expansion in the future. See more at: http://www.yoursuccessourstory.com/story05. html#page=page-1 “DRIVING Transformation, POWERING Growth” Mr Ling Wang Bang is one entrepreneur who has done it all. Growing up in the small town of Ayer Tawar in Perak, he grew up with just one ambition – to become a successful businessman. At the tender age of 18 years of age he was already peddling chinese traditional herbs and medicines. A few years later he decided to become an insurance agent, trying to catch the growing wave of personal and life insurance at the time. His drive and determination helped him to succeed, within 5 years, at the young age of 28, he was already at managerial level. Where some might be sitting back to reflect on such personal success, Ling was just getting started. He improved himself by taking a distance-learning course in business management, and obtained his MBA. This is a man with a plan! Always looking for opportunities, he next saw the next big thing in futsal which was growing in popularity. With help from his father who was a carpenter, he built his own futsal court. While waiting for business to pick up, he went around town looking for further business opportunities and found a garments factory that was willing to sell him rejected clothing for very low prices. He made good profits selling these around the area. In fact business was so good that he soon finished all the stocks he had, and there was no more to sell. Thus far Ling had been able to do business without needing too much capital. This will soon change, as in 2005 he bought the recipe for making cendol from a friend who had been doing this roadside business since 1952. He set about looking for a way to make this latest endeavour a success. He decided to modernise this traditional business and so Mr Cendol was born. From the onset he took a gamble. Along with an investor/friend, he put in a total of RM30,000 to set up a small kiosk in a hypermarket in town. And so with just his cendol seller friend to help, Mr Cendol started business. And it was a success! In the first month the business made a turnover of RM6,000. It was a fresh, great concept and it was becoming popular. Six months later, when a new supermarket opened in town, he was approached to set up another outlet. So they confidently invested in a second kiosk. And their confidence was Comments on the Proactive Economic Measures by YB Dato’ Sri Mustapa Mohamed Minister of International Trade and Industry 1. I welcome the announcement made by YAB PM on the proactive economic measures. The decision to adopt these measures is a reflection of the government’s commitment to assist and facilitate Malaysian businesses in these challenging economic times. 2. The Working Capital Guarantee Scheme of RM2 billion for SMEs is in addition to the RM5 billion Services Sector Guarantee Scheme announced on 1 April this year. 4. Through the 5-30% import duty exemption given to 90 items in the manufacturing sector, manufacturers will be able to reduce the cost of production. These products include spare-parts, consumables and testing equipment which are not produced locally. The cost of doing business has gone up and this exemption will help alleviate the issues faced. 5. Under the 10th Malaysia Plan, Domestic Investment Strategic Fund (DISF) was launched by YAB Prime Minister on 3 July 2012 with an allocation of RM1 billion to attract domestic investment, encourage research & development, provide training in new and emerging technologies, and to accelerate Malaysian industries into the global supply chain. 6. As at 31 August 2015, 181 investment projects have been approved for DISF with grants totaling RM747.5 million. The beneficiaries of this scheme were from various industries and sectors including Electrical & Electronics, machinery, transport, services, chemical, oil & gas and food industries. 7. This additional DISF fund is expected to assist MIDA to drive domestic investment in the country and to accelerate the transition of domestic companies into industries which are high value-added, high technology, knowledge-intensive and innovation-based. 8. The additional RM9 million promotional fund will assist MIDA to intensify its investment promotion initiatives to Singapore, Europe, Japan, Korea, Middle East, China and the United States. These efforts will focus on targeted sectors including IC design, semiconductor, medical devices, pharmaceuticals, biotechnology, aerospace, healthcare, halal, petrochemicals (specialty chemicals & chemical derivatives), advanced chemicals / materials & rubber based products / specialised rubber, renewable energy, energy efficiency and waste management. 