AEC Buka Peluang Lebih Besar

AEC buka peluang lebih besar Pengembangan operasi PKS tempatan sekitar Asia Tenggara Datuk Seri Najib Tun Razak percaya pelaksanaan Komuniti Ekonomi ASEAN (AEC) menyediakan peluang lebih besar kepada sektor perusahaan kecil dan sederhana (PKS) tempatan untuk mengembangkan operasi di rantau Asia Tenggara. Perdana Menteri berkata, pelaksanaan AEC akan mengakibatkan liberalisasi lebih besar terhadap tarif dan sekatan bukan tarif dalam kalangan negara ASEAN. Sehubungan itu, beliau memberitahu, sektor PKS tempatan perlu bersedia untuk merebut peluang yang ditawarkan menerusi pelaksanaan AEC.“Adalah penting bagi syarikat-syarikat PKS di negara ini mencapai ekonomi skala relatif atau mengemukakan usul bernilai tinggi. Menurut beliau, sektor “Langkah itu akan menjadikan Negara, Tan Sri Dr. Zeti Akhtar Aziz PKS berjaya mengekalkan kita kekal berdaya saing berbanding serta Ketua Pegawai Eksekutif SME

prestasi pertumbuhan yang lebih “ sektor PKS di negara-negara Corp. Malaysia, Datuk Dr. Hafsah baik daripada pertumbuhan DRIVING ASEAN yang lain,” katanya ketika Hashim. ekonomi keseluruhan. berucap membuka mesyuarat Majlis Pelancaran AEC yang “Sektor PKS berkembang Pembangunan PKS Kebangsaan bertujuan memperkukuhkan pada kadar purata tahunan 8.6 Transformation, (NSDC) Ke-19 yang dipengerusikan kerjasama ekonomi serantau peratus berbanding pertumbuhan beliau di bangunan Parlimen . dijadualkan berlangsung pada 31 purata Keluaran Dalam Negara Turut hadir Menteri di Jabatan Disember ini. Kasar (KDNK) keseluruhan Perdana Menteri, Datuk Seri Abdul Sementara itu, Najib sebanyak 5.4 peratus dalam Wahid Omar; Menteri Pendidikan berkata, Perjanjian Perkongsian tempoh 2012 hingga 2014,”

Tinggi, Datuk Seri Idris Jusoh; Menteri Trans-Pasifik (TPPA) memberi katanya. POWERING Perdagangan Antarabangsa dan peluang kepada Malaysia Najib memberitahu, Industri, Dato’ Sri Mustapa Mohamed; bagi menilai kedudukannya keanjalan sektor PKS dalam Menteri Kemajuan Luar Bandar dan dalam pasaran, kekuatan serta menyesuaikan operasi mereka Wilayah, Datuk Seri Ismail Sabri kemampuan untuk bersaing.

mengikut perubahan masa Growth” Yaakob dan Menteri Pertanian dan “TPPA dijangka dilaksanakan adalah satu perkara yang boleh Industri Asas Tani, Datuk Seri Ahmad dua tahun lagi dan perjanjian itu bakal dibanggakan. Shabery Cheek. membawa banyak manfaat serta Perdana Menteri seterusnya Tidak ketinggalan Menteri cabaran,” jelasnya. melancarkan aplikasi rasmi SME Perdagangan Dalam Negeri, Koperasi Perdana Menteri turut Corporation Malaysia (SME Corp) dan Kepenggunaan, Datuk Hamzah berbangga dengan pertumbuhan selepas mesyuarat berkenaan. Zainudin; Menteri Pelancongan dan memberangsangkan sektor PKS Aplikasi yang boleh Kebudayaan, Datuk Seri Mohamed walaupun berdepan dengan dimuat turun melalui Google Play Nazri Abdul Aziz; Menteri Sumber kenaikan kos akibat pengurangan dan AppStore itu mengandungi Manusia, Datuk Seri Riehard Riot subsidi, pelaksanaan dasar gaji maklumat tentang program serta Jaem; Ketua Setiausaha Negara, minimum serta cukai barang dan skim bantuan kewangan yang Tan Sri Dr. Ali Hamsa; Gabenor Bank perkhidmatan (GST). disediakan kerajaan untuk PKS.

