MITI in the News
Malaysia to Lead Conversations on ASEAN Economic
Integration at WEF 2015
One of the objectives of Malaysia’s participation
at the forum is to promote Malaysia as the premier
investment location and tourist destination in Asia.
Malaysia’s participation at this year
World Economic Forum (WEF) reflects
its commitment to shape the global
trade agenda, and lead conversations
on ASEAN economic integration,
International Trade and Industry Minister
Dato’ Sri Mustapa Mohamed said.
“This is an important year for
Malaysia and as Chair of ASEAN,
we must be in the forefront in
ensuring the realisation of the ASEAN
Economic
Community
(AEC).
“We must take the opportunity to
engage the international business
community and civil society and lead by
example,” he said in a statement Friday.
It also aimed at promoting Kuala Lumpur as the premier
location for multinational companies regional headquarters;
to showcase Malaysia’s economic transformation success,
and to highlight Malaysia’s role as Chair of ASEAN,
specifically the emphasis on a people-centered ASEAN.
The Prime Minister will be participating in the following
WEF sessions, namely the ASEAN Regional Business
Council; the Informal Gathering of World Economic
Leaders (IGWEL): ‘Defining the Imperatives for 2015’;
and the ASEAN Leader session-Channel NewsAsia-TV
Debate: “Creating the ASEAN Economic Community”.
Najib will be meeting several heads of state and chief
executive officers of prominent global corporations
with
keen
investment
interests
in
Malaysia.
Apart from the meetings and speaking engagements, the
Prime Minister and the ministers will also host roundtables
with business leaders and a special event to promote Malaysia.
Prime Minister Datuk Seri Najib Tun
Razak will be attending the two-day
forum from Jan 23 in Davos, Switzerland.
The WEF is an independent global forum for engagement
and dialogue involving stakeholders from business and
political fraternities, academia and other societal leaders to
shape opinions on the global, regional and sectoral agenda.
Najib, who is also Finance Minister,
will be accompanied by Mustapa
and Minister in the Prime Minister’s
Department Datuk Seri Wahid Omar.
The forum, under the theme “The New Global
Context”,
will
discuss
and
address,
among
others, industry and business related issues in
the context of current global economic scenario.
Source: Bernama, 16 January 2015
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
The
delegation
also
includes
several
prominent
Malaysian
business
leaders
as
well as heads of investment-related agencies.
01
Mustapa Meets Counterpart In India
International Trade and Industry Minister Dato’ Sri Mustapa Mohamed met Indian Commerce and
Industry Minister Nirmala Sitharaman and discussed the strong bilateral ties between the two nations.
Among others, India requested Malaysia, which is the current chair of ASEAN, to take up a more proactive
role in the negotiations for the Regional Comprehensive Economic Partnership (RCEP) trade pact.
Mustapa
of the
said Malaysia considered the conclusion of the RCEP negotiations as one
deliverables during Putrajaya’s chairmanship of the 10-member grouping.
There are ample political will to conclude the negotiations, he said during the 15-minutes meeting
held on the sidelines of the Confederation of Indian Industry Partnership Summit 2015 here today.
RCEP is a proposed free trade agreement, which involves the 10 members of ASEAN and
six other nations namely Australia, China, India, Japan, South Korea and New Zealand.
The negotiations for RCEP, which involves 3 billion people and a combined Gross Domestic Product
of US$17 trillion, were formally launched in November 2012 at the ASEAN Summit in Cambodia.
Mustapa was also hopeful that Indian Prime Minister Narendra Modi will visit Malaysia this year.
Source: Bernama, 16 January 2015
Malaysian Businessmen Told to Gear Up for
ASEAN Competition
Local companies, both big and small,
need to “up their game” and gear up for
competition with the upcoming ASEAN
Economic Community (AEC) this year.
“With the market liberalisation, we’re talking
about an economic community,” said International
Trade and Industry Ministry ASEAN Economic
Cooperation Division, Senior Director P.
Ravidran at a media roundtable yesterday on
the impact of the ASEAN Free Trade Area on
the commercial vehicle and logistics industry.
“The Government has put in place
movements to remove barriers to trade,
so it’s up to the private sector to take
advantage and adjust their business models.”
