21ST ASEAN ECONOMIC MINISTERS’ RETREAT
KOTA BHARU KELANTAN, MALAYSIA
28 February -1 March 2015
H.E. Khemmani Pholsena
Minister of Industry and Commerce
Lao PDR
H.E. Lim Hng Kiang
Minister of Trade and Industry
Singapore
H.E. Sun Chanthol
Senior Minister and
Minister of Commerce
Cambodia
H.E. Dr. Kan Zaw
H.E. Pehin Dato Lim Jock Seng
Second Minister of
Union Minister of
Foreign Affairs and Trade National Planning & Economic
Brunei Darussalam
Myanmar
MITI Weekly Bulletin / www.miti.gov.my
H.E. Mrs. Apiradi Tantraporn
Deputy Minister of Commerce
Thailand
“DRIVING Transformation, POWERING Growth”
H.E. Dato‘ Sri Mustapa Mohamad
Minister of
International Trade and Industry
MALAYSIA
H.E. Rahmat Gobel
Minister of Trade
Indonesia
H.E. Dr. Vu Huy Hoang
Minister of Industry and Trade
Vietnam
H.E. Gregory L. Domingo
Secretary of Trade and Industry
Philippines
01
Country’s Third O&G Supply Base
To Get RM100m Investment
“DRIVING Transformation, POWERING Growth”
TB Supply Base Sdn Bhd (TBSB), which has received interest from
over 100 companies to utilise its facilities in Tok Bali, Kelantan, will
spend RM100 million in 2015 for civil works and to build facilities
such as additional warehouses, Customs and Immigration building,
new offices, canteen, rigging loft, crew jetty and helipad.
TBSB is ultimately owned by Kelantan royalty Tengku Rozanna Petri
and Tengku Rozlynda Petri Tengku Mohd Nasrun, through Forlenza
Holdings Sdn Bhd. Forlenza through Matrix Reservoir Sdn Bhd,
owns a 99.99% stake in TBSB. TBSB’s directors include Tengku Datuk
Mohamad Rizam Tengku Abdul Aziz (also the chairman), Tengku
Rozanna Petri and Shankar Ray Shi-Wan.
TBSB is a logistics hub located in Tok Bali, Kelantan specifically catered to providers of support
services to the offshore oil and gas industry. It has invested RM90 million to date since June
2014, for facilities like warehouses, revamp works and wharf. TBSB is located on a 328 acres
site.
International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said TBSB is expected
to create 500 to 1,000 job opportunities. “This is an iconic and high impact project. Kelantan
has not seen this kind of project for a number of years. The direct and indirect benefits will be
substantial and this will contribute to the development of Kelantan,” Mustapa said at a media
briefing here yesterday.
TBSB COO Jim Iler said it aims to provide a one-stop centre for production sharing contracts
(PSC) and services companies in the Malaysia-Thailand Joint Development Area (MTJDA), North
Malay Basin (NMB) and Commercial Arrangement Area (CAA). It offers fuel and water, mud and
cement, port services and warehousing.
Tok Bali, about 48km from Kota Baru, has the potential to be transformed into an important
supply base for offshore support activities. It will be the third oil and gas supply base in Malaysia
beside the Kemaman and Labuan supply base and will complement the Kemaman supply base
and also have a cost advantage for exploration activities in the East Coast offshore.
By providing essential consumables and space, TBSB aims to attract the support companies
necessary to create the ecosystem required by the offshore oil and gas companies operating
in MTJDA, NMB and CAA. Iler said the initial phase of the project is the oil and gas supply base
and the next phase will be the port. The surrounding area is also zoned for port usage and the
site is expandable up to 1,200 acres.
“(We see the potential of up to RM1 billion investments) in two to three years depending
on how quick we get the port operations open. “We’ll have the master plan completed in two
months. From there, we’ll start looking at land acquisition, how we’re going to structure the
facilities, we’ve to have contracts signed and we may look for investors,” Iler said.
