16 september 2015 hari malaysia - miti.gov.my weekly bulletin/miti_weekly... · memperkembangkan...

Sekali lagi Malaysia menyambut Hari Malaysia yang ke-52 tahun, tarikh 16 September merupakan peristiwa yang amat penting kepada rakyat Malaysia yang menyaksikan penubuhan persekutuan Malaysia. Penyertaan negeri Sabah dan Sarawak di dalam persekutuan Malaysia telah memperkayakan kebudayaan dan sosio ekonomi Negara ini. Kepelbagaian komuniti etnik dan agama telah membentuk imej Malaysia yang unik dan berjaya mewujudkan suasana yang sejahtera.

16 September 2015Hari Malaysia

Dalam keadaan ekonomi yang amat mencabar pada masa kini, MITI terus memainkan memainkan peranan yang amat penting dalam meningkatkan kemajuan ekonomi dan daya saing Malaysia. Inisiatif-inisiatif peningkatan produktiviti, inovasi dan persekitaran yang kondusif untuk menjalankan perniagaan akan diteruskan oleh MITI. Malahan, MITI akan terus memperkembangkan langkah-langkah yang dapat membantu komuniti perniagaan, pengusaha-pengusaha di pelbagai kategori terutamanya perusahaan kecil sederhana (PKS). Bagi meningkatkan keupayaan industri tempatan menempuhi pasaran global, program-program peningkatan keupayaan perindustrian giat dilaksanakan. Usaha-usaha ini adalah bagi memastikan produk-produk tempatan sentiasa kompetitif dan berupaya meningkatkan penyertaan industri Malaysia di dalam “rantaian nilai global” (GVC).Ini penting bagi memastikan sumbangan eksport produk perindustrian terus kukuh bagi membolehkan Malaysia mencapai status negara berpendapatan tinggi menjelang tahun 2020. Strategi rmk Sebagai Pengerusi ASEAN tahun ini, MITI telah berjaya menganjurkan Mesyuarat Menteri-Menteri Ekonomi ASEAN Ke-47 (AEM) dan Mesyuarat-Mesyuarat Berkaitan pada 22 sehingga 25 Ogos 2015. Dalam mesyuarat ini Menteri-Menteri Ekonomi ASEAN telah membincangkan mengenai keadaan ekonomi serantau ke arah penubuhan Komuniti Ekonomi ASEAN (AEC), serta pelaksanaan langkah-langkah penubuhan AEC, terutama penyelesaian komitmen yang dipersetujui dalam Pelan Tindakan AEC 2015. Saya amat berpuas hati dengan kemuafakatan dan kata sepakat yang telah dicapai di kalangan rakan-rakan Menteri Ekonomi ASEAN malahan juga dengan rakan-rakan dialog ASEAN, ini akan memperkukuhkan lagi usaha-usaha kearah pencapaian matlamat AEC. Perpaduan, daya saing dan semangat bekerjasama membolehkan kita mengatasi cabaran-cabaran yang kita hadapi sama-ada di peringkat dalaman dan antarabangsa. Kita juga harus sentiasa memperingati masing-masing bahawa semua usaha-usaha yang telah kita laksanakan akan memberi impak kepada masa depan Malaysia. Kita perlu meneruskan usaha-usaha untuk memastikan Malaysia sentiasa berada di hadapan dalam membantu pembentukan pembangunan ekonomi di peringkat serantau dan global. Dengan ini saya mengambil kesempatan untuk mengucapkan selamat menyambut Hari Malaysia kepada semua pembaca MITI Weekly Bulletin.

