Intra-Asean trade which has been on an increasing trend over the years is expected to surpass the global average by 2% to 3% this year, said Minister of International Trade and Industry Datuk Seri Mustapa Mohamed.
“Over the years we have seen a gradual increase in intra-Asean trade and investment. We had started with about 10% intra-Asean trade 20 years ago, and now it is about 24% to 25%, which is a big jump in terms of intra-Asean trade,” he told reporters after officiating the Asean Business Forum 2015 yesterday.
“This year, we are forecasting 2% to 3% growth in trade. We believe the fast-paced growth of Asean economies relative to others in the world, and trade growth in ASEAN is going to be higher than the global average,” he added, noting that the average global trade grew by 5.9% last year. In 2013, intra-Asean trade amounted to US$608.6 billion, accounting for 24.2% of total trade of the region, compared with US$458.1 billion in 2008, when the Asean Economic Community (AEC) Blueprint was first implemented.
Commenting on intra-Asean investment, he expects the market share of the global foreign direct investment (FDI) flow to gradually increase between 11% to 12%, from its current 10%.The total FDI inflows to Asean amounted to US$122.4 billion in 2013, representing the highest FDI flows into a region, globally, in which US$21.32 billion came from investments within Asean members.
Mustapa said he expects to see more investments coming from Singapore, Indonesia, Thailand and the Philippines this year, due to the country’s continuous economic stability and improvement in business landscape. Last year, the top-three Asean markets for Malaysia were Singapore, Thailand and Indonesia, with each recording 51%, 19% and 15% of the country’s total export share.The Asean market accounted for 26.8% of Malaysia’s total trade last year, valued at RM389.03 billion with an increase of 3.9% from 2013.
“We see this phenomenon growing in the next few years, more intra-Asean trade and more intra-Asean investments coming in,” he said, noting the Asean Business Forum is part of the government’s initiative to build awareness on the opportunities within Asean.
The Forum which aims to give participants an insight into Asean’s market needs and prospects, was attended by over 1,000 participants from all over the country.
Source : MITI, 13 March 2015
Intra-Asean Trade Booming
MITI Weekly Bulletin / www.miti.gov.my 01
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MALAYSIA
Monthly Manufacturing, Jan 2014 - Jan 2015
2,600
2,650
2,700
2,750
2,800
2,850
2,900
2,950
3,000
3,050
3,100
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
2014 2015
RM m
illio
n
RM m
illio
n
Sales Value Salaries and Wages Paid
1,029
1,034
2,781
2,886.3
2,550
2,600
2,650
2,700
2,750
2,800
2,850
2,900
2,950
3,000
1,015
1,020
1,025
1,030
1,035
1,040
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
2014 2015
RM('000
)
No of Employees Average Salary per Employee
Selected Key Indicators, 2014 & 20152014
(preliminary)2015
(forecast)Labour force (million persons) 14.0 14.4Employment (million persons) 13.6 14.0Unemployment (as % of labour force) 2.9 3.0Per Capita Income (RM) 34,123 35,572Real GDP (Growth %) 6.0 4.5 ~ 5.5Real GNI (Growth %) 6.0 5.2Trade Balance (Goods) 125.1 94.2Trade Balance (Services) -20.5 -16.4CPI (Consumer Price Index) 3.2 2.0 ~ 3.0
Source : Department of Statistics, Malaysia & Bank Negara Malaysia
Source : Department of Statistics, Malaysia
MITI Weekly Bulletin / www.miti.gov.my 02
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Industrial Production Index, Jan 2014 - Jan 2015
Export & Import Price Index, Jan 2014 - Jan 2015
119.5
110.5
123.5
118.8
80
90
100
110
120
130
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
2014 2015
IPI Mining Manufacturing Electricity
109.0
109.8110.0
109.2 109.3
108.8108.4
107.6
106.8106.6 106.5
105.5 105.4
103
104
105
106
107
108
109
110
111
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
2014 2015
Export Price Index
106.7
107.0
107.1
106.7
106.9
107.0
106.9
107.0
106.9
107.0
107.1
106.9
106.5
106.2
106.3
106.4
106.5
106.6
106.7
106.8
106.9
107.0
107.1
107.2
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
2014 2015
Import Price Index
Sales Value and Growth for Selected Manufacturing Industries, Jan 2014 and Jan 2015
Sales Value (RM million) Increase
