volume 356 - 22 sept 2015
TRANSCRIPT
Assalamualaikum Warahmatullahi Wabarakatuh
Alhamdulillah, setinggi-tinggi kesyukuran saya panjatkan ke hadrat Allah S.W.T kerana dengan limpah dan izinNya kita masih diberikan peluang untuk meneruskan kehidupan dan dapat meraikan Hari Raya Aidil Adha atau Hari Raya Haji yang akan disambut pada 10 Dzulhijjah 1436H bersamaan 24 September 2015. Kisah pengorbanan Nabi Ibrahim A.S dan ketaatan anakanda beliau baginda Nabi Ismail A.S akan sentiasa menjadi hayatan dan panduan tatkala kita meneruskan lafaz tahmid dan takbir sebagai tanda pengabdian diri kepada Allah S.W.T
Dalam konteks dunia pada hari ini, konsep pengorbanan itu sendiri mencakupi makna yang lebih luas dan mendalam. Ia menuntut sebuah tanggungjawab, terutamanya dari segi mengorbankan masa dan tenaga dalam menyumbang ke arah pembangunan bangsa, agama dan negara. Konsep itu wajar diteladani oleh kita semua umat Islam dan para penjawat awam terutamanya ketika ekonomi negara sedang berada dalam situasi yang mencabar ketika ini.
Kedudukan ekonomi Malaysia menjadi lebih mencabar dengan keadaan ekonomi dunia yang tidak menentu semenjak tahun lepas. Namun demikian, Malaysia masih mampu mencapai KDNK pada kadar 4.9% pada suku kedua tahun 2015. Walau bagaimanapun, dengan langkah-langkah yang diumumkan oleh YAB Perdana Menteri pada 14 September 2015, kita harap Malaysia akan mampu bertahan.
Akhir kata, izinkan saya untuk mengucapkan Selamat Hari Raya Aidil Adha buat saudara saudari sekalian. Saya ingin menyeru kepada semua rakyat Malaysia agar menghayati pengertian pengorbanan dengan meningkatkan lagi semangat perpaduan dalam kalangan semua penduduk dari berbagai bangsa dan latar belakang. Saya juga berharap agar warga MITI akan terus berkhidmat dengan penuh dedikasi serta sanggup melakukan pengorbanan dengan penuh redha demi kemakmuran dan kesejahteraan negara yang kita cintai ini.
Dato’ Sri Mustapa MohamedMenteri Perdagangan Antarabangsa dan Industri
Perutusan Hari Raya Aidil Adha YB Menteri
MITI Weekly Bulletin / www.miti.gov.my
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MALAYSIASME* Performance
2014
Services: RM213,166 mil. (58.6%)
Manufacturing: RM78,962 mil. (21.7%)
Agriculture: RM45,185 mil. (12.4%)
Construction: RM20,671 mil. (5.7%)
Mining & QuarryingRM1,478 mil. (0.4%)
plus Import duties RM4,064 mil. (1.1%)
SMEsGDP
RM363.5at constant 2010 prices
Value Added of SMEs by Kind of Economic Activity, 2014
Note: % refer to share to total SMEs GDP
CategoryValue Added (RM billion) Share (%)
Current Prices
Constant 2010 Prices
Current Prices
Constant 2010 Prices
SMEs 396.6 363.5 35.8 35.9
Large Enterprises 710.0 649.0 64.2 64.1
GDP 1,106.6 1,012.5 100.0 100.0
• Manufacturing: Sales turnover not exceeding RM50 million OR full-time employees not exceeding 200 workers; and• Services and other sectors: Sales turnover not exceeding RM20 million OR full-time employees not exceeding 75 workers.
