Mustapa: Briefing on TPPA Effective
He said through the explanations, the people could see
and evaluate the good and bad effects when the TPPA is
implemented later.
“Before the explanations, they could only see the bad (effects) but now I find it’s
more balanced, their level of understanding has increased after getting a more
comprehensive picture on the TPPA,” he told reporters after launching Wisma
Persekutuan week with customers and Wisma Persekutuan Kelantan Cooperative
Fiesta here.
Mustapa hoped that through the
briefings, people would be able to make
impartial consideration on the good and
bad effects of the TPPA.
Source:Bernama,19 October 2015
MITI Weekly Bulletin / www.miti.gov.my
Meanwhile, Mustapa who is also
Kelantan Federal Development Action
Council chairman hoped Kelantan would
secure new projects that could improve
the people’s standard of living via Budget
2016 that would be tabled by Prime
Minister Datuk Seri Najib Tun Razak in
Parliament .
“DRIVING Transformation, POWERING Growth”
Briefings on the Trans-Pacific Partnership Agreement
(TPPA) nationwide have started to give positive outcome
as more people understand the trade accord, according
to International Trade and Industry Minister Dato’ Seri
Mustapa Mohamed.
MALAYSIA
INDUSTRIAL PRODUCTION INDEX (IPI)
January - August 2015
119.7
3.0%
IPI
Manufacturing Index
Electricity Index
140.2
15.9%
Mining Index
95.5
3.4%
“DRIVING Transformation, POWERING Growth”
128.7
4.3%
Notes: % refer to y-o-y growth
Monthly IPI by Sector
Index
160
January 2014 - August 2015
140.2
140
128.7
120
100
95.5
80
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2014
Mining
Source : Department of Statistics, Malaysia
MITI Weekly Bulletin / www.miti.gov.my
2015
Manufacturing
Electricity
Indicators, Jan - Aug 2015
Manufacturing Sector Performance
Exports
RM398.1 bil. ( 3.0%)
Imports
RM387.3 bil. ( 0.5%)
Manufacturing
Index
Sales
Employment
128.7 ( 4.3%)
RM436.0 bil. ( 0.2%)
1,026,534 persons ( 0.6%)
RM24.0 bil. ( 5.0%)
Salary
Employment by Industry, Jan-Aug 2015
Electrical &
Electronics
321,267 persons
( 0.7%)
Chemicals
Others
313,111 persons
( 1.4%)
Total
Employees
1,026,534
126,458 persons
( 2.1%)
persons
( 0.6)
Rubber
Product
99,606 persons
79,157 persons
( 2.4%)
Wood and Wood
Products
Metal
( 4.0%)
86,944 persons
( 0.4%)
Notes:Others include Transport Equipment, Processed Food And Beverages, Non-Metallic Minerals Products, Textiles & Apparel,
Machinery & Equipment, Scientific & Measuring, Paper, Printing & Publishing, Medical Devices, Leather & Leather and Miscellaneous.
Source : Department of Statistics, Malaysia
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
Notes: % refer to y-o-y growth
‘
and You’
ASEAN Index of Economic Freedom, 2015
(Monetary Freedom
Component)
Scores between 0-100
Monetary freedom combines a measure of price stability with an assessment of price controls. Both inflation
and price controls distort market activity. Price stability without microeconomic intervention is the ideal state
for the free market.
The score for the monetary freedom component is based on two factors:
1) The weighted average inflation rate for the most recent three years and
2) Price controls.
The Index relies on the following sources for data on monetary policy, in order of priority: International
Monetary Fund, International Financial Statistics Online; World Economic Outlook, 2012; Economist
Intelligence Unit, ViewsWire; and official government publications of each country.
