Launching of MITI Report 2018

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VOLUME 540

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY

Weekly

BULLETIN

25 June 2019 | NO. ISSN : 2180-0448

Media Release

YB Datuk Darell Leiking, the Minister of International Trade and Industry, launched the MITI Report 2018 at MITI Tower, on 25th of June 2019, together with the Productivity Report 2018/2019. Malaysia leveraged on the improved trend of private investments, underpinned by business- friendly policies and clear economic direction. Despite the challenging external environment, Malaysia managed to attain gross domestic product (GDP) growth of 4.7% in 2018, compared to 5.9% in 2017, which was largely supported by strong domestic demand and well-diversified economy.

On the investment front, Malaysia's private investments in the manufacturing, services and primary sectors recorded RM201.7 billion in 2018, a 0.55% increase

against RM200.6 billion recorded in 2017. Total foreign investments more than doubled at RM58 billion last year, against RM21.5 billion in 2017; accounting for 66.4% of approved investments. In 2018, total trade continued to be resilient; expanding by 5.9% to RM1.88 trillion compared with RM1.771 trillion in 2017.

Malaysia witnessed the greatest achievements in terms of trade surplus in 2018, which widened by 22.3%

to RM120.52 billion, registering the fastest growth rate in 10 years, as well as the largest trade surplus since 2012. This was the 21st consecutive year of trade surplus since 1998, driven by total exports almost reaching the RM1 trillion mark. Despite uncertainties in the global environment, exports rose by 6.8% to reach a value of RM998.28 billion whereas imports increased by 4.9% to RM877.76 billion.

In 2019, Malaysia aims to achieve steady economic growth of between 4.3 and 4.8 percent for 2019, supported by private sector activity, stable income and employment growth, coupled with sustained business capacity expansion. In terms of investments, the first quarter of 2019 showed encouraging signs whereby approvals increased by 3.1 percent to RM53.9 billion, driven primarily by the robust performance of the manufacturing sector. The approved investment is forecasted to create a total of 41,200 job opportunities in manufacturing (22,970 jobs), services (18,000 jobs) and primary sectors (240 jobs). Concurrently, realised investments for FDI in the first quarter of 2019 increased to RM21.7 billion as compared to RM12.9 billion in the last quarter of 2018. Trade rebounded in April 2019, whereby total trade expanded by 2.6 percent to RM159.55 billion. After two months of negative year-on-year growth, exports for the month of April 2019 increased by 1.1% to RM85.2 billion.

MITI and Agencies remain committed to our mandate to attract quality investments, increase trade, and create employment opportunities for the rakyat. In this regard, we will double our efforts to promote investments in more high-value, diverse and complex products driven by the catalytic sub-sectors namely chemicals, E&E and machinery & equipment and also industries with high potential growth particularly aerospace and medical devices. In addition, high-tech industries such as the automotive sector and high- value knowledge-intensive services will also be promoted.

MITI will intensify efforts to strengthen sectoral growth, facilitate structural reforms and provide quality infrastructure. Towards this, MITI launched the Industry4WRD National Policy to transform local companies in the manufacturing sector and manufacturing related services through systematically embracing Industry4.0. Moreover, the inclusion of new agencies under MITI, namely the Department of Standards Malaysia, SIRIM Berhad, MIMOS Berhad, Export-Import Bank of Malaysia Berhad and InvestKL, will further complement as well as bring about diverse capabilities and institutional strengths.

Launching of MITI Report 2018

Ministry of International Trade and Industry, 25 June 2019

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Media Release

Malaysia's Labour Productivity remains strong by 2.2% in 2018

Malaysia registered a labour productivity growth of 2.2% at RM91,971 in 2018 as compared to RM89,925 in 2017. The growth in productivity contributed to the country’s Gross Domestic Product (GDP) of 4.7%, while employment grew at 2.4%.

The Productivity Report 2018/2019 is the 26^th Edition published by Malaysia Productivity Corporation (MPC) with the theme “Driving Productivity of the Nation”. The findings and analysis in this report are based on productivity data released by the Department of Statistics Malaysia (DOSM).

