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(y-o-y)

RM206.7 bil.

MALAYSIA

Source : Department of Statistics, Malaysia

Gross Domestic Product (GDP)

Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014RM bil. 179.5 184.9 191.0 196.6 187.1 193.2 200.6 206.7 198.6Growth 5.1 5.7 5.2 6.5 4.2 4.5 5.0 5.1 6.2

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

165

170

175

180

185

190

195

200

205

210

Growth y-o-y (%)GDP (RM bil.)

Gross Domestic Product, Q1 2012 - Q1 2014

Q4 2013

Q1 2013

RM187.1 bil.

RM198.6 bil.6.2% y-o-y

Q1 2014

No. ISSN: 2180-0448

MITI Weekly Bulletin/ www.miti.gov.my

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Source : Department of Statistics, Malaysia

GDP by Economic Activity, Q1 2014

GDP by Types of Expenditure, Q1 2014

ServicesRM109.7 bil.

ManufacturingRM48.4 bil.

Mining & Quarrying

RM16.3 bil.

AgricultureRM13.5 bil. Construction

RM8.1 bil.

Import Duties RM2.7 bil.

Private Consumption RM103.9 bil.

Gross Fixed Capital

FormationRM54.0 bil.

Government Consumption RM23.0 bil.

Net Exports RM18.8 bil.

Changes in inventories and

valuables-RM1.0 bil.

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States threeTOP1. Sarawak RM7,076.8 mil.

2. Kedah RM3,962.5 mil.

3. Selangor RM992.8 mil.

1. Selangor RM986.6 mil.

2. Johor RM711.1 mil.

3. Penang RM587.5 mil.

States threeTOP

Approved Investment in the Manufacturing Sector, Q1 2014

Domestic RM4.0 bil.

Foreign RM13.1 bil.

RM762.6 mil.

RM370.1 mil.

RM218.5 mil.

RM179.4 mil.

RM141.7 mil.

Chemicals & Chemical Products

Transport Equipment

E & E Products

Basic Metal Products

Petroleum Products

Major Industries

RM5,809.4 mil.

RM4,128.3 mil.

RM1,763.0 mil.

RM335.8 mil.

RM313.2 mil.

Chemicals & Chemical Products

E & E Products

Basic Metal Products

Transport Equipment

Petroleum Products

Major Industries

Source : Malaysian Investment Development Authority

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MITI Weekly Bulletin/www.miti.gov.my

Thailand

Philippines

Lao PDRPhilippines

IRANGDP: US$366.3 bil.

Ranking: 40 (RM3.3 bil.)

GDP and Trade Ranking with Malaysia for Top 10 West Asia Economies, 2013

Note: Ranking in terms of trade with MalaysiaSource : International Monetary Fund

Brunei Darussalam

Singapore

Viet Nam

QATARGDP: US$202.6 bil.


UAEGDP: US$396.2 bil.


OMANGDP: US$80.6 bil.


YEMENGDP: US$39.2 bil.


SAUDI ARABIAGDP: US$745.3 bil.


LEBANONGDP: US$44.3 bil.


TURKEYGDP: US$827.2 bil.


IRAQGDP: US$229.3 bil.


KUWAITGDP: US$185.3 bil.


Bahrain Cyprus

Iran

Iraq Jordan

Kuwait

Lebanon

OmanPalestine

Qatar

Saudi ArabiaSyrian Arab Republic

Turkey

United Arab Emirates

Yemen

Singapore

West Asia Economies


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most theLocations withexpensive office rents?

Occupancy cost, 2014 rank(US$ per sq. ft.)

