19 January 2021 | NO. ISSN :2180-0448 MITI THROUGH MIDA ...
23
MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur Tel:+603-8000 8000 Fax: +603-6202 9446 MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY Weekly Weekly BULLETIN BULLETIN VOLUME 621 VOLUME 621 19 January 2021 | NO. ISSN :2180-0448 19 January 2021 | NO. ISSN :2180-0448 MEDIA RELEASE Deputy Minister of International Trade and Industry, YB Datuk Lim Ban Hong urges local Small and Medium Enterprises (SMEs) keen to explore ways to transform and diversify their businesses in becoming more resilient, to reach out to Domestic Investment Coordination Platform (DICP) and SME Desk under the Malaysian Investment Development Authority (MIDA), also a MITI agency, for assistance. DICP plays significant role in providing the missing link between businesses, funding, technology and research capability. The DICP team works closely with local regulators, technology providers, financial institutions including equity and corporate advisory firms to facilitate SMEs and local companies to grow their businesses; subsequently, driving more Domestic Direct Investment (DDI) in the country. The team also engages with R&D institutions for the commercialisation of their projects. Besides business- to-business facilitation, the team also organises seminars and forums on alternative financing, in collaboration with financial institutions, equity and venture capital firms. Through DICP, local companies will be facilitated to expand and ultimately contribute to the country’s domestic investments. "DICP plays an important role in enhancing the competitiveness of local SMEs to be on par with global businesses, while motivating more local companies to have regional conceptual thinking, and encouraging local companies to leverage on the signing of Regional Comprehensive Economic Partnership (RCEP) by collaborating with partners from around the region,” Lim said. To further enhance domestic investments, MIDA has established a dedicated SME Desk in its Headquarters and all its State Offices throughout Malaysia. The Desk operates as a One-Stop- Centre for SMEs at the state level to obtain guidance and advice on the Government’s initiatives and facilities. The support aims to enhance SME’s business collaborations through supply chain networks locally, regionally and globally. “SME Desk’s establishment underscores the government’s commitment to facilitate domestic investments and advocate the coordination of supply chains between Malaysian companies, including SMEs with multinational corporations (MNCs) and large local companies (LLCs),” Lim shared. This initiatives by MITI through MIDA will strengthen local SME’s roles as the backbone of the economy, especially as the country mitigates the impact of the COVID-19 pandemic. SMEs in Malaysia represent 98.5 per cent of businesses in Malaysia and employ about 70 per cent of the country’s workforce. “It is important to note that in the first nine months of 2020, Malaysia’s DDI has been the leading investment performance in the country. Malaysia recorded a total of RM109.8 billion worth of investments in the manufacturing, services and primary sectors involving 2,935 projects that will create 64,701 jobs opportunities in Malaysia,” Lim explained. Of these, DDI accounted for 61.2 per cent of total investments, or RM67.2 billion, while Foreign Direct Investments (FDI) made up the remaining RM42.6 billion. DDI led the total approved investments in the services sector, contributing RM40.6 billion (94.9%). In contrast, DDI in the manufacturing sector saw a leap of 45.5 per cent to RM25.9 billion compared to the corresponding period last year. Encouraging DDIs in the country will lead to strengthening Malaysian companies’ capabilities in various aspects, particularly manufacturing, so in the long run, these homegrown companies will grow to be global MNCs. Focusing on building local companies’ capabilities will also have a direct impact to creating a pool of high-skilled talents among Malaysians. Ministry of International Trade and Industry (MITI) Sunday, 10 January 2020 MITI THROUGH MIDA PROVIDES SPECIALISED SERVICES MITI THROUGH MIDA PROVIDES SPECIALISED SERVICES DEDICATED TO HELPING LOCAL SMES TRANSFORM AND DEDICATED TO HELPING LOCAL SMES TRANSFORM AND DIVERSIFY TO BE MORE RESILIENT DIVERSIFY TO BE MORE RESILIENT
Transcript of 19 January 2021 | NO. ISSN :2180-0448 MITI THROUGH MIDA ...
MITI WEEKLY BULLETTIN1
MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala LumpurTel:+603-8000 8000 Fax: +603-6202 9446
MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY
WeeklyWeekly BULLETINBULLETINVOLUME 621VOLUME 621
19 January 2021 | NO. ISSN :2180-044819 January 2021 | NO. ISSN :2180-0448
ME
DIA
RE
LE
AS
E
Deputy Minister of International Trade and Industry, YB Datuk Lim Ban Hong urges local Small and Medium Enterprises (SMEs) keen to explore ways to transform and diversify their businesses in becoming more resilient, to reach out to Domestic Investment Coordination Platform (DICP) and SME Desk under the Malaysian Investment Development Authority (MIDA), also a MITI agency, for assistance.