Sumber: Utusan Malaysia, 1 Dis. 2015

MITI Weekly Bulletin / www.miti.gov.my Other businessservices n.i.e., Governmentgoodsandservices n.i.e.,Insuranceandpensionservices and recreationalservices,Financial services,Maintenanceandrepairservices Others includeChargesfortheuse ofintellectualpropertyn.i.e.,Personal,cultural RM billion 10 20 30 40 50 MITIWeekly Bulletin/www.miti.gov.my 0 services computer andinformation Telecommunications, Source :Department ofStatistics,Malaysia Travel Transport RM7.0bil

Q1 32.1 3.0% 32.8 RM17.1bil 4.6% Exports Q2 31.7 RM1.1bil 53.9%

2013 35.1 Trade in Services, Q12013-Q32015 Trade inServices, Trade in Services, Q32015 Trade inServices,

Q3 33.1 RM2.1bil RM4.1bil Construction byothers on physicalinputsowned Manufacturing services 5.5% Others* 36.1 5.5% MALAYSIA RM2.8bil 31.8%

Q4 35.8

Notes: %refertoy-o-ygrowth 38.3 Exports

Q1 35.1 35.6 inputs ownedbyothersandOtherbusinessservices n.i.e., GovernmentgoodsandservicesManufacturingonphysical and recreationalservices,Financialservices,Maintenancerepair Others includeChargesfortheuseofintellectualpropertyn.i.e.,Personal,cultural Q2

RM2.5bil 34.3 8.6%

2014 35.8 Imports services computer andinformation Telecommunications, Travel Transport

Q3 33.6 37.1 RM3.2bil 32.2%

Q4 34.3 Imports 39.9 RM10.5bil RM2.4bil

Q1 33.3 96.8% 1.5% 37.0 Insurance andpensionservices Construction Others* 2015

Q2 32.9 RM10.8bil 37.4 9.2%

Q3 34.1 RM10.7bil

40.0 0.1%

Growth” POWERING Transformation, DRIVING “ Consumer Price Index (CPI) , Jan 2014 - Oct 2015

Index

115 114.1 113.9 113.9 114 113.6 113.0 113 112.3 111.9 111.9 112 111.8 111.3 110.9 111 110.7 110.5 110.6 110.2 110.3 109.9 109.9 110.0 109.9 110 109.8 109.5

109

108

107

106 “

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct DRIVING 2014 2015 Transformation, CPI by State, Ocotober 2015 Johor Selangor &WP Putrajaya P. Pinang N. Sembilan POWERING 116.5 115.2 114.9 114.6 3.4% 2.9% 3.0% 2.7% Growth”

Kelantan WP K.Lumpur Kedah & Perlis Malaysia 114.5 113.8 113.6 114.1, 2.5% 1.8% 3.3% 2.3% The Consumer Price Index (CPI) measures the percentage change through time in the cost of purchasing a constant “basket” of goods and services representing Melaka Pahang Terengganu the average pattern of purchases 113.6 113.6 112.5 made by a particular population 2.3% 2.2% group in a specified time period. 1.8% The “basket” is of an unchanging or equivalent quantity and quality of goods and services, consisting of items for which there are continually measurable market prices over time. Changes in the costs of items in the Perak Sarawak Sabah & WP Labuan basket are therefore due only to 112.1 112.1 110.9 “pure” price movements, i.e. price 2.0% 1.9% 1.2% movements that are not associated with changes in the quality and / or quantity of the set of consumer goods and services in the basket. Notes: % refer to y-o-y growth Source : Department of Statistics, Malaysia MITI Weekly Bulletin / www.miti.gov.my MONTHLY HOUSEHOLD CONSUMPTION EXPENDITURE PATTERN 2004, 2009 & 2014