Jan-14 Jan-15 RM million %
Manufacture of electrical capacitors and resistors 2,236.3 3,189.3 953.0 42.6
Manufacture of consumer electronics 2,295.4 2,624.7 329.3 14.3
Manufacture of plastics in primary forms 1,283.0 1,600.4 317.4 24.7
Manufacture of passenger cars 2,103.0 2,405.9 302.9 14.4Source : Department of Statistics, Malaysia
Source : Department of Statistics, Malaysia
Source : Department of Statistics, Malaysia
MITI Weekly Bulletin / www.miti.gov.my 03
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DiD You Know?Malaysia’s Trade in Wood, Jan 2014 - Jan 2015
Top Five Wood Export Destinations from Malaysia, 2014
Malaysia’s Wood Production 2013
2,147
2,473
2,2612,142 2,066 2,029
2,142
1,952
1,6911,865
2,075
0
500
1,000
1,500
2,000
2,500
3,000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
RM m
illio
n
Exports
117
101
137
80
110
43
54
85
59
47
68
0
20
40
60
80
100
120
140
160
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
RM m
illio
n
Imports
1,275.2
232.4 211.7 160.594.4
0
200
400
600
800
1,000
1,200
1,400
India Taiwan China Japan Viet Nam
RM m
illio
n
4.08
2.50
0.380.08
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
Logs Sawn Timber Plywood Mouldings
mill
ion
cubi
c m
etre
(m3 )
Source : Department of Statistics, Malaysia HS Code : 4403 (Wood, in the rough)
HS Code : 4403 (Wood, in the rough)Source : Department of Statistics, Malaysia
Source : Jabatan Perhutanan Semenanjung Malaysia (Forestry)
MITI Weekly Bulletin / www.miti.gov.my 04
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‘ASEAN and You’“D
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MITI Weekly Bulletin / www.miti.gov.my 05
1. Together, ASEAN’s ten member states form an economic powerhouse.
If ASEAN were a single country, it would already be the seventh-largest economy in the world, with a combined GDP of $2.4 trillion in 2013 . It is projected to rank as the fourth largest economy by 2050.
Labour-force expansion and productivity improvements drive GDP growth—and ASEAN is making impressive strides in both areas. Home to more than 600 million people, it has a larger population than the European Union or North America. ASEAN has the third-largest labour force in the world, behind China and India; its youthful population is producing a demographic dividend. Perhaps most important, almost 60 per cent of total growth since 1990 has come from productivity gains, as sectors such as manufacturing, retail, telecommunications, and transportation grow more efficient.
2. ASEAN is not a monolithic market.
ASEAN is a diverse group. Indonesia represents almost 40 per cent of the region’s economic output and is a member of the G20, while Myanmar, emerging from decades of isolation, is still a frontier market working to build its institutions. Although ASEAN is becoming more integrated, investors should be aware of local preferences and cultural sensitivities; they cannot rely on a one-size-fits-all strategy across such widely varying markets.
3. Macroeconomic stability has provided a platform for growth.
Memories of the 1997 Asian financial crisis linger, leading many outsiders to expect that volatility comes with the territory. But the region proved to be remarkably resilient in the aftermath of the 2008 global financial crisis, and today it is in a much stronger fiscal position: government debt is under 50 per cent of GDP—far lower than the 90 per cent share in the United Kingdom or 105 per cent in the United States.
4. ASEAN is a growing hub of consumer demand.
ASEAN has dramatically outpaced the rest of the world on growth in GDP per capita since the late 1970s. Income growth has remained strong since 2000, with average annual real gains of more than 5 per cent.
Already some 67 million households in ASEAN states are part of the “consuming class,” with incomes exceeding the level at which they can begin to make significant discretionary purchases. That number could almost double to 125 million households by 2025, making ASEAN a pivotal consumer market of the future.
5. ASEAN is well positioned in global trade flows.
ASEAN is the fourth-largest exporting region in the world, trailing only the European Union, North America, and China/Hong Kong. It accounts for 7 per cent of global exports—and as its member states have developed more sophisticated manufacturing capabilities, their exports have diversified.