DICP plays significant role in providing the missing link between businesses, funding, technology and research capability. The DICP team works closely with local regulators, technology providers, financial institutions including equity and corporate advisory firms to facilitate SMEs and local companies to grow their businesses; subsequently, driving more Domestic Direct Investment (DDI) in the country. The team also engages with R&D institutions for the commercialisation of their projects. Besides business-to-business facilitation, the team also organises seminars and forums on alternative financing, in collaboration with financial institutions, equity and venture capital firms. Through DICP, local companies will be facilitated to expand and ultimately contribute to the country’s domestic investments.
"DICP plays an important role in enhancing the competitiveness of local SMEs to be on par with global businesses, while motivating more local companies to have regional conceptual thinking, and encouraging local companies to leverage on the signing of Regional Comprehensive Economic Partnership (RCEP) by collaborating with partners from around the region,” Lim said.
To further enhance domestic investments, MIDA has established a dedicated SME Desk in its Headquarters and all its State Offices throughout Malaysia. The Desk operates as a One-Stop-Centre for SMEs at the state level to obtain guidance and advice on the Government’s initiatives and facilities. The support aims to enhance SME’s business collaborations through supply chain networks locally, regionally and globally.
“SME Desk’s establishment underscores the government’s commitment to facilitate domestic investments and advocate the coordination of supply chains between Malaysian companies, including SMEs with multinational corporations (MNCs) and large local companies (LLCs),” Lim shared.
This initiatives by MITI through MIDA will strengthen local SME’s roles as the backbone of the economy, especially as the country mitigates the impact of the COVID-19 pandemic. SMEs in Malaysia represent 98.5 per cent of businesses in Malaysia and employ about 70 per cent of the country’s workforce.
“It is important to note that in the first nine months of 2020, Malaysia’s DDI has been the leading investment performance in the country. Malaysia recorded a total of RM109.8 billion worth of investments in the manufacturing, services and primary sectors involving 2,935 projects that will create 64,701 jobs opportunities in Malaysia,” Lim explained.
Of these, DDI accounted for 61.2 per cent of total investments, or RM67.2 billion, while Foreign Direct Investments (FDI) made up the remaining RM42.6 billion. DDI led the total approved investments in the services sector, contributing RM40.6 billion (94.9%). In contrast, DDI in the manufacturing sector saw a leap of 45.5 per cent to RM25.9 billion compared to the corresponding period last year.
Encouraging DDIs in the country will lead to strengthening Malaysian companies’ capabilities in various aspects, particularly manufacturing, so in the long run, these homegrown companies will grow to be global MNCs. Focusing on building local companies’ capabilities will also have a direct impact to creating a pool of high-skilled talents among Malaysians.
Ministry of International Trade and Industry (MITI)Sunday, 10 January 2020
MITI THROUGH MIDA PROVIDES SPECIALISED SERVICES MITI THROUGH MIDA PROVIDES SPECIALISED SERVICES DEDICATED TO HELPING LOCAL SMES TRANSFORM AND DEDICATED TO HELPING LOCAL SMES TRANSFORM AND
DIVERSIFY TO BE MORE RESILIENTDIVERSIFY TO BE MORE RESILIENT
MITI WEEKLY BULLETTIN2
MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala LumpurTel:+603-8000 8000 Fax: +603-6202 9446
Me
dia
Re
lea
se
Perdana Menteri Tan Sri Muhyiddin Yassin hari ini memberi jaminan bahawa aktiviti ekonomi negara akan terus berfungsi sepanjang tempoh darurat namun tertakluk kepada pematuhan prosedur operasi standard (SOP) dan penguatkuasaan Perintah Kawalan Pergerakan.
Malah, beliau menegaskan bahawa kerajaan akan turut memastikan aktiviti ekonomi tidak terhenti agar rakyat dapat terus bekerja manakala perniagaan, perdagangan dan industri mampu beroperasi seperti biasa.
“Kerajaan juga komited untuk memastikan amalan-amalan tadbir urus terbaik terus diamalkan sepanjang tempoh pelaksanaan darurat ini.
