MITI in the News - Ministry of International Trade and … Weekly Bulletin/MITI...Sdn Bhd and AMD...

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The Federal Government has given RM28.5mil to QAV Technologies Sdn Bhd and AMD Export Sdn Bhd in the form of grants to assist them in establishing themselves as world-class companies. International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said the funding was to help the companies purchase equipment and to expand their operations. Speaking at a briefing after visiting QAV and AMD plants in Bayan Lepas, he said QAV received RM18.5mil, with AMD getting the remainder. QAV Technologies provides testing and certification services to light-emitting diodes (LED) and solid state lighting (SSL) producers while AMD is a global leader in manufacturing micro-processors. Mustapa said local SSL and LED companies had contributed significantly to the growth of the electrical and electronics sector.“As of December 2014, 10 local LED companies have achieved significant increase in combined sales, amounting to RM88.7mil. Twenty-six products have been certified internationally, with market access to 13 countries,” he said. Earlier at Kulim Hi-Tech Park (KHTP), Kedah Mentri Besar Datuk Seri Mukhriz Mahathir said the first phase of the proposed international airport in Kulim would start off with providing cargo services.“The cargo traffic in and out of Penang has been declining at 10.5% annually. Thus if we plan the first phase as a cargo airport, we can pick up the slack and meet an immediate demand.“This way, we also don’t disturb the Penang International Airport, which is focused on serving passengers,” he said at a joint press conference with Mustapa. Mukhriz said the decline in cargo traffic at Penang International Airport was due to the fact that it had only one runway, which was dedicated to serving passenger aircraft. “The response from the multinational corporations in KHTP to our proposal has been very positive,” he added.The proposed international airport in Kulim is expected to cost RM1.6bil. The plan for the proposed airport is now being studied by the Economic Planning Unit. Meanwhile, Mustapa said a new waste treatment facility built by Globecycle Manufacturing Sdn Bhd close to KHTP would start operations in mid-2015. He added that Globecycle had received a RM7mil grant from the Federal Government for the project. Source : BERNAMA, 1 April 20015 MITI in the News RM28mil grant for two firms “DRIVING Transformation, POWERING Growth” MITI Weekly Bulletin / www.miti.gov.my

Transcript of MITI in the News - Ministry of International Trade and … Weekly Bulletin/MITI...Sdn Bhd and AMD...

The Federal Government has given RM28.5mil to QAV Technologies Sdn Bhd and AMD Export Sdn Bhd in the form of grants to assist them in establishing themselves as world-class companies. International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said the funding was to help the companies purchase equipment and to expand their operations.

Speaking at a briefing after visiting QAV and AMD plants in Bayan Lepas, he said QAV received RM18.5mil, with AMD getting the remainder. QAV Technologies provides testing and certification services to light-emitting diodes (LED) and solid state lighting (SSL) producers while AMD is a global leader in manufacturing micro-processors.

Mustapa said local SSL and LED companies had contributed significantly to the growth of the electrical and electronics sector.“As of December 2014, 10 local LED companies have achieved significant increase in combined sales, amounting to RM88.7mil. Twenty-six products have been certified internationally, with market access to 13 countries,” he said. Earlier at Kulim Hi-Tech Park (KHTP), Kedah Mentri Besar Datuk Seri Mukhriz Mahathir said the first phase of the proposed international airport in Kulim would start off with providing cargo services.“The cargo traffic in and out of Penang has been declining at 10.5% annually. Thus if we plan the first phase as a cargo airport, we can pick up the slack and meet an immediate demand.“This way, we also don’t disturb the Penang International Airport, which is focused on serving passengers,” he said at a joint press conference with Mustapa. Mukhriz said the decline in cargo traffic at Penang International Airport was due to the fact that it had only one runway, which was dedicated to serving passenger aircraft. “The response from the multinational corporations in KHTP to our proposal has been very positive,” he added.The proposed international airport in Kulim is expected to cost RM1.6bil. The plan for the proposed airport is now being studied by the Economic Planning Unit. Meanwhile, Mustapa said a new waste treatment facility built by Globecycle Manufacturing Sdn Bhd close to KHTP would start operations in mid-2015. He added that Globecycle had received a RM7mil grant from the Federal Government for the project.

