MITI in the News
YB Dato’ Sri Mustapa
Mohamed today announced the achievement and updates
of the implementation of the National Automotive Policy (NAP) 2014. The NAP was introduced in January 2014. The Minister of International Trade and Industry reiterated that the key objective of the policy is to transform Malaysia into the ENERGY EFFICIENT VEHICLE (EEV) hub by 2020.
The Minister recapped that the focus towards EEV is to make Malaysia the ASEAN hub for EEV, developing the research
and development capabilities for right hand
drive (RHD) vehicles and related technologies, such as fuel efficiency, light material, telematics, tooling and component design.
The Minister said that Malaysia’s Total Industry Volume (TIV) has further grown by 1.6% in 2014, recording a total industry volume of 666,465 units, compared with 655,793 units in the previous year.
Investments approved in the automotive manufacturing sector totalled RM11.5 billion and RM2.6 billion in the after sales and services sectors.
From these investments, a total of RM4.9 billion was realized as at end 2014, increasing the vehicle production capacity by 70,000 units a year. These investments had started in 2013 and will be completed by 2018, resulting in an increase in the existing production capacity from 600,000 units to 923,000 units. A total of eight vehicle manufacturers are involved in these investments.
In line with the Barisan Nasional Manifesto, Dato’
Sri Mustapa added that the average car price dropped by 7.01% across all models and variants introduced in 2014.
Comparisons were made between the new and previous on-the-road prices. In 2013, average
car prices reduced by 4.97%. The lower car prices benefitted some 72.5% of car buyers in 2014.
On the EURO 4 fuel implementation, Dato’ Sri Mustapa explained the different timelines for the introduction of petrol and diesel. The Euro 4 for Ron 97 petrol will be introduced in September 2015, nationwide, while Ron 95 will be implemented in 2018. Sales of Euro 5 diesel have already begun at 12 fuel stations in Johor. The Minister also said that Euro 5 diesel will be introduced to other states this ear.
In terms of talent development, the Minister said a total of 8,075 people were trained by the Malaysia Automotive Institute (MAI). Almost all of these trainees had secured jobs in the automotive industry at salaries about 25% higher than the industry average. In total, the automotive industry created 21,072 new jobs in 2014, comprising mostly technicians, skilled and semi-skilled workers and engineers.
The competitiveness of the automotive suppliers had also improved through
the implementation of the Lean Production System (LPS) and Automotive
Supplier Excellence Programme (ASEP) under
MAI. These initiatives had improved productivity by 21.5% and generated cost savings of RM 601.3 million among 277 vendors.
On the development of technology, 21 technology projects were initiated as at end 2014 with a value of about RM 39.9 million.
A total of 4 projects have been commercialized by December 2014.
The NAP 2014 also aims to develop the Bumiputera talent in the automotive sector and to increase their participation in the industry. Several initiatives have commenced involving workshop transformation, establishing new motorcycle dealerships, automotive
remanufacturing and others. As at 2014, the 250
participating companies enjoyed cumulative additional revenues of RM83.6 million.
Ministry of International Trade and Industry 30 January 2015
The National Automotive Policy 2014 ACHIEVEMENT AND UPDATES
“DRIVING Transformation, POWERING Growth”
01
A collaboration between the Ministry of International Trade and Industry (MITI) and TalentCorp, MY ASEAN Internship aims to increase awareness of ASEAN among youth in Malaysia.
The programme enables Malaysian students in local universities to intern with leading employers at various ASEAN locations, and ASEAN students in Malaysian universities to intern in Malaysia.
MY ASEAN INTERNSHIP
MY ASEAN Internship is aimed at increasing overall awareness on ASEAN among youth in Malaysia and looks to place 100 high-achieving students from Malaysian universities as interns in Malaysian companies with regional operations within ASEAN countries.
Meanwhile, ASEAN youth studying in Malaysian universities will intern in Malaysia.
The programme was first mooted by the Minister of International Trade and Industry YB Dato’ Sri Mustapa Mohamed during the ASEAN Economic Community 2015 Dialogue on 7 August 2014 as a means of broadening perceptions of ASEAN, particularly among Malaysian youth. It was officially announced by the Prime Minister of Malaysia YAB Dato’ Sri Najib Tun Razak at the Business Leaders Dialogue organised by the Economic Planning Unit, the Securities Commission Malaysia (SC) and TalentCorp on 26 August 2014.