2
3
Singapore
83.7
Malaysia
80.8
Phillipines
78.8
4
5
6
Cambodia
78.7
7
Brunei
76.6
Indonesia
74.9
8
9
10
Thailand
69.9
Viet Nam
66.8
Myanmar
66.1
Laos
74.5
Source: http://www.heritage.org/index/monetary-freedom
MITI’s ASEAN Portal can be accessed via http://aec2015.miti.gov.my/
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
1
IMF Projection
for Selected Emerging and Developing Asia Economies
Real GDP
Percent (%)
8.0
7.4
7.5
7.2
7.5
6.8
6.7
6.0 6.1 6.0
6.0
6.0
5.2
5.0
6.3
6.3
5.5
4.9
4.8
4.0
3.7
4.0
5.8
2.0
0.7
China
2014
India
Indonesia
6.0
6.8
6.4
6.1
5.7 5.8
4.2 4.1
4.0
2.0
2016*
Philippines
Vietnam
Consumer Prices
Percent (%)
8.0
6.0
2015*
Thailand
Malaysia
3.1
2.0
2.7
2.1
1.9
2.5
2.4
3.0 2.8 3.2
1.5
1.2
0.3
0.0
2014
China
India
2015*
Indonesia
Malaysia
8.0
6.8
6.1
6.0
Philippines
Vietnam
Unemployment
Percent (%)
4.0
Thailand
2016*
4.1
4.1
3.0
2.5
0.8
6.0
5.6
4.1
2.9
2.0
6.2
5.8
3.0
2.5
0.8
2.5
0.8
0.0
China
2014
Indonesia
Thailand
2015*
Malaysia
Note: * Projections
% refer to y-o-y growth
Source: http://www.imf.org/external/pubs/ft/weo/2015/update/02/
MITI Weekly Bulletin / www.miti.gov.my
Philippines
2016*
Vietnam
“DRIVING Transformation, POWERING Growth”
International Report
0.0
Rank
DID YOU KNOW?
Visa Restrictions Index 2015
Score*
Score*
5 Austria 169 Ireland
Singapore
Switzerland
6 Australia 168
7 Greece 167
Malta
8 Iceland 164
Czech Republic
9 Malaysia 163
Hungary
10 Slovakia 162
18 Argentina 150
Brunei
Note:
Visa Restrictions Index is a global
ranking of countries according
to the travel freedom that their
citizens enjoy.
Note:* Number of countries and territories which can be entered without a visa by a citizen of the respective country
Source:https://www.henleyglobal.com/
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
1 Germany 173
UK
2 Findland 172
Sweden
USA
3 Denmark 171
France
Italy
Japan
ROK
Luxembourg
Netherlands
Norway
4 Belgium 170
Canada
New Zealand
Portugal
Spain
Rank
Malaysian Ringgit Exchange Rate with
Singapore Dollar and Thai Baht
SGD = RM
100 THB = RM
1 SGD = RM 3.05
3.10
12.50
100 THB = RM 11.97
3.00
12.00
2.90
11.50
2.80
2.70
11.00
2.60
10.50
2.50
10.00
2.40
9.50
2.30
2.20
9.00
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
2014
2015
Source : Bank Negara, Malaysia
Gold Prices, 12 June - 16 October 2015
Gold
US$/Gram
39.0
38.0
38.0
38.0
37.5
37.0
36.5
36.0
35.5
35.0
16 Oct
9 Oct
2 Oct
25 Sep
18 Sep
11 Sep
28 Aug
21 Aug
14 Aug
7 Aug
31 Jul
24 Jul
16 Jul
10 Jul
3 Jul
26 Jun
19 Jun
12 Jun
34.0
4 Sep
34.5
Source : http://www.gold.org/investments/statistics/gold_price_chart/
Silver and Platinum Prices, 12 June - 16 October 2015
Silver
US$/Oz
16.0
Platinum
US$/Oz
16.5
1,150.0
16.0
16.1 1,100.0
1,096.0
15.5
15.0
1,050.0
14.5
1,000.0
1009.0
14.0
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
16 Jul
24 Jul
31 Jul
7 Aug
14 Aug
21 Aug
28 Aug
4 Sep
11 Sep
18 Sep
25 Sep
2 Oct
9 Oct
16 Oct
13.0
900.0
http://online.wsj.com/mdc/public/page/2_3023-cashprices.html?mod=topnav_2_3023