Source : BERNAMA, 1 April 20015

MITI in the NewsRM28mil grant for two firms

“DR

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6.4

10.4 9.5 8.75.6

4.1 3.6 3.9

9.3

1.1

11.19.2 9.0

4.5

0.0

5.0

10.0

15.0

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

RM millionMalaysia Balance of Trade

Jan 2014 - Feb 2015

64.0

58.9

65.0

66.2

64.8

61.2

61.1

63.9

64.5

65.1

63.7

67.7

63.6

53.2

57.6

48.5 55

.4

57.5

59.2

57.1

57.5

60.0

55.2 63

.9

52.6 58

.5

54.6

48.6

121.6 107.4 120.4

123.7

124.0118.3

118.6

123.9

119.7

129.0

116.3

126.2

118.2101.8

0

50

100

150

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

2014 2015

RM million Exports Imports Total trade

Source : Department of Statistics, Malaysia

Source : Department of Statistics, Malaysia

External Trade Performance, Feb 2014 - Feb 2015 MALAYSIA

Imports

2014 2015

Exports VS MITI Weekly Bulletin / www.miti.gov.my

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Exports & Imports by Major CountriesJan - Feb 2015

Source : Department of Statistics, Malaysia

Source : Department of Statistics, MalaysiaNote: Others include Dual Goods, Goods nes and Transaction below RM5,000

Total Imports Feb 2014 : RM103.3bil.Feb 2015: RM106.1 bil.

Import by Broad Economic Categories (BEC) 2014 & 2015 (Jan-Feb)

0 4 8 12

Singapore

Japan

PRC

USA

Thailand

16.5

14.5

12.2

10.8

6.9

11.2

8.4

19.7

7.7

6.0

RM billion

ImportsExports

Jan - Feb 2015Jan - Feb 2014

62.4

15.1 8.3

14.0

3.5

61.8

14.4 7.8

17.0

5.1

-

10

20

30

40

50

60

70

Intermediate Goods

Capital Goods Consumption Goods

Re-exports Others

RM billion

MITI Weekly Bulletin / www.miti.gov.my

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MANUFACTUREDGOODS MINING GOODS AGRICULTURE

GOODS OTHERS

2014 (Jan-Feb) 92.7 18.0 11.3 0.92015 (Jan-Feb) 90.1 16.7 9.1 0.8Growth (%) -2.8 -7.3 -18.9 -5.2

0

10

20

30

40

50

RM

bill

ion

Malaysia’s Exports by Sector 2014 & 2015 (Jan - Feb)

MANUFACTUREDGOODS

AGRICULTUREGOODS MINING GOODS OTHERS

2014 (Jan-Feb) 89.9 5.8 8.1 2.22015 (Jan-Feb) 90.2 6.4 4.8 1.9Growth (%) 0.3 9.9 -41.4 -11.2

0

10

20

30

40

50

RM b

illio

n

Malaysia’s Imports by Sector 2014 & 2015 (Jan - Feb)

Source : Department of Statistics, MalaysiaNote: Change % (Y-o-Y)

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Source:StarBiz, 3 April 2015 MITI Weekly Bulletin / www.miti.gov.my

Industry Excellence Awards 2014Prime Minister’s Award

Manufacturing Sector Award (Categor y 1)

Manufacturing Sector Award (Categor y 2) Manufacturing Sector Award

(Categor y 3)

Sunway Integrated Proper ties Sdn. Bhd. Ms Sarena Cheah

Managing Director

PHN Industr y Sdn. Bhd. Mr Ainol A zmil Abu Bakar

Chief Operating OfficerMega For tris (Malaysia) Sdn. Bhd.

YBhg. Datuk Dr Ng Meng KeeChairman/Managing Director

Benitham Sdn. Bhd. Mr Ben TeoChairman

Manufacturing Sector Award (Categor y 1)

Rober t Bosch (M) Sdn. Bhd. Lothar Mergili

Technical Managing DirectorRober t Bosch (M) Sdn. Bhd.