Understanding ASEAN : 7 Things You Need to Know
MITI’s ASEAN Portal can be accessed via http://www.miti.gov.my/
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MITI Weekly Bulletin / www.miti.gov.my 06
The region sits at the crossroads of many global flows. Singapore is currently the fourth-highest-ranked country in the McKinsey Global Institute’s Connectedness Index, which tracks inflows and outflows of goods, services, finance, and people, as well as the underlying flows of data and communication that enable all types of cross border exchanges. Malaysia (18th) and Thailand (36th) also rank among the top 50 most connected countries. ASEAN is well positioned to benefit from growth in all these global flows.
6. Intraregional trade could significantly deepen with implementation of the ASEAN Economic Community, but there are hurdles.
Some 25 per cent of the region’s exports of goods go to other ASEAN partners, a share that has remained roughly constant since 2003.
Intraregional trade in goods—along with other types of cross-border flows—is likely to increase with implementation of the ASEAN Economic Community integration plan, which aims to allow the freer movement of goods, services, skilled labour, and capital. Progress has been uneven, however. While tariffs on goods are now close to zero in many sectors among the original six member states (Brunei, Indonesia, Malaysia, the Philippines, Singapore, and Thailand), progress on liberalization of services and investment has been slower, and nontariff barriers remain a stumbling block to freer trade.
While deeper integration among its member states remains a work in progress, ASEAN has forged free-trade agreements elsewhere with partners that include Australia, China, India, Japan, New Zealand, and South Korea. It is also party to the Regional Comprehensive Economic Partnership trade negotiations that would form a mega trading bloc comprising more than three billion people, a combined GDP of about $21 trillion, and some 30 per cent of world trade.
7. ASEAN is home to many globally competitive companies.
In 2006, ASEAN was home to the headquarters of 49 companies in the Forbes Global 2000. By 2013, that number had risen to 74. ASEAN includes 227 of the world’s companies with more than $1 billion in revenues, or 3 per cent of the world’s total .Singapore is a standout, ranking fifth in the world for corporate-headquarters density and first for foreign subsidiaries.
Consistent with this growth, foreign direct investment in ASEAN has boomed, surpassing its precrisis levels. In fact, the ASEAN-5 (Indonesia, Malaysia, the Philippines, Singapore, and Thailand) attracted more foreign direct investment than China ($128 billion versus $117 billion) in 2013. In addition to attracting multinationals, ASEAN has become a launching pad for new companies; the region now accounts for 38 per cent of Asia’s market for initial public offerings.
Despite their distinct cultures, histories, and languages, the ten member states of ASEAN share a focus on jobs and prosperity. Household purchasing power is rising, transforming the region into the next frontier of consumer growth. Maintaining the current trajectory will require enormous investment in infrastructure and human-capital development—a challenge for any emerging region but a necessary step toward ASEAN’s goal of becoming globally competitive in a wide range of industries. The ASEAN Economic Community offers an opportunity to create a seamless regional market and production base. If its implementation is successful, ASEAN could prove to be a case in which the whole actually does exceed the sum of its parts.
Understanding ASEAN : 7 Things You Need to Know (cont’d)
Source : McKinsey & Co
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MITI Weekly Bulletin / www.miti.gov.my 07
Macau Economic IndicatorsGDP
Q3 2014-2.1%
Unemployment RateJan 2015 1.70%Inflation Rate
Jan 20154.8%
GDP per capita 2013uSD 54.1 k
Consumer Price IndexJan 2015103.4
Exports, 85.6
Imports, 91.2
0
10
20
30
40
50
60
70
80
90
100
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
RM m
illio
n
Malaysia’s Trade with Macau, 2004 - 2014
Source : Department of Statistics, Malaysia
Source : www.tradingeconomics.com
2.45
2.50
2.55
2.60
2.65
2.70
3.80
3.90
4.00
4.10
4.20
4.30
4.40
4.50
4.60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
1 EUR = RM 1 SGD = RM1 SGD = RM 2.65
1 EUR = RM 4.08
Source : http://www.gold.org/investments/statistics/gold_price_chart/
Source : http://www.hardassetsalliance.com/charts/silver-price/usd/oz
Malaysian Ringgit Exchange Rate with Euro and Singapore Dollar
Gold Prices, 26 December 2014 - 13 March 2015
Silver Prices, 26 December 2014 - 13 March 2015
Source : Bank Negara, Malaysia
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MITI Weekly Bulletin / www.miti.gov.my 08
37.8
37.0 36.0
37.0
38.0
39.0
40.0
41.0
42.0
43.0
26 D
ec
2 Ja
n
9 Ja
n
16 Ja
n
23 Ja
n
30 Ja
n
6 Fe
b
13 F
eb
20 F
eb
27 F
eb
6 M
ar
13 M
ar
US$/Gram Gold
16.1
15.6
14.5
15.0
15.5
16.0
16.5
17.0
17.5
18.0
18.5
26 D
ec
2 Ja
n
9 Ja
n
16 Ja
n
23 Ja
n
30 Ja
n
6 Fe
b
13 F
eb
20 F
eb
27 F
eb
6 M
ar
13 M
ar
US$/Oz Silver
Source: Ministry of International Trade and Industry, Malaysia
Notes: The preference giving countries under the GSP scheme are Japan, Switzerland, the Russian Federation, Norway and Cambodia.