MITI Weekly Bulletin / www.miti.gov.my
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
16 Jul
24 Jul
31 Jul
7 Aug
14 Aug
21 Aug
28 Aug
4 Sep
11 Sep
18 Sep
25 Sep
2 Oct
9 Oct
16 Oct
950.0
13.5
“DRIVING Transformation, POWERING Growth”
38.5
Number and Value of Preferential Certificates of Origin (PCOs)
Number of Certificates (Provisional data)
23 Aug 2015
30 Aug 2015
6 Sep 2015
1,040
916
727
868
674
724
780
577
614
574
AANZFTA
AIFTA
13 Sep 2015 20 Sep 2015 27 Sep 2015
4 Oct 2015
11 Oct 2015
1,017
1,026
875
597
776
643
AJCEP
211
210
195
236
167
197
241
250
ATIGA
4,422
4,358
4,506
4,346
3,955
4,037
4,837
4,481
ACFTA
1,505
1,461
1,242
1,307
1,021
1,035
1,582
1,552
AKFTA
912
744
755
825
609
755
778
837
MICECA
336
305
239
250
274
302
311
338
MNZFTA
3
3
2
21
2
7
6
10
MCFTA
110
71
65
77
42
57
77
71
MAFTA
449
436
318
414
368
390
417
481
MJEPA
815
966
771
732
754
824
927
679
MPCEPA
186
170
109
155
115
130
153
113
GSP
160
129
144
123
122
159
176
103
MTFTA
239
283
152
321
141
172
202
217
Notes: The preference giving countries under the GSP scheme are Cambodia, the Russian Federation, Japan, Switzerland, and Norway.
ATIGA: ASEAN Trade in Goods Agreement
(Implemented since 1 May 2010)
AJCEP: ASEAN-Japan Comprehensive Economic Partnership
(Implemented since 1 February 2009)
ACFTA: ASEAN-China Free Trade Agreement
(Implemented since 1 July 2003)
AKFTA: ASEAN-Korea Free Trade Agreement
(Implemented since 1 July 2006)
AIFTA: ASEAN-India Free Trade Agreement
(Implemented since 1 January 2010)
Value of Preferential Certificates of Origin
1,400
600
1,200
1,000
400
RM million
RM million
500
300
200
600
400
100
0
800
200
0
23 Aug
30 Aug
6 Sep
13 Sep
20 Sep
27 Sep
4 Oct
11 Oct
23 Aug
30 Aug
6 Sep
13 Sep
20 Sep
27 Sep
4 Oct
11 Oct
AANZFTA
99
85
78
82
70
124
109
88
ATIGA
783
1,272
754
681
766
659
944
849
AIFTA
153
209
188
156
522
153
252
182
ACFTA
982
557
435
902
341
480
901
645
AJCEP
71
58
91
110
67
89
122
102
AKFTA
137
160
172
851
123
271
150
659
180
60
160
140
120
40
RM million
RM million
50
30
20
100
80
60
40
10
0
20
0
23 Aug
30 Aug
6 Sep
13 Sep
20 Sep
27 Sep
4 Oct
11 Oct
23 Aug
30 Aug
6 Sep
13 Sep
20 Sep
27 Sep
4 Oct
11 Oct
MICECA
56.30
47.98
47.81
35.16
38.17
50.45
55.99
44.26
MJEPA
162
162
113
131
165
157
154
112
MNZFTA
0.08
0.10
0.01
0.45
0.07
0.42
0.09
0.10
MPCEPA
69
41
11
53
59
16
20
12
MCFTA
12.65
24.53
43.73
55.92
6.16
20.31
11.12
30.17
GSP
27
21
32
23
48
39
32
44
MAFTA
41.61
35.63
30.60
30.81
32.08
35.02
40.40
44.61
MTFTA
68
89
112
144
55
62
72
147
Source: Ministry of International Trade and Industry, Malaysia
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
MPCEPA: Malaysia-Pakistan Closer Economic Partnership
Agreement (Implemented since 1 January 2008)
MJEPA: Malaysia-Japan Economic Partnership
Agreement (Implemented since 13 July 2006)
MICECA: Malaysia-India Comprehensive Economic
Cooperation Agreement (Implemented since 1 July 2011)
MNZFTA: Malaysia-New Zealand Free Trade Agreement