Central Hong Kong183.32*

West End London, UK

271.61*

CBD Moscow, Russia139.80*

CBD Beijing, China131.48*

CBD Tokyo, Japan128.34*

days taken offor starting a business ?Number

0.5 dayNew Zealand

2 days

GeorgiaMacedonia

Rwanda

2.5 days

Hong KongAustralia

SingaporePortugal

Lowest#

144 daysVenezuela

135 days Equatorial Guinea

107.5 daysBrazil

Highest#

* World Bank’s Ease of Doing Business,2014

#

Source : Cushman & Wakefield 2014 Source : Ease of Doing Business, 2014


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Number and Value of Preferential Certificates of Origin (PCO’s)

Notes: The preference giving countries under the GSP scheme are Norway, Switzerland, Belarus, the Russian Federation, Kazakhstan and Liechtenstein. Source: Ministry of International Trade and Industry, Malaysia

Number of CertificatesValue of Preferential Certificates of Origin

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)

Value of Preferential Certificates of Origin

Number of Certificates

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)

Number of Certificates

MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008)



MAFTA: Malaysia-Australia Free Trade Agreement (Implemented since 1 January 2013)

MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006)

AANZFTA AIFTA AJCEP ATIGA ACFTA AKFTA

23 Mar 2014 865 486 264 4,468 1,436 898

30 Mar 2014 747 500 200 4,940 1,355 829

06 Apr 2014 801 532 287 3,963 1,438 716

13 Apr 2014 949 465 283 4,716 1,559 743

20 Apr 2014 845 528 139 4,159 1,279 872

27 Apr 2014 818 545 232 4,127 1,483 849

04 May 2014 687 452 172 4,134 1,141 648

11 May 2014 912 540 292 4,407 1,406 1,013

MICECA MNZFTA MCFTA MAFTA

23 Mar 2014 245 2 75 31130 Mar 2014 234 0 47 39106 Apr 2014 230 6 45 37913 Apr 2014 232 5 54 33920 Apr 2014 250 16 50 35827 Apr 2014 243 8 48 40204 May 2014 203 4 27 24711 May 2014 235 11 61 456

MJEPA MPCEPA GSP

23 Mar 2014 787 109 253

30 Mar 2014 924 216 8606 Apr 2014 888 115 178

13 Apr 2014 806 169 118

20 Apr 2014 730 127 244

27 Apr 2014 705 151 140

04 May 2014 684 129 94

11 May 2014 989 159 149

23 Mar 30 Mar 6 Apr 13 Apr 20 Apr 27 Apr 4 May 11 MayAANZFTA 83 79 107 76 68 83 77 85AIFTA 103 104 348 113 536 122 102 440AJCEP 80 53 86 116 30 93 560 101

0

100

200

300

400

500

600R

M m

illi

on

23 Mar 30 Mar 6 Apr 13 Apr 20 Apr 27 Apr 4 May 11 MayATIGA 18,025 797 8,410 700 646 644 634 609ACFTA 336 545 636 390 350 624 508 587AKFTA 261 671 2,512 126 598 244 92 176

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

RM

mil

iio

n

23 Mar 30 Mar 6 Apr 13 Apr 20 Apr 27 Apr 4 May 11 MayMICECA 27.89 45.86 30.38 35.25 35.63 54.12 26.07 30.61MNZFTA 0.02 0.00 0.17 0.31 0.32 0.14 0.13 0.18MCFTA 9.78 7.31 7.23 7.77 6.41 6.38 5.04 9.17MAFTA 24.77 30.12 27.78 30.55 29.89 32.67 21.44 35.17

0.0

10.0

20.0

30.0

40.0

50.0

60.0

RM

mill

ion

23 Mar 30 Mar 6 Apr 13 Apr 20 Apr 27 Apr 4 May 11 MayMJEPA 120 194 162 122 131 128 123 164MPCEPA 22 89 13 52 22 43 63 77GSP 27 13 23 17 26 39 16 23

0

50

100

150

200

250

RM

mill

ion


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Gold and Silver Prices, 3 January - 16 May 2014

Malaysian Ringgit Exchange Rate with Pound Sterling (GBP) and Singapore Dollar (SGD), January 2013 - April 2014