According to the report, the services sector recorded the highest performance with growth in labour productivity at 3.5% that is equivalent to RM86,921, followed by construction at 3.4% (RM43,882), manufacturing at 2.4% (RM121,841) and mining and quarrying 2.1% (RM1,494,710). While, agriculture sector registered a contraction of 0.2% at RM53,943. Among the sectors, productivity levels of mining and quarrying and manufacturing had surpassed the national productivity level.

In terms of productivity level (labour productivity per person employed in 2017 USD), Malaysia remains ahead of selected Asian countries. Malaysia at USD68,321 is ahead of Thailand (USD33,839), China (USD32,848), Indonesia (USD28,057) and the Philippines (USD21,300). However, compared with selected developed countries, Malaysia lagged behind Singapore (USD 145,864), USA (USD 126,979) and Korea (USD76,850).

MITI Weekly Bulletin | www.miti.gov.my

The nine priority subsectors Productivity Nexus have strengthened productivity through the 43 sector- level initiatives by encouraging collaborations between industry players, associations, academicians and relevant agencies. Such public-private sector cooperation has created awareness, better understanding and facilitated the adoption of productivity enhancement programmes including Productivity Champion, Industry Productivity Specialists (IPS), Recognition for High Productivity Enterprise (HPE) using local talent, ezBE Assessment Tool, e-Productivity Gain Measurement (ePGM) and Best Practices Online Database (BOND).

MPC has also undertaken various initiatives to support Government’s agenda in providing conducive business environments through Good Regulatory Practice (GRP), which work to enhance transparency, predictability and accountability. Under GRP, various programmes were carried out such as Modernising Business Licensing (MBL), Regulatory Impact Analysis (RIA), Cutting Red Tape (MyCURE), Reducing Unnecessary Regulatory Burdens (RURB), and removing Non-Tariff Measures (NTMs) that impede business growth.

MPC has assumed the principal role of a Delivery Management Office (DMO) to ensure successful implementation of the initiatives by coordinating, monitoring and evaluating performance of productivity strategies by both the public and private sector players. MPC continues to work together with the Ministry of International Trade and Industry (MITI) and Ministry of Economic Affairs (MEA) as well as other relevant ministries, agencies and other stakeholders in monitoring the progress of productivity efforts, initiatives and strategies that are implemented under the Malaysia Productivity Blueprint (MPB).

The Productivity Report 2018/2019, can be accessed through www.mpc.gov.my and Nexus Productivity Portal www.wayup.my

Ministry of International Trade and Industry, 25 June 2019

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Media Release Malaysia Statistics

Economics Indicators: Leading, Coincident &

Lagging Indexes, April 2019

Source: Department of Statistics, Malaysia

Stronger Leading Index in April indicates a better economic performance in August to October 2019

Annual growth rate of leading index (smoothed) and business

cycle (grey shaded areas), January 1991 to April 2019

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Merchandise Trade Statistics

World Largest Exporters of Vegetable Fats and Oils*

In 2018, Malaysia remains as the major exporter with 46.7%

contribution of world Vegetable Fats and Oils

Top Five EICP export destinations

Note: *HS151620

Source: http://www.trademap.org/index.aspx

1

^st

4

^th

5

^th

3

^rd

2

^nd

Malaysia US$1,655.1m

Netherlands US$332.2m

Indonesia US$283.3m

Germany US$222.8m

Sweden US$119.5m

Top Five Vegetable Fats and Oil Export Destinations

P.R. China US$405.9m

USA

US$140.0m

Turkey US$120.2m

Netherlands US$124.2m Japan

US$77.5m

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Top Five EICP export destinations

Indonesia US$283.3m

Netherlands US$124.2m

Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia

0 20 40 60 80 100 120 140

0 5 10 15 20 25 30 35 40

31 Mar 7 Apr 14 Apr 21 Apr 28 Apr 5 May 12 May 19 May 26 May 2 June 9 June 16 June No. of Certificate of Origin

RM mil.