(Implemented since 1 August 2010)
MCFTA: Malaysia-Chile Free Trade Agreement
(Implemented since 25 February 2012)
MAFTA: Malaysia-Australia Free Trade Agreement
(Implemented since 1 January 2013)
MTFTA: Malaysia-Turkey Free Trade Agreement
(Implemented since 1 August 2015)
AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement
(Implemented since 1 January 2010)
Commodity Prices
Commodity
Crude
Petroleum
(per bbl)
Crude
Palm Oil
(per MT)
Raw
Sugar
(per MT)
Rubber
SMR 20
(per MT)
Cocoa
SMC 2
(per MT)
Coal
(per MT)
Scrap Iron
HMS
(per MT)
16 Oct 2015
(US$)
47.3
586.0
298.0
1,280.5
2,030.2
46.4
210 (high)
195 (low)
% change*
4.8
0.3
2.0
0.1
0.2
0.2
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
(16 Oct 2015)
US$47.3 per bbl
Highest
(US$ per bbl)
Lowest
(US$ per bbl)
2015
29 May 2015: 60.3
2015
21 Aug 2015: 40.5
2014
13 June 2014: 107.6
2014
26 Dec 2014: 54.6
Average Domestic
Prices, 9 Oct 2015
Billets
(per MT)
RM1,300 - RM1,350
Crude Palm Oil
(16 Oct 2015)
US$586.0 per MT
Highest
(US$ per MT)
Lowest
(US$ per MT)
2015
16 Jan 2015: 701.0
2015
4 Sep 2015: 500.5
2014
14 Mar 2014: 982.5
2014
26 Dec 2014: 664.0
Steel Bars
(per MT)
RM1,500 - RM1,600
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board,
Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group.
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
Notes: All figures have been rounded to the nearest decimal point
* Refer to % change from the previous week’s price
i Average price in the year except otherwise indicated
n.a Not availble
Commodity Price Trends
Rubber SMR 20
Crude Palm Oil
1,450
640
620
600
599.5
1,341.5
1,350
586.0
1,343.5
580
584.0
1,302.5
1,300
1,285.0
US$/mt
577.5
US$/mt
1,396.0
1,400
622.5
560
540
1,279.5
1,250.5
1,250
553.5
551.0
1,281.5
1,280.5
1,243.5
1,216.5
1,200
529.5
520
522.0
512.5
500
500.5
1,150
503.5
1,100
480
31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct
9 Oct 16 Oct
9 Oct 16 Oct
Black Pepper
Cocoa
2,300
8,500
2,231.5
7,967
8,000
2,200
7,822
7,894
2,183.8
7,707
7,500
2,115.5
7,296
7,507
2,100
7,286 7,267
2,044.3
2,047.3
2,058.0
2,033.5
2,000
2,009.8
2,021.6
2,030.2
2,034.5
USD/ tonne
2,094.5
7,853
7,806
1,910.4
7,000
7,026
6,742
6,469
6,500
6,000
1,900
6,940
7,148
7,063
6,864
6,515
6,245
5,740
5,779
5,843
5,500
1,800
24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct
Oct
Sep
Jul
Aug
Jun
Apr
May
Mar
Jan
Feb
Dec
Oct
Crude Petroleum
60
300
55
298.0
54.6
292.3
280
52.7
52.2
50
US$/bbl
274.8
US$/mt
Nov
2015
Raw Sugar
260
254.0
245.3
242.0
249.0
49.0
49.6
49.6
48.1
47.1
45
245.8
45.5
43.9
240.0
228.5
50.1
48.6
48.1
45.2
48.6
47.5
46.1
45.7
44.6
44.7
48.1
50.5
47.3
45.5
42.5
234.0
220
Sep
Jul
2014
* until 16 October 2015
320
240
Aug
Jun
Apr
May
Mar
Jan
1,700
Feb
5,000
40
228.0
40.5
Crude Petroleum (WTI)/bbl
35
200
31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct
9 Oct 16 Oct
Crude Petroleum (Brent)/bbl
24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct
US$/mt
1,262.5