Harald DirschCommercial Managing Director

Manufacturing Sector Award (Open Categor y)

Presiden/Vice ChancellorOpen Universit y Malaysia (OUM)

Professor Emeritus Tan Sri Anuwar Ali

Ser vices Sector Award (Categor y 2)

KPJ Ipoh Specialist Hospital Tuan Haji Asmadi Mohd Bakri

Chief Executive Director

Ser vices Sector Award (Categor y 3)

Sunway Construction Sdn. Bhd. Mr Kwan Foh Kwai

Senior Managing Director

Ser vices Sector Award (Categor y 4)

Ser vices Sector Award (Open Categor y)

Prestariang Berhad Dr Abu Hasan ismail

Chairman

Sunway Integrated Proper ties Sdn. Bhd. Ms Sarena Cheah

Managing Director

Most Promising Award

Pet zl Manufacturing Sdn. Bhd. Mr Gilles Waeldin

Chief Executive Director

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and You’ ’

ASEAN Life Expectancy at Birth by Gender2020

Note: Life expectancy at birth indicates the number of years a newborn infant would live if prevailing patterns of mortality at the time of its birth were to stay the same throughout its life.

MITI’s ASEAN Portal can be accessed via http://www.miti.gov.my/

Brunei78.7882.05

Thailand 73.01

79.40

Lao PDR70.5273.64

Myanmar64.5068.84

Viet Nam 73.18

81.42

Indonesia 70.55

74.89

Malaysia74.39 78.98

Combodia72.1377.60

Singapore81.4386.38

Philippines66.6973.79

Source : World Population Prospects: The 2012 Revision (Updated: 13 June 2013)

1.6

1.1

1.5

2.0

2.1

2.1 2.0

1.71.7

1.7

1.3

0.8

-0.1 0.0

-0.5

0.0

0.5

1.0

1.5

2.0

2.5

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

2014 2015

Inflation Rate

International Repor tUSA Economic Indicators

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6.66.7

6.7

6.3

6.3

6.1

6.2

6.1 5.9

5.85.8

5.6

5.7

5.5

5.0

5.5

6.0

6.5

7.0

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

2014 2015

Unemployment Rate

194.2195.2

196.2197.5

197.2

197.2

197.4

197.4196.8

194.8192.8

189.5

184.9184.9

180

185

190

195

200

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

2014 2015

Producer Price Index

2.7

1.8

4.5

3.5

-2.1

4.6

5.0

2.2

-3.0

-2.0

-1.0

0.0

1.0

2.0

3.0

4.0

5.0

6.0

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2013 2014

GDP Quaterly Growth

%

Index

Source: U.S. Bureau of Economic Analysis (BEA), U.S. Bureau of Labor Statistics

Index

233.9234.8

236.3237.1

237.9238.3

238.3

237.9

238.0

237.4

236.2

234.8233.7

234.7

220

230

240

250

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

2014 2015

Consumer Price Index

MITI Weekly Bulletin / www.miti.gov.my

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G

THE MIDAS LIST TECH’S BEST INVESTORS 2015Rank Name Firm Notable

DealJim Goetz Sequoia

Capital WhatsApp

Peter Fenton Benchmark Twitter

Chris Sacca Lowercase Capital Twitter

Josh Kopelman First Round Capital

LinkedIn

Steve Anderson Baseline Ventures Instagram

Douglas Leone Sequoia Capital FireEye

Paul MaderaMeritech Capital

PartnersFacebook

Neil ShenSequoia Capital China

Alibaba

Bill Gurley Benchmark Uber Technologies

#1

#2

#3

#4

#5

#6

#7

#8

#9

#10 Jenny Lee GGV Capital Xiaomi

Source:http://www.forbes.com/midas/list/

8.60

9.10

9.60

10.10

10.60

11.10

11.60

2.903.003.103.203.303.403.503.603.703.80

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

2014 2015

1 USD = RM 100 THB = RM

100 THB = RM 11.28

1 USD = RM 3.68

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 US Dollar and Thai Baht

Gold Prices, 2 January - 3 April 2015

Silver Prices, 2 January - 3 April 2015

Source : Bank Negara, Malaysia

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37.7

38.5

36.0

37.0

38.0

39.0

40.0

41.0

42.0

43.0

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

20 M

ar

27 M

ar

3 Ap

r

US$/Gram Gold

15.8

17.1

14.5

15.0

15.5

16.0

16.5

17.0

17.5

18.0

18.5

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

20 M

ar

27 M

ar

3 Ap

r

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)