RM1,953 RM2,190 RM3,578 2004 2009 2014 393 20.1 444 20.3 676 18.9 35 1.8 48 2.2 “

83 2.3 DRIVING 59 3.0 75 3.4 “

124 3.5 DRIVING 430 22.0

495 22.6 Transformation, 853 23.9 83 4.3

89 4.1 Transformation, 137 3.8 27 1.4 29 1.3 59 1.6

314 16.8 POWERING 327 14.9 523 14.6

103 5.3 POWERING 124 5.6 189 5.3

92 4.7 Growth” 101 4.6 174 4.9

38 2.0 Growth” 31 1.4 41 1.1 213 10.9 239 10.9 454 12.7 167 8.5 190 8.7 RM 266 7.4 percent 1,000 800 600 400 200 0 0.0 10 20 30

2004 2009 2014

Note: Household consumption is the value of consumer goods and services acquired, used or paid for by a household through direct monetary purchase, own-account production, barter or as income in kind for the satisfaction of the needs and wants of its members.

Source : Department of Statistics, Malaysia MITI Weekly Bulletin / www.miti.gov.my MONTHLY HOUSEHOLD CONSUMPTION EXPENDITURE 2014 “ DRIVING Transformation, POWERING Growth”

Note:

Mean - the level of average income/expenditures during a period of time. Median - the level of income at the middle of an array/distribution wherein economic units, e.g. families are arranged from increasing/decreasing order according to the size of their income.

Source : Department of Statistics, Malaysia MITI Weekly Bulletin / www.miti.gov.my ‘ and You’ ASEAN Index of Economic Freedom, 2015 (Fiscal Freedom Component) • Fiscal freedom is a measure of the tax burden imposed by government. It includes direct taxes, in terms of the top marginal tax rates on individual and corporate incomes, and overall taxes, including all forms of direct and indirect taxation at all levels of government, as a percentage of GDP. Thus, the fiscal freedom component is composed of three quantitative factors: • The top marginal tax rate on individual income, • The top marginal tax rate on corporate income, and • The total tax burden as a percentage of GDP. Scores between 0-100 Free (80-100) Mostly Free (70.0-79.9) Moderately Free (60.0-69.9) Mostly Unfree (50.0-59.9) Repressed (0-49.9)

1 6 91.2 84.4 Singapore Malaysia “ DRIVING 2 7

Cambodia 90.5 Indonesia 83.3 Transformation,

8 POWERING Brunei 87.0 81.5 Thailand Growth” 4 86.9 9 Myanmar 79.1 Philippines

5 10 86.2 Laos Viet Nam 79.1

Source: http://www.heritage.org/index/monetary-freedom

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

MITI Weekly Bulletin / www.miti.gov.my International Report U.S. Economic Indicators, January – October 2015

% Inflation Rate Index Consumer Price Index 0.25 0.2 240 0.15 238 0.1 238.7 236 238.6 0.05 238.3

0.17 237.9 237.8 0 237.8

234 236.6 -0.05 Jan Feb Mar Apr May Jun Jul Aug Sep Oct 236.1

-0.1 232 234.7 -0.15 -0.09 233.7 230 -0.2 Jan Feb Mar Apr May Jun Jul Aug Sep Oct -0.25

% Unemployment Rate 6

5.7 “ DRIVING 5.5

5.0

5 Transformation,

4.5 Jan Feb Mar Apr May Jun Jul Aug Sep Oct POWERING Malaysia’s Trade with USA Jan 2014 - Sept 2015 RM Mil. Growth” 15,000

10,000

5,000

0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 2014 2015 Exports Imports Total Trade

Source: Bureau of Economic Analysis MITI Weekly Bulletin / www.miti.gov.my Largest Companies in the World 2015 The largest companies are measured by revenues, profits, assets and market value.