Note - * refer to:
Source : Department of Statistics, Malaysia MITI Weekly Bulletin / www.miti.gov.my
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Agriculture
48.6%
SMEs
51.4%
LargeEnterprises
Construction
47.9%
SMEs
52.1%
LargeEnterprises
Services
39.4%
SMEs
60.6%
LargeEnterprises
Manufacturing
33.9%
SMEs
66.1%
LargeEnterprises
Mining & quarrying
1.6%
SMEs
98.4%
LargeEnterprises
Contribution of SMEs to GDP at Constant 2010 Prices, 2014
Source : Department of Statistics, Malaysia MITI Weekly Bulletin / www.miti.gov.my
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MITI Weekly Bulletin / www.miti.gov.my
Federal Government Revenue , 1997-2015“D
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1 2
30.4
135.6
23.2 47.7
12.1
51.8 65.7
235.2
0
50
100
150
200
250
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
RM billionDirect TaxesIndirect TaxesNonrevenue -TaxTotal Revenue
1Estimate by Ministry of Finance, Malaysia 2Budget estimate, excluding 2015 Budget measures by Ministry of Finance, Malaysia
Note:
435.9
364.7350
370
390
410
430
450
Jan
Feb
Mar
Apr
May Jun
Jul
Aug Se
p
Oct
Nov Dec Jan
Feb
Mar
Apr
May Jun
Jul
RM billion
Expressed as Number of Months of Retained ImportsNet International Reserves
Month 2014 2015Jan 9.4 7.9
Feb 9.0 7.9
Mar 9.2 8.1Apr 9.4 8.0May 9.1 8.2Jun 9.0 8.2Jul 9.0 7.6
Aug 9.0
Sep 8.7Oct 8.8
Nov 8.4
Dec 8.42014 2015
Components of Federal Government Operating Expenditure, 2015
EmolumentRM65.7 bil.
29.4%
17.1%
SubsidiesRM37.7 bil.
16.9%
15.2%Others
RM33.9 bil.
10.9%7.3%3.3%
Supplies & Services
RM38.1 bil.
Pension & GratuitiesRM16.3 bil.Debt Service
ChargesRM24.4 bil.
Grants & Tranfers to State Governments
RM7.4 bil.
TotalRM223.4 bil.
Source: Bank Negara, Malaysia
Source: Ministry of Finance, Malaysia
Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent
necessary to protect and maintain liberty itself.
MITI Weekly Bulletin / www.miti.gov.my
Source: http://www.heritage.org/index/about
MITI’s ASEAN Portal can be accessed via http://aec2015.miti.gov.my/
Sing
apor
eO
vera
ll Sc
ore
: 89.
4
MALA
YSIA
Ove
rall
Scor
e : 7
0.8
Overall Score : 58.1Overall Score : 62.2Philippines
Brun
eiO
vera
ll Sc
ore
: 68.
9
Thai
land
Ove
rall
Scor
e : 6
2.4
Viet NamOverall Score : 51.7
Indonesia CambodiaOverall Score : 57.5
Lao PDROverall Score : 51.4
MyanmarOverall Score : 46.9
ASEAN Index of Economic Freedom, 2015score (100 represents the maximum freedom)
and You’ ’
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MITI Weekly Bulletin / www.miti.gov.mySource: Trademap
“DR
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International Repor tGlobal Trade , 2007 - 2015 (Jan - June)
27.1 31
.2
24.1 29
.4 35.1
35.1
36.1
36.4
10.9
0
5
10
15
20
25
30
35
40
2007 2008 2009 2010 2011 2012 2013 2014 2015 (Jan - June)
13.4 15
.4
11.9 14
.6 17.4
17.4 18.0
18.2
5.3
0
5
10
15
20
2007 2008 2009 2010 2011 2012 2013 2014 2015 (Jan - June)
13.7 15
.9
12.2 14
.8 17.7
17.7
18.0
18.2
5.5
0
5
10
15
20
2007 2008 2009 2010 2011 2012 2013 2014 2015 (Jan - June)
Global ExportsUSD trillion
USD trillion Global Imports
USD trillion Global Total Trade
MITI Weekly Bulletin / www.miti.gov.mySource: http://www.federalreserve.gov/newsevents/press/monetary/20150917a.htm
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USA,
MITI Weekly Bulletin / www.miti.gov.mySource : Ministry of Higher Education
Professor Datuk Dr. Abdul Khalil H P ShawkatalyProfessor Dr. Abdul Latif AhmadProfessor Dr. Abdul Rahman MohamedProfessor Dr. Abd Karim AliasProfessor Dr. Hazizan Md AkilAssociate Professor Dr. Mohd Roslee OthmanProfessor Dr. Wan Saime Wan Ngah
Professor Dr. Wan Mohd Ashri Wan
Professor Dr. Siti Kartom KamarudinProfessor Dr. Ishak Hashim
Professor Dr. Luqman Chuah AbdullahAssociate Professor Dr. Abdul Halim Abdullah
Associate Professor Dr. Wong Kuan
Puan Norliana Mohd Abbas
A total of fourteen national researchers have been recognised as the recipients of the Malaysia’s Rising Star Award for obtaining the top 1% of the Highly Cited Papers published worldwide, extract-ed from the Essential Science Indicators (ESI) for the period between 2005 to 2014 by Thompson Reuters which is based in New York, USA. These award recipients are the reprint authors with the
most frequently referred to articles by researchers worldwide in broad research fields.