MITI Weekly Bulletin / www.miti.gov.my

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MALAYSIA

Source : Department of Statistics, Malaysia MITI Weekly Bulletin / www.miti.gov.my

INDUSTRIAL PRODUCTION INDEX (IPI) January - July 2015

Notes: % refer to y-o-y growth

Mining Index

101.5 14.0%

Electricity Index

121.4 1.2%IPI

120.8 6.1% Manufacturing

Index

129.3 4.2%

Monthly IPI by SectorJanuary 2014 - July 2015

101.5

129.3

121.4

80

90

100

110

120

130

140

Jan

Feb

Mar Ap

r

May Jun Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar Ap

r

May Jun Jul

2014 2015

Index

Mining Manufacturing Electricity

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Manufacturing Sector PerformanceMonthly Sales, Jan - Jul (2014/2015)

55

.6

53

.5

55

.9

53

.3

53

.1

53

.3

54

.8

57

.2

52

.1

58

.4

52

.9

50

.8

54

.3

54

.2

46.0

48.0

50.0

52.0

54.0

56.0

58.0

60.0

Jan Feb Mar Apr May Jun Jul

RM billion

2014 2015

Indica

tors, J

an - J

ul 20

15

Imports : RM337.9 bil. ( 0.3%)

Manufacturing Index126.2 ( 4.7%)

Sales : RM379.9 bil. ( 0.1%)

Employment1,023,816 persons ( 0.7%)

Exports : RM343.6 bil. ( 1.9%)

392,198 persons

319,925persons

125,584persons

99,179persons

86,930persons

Employment by Industry, Jul 2015

MITI Weekly Bulletin / www.miti.gov.mySource : Department of Statistics, Malaysia

Others*

Chemicals

Wood and Wood Products

Metal

Electrical & Electronics

Notes:Others include Rubber Products, Transport Equipment, Processed Food And Beverages, Non-Metallic Minerals Products,Textiles & Apparel, Machinery & Equipment, Scientific & Measuring, Paper, Printing & Publishing, Medical Devices, Leather & Leatherand Miscellaneous.

Notes: % refer to y-o-y growth

SalaryRM20.9 mil. ( 5.0%)

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Source: http://www.asean.org.news/

Note: P- preliminary figures # share to total FDI * Includes New Zealand, Pakista , Russian Federation and others

and You’


Foreign Direct Investment Net Inflows in ASEAN,

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European Union (EU)US$29.3bil.

21.5%#

Others*US$35.0bil.

25.7%#

ASEANUS$24.4bil.

17.9%#

JapanUS$13.4bil.

9.8%#

USAUS$13.0bil.

9.6%# ChinaUS$8.9bil.

6.5%#

AustraliaUS$5.7bil.

4.2%#

South KoreaUS$4.5bil.

3.3%#

CanadaUS$1.3bil.

0.9%#

IndiaUS$0.8bil.

0.6%#

Total FDI Inflow to ASEAN: US$136.2bil.

MITI’s ASEAN Portal can be accessed via http://aec2015.miti.gov.my/

FDI net inflows are the value of inward direct investment made by non-resident investors in the reporting economy.

International Repor t Eurasian Economic

Union(EEU)

Territorr y and Population

General Economic

Indicators2015

20,229,248km 215% of the world land

183,319,6932015 estimate

Gross Domestic Product US$2,411.2 bil

Total Foreign Trade US$932.9 bil

Industrial ProductionUS$1.5tr

Source:http://www.eurasiancommission.org/, https://en.wikipedia.org/wiki/Eurasian_Economic_Union

Area Population

Expor tsImpor ts

Total Trade

RussiaBelarus

Kyrgyzstan

Armenia Kazakhstan

2.6

7.1

9.7

0.0

2.0

4.0

6.0

8.0

10.0

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

RM billion

Malaysia’s Trade with EEU, 2005 -2014


Source:Department Of Statistics, Malaysia

DID YOU KNOW?Best Places For Business & Careers in USA

2015

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MITI Weekly Bulletin / www.miti.gov.mySource:http://www.forbes.com/best-places-for-business/

1

USA

Denver, ColoradoMetro Population:

2,761,000Projected Annual

Job Growth: 2.8%

2

USA

Raleigh, North CarolinaMetro Population:


Job Growth: 3.4%

3

USA

Portland, OregonMetro Population:


