Page 1

No. ISSN: 2180-0448

MALAYSIA February 2014

13.4

d oye l p Em

Total Labour Force 13.8 million

million

Unemployment Rate 3.2%

0.4

Labour Force Participation Rate** 67.4%

million

Outside Labour Force # Note : * Age between 15 to 64 years #

All persons not classified as employed or unemployed such as housewives, students (including those going for further studies), retired, disabled persons and those not interested in looking for a job. ** ratio of the labour force to the working age population in percentage

6.7

million

Persons Employed and Unemployment Rate, January 2013 - February 2014 Persons (mil.) 14.5

Unemployment Rate (%) 4.0

3.3

14.0

3.3 3.0

3.3

3.3

3.0

3.0

3.1

3.4

3.1

3.3

3.2

3.0

3.5 3.0

2.8

2.5

13.5

2.0 13.0

1.5 1.0

12.5

0.5 12.0

12.9

12.9

12.9

13.1

13.0

13.5

13.5

13.7

13.8

13.7

13.7

13.5

13.5

13.4

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

2013 Persons employed Source : Department of Statistics, Malaysia MITI Weekly Bulletin/ www.miti.gov.my

2014 Unemployment rate

0.0

“DRIVING Transformation, POWERING Growth�

Working Age Population* Unemployed February 2014


Import by Broad Economic Categories (BEC), Q1 2013 and Q1 2014 Total Imports for Q1 2014: RM161.5 bil.

Total Imports for Q1 2013: RM153.1 bil. Others RM8.0 bil.

Consumption Goods RM10.5 bil.

Others RM7.2 bil.

Consumption Goods RM12.1 bil.

Capital Goods RM22.7 bil.

Capital Goods RM24.3 bil. Re-export RM20.2 bil.

Re-export RM25.5 bil.

Intermediate Goods RM90.1 bil.

Intermediate Goods RM94.0 bil.

Import by BEC for Selected Categories, January 2013 - March 2014 RM bil. 40

Categories Breakdown, Q1 2014

35

Intermediate goods:

30

• • • •

25 20

Consumption goods:

15 10 5 0

Industrial supplies: 41.5% Parts & accessories: 38.2% Fuel & lubricants: 15.9% Food & beverages: 4.4%

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

2013 Intermediate 31.4 Goods Capital Goods 7.8 Consumption 3.9 Goods

Feb

Mar

2014

25.3

33.4

34.1

31.3

32.8

33.7

31.4

31.5

34.0

30.4

30.0

34.1

27.7

32.2

7.4

9.1

8.0

7.7

7.6

9.0

7.8

8.6

8.2

7.5

9.8

8.0

6.5

8.3

2.9

3.6

4.0

4.1

4.0

4.6

3.9

4.0

4.1

4.1

4.4

4.3

3.5

4.4

Source : Department of Statistics, Malaysia

MITI Weekly Bulletin/ www.miti.gov.my

• • • • •

Food & beverages: 42.1% Non-durables: 25.1% Semi-durables: 15.7% Durables: 14.3% Transport equipmet: 2.8% (non-industrial)

Capital goods: • Except transport equipment: 82.6% • industrial transport equipment: 17.4%

“DRIVING Transformation, POWERING Growth”

Note : Others include dual goods, transaction below RM5,000 and goods not elsewhere classified.


ad o r d wde o r c ost orks? m e Th netw

rks? o w t e ad n o r t s e ng The lo

Number of cars produced (‘000)* China

14,485

Japan

7,159

Germany

5,872

South Korea

4,222

India

3,054

USA

2,966

Brazil

2,773

France

1,931

Spain

1,820

Russia

1,738

Mexico

1,657

Iran

1,413

UK

1,344

Czech repuclic Canada

1,192 991

Poland

740

Slovakia

640

Turkey

640

Argentina

577

Belgium

562

Indonesia

562

Thailand

550

Malaysia

496

Note: *Data for 2011 Source : The Economist 2014 Edition MITI Weekly Bulletin/www.miti.gov.my

Malaysia is the 23rd largest car producers in the world and 3rd among ASEAN

“DRIVING Transformation, POWERING Growth”

6.5 million km in the US, followed by India (4.2 million km) and China (4.0 million km)

Monaco with 413 vehicles per km of road network, followed by Hong Kong (297) and Singapore (249)


GDP and Trade Ranking with Malaysia for ASEAN Countries, 2013

MYANMAR GDP: US$56.4 bil. Ranking: 41 (RM2.9 bil.)