The pioneer group of employers participating in this programme comprises 12 leading organisations with business operations in one or more ASEAN countries. They are Air Asia, Axiata, BDO, CIMB, Digi, GE, Maybank, Nestle, Securities Commission Malaysia, Sime Darby, Sunway, and ZICOlaw.
The programme is open to all penultimate or final year Malaysian and ASEAN students in public and private Malaysian universities with a minimum cumulative GPA of 3.0 or equivalent. Additionally, students who have completed their studies within six months are eligible to apply for the programme. Successful applicants will be offered a 10-week internship starting July 2015 at the participating companies’ offices in ASEAN and Malaysia.
To participate in the MY ASEAN Internship, visit Ready4Work.my. Applications open on 10 February 2015.
Source : MITI
MITI Weekly Bulletin / www.miti.gov.my 02
“DRIVING Transformation, POWERING Growth”
Labour Force Market, November 2014
Persons Employed and Unemployment Rate November 2013 - November 2014
MALAYSIA
Note :
Labour Force: Those who are in the 15-64 age group who are either employed or unemployed
Unemployed (‘000) 375.1
(2.7%)
Labour Force (‘000) 14,082.9
2013 2014
13.7 13.5 13.5 13.4 13.4 13.5 13.6 13.6 13.6 13.5 13.7 13.7 13.7 3.3
3.4 3.0 3.3
3.2
3.0 2.9 2.8
2.8 2.7
2.7 2.7
2.7
0 0.5 1 1.5 2 2.5 3 3.5 4
13.25 14.05
Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Persons employed (mil) Unemployment Rate (%)
Source : Department of Statistics, Malaysia
Note: Unemployment rate is the proportion of unemployed population to the total population in labour force
Employed (‘000) 13,707.8
(97.3%)
“DRIVING Transformation, POWERING Growth”
03
Unemployment Rate
November 2014 67.5%
% change 0.3%
November 2014
2.7% November 2013
3.4%
% change 0.7%
Source : Department of Statistics, Malaysia
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015*
Net International
Reserves 59.1 99.4 117.2 109.1 113.6 128.2 168.0 251.7 265.2 290.4 335.7 317.4 331.3 328.6 423.3 427.2 441.9 405.5 388.6 Expressed as
Number of Months
of Retained Imports 3.4 5.7 5.9 4.5 5.1 5.4 6.5 7.9 7.7 7.8 8.4 7.6 9.8 8.5 9.6 9.5 9.6 8.4 8.1
59.1
388.6
3.4
8.1
0 2 4 6 8 10 12
0 100 200 300 400 500
Month
RM Billion
Net International Reserves (1997-2015)
Source : Bank Negara, Malaysia Note: * as at 15 Jan 2015
“DRIVING Transformation, POWERING Growth”
04
Malaysia Economy: Issues and Prospects Federal Goverment Finance
213,370 211,270 225,094 221,112
40,684 41,273
- 50,000 100,000 150,000 200,000 250,000 300,000
2013 2014
RM Million
Revenue Operating Expenditure Development Expenditure (Net)
Note: GDP at Current Prices , 2014: RM1,078,176 mil 2013:RM986,733 mil.
Source : Bank Negara, Malaysia
Overall Surplus/ Deficit of GDP 2013: -3.9%
2014: -3.5%
“DRIVING Transformation, POWERING Growth”
05
Source : MPOB, Bloomberg, Malaysian Rubber Board, MATRADE, DOSM
Source : Department of Statistics, Malaysia and BNM Note: All data reflect 2013 figures
“DRIVING Transformation, POWERING Growth”
06
Source: Bank Negara Malaysia
“DRIVING Transformation, POWERING Growth”
07
“ASEAN and You”
Thailand:
State visit of H.E Joko Widodo President of the Republic of Indonesia
to Malaysia
from 5
th- 7
thFebruary 2015
Indonesia Economic Indicators
Trade with Malaysia, 2005 - Nov. 2014
3,311.9
9,064.9
4,372.0 7,760.6
-1,060.1 1,304.3
-6,000 -1,000 4,000 9,000 14,000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 (Jan-
Nov) Export Import Trade Balance
USD Mil.