Job Growth: 3.0%

4

USA

Provo, UtahMetro Population:

572,900Projected Annual

Job Growth: 3.8%

5

USA

Atlanta, GeorgiaMetro Population:


Job Growth: 3.2%

6

USA

Seattle, WashingtonMetro Population:


Job Growth: 2.9%

7

USA

Salt Lake City, UtahMetro Population:


Job Growth: 2.8%

8

USA

Indianapolis, IndianaMetro Population:


Job Growth: 2.6%

9

USA

Warren, MichiganMetro Population:


Job Growth: 2.6%

10

USA

Fort Collins, ColoradoMetro Population:

325,300Projected Annual

Job Growth: 2.3%

Information for Mid-Tier Companies Development Programme - Par t 2

PHASE 1 (Month 1-3)Understanding your export priorities and challenges

PHASE 1 1 (Month 4-9)Implementation of customised MTCDP activities

For more information or to refer a mid-tier company to join the MTCDP, please contact:

Mid-Tier Companies Development UnitExporters Development DivisionTel:+60362077077Email:[email protected]

MATRADE will work closely with you throughout this journey

* Only applicable if the participating company requires it

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MM2H FACT Malaysia My Second Home (MM2H) Programme is promoted by the Government of Malaysia to allow foreigners who fulfill certain criteria, to stay in Malaysia for as long as possible on a multiple-entry social visit pass.The Social Visit Pass is initially for a period of ten (10) years, and is renewable.EligibilityIt is open to citizens of all countries recognized by Malaysia regardless of race, religion, gender or age. Applicants are allowed to bring their spouses and unmarried children below the age of 21 as dependents.

818

1,645 1,917

2,615

1,729 1,503

1,512

1,578

1,499

2,387 3,227

3,675

3,074

-

1,000

2,000

3,000

4,000

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Number of Participations Approved

Summary of participating countries by region

Top 10 Participating Countries January - December 2014

Malaysia Welcomes the World!

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MITI Weekly Bulletin / www.miti.gov.mySource: http://www.mm2h.gov.my/index.php/en/home/programme/statistics

Malaysian Ringgit Exchange Rate with Euro and Singapore Dollar

Source : Bank Negara, Malaysia

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2.30

2.40

2.50

2.60

2.70

2.80

2.90

3.00

3.603.703.803.904.004.104.204.304.404.504.60

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

2014 2015

EUR = RM SGD = RM

1 SGD = RM 2.90

1 EUR = RM 4.52

16.5

14.5

13.0

13.5

14.0

14.5

15.0

15.5

16.0

16.5

17.0

17.5

18.0

8 M

ay15

May

22 M

ay29

May

5 Ju

n12

Jun

19 Ju

n26

Jun

3 Ju

l10

Jul

16 Ju

l24

Jul

31 Ju

l7

Aug

14 A

ug21

Aug

28 A

ug4

Sep

11 S

ep

US$/Oz Silver

1,142.0

987.0

900.0

950.0

1,000.0

1,050.0

1,100.0

1,150.0

1,200.0

8 M

ay15

May

22 M

ay29

May

5 Ju

n12

Jun

19 Ju

n26

Jun

3 Ju

l10

Jul

16 Ju

l24

Jul

31 Ju

l7

Aug

14 A

ug21

Aug

28 A

ug4

Sep

11 S

ep

US$/Oz Platinum

Source : http://www.gold.org/investments/statistics/gold_price_chart/

Source : http://www.hardassetsalliance.com/charts/silver-price/usd/oz Source : http://www.hardassetsalliance.com/charts/platinum-price/usd/oz

Gold Prices, 8 May - 11 September 2015

Silver and Platinum Prices, 8 May - 11 September 2015

38.4

35.4

34.0

35.0

36.0

37.0

38.0

39.0

40.0

8 M

ay

15 M

ay

22 M

ay

29 M

ay

5 Ju

n

12 Ju

n

19 Ju

n

26 Ju

n

3 Ju

l

10 Ju

l

16 Ju

l

24 Ju

l

31 Ju

l

7 Au

g

14 A

ug

21 A

ug

28 A

ug

4 Se

p

11 S

ep

US$/Gram Gold

Source: Ministry of International Trade and Industry, Malaysia

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)