THAILAND GDP: US$387.2 bil. Ranking: 5 (RM78.6 bil.)

LAO PDR GDP: US$10.0 bil. Ranking: 139 (RM0.1 bil.) VIET NAM GDP: US$170.6 bil. Ranking: 13 (RM32.3 bil.)

SINGAPORE GDP: US$295.7 bil. Ranking: 2 (RM180.7 bil.)

INDONESIA GDP: US$870.3 bil. Ranking: 6 (RM61.1 bil.)

Note: Ranking in terms of trade with Malaysia Source : International Monetary Fund and Department of Statistics, Malaysia

MITI Weekly Bulletin/www.miti.gov.my

BRUNEI DARUSSALAM GDP: US$16.2 bil. Ranking: 35 (RM3.6 bil.)

“DRIVING Transformation, POWERING Growth”

CAMBODIA GDP: US$15.7 bil. Ranking: 61 (RM1.4 bil.)

PHILIPPINES GDP: US$272.0 bil. Ranking: 18 (RM14.1 bil.)


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

Number of Certificates

RM million

600

AJCEP

ATIGA

ACFTA

AKFTA

16 Mar 2014

755

391

174

4,788

1,367

754

400

23 Mar 2014

865

486

264

4,468

1,436

898

300

30 Mar 2014

747

500

200

4,940

1,355

829

200

06 Apr 2014

801

532

287

3,963

1,438

716

100

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

16 Mar

23 Mar

30 Mar

6 Apr

13 Apr

20 Apr

27 Apr

4 May

AANZFTA

64

83

79

107

76

68

83

77

AIFTA

81

103

104

348

113

536

122

102

AJCEP

78

80

53

86

116

30

93

560

AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement (Implemented since 1 January 2010)

Value of Preferential Certificates of Origin

AIFTA: ASEAN-India Free Trade Agreement (Implemented since 1 January 2010) AJCEP: ASEAN-Japan Comprehensive Economic Partnership (Implemented since 1 February 2009)

18,000 16,000 14,000 12,000

ATIGA: ASEAN Trade in Goods Agreement (Implemented since 1 May 2010) ACFTA: ASEAN-China Free Trade Agreement (Implemented since 1 July 2003)

10,000 8,000 6,000 4,000 2,000 0

16 Mar

23 Mar

30 Mar

6 Apr

13 Apr

20 Apr

27 Apr

4 May

ATIGA

648

18,025

797

8,410

700

646

644

634

ACFTA

545

336

545

636

390

350

624

508

AKFTA

608

261

671

2,512

126

598

244

92

AKFTA: ASEAN-Korea Free Trade Agreement (Implemented since 1 July 2006)

Number of Certificates MICECA

MNZFTA

MCFTA

MAFTA

06 Apr 2014

282 245 234 230

13 2 0 6

56 75 47 45

415 311 391 379

16 Mar 2014 23 Mar 2014 30 Mar 2014

Value of Preferential Certificates of Origin 60.0 50.0 40.0

13 Apr 2014

232

5

54

339

30.0

20 Apr 2014

250

16

50

358

20.0

27 Apr 2014

243

8

48

402

04 May 2014

203

4

27

247

10.0 0.0

16 Mar

23 Mar

30 Mar

6 Apr

13 Apr

20 Apr

27 Apr

4 May

MICECA

43.44

27.89

45.86

30.38

35.25

35.63

54.12

26.07

MNZFTA

0.26

0.02

0.00

0.17

0.31

0.32

0.14

0.13

MCFTA

6.70

9.78

7.31

7.23

7.77

6.41

6.38

5.04

MAFTA

46.14

24.77

30.12

27.78

30.55

29.89

32.67

21.44

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)