“If you want to grow, you have to ensure that there’s
more trade taking place and logistics has to be
efficient.” He added that the long term target was to
grow intra-ASEAN trade to 34%. “Logistics is one
of the 12 priority integration sectors in ASEAN. You
have to move cargo efficiently and that saves cost
for businesses. “So logistics shall and will remain
an important component of international trade.”
The
upcoming
AEC
is
expected
to
promote
the
harmonisation
of
rules
and
ease
trading
within
the
region.
“We need harmonisation of rules. We can’t have 10
different standards,” he said. “If I were a company
and I had to manufacture a product conforming
to 10 different standards, it’s not economical.”
He added that local companies could not just rely
on the domestic market for growth. “You have to
export and with the removal of barriers to trade,
it’s not just for the big companies to benefit,
but also small and medium-sized enterprises.”
The roundtable was organised by Asian Trucker
magazine and featured speakers from the
logistics industry. Asian Trucker magazine
editor Stefan Pertz noted that the Malaysian
Government had an important role to play
when it came to providing clear guidelines on
cross border land transportation to the industry.
According to reports, the 10-member ASEAN has
completed over 83% or 366 out of 436 economic
integration measures under the AEC. About
90% of the integration measures are expected to
“This is to ensure there will be no confusion
and hiccups for companies which are
operating in their respective countries when
goods
are
transported
across
borders.”
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
be achieved by the end of this year. The AEC will
be announced in November this year during the
27th ASEAN Summit. Ravidran noted that the local
logistics sector could benefit significantly from
the AEC. “As at 2013, intra-ASEAN trade is 24%
but logistics is an important component of trade.
Source: Bernama, 15 January 2015
02
Malaysia
Manufacturing Sector Performance
Manufacturing Indicators, Jan - Nov 2014
Exports
Imports
IPI*
Sales
RM535.1 bil.
RM538.3 bil.
122.3
5.9%
RM600.1 bil.
6.2%
Jul
Aug Sep Oct Nov
49.6
45.9
49.2
52.1
46.6
49.2
50.4
49.4
49.8
47.9
44.4
41.6
48.3
48.3
49.6
49.1
47.4
46.2
Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
47.9
49.7
49.8
50.8
51.9
49.5
Jul
48.1
47.5
48.6
48.4
43.4
44.3
43.4
45.0
42.2
47.0
45.0
48.2
46.8
50.5
40
38.9
38.4
42.8
45.6
50
49.9
55.3
6.1%
Monthly Trade Value
60
RM billion
RM31.3 bil.
1,030,383
persons
1.5%
49.1
48.0
5.4%
7.3%
Employment Salaries & Wages
30
20
10
Jan Feb Mar Apr May Jun
2014
Exports
Imports
Monthly Employment and Salaries & Wages
1,055
3.10
3.03
2.90
2.86
1,045
1,040
2.78
1,035
1,025
2.74
2.67
2.65
1,030
2.68 2.68
2.62
2.66
3.00
2.86
2.77
2.69
2.86 2.87 2.85
2.82
2.82 2.84 2.84
2.90
2.80
2.70
2.72
2.60
2.58
1,030
1,029
1,031
1,033
1,031
1,033
1,029
1,027
1,025
1,021
1,029
1,018
1,015
1,014
1,015
1,016
1,018
1,022
1,010
1,026
2.40
1,024
1,015
1,025
2.50
1,016
1,020
1,023
Employment ('000 persons)
1,050
2.30
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
2013
2014
2013
Note: *IPI = Industrial Production Index
% refers to y-o-y growth
MITI Weekly Bulletin / www.miti.gov.my
2014
129.0
123.4
126.1
123.4
Aug
125.9
124.1
Jul
124.3
119.9
122.1
111.1
115.9
121.0
119.0
125.0
120.4
114.9
120.3
115.3
2013
Oct
Nov
Sep
Jun
Apr
May
Mar
Feb
Jan
Dec