Iler said in a low price oil and gas environment, the need for low cost production is even more
critical, while there are also congestion and delay at the other ports as there is currently only
one operating supply base on the East Coast. TBSB’s proximity to MTJDA, NMB and CAA will
result in significant cost savings for Petronas and PSCs due to lower fuel usage and lower idle
time for the supply vessels.
TBSB has obtained approvals from the Ministry of Finance, Royal Customs Department,
Marine Department Malaysia and Petronas for its operations and is now in a position to attract
relevant oil and gas industry players to locate their operations in Tok Bali.
Source : BERNAMA, February 24,, 2015
MITI Weekly Bulletin / www.miti.gov.my
02
MALAYSIA
Trade in Services, 2014/2013
RM billion
300
270.3
200
2014
143.5
126.8
100
0
146.7
Exports
“DRIVING Transformation, POWERING Growth”
126.2
2013
272.9
Imports
Total Trade
Source : Department of Statistics, Malaysia
Trade in Services, Q1 /2012 - Q4/ 2014
RM billion
80
60
40
20
59.0
61.9
63.1
66.3
63.8
65.7
67.9
35.4
36.4
33.3
33.2
34.5
26.8
28.6
29.9
31.8
30.6
30.3
31.5
Q1
Q2
Q3
Q4
Q1
Q2
Q3
32.2
33.2
2012
Import
70.3
67.9
66.9
67.7
35.3
35.3
37.0
39.1
34.4
32.6
31.6
30.7
31.2
Q4
Q1
Q2
Q3
Q4
38.5
2013
Export
Source : Department of Statistics, Malaysia
MITI Weekly Bulletin / www.miti.gov.my
72.9
2014
Total Trade
03
Export of Services, 2014
Transport
RM15.5b., 12.3%
Travel
RM71.4b., 56.6%
Telecomunications
(includes computer and
information sevices)
RM9.0b., 7.1%
Total Exports
RM126.2b.
Construction
RM2.7b., 2.1%
Transport
RM48.4b., 33.0%
Travel
RM40.1.b., 27.3%
Telecomunications
(includes computer and
information sevices)
RM10.2b., 6.9%
Construction
RM7.7b., 5.3%
Note: Y-o-Y Growth
Source : Department of Statistics, Malaysia
MITI Weekly Bulletin / www.miti.gov.my
Other Business Services
RM23.0b., 18.2%
Insurance & Pension
RM1.4b., 1.1%
Maintenance & repair
RM1.1b., 0.9%
Personal, Cultural & Recreational
RM0.9b., 0.7%
Financial
RM0.7b., 0.5%
Government
RM0.3b., 0.2%
Charges for the use
of intellectual property
RM0.2b., 0.2%
Total Imports
RM146.7b.
Others
RM40.3b., 27.5%
“DRIVING Transformation, POWERING Growth”
Import of Services, 2014
Others
RM27.6b., 21.9%
Other Business Services
RM27.8b., 18.9%
Insurance & Pension
RM2.3b., 1.6%
Maintenance & repair
RM1.0b., 0.7%
Personal, Cultural & Recreational
RM2.7b., 1.9%
Financial
RM1.0b., 0.7%
Government
RM0.6b., 0.4%
Charges for the use
of intellectual property
RM5.0b., 3.4%
04
‘ASEAN and You’
Singapore
Key Economic Indicators
Area
National
Account
Population
GDP
Growth Rate
External Trade
(2014)
Exports: US$ 518.9 bil.
Imports: US$ 463.8 bil.
Total Trade:US$ 982.7 bil.
2.9% ( 2014)
5.5 million
2014
Prices
Labour
Inflation Rate
1.0% (2014)
Unemployment Rate
2.0% (2014)
“DRIVING Transformation, POWERING Growth”
718.3 sq km
277 sq miles
Source :IMF, wikipedia, tradingeconomics, Statistics Singapore
Malaysia’s Trade with Singapore: 2005-2014
USD Mil.