National Account Growth Rate GDP
4.9% ( Q3 2014)
External Trade
(Q4 2014)
Exports: US$ 43,586.5 mil.
Imports: US$ 43,804.1 mil.
Total Trade : US$ 87,390.6 mil.
Prices
Inflation Rate 6.96% (Jan 2015)
Financial Account
(Q2 2014) Net Foreign Direct Investment
US$ 6,691.2 mil.
Labour
Unemployment Rate 5.94% (Q2 2014) 1,904,569 km2 Area
735,358 sq mi
Population
Total Population 252,164,800
2014 estimate
Source: Statistics Indonesia, Tradingeconomics ,http://en.wikipedia.org
“DRIVING Transformation, POWERING Growth”
08
Save the Date...
ASEAN-OECD Conference And Meetings On Good Regulatory Practice
The government of Malaysia, as the 2015 Chair of ASEAN together with the Organisation for Economic and Co operation Development (OECD) as its knowledge partner will host three events on 9-12 March 2015 to assist embedding Good Regulatory Practice (GRP) across ASEAN in 2015:
Monday 9 March 2015: ASEAN OECD Centres of Government Meeting (by invitation)
Hosted by the Chief Secretary to the Government of Malaysia, this high level meeting will focus on the role of GRP to drive more responsive public administration. The meeting will bring together the Heads of Public Administrations, Prime Minister’s Offices, Cabinet Secretaries, and Secretaries-General of the Government from across ASEAN and OECD countries.
Tuesday 10 – Wednesday 11 March 2015: ASEAN-OECD GRP
Conference
The conference will provide a high-level platform to initiate a broader agenda on GRP within ASEAN that can support closer intra- and inter-regional connectivity and economic integration. The conference will bring together government officials and regulators from AMS and OECD countries, representatives of business and civil society, academia, regional and international organisations.
Thursday 12 March: ASEAN OECD Good Regulatory Practices Network Meeting (by invitation)
Chaired by Malaysia and New Zealand, this meeting will provide a government-to- government discussion on advancing the GRP agenda nationally as well as regionally. The meeting will bring together senior officials responsible for GRP initiatives in individual AMS, with the support of OECD peers.
More detailed information, including an agenda, invite and registration forms will be forthcoming in early 2015. For further information please contact: 2015GRPConference@oecd.org
“DRIVING Transformation, POWERING Growth”
09
2.6 % GDP
(GDP Q4 2014, Advance Estimate)
Consumer Price Index
Dec 2014 234.8
Inflation Rate Dec 2014
0.76%
Unemployment Rate Dec 2014
5.6%
Producer Price Index
Dec 2014 - 0.3(P)*
USA Economic Indicators
Source: MTI Washington, D.C.