AJCEP: ASEAN-Japan Comprehensive Economic Partnership (Implemented since 1 February 2009) ACFTA: ASEAN-China Free Trade Agreement (Implemented since 1 July 2003) AKFTA: ASEAN-Korea Free Trade Agreement (Implemented since 1 July 2006)
AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement(Implemented since 1 January 2010)
AIFTA: ASEAN-India Free Trade Agreement (Implemented since 1 January 2010)
ATIGA: ASEAN Trade in Goods Agreement (Implemented since 1 May 2010)
MICECA: Malaysia-India Comprehensive Economic Cooperation Agreement (Implemented since 1 July 2011)
MNZFTA: Malaysia-New Zealand Free Trade Agreement (Implemented since 1 August 2010)MCFTA: Malaysia-Chile Free Trade Agreement (Implemented since 25 February 2012)MAFTA: Malaysia-Australia Free Trade Agreement (Implemented since 1 January 2013)
MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008)
MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006)
18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 MarAANZFTA 76 86 90 87 92 74 89 73AIFTA 132 139 143 120 240 122 126 136AJCEP 75 75 75 104 116 72 55 78
0
50
100
150
200
250
300
RM
mill
ion
18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 MarATIGA 4,904 546 773 631 11,127 9,861 4,055 596ACFTA 303 464 562 505 533 165 865 780AKFTA 166 184 327 1,064 487 592 1,795 117
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
RM
mill
ion
18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 MarMICECA 39.93 65.37 43.02 58.35 47.23 40.80 132.78 49.74MNZFTA 0.09 0.08 0.52 0.25 0.08 0.02 0.13 0.01MCFTA 24.98 9.42 14.72 7.43 8.30 5.61 9.29 6.00MAFTA 96.36 42.20 40.95 27.65 51.15 25.27 36.27 23.40
0
20
40
60
80
100
120
140
RM
mill
ion
18 Jan 2015 25 Jan 2015 1 Feb 2015 8 Feb 2015 15 Feb 2015 22 Feb 2015 1 Mar 2015 8 Mar 2015
AANZFTA 809 963 883 663 1,001 467 835 658AIFTA 584 531 558 559 521 485 467 561AJCEP 185 170 243 241 254 116 172 154ATIGA 4,297 3,775 4,693 4,081 4,287 2,648 3,695 4,107ACFTA 1,429 1,150 1,232 793 920 790 1,659 1,454AKFTA 629 767 760 665 823 610 643 765MICECA 266 302 311 307 344 236 278 297MNZFTA 3 6 13 7 6 2 5 1MCFTA 74 39 62 56 53 27 56 42MAFTA 376 417 450 341 481 206 360 259MJEPA 835 874 972 817 847 608 775 823MPCEPA 160 160 158 153 130 139 150 173GSP 112 163 196 104 152 73 170 104
18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 MarMJEPA 152 355 157 123 133 116 145 131MPCEPA 75 20 18 41 17 72 19 52GSP 17 28 24 414 43 14 22 75
50
0
50
100
150
200
250
300
350
400
450
RM
mill
ion
Value of Preferential Certificates of Origin
Number and Value of Preferential Certificates of Origin (PCOs)Number of Certificates
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MITI Weekly Bulletin / www.miti.gov.my09
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)13 Mar 2015
(US$) 44.8 673.5 291.0 1,412.5 2107.8 58.4 270 (high)250 (low)
% change* 9.6 2.7 5.6 unchanged 0.1 1.2 3.84.2
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
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MITI Weekly Bulletin / www.miti.gov.my10
Commodity Prices
Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated n.a Not availble
Source : Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group.