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
33,275.5
22,078.8
26,211.2
13,360.5
7,064.3
8,718.3
2005
2006
Source:Department of Statistics, Malaysia
2007
2008
Export
2009
2010
Import
Trade Balance
2011
2012
2013
2014
MITI’s ASEAN Portal can be accessed via http://www.miti.gov.my/
MITI Weekly Bulletin / www.miti.gov.my
05
RIS Portal: ris.mpc.gov.my
Email: regulatoryreview@mpc.gov.my
Transformation . Innovation . Partnership
South Africa
Economic Indicators
1.4%
6.3%
GDP
2014*
222.9
Inflation Rate
25.2%
2014*
115.1
Note: 2014* estimate by IMF
Sources: IMF, Statistics South Africa
MITI Weekly Bulletin / www.miti.gov.my
Consumer Price Index
2014*
“DRIVING Transformation, POWERING Growth”
International Report
Unemployment Rate
2014*
Producer Price Index
Dec 2014
06
Average Monthly Disposable Salary
(After Tax), Ranking 2014
Ranking out of 176 Countries
Rank
Amount (USD)
Switzerland
Luxembourg
1
2
$6,301.73
$4,479.80
Zambia
Jersey
Bermuda
Norway
Monaco
Qatar
Gibraltar
Australia
3
4
5
6
7
8
9
10
$4,330.98
$4,323.25
$4,250.00
$4,215.43
$4,142.78
$4,038.08
$3,990.69
$3,780.69
Singapore
27
$2,759.38
Brunei
40
$2,228.21
MALAYSIA
Thailand
70
118
$979.60
$502.78
Vietnam
151
$334.60
Philippines
152
$330.73
Indonesia
Myanmar
Laos
154
156
157
$304.25
$281.62
$281.33
165
$243.94
Cambodia
Source:http://www.nationmaster.com/
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
Economic Regions
07
Green Car Technologies
Electric Cars
An electric car uses an electric motor instead of an internal combustion engine
which is what most conventional cars use for power. They store chemical energy in
rechargeable battery packs and are more energy efficient than most conventional
cars that use internal combustion engines.
Advantages of an electric car
However, electric cars do have some limitations:
Disadvantages of an electric car
Travel distance between battery recharging is limited. This travel time depends on
the driver’s performance, the shape and weight of the car and the type of battery
used:
o
Lead-acid batteries have a range of 30 to 130 kilometers.
o
NiMH batteries can deliver up to 190 kilometers.
o
Lithium-ion batteries can deliver a range of 400 to 480 kilometers in a single
“DRIVING Transformation, POWERING Growth”
They do not produce any exhaust fumes.
Some battery packs are capable of being charged from renewable energy sources.
They do not produce noxious fumes.
They are much quieter than internal combustion engine powered vehicles.
Many electric cars have regenerative braking, which means that when the car
brakes, the battery is partially recharged. This also reduces wear on the brakes.
Many electric cars can travel hundreds of miles without the need to recharge the
battery packs.
Electric cars decrease the need for petroleum powered vehicles and reduce
the effect of global warming. They have good fuel efficiency and many have an
acceleration performance that exceeds that of conventional cars.