Generalised System of Preferences (GSP)

Total FOB (RM mil.) Total CO

Note: The preference giving countries under the GSP scheme are Liechtenstein, the Russian Federation, Japan, Switzerland, Belarus, Kazakhstan and Norway.

Number and Value of Preferential Certificates of Origin (PCOs)

0 1,000 2,000 3,000 4,000 5,000 6,000

0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000

RM mil.

ASEAN Trade in Goods Agreement (ATIGA)

0 500 1,000 1,500 2,000 2,500 3,000 3,500

0 200 400 600 800 1,000 1,200

RM mil.

ASEAN-China Free Trade Agreement (ACFTA)

0 200 400 600 800 1,000 1,200

0 200 400 600 800 1,000 1,200 1,400

RM mil.

ASEAN-Korea Free Trade Agreement (AKFTA)

0 50 100 150 200 250 300 350

0 20 40 60 80 100 120 140 160

RM mil.

ASEAN-Japan Comprehensive Economic Partnership (AJCEP)

0 100 200 300 400 500 600 700 800 900 1,000

0 50 100 150 200 250 300 350

RM mil.

ASEAN-India Free Trade Agreement (AIFTA)

0 200 400 600 800 1,000 1,200

0 50 100 150 200 250 300

RM mil.

ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)

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MITI Weekly Bulletin | www.miti.gov.my MITI Weekly Bulletin | www.miti.gov.my

Sale s V alu e

Number and Value of Preferential Certificates of Origin (PCOs)

0 200 400 600 800 1,000 1,200

0 50 100 150 200 250

RM mil.

Malaysia-Japan Economic Partnership Agreement (MJEPA)

0 50 100 150 200 250 300

0 20 40 60 80 100 120 140 160 180

RM mil.

Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)

0 2 4 6 8 10 12 14

0.00 0.10 0.20 0.30 0.40 0.50 0.60 0.70

RM mil.

Malaysia-New Zealand Free Trade Agreement (MNZFTA)

0 20 40 60 80 100 120

0 100 200 300 400 500 600 700 800 900

RM mil.

Malaysia-Chile Free Trade Agreement (MCFTA)

0 100 200 300 400 500 600 700

0 100 200 300 400 500 600

RM mil.

Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)

0 50 100 150 200 250 300 350 400 450 500

0 10 20 30 40 50 60

RM mil.

Malaysia-Australia Free Trade Agreement (MAFTA)

0 50 100 150 200 250 300 350 400 450

0 50 100 150 200 250 300

RM mil.

Malaysia-Turkey Free Trade Agreement (MTFTA)

Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia

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Source : Bank Negara Malaysia

Malaysian Ringgit Exchange Rate with Selected Countries, January 2018 - May 2019

US Dollar

Philippine Peso

Vietnamese Dong

Hong Kong Dollar

Indonesia Rupiah

Indian Rupee

3.9578

3.8862

4.1867 4.1709

3.70 3.75 3.80 3.85 3.90 3.95 4.00 4.05 4.10 4.15 4.20 4.25

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

2018 2019

RM

USD 1 = RM

7.8384

7.4635

7.9362 7.9841

6.50 6.70 6.90 7.10 7.30 7.50 7.70 7.90 8.10

2018 2019

RM

PHP 100 = RM

0.0174

0.0171

0.0180

0.0178

0.0166 0.0168 0.0170 0.0172 0.0174 0.0176 0.0178 0.0180 0.0182

2018 2019

RM

VND 100 = RM

50.6090

49.5163

53.4695

53.1446

47.00 48.00 49.00 50.00 51.00 52.00 53.00 54.00

2018 2019

RM

HKD 100 = RM

0.0296

0.0274

0.0290

0.025 0.026 0.026 0.027 0.027 0.028 0.028 0.029 0.029 0.030 0.030

2018 2019

RM

IDR 100 = RM

6.2202

5.6504

5.9768

5.50 5.60 5.70 5.80 5.90 6.00 6.10 6.20 6.30

2018 2019

RM

INR 100 = RM

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US$54.6 %*

1.7%*

US$1,620.5

3.0%*

US$320.0 (high)

21 June 2019

3.3%*

US$290.0 (low)

Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, and Bloomberg.