MTFTA: Malaysia-Turkey Free Trade Agreement (Implemented since 1 August 2015)

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)

19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 SepAANZFTA 126 80 182 69 85 99 85 78AIFTA 113 222 221 165 153 153 209 188AJCEP 50 95 57 102 47 71 58 91

0

50

100

150

200

250

RM

mill

ion

19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 SepATIGA 525 719 1,352 843 997 783 1,272 754ACFTA 410 547 830 850 4,575 982 557 435AKFTA 126 261 413 235 133 137 160 172

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

RM

mill

ion

19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 SepMICECA 22.77 50.64 34.72 46.07 48.23 56.30 47.98 47.81MNZFTA 0.03 0.03 0.47 0.43 0.42 0.08 0.10 0.01MCFTA 9.20 22.57 27.61 9.65 6.82 12.65 24.53 43.73MAFTA 25.91 37.01 29.09 37.00 185.99 41.61 35.63 30.60

-50

0

50

100

150

200

RM m

illio

n19 Jul 2015 26 Jul 2015 2 Aug 2015 9 Aug 2015 16 Aug 2015 23 Aug 2015 30 Aug 2015 6 Sep 2015

AANZFTA 582 601 978 689 942 1,040 916 727

AIFTA 413 624 765 573 742 724 780 577

AJCEP 148 221 153 267 112 211 210 195

ATIGA 3,066 3,212 4,152 4,374 4,399 4,422 4,358 4,506

ACFTA 1,076 1,022 1,646 1,267 1,300 1,505 1,461 1,242

AKFTA 677 740 649 692 739 912 744 755

MICECA 190 336 308 312 289 336 305 239

MNZFTA 2 4 9 12 15 3 3 2

MCFTA 35 64 56 74 53 110 71 65

MAFTA 288 371 351 429 396 449 436 318

MJEPA 637 763 672 759 764 815 966 771

MPCEPA 110 130 143 143 184 186 170 109

GSP 93 76 155 94 117 160 129 144

MTFTA - - 0 0 93 239 283 152

19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 SepMJEPA 111 123 97 109 147 162 162 113MPCEPA 12 20 46 40 63 69 41 11GSP 13 18 27 18 20 27 21 32MTFTA 0 0 35 68 89 112

20

0

20

40

60

80

100

120

140

160

180

RM m

illio

n

Value of Preferential Certificates of Origin

Number and Value of Preferential Certificates of Origin (PCOs)Number of Certificates (Provisional data)

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Notes: The preference giving countries under the GSP scheme are Cambodia, the Russian Federation, Japan, Switzerland and Norway.

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)11 Sep 2015

(US$) 44.6 503.5 249.0 1,281.5 2,021.6 47.3 250 (high)230 (low)

% change* 3.2 0.6 1.5 5.3 0.6 unchanged 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

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.

Highest and Lowest Prices, 2014/2015

Lowest (US$ per bbl)

Highest(US$ per bbl)

Crude Petroleum (11 Sep 2015)

US$44.6 per bbl

201413 June 2014: 107.6

201426 Dec 2014: 54.6

201529 May 2015: 60.3

201521 Aug 2015: 40.5

Lowest (US$ per MT)

Highest(US$ per MT)

Crude Palm Oil (11 Sep 2015)

US$503.5 per MT

201414 Mar 2014: 982.5

201426 Dec 2014: 664.0

201516 Jan 2015: 701.0

20154 Sep 2015: 500.5

Steel Bars(per MT)

RM1,600 - RM1,700

Average Domestic Prices, 11 Sep 2015

Billets(per MT)

RM1,300 - RM1,350

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.