Sales:$166.8bil. Profits :$44.8bil Sales:$97.8bil. Profits :$21.2bil

Industrial and Commercial Bank of China JPMorgan Chase, USA

Sales:$130.5bil. Profits :$37.0bil Sales:$376.2bil. Profits :$32.5bil “ DRIVING Transformation, China Construction Bank Exxon Mobil, USA

Sales:$129.2bil. Profits :$29.1bil Sales:$333.4bil. Profits :$17.4bil POWERING Growth”

Agricultural Bank of China PetroChina

Sales:$120.3bil. Profits :$27.5bil Sales:$148.5bil. Profits :$15.2bil

Bank of China General Electric, USA

Sales:$194.7bil. Profits :$19.9bil Sales:$90.4bil. Profits :$23.1bil

Berkshire Hathaway, USA Wells Fargo, China Source:http://www.forbes.com/pictures/fjlj45fjef/10-wells-fargo/ MITI Weekly Bulletin / www.miti.gov.my Number and Value of Preferential Certificates of Origin (PCOs) Number of Certificates (Provisional data) 4 Oct 2015 11 Oct 2015 18 Oct 2015 25 Oct 2015 1 Nov 2015 8 Nov 2015 15 Nov 2015 22 Nov 2015 AANZFTA 1,026 875 815 1,003 802 204 859 1,013 AIFTA 776 643 569 546 736 688 477 652 AJCEP 241 250 122 194 236 238 165 185 ATIGA 4,837 4,481 3,871 4,774 3,817 4,986 3,461 4,675 ACFTA 1,582 1,552 1,276 1,479 1,551 1,607 1,218 1,319 AKFTA 778 837 576 1,001 886 806 642 878 MICECA 311 338 235 309 314 306 213 316 MNZFTA 6 10 2 7 7 14 10 2 MCFTA 77 71 58 82 44 76 30 58 MAFTA 417 481 421 560 366 603 287 529 MJEPA 927 679 799 871 807 909 720 860 MPCEPA 153 113 150 172 134 175 130 116 GSP 176 103 127 146 123 150 77 169 MTFTA 202 217 125 209 160 223 124 162 Notes: The preference giving countries under the GSP scheme are Liechtenstein, the Russian Federation, Japan, Switzerland, Belarus, Kazakhstan and Norway. AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement MPCEPA: Malaysia-Pakistan Closer Economic Partnership (Implemented since 1 January 2010) Agreement (Implemented since 1 January 2008) MJEPA: Malaysia-Japan Economic Partnership ATIGA: ASEAN Trade in Goods Agreement Agreement (Implemented since 13 July 2006) (Implemented since 1 May 2010) MICECA: Malaysia-India Comprehensive Economic AJCEP: ASEAN-Japan Comprehensive Economic Partnership Cooperation Agreement (Implemented since 1 July 2011) (Implemented since 1 February 2009)

MNZFTA: Malaysia-New Zealand Free Trade Agreement “ ACFTA: ASEAN-China Free Trade Agreement DRIVING (Implemented since 1 August 2010) (Implemented since 1 July 2003) MCFTA: Malaysia-Chile Free Trade Agreement AKFTA: ASEAN-Korea Free Trade Agreement (Implemented since 25 February 2012) (Implemented since 1 July 2006) MAFTA: Malaysia-Australia Free Trade Agreement

AIFTA: ASEAN-India Free Trade Agreement Transformation, (Implemented since 1 January 2013) (Implemented since 1 January 2010) MTFTA: Malaysia-Turkey Free Trade Agreement (Implemented since 1 August 2015) Value of Preferential Certificates of Origin 350 1,800

1,600 300 POWERING 1,400 250 1,200

200 1,000 RM million

800 Growth” 150 RM million 600 100 400 50 200

0 0 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov 22 Nov 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov 22 Nov AANZFTA 109 88 197 106 296 21 102 126 ATIGA 944 849 1,660 805 613 1,260 602 840 AIFTA 252 182 147 124 174 183 91 130 ACFTA 901 645 602 878 579 1,047 873 653 AJCEP 122 102 46 65 86 76 64 89 AKFTA 150 659 108 1,065 192 176 778 176

80 200 180 70 160 60 140

50 120

40 100

RM million RM 80 30 million RM 60 20 40

10 20

0 0 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov 22 Nov 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov 22 Nov MICECA 55.99 44.26 38.35 45.15 46.96 49.83 27.64 42.75 MJEPA 154 112 117 177 126 148 113 154 MNZFTA 0.09 0.10 0.06 0.66 0.17 0.30 0.19 0.02 MPCEPA 20 12 24 37 24 38 17 23 MCFTA 11.12 30.17 9.81 44.95 6.46 9.09 4.27 5.55 GSP 32 44 24 30 26 27 22 29 MAFTA 40.40 44.61 35.02 55.22 34.41 58.75 68.08 47.18 MTFTA 72 147 42 99 150 100 121 86