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

CRUDE PETROLEUM (BRENT) -per bbl-

5.1%*

US$65.2

21 June 2019

CRUDE PALM OIL -per MT-

3.0%*

US$491.5

21 June 2019

RUBBER SMR 20 -per MT-

3.3%*

US$1,497.5

COCOA SMC 2 -per MT-

COAL -per MT-

SUGAR -per lbs-

3.4%*

US$12.9

SCRAP IRON HMS -per MT-

5 Oct 2018 : US$84.2

Highest

2018/2019

17 May 2019 : US$72.2

4 Jan 2019 : US$57.1 28 Dec 2018 : US$52.2

Lowest 2018/2019

9 Mar 2018 : US$691.5

Highest

2018/2019

22 Feb 2019 : US$567.0

31 May 2019 : US$503.0 23 Nov 2018 : US$448.5

Lowest 2018/2019

Average Price 2018

ⁱ

: US$71.5 Average Price 2018

ⁱ

: US$600.1

Average Price 2018

ⁱ

: US$1,371.0 Average Price 2018

ⁱ

: US$1,535.6 Average Price 2018

ⁱ

: US ¢ 12.3

Average Price 2018

ⁱ

: US$380.7 (high) Average Price 2018

ⁱ

: US$359.6 (low) Average Price 2018

ⁱ

: US$66.9

Domestic Prices

21 June 2019

Steel Bars

(per MT)

RM2,080– RM2,230

Billets

(per MT) RM1,950 - RM2,100

21 June 2019 21 June 2019 21June 2019

21 June 2019

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Number and Value of Preferential Certificates of Origin (PCOs) Commodity Price Trends

Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

1,690.3 1,680.8

1,669.7 1,609.0

1,732.5

1,696.5

1,575.4

1,598.1 1,590.4

1,569.1 1,649.3

1,620.5

1,450 1,500 1,550 1,600 1,650 1,700 1,750

5 Apr 12 Apr 19 Apr 26 Apr 3 May 10 May 17 May 24 May 31 May 7 June 14 June21 June

US$/mt

Cocoa

2,294 2,273

2,266 2,266

2,303 2,372

2,381 2,390

2,387 2,409

2,445 2,467

2,250.0 2,300.0 2,350.0 2,400.0 2,450.0 2,500.0

5 Apr 12 Apr 19 Apr 26 Apr 3 May 10 May 17 May 24 May31 May 7 June 14 June 21 June

US$/mt

Pepper

1,500.0 1,553.0

1,509.0 1,519.5 1,523.5

1,502.5 1,520.5

1,539.5 1,555.0

1,570.5 1,548.0

1,497.5

1,300 1,350 1,400 1,450 1,500 1,550 1,600

5 Apr 12 Apr 19 Apr 26 Apr 3 May 10 May 17 May 24 May 31 May 7 June 14 June 21 June

US$/mt

Rubber SMR 20

63.1 63.9 64.0 63.3

61.9 61.6 62.8

58.6

53.5 54.0 52.5

57.4 70.3 71.6 72.0 72.2

70.9 70.6 72.2

68.7

64.5 63.3 62.0

65.2

40 45 50 55 60 65 70 75

US$/bbl

Crude Petroleum

Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl 518.0

520.5

533.5 533.0 534.0

523.1

507.5 516.5

503.0 506.5

506.5

491.5 490

495 500 505 510 515 520 525 530 535 540

5 Apr 12 Apr 19 Apr 26 Apr 3 May 10 May 17 May 24 May 31 May 7 June 14 June21 June

US$/mt

Crude Palm Oil

12.8 12.9

13.0

12.7

12.0

11.7 11.6 11.7

12.1 12.5

12.9

12.5

11.5 11.7 11.9 12.1 12.3 12.5 12.7 12.9 13.1

US¢/lbs

Sugar

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15.1

15.0 15.0 15.1

15.0

14.8

14.4

14.6 14.6 15.0

14.8 15.3

14.2 14.4 14.6 14.8 15.0 15.2 15.4

5 Apr 12 Apr 18 Apr 26 Apr 3 May 10 May 17 May 24 May31 May 7 June 14 June21 June

US$/oz

Silver

41.4 41.6

41.0 41.3

41.1 41.4 41.2 41.2

41.7 43.1

43.4 44.9

40.0 41.0 42.0 43.0 44.0 45.0 46.0

5 Apr 12 Apr 18 Apr 26 Apr 3 May 10 May 17 May 24 May31 May 7 June 14 June21 June

US$/g

Gold

Sources: Ministry of International Trade and Industry Malaysia, , Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