8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 MarAANZFTA 87 92 74 89 73 84 319 88AIFTA 120 240 122 126 136 92 175 110AJCEP 104 116 72 55 78 74 101 57

0

50

100

150

200

250

300

350

RM

mill

ion

8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 MarATIGA 631 11,127 9,861 4,055 596 950 3,154 703ACFTA 505 533 165 865 780 916 539 841AKFTA 1,064 487 592 1,795 117 127 695 173

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

RM

mill

ion

8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 MarMICECA 58.35 47.23 40.80 132.78 49.74 44.86 48.01 50.53MNZFTA 0.25 0.08 0.02 0.13 0.01 0.06 0.08 0.35MCFTA 7.43 8.30 5.61 9.29 6.00 11.37 23.46 46.12MAFTA 27.65 51.15 25.27 36.27 23.40 42.25 36.51 34.36

0

20

40

60

80

100

120

140

RM

mill

ion

8 Feb 2015 15 Feb 2015 22 Feb 2015 1 Mar 2015 8 Mar 2015 15 Mar 2015 22 Mar 2015 29 Mar 2015

AANZFTA 663 1,001 467 835 658 805 776 910AIFTA 559 521 485 467 561 478 651 529AJCEP 241 254 116 172 154 241 250 177ATIGA 4,081 4,287 2,648 3,695 4,107 4,433 4,562 4,322ACFTA 793 920 790 1,659 1,454 1,354 1,566 1,569AKFTA 665 823 610 643 765 844 889 782MICECA 307 344 236 278 297 360 355 289MNZFTA 7 6 2 5 1 7 4 14MCFTA 56 53 27 56 42 75 57 52MAFTA 341 481 206 360 259 481 409 336MJEPA 817 847 608 775 823 812 775 838MPCEPA 153 130 139 150 173 172 118 165GSP 104 152 73 170 104 114 139 112

8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 MarMJEPA 123 133 116 145 131 670 167 129MPCEPA 41 17 72 19 52 113 38 16GSP 414 43 14 22 75 18 26 15

0

100

200

300

400

500

600

700

800

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.my

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)3 Apr 2015

(US$) 49.1 658.5 275.5 1,403.0 2,017.1 58.2 270 (high)250 (low)

% change* 0.6 1.2 1.1 0.7 1.3 0.5 unchangedunchanged

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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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 (3 April 2015)

US$49.1 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 (3 April 2015)

US$658.5 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, 27 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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701.0

682.0

645.0

621.0

685.0

690.0 689.0692.5

673.5

648.0

650.5

658.5

600

620

640

660

680

700

720

16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr

US$

/mt

Crude Palm Oil

2,187.8

2,065.2

1,958.9

2,003.9

2,060.0

2,113.72,124.6

2,110.4

2,107.8

1,974.8

2,042.9

2,017.1

1,900

1,950

2,000

2,050

2,100

2,150

2,200

2,250

16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr

US$

/mt

Cocoa

335.3

345.5

331.3

324.3

330.0326.8

310.8

300.5

291.0

283.8

272.5275.5

260

270

280

290

300

310

320

330

340

350

360

16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr

US$

/mt

Raw Sugar

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

1,405.5

1,413.5

1,403.0

1,350

1,360

1,370

1,380

1,390

1,400

1,410

1,420

1,430

1,440

1,450

16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr

US$

/mt

Rubber SMR 20

5,740

5,779 5,843

6,245

6,469

6,515

6,864

7,822

7,707

7,967

7,894 7,806

7,507

7,286

7,267 7,342

5,000

5,500

6,000

6,500

7,000

7,500

8,000

8,500

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

2014 2015

USD

/ to

nne

Black Pepper

* until 3 April 2015

48.7

45.6

48.2

51.7

52.8

50.8

49.849.6

44.8

46.6

48.9

49.1

40

42

44

46

48

50

52

54

16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr

US$

/bbl

Crude Petroleum

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.