Source: Ministry of International Trade and Industry, Malaysia MITI Weekly Bulletin / www.miti.gov.my Malaysian Ringgit Exchange Rate with Singapore Dollar and Philippine Peso SGD = RM 100PHP = RM

3.10 SGD = RM 3.04 9.50 100 PHP = RM 9.20 3.00 9.00 2.90

2.80 8.50

2.70 8.00 2.60 7.50 2.50

2.40 7.00 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct 2014 2015

Source : Bank Negara, Malaysia Gold Prices, 24 July - 27 November 2015 US$/Gram Gold 39.0 “ DRIVING

38.0

37.0 Transformation,

36.0

35.0 34.8 POWERING 34.0 34.4

33.0 Growth” 2 Oct 9 Oct 4 Sep 7 Aug 24Jul 31Jul 6 Nov 16Oct 23Oct 30Oct 11Sep 18Sep 25Sep 14Aug 21Aug 28Aug 13Nov 20Nov 27Nov

Source : http://www.gold.org/investments/statistics/gold_price_chart/ Silver and Platinum Prices, 24 July - 27 November 2015 US$/Oz Silver US$/Oz Platinum 16.5 1,050.0

16.0 1,000.0 974.3 15.5

15.0 950.0 14.6 14.5 900.0

14.0 14.2 850.0 13.5 836.0 13.0 800.0 2 Oct 9 Oct 2 Oct 9 Oct 4 Sep 4 Sep 7 Aug 7 Aug 24Jul 31Jul 24Jul 31Jul 6 Nov 6 Nov 16Oct 23Oct 30Oct 16Oct 23Oct 30Oct 11Sep 18Sep 25Sep 11Sep 18Sep 25Sep 14Aug 21Aug 28Aug 14Aug 21Aug 28Aug 13Nov 20Nov 27Nov 13Nov 20Nov 27Nov http://online.wsj.com/mdc/public/page/2_3023-cashprices.html?mod=topnav_2_3023

MITI Weekly Bulletin / www.miti.gov.my Commodity Prices

Crude Crude Rubber Cocoa Scrap Iron Sugar Coal Commodity Petroleum Palm Oil SMR 20 SMC 2 HMS (per lbs.) (per MT) (per bbl) (per MT) (per MT) (per MT) (per MT) 27 Nov 2015 190 (high)

41.7 543.0 15.0 1,158.0 2,020.2 46.6

(US$) 170 (low)

unchanged % change* 3.3 0.1 2.2 2.2 1.8 1.3 unchanged

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 “ DRIVING * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated n.a Not availble Highest and Lowest Prices, 2014/2015 Transformation,

Crude Petroleum (27 Nov 2015) Average Domestic POWERING US$41.7 per bbl Prices, 27 Nov 2015 Highest Lowest (US$ per bbl) (US$ per bbl) Growth”

2015 2015 29 May 2015: 60.3 21 Aug 2015: 40.5

2014 2014 Billets 13 June 2014: 107.6 26 Dec 2014: 54.6 (per MT) RM1,200 - RM1,300

Crude Palm Oil (27 Nov 2015) US$543.0 per MT Highest Lowest (US$ per MT) (US$ per MT) Steel Bars 2015 2015 (per MT) 16 Jan 2015: 701.0 4 Sep 2015: 500.5 RM1,450 - RM1,550

2014 2014 14 Mar 2014: 982.5 26 Dec 2014: 664.0

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.