Source:www.greencarreports.com
MITI Weekly Bulletin / www.miti.gov.my
08
Malaysian Ringgit Exchange Rate with
Singapore Dollar and Japanese Yen
1 SGD = RM
100 JPY = RM
2.70
3.30
1 SGD = RM 2.68
3.20
2.65
3.10
2.60
3.00
2.55
2.90
2.80
100 JPY = RM 3.03
2.50
2.70
2.45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2014
Jan
2.60
2015
Source : Bank Negara, Malaysia
Gold and Silver Prices, 5 December 2014 - 20 February 2015
US$/Gram
43.0
US$/Oz
18.5
Gold
Silver
17.5
41.0
17.0
40.0
16.5
16.0
20 Feb
13 Feb
6 Feb
30 Jan
23 Jan
16 Jan
9 Jan
2 Jan
5 Dec
20 Feb
13 Feb
6 Feb
30 Jan
23 Jan
16 Jan
9 Jan
2 Jan
26 Dec
14.5
19 Dec
36.0
12 Dec
15.0
5 Dec
16.2
15.5
37.0
Source : http://www.gold.org/investments/statistics/gold_price_chart/
16.3
26 Dec
38.9
38.0
19 Dec
38.4
12 Dec
39.0
Source : http://www.hardassetsalliance.com/charts/silver-price/usd/oz
Aluminium, Nickel and Copper Prices,
January 2014 - January 2015
“DRIVING Transformation, POWERING Growth”
18.0
42.0
US$/mt
20,000
17,500
14,849
15,000
12,500
10,000
7,500
5,831
5,000
1,815
2,500
Jan
Feb
Mar
Apr
May
Jun
Aluminium
Source : http://econ.worldbank.org
MITI Weekly Bulletin / www.miti.gov.my
Jul
2014
Copper
Aug
Sep
Oct
Nov
Dec
Jan
2015
Nickel
09
Number and Value of Preferential Certificates of Origin (PCOs)
Number of Certificates
28 Dec 2014
4 Jan 2015
11 Jan 2015 18 Jan 2015 25 Jan 2015
1 Feb 2015
8 Feb 2015
15 Feb 2015
AANZFTA
746
766
819
809
963
883
663
1,001
AIFTA
416
441
498
584
531
558
559
521
AJCEP
173
134
325
185
170
243
241
254
ATIGA
3,336
4,021
3,967
4,297
3,775
4,693
4,081
4,287
ACFTA
AKFTA
1,336
1,167
1,231
1,429
1,150
1,232
793
920
633
597
585
629
767
760
665
823
MICECA
223
314
267
266
302
311
307
344
MNZFTA
4
9
10
3
6
13
7
6
MCFTA
42
48
61
74
39
62
56
53
MAFTA
322
341
375
376
417
450
341
481
MJEPA
702
741
948
835
874
972
817
847
MPCEPA
122
124
157
160
160
158
153
130
GSP
136
94
144
112
163
196
104
152
300
12,000
250
10,000
200
8,000
RM million
RM million
Value of Preferential Certificates of Origin
150
6,000
100
4,000
50
2,000
0
28 Dec
4 Jan
11 Jan
18 Jan
25 Jan
1 Feb
8 Feb
0
15 Feb
AANZFTA
66
80
115
76
86
90
87
92
AIFTA
77
178
110
132
139
143
120
240
AJCEP
50
34
136
75
75
75
104
116
28 Dec
4 Jan
11 Jan
18 Jan
25 Jan
1 Feb
8 Feb
15 Feb
ATIGA
2,489
790
561
4,904
546
773
631
11,127
ACFTA
414
451
306
303
464
562
505
533
AKFTA
137
126
656
166
184
327
1,064
487
“DRIVING Transformation, POWERING Growth”
Notes: The preference giving countries under the GSP scheme are Japan, Switzerland, the Russian Federation, Norway, Norway, Belarus and Cambodia.