Number of Certificates MJEPA

MPCEPA

GSP

Value of Preferential Certificates of Origin

804

99

128

250

23 Mar 2014

787

109

253

200

30 Mar 2014

924

216

86

150

06 Apr 2014

888

115

178

13 Apr 2014

806

169

118

20 Apr 2014

730

127

244

27 Apr 2014

705

151

140

684

129

94

Notes: The preference giving countries under the GSP scheme are members of the European Union, Norway, Switzerland, Belarus, the Russian Federation and Turkey. Source: Ministry of International Trade and Industry, Malaysia MITI Weekly Bulletin/ www.miti.gov.my

RM million

16 Mar 2014

04 May 2014

“DRIVING Transformation, POWERING Growth”

RM miliion

AIFTA

500

0

RM million

AANZFTA

100

50

0

16 Mar

23 Mar

30 Mar

6 Apr

13 Apr

20 Apr

27 Apr

4 May

MJEPA

141

120

194

162

122

131

128

123

MPCEPA

23

22

89

13

52

22

43

63

GSP

16

27

13

23

17

26

39

16

MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008) MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006)


Malaysian Ringgit Exchange Rate with US Dollar (US$) and Euro (EUR), January 2013 - April 2014 US DOLLAR (US$)

EURO (EUR)

5.00

6.00 5.50

1EURO = RM4.50 4.50

5.00 4.50

4.00

4.00 3.50 3.00

3.50

1USD = RM3.26

2.50 2.00 Jan

Feb Mar Apr May June July Aug Sep

Oct Nov Dec

Jan

2013

Feb Mar Apr

3.00

2014

Gold and Silver Prices, 3 January - 9 May 2014 US$/gramme

gold/us$/gramme

silver /us$/oz

US$/oz

45

30

44

28

43 42

26

41 40

24

39

22

38 37

20

36 35

18 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

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

Aluminium, Nickel and Copper Prices, January 2013 - April 2014 US$/ton 20000

Aluminum

Copper

Nickel US$14,204

15000

10000

US$7,149

5000

US$1,695 0 Jan 13

Feb 13 Mar 13 Apr 13 May 13 Jun 13

Source : World bank MITI Weekly Bulletin/ www.miti.gov.my

Jul 13

Aug 13

Sep 13

Oct 13

Nov 13 Dec 13

Jan 14

Feb 14

“DRIVING Transformation, POWERING Growth”

Source : Bank Negara, Malaysia


Commodity Price Trends, 30 January 2014 - 9 May 2014 106.0

3,000.0 Cocoa SMC 2

104.0

2,500.0

2,000.0 Rubber SMR 20

100.0

Crude Petroleum

98.0

Crude Palm Oil

96.0

Scrap Iron

1,500.0

US$/MT

US$/bbl

102.0

1,000.0

500.0

Raw Sugar

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

Iron Ore 9 May

Crude Petroleum/bbl

97.6

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

Rubber SMR 20/MT

1,864.0

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

Cocoa SMC 2/MT

2,658.0

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

Crude Palm Oil/MT

860.5

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

Scrap Iron/MT

395.0

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

Raw Sugar/MT

346.5

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

Iron Ore/MT

160.0

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

94.0

0.0

Highest & Lowest Prices, 2013/2014

Highest (US$ per bbl) 18 Apr 2014: 104.2 Sep 2013: 110.2

Crude Palm Oil (9 May 2014) US$913.6 per MT

Lowest (US$ per bbl) 10 Jan 2014: 92.3 19 Apr 2013: 88.1

Highest (US$ per MT) 14 Mar 2014: 982.5 15 Nov 2013: 925.0

Lowest (US$ per MT) 30 Jan 2014: 855.0 4 Jan 2013: 800.0

Weekly Commodity Prices 9 May 2014 (US$)

% Change*

2013i

2012i

2011i

Crude Petroleum (per bbl)

100.3

0.1

88.1-108.6

77.7-109.5

80.3-112.7

Crude Palm Oil (per MT)

913.6

unchanged

805.5

1,000.4

1,124.0

Raw Sugar (per MT)

368.8

3.5

361.6

473.8

647.0

Rubber SMR 20 (per MT)

1,674.0

3.7

2,390.8

952.5

1,348.3

Cocoa SMC (per MT)

2,516.3

0.1

1,933.1

2,128.9

2,644.8

unchanged unchanged

485.6

444.7

491.0

Commodity

Scrap Iron HMS (per MT)

395.0 (High) 385.0 (Low)

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 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

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

“DRIVING Transformation, POWERING Growth”

Crude Petroleum (9 May 2014) US$100.3 per bbl


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.