Commodity Price Trends
Copper
Aluminium
2,100
2,056
2,030
7,400 7,291
7,200
2,000
1,946
1,909
1,800
1,819
1,815
1,727
1,804
1,774
1,751
1,700
1,695
1,705
6,446
6,200
6,295
6,042
5,940
6,000
5,831
5,833
5,729
5,457
5,400
1,590
5,217
5,127
5,200
1,548
5,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
2014
6,650
6,400
5,600
1,640
1,500
6,713
6,737
6,674
5,800
1,688
1,600
6,872
6,821
6,600
1,818
1,839
1,811
6,891
6,800
US$/ tonne
1,900
US$/ tonne
7,000
1,990
1,948
7,113
7,002
7,149
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
2015
2014
2015
47.8
19,401
19,118
47.6
19,000
18,629 18,600
17,000
47.4
18,035
47.5
47.2
17,374
47.3
47.3
14,574
14,849
14,101 14,204
13,756
13,000
47.3
47.2
47.0
15,812 15,807
15,678
US$/mt
US$/ tonne
15,962
15,000
47.3
47.3
46.8
46.9
46.9
46.6
13,511
11,000
46.6
46.4
12,831 12,825
46.4
46.4
46.2
11,413
10,386
9,938
9,000
46.0
45.8
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
2014
45.6
2015
31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct
9 Oct 16 Oct
Iron Ore
Scrap Iron
140.0
300
130.0 128.1
280.0
280
280.0
270.0
120.0
270.0
110.0
260.0
260.0
260.0
260.0
250.0
240.0
240
230.0
230.0
111.8
100.0
250.0
250.0
220
114.6
100.6
250.0
US$/dmtu
260
US$/mt
121.4
280.0
230.0
230.0
90.0
96.1
81.0
80.0
230.0
82.4
210.0
210.0
210.0
200
68.0
68.0
60.0
50.0
195.0
Scrap Iron/MT(Low)
63.0
60.0
58.0
63.0
56.0
52.0
57.0
52.0
40.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
180
15 May 29 May 5 Jun 19 Jun
74.0
70.0
220.0
Scrap Iron/MT (High)
92.6
92.7
3 Jul
24 Jul 7 Aug 14 Aug 28 Aug 11 Sep 25 Sep 9 Oct
2014
2015
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
Coal
Nickel
The Dock Cleaner’s Guide to Success
The story of Abdul Malik Bin Samat is a classic
entrepreneurial success story. Years of timeless
effort and a burning entrepreneurial spirit have
rewarded Malik well. He is the proud owner of
the biggest bitumen depot in north of Peninsular
Malaysia, a facility with a built-up holding
capacity of 12,000 metric tons. What is the story
behind his success?
The shining jewel of Malik’s crown is his multimillion ringgit bitumen depot which he built
from reclaiming a piece of swampland near
the Butterworth jetty. It truly is a testament
to his impressive entrpreneurial spirit and
determination. The depot is strategically located
with access to sea and air routes connecting it
to major ports and cities around the globe.
He was able to see himself doing well in the
industry, and thus he made plans to start a small
business to trade in petroleum products. In 1999,
with an initial capital of RM50,000 and armed with
a sharp business mind, Malik started business
with a humble workforce of 5 employees.
With a workforce of almost 100 multi-talented
professionals, Innate Synergy Sdn Bhd stands as
a major supplier of petroleum products such as
bitumen, diesel, MFO, LFO, LPG and lubricants.
The company now owns a fleet of 30 owned and
chartered Bitumen tankers and 5 ADO tankers.