Malaysia's Rising Star Award 2015“D
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MITI Weekly Bulletin / www.miti.gov.my
Did You Know ?“D
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Source : https://www.globalinnovationindex.org/userfiles/file/GII-2015-Infographics.pdf
Information for Mid-Tier Companies Development Programme - Par t 3
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]
We are seeking the best MTCS to par ticipate in this programme
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MITI Weekly Bulletin / www.miti.gov.my
Frequently asked questions
Malaysian Ringgit Exchange Rate with Chinese Yuan and Thai Baht
Source : Bank Negara, Malaysia
“DR
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MITI Weekly Bulletin / www.miti.gov.my
9.00
9.50
10.00
10.50
11.00
11.50
12.00
0.40
0.45
0.50
0.55
0.60
0.65
0.70
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2014 2015
CNY = RM THB100 = RM
100 THB = RM 11.47
1 CNY = RM 0.64
17.5
15.3
13.0
13.5
14.0
14.5
15.0
15.5
16.0
16.5
17.0
17.5
18.0
15 M
ay22
May
29 M
ay5
Jun
12 Ju
n19
Jun
26 Ju
n3
Jul
10 Ju
l16
Jul
24 Ju
l31
Jul
7 Au
g14
Aug
21 A
ug28
Aug
4 Se
p11
Sep
18 S
ep
US$/Oz Silver
1,168.5
960
900.0
950.0
1,000.0
1,050.0
1,100.0
1,150.0
1,200.0
15 M
ay22
May
29 M
ay5
Jun
12 Ju
n19
Jun
26 Ju
n3
Jul
10 Ju
l16
Jul
24 Ju
l31
Jul
7 Au
g14
Aug
21 A
ug28
Aug
4 Se
p11
Sep
18 S
ep
US$/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, 15 May - 18 September 2015
Silver and Platinum Prices, 15 May - 18 September 2015
39.2
36.7
34.0
35.0
36.0
37.0
38.0
39.0
40.0
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
18 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)
26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 SepAANZFTA 80 182 69 85 99 85 78 82AIFTA 222 221 165 153 153 209 188 156AJCEP 95 57 102 47 71 58 91 110
0
50
100
150
200
250
RM
mill
ion
26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 SepATIGA 719 1,352 843 997 783 1,272 754 681ACFTA 547 830 850 4,575 982 557 435 902AKFTA 261 413 235 133 137 160 172 851
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
RM
mill
ion
26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 SepMICECA 50.64 34.72 46.07 48.23 56.30 47.98 47.81 35.16MNZFTA 0.03 0.47 0.43 0.42 0.08 0.10 0.01 0.45MCFTA 22.57 27.61 9.65 6.82 12.65 24.53 43.73 55.92MAFTA 37.01 29.09 37.00 185.99 41.61 35.63 30.60 30.81
0
20
40
60
80
100
120
140
160
180
200
RM m
illio
n26 Jul 2015 2 Aug 2015 9 Aug 2015 16 Aug 2015 23 Aug 2015 30 Aug 2015 6 Sep 2015 13 Sep 2015
AANZFTA 601 978 689 942 1,040 916 727 868
AIFTA 624 765 573 742 724 780 577 614
AJCEP 221 153 267 112 211 210 195 236
ATIGA 3,212 4,152 4,374 4,399 4,422 4,358 4,506 4,346
ACFTA 1,022 1,646 1,267 1,300 1,505 1,461 1,242 1,307
AKFTA 740 649 692 739 912 744 755 825
MICECA 336 308 312 289 336 305 239 250
MNZFTA 4 9 12 15 3 3 2 21
MCFTA 64 56 74 53 110 71 65 77
MAFTA 371 351 429 396 449 436 318 414
MJEPA 763 672 759 764 815 966 771 732
MPCEPA 130 143 143 184 186 170 109 155
GSP 76 155 94 117 160 129 144 123
MTFTA - 0 0 93 239 283 152 321
26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 SepMJEPA 123 97 109 147 162 162 113 131MPCEPA 20 46 40 63 69 41 11 53GSP 18 27 18 20 27 21 32 23MTFTA 0 0 35 68 89 112 144
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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MITI Weekly Bulletin / www.miti.gov.my
Notes: The preference giving countries under the GSP scheme are Cambodia, the Russian Federation, Japan, Switzerland, Norway and Kazakhstan.