*Note:
Preliminary – All indexes are subject to revision four months after original publication
International Report
“DRIVING Transformation, POWERING Growth”
10
Top 20
Source :eca-international.com
Global liveability index for Asian expatriates
Location
Singapore 1 1 1
2
2 4
3
3 7
4
4 11
4
4 11
6
6 33
7
7 65
8
8 76
9
9 86
10
10 93
11
11 101
12
12 103
13
15 110
14
13 112
14
13 112
16
17 118
16
16 118
18
19 122
19
18 124
20
21 126
Osaka Nagoya Tokyo Yokohama Hong Kong
Taipei Busan Macau Seoul Kaohsiung
Ulsan Shanghai
Bangkok Chiang Mai George Town Kuala Lumpur
Beijing Suzhou Johor Bahru
Ranking of Asian locations
Rank Asia 2015 Rank Asia
2014
World Rank 2015
11
“DRIVING Transformation, POWERING Growth”
Source : http://econ.worldbank.org
0.025 0.026 0.027 0.028 0.029 0.030
0.29 0.30 0.31 0.32 0.33 0.34
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
2014 2015
100 KRW = RM 100 IDR = RM
100 IDR = RM 0.028 100 KRW = RM 0.32
Source : http://www.gold.org/investments/statistics/gold_price_chart/ Source : http://www.hardassetsalliance.com/charts/silver-price/usd/oz
Malaysian Ringgit Exchange Rate with South Korean Won and Indonesian Rupiah
Gold and Silver Prices, 14 November 2014 - 30 January 2015
Aluminum, Nickel and Copper Prices, January 2014 - January 2015
Source : Bank Negara, Malaysia
1,815 5,831 14,849
- 2,500 5,000 7,500 10,000 12,500 15,000 17,500 20,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
2014 2015
US$/mt
Aluminum Copper Nickel
37.6
40.5
36.0 37.0 38.0 39.0 40.0 41.0 42.0 43.0
14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan
US$/Gram Gold
16.3
17.3
14.5 15.0 15.5 16.0 16.5 17.0 17.5 18.0 18.5
14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan
US$/Oz Silver
“DRIVING Transformation, POWERING Growth”
12
Source: Ministry of International Trade and Industry, Malaysia
Notes: The preference giving countries under the GSP scheme are Japan, Switzerland, the Russian Federation, Norway, Leichtenstein and Cambodia.
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)
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)
7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan 18 Jan 25 Jan
AANZFTA 82 43 73 66 80 115 76 86
AIFTA 150 99 123 77 178 110 132 139
AJCEP 100 87 78 50 34 136 75 75
0 20 40 60 80 100 120 140 160 180 200
RM million
7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan 18 Jan 25 Jan
ATIGA 755 590 9,561 2,489 790 561 4,904 546
ACFTA 927 764 852 414 451 306 303 464
AKFTA 875 538 245 137 126 656 166 184
0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000
RM miliion
7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan 18 Jan 25 Jan MICECA 37.51 30.00 60.61 31.94 53.02 44.94 39.93 65.37
MNZFTA 0.40 0.14 0.12 0.07 0.07 0.31 0.09 0.08
MCFTA 37.71 7.43 14.55 9.35 14.10 12.17 24.98 9.42
MAFTA 29.20 24.05 33.37 24.97 47.84 28.88 96.36 42.20 0
20 40 60 80 100 120
RM million
7 Dec 2014 14 Dec 2014 21 Dec 2014 28 Dec 2014 4 Jan 2015 11 Jan 2015 18 Jan 2015 25 Jan 2015
AANZFTA 919 602 879 746 766 819 809 963
AIFTA 601 458 589 416 441 498 584 531
AJCEP 285 191 188 173 134 325 185 170
ATIGA 4,749 3,925 4,731 3,336 4,021 3,967 4,297 3,775
ACFTA 1,664 1,405 1,638 1,336 1,167 1,231 1,429 1,150
AKFTA 741 750 840 633 597 585 629 767
MICECA 274 251 305 223 314 267 266 302
MNZFTA 6 12 11 4 9 10 3 6
MCFTA 89 65 79 42 48 61 74 39
MAFTA 336 328 379 322 341 375 376 417
MJEPA 967 773 713 702 741 948 835 874
MPCEPA 143 151 113 122 124 157 160 160
GSP 122 93 162 136 94 144 112 163
7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan 18 Jan 25 Jan
MJEPA 159 128 125 93 179 145 152 355
MPCEPA 13 42 14 14 11 34 75 20
GSP 14 16 19 17 14 20 17 28
0 50 100 150 200 250 300 350 400
RM million
Value of Preferential Certificates of Origin
Number and Value of Preferential Certificates of Origin (PCOs)
Number of Certificates
“DRIVING Transformation, POWERING Growth”
13
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
Commodity Crude Petroleum (per bbl)
Crude Palm Oil (per MT)
Sugar Raw (per MT)
Rubber SMR 20 (per MT)
Cocoa SMC 2 (per MT)
(per MT)Coal
Scrap Iron HMS**
(per MT)
30 Jan 2015
(US$) 48.2 645.0 331.3 1,384.5 1,958.9 49.9 n.a (high)
n.a (low)
% change* 5.7 5.4 4.1 1.5 5.1 2.3 n.a
n.a
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
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.