Source : Bank Negara, Malaysia

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

Aluminium, Nickel and Copper Prices, January 2013 - April 2014

Source : World bank

0

5000

10000

15000

20000

Jan 13 Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sep 13 Oct 13 Nov 13 Dec 13 Jan 14 Feb 14

US$/ton

Aluminum Copper Nickel

US$14,204

US$7,149

US$1,695

2.40

2.45

2.50

2.55

2.60

2.65

4.50

4.60

4.70

4.80

4.90

5.00

5.10

5.20

5.30

5.40

5.50

5.60

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

2013 2014

POUND STERLING (GBP) SINGAPORE DOLLAR (SGD)

1 GBP = RM5.45

1 SGD = RM2.59

US$/gramme US$/oz

18

20

22

24

26

28

30

35

36

37

38

39

40

41

42

43

44

45

3 Jan 10 Jan 17 Jan 24 Jan 30 Jan 7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr 2 May 9 May 16 May

gold/usd/gramme silver /usd/oz

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Weekly 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

Highest & Lowest Prices, 2013/2014

Crude Petroleum (16 May 2014)

US$101.6 per bblCrude Palm Oil(16 May 2014)

US$898.5 per MT

Lowest (US$ per bbl)

10 Jan 2014: 92.319 Apr 2013: 88.1

Highest(US$ per bbl)

18 Apr 2014: 104.2 Sep 2013: 110.2

Highest(US$ per MT)

14 Mar 2014: 982.515 Nov 2013: 925.0

Lowest (US$ per MT)

30 Jan 2014: 855.0 4 Jan 2013: 800.0

16 May 2014 domestic prices for :1.Billets (per MT) : RM1,775 – RM1,800 2.Steel bars (per MT) : RM2,100 - RM2,250

Commodity Price Trends, 14 February 2014 - 16 May 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

Commodity 16 May 2014 (US$)

% Change* 2013i 2012i 2011i

Crude Petroleum (per bbl) 101.6 1.3 88.1-108.6 77.7-109.5 80.3-112.7

Crude Palm Oil (per MT) 895.5 1.7 805.5 1,000.4 1,124.0

Raw Sugar (per MT) 394.5 7.0 361.6 473.8 647.0

Rubber SMR 20 (per MT) 1,723.5 3.0 2,390.8 952.5 1,348.3

Cocoa SMC (per MT) 2,517.9 0.1 1,933.1 2,128.9 2,644.8

Scrap Iron HMS (per MT) 395.0 (High) 385.0 (Low)

unchangedunchanged 485.6 444.7 491.0

14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr 2 May 9 May 16 MayCrude Petroleum/bbl 100.2 103.2 102.1 102.4 98.2 99.2 101.5 100.4 104.1 104.2 101.9 100.2 100.3 101.6Rubber SMR 20/MT 1,949.5 1,981.5 1,887.0 1,923.0 1,973.5 1,921.5 1,907.0 1,850.0 1,806.0 1,808.0 1,715.0 1,739.0 1,674.0 1,723.5Cocoa SMC 2/MT 2,658.0 2,658.0 2,562.8 2,634.2 2,673.8 2,737.3 2,761.1 2,579.9 2,587.4 2,586.0 2,608.6 2,517.9 2,516.3 2,517.9Crude Palm Oil/MT 869.0 906.0 929.5 954.5 982.5 952.5 950.5 950.5 913.5 900.5 915.8 913.6 913.6 898.5Scrap Iron/MT 395.0 395.0 395.0 380.0 390.0 385.0 385.0 395.0 395.0 395.0 395.0 395.0 395.0 395.0Raw Sugar/MT 342.8 353.5 377.8 396.0 384.5 368.5 387.8 372.3 373.8 368.5 385.3 382.3 368.8 394.5Iron Ore/MT 160.0 160.0 160.0 150.0 145.0 150.0 150.0 150.0 150.0 150.0 150.0 150.0 150.0 150.0