Nov
Oct
Sep
Aug
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Jul
44
Jun
46.1
May
51.4
115.1
54.3
114.8
53.3 53.1 53.3
114.1
53.5
Apr
46
49.4
53.0
Mar
48
50.0
50.3
53.8
Monthly IPI
110.6
50
51.3
53.1 53.2
55.6
135
130
125
120
115
110
105
100
95
90
101.1
RM billion
54
55.1
55.8 55.5
55.1
54.8
Jan
54.0
55.9
Industrial Production Index (2010=100)
Monthly Sales
56
52
Salaries & Wages
Feb
Employment
58
“DRIVING Transformation, POWERING Growth”
2013
Salaries & Wages (RM billion)
0
2014
Source: Malaysia Department of Statistics
03
Trade of Manufacturing Products, Jan-Nov 2014
Export in Manufacturing
2013: RM548.1 billion
Jan-Nov 2014: RM535.1 billion
Import in Manufacturing
2013: RM559.8 billion
Jan-Nov 2014: RM538.3 billion
Employment
IPI
IPI (2010=100)
Employment (persons)
313,426
317,434
E&E
125,584
128,721
Chemicals
Metal
86,855
86,565
Wood And Wood Products
Transport Equipment
74,726
74,852
Transport Equipment
59,029
59,478
Non-Metallic Minerals
Products
Textiles & Apparel
38,552
41,686
Machinery & Equipment
132.6
124.0
127.8
113.4
Palm Oil
Rubber Products
41,396
43,254
118.4
Metal
74,138
76,969
Processed Food And
Beverages
115.0
E&E
103,337
101,905
Wood And Wood Products
113.4
Chemicals
122.0
103.9
108.8
129.7
148.6
112.9
Processed Food And Beverages
Jan-Nov 2013
Jan-Nov 2014
121.9
114.2
Non-Metallic Minerals Products
121.8
123.8
Rubber Products
22,454
22,566
“DRIVING Transformation, POWERING Growth”
Select Indicators in Manufacturing Sector by Major Industries,
Jan-Nov 2014
122.3
109.9
Machinery & Equipment
115.9
Jan-Nov 2013
Jan-Nov 2014
Sales
Source: Malaysia Department of Statistics
MITI Weekly Bulletin / www.miti.gov.my
04
“ASEAN and You”
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:
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.
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
AMS and OECD countries, representatives of business and civil society, academia, regional
and international organisations.
“DRIVING Transformation, POWERING Growth”
Monday 9 March 2015: ASEAN OECD Centres of Government
Meeting (by invitation)
Thursday 12 March: 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.
More detailed information, including an agenda, invite and registration forms will be forthcoming
in early 2015. For further information please contact: 2015GRPConference@oecd.org
MITI Weekly Bulletin / www.miti.gov.my
05
International Report
US Trade Performance
US Trade, Jan - Nov 2014
US Trade in Goods and Services,
Jan - Nov 2014
US$ billion
Exports
Imports
Total
Trade
270
1,500.9
2,173.1
3,674.0
250
Goods
Services
Goods & Services
649.7
437.5
1,087.2
2,150.7
2,610.5
4,761.2
Imports
US$11.9 bil.
US$28.2 bil.
242.2
242.3
246.5
239.7
230
245.1
238.6
234.8
225.6
231.3
Trade Balance: Export - Imports
US Bilateral Trade in Goods
with Malaysia, Jan - Nov 2014
Exports
253.3
Imports
210
206.5
211.3
201.4
199.1
190
194.3
198.6
198.4
193.8
196.0
193.4
Exports
188.0
181.3
170
150
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Source: CEIC Database
Top 10 Richest
Nations in the
World
3
7
UAE
4
1
Qatar
Luxembourg
GDP per capita
US$91,379
Norway
GDP per capita
US$57,774
GDP per capita
US$56,920
Switzerland
Netherlands
GDP per capita
US$46,424
2
8
GDP per capita
US$42,447
5
Singapore
GDP per capita
US$56,797
9 Ireland
GDP per capita
US$39,999
GDP per capita
US$89,862
6
USA
“DRIVING Transformation, POWERING Growth”
Do you know?