Commodity Price Trends“D

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658.5 661.5

648.5639.5

630.5622.5

599.5

577.5

551.0

512.5

500.5

503.5

480

500

520

540

560

580

600

620

640

660

680

700

26 Jun 3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep

US$

/mt

Crude Palm Oil

2,188.9

2,250.9

2,207.62,195.2

2,197.7

2,183.8

2,231.5

2,058.0

2,094.5

2,115.5

2,047.3

2,033.52,021.6

2,000

2,050

2,100

2,150

2,200

2,250

2,300

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

US$

/mt

Cocoa

254.8

263.3265.8 266.8

248.3

242.0

234.0

228.5 228.0

240.0

245.3249.0

200

210

220

230

240

250

260

270

280


US$

/mt

Raw Sugar

1,550.0

1,499.0

1,451.0 1,446.5

1,407.51,396.0

1,343.5 1,341.5

1,302.51,285.0

1,216.5

1,281.5

1,100

1,150

1,200

1,250

1,300

1,350

1,400

1,450

1,500

1,550

1,600


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

7,853

7,148 7,063

7,296

6,742

6,973

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 May Jun Jul Aug Sep

2014 2015

USD

/ to

nne

Black Pepper

* until 11 September 2015

59.6 59.7

56.9

52.7

50.9

48.147.1

43.942.5

40.5

45.246.1

44.6

63.0 63.3

60.3

58.757.5

54.6

52.2

48.6 49.0

45.5

50.1 49.6

48.1

35

40

45

50

55

60

65

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

US$

/bbl

Crude Petroleum

Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl

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.

Commodity Price Trends“D

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Grow

th”


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

1,819

1,804

1,688

1,640

1,548 1,500

1,600

1,700

1,800

1,900

2,000

2,100


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

12,831

13,511

12,825

11,413

10,386

9,000

11,000

13,000

15,000

17,000

19,000


2014 2015

US$

/ to

nne

Nickel

270.0 270.0 270.0

280.0 280.0 280.0

270.0

260.0

250.0 250.0

240.0

230.0

250.0 250.0 250.0

260.0 260.0 260.0

250.0

230.0 230.0 230.0

220.0

210.0

200

210

220

230

240

250

260

270

280

290

300

24 Apr 8 May 15 May 29 May 5 Jun 19 Jun 3 Jul 24 Jul 7 Aug 14 Aug 28 Aug 11 Sep

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 6,042

6,295

5,833

5,457

5,127

5,000

5,200

5,400

5,600

5,800

6,000

6,200

6,400

6,600

6,800

7,000

7,200

7,400


2014 2015

US$

/ to

nne

Copper

45.3

44.9 45.045.3

47.5 47.547.3 47.3 47.3 47.2

47.3 47.3

42.0

43.0

44.0

45.0

46.0

47.0

48.0

49.0


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

52.0

60.063.0

52.0

56.0

40.0

50.0

60.0

70.0

80.0

90.0

100.0

110.0

120.0

130.0

140.0


2014 2015

US$/

dmtu

Iron Ore

MrCendol (M) Sdn Bhd

The Rise of Mr Cendol Mr Ling Wang Bang is one entrepreneur who has done it all. Growing up in the small town of Ayer Tawar in Perak, he grew up with just one ambition – to become a successful businessman. At the tender age of 18 years of age he was already peddling chinese traditional herbs and medicines. A few years later he decided to become an insurance agent, trying to catch the growing wave of personal and life insurance at the time. His drive and determination helped him to succeed, within 5 years, at the young age of 28, he was already at managerial level. Where some might be sitting back to reflect on such personal success, Ling was just getting started. He improved himself by taking a distance-learning course in business management, and obtained his MBA. This is a man with a plan! Always looking for opportunities, he next saw the next big thing in futsal which was growing in popularity. With help from his father who was a carpenter, he built his own futsal court. While waiting for business to pick up, he went around town looking for further business opportunities and found a garments factory that was willing to sell him rejected clothing for very low prices. He made good profits selling these around the area. In fact business was so good that he soon finished all the stocks he had, and there was no more to sell. Thus far Ling had been able to do business without needing too much capital. This will soon change, as in 2005 he bought the recipe for making cendol from a friend who had been doing this roadside business since 1952. He set about looking for a way to make this latest endeavour a success. He decided to modernise this traditional business and so Mr Cendol was born. From the onset he took a gamble. Along with an investor/friend, he put in a total of RM30,000 to set up a small kiosk in a hypermarket in town. And so with just his cendol seller friend to help, Mr Cendol started business. And it was a success! In the first month the business made a turnover of RM6,000. It was a fresh, great concept and it was becoming popular. Six months later, when a new supermarket opened in town, he was approached to set up another outlet. So they confidently invested in a second kiosk. And their confidence was