Highest and Lowest Prices, 2014/2015
Lowest (US$ per bbl)
Highest(US$ per bbl)
Crude Petroleum (13 March 2015)US$44.8 per bbl
201413 June 2014: 107.6
201426 Dec 2014: 54.6
20152 Jan 2015: 53.8
201513 Mar 2015: 44.8
Lowest (US$ per MT)
Highest(US$ per MT)
Crude Palm Oil (13 March 2015)US$673.5 per MT
201414 Mar 2014: 982.5
201426 Dec 2014: 664.0
201516 Jan 2015: 701.0
20156 Feb 2015: 621.0
Steel Bars(per MT)
RM1,850 - RM1,950
Average Domestic Prices, 13 Mar 2015
Billets(per MT)
RM1,450 - RM1,500
Source : Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.
Commodity Price Trends“D
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MITI Weekly Bulletin / www.miti.gov.my11
19,207
18,946
19,097 20,402
20,798
20,916
21,890
24,693 25,215
26,159 26,592
27,282
27,202
26,176
26,600
15,000
17,000
19,000
21,000
23,000
25,000
27,000
29,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2014 2015
RM/
tonn
e
Black Pepper
* until 13 March 2015
54.6 53.8
48.4
48.7
45.6
48.2
51.7
52.8
50.8
49.8 49.6
44.8
40
42
44
46
48
50
52
54
56
26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar
US$
/bbl
Crude Petroleum
2,280.4
2,280.4
2,117.5
2,187.8
2,065.2
1,958.9
2,003.9
2,060.0
2,113.7 2,124.6
2,110.4
2,107.8
1,900
1,950
2,000
2,050
2,100
2,150
2,200
2,250
2,300
2,350
26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar
US$
/mt
Cocoa
314.0
309.3
301.8
335.3
345.5
331.3
324.3
330.0 326.8
310.8
300.5
291.0
280
290
300
310
320
330
340
350
360
26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar
US$
/mt
Raw Sugar
664.0
699.2
696.1
701.0
682.0
645.0
621.0
685.0690.0 689.0
692.5
673.5
600
620
640
660
680
700
720
26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar
US$
/mt
Crude Palm Oil
1,470.5
1,520.5
1,453.0
1,396.5
1,406.0
1,384.5
1,418.5
1,426.5
1,419.5
1,438.0
1,412.0
1,412.5
1,350
1,370
1,390
1,410
1,430
1,450
1,470
1,490
1,510
1,530
26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar
US$
/mt
Rubber SMR 20
Source : Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.
Commodity Price Trends“D
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MITI Weekly Bulletin / www.miti.gov.my12
51.8 51.8
53.5
51.651.1
49.9
51.1
56.1
56.9
56.8
57.758.4
48.0
50.0
52.0
54.0
56.0
58.0
60.0
26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar
US$
/mt
Coal
128.1
121.4
111.8
114.6
100.6
92.7
96.192.6
82.4 81.0
74.068.0 68.0
63.0
50.0
60.0
70.0
80.0
90.0
100.0
110.0
120.0
130.0
140.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
US$
/dm
tu
Iron Ore
14,101 14,204
15,678
17,374
19,401
18,629 19,118
18,600 18,035
15,812 15,807
15,962
14,849 14,574
12,000
13,000
14,000
15,000
16,000
17,000
18,000
19,000
20,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
RM/
tonn
e
Nickel
320.0 320.0 320.0 320.0 320.0 320.0
330.0
320.0
280.0 280.0
260.0
270.0
300.0 300.0 300.0 300.0 300.0 300.0
320.0
300.0
250.0 250.0
240.0
250.0
220
240
260
280
300
320
340
360
21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 6 Feb 13 Feb 27 Feb 13 Mar
US$
/mt
Scrap Iron
Scrap Iron/MT (High) Scrap Iron/MT(Low)
* data not available from 16 - 30 Jan, 20 Feb and 6 Mar 2015
1,727
1,695 1,705
1,811
1,751
1,839
1,948
2,030 1,990
1,946
2,056
1,909
1,815
1,818
1,500
1,600
1,700
1,800
1,900
2,000
2,100
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
RM/
tonn
e
Aluminium
* until 9 March 2015
7,291
7,149
6,650 6,674
6,891
6,821
7,113 7,002
6,872
6,737
6,713
6,446
5,831
5,729 5,500
5,700
5,900
6,100
6,300
6,500
6,700
6,900
7,100
7,300
7,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
2014 2015
RM/
tonn
e
Copper
* until 9 March 2015
13
includes amongst others structuring of facilities under the Capital Markets and products development, training, Shariah governancesuch as Shariah Audit & Shariah Review services and also market research and provision of anaccredited
Abdul Raman Saad & Associates (ARSA) ARSA has an enviable position as a premier company in the world of Islamic finance.The homegrown company began operations as an independent commercial entity,namely ARSA Shariah that was formed in 2008 for the provision of services related to Shariah Finance. This was followed with the establishment of ARSA Consultantsin 2010 initially to cater for data compliance and training.“Due to increasing demand in Islamic finance, locally and globally and also the aspiration of the Government of Malaysia to be the Islamic financial hub, coupledwith the Islamic finance industry being still in its evolution stage – ARSA saw the potential ofproviding such services,” said ARSA’s Founder, Datuk Dr Abdul Raman Saad.Amongst the services are Shariah advisory, which