9. Malaysia has one of the most resilient and sound economic fundamentals in the region. It is hoped that with this shot in the arm, our domestic industry will be able to sustain economic growth. MITI Weekly Bulletin / www.miti.gov.my Ministry of International Trade and Industry Malaysia 14 September 2015 “DRIVING Transformation, POWERING Growth” 3. The additional RM2 billion is for sectors especially manufacturing. This will assist viable SMEs to gain access to finance and maintain their operations under current economic constraints. I have been having many engagements with SMEs and one of the issues that they face is on financing. This incentive will help sustain the momentum in business. Monetary Policy Statement At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.25 percent. The global economy continues to expand at a moderate pace. Although growth across the advanced economies has improved, it has remained modest. In most of Asia, while there has been a moderation in growth, domestic demand continues to support economic activity. Looking ahead, while the global economic recovery is expected to continue, the downside risks to growth have increased arising from the moderating growth momentum in the major emerging market economies, uncertainty in commodity prices and the heightened volatility in financial markets. Headline inflation averaged at 2.9% in June and July reflecting higher domestic fuel prices and the impact of the GST. Despite the weaker ringgit exchange rate, the impact on overall inflation has been limited by the lower commodity prices and the generally low global inflation. Moving forward, headline inflation is expected to peak in early 2016 and it will moderate for the remainder of the year. While global and domestic developments have continued to affect the ringgit exchange rate and domestic financial markets, overall domestic liquidity conditions remain stable. The financial system remains sound, with healthy growth in financing. Financial intermediation has therefore continued to support the economy. The ringgit exchange rate is being affected by global factors that are affecting many emerging and commodity producing economies. These factors include the weaker commodity prices, the strength of the U.S. dollar, and the uncertainty in the global financial markets. The ringgit exchange rate will reflect the underlying fundamentals of the economy when the external and domestic uncertainties recede. Bank Negara Malaysia will continue to ensure the orderly functioning of the money and foreign exchange markets. At the current level of the OPR, the stance of monetary policy remains accommodative and supportive of economic activity. The MPC recognises that there are heightened risks in the global economic and financial environment. These risks are being carefully monitored to assess their implications on macroeconomic stability and the prospects of the Malaysian economy. This is to ensure that the monetary policy stance is consistent with the sustainability of the overall growth prospects. Bank Negara Malaysia 11 September 2015 MITI Weekly Bulletin / www.miti.gov.my “DRIVING Transformation, POWERING Growth” For Malaysia, recent indicators suggest continued expansion in economic activity in the third quarter despite ongoing adjustments to external and domestic developments. Private consumption is expected to moderate as households continue to adjust to the implementation of the Goods and Services Tax (GST) and the more uncertain economic environment. Household spending will however be supported by wage growth and stable labour market conditions. Investment activity is projected to be led by capital spending in the manufacturing and services sectors, and ongoing infrastructure projects. The continued expansion in domestic demand is expected to contribute towards mitigating the weak performance of the external sector. Going forward, downside risks to growth, however, have risen amid greater uncertainty on both the global and domestic fronts. Of significance, Malaysia is entering this challenging period from a position of strength given the diversified sources of growth of the economy, low unemployment level, manageable level of external indebtedness, and a well-capitalised banking system. The assessment is therefore for the economic growth to remain within the region of 4.5 to 5.5 percent. MITI Programme Annual Meeting of the New Champions 2015 Dalian, China, 9 - 11 September 2015 “DRIVING Transformation, POWERING Growth” MITI Weekly Bulletin / www.miti.gov.my Malaysia had achieved the target of 1.8million visitors for the Expo Milano 2015, as of 2 September 2015. Name Designation Job Description Division Contact No Email : Sin Fong Leng : Assistant Auditor : Conduct audits at MITI and Agencies. : Internal Audit Office : 603-6200 0056 : flsin@miti.gov.my Name : Rosmiza Zainal Abidin Designation : Assistant Auditor Job Description : Conduct audits at MITI and Agencies. Division : Internal Audit Office Contact No : 603-6200 0057 Email: rosmiza@miti.gov.my MITI Weekly Bulletin / www.miti.gov.my “DRIVING Transformation, POWERING Growth” @ YOUR SERVICE 16 September Comments & Suggestions Dear Readers, Kindly click the link below for any comments in this issue. MWB reserves the right to edit and to republish letters as reprints. http://www.miti.gov.my/cms_matrix/form.jsp?formId=c1148fbf-c0a81573-3a2f3a2f-1380042c MITI Weekly Bulletin / www.miti.gov.my “DRIVING Transformation, POWERING Growth” FROM US WE SAY Happy Malaysia Day
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