MPCEPA: Malaysia-Pakistan Closer Economic Partnership
AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement
Agreement (Implemented since 1 January 2008)
(Implemented since 1 January 2010)
MJEPA: Malaysia-Japan Economic Partnership
ATIGA: ASEAN Trade in Goods Agreement
Agreement (Implemented since 13 July 2006)
(Implemented since 1 May 2010)
MICECA: Malaysia-India Comprehensive Economic
AJCEP: ASEAN-Japan Comprehensive Economic Partnership
Cooperation Agreement (Implemented since 1 July 2011)
(Implemented since 1 February 2009)
MNZFTA: Malaysia-New Zealand Free Trade Agreement
ACFTA: ASEAN-China Free Trade Agreement
(Implemented since 1 August 2010)
(Implemented since 1 July 2003)
MCFTA: Malaysia-Chile Free Trade Agreement
AKFTA: ASEAN-Korea Free Trade Agreement
(Implemented since 25 February 2012)
(Implemented since 1 July 2006)
MAFTA: Malaysia-Australia Free Trade Agreement
AIFTA: ASEAN-India Free Trade Agreement
(Implemented since 1 January 2013)
(Implemented since 1 January 2010)
450
120
400
350
300
80
RM million
RM million
100
60
40
250
200
150
100
50
20
0
0
50
28 Dec
4 Jan
11 Jan
18 Jan
25 Jan
1 Feb
8 Feb
15 Feb
28 Dec
4 Jan
11 Jan
18 Jan
25 Jan
1 Feb
8 Feb
15 Feb
MICECA
31.94
53.02
44.94
39.93
65.37
43.02
58.35
47.23
MJEPA
93
179
145
152
355
157
123
133
MNZFTA
0.07
0.07
0.31
0.09
0.08
0.52
0.25
0.08
MPCEPA
14
11
34
75
20
18
41
17
MCFTA
9.35
14.10
12.17
24.98
9.42
14.72
7.43
8.30
GSP
17
14
20
17
28
24
414
43
MAFTA
24.97
47.84
28.88
96.36
42.20
40.95
27.65
51.15
Source: Ministry of International Trade and Industry, Malaysia
MITI Weekly Bulletin / www.miti.gov.my
10
Commodity Prices
Crude
Commodity 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)
280 (high)
250 (low)
20 Feb 2015
(US$)
50.8
690.0
326.8
1,419.5
2,113.7
51.3
% change*
3.7
0.7
1.0
0.5
2.6
8.6
unchanged
unchanged
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
Highest and Lowest Prices, 2014/2015
Crude Petroleum
(20 February 2015)
US$50.8 per bbl
Highest
(US$ per bbl)
Lowest
(US$ per bbl)
2015
2 Jan 2015: 53.8
2015
23 Jan 2015: 45.6
2014
13 June 2014: 107.6
2014
26 Dec 2014: 54.6
Average Domestic
Prices, 13 Feb 2015
“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
Billets
(per MT)
RM1,450 - RM1,550
Crude Palm Oil
(20 February 2015)
US$690.0 per MT
Highest
(US$ per MT)
Lowest
(US$ per MT)
2015
16 Jan 2015: 701.0
2015
6 Feb 2015: 621.0
2014
14 Mar 2014: 982.5
2014
26 Dec 2014: 664.0
Steel Bars
(per MT)
RM1,800 - RM1,900
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.
MITI Weekly Bulletin / www.miti.gov.my
11
Commodity Price Trends
Crude Palm Oil
Rubber SMR 20
720
1,530
700.5
700
1,510
701.0
699.2
696.1
685.0
669.0
664.0
645.0
640
1,481.0
1,481.0
1,470
682.0
681.5
660
1,490
690.0
US$/mt
US$/mt
680
1,520.5
1,470.5
1,453.0
1,450
1,430
1,436.5
1,418.5
1,406.0
1,410
1,390
620
621.0
1,384.5
1,350
5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb
5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
Cocoa
2,288.1
2,300
2,250
US$/mt
Raw Sugar
2,280.4
350
2,280.4
2,200
345.5
340
335.3
2,187.8
2,218.8
330
2,150
2,113.7
2,100
2,117.5
1,950
322.0
314.8
314.0
309.3
301.8
290
1,958.9
280
5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb
5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
Crude Petroleum
9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb
Coal
65
58.0
56.1
56.0
60
59.1
58.1
54.0
US$/bbl
54.6
53.8
50
51.7
48.7
48.4
US$/mt
56.4
55
52.8
52.0
53.5
52.8
52.8
51.7
50.8
51.8
51.8
51.6
50.0
48.2
45
45.6
51.1
49.9
46.0
5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
9 Jan
16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb
5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb
Iron Ore
Scrap Iron
370
140.0
355.0
130.0
350
345.0
320.0
320.0
320.0
320.0
320.0
320.0
320.0
320.0
300.0
300.0
300.0
300.0
300.0
300.0
300.0
121.4
300.0
114.6
110.0
280.0
280.0
US$/dmtu
320.0
128.1
120.0
330.0
310
111.8
100.6
100.0
90.0
96.1
92.7
92.6
81.0
80.0
270
82.4
70.0
230
51.3
51.1
48.0
40
250
326.8
319.8
300
1,900
US$/mt
330.0
324.3
310
2,003.9
2,000
320
331.3
“DRIVING Transformation, POWERING Growth”
2,060.0
2,065.2
2,050
290
9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb
360
2,326.7
US$/mt
2,350
330
1,419.5
1,396.5
1,370
600
1,426.5
Scrap Iron/MT (High)
Scrap Iron/MT(Low)
7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
* data not available from 16 - 30 Jan 2015
250.0
250.0
74.0
68.0
68.0
60.0
50.0
9 Jan
6 Feb 13 Feb
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2014
Jan
2015
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.