2,210 2,182 2,069 2,255 2,300 2,238 2,082 2,052 2,026 2,030 1,939 1,920 1,854 1,863 1,871 1,845 1,781

1,400 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2,200 2,300 2,400

2018 2019

US$/ tonne

Aluminium

7,066 7,007 6,799 6,852 6,825 6,966 6,251 6,051 6,051 6,220 6,196 6,075 5,939 6,300 6,439 6,438 6,018

4,000 4,500 5,000 5,500 6,000 6,500 7,000 7,500

2018 2019

US$/ tonne

Copper

12,865 13,596 13,393 13,938 14,366 15,106 13,794 13,411 12,510 12,315 11,240 10,835 11,523 12,685 13,026 12,773 12,016

7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000

2018 2019

US$/ tonne

Nickel

Commodity Price Trends

76.34 77.46 70.35 65.75 66.10 65.04 64.56 67.15 68.44 73.41 73.26 69.15 76.16 88.22 86.47 93.70 100.15

60.0 65.0 70.0 75.0 80.0 85.0 90.0 95.0 100.0 105.0

2018 2019

US$/dmtu

Iron Ore

905.4 898.5

903.7 903.6

874.8 865.6

820.3

802.9 794.2 806.1

804.7 811.0

790.0 810.0 830.0 850.0 870.0 890.0 910.0

US$/oz

Platinum

380.0 380.0 380.0

350.0 350.0 350.0 350.0 350.0

320.0

330.0 330.0 330.0 330.0 320.0 350.0 350.0 350.0

330.0 330.0 330.0 330.0 330.0

280.0

290.0 290.0 290.0 300.0

290.0

250 270 290 310 330 350 370 390

22 Mar29 Mar 5 Apr 12 Apr 19 Apr 26 Apr 3 May 10 May17 May24 May31 May 7 June14 June21 June

US$/mt

Scrap Iron Scrap Iron/MT (High) Scrap Iron/MT(Low)

65.1 63.8 63.8

63.6 63.0 63.0

57.6

55.6 55.6

55.6 54.6 54.6

50.0 51.0 52.0 53.0 54.0 55.0 56.0 57.0 58.0 59.0 60.0 61.0 62.0 63.0 64.0 65.0 66.0 67.0 68.0 69.0 70.0

US$/t

Coal

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MITI PROGRAMMES

YB Minister attended Officiating Ceremony of Malaysia Fest 2019 by Prime Minister in Bangkok,Thailand

21 June 2019

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MITI PROGRAMMES

MITI Minister attended the 34

^th

ASEAN Summit

21-23 June 2019

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MITI PROGRAMMES

MITI Deputy Minister addressed the opening reception of

China International SME Forum (CISMEF), 23 June 2019

(14)

MITI PROGRAMMES

Majlis Networking MITI dan Agensi bersama Sektor Swasta

24 Jun 2019

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MITI PROGRAMMES

Launching of MITI Report and Productivity Report

25 Jun 2019

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All you need to know...

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All you need to know...

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Siti Arfah Kamarzaman Principal Assistant Director

Zuriana Ibrahim Senior Assistant Director

Gross Value Added

Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector.

Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM Gross Value Added at Basic Prices

Gross value added at basic prices is output valued at basic prices less intermediate consumption valued at purchasers’ prices.

Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM Gross Value Added at Producers Prices

Gross value added at producers prices is output valued at producers’ prices less intermediate consumption valued at purchasers’ prices.

Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM Ground Level Ozone (O3)

A pungent, colourless and toxic gas that contributes to photochemical smog. O3 is formed as a result of chemical reaction in the air between Volatile Organic Compounds (VOCs) and Nitrogen Oxide (NOx).

By the late afternoon or early evening, usually O3 concentration is high and dominating API readings in some areas. Under the sunlight influence, and reaction between NOx and VOC that released from motor vehicles exhaust and industrial which form the O3 in the earth’s surface. Under the influence of sunlight, Nitrogen Oxide (NOx) and Volatile Organic Compounds (VOCs) emitted from motor vehicle exhaust and industry react to form O3 in the earth’s surface.

Source : Environment Source Detail : Compendium of Enviroment Statistics Malaysia, DOSM

Groundwater Run-off

Groundwater that is discharged into a stream channel as spring or percolated water.

Source : Environment Source Detail : Compendium of Enviroment Statistics, DOSM Habitat

Place where an organism or population (human, animal, plant, micro-organism) lives.

Source : Environment Source Detail : Compendium of Enviroment Statistics, DOSM Hazardous Wastes

Wastes that, owing to their toxic, infectious, radioactive or flammable properties pose a substantial actual or potential hazard to the health of humans and other living organisms and the environment.

Source : Environment Source Detail : Compendium of Enviroment Statistics

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MITI @ Your Service

Annaletchumy A/P Harivanandan Pa to Senior Director

Nurul Alia Razani Senior Assistant Director Siti Arfah Kamarzaman

Principal Assistant Director

Hazrul Imran Azahar Senior Principal Assistant Director

REGIONAL INTERNATIONAL AND

RELATION DIVISION

Mohamad Iqbal Mohd Noor Senior Director

Asmidar Abdul Rahman Principal Assistant Director

Zuriana Ibrahim Senior Assistant Director

Izzat Baihaqi Abu Bakar Assistant Director Mohd Zulfadhli Bin Rosli Assistant Director

Noraini Mahmod Administrative Assistant

Mohd Riza Saidin Administrative Assistant

Siti Hajar Kuni Kuya Administrative Assistant

Shukri Puteh Office Assistant

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For more information, kindly click the following links:

http://www.miti.gov.my/index.php/pages/view/4761Vintage_English.pdf

For more information, kindly click the following links:

https://www.miti.gov.my/index.php/pages/view/industry4WRD

ANNOUNCEMENTS

https://www.miti.gov.my/index.php/pages/view/aki?mid=535

ANNOUNCEMENTS For more information, kindly click the following links:

https://www.miti.gov.my/index.php/pages/view/industry4WRD?mid=559#tab_547_2202

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NO DATE VENUE TOPIC

1 18 July

(Thursday) MITI

PAHANG

Introduction to FTA &

Preferential Certificate of Origin (PCO) 2 22 August

(Thursday) MITI HQ (SEMINAR 1) 3 19 September

(Thursday) MITI PERAK 4 17 October

(Thursday) MITI HQ (SEMINAR 1) 5 14 November

(Thursday) MITI

KELANTAN

ANNOUNCEMENTS

Klik pautan untuk maklumat lanjut:

https://www.miti.gov.my/miti/resources/%20Banner%20Announcement%202019/Dasar_ABMS_MITI_-_Sign_KSU.pdf

Klik pautan untuk maklumat lanjut:

https://www.miti.gov.my/miti/resources/%20Banner%20Announcement%202019/eposterDASARPEMBERIANPENERIMAHADIAH-1.jpg Tentative Schedule for MITI Pocket Talks 2019

For more information, kindly click the following links:

http://www.miti.gov.my/index.php/pages/view/4761Vintage_English.pdf For more information, kindly click the following links:

https://www.miti.gov.my/index.php/pages/view/aki?mid=535

https://www.miti.gov.my/index.php/pages/view/industry4WRD?mid=559#tab_547_2202

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ANNOUNCEMENTS

In conjunction with the 62

^nd

World Statistics Congress (WSC) of the International Statistical Institute (ISI) 62nd ISI WSC 2019 Malaysia will organize the World Stats Run 2019!