STRATEGIC ALLIANCES ARSA develops strategic alliances to support its business growth and operations on a global platform. Thecompany has embarked on the strategy of having a smart partnership with its existing service recipients tominimise the risks. Abdul Abdul Raman adds: “We will focus on our recipients who go regional, for example, we advise the Al-‘Aqar Reit and this Reit has expanded their business across borders to Indonesia and also Australia. By having our presence in Indonesia, the Reit will continue using our services albeit under the Indonesian jurisdiction.” Other forms of strategic alliance that it considers are joint ventures with global partners, informal co-operation, contractual alliances, minority investments and franchising. There are many unique offerings of ARSA that makes it stand out from the rest in the same field. He says: “Advising on various aspects of Reit exercises is one of our unique value propositions. “There are still not many players in the market who are well versed or have diverse experience in relation to Reit related cases especially in relation to Islamic Reit.” ARSA, through its group, has diverse experience advising on Reit from its inception till financing – be it through straight lending or sukuk exercise. ARSA as a group has also experienced handling the exercise of converting the conventional Reit to an Islamic Reit. This experience gives the company a competitive edge over other regional players in the market. He adds: “The public perception that Reit is only confined to real estate including land and building is not true. Telecommunication or broadcasting towers can be used as assets for listing under a Reit – that is part of our unique offering.”
Success Story
Abdul Raman Saad & Associates Level 8, Bangunan KWSP No. 3, Changkat Raja Chulan Off Jalan Raja Chulan 50200 Kuala Lumpur Malaysia Tel (+603) 2032 2323 Fax (+603) 2032 5775 Email [email protected]
Website : www.arsa.com.my
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Quality Investments in Malaysia 2014
Source : MIDA
Infineon is Germany’s largest semiconductor manufacturer and a global leader in semiconductors for the automotive, power management and hardware security industries. The company has a cumulative investment of RM11 billion at three entities in Malaysia. The company is investing into expansions at all three companies including:
- Infineon Technologies (Kulim) Sdn Bhd: Infineon’s first wafer fabrication facility in Asia presently employs 1,800 staff. The company has plans to double its production capacity by expanding its operations and adding another additional 12,000 sqm fab facility.
- Infineon Technologies (Malaysia) Sdn Bhd: Infineon’s largest assembly and test facility in Melaka for discrete semiconductors, power semiconductors and sensor products. The facility currently employs more than 5,700 staff.
- Infineon Technologies (Advanced Logics) Sdn Bhd: Infineon’s assembly and test facility in Melaka for logic ICs, power semiconductors. It presently employs more than 1,900 staff.
The investments include the establishment of a Competence Centre for Megatrend Technologies in Kulim and the expansion of a Development Centre in Melaka. Both these initiatives will create more high-tech job opportunities for Malaysians. The Development Centre focuses on R&D competencies in areas of innovative IC packaging solutions, testing and product development.
Infineon is also collaborating with local universities such as Universiti Teknikal Malaysia Melaka (UTEM), Multimedia University (MMU), Universiti Kebangsaan Malaysia (UKM) and the German Malaysian Institute (GMI) in areas of talent development such as the Engineering Booster Program and German Dual Vocational Program in industrial management.
* 10-year forecast subject to change** Employment data to date
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