MITI Weekly Bulletin / www.miti.gov.my
12
SUCCESS STORY
Established since 1983, Strateq is one of Asia’s
leading technology enablers, which has over the years
become both a Malaysian and regional success story.
Formerly known as Kompakar, the company was a
jack of all trades, penetrating diverse IT markets in all
things related to the booming information technology
age. In 2011, Kompakar was rebranded to Strateq Sdn
Bhd, with a specialised focus on domain expertise,
technology products and services. Strateq’s Group Chief
Executive Officer, Datuk Ir Dr Ahmad Fikri Hussein, is a
strong believer in the strength of Malaysia’s grasp and
expertise in the field of ICT, and is positive that Strateq
will be able to explore new frontiers in this field.
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
CREATING A LEADING INDUSTRY DRIVER WITH
WORLD-CLASS EXPERTISE
From the early inception of Strateq, their
main strength has been on leveraging local industry
expertise and technological strengths to provide both
local and regional clients the means of expanding
their businesses and strengthening their presence
through technological products and services. For the
past 28 years, Strateq’s vision echoes its delivery and
performances that are par excellence.Three vital points
in Strateq’s business development and management lie
in their three vision statements – a vision to foresee,
the ability to execute and the ability to understand their
custom ers like no other. As the ICT industry is very much
like a chameleon, constantly changing to suit the current
situation and time, Strateq recognised the need to have
the business streamlined to very specific needs. As
such, the company’s key product offerings and solutions
are now focused on industry solutions, IT infrastructure
and enterprise systems. These include sub-categories
of healthcare, oil & gas, financial services, data
centre and business continuity, disaster management/
recovery and enterprise solutions and services.
With over 600-strong work force in Malaysia,
the company is considered to be one of the largest
local, homegrown ICT entities in the country. One of
Strateq’s key specialities is its ability to identify the
best and latest technology available in the market
with ease, and use it to implement relevant solution
strategies for their clientele. Innovation is a core
component in all of Strateq’s business solutions, to
ensure that their clients are able to move forward while
improving their respective revenue and profitability.
After almost two decades, Strateq has a strong and
firm presence in the region, including countries such
as Thailand, Hong Kong, Singapore, the Philippines
and China to name a few. Strateq also partners with
a few MNCs to add more value and enhancement
to existing business offerings that they may have.
MATRADE has played a strong supportive and
assistive role in carrying Strateq’s offerings to the
international arena through the myriad of trade missions
and fairs held in various countries. Through participation
in such missions, Strateq has been able to expand their
network of partners and also showcase their unique
solutions and expertise to the international market.
Malaysia is recognised as one of the fastest growing
ICT hubs in the world in comparison to other countries.