Nelson’s Franchise (M) Sdn Bhd

“DRIVING Transformation, POWERING Growth”

Making fresh and healthy snacks for everyone is the cornerstone of Nelson’s philosophy in helping people set up their business. Every visit to Nelson’s is assured of a wholesome and delicious snack from waffles to dorayaki, sausages and corn soup mixed with cool and refreshing ice-blended beverage and bubble tea. From their best selling corn-in-acup, Nelson’s has innovated other corn-based products, from delicious corn drink to satiating corn soup to fulfil the market demand for tasty and healthy snacks. Quality products are a must for Nelson’s. This is the reason the company has ventured into farming and manufacturing of corn and other agriculture-based products to ensure high quality food is served at their franchise. They have also been supplying other restaurants and foodchains with their top-grade corn and agriculture products. All Nelson’s products are rigorously checked for quality control from the farm all the way into the manufacturing process before it is made available to the consumers. Nelson’s has obtained HALAL certification to ensure the purity of their products for the discerning market. Smart Business Partnership The company aims to continue to provide natural and high quality wholesome food from home-grown farms to their customers in Malaysia and worldwide in partnership with their franchisees. Nelson’s is looking forward to explore new markets and to innovate new products to continue to serve the world with healthy, wholesome and delicious snacks. Nelson’s has developed a system for training outlet operations and inhouse management training to support their franchisees and business partners. This ensures a high standard of service delivery that is uniform across all Nelson’s outlets. Nelson’s believe in sharing their experience and excellent products with those who are venturing into entrepreneurship, both at the local and international level. They are always looking for opportunities to build businesses from farmers to process manufacturers as well as franchisees in order to serve the market. Nelson’s – Serving Malaysia And The World Nelson’s Franchise began with the corn-in-a-cup concept and has grown to serving a variety of healthy snacks at their franchise outlets. Nelson’s is always looking to upgrade and improve their operation and procedure to continue serving the world with delicious and healthy snacks while growing with their business collaborators. No matter where the locations or market needs are, Nelson’s is eager to share their concept and products that can be customised to suit the market’s preference. The attitude of ‘building businesses together with others’ is the key to Nelson’s success in more than 17 countries worldwide. The company has made a breakthrough in entering the China market since 2011, expanding from Indonesia, as the first international market to include Brunei, Turkey, Germany, Egypt, Middle East and the United States. This success is due to Nelson’s adaptability to market demands and the ability to tailor their products to suit local consumers’ taste and preference. Utilising MATRADE’s service for internationalisation of Malaysian brands, Nelson’s continue to strengthen their global market presence, not just for their franchises, but also their supply chain products.

MITI Weekly Bulletin/ www.miti.gov.my

(M) HISE C N A ’S FR SON DN BHD a U1/77 L E N S ggar iga nyelen ian Batu T e P n r a t gor 7, Jal Perindus Selan m n a l a Tam 0 Shah A 512 8228 5 4015 6133 : +603 TEL +603 5512 : FAX .com

yx steam y @ s n m . o .com : nels AIL w.nelsons M E ww


Email Contact Details

Name Designation Regional Job Description Email Contact Details

: : : :

Mohd. Nazri Baharudin Administrative Assistant Pahang Responsible for applications/processing Approved Permit (AP) and administrative matters : nazri.baharudin@miti.gov.my : 09-513 0851

: : : :

Aswaniayu Mohd.Yusof Office Assistant Kelantan Responsible for general office work, printing, binding and mail delivery : aswaniayu.yusof@miti.gov.my : 09-7483457

Comments & Suggestions 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 MITI Weekly Bulletin/www.miti.gov.my

“DRIVING Transformation, POWERING Growth�

Name Designation Regional Job Description

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