“Organisasi kawal selia negara yang diiktiraf di peringkat antarabangsa iaitu Bank Negara Malaysia, Suruhanjaya Sekuriti Malaysia dan Bursa Malaysia akan terus memainkan peranan mereka sebagai pemangkin pengawal selia dan pemudah cara syarikat dan pasaran,” kata beliau dalam perutusan khas darurat yang disiarkan secara langsung menerusi stesen televisyen tempatan hari ini.
Terdahulu, Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah memberi perkenan Pengisytiharan Proklamasi Darurat yang dilaksanakan sehingga 1 Ogos sebagai langkah proaktif membendung wabak COVID-19 di negara ini.
Dalam pada itu, Perdana Menteri juga menjelaskan kepada pihak berkepentingan bahawa Malaysia masih terbuka untuk perniagaan dalam menghadapi masa yang mencabar ini.
“Tempoh darurat ini akan memberi kita ketenangan dan kestabilan yang diperlukan selain membolehkan kita menumpukan usaha pemulihan ekonomi dan pertumbuhan.
“Kita kekal komited terhadap tadbir urus yang baik dalam tempoh-tempoh ini dan mempunyai ekosistem pengawalseliaan yang kukuh dan dinamik,” kata beliau.
Muhyiddin berkata kerajaan telah menggerakkan strategi enam peringkat sejak Mac tahun lepas yang turut disertakan dalam Belanjawan 2021 dan mampu memacu semula ekonomi.
Kestabilan yang berterusan itu sudah pasti akan membolehkan negara kekal bertahan serta dapat membina landasan pemulihan ekonomi yang telah diusahakan secara gigih sejak tahun lepas, kata Perdana Menteri.
BERNAMASELASA, 12 JANUARI 2021
AKTIVITI EKONOMI NEGARA TERUS BERFUNGSI SEPANJANG AKTIVITI EKONOMI NEGARA TERUS BERFUNGSI SEPANJANG TEMPOH DARURATTEMPOH DARURAT
MITI WEEKLY BULLETTIN3
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Ma
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ia S
tati
stic
sSales value of Wholesale & Retail Trade recorded RM110.4 billion in November
2020 to register -1.2 per cent year-on-year. This was due to Retail Trade which contracted 2.3 per cent (-RM1.1 billion). Similarly, Wholesale Trade also recorded a decrease of 0.7 per cent (-RM0.4 billion). On the other hand, Motor Vehicles continued a positive growth of 1.2 per cent or an increase of RM0.1 billion.
WHOLESALE & RETAIL, NOV 2020WHOLESALE & RETAIL, NOV 2020
MITI WEEKLY BULLETTIN4
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Ma
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ia S
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s
Malaysia’s Manufacturing sales in October 2020 stood at RM122.0 billion, grew 2.2 per cent as compared to RM119.4 billion reported a year ago. On month-on month growth, the sales value went up by 0.6 per cent (RM0.8 billion) while in a
RUBBER STATISTICS, NOV 2020RUBBER STATISTICS, NOV 2020Malaysia’s natural rubber production in November 2020 amounted
42,554 tonnes, decreased 19.7 per cent as compared to 53,019 tonnes in November 2019 and also decreased by of 14.8 per cent from last month. Smallholdings sector was the main contributor to the natural rubber production of 90.1 per cent. Production of smallholdings decreased by 19.3 per cent while estate sector decreased by 23.5 per cent as compared to November 2019.
MITI WEEKLY BULLETTIN5
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Inte
rnat
ion
al R
ep
ort
Source: World Trade Report 2020http://www.wto.org
WORLD ANTI-DUMPING (2009 - 2018)WORLD ANTI-DUMPING (2009 - 2018)
ANTI-DUMPING MEASURES BY PRODUCT CATEGORIESANTI-DUMPING MEASURES BY PRODUCT CATEGORIES
NUMBER OF ANTI-DUMPING MEASURES IMPOSED OVER TIMENUMBER OF ANTI-DUMPING MEASURES IMPOSED OVER TIME
MITI WEEKLY BULLETTIN6
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Source: https://www.trademap.org/index.aspx
Inte
rnat
ion
al M
erc
ha
nd
ise
Tra
de
INDIA
US$ 162.52m
17.3%
22INDONESIA
US$ 107.50m
11.5%
33
55USA
US$ 63.21m7.7%
44SINGAPOREUS$ 71.90m
7.7%
MALAYSIA US$ 222.14m
23.7%
11
WORLD LARGEST EXPORTER OF PALMITIC ACID, STEARIC ACID, THEIR SALTS AND ESTERS
In 2019, Malaysia’s export of Palmitic acid, stearic acid, their salts and esters recorded US$ 222.14 Million which was 23.7% share of the world exports.