Register at: http://www.racexasia.com/event/world-stats-run-2019/

For more information, kindly visit:

https://www.dosm.gov.my/v1/index.php?r=column/cone&menu_id=N0FVaDR4Y1hGMk1NNi9jS2ZQRFFLZz09#

For more information, kindly visit http://www.isi2019.org/

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Dear Readers,

Kindly click the link below for any comments in this issue. MWB reserves the right to edit and republish letters as reprints.

http://www.miti.gov.my/index.php/forms/form/13

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MITI MWB APPs is now available for IOS, Android and Windows platforms. MWB APPs can be download from Gallery of Malaysian Government Mobile APPs (GAMMA) at the link: http://gamma.malaysia.gov.my/#/appDetails/85

MITI Portal Survey 2019

We are currently conducting a survey of MITI’s official Portal (www.miti.gov.my) to identify

if it meets your expectations in terms of design, contents and functionality. There are 10

questions in this survey and it should take you between 2 to 5 minutes to complete.

You may choose to answer the survey in English or Bahasa Melayu.

This survey is open until 14 July 2017 (Sunday). Please be assured that the information provided will be used solely for the purpose of this survey. Your feedback is important for us to enhance the Portal and serve you better.

*Note: Feel free to forward the survey links to your colleagues.

Thank you for your participation.

ANNOUNCEMENTS

MITI Report 2018 was available for download through MITI Website at:

https://www.miti.gov.my/miti/resources/MITI%20 Report/MITI_Report_2018.pdf

Productivity Report 2018/2019 was available for download at:

http://www.mpc.gov.my/wp-content/uploads/2019/06/

MPC-PRODUCTIVITY-REPORT-FULL-

Launching of MITI Report 2018

VOLUME 540

25 June 2019 | NO. ISSN : 2180-0448

Media Release

Launching of MITI Report 2018

Ministry of International Trade and Industry, 25 June 2019

Media Release

Ministry of International Trade and Industry, 25 June 2019

Media Release Malaysia Statistics

Merchandise Trade Statistics

Malaysia US$1,655.1m

Germany US$222.8m

Top Five Vegetable Fats and Oil Export Destinations

P.R. China US$405.9m

Top Five EICP export destinations

Netherlands US$124.2m

Number and Value of Preferential Certificates of Origin (PCOs)

Sale s V alu e

Malaysian Ringgit Exchange Rate with Selected Countries, January 2018 - May 2019

Commodity Prices

RUBBER SMR 20 -per MT-

5 Oct 2018 : US$84.2

Highest

17 May 2019 : US$72.2

Highest

22 Feb 2019 : US$567.0

Average Price 2018

Steel Bars

21 June 2019 21 June 2019 21June 2019

Cocoa

Silver

Aluminium

Commodity Price Trends

Iron Ore

MITI PROGRAMMES

MITI Deputy Minister addressed the opening reception of

All you need to know...

Gross Value Added

Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector.

Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM Gross Value Added at Basic Prices

Gross value added at basic prices is output valued at basic prices less intermediate consumption valued at purchasers’ prices.

Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM Gross Value Added at Producers Prices

Gross value added at producers prices is output valued at producers’ prices less intermediate consumption valued at purchasers’ prices.

Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM Ground Level Ozone (O3)

A pungent, colourless and toxic gas that contributes to photochemical smog. O3 is formed as a result of chemical reaction in the air between Volatile Organic Compounds (VOCs) and Nitrogen Oxide (NOx).

Source : Environment Source Detail : Compendium of Enviroment Statistics Malaysia, DOSM

Groundwater that is discharged into a stream channel as spring or percolated water.

Source : Environment Source Detail : Compendium of Enviroment Statistics, DOSM Habitat

Place where an organism or population (human, animal, plant, micro-organism) lives.

Source : Environment Source Detail : Compendium of Enviroment Statistics, DOSM Hazardous Wastes

Wastes that, owing to their toxic, infectious, radioactive or flammable properties pose a substantial actual or potential hazard to the health of humans and other living organisms and the environment.

Source : Environment Source Detail : Compendium of Enviroment Statistics

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