Next on Malik’s list of things to do is to own his
He supplied diesel and fuel oil to the industrial very own sea-going oil tanker. We look forward
regions in northern Malaysia. Initially, he could to seeing this dynamic entrepreneur chart his
only afford to rent diesel lorries to transport spectacular course!
products and support his business growth. He
quickly learned how to compete and succeed. - See more at: http://www.yoursuccessourstory.
Malik got his first big breakthrough when he won com/story02.html#page=page-1
a big contract to supply diesel and fuel oil to a
major multi-national company.
As his company grew, Malik started to explore
financing possibilities. As a small company Malik
found it very difficult to even get an appointment
with the commercial bankers. However Malik
found a willing audience with SME Bank and
was pleasantly surprised that the bank even
took the initiative to help him with technical
and financial consultancy. In 2009, Malik was
MITI Weekly Bulletin / www.miti.gov.my
Innate Synergy Sdn Bhd
Address: 23, Lebuh Nipah,
11900, Pulau Pinang
Te l : + 6 0 4 - 6 4 5 7 2 9 3
“DRIVING Transformation, POWERING Growth”
When he started out in his career Malik was
working as an ordinary dock cleaner. Day in
and day out, he was only cleaning up the mess
left behind by the oil tankers. Malik was grateful
for the decent money he was earning from his
humble job but he had bigger ambitions for his
life.
provided with the financing that he needed - a
whopping RM17 million under Pembiayaan
Bai’Istisna (BIS), followed by another RM 9
million under Bai’Bithaman Ajil (BBA). With this
much needed injection of capital and expertise,
Malik’s company was able to achieve remarkable
growth.
MITI Programme
Perhimpunan Bulanan MITI & Agensi
20 Oktober 2015
“DRIVING Transformation, POWERING Growth”
MITI Weekly Bulletin / www.miti.gov.my
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
Program #TANYA GOMEN
Kuala Lumpue Sentral
16 Oktober 2015
Announcement
MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY (MITI)
Trans-Pacific Partnership Ministers’ Statement
October 5, 2015
TPP brings higher standards to nearly 40 percent of the global economy.
In addition to liberalizing trade and investment between us, the agreement
addresses the challenges our stakeholders face in the 21st century, while taking
into account the diversity of our levels of development. We expect this historic
agreement to promote economic growth, support higher-paying jobs; enhance
innovation, productivity and competitiveness; raise living standards; reduce
poverty in our countries; and to promote transparency, good governance, and
strong labor and environmental protections.
To formalize the outcomes of the agreement, negotiators will continue technical
work to prepare a complete text for public release, including the legal review,
translation, and drafting and verification of the text. We look forward to engaging
with stakeholders on the specific features of this agreement and undergoing
the domestic processes to put the agreement in place.
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
We, the trade ministers of Australia, Brunei Darussalam, Canada, Chile,
Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, United States, and
Vietnam, are pleased to announce that we have successfully concluded the
Trans-Pacific Partnership. After more than five years of intensive negotiations,
we have come to an agreement that will support jobs, drive sustainable growth,
foster inclusive development, and promote innovation across the Asia-Pacific
region. Most importantly, the agreement achieves the goal we set forth of an
ambitious, comprehensive, high standard and balanced agreement that will
benefit our nation’s citizens.
More infomation on World Statistics Day’s Background can be accessed via
https://www.statistics.gov.my/index.php?r=column/cone&menu_id=ait1MUIrazlDTVM3cU1uWWI2aHlXZz09
@ YOUR SERVICE
: Hjh. Nik Fajariah Hj. Nik Mustaffa
: Assistant IT Officer
: Assist in maintaining and managing the
restoration process of the main server.
: Information management
: 603-6200 0428
Email : nikfajar@miti.gov.my
Name
Designation
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: Rajeswary a/p Vasu
: Assistant IT Officer
: Assist and maintain the international trade system and application.
Division : Information management
Contact No : 603-6200 0427
Email: rajeswary@miti.gov.my
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MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
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