boosted further when response was even better than their first outlet. By 2009, Mr Cendol had grown to a total of 7 outlets. As business grew, the problems began. He faced the same issues that other growing businesses faced – staffing, logistics and production. As business kept getting better, he needed more and more capital to sustain growth and demand. He needed a centralised production centre to become more efficient. He needed new equipment, in short, he needed money. He started looking for financing options. He discovered that nobody at the banks had any time for him. When they did, he was not taken seriously. He spent 2 years fruitlessly trying to convince the banks to help. He finally found out about a bank called SME Bank in Ipoh and the rest, as they say, is history. With SME Bank on board, Ling was able to build a 5,600 sq ft centralised kitchen from where all his products are produced. A training centre was set up to train staff in order to maintain high standards in quality. New outlets in strategic locations sprang up throughout the state of Perak, targeting high density and traffic areas such as Petrol Stations (i.e. Caltex, Esso & Petronas )and Hypermarkets ( i.e. Giant & Econsave ) and Mr Cendol was soon even opening outlets in neighbouring Selangor and Kuala Lumpur. Today Mr Cendol continues to come up with innovative products, such as ice blended cendol drinks and frozen take-aways which customers can take home to enjoy. They are starting to market their business as a franchise and have even registered their trademark in some overseas countries for business expansion in the future.

See more at: http://www.yoursuccessourstory.com/story05.html#page=page-1

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Comments on the Proactive Economic Measures by YB Dato’ Sri Mustapa Mohamed

Minister of International Trade and Industry

1. I welcome the announcement made by YAB PM on the proactive economic measures. The decision to adopt these measures is a reflection of the government’s commitment to assist and facilitate Malaysian businesses in these challenging economic times.

2. The Working Capital Guarantee Scheme of RM2 billion for SMEs is in addition to the RM5 billion Services Sector Guarantee Scheme announced on 1 April this year.

3. The additional RM2 billion is for sectors especially manufacturing. This will assist viable SMEs to gain access to finance and maintain their operations under current economic constraints. I have been having many engagements with SMEs and one of the issues that they face is on financing. This incentive will help sustain the momentum in business.

4. Through the 5-30% import duty exemption given to 90 items in the manufacturing sector, manufacturers will be able to reduce the cost of production. These products include spare-parts, consumables and testing equipment which are not produced locally. The cost of doing business has gone up and this exemption will help alleviate the issues faced.

5. Under the 10th Malaysia Plan, Domestic Investment Strategic Fund (DISF) was launched by YAB Prime Minister on 3 July 2012 with an allocation of RM1 billion to attract domestic investment, encourage research & development, provide training in new and emerging technologies, and to accelerate Malaysian industries into the global supply chain.

6. As at 31 August 2015, 181 investment projects have been approved for DISF with grants totaling RM747.5 million. The beneficiaries of this scheme were from various industries and sectors including Electrical & Electronics, machinery, transport, services, chemical, oil & gas and food industries.

7. This additional DISF fund is expected to assist MIDA to drive domestic investment in the country and to accelerate the transition of domestic companies into industries which are high value-added, high technology, knowledge-intensive and innovation-based.