Malaysian companies are also fast recognising the
importance of specialised technology solutions to assist
their day-to-day administration and business, and that
change management plays an important role.As a postservice support to all their clients, Strateq also provides
change management programme training, to ensure
that the end user is able to use ICT as a tool to enhance
their work. Some of the custom-made solutions by
Strateq include the AGORA™, which is specific for a
cost-effective solution in sourcing and procurement
and FiSiCien™, a leading locally-designed solutions
product for the healthcare and hospital systems.
A huge component of Strateq’s operations is their
research and development team, who work on improving
and upgrading their solutions consistently. Some
products take up to seven months to be thoroughly
tried and tested before it is ready to be commercialised.
Keeping in mind the specific needs of each industry client,
Strateq’s dedicated team of engineers and specialists
work tirelessly to provide only the best in technology
solutions for all of their
clientele. To support their
expanding business and penetration into the regional
and international markets, Strateq recruits subject matter
experts in all their major business offering components.
The Group now serves over 1,000 organisations
from industries that cut across borders. These also
include Fortune 500 companies, multinationals,
large local organisations and public sector entities.
Company Address :
No 12 Jalan Bersatu 13/4
46200 Petaling Jaya
Selangor Darul Ehsan Malaysia.
T +603-7628 1600
F +603 7956 8692
13
Save the Date...
ASEAN-OECD Conference And Meetings On Good Regulatory Practice
The government of Malaysia, as the 2015 Chair of ASEAN together with the Organisation for
Economic and Co- operation Development (OECD) as its knowledge partner will host three events
on 9-12 March 2015 to assist embedding Good Regulatory Practice (GRP) across ASEAN in 2015:
Monday 9 March 2015: ASEAN- OECD Centres of Government
Meeting (by invitation)
Tuesday 10 – Wednesday 11 March 2015: ASEAN-OECD GRP
Conference
The conference will provide a high-level platform to initiate a broader agenda on GRP
within ASEAN that can support closer intra- and inter-regional connectivity and economic
integration. The conference will bring together government officials and regulators from
ASEAN Member States (AMS) and OECD countries, representatives of business and civil
society, academia, regional and international organisations.
“DRIVING Transformation, POWERING Growth”
Hosted by the Chief Secretary to the Government of Malaysia, this high level meeting
will focus on the role of GRP to drive more responsive public administration. The meeting
will bring together the Heads of Public Administrations, Prime Minister’s Offices, Cabinet
Secretaries, and Secretaries-General of the Government from across ASEAN and OECD
countries.
Thursday 12 March 2015: ASEAN-OECD Good Regulatory Practices
Network Meeting (by invitation)
Chaired by Malaysia and New Zealand, this meeting will provide a government-togovernment discussion on advancing the GRP agenda nationally as well as regionally. The
meeting will bring together senior officials responsible for GRP initiatives in individual AMS,
with the support of OECD peers.
For further information please contact: 2015GRPConference@oecd.org
MITI Weekly Bulletin / www.miti.gov.my
14
MITI Programme
MEDIA ANNOUNCEMENT
TOK BALI SUPPLY BASE
23 FEBRUARY 2015
“DRIVING Transformation, POWERING Growth”
MITI Weekly Bulletin / www.miti.gov.my
15
Visit by the US Congressmen led by Paul Ryan
17 February 2015
“DRIVING Transformation, POWERING Growth”
MITI Weekly Bulletin / www.miti.gov.my
16
: Ahmad Khuzaini Zahid
Sofian
Designation
Job Description
Division
Email
Contact No.
: Administrative Assistant
: Responsible for
handling data entry
and technical problems
: Information Management
: ahmadkhuzaini@miti.gov.my
: 03-62034159
Name
: Haminah Mamat
Designation
Job Description
: Administrative Assistant
: Responsible for
handling data entry and
entry of information in
the server room
: Information Management
: haminah.mamat@miti.gov.my
: 03-62052584
Division
Email
Contact No.
“DRIVING Transformation, POWERING Growth”
Name
Comments & Suggestions
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MITI Weekly Bulletin / www.miti.gov.my
17