GDP per capita
US$47,084
10
Austria
GDP per capita
US$39,711
Source: www.worldatlas.com
MITI Weekly Bulletin / www.miti.gov.my
06
Number and Value of Preferential Certificates of Origin (PCOs)
Number of Certificates
23 Nov 2014 30 Nov 2014
7 Dec 2014
14 Dec 2014
21 Dec 2014 28 Dec 2014
4 Jan 2015
11 Jan 2015
AANZFTA
966
915
919
602
879
746
766
819
AIFTA
503
513
601
458
589
416
441
498
AJCEP
206
138
285
191
188
173
134
325
ATIGA
4,899
4,138
4,749
3,925
4,731
3,336
4,021
3,967
ACFTA
1,514
1,477
1,664
1,405
1,638
1,336
1,167
1,231
AKFTA
930
640
741
750
840
633
597
585
MICECA
316
253
274
251
305
223
314
267
MNZFTA
0
9
6
12
11
4
9
10
MCFTA
80
59
89
65
79
42
48
61
MAFTA
489
409
336
328
379
322
341
375
MJEPA
926
790
967
773
713
702
741
948
MPCEPA
106
157
143
151
113
122
124
157
GSP
100
158
122
93
162
136
94
144
Notes: The preference giving countries under the GSP scheme are Japan, Switzerland, the Russian Federation, Norway, Cambodia and Kazakhstan.
MPCEPA: Malaysia-Pakistan Closer Economic Partnership
Agreement (Implemented since 1 January 2008)
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)
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)
200
10,000
180
9,000
160
8,000
140
7,000
120
6,000
RM miliion
RM million
Value of Preferential Certificates of Origin
100
80
5,000
4,000
60
3,000
40
2,000
20
1,000
0
23 Nov
30 Nov
7 Dec
14 Dec
21 Dec
28 Dec
4 Jan
11 Jan
AANZFTA
95
81
82
43
73
66
80
115
AIFTA
82
112
150
99
123
77
178
110
AJCEP
91
41
100
87
78
50
34
136
0
30 Nov
7 Dec
14 Dec
21 Dec
28 Dec
4 Jan
11 Jan
2,630
698
755
590
9,561
2,489
790
561
ACFTA
621
648
927
764
852
414
451
306
AKFTA
192
929
875
538
245
137
126
656
300
90
80
250
70
200
60
50
RM million
RM million
23 Nov
ATIGA
40
30
150
100
20
50
10
0
“DRIVING Transformation, POWERING Growth”
AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement
(Implemented since 1 January 2010)
0
23 Nov
30 Nov
7 Dec
14 Dec
21 Dec
28 Dec
4 Jan
11 Jan
23 Nov
30 Nov
7 Dec
14 Dec
21 Dec
28 Dec
4 Jan
11 Jan
MICECA
38.94
38.97
37.51
30.00
60.61
31.94
53.02
44.94
MJEPA
155
274
159
128
125
93
179
145
MNZFTA
0.00
0.22
0.40
0.14
0.12
0.07
0.07
0.31
MPCEPA
12
18
13
42
14
14
11
34
MCFTA
9.44
9.84
37.71
7.43
14.55
9.35
14.10
12.17
GSP
14
19
14
16
19
17
14
20
MAFTA
78.68
58.87
29.20
24.05
33.37
24.97
47.84
28.88
Source: Ministry of International Trade and Industry, Malaysia
MITI Weekly Bulletin / www.miti.gov.my
07
Malaysian Ringgit Exchange Rate with British Pound Sterling
and Singapore Dollar, January - December 2014
British Pound Sterling (GBP)
Singapore Dollar (SGD)
5.60
2.70
1 GBP = RM 5.44
5.40
2.65
5.20
2.60
5.00
2.55
1 SGD = RM 2.65
4.80
2.50
4.60
2.45
4.40
2.40
4.20
2.35
4.00
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2013
2.30
2014
Source : Bank Negara Malaysia
Gold and Silver Prices, 31 October 2014 - 16 January 2015
Gold
41.1
41.0
US$/Oz
18.0
Silver
17.5
17.2
17.0
40.0
16.5
39.0
38.0
16.2
16.0
37.4
15.5
37.0
16 Jan
9 Jan
2 Jan
26 Dec
19 Dec
12 Dec
5 Dec
28 Nov
21 Nov
14 Nov
31 Oct
16 Jan
9 Jan
2 Jan
26 Dec
19 Dec
12 Dec
5 Dec
28 Nov
21 Nov
14.0
14 Nov
35.0
7 Nov
14.5
31 Oct
36.0
7 Nov
15.0
Source : http://www.gold.org/investments/statistics/gold_price_chart/
“DRIVING Transformation, POWERING Growth”
US$/Gram
42.0
Aluminium, Nickel and Copper Prices, January - December 2014
US$/mt
20,000
17,500
15,962
15,000
12,500
10,000
6,446
7,500
5,000
1,909
2,500
Jan Feb Mar Apr May Jun
Jul
Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
2013
Jul
Aug Sep Oct Nov Dec
2014
Aluminum
Copper
Nickel
Source : http://econ.worldbank.org
MITI Weekly Bulletin / www.miti.gov.my
08
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)
n.a (high)
n.a (low)
16 Jan 2015
(US$)
48.7
701.0
335.3
1,396.5
2,187.8
51.6
% change*
0.7
0.7
11.1
3.9
3.3
3.6
n.a
n.a
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
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
Crude Petroleum
(16 January 2015)
US$48.7 per bbl
Highest
(US$ per bbl)
Lowest
(US$ per bbl)
2015
2 Jan 2015: 53.8
2015
9 Jan 2015: 48.4
2014
13 June 2014: 107.6
2014
26 Dec 2014: 54.6
Average Domestic
Prices, 9 Jan 2015
Billets
(per MT)
RM1,600 - RM1,700
“DRIVING Transformation, POWERING Growth”
Highest and Lowest Prices, 2014/2015
Crude Palm Oil
(16 January 2015)
US$701.0 per MT
Highest
(US$ per MT)
Lowest
(US$ per MT)
2015
16 Jan 2015: 701.0
2015
9 Jan 2015: 696.1
2014
14 Mar 2014: 982.5
2014
26 Dec 2014: 664.0
MITI Weekly Bulletin / www.miti.gov.my
Steel Bars
(per MT)
RM1,900 - RM2,000
09
Commodity Price Trends
Rubber SMR 20
Crude Palm Oil
760
1,600
748.0
740
1556.5
720
1,550
716.0
700.5
710.5
699.2
696.1
669.0
660
1525.0
1,500
681.5
680
1541.0
701.0
US$/mt
1,520.5
1,513.0
1,481.0
1,481.0
1482.0
1,470.5
1,450
664.0
1,453.0
1,436.5
640
1,400
1,396.5
620
1,350
600
31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
9 Jan 16 Jan
Cocoa
2,559.9
2,500
Raw Sugar
350
2,529.0
330
2,400
2,352
2,300
2,326.7
2,288.1
2,326.7
US$/mt
2,280.4
2,280.4
2,200
328.5
335.3
332.5
322.0
324.0
320
319.8
2,187.8
2,117.5
301.8
290
280
31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
9 Jan 16 Jan
31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
Crude Petroleum
Coal
54.0
77.9
76.7
74.4
75
53.5
70
53.3
53.0
53.1
66.4
65
60
US$/mt
58.1
59.1
55
56.4
54.6
53.8
50
52.0
52.0
51.8
48.4
48.7
9 Jan
16 Jan
31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
170.0
154.6
355.0
150.0
345.0
330.0
320.0
320.0
320.0
320.0
320.0
310
110.0
114.8
111.8
100.6
90.0
300.0
Scrap Iron/MT (High)
Scrap Iron/MT(Low)
31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
70.0
74.0
68.0
9 Jan 16 Jan
2013
Apr
May
Mar
Jan
Feb
Sep
Jan
50.0
Jul
300.0
Aug
300.0
Jun
300.0
Apr
300.0
May
300.0
Mar
300.0
81.0
92.6
82.4
Feb
300.0
290
96.1
92.7
Dec
320.0
Oct
320.0
Sep
320.0
135.8
132.6
134.2 136.3
121.4
128.1
127.2
114.6
Jul
320.0
137.1
124.0
Aug
330
137.4
139.9
130.0
US$/dmtu
345.0
150.5
Jun
355.0
350
US$/mt
9 Jan 16 Jan
Iron Ore
Scrap Iron
270
51.6
51.0
370
280
51.8
51.7
50.5
31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan
300
52.8
51.5
45
320
52.8
52.5
Oct
US$/bbl
53.5
53.3
53.0
68.7
340
9 Jan 16 Jan
“DRIVING Transformation, POWERING Growth”
300
2,000
360
314.0
309.3
2,218.8
2,100
80
314.8
314.5
310
Dec
US$/mt
337.8
340
2,513.6
Nov
2,600
9 Jan 16 Jan
Nov
US$/mt
700
720.0
732.0
2014
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
10
SUCCESS sTORY
MARRYBROWN, winner of numerous domestic and
international franchise industry awards, is proudly Malaysianowned and has over 30 years of franchise experience under its
belt. The homegrown fast food chain is currently the world’s
largest Halal Quick Service Restaurant (QSR) brand originating
from Asia. MARRYBROWN has a strong international presence
with outlets operating in Malaysia, China, Indonesia, India,
Sri Lanka, Maldives, Africa, the Middle East and Myanmar.