MITI Weekly Bulletin / www.miti.gov.my Commodity Price Trends

Crude Palm Oil Rubber SMR 20 600 1,310

1,290 586.0 580 584.0 1,281.5 1,279.5 580.0 1,280.5 1,270 1,262.5 566.5 560 565.0 1,262.5 558.5 1,250 553.5 1,250.5 1,243.5 540 543.5 543.0 1,230

US$/mt 1,231.5 US$/mt

529.5 1,210 520 522.0 1,197.0

1,190 1,183.5

500 503.5 1,172.5 1,170

1,158.0 480 1,150

11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct 6 Nov 13 Nov 20 Nov 27 Nov “ DRIVING

Cocoa Black Pepper 2,150 8,500 Transformation, 7,967 8,000 7,822 7,853 2,100 7,806 7,894 7,707 2,084.1 7,500 7,591 2,056.7 7,296 2,064.3 2,050 2,058.6 7,286 7,267 7,029 2,034.5 2,052.5 7,148 6,940 2,044.3 7,000 7,063 2,033.5 6,959 2,030.2 6,864 POWERING 2,021.6 2,020.2 6,742 2,000 2,009.8 6,469 USD/ tonne 6,500 6,515 US$/mt

6,245 6,000 1,950 5,740 5,843

5,779 Growth” 5,500

1,900 1,910.4 5,000 Jul Jul Jan Jan Jun Jun Oct Oct Apr Apr Feb Sep Feb Sep Dec Aug Aug Nov Nov Mar Mar May May 1,850 2014 2015 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct 6 Nov 13 Nov 20 Nov 27 Nov * until 27 November 2015

Sugar Crude Petroleum 16 55

53 15 15.3 52.7 15.0 15.0 51 14.5 14.5 50.5 14 14.3 14.3 14.3 49 49.6 49.6 49.6 48.6 13.5 48.1 48.1 48.0 47 47.5 47.4 13 47.3 46.6 46.1 45 45.7 45.5 US$/lbs 12.5 12.4 US$/bbl 44.6 44.7 44.6 44.7 44.9 12 44.3 43 43.6 11.7 41 41.7 11 40.7 40.4 39 10 37 Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl 9 35 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct 6 Nov 13 Nov 20 Nov 27 Nov

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.

MITI Weekly Bulletin / www.miti.gov.my Commodity Price Trends

Aluminium Copper

2,200 7,400 7,291

2,100 7,200 7,113 2,056 7,149 2,030 7,002 7,000 6,891 6,872 2,000 6,800 6,713 1,948 1,990 6,821 1,946 6,600 6,737 1,900 1,909 6,650 6,674 6,446 1,811 1,839 1,818 1,819 6,400 6,295 1,800 1,815 1,804 6,200 1,727 6,042 US$/ tonne 1,774 US$/ tonne 1,751 6,000 5,940 1,700 1,705 5,833 1,695 1,688 5,800 5,831 1,640 1,590 1,600 5,600 5,729 5,457 1,548 5,400 1,500 1,516 5,217 5,200 5,127 5,216 1,400 5,000 Jul Jul Jan Jan Jul Jul Jun Jun Oct Oct Apr Apr Feb Sep Feb Sep Dec Aug Aug Jan Jan Nov Jun Jun Mar Mar Oct Oct Apr Apr Feb Sep Feb Sep May May Dec Aug Aug Nov Mar Mar May May 2014 2015 2014 2015 “ DRIVING Coal Nickel 47.5

19,401 19,118 47.3

19,000 18,600 Transformation, 18,629 18,035 47.0

17,000 17,374 46.9 46.9 15,962 46.5 46.6 15,812 15,807 46.6 15,678 15,000 14,574 46.4 46.4 46.4 14,849 46.3 POWERING

US$/mt 46.2

US$/ tonne 14,204 14,101 46.2 13,756 46.0 13,000 13,511 46.0 12,831 12,825

11,000 11,413 10,317 45.5 Growth” 10,386 9,938 9,000 Jul Jul Jan Jan Jun Jun Oct Oct Apr Apr Feb Sep Feb Sep Dec Aug Aug Nov Mar Mar

May May 45.0 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 2014 2015

Scrap Iron Iron Ore 140.0 280 270.0 130.0 128.1 260.0 121.4 260 120.0 114.6 250.0 250.0 110.0 250.0 111.8 240.0 240 100.6 100.0 230.0 230.0 96.1 92.6 230.0 230.0 230.0 90.0 92.7 220 US$/dmtu 81.0