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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

1,774

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 Mar

2014 2015

US$

/ to

nne

Aluminium

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

13,756

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 Mar

2014 2015

US$

/ to

nne

Nickel

320.0 320.0 320.0 320.0 320.0

330.0

320.0

280.0 280.0

260.0

270.0 270.0

300.0 300.0 300.0 300.0 300.0

320.0

300.0

250.0250.0

240.0

250.0 250.0

220

240

260

280

300

320

340

360

28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 6 Feb 13 Feb 27 Feb 13 Mar 27 Mar

US$

/mt

Scrap Iron

Scrap Iron/MT (High)

Scrap Iron/MT(Low)

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

5,940

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 Mar

2014 2015

US$

/ to

nne

Copper

51.6

51.1

49.951.1

56.1

56.9 56.8 57.7

58.4 58.6 58.558.2

48.0

50.0

52.0

54.0

56.0

58.0

60.0

16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr

US$

/mt

Coal

128.1

121.4

111.8

114.6

100.6

92.7

96.192.6

82.4

81.0

74.0

68.0

68.0

63.0

58.0

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 Mar

2014 2015

US$

/dm

tu

Iron Ore

HOVID Berhad’s journey to glory began a long time ago when a special concoction of Ho Yan Hor Herbal Tea was blended with cooling and healing properties came to life, post-World War II. The sole purpose of this tea was to serve Malaysians, particularly in the days that followed the worldwide flu epidemic in the early 1950s. Ho Yan Hor Herbal Tea soon became one of the most sought after products in the country. It was not until the early 1980s that the company migrated its core business offerings into the competitive world of pharmaceuticals. With sound and in-depth knowledge of research and pharmaceutical science, the company was completely rebranded and repositioned to offer pharmaceutical solutions spanning various disciplines. It was a decision that proved to be more than just right. The company grew by leaps and bounds, and is no stranger to the international pharmaceutical industry. Today, Hovid Berhad is listed on the Main Board of Kuala Lumpur Stock Exchange, and is a seasoned player among healthcare providers in over 50 countries worldwide. With the various divisions of Hovid established through many years of hard work, research and quality experience, Hovid continues to deliver all that it promises clients both locally and worldwide – speed, quality service, excellence and continuous innovation.

THE EARLY BEGINNINGS OF HOVID BERHAD

Starting from herbal tea business, Hovid had to be re-built from scratch when changing winds initiated a new direction in the company’s core business offering. In the early 1980s, the company was initiated with a small team of employees, taking into consideration all the key elements required to run a pharmaceutical business, ie. research and development, laboratories, marketing and business development and other divisions. Using limited resources of capital and exclusive recruitment, Hovid steadily grew with a few product offerings in the state. After almost five years of struggling, Hovid finally started to make its mark in the country with a humble 15 – 20 products being distributed nationwide. Today, Hovid has over 350 products marketed worldwide and sold throughout ASEAN countries and Africa, with staff strength of close to 1,000 committed individuals. Combining knowledge in pharmacy and entrepreneurship, Hovid was a dream built on the foundations of perseverance, patience and extensive learning throughout the years the company has been in existence. As Hovid’s direction to dive headfirst into the pharmaceutical industry in the early 1980s took flight, it seemed to be a daunting task. Malaysia was still considered a developing country then. Even sourcing basic laboratory equipment was a huge challenge to overcome in these initial stages of the company’s growth. Through commitment to a shared vision, the company took all challenges as opportunities to grow further, and tirelessly found innovative ways to capture the new market effectively. Besides diversifying the business, Hovid also retained the herbal tea business in place, catering to their loyal long standing customers.