The halal menu features a wide variety of tasty meals
including Crispy Chicken, Delicious Satay Burger, Nasi
Marrybrown, Speciality Wrap, Fish ‘n’ Chips, Mi Kari,
Chicken Porridge, finger foods, salads, fun fries and a range
of hot and cold beverages and desserts – the only one of its
kind in town and really “ something different “ for everyone.
The founder of Marrybrown, Datin Nancy Liew had a clear vision
of what shewanted Marrybrown to be when she started the first
restaurant in Johor Bahru. With firm conviction and commitment,
she built a brand name that can offer good food at a great price, in
a fun, friendly and comfortable atmosphere. This was the business
concept upon which Marrybrown was founded. Building one of
the most successful franchise chains in the country and globally,
Liew relentlessly worked to ensure that the company continued its
winning streak to become a global food service organisation and a
worldwide brand that resonates with excellence and high quality.
When speaking of the future, the awardwinning Marrybrown
seeks to grow aggressively as an international franchise chain.
Contact Us..
Today, Marrybrown offers a broad selection of
distinctive, innovative products targeted at the
fast-food consumer. Chicken represents the core
of the menu, including the signature Lucky Plate,
Chicken Porridge, Nasi Marrybrown the 100%
Black Pepper Chicken-A-Licious. And, because
value is important to fast-food customers, the
company also offers value-priced products on
“All-Time snacks,” including muffins, burgers.
“DRIVING Transformation, POWERING Growth”
Marrybrown, was founded in 1981, as a restaurant company
that operates and franchises Marrybrown restaurants, through
15 countries throughout Asia, Middle East, and Africa.
Marrybrown is among the nation’s leading fast-food chains,
with more than 130 quick-serving restaurants in Malaysia
and more than 350 international restaurants. As the first
major fast-food chain to develop and expand the concept of
“Something Different”experiences. Marrybrown has always
emphasized on halal products serving millions of guests worldwide.As a winner of numerous awards, Marrybrown is fast
expanding internationally ensuring that Marrybrown becomes
a global food service organization and a worldwide brand.
Our company vision is “To be a national
restaurant company of most admired brand –
through the power of our people and our culture”.
Marrybrown Sdn. Bhd. (166331-X)
Headquaters:
No.3 & 5, Jalan Dewani 3
Kawasan Perindustrian Dewani
81100 Johor Bahru
Johor, Malaysia.
+607 331 6590
+607 333 7899
mbcare@marrybrown.com
MITI Weekly Bulletin / www.miti.gov.my
11
MITI Programme
MITI Brainstorming 2015,
Cyberview Lodge & Resort Cyberjaya, 16 - 17 January 2015
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
Syndication Session on Coordination of National Investment
Agenda and National Export Strategies, 17 January 2015
12
MITI Cycling Team at the 2nd Car Free Morning, 18 January 2015
“DRIVING Transformation, POWERING Growth”
MITI Weekly Bulletin / www.miti.gov.my
13
Name
: Mohd Shahar Md Sabri
Designation
Job Description
: Administrative Assistant
: Responsible to assist
maintenance matters for
MITI building and handling
damage complaints
: Logistics and
Administration Unit
: shah@miti.gov.my
: 03-62000236
Division
Email
Contact No.
: Hashimah Abu Kasim
Designation
Job Description
: Administrative Assistant
: Responsible for
logistics and building
maintenance in MITI
: Logistics and
Administration Unit
: hashimah.kasim@miti.gov.my
: 03-62000232
Division
Email
Contact No.
Comments & Suggestions
“DRIVING Transformation, POWERING Growth”
Name
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MITI Weekly Bulletin / www.miti.gov.my
14