11 USA
US$ 76.90m
22 Japan
US$ 18.72m
33Belgium
US$ 18.39m
44P.R.China
US$ 12.43m55
Canada US$ 9.06m
Notes: - *HS291570 - % refer to share in world exports
MALAYSIA’S MALAYSIA’S TOP FIVE TOP FIVE EXPORT EXPORT
DESTINATIONSDESTINATIONS
MITI WEEKLY BULLETTIN7
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Number and FOB Value of PCO as at 10 January 2021Weekly / Monthly/ Annually
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
40 41 42 43 44 45 46 47 48 49 50 51 52 53 1
2020 2021
Total No of CO
TOTAL BILATERAL TOTAL REGIONAL
0.0
2,000.0
4,000.0
6,000.0
8,000.0
10,000.0
12,000.0
14,000.0
16,000.0
40 41 42 43 44 45 46 47 48 49 50 51 52 53 1
2020 2021
RM m
il.
Total FOB (RM mil)
TOTAL BILATERAL TOTAL REGIONAL
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
1,000,000
2012 2013 2014 2015 2016 2017 2018 2019 2020
Total No of CO
TOTAL BILATERAL TOTAL REGIONAL
0.0
50,000.0
100,000.0
150,000.0
200,000.0
250,000.0
300,000.0
350,000.0
400,000.0
Jan Feb Mar Apr May June Jul Aug Sep Oct Nov Dec
2020
RM m
il.
Total FOB (RM mil)
TOTAL BILATERAL TOTAL REGIONAL
0
10,000
20,000
30,000
40,000
50,000
60,000
Jan Feb Mar Apr May June Jul Aug Sep Oct Nov Dec
2020
Total No of CO
TOTAL BILATERAL TOTAL REGIONAL
0.0
100,000.0
200,000.0
300,000.0
400,000.0
500,000.0
600,000.0
700,000.0
2012 2013 2014 2015 2016 2017 2018 2019 2020
RM m
il.
Total FOB (RM mil)
TOTAL BILATERAL TOTAL REGIONAL
Weekly
Annually
Monthly
Note: *Provisional DataSource: Ministry of International Trade and Industry, Malaysia
MITI WEEKLY BULLETTIN8
MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala LumpurTel:+603-8000 8000 Fax: +603-6202 9446
Regional FTANumber and Value of Preferential Certificates of Origin (PCOs)
0
10
20
30
40
50
60
0
2
4
6
8
10
12
14
16
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
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, Norway and Cambodia
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
0
200
400
600
800
1,000
1,200
1,400
1,600
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
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
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
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
100
200
300
400
500
600
700
800
900
0
100
200
300
400
500
600
700
800
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
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
0
20
40
60
80
100
120
140
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
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
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
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
0
20
40
60
80
100
120
140
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
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
-1
0
1
2
3
4
5
6
7
8
9
0
0
0
1
1
1
1
1
2
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
No.
of C
ertif
ica
te o
f Orig
in
RM m
il.
ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA)
Total FOB (RM mil.) Total CO
Note: *Provisional DataSource: Ministry of International Trade and Industry, Malaysia
MITI WEEKLY BULLETTIN9
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Bilateral FTANumber and Value of Preferential Certificates of Origin (PCOs)
Note: *Provisional DataSource: Ministry of International Trade and Industry, Malaysia
0
100
200
300
400
500
600
700
800
900
1,000
0
50
100
150
200
250
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Japan Economic Partnership Agreement (MJEPA)
Total FOB (RM mil.) Total CO
0
50
100
150
200
250
0
20
40
60
80
100
120
140
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)
Total FOB (RM mil.) Total CO
0
5
10
15
20
25
0.00
0.05
0.10
0.15
0.20
0.25
0.30
0.35
0.40
0.45
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
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
0
5
10
15
20
25
30
35
40
45
50
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
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
0
10
20
30
40
50
60
70
80
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
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
0
100
200
300
400
500
600
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
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
100
200
300
400
500
600
25 O
ct
1 N
ov
8 N
ov
15 N
ov
22 N
ov
29 N
ov
6 D
ec
13 D
ec
20 D
ec
27 D
ec
03 J
an
10 J
an
2020 2021
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Turkey Free Trade Agreement (MTFTA)
Total FOB (RM mil.) Total CO
MITI WEEKLY BULLETTIN10
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Malaysian Ringgit Exchange Rate with Selected Countries,January 2019 - December 2020
Source : Bank Negara Malaysia
US Dollar
Philippine Peso
Vietnamese Dong
Hong Kong Dollar
Indonesian Rupiah
Indian Rupee
4.1161
4.3553
4.0573
4.01
4.06
4.11
4.16
4.21
4.26
4.31
4.36
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019 2020
RM
USD 1 = RM
7.8498
7.7731
8.6299
8.4418
7.70
7.80
7.90
8.00
8.10
8.20
8.30
8.40
8.50
8.60
8.70
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019 2020
RM
PHP 100 = RM
0.0177
0.0186
0.0175
0.0174
0.0176
0.0178
0.0180
0.0182
0.0184
0.0186
0.0188
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019 2020
RM
VND 100 = RM
52.4901
51.9208
56.1859
52.3369
51.50
52.00
52.50
53.00
53.50
54.00
54.50
55.00
55.50
56.00
56.50
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019 2020
RM
HKD 100 = RM
0.0291
0.0302
0.0276
0.0287
0.027
0.028
0.028
0.029
0.029
0.030
0.030
0.031
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019 2020
RM
IDR 100 = RM
5.8219
5.9949
5.5075
5.40
5.50
5.60
5.70
5.80
5.90
6.00
6.10
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019 2020
RM
INR 100 = RM
MITI WEEKLY BULLETTIN11
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0.1%*US$68.6
SUGAR -per lbs-
5.4%*US$16.5
0.6%*US$1,613.0
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$475.0
(low)
%*US$495.0
(high)15 Jan 2021
0.1%* US$1,412.5
RUBBER SMR 20 -per MT- COCOA SMC 2 -per MT-
COAL -per MT- SCRAP IRON HMS -per MT-
Average Price 2020 i : US$1,333.4 Average Price 2020 i : US$1,576.6 Average Price 2020 i : US¢12.9
Average Price 2020 i : US$307.9 (high)Average Price 2020 i : US$284.7 (low)Average Price 2020 i : US$47.7
Domestic Prices15 Jan 2021
Steel Bars(per MT)
RM2,600 – RM2,700
Billets(per MT)
RM2,250- RM2,600
15 Jan 2021 15 Jan 2021 15 Jan 2021
15 Jan 2021
1.6%*US$55.1
CRUDE PETROLEUM (BRENT) -per bbl-
15 Jan 2021
CRUDE PALM OIL -per MT-
6.7%*US$919.2
15 Jan 2021
03 Jan 2020 : US$68.6
Highest2020/2021
08 Jan 2021 : US$56.0
15 Jan 2021 : US$55.124 Apr 2020 : US$21.4
Lowest2020/2021
24 Dec 2020 : US$944.2
Highest2020/2021
8 Jan 2021 : US$985.7
15 Jan 2021 : US$919.2 8 May 2020 : US$473.0
Lowest2020/2021
Average Price 2020 i : US$43.5 Average Price 2020i : US$668.3
MITI WEEKLY BULLETTIN12