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)18 Sep 2015
(US$) 44.7 529.5 254.0 1,250.5 2,044.3 46.9 250 (high)230 (low)
% change* 0.1 5.2 2.0 2.4 1.1 1.0 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
“DR
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MITI Weekly Bulletin / www.miti.gov.my
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 (18 Sep 2015)
US$44.7 per bbl
201413 June 2014: 107.6
201426 Dec 2014: 54.6
201529 May 2015: 60.3
201521 Aug 2015: 40.5
Lowest (US$ per MT)
Highest(US$ per MT)
Crude Palm Oil (18 Sep 2015)
US$529.5 per MT
201414 Mar 2014: 982.5
201426 Dec 2014: 664.0
201516 Jan 2015: 701.0
20154 Sep 2015: 500.5
Steel Bars(per MT)
RM1,600 - RM1,700
Average Domestic Prices, 11 Sep 2015
Billets(per MT)
RM1,300 - RM1,350
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.
Commodity Price Trends“D
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MITI Weekly Bulletin / www.miti.gov.my
661.5
648.5639.5
630.5622.5
599.5
577.5
551.0
512.5500.5 503.5
529.5
480
500
520
540
560
580
600
620
640
660
680
700
3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep
US$
/mt
Crude Palm Oil
2,250.9
2,207.62,195.22,197.7
2,183.8
2,231.5
2,058.0
2,094.5
2,115.5
2,047.32,033.5
2,021.6
2,044.3
2,000
2,050
2,100
2,150
2,200
2,250
2,300
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
US$
/mt
Cocoa
263.3265.8 266.8
248.3
242.0
234.0
228.5 228.0
240.0
245.3249.0
254.0
200
210
220
230
240
250
260
270
280
3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep
US$
/mt
Raw Sugar
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
1,250.5
1,100
1,150
1,200
1,250
1,300
1,350
1,400
1,450
1,500
1,550
3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep
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
6,983
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 18 September 2015
59.7
56.9
52.7
50.9
48.147.1
43.942.5
40.5
45.246.1
44.6 44.7
63.3
60.3
58.757.5
54.6
52.2
48.6 49.0
45.5
50.1 49.6
48.147.5
35
40
45
50
55
60
65
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
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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MITI Weekly Bulletin / www.miti.gov.my
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
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
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
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
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
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2014 2015
US$
/ to
nne
Copper
44.9 45.045.3
47.5 47.547.3 47.3 47.3 47.2
47.3 47.3
46.9
42.0
43.0
44.0
45.0
46.0
47.0
48.0
49.0
3 Jul 10 Jul 16 Jul 24 Jul 31 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep
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
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2014 2015
US$/
dmtu
Iron Ore
The company currently owns and manages a fleet of 25 marine vessels comprising various types of vessels such as General Purpose Vessels, Anchor Handling Tug Supply Vessels, Mooring Launches, Barges, Safety Standby Vessels, Fast Crew Boats, Utility Vessels and Straight Supply Vessels. The company specializes in the provision of marine transportation and support services for the offshore oil and gas industry.
CORE BUSINESS:Barcos Shipping’s main clients are major oil and gas companies such as Petronas Carigali Sdn. Bhd, Sarawak Shell Bhd, Sabah Shell Petroleum Company, ExxonMobil Exploration and Production Malaysia Inc. Other clients include construction and engineering companies involved in the provision of services to the offshore oil and gas industry.