Crude Petroleum

Crude Palm Oil

Rubber SMR 20

Cocoa SMC 2

Scrap Iron

Raw Sugar

0.0

500.0

1,000.0

1,500.0

2,000.0

2,500.0

3,000.0

94.0

96.0

98.0

100.0

102.0

104.0

106.0

US$

/MTU

S$/b

bl

Iron Ore

MITI Weekly Bulletin | www.miti.gov.my

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MITI Weekly Bulletin | www.miti.gov.my

MATRADE provides assistance to SMEs to move into the global markets through trade promotion and exporters development programmes. These programmes include Trade Fairs, Specialised Marketing Missions, Incoming Buying Missions, as well as Bumiputera Exporters Development Programme and Women Exporters Development Programme.

RNZ Integrated Sdn Bhd

RNZ Integrated was established in 1994 to fulfil the needs of the burgeoning oil and gas (O&G) industry in Malaysia. The company is one of six companies licensed for major off-shore engineering projects by Petroliam Nasional Malaysia (PETRONAS). It utilises its management team’s over 20 years of experience in providing engineering and project management solutions to the O&G and petrochemical businesses throughout the world.

Being part of the third largest O&G partnership consultant globally, RNZ Integrated is steadfast to continue to provide the best engineering and business solutions to their O&G and petrochemical clients without compromising on safety or preservation of the environment. The company aims to widen their global presence while upholding the positive local values and ethics.

They have over 650 experienced staffs which have been trained in various specialisations in the industry. Their project management services utilise the latest technology to optimise the operational efficiency and project delivery. Other than that, the material management and design systems offered by RNZ Integrated are compliant with the ISO:9001 certification since 2004.

RNZ Integrated has received various accolades from the Ministry of International Trade and Industry (MITI) of Malaysia as well as the SMECorp Malaysia for Industry Excellence in recognition of their exceptional success in project delivery.

Serving O&G Engineering Needs of Malaysia and the World

RNZ Integrated’s Headquarters in Kuala Lumpur, Malaysia coordinates all the services provided by the company, while their design office in Miri, Sarawak, Malaysia is responsible for producing and integrating the design. Their branch located in Jakarta acts as the marketing arm for RNZ Integrated’s presence in Indonesia.

RNZ Integrated has entered into a partnership with Petrofac in United Kingdom since early 2012 to expand their operation in the international markets that were previously championed by European companies. Their enthusiasm for excellence and the smart partnership with Petrofac have cemented RNZ Integrated’s reputation for successful implementation of various projects in Malaysia, Sudan, India, Vietnam, Turkmenistan, Iran and Qatar.

RNZ Integrated has also formed a joint venture with Cardia Bioplastics to develop and to promote sustainable resins and finished products derived from renewable resources for the global packaging and plastic products industries. The collaboration is expected to leverage on Cardia Bioplastics’ strong patent portfolio and RNZ Integrated’s experience in the O&G industry to keep up with the demands of the global trend towards sustainable packaging.

RNZ INTEGRATED SDN BHD

Level 17, Menara Great Eastern

303 Jalan Ampang

50450 Kuala Lumpur

TEL : +603 4264 2600

FAX : +603 4253 3585

[email protected]

www.rnzgroup.com

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Visit of the University of Louisville, Kentucky,USA to MITI, 19 May 2014

Name : Norfazila ShaharuddinDesignation : Administrative AssistantRegional : PerakJob Description : Responsible for the processing of Certificates of Origin and administrative mattersEmail : [email protected] Details : 05-5271990

Name : Shaifudin OmarDesignation : DriverRegional : JohorEmail : [email protected] Details : 07-224 4639

Dear Readers,Kindly click the link below for any comments in this issue. MWB reserves the right to edit and to republish letters as reprints. http://www.miti.gov.my/cms_matrix/form.jsp?formId=c1148fbf-c0a81573-3a2f3a2f-1380042c

Comments & Suggestions

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