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Commodity Price Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
1,443.3
1,424.11,428.1
1,601.3
1,632.9
1,513.3
1,479.8
1,424.1 1,440.2
1,443.9
1,413.7
1,412.5
1,350
1,400
1,450
1,500
1,550
1,600
1,650
30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan
2020 2021
US$/
mt
Cocoa
1,678.5
1,551.5
1,572.0
1,566.0
1,662.5
1,615.5
1,553.0
1,603.0
1,527.0
1,474.0
1,604.0 1,613.0
1,390
1,440
1,490
1,540
1,590
1,640
1,690
1,740
1,790
30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan
2020 2021
US$
/mt
Rubber SMR 20
35.8
37.1
40.1
42.2
45.5 46.3 46.6
49.148.2 48.5
52.2 52.4
37.5
39.5
42.8
45.0
48.249.3
50.0
52.351.3
51.8
56.0 55.1
30
35
40
45
50
55
60
30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan
2020 2021
US$
/bbl
Crude Petroleum
Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl
14.4
14.7
15.0
15.2
14.8
14.4 14.4 14.4
14.9
15.515.6
16.5
14.0
14.5
15.0
15.5
16.0
16.5
17.0
30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan
2020 2021
US¢
/lbs
Sugar
781.8
826.5
847.1859.7
844.1
886.1903.8 903.7
944.2
943.0
985.7
919.2
700
750
800
850
900
950
1,000
1,050
30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan
2020 2021
US$/
mt
Crude Palm Oil
2,127
2,122
2,129
2,1352,156
2,166
2,3042,310 2,320
2,162
2,331
2,377
2,456
2,000.0
2,050.0
2,100.0
2,150.0
2,200.0
2,250.0
2,300.0
2,350.0
2,400.0
2,450.0
2,500.0
23 Oct 30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan
2020 2021
US$/
mt
Pepper
MITI WEEKLY BULLETTIN13
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23.6
25.7
24.8
24.4
22.6
24.3
24.1
26.0
25.9
26.4
24.6
24.9
22.0
22.5
23.0
23.5
24.0
24.5
25.0
25.5
26.0
26.5
27.0
30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan
2020 2021
US
$/o
z
Silver
60.5
62.4
60.8 60.3
57.2
59.3
59.2
60.4 60.3
60.7
59.9
59.1
56.0
57.0
58.0
59.0
60.0
61.0
62.0
63.0
30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan
2020 2021
US
$/g
Gold
Sources: Ministry of International Trade and Industry Malaysia, , Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
2,02
6 2,
030
1,93
9 1,
920
1,85
4 1,
863
1,87
1 1,
845
1,78
1 1,
756 1,
797
1,74
1 1,
754
1,72
6 1,77
5 1,
771
1,77
3 1,
688
1,61
1 1,
460
1,46
6
1,56
9 1,
644
1,73
7 1,
744 1,
806
1,93
5 2,
015
1,300
1,400
1,500
1,600
1,700
1,800
1,900
2,000
2,100
Sep
Oct
No
vD
ec Jan
Feb
Mar
Ap
rM
ay Jun
Jul
Au
gSe
pO
ctN
ov
Dec Jan
Feb
Mar
Ap
rM
ay Jun
Jul
Au
gSe
pO
ctN
ov
Dec
2018 2019 2020
US$
/ to
nn
e
Aluminium
6,05
1 6,22
0 6,
196
6,07
5 5,
939
6,30
0 6,
439
6,43
8 6,
018
5,88
2 5,
941
5,70
9 5,
759
5,75
7 5,
860 6,
077
6,03
1 5,
688
5,18
3 5,
058 5,24
0 5,
755
6,37
2 6,
499
6,70
5 6,
714
7,06
9 7,
772
4,000
4,500
5,000
5,500
6,000
6,500
7,000
7,500
8,000
Sep
Oct
Nov
Dec Jan
Feb
Mar
Apr
May Jun Jul
Aug Se
pO
ctN
ovD
ec Jan
Feb
Mar
Apr
May Jun Jul
Aug Se
pO
ctN
ovD
ec
2018 2019 2020
US$
/ to
nne
Copper
12
,51
0
12
,31
5
11
,24
0
10
,83
5
11
,52
3 12
,68
5
13
,02
6
12
,77
3
12
,01
6
11
,94
4
13
,54
6
15
,74
9
17
,65
7
17
,04
6
15
,17
2
13
,82
9
13
,50
7
12
,71
6
11
,84
6
11
,80
4
12
,18
0
12
,72
7
13
,40
2 14
,53
8
14
,85
7
15
,23
9
15
,80
8 16
,82
3
7,000
9,000
11,000
13,000
15,000
17,000
19,000
Sep
Oct
No
vD
ec Jan
Feb
Mar
Ap
rM
ay Jun
Jul
Au
gSe
pO
ctN
ov
Dec Jan
Feb
Mar
Ap
rM
ay Jun
Jul
Au
gSe
pO
ctN
ov
Dec
2018 2019 2020
US$
/ to
nn
e
Nickel
Commodity Price Trends
68
.44
73
.41
73
.26
69
.15 76
.16
88
.22
86
.47 93
.70
10
0.1
5 10
8.9
4 12
0.2
49
3.0
79
3.0
88
8.5
38
4.9
8 92
.65
95
.76
87
.68
88
.99
84
.73 9
3.6
5 10
3.3
01
08
.52
12
1.0
71
23
.75
11
9.7
81
24
.36
15
5.4
3
50.0
70.0
90.0
110.0
130.0
150.0
170.0
Se
pO
ctN
ov
De
cJa
nF
eb
Ma
rA
pr
Ma
yJu
nJu
lA
ug
Se
pO
ctN
ov
De
cJa
nF
eb
Ma
rA
pr
Ma
yJu
nJu
lA
ug
Se
pO
ctN
ov
De
c
2018 2019 2020
US
$/d
mtu
Iron Ore
848.4
899.4
896.0
957.2964.8
1,072.8
1,021.8
1,043.1
1,028.9
1,079.2
1,071.3
1,089.9
800.0
850.0
900.0
950.0
1,000.0
1,050.0
1,100.0