SYARIKAT BORCOS SHIPPING SDN BHD
KEY CLIENTS & PROJECTS:Country Client(s) Project Name and Summary of Work Scope
Malaysia Petronas Carigali Spot Charter Crew Boat
Malaysia Sarawak Shell Berhad Provision of Two Fast Crew Boats
Malaysia Petronas Carigali Provision of One Unit Fast Crew Boat
Malaysia Sarawak Shell Berhad Provision of Fast Crew Boats
Malaysia Petronas Carigali Provision of Two Fast Crew Boats
Add: Syarikat Borcos Shipping Sdn Bhd, No.3, Jalan Krokop, P.O Box 687, 98007 Miri, Sarawak, MalaysiaTel: 085 419 954 / 603 2604 0134Fax: 085 418 854 / 603 2602 1826Email: [email protected]: www.borcos.com.my
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MITI Weekly Bulletin / www.miti.gov.my
MITI Programme
Mesyuarat Pertama Majlis Aeroangkasa Malaysia 2015
15 September 2015
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MITI Weekly Bulletin / www.miti.gov.my
Majlis Networking Bersama Dewan, Persatuan Perniagaan dan NGO Bumiputera
17 September 2015
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MITI Weekly Bulletin / www.miti.gov.my
Malaysia Productivity Corporation Board of Directors Visit to Intel Penang
10 September 2015
“DR
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MITI Weekly Bulletin / www.miti.gov.my
“DR
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ransformation, P
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G G
rowth”
MITI Weekly Bulletin / www.miti.gov.my
NEC 3/2015 - GROWING RESILIENCE FOR MALAYSIA’S EXPORTSTHURSDAY, 17 SEPTEMBER 2015, KUALA LUMPUR: Malaysia is stepping up efforts to ramp up exports by implementing several initiatives under a strategic road map that, among others, involves deep collaboration between the public and private sectors. This was one of the decisions reached at the 3rd National Export Council (NEC) meeting convened today. The meeting discussed several measures on boosting exports, taking into consideration the global economic situation. It noted that based on the first 7 months of 2015, Malaysia’s exports, similar to the experience of other countries in the region, were under pressure due to the lack of global demand and slower uptake by its traditional trading partners. The meeting outlined five key strategies to overcome the challenge: 1) Creating higher value exports, 2) Strengthening export capabilities 3) Market deepening in high-potential markets 4) Growing the number of exporters and 5) Promoting "Brand Malaysia” The meeting also discussed action plans and measures to improve the export eco-system and enhance the contribution of Mid-Tier companies and SMEs to exports. The Mid-Tier Companies Development Programme launched in January 2014 is a 9-month export acceleration programme with the objective to develop and nurture selected Mid-Tier Companies to become more resilient and competitive internationally. A total of 44 MTCs participated in Wave 1, and another 57 MTCs are currently participating in Wave 2. Efforts will also be taken to boost contribution of SMEs to 23% of total exports by 2020 by strengthening existing initiatives and activities. Programmes to merge SMEs into Mid-Tier companies will be intensified to support them in their export ventures. MITI’s agencies, notably MATRADE, MIDA & SME Corp, are already collaborating with MNCs based in Malaysia and overseas to undertake sourcing from Malaysia and help link SMEs suppliers to these large corporations. On the international front, the promotion of Malaysian products and capabilities will be strengthened to create greater impact and enhance Malaysia’s effort in positioning the country in the global marketplace. With the softening of commodity prices, the meeting noted that it was crucial that the resource-based sectors such as the palm oil industry move towards producing higher value-added products, particularly in the oleo-chemicals, nutraceuticals and pharmaceuticals. The Government has provided incentives to assist companies to undertake more downstream activities. The service sector especially tourism is expected to further contribute to exports and measures to facilitate this are currently being developed. Presently, this sector contributes more than RM130 billion annually to exports. The ongoing efforts to improve the export eco-system in a concerted and coordinated manner will remain the primary agenda of the Council.
Media enquiriesMinistry of International Trade & IndustryCorporate Communications UnitTel +603 6200 0043 / 44Fax +603 6201 1632 E-mail [email protected]
MEDIA RELEASE
Bank Negara Malaysia (BNM) would like to caution individuals and institutions in relation to a spam email entitled “Notification of Money Laundering Involvement” dated 15 September 2015 purportedly sent by Bank Negara Malaysia. The Central Bank wishes to state that it did not send such email to individuals and institutions. This is a spam email sent from an unknown sender who attempted to pose as a staff with an identity from BNM’s email domain. Individuals and institutions who received this spam email are advised not to open the attachment in the spam email as well as reply or forward it to anyone. Individuals and institutions are also advised to delete this spam email and to take precautionary steps to remove or block the unknown sender from their corporate email system or mailboxes.
Bank Negara Malaysia18 September 2015
Beware of Spam Email Entitled “Notification of Money Laundering Involvement”
MITI WEEKLY BULLETIN CONVEYS ITS DEEPEST AND HEARTFELT CONDOLENCES
TO THE FAMILY OF THE LATE
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MITI Weekly Bulletin / www.miti.gov.my
Anthony Kevin MoraisDeputy Public Prosecutorfor the Attorney General’s Chambers of Malaysia
MITI Weekly Bulletin / www.miti.gov.my
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