8. The additional RM9 million promotional fund will assist MIDA to intensify its investment promotion initiatives to Singapore, Europe, Japan, Korea, Middle East, China and the United States. These efforts will focus on targeted sectors including IC design, semiconductor, medical devices, pharmaceuticals, biotechnology, aerospace, healthcare, halal, petrochemicals (specialty chemicals & chemical derivatives), advanced chemicals / materials & rubber based products / specialised rubber, renewable energy, energy efficiency and waste management.

9. Malaysia has one of the most resilient and sound economic fundamentals in the region. It is hoped that with this shot in the arm, our domestic industry will be able to sustain economic growth.

Ministry of International Trade and IndustryMalaysia

14 September 2015 MITI Weekly Bulletin / www.miti.gov.my

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At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.25 percent. The global economy continues to expand at a moderate pace. Although growth across the advanced economies has improved, it has remained modest. In most of Asia, while there has been a moderation in growth, domestic demand continues to support economic activity. Looking ahead, while the global economic recovery is expected to continue, the downside risks to growth have increased arising from the moderating growth momentum in the major emerging market economies, uncertainty in commodity prices and the heightened volatility in financial markets. For Malaysia, recent indicators suggest continued expansion in economic activity in the third quarter despite ongoing adjustments to external and domestic developments. Private consumption is expected to moderate as households continue to adjust to the implementation of the Goods and Services Tax (GST) and the more uncertain economic environment. Household spending will however be supported by wage growth and stable labour market conditions. Investment activity is projected to be led by capital spending in the manufacturing and services sectors, and ongoing infrastructure projects. The continued expansion in domestic demand is expected to contribute towards mitigating the weak performance of the external sector. Going forward, downside risks to growth, however, have risen amid greater uncertainty on both the global and domestic fronts. Of significance, Malaysia is entering this challenging period from a position of strength given the diversified sources of growth of the economy, low unemployment level, manageable level of external indebtedness, and a well-capitalised banking system. The assessment is therefore for the economic growth to remain within the region of 4.5 to 5.5 percent. Headline inflation averaged at 2.9% in June and July reflecting higher domestic fuel prices and the impact of the GST. Despite the weaker ringgit exchange rate, the impact on overall inflation has been limited by the lower commodity prices and the generally low global inflation. Moving forward, headline inflation is expected to peak in early 2016 and it will moderate for the remainder of the year. While global and domestic developments have continued to affect the ringgit exchange rate and domestic financial markets, overall domestic liquidity conditions remain stable. The financial system remains sound, with healthy growth in financing. Financial intermediation has therefore continued to support the economy. The ringgit exchange rate is being affected by global factors that are affecting many emerging and commodity producing economies. These factors include the weaker commodity prices, the strength of the U.S. dollar, and the uncertainty in the global financial markets. The ringgit exchange rate will reflect the underlying fundamentals of the economy when the external and domestic uncertainties recede. Bank Negara Malaysia will continue to ensure the orderly functioning of the money and foreign exchange markets. At the current level of the OPR, the stance of monetary policy remains accommodative and supportive of economic activity. The MPC recognises that there are heightened risks in the global economic and financial environment. These risks are being carefully monitored to assess their implications on macroeconomic stability and the prospects of the Malaysian economy. This is to ensure that the monetary policy stance is consistent with the sustainability of the overall growth prospects.

Bank Negara Malaysia11 September 2015

Monetary Policy Statement


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MITI ProgrammeAnnual Meeting of the New Champions 2015

Dalian, China, 9 - 11 September 2015


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Malaysia had achieved the target of 1.8million visitors for the Expo Milano 2015, as of 2 September 2015.


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Name : Rosmiza Zainal AbidinDesignation : Assistant AuditorJob Description : Conduct audits at MITI and Agencies.Division :InternalAuditOfficeContact No : 603-6200 0057Email : [email protected]

Name : Sin Fong LengDesignation : Assistant AuditorJob Description : Conduct audits at MITI and Agencies.Division :InternalAuditOfficeContact No : 603-6200 0056Email :[email protected]

@ YOUR SERVICE

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