30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan
2020 2021
US
$/o
z
Platinum
320.0 320.0
350.0360.0
390.0 390.0 390.0
430.0 430.0
495.0 495.0 495.0
290.0300.0
325.0 330.0
350.0 350.0 350.0
400.0 400.0
475.0 475.0 475.0
270
320
370
420
470
520
30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan
2020 2021
US
$/m
t
Scrap Iron Scrap Iron/MT (High) Scrap Iron/MT(Low)
56.1
50.8 50.8 50.8 50.8 50.8
65.0
66.0 66.1
69.068.5 68.6
47
52
57
62
67
72
30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan
2020 2021
US
$/t
Coal
MITI WEEKLY BULLETTIN14
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For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/industry4WRD?mid=559#tab_547_2202
AL
L Y
OU
NE
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TO
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....
....
....
...
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MITI WEEKLY BULLETTIN16
MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala LumpurTel:+603-8000 8000 Fax: +603-6202 9446
An
no
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me
nts
To ensure that the Asia-Pacific region is resilient to shocks, crises, pandemics and other emergencies, we will foster quality growth that brings palpable benefits and greater health and wellbeing to all, including MSMEs, women and others with untapped economic potential. We will intensify inclusive human resource development as well as economic and technical cooperation to better equip our people with the skills and knowledge for the future. We will promote economic policies, cooperation and growth which support global efforts to comprehensively address all environmental challenges, including climate change, extreme weather and natural disasters, for a sustainable planet.
APEC PUTRAJAYA VISION 2040APEC PUTRAJAYA VISION 2040
PART 3 - STRONG, BALANCED, SECURE, SUSTAINABLE & PART 3 - STRONG, BALANCED, SECURE, SUSTAINABLE & INCLUSIVE GROWTHINCLUSIVE GROWTH
For more details :
http://www.apec.org/
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... MCO 2.0 (13 JAN - 26 JAN 2021)MCO 2.0 (13 JAN - 26 JAN 2021)
1. MEDIA RELEASE1. MEDIA RELEASEMinistry of International Trade and Industry (MITI)
Ministry of Domestic Trade and Consumer Affairs (KPDNHEP)Ministry of Transportation (MOT)
Ministry of Works (KKR)Ministry of Higher Education (MOHE)
Ministry of Communications and Multimedia (KKMM)
3. SOP3. SOPss & GAZETTE & GAZETTE
4. FAQ & ENQUIRY4. FAQ & ENQUIRY
2. REGISTRATION FOR BUSINESS OPERATION2. REGISTRATION FOR BUSINESS OPERATION
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MITI WEEKLY BULLETTIN19
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MITI WEEKLY BULLETTIN20
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For more information, kindly click the following links:https://www.myapec2020.my/en/
For more information, please contact :
Bagi sebarang pertanyaan berkaitan MITI seperti operasi sektor ekonomi atau amalan BDR/WFH sila hubungi talian hotline MITI seperti di atas.
03-6200 0468 / 69 / 57 [email protected]
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For more information, kindly click the following links: https://bit.ly/2ZhxmRp
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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala LumpurTel:+603-8000 8000 Fax: +603-6202 9446
MITI WEEKLY BULLETTINWWW.MITI.GOV.MY22
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WE ARE GOING FULLY ONLINE !WE ARE GOING FULLY ONLINE ! Due to the recent announcement of Movement Control Order (MCO/PKP) by
the Government, the Population and Housing Census 2020 will not conduct the face-to-face interview. Please be counted by participating in e-Census at :
Stay Home | Keep Calm |Your Data | Our Future
http://ecensus.mycensus.gov.my
Please contact @MyCensus2020 helpdesk for further assistance.
Hotline : 1-800-88-7720
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