US$/mt 220.0 210.0 80.0 82.4 74.0 210.0 210.0 68.0 200 70.0 195.0 63.0 63.0 190.0 190.0 190.0 68.0 60.0 195.0 58.0 57.0 60.0 56.0

180 50.0 52.0 52.0 53.0 Scrap Iron/MT (High) 175.0 Scrap Iron/MT(Low) 170.0 170.0 170.0 40.0 Jul Jul Jan Jan Jun Jun Oct Oct Apr Apr Feb Sep Feb Sep Dec Aug Aug Nov Mar Mar 160 May May 3 Jul 24 Jul 7 Aug 14 Aug 28 Aug 11 Sep 25 Sep 9 Oct 30 Oct 6 Nov 20 Nov 27 Nov 2014 2015

MITI Weekly Bulletin / www.miti.gov.my “DRIVING Transformation, POWERING Growth” . Although this gave him a great sense of him a Although this gave : 607-415 2084 : 607-415 2085 / 607-415 3729 : [email protected] Sampan, 9.7, Jalan 3470, Km 168, Lot No. Add: Estate, Industrial Pecah Tongkang Malaysia Pahat, 83010 Batu Johor, Tel Fax Email Growing up in a large 300 acre estate in Kajang, Selangor large 300 acre estate a Growing up in Khadmudin Bin where his father was the manager, Mohamed Rafik spenthis early years observing his father look for how to an early age he learned do business. From interested As he grew up he became business opportunities. in law and told himself he would a lawyer be when he grew case of most successful businessmen, up. But as in the he had within himself entrepreneurship a spirit of waiting to great things. awaken and do Khadmudin By the age of 21, was already making RM2,000 from his month trading in the coconuts to RM3,000 a father's estate. be independent, build to achievement, he soon yearned to The Police Hero Police The MITI Weekly Bulletin / www.miti.gov.my MITI Weekly looks forward to even higher peaks of achievement. manufacturers of branded apparels, they sell fabrics to local garment makers large and small, they supply to the company boasts of Today the government and GLCs on tenders, and even to small time fabric traders. fabric a month, and tons of produce 100 + are able to running his facilities that close to a hundred workers With his legendary focus, Khadmudin now have even started to produce fabrics for the automotive industry. diversifying his markets paid off well, and his company was able to do quite well even through the economic diversifying his markets paid off downturn of 97-98 and achieve his target of 10% growth. large regionalthey sell to local and export markets, the to Bhd supplies textiles Industries Sdn Tricot Maple available was also a decisive factor for him. In 1997 when he badly needed to he replace was his given ageing a machinery, financing package totalling During those days of economic downturn, he was RM1.5 million to bring in new equipment from Germany. naturally worried about whether he would be able to meet the financing obligations. But his strategy of focus and determination that he honed over his impressive career he started to drive his business upwards. he started to focus and determination that he honed over his impressive career financing on types different The As his Bank. operations SME grew, he soon by had offered to rates look for favourable financingthe into orderdue to achievebanks hisother growthover targets.Bank He chose SME When he first took over the company, it was basically a new start, as the business had run aground. Starting with Starting aground. run had business the as start, new a basically of his company he was able to finally actively participate in the running and building was it company, the over took first he When Khadmudin planned his business growth with careful consideration. of 10 from the previous company, a staff He focused on achieving a minimum target of 10% growth annually and diversified his marketing. With the which was failing and was looking for a buyer. He bought over the company and installed He bought over as the his friend which was failing and was looking for a buyer. was It General Manager to help him manage business. His General Manager the with him until today. remains only 1995 in that he took up his optional retirement from the Police of service. In 1996, Force after 20 years and Senior Investigating Officer before becoming the Head Prosecutor in Batu Pahat in 1991. and Senior Investigating Officer his entrepreneurial was during the height of his career in the Police Force that He wishedspirit awoke again. It and so started to do what he used to in his younger days - look for to provide a better income for his family, business opportunities. He found out about a textile producing company where a good friend was working He received numerous commendations awards and during his tenure in the Police including Force the Pingat Area Inspector and was he was promoted to 1981 Jasa Kebaktian.In Pertabalan Sultan Perak and Pingat transferred In to the Taiping. subsequent years he rose through the ranks, becoming a Prosecution Officer in the jungles of Perak, Khadmudin's first fighting contact with the against Khadmudin enemy that situations was deadly these communists during in was It a communists. the with miningfirefight a in fieldengaged were introops who Gopeng during Opswere infiltrating Sitiawan, when his the orangfailure. from separated success that number one factor was the focus lesson - life-changingvital learned a asli communities. posted to Perak which was at the heart of communist activity. In the Special Branch, only 15 out of 126 officers officers 126 of out 15 be a school in Ipoh. Nobody wanted to of in front communists Police had just been murdered by the Chief of only Branch, Special the In activity. communist of heart the at was which Perak to posted volunteered to go to Perak. Khadmudin one of them. He was involved was in special operations throughout Police Force suggested that he join the Police Force to gain experience and exposure. Having been drawn Khadmudin leapt at the opportunity and was appointed the rank of Probationary to law as a young boy, soon. Little did he know of the heroic deeds he would be engaging in Inspector in the Special Branch. Perak The When he joined the Police Force in 1976, the height it was during of the communist insurgency. how own success story. At the age of 23, he decided At the age of 23, world. His uncle who was in the to venture out into the how own success story. MITI Programme MITI Management Retreat 2015 26 - 28 November 2015 “ DRIVING Transformation, POWERING Growth”