KEEPING ABREAST OF INTERNATIONAL COMPETITION

In Malaysia, almost all of the pharmaceutical industry is dominated by imported products. However, this did not serve as a deterrent to Hovid to strive in placing its name at the top of the list. Massive investments were made to ensure Hovid stayed well ahead of competition. To date, there are close to 20-30 local factories that produce their own pharmaceutical products. In the early stages, Hovid participated in many trade missions and trade fairs arranged by the Malaysian Investment Development Authority (MIDA). The early 2000s saw a boost in business, as Hovid began to participate in MATRADE’s various trade missions and key

HOVID BERHADSuccess Story

Address : Hovid Berhad121, Jalan Tunku Abdul Rahman, 30010 Ipoh, Perak, MalaysiaTel:+605.506.0690 ; Fax :+605.506.1215Email :[email protected] :1800.88.2228 (Mon-Fri) 8am-6pm (Malaysia Only)

exhibitions around the globe, specifically focused in promoting the pharmaceutical industry. Hovid’s largest export component lies in Africa, where it has a firm foothold in the antibiotics, diabetic and analgesic market. Besides Africa, Hovid also exports to more

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This Penang-based company is a total manufacturing solution provider for a wide range of industries such as semiconductor, E&E and medical devices industries.

Since its incorporation, ACM has developed manufacturing partnerships with several leading Original Equipment Manufacturers (OEMs) in the areas of computer peripherals (data storage, network printers), printing, imaging display, health imaging, medical device, telecommunication, electric vehicle, industrial equipment and oil & gas products for OEM.

In the year 2014, the company embarked on a modernisation programme to upgrade its facilities and training to produce front-end assembly, backend semiconductor processing and electronics assembly equipment and related components.

The majority (80%) of the company’s products are exported to countries such as the USA, EU, ASEAN , China, Taiwan, Japan and South Korea

Alliance Contract Manufacturing Sdn Bhd

Malaysia Investment Performance

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MITI Programme Launching of World Halal Summit, 1 April 2015

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Majlis Anugerah Kecemerlangan Industri (AKI) 2014

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Announcement

1 May-31 October 2015

MDM. HISWANI HARUNCongratulations on your appointment as

Deputy Secretary General (Trade), Ministry of International Trade and Industry, Malaysia

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Save the Date...

MIDF INVESTMENT FORUM 2015MIDF Amanah Investment Bank Berhad (“MIDF Investment”), the investment banking arm of Malaysia Industrial Development Finance Berhad (“MIDF”) recently organized an Investment Forum in Jakarta on 28 March 2016.About 100 guests, comprising primarily the corporate and institutional clients of MIDF Investment, participated in the Forum. MITI Jakarta also facilitated in bringing together Malaysian businesses based in Jakarta to the Forum.

The theme of the Forum was “The Transformation of Indonesia”. The keynote address was delivered by Mr. Bobby Hamzar Rafinus, the Deputy Minister at the Coordinating Ministry for the Economy. Other speakers include Mr. Anton Gunawan, a prominent economist, Dr. Atsi Sheth, Senior Vice President of Moody’s Investors’ Service, Mr. Hasnul Suhaimi, President Director of PT XL Axiata and Ms. Hanim Hamzah, Partner / Senior Foreign Counsel, Roosdiono & Partners. Ms. Shinta W. Dhanuwardoyo, the founder of Bubu.com and Managing Partner, Nusantara Ventures (Jakarta) also gave a memorable luncheon address on the new digital economy of Indonesia.

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Comments & SuggestionsDear Readers,Kindly click the link below for any comments in this issue. MWB reserves the right to edit and to republish letters as reprints.

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Name : Azizuddin HazmiDesignation : Operational AssistantJob Description : Responsible in assisting

general office work suchas mailing, photocopyingand binding

Division : Unit LogisticContact No : 03 - 62000239Emel : [email protected]

Name : Muhammad Firdhaus JailaniDesignation : Operational AssistantJob Description : Responsible in assisting

general office work suchas mailing, photocopyingand binding

Division : Human Resources ManagementContact No : 03– 62034103Emel : [email protected]

“Quote of the day”“Man alone measures time. Man alone chimes the hour. And, because of this,

man alone suffers a paralysing fear that no other creature endures. A fear of time running out.”

Excerpt from the book “The Time Keeper” by Mitch Albom.