MITI Weekly Bulletin / www.miti.gov.my Announcement MITI MENCAPAI 97.77 PERATUS DALAM TAHAP PRESTASI PENGURUSAN KEWANGAN KEMENTERIAN 2014 MENGIKUT LAPORAN KETUA AUDIT NEGARA “ DRIVING Transformation, POWERING

Utusan Malaysia, 24 Nov. 2015

Media Release Growth”

Signing Ceremony Of The Protocol To Amend The Framework Agreement On Comprehensive Economic Co-Operation Between Asean And The People’s Republic Of China

The ASEAN Economic Ministers had successfully signed the Protocol To Amend The Framework Agreement On Comprehensive Economic Co-Operation Between ASEAN and the People’s Republic of China, witnessed by the Leaders on 22 November 2015 at the 27th ASEAN Summit and Related Summits held in Kuala Lumpur. The upgrading of the ASEAN-China Free Trade Agreement (ACFTA) aims to streamline and enhance economic cooperation, in line with the changes in the trade and economic landscape between ASEAN and China, including amendments to the agreement on Trade in Goods, Services, Investment, Economic and Technical Cooperation. ACFTA has contributed to the rapid development of trade and investment between ASEAN and China. It is important that the scope and content of ACFTA continue to grow in line with the current regional and global economic landscape and are comparable to other modern free trade agreements. The Protocol will strengthen and enhance the existing agreement to stimulate and facilitate trade in goods, services, investment and the enhancement on economic cooperation between ASEAN and China. The amendments under the Protocol is also expected to contribute and meet the goals set forth by the Leaders of ASEAN and China to achieve two-way trade of USD 1 trillion and investment of USD150 billion by the year 2020.

MITI Weekly Bulletin / www.miti.gov.my We Have Moved! “ DRIVING Transformation, SHOWCASE SATU DAERAH SATU INDUSTRI (SDSI) PERINGKAT NASIONAL 2015 POWERING Growth”

MITI Weekly Bulletin / www.miti.gov.my @ YOUR SERVICE

Name : Rahmat Ahmad Designation : Assistant Administrative Officer Job Description : Reviewing AP application - Open AP 2 Division : Trade and Industry Support Contact No : 603-6200 0381 Email : [email protected]

Name : Rosnah Mohamed Taib Designation : Assistant Administrative Officer Job Description : Reviewing AP application for vehicle - Non “

quota vehicle 2 DRIVING Division : Trade and Industry Support Contact No : 603-6200 0367 Transformation, Email : [email protected] POWERING Growth”

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