Highest and Lowest Prices, 2014/2015
Lowest (US$ per bbl) Highest
(US$ per bbl)
Crude Petroleum (30 January 2015) US$48.2 per bbl
13 June 2014: 107.62014 2014
26 Dec 2014: 54.6 2 Jan 2015: 53.82015 2015
23 Jan 2015: 45.6
Lowest (US$ per MT) Highest
(US$ per MT)
Crude Palm Oil (30 January 2015)
US$645.0 per MT
14 Mar 2014: 982.52014 2014
26 Dec 2014: 664.0 16 Jan 2015: 701.02015 2015
30 Jan 2015: 645.0
Steel Bars
(per MT) RM1,900 - RM2,000
Average Domestic Prices, 9 Jan 2015
Billets
(per MT) RM1,600 - RM1,700
MITI Weekly Bulletin / www.miti.gov.my 14
“DRIVING Transformation, POWERING Growth”
Source : Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group.
Commodity Price Trends
732.0 720.0
716.0 700.5
681.5 669.0
664.0
699.2 696.1 701.0
682.0
645.0
620 640 660 680 700 720 740
14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan
US$/mt
Crude Palm Oil
2,529.0
2,351.72,326.7 2,326.7
2,218.8 2,288.1
2,280.4 2,280.4
2,117.5 2,187.8
2,065.2
1,958.9 1,900
2,000 2,100 2,200 2,300 2,400 2,500 2,600
14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan
US$/mt
Cocoa
76.7
68.7 66.4
59.1 58.1
56.4 54.6
53.8 48.4 48.7 45.6
48.2
40 45 50 55 60 65 70 75 80
14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan
US$/bbl
Crude Petroleum
355.0 355.0 355.0
320.0 320.0 320.0 320.0 320.0 320.0 320.0 330.0
320.0 345.0 345.0 345.0
300.0 300.0 300.0 300.0 300.0 300.0 300.0 320.0
300.0
270 280 290 300 310 320 330 340 350 360 370
24 Oct 31 Oct 7 Nov 14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan
US$/mt
Scrap Iron
Scrap Iron/MT (High) Scrap Iron/MT(Low)
1541.0 1525.0
1,513.0
1,481.0
1,436.5 1,481.0
1,470.5 1,520.5
1,453.0
1,396.5 1,406.0
1,384.5 1,350
1,400 1,450 1,500 1,550 1,600
14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan
US$/mt
Rubber SMR 20
332.5 337.8
314.5
322.0 319.8
314.8 314.0 309.3
301.8 335.3
345.5
331.3
280 290 300 310 320 330 340 350 360
14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan
US$/mt
Raw Sugar
52.0 53.0
53.1 52.8 52.8
51.7 51.8
51.8 53.5
51.6
51.1
49.9
48.0 49.0 50.0 51.0 52.0 53.0 54.0
14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan
US$/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
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
2014 2015
US$/dmtu
Iron Ore
“DRIVING Transformation, POWERING Growth”
15
For each of the playgrounds they design, Pro-Landscape Structure Sdn Bhd needs to see the world from a child’s perspective. Meet Malaysia’s most successful playground builder and designer, Pro-Landscape Structure Sdn Bhd.
This is the company behind all the creative play equipment seen in a majority of parks, commercial and residential areas in the country. In a span of just over 10 years, Pro-Landscape Structure has moved to the top of the market, being the most sought-after builder of playgrounds and play equipment in the country.
DIVERSIFYING THE BUSINESS
The company is always on the lookout for ways to improve and stay ahead of the game, as competition is very keen. One rule of thumb to follow is to always launch new designs and products once in every two years. Time and effort was also invested in rebranding the company, and providing staff with all the necessary training required to maximise their individual potentials.
Other areas that Pro-Landscape Structure works in include outdoor gyms, garden furniture and tensile membranes to name a few. Expansion plans are important as Pro-Landscape Structure is a big believer in ever challenging their existing strengths and standing. Some of the company’s biggest international clients come from countries such as Kuwait, Lebanon, Bangladesh, the Philippines, Thailand and Vietnam.
The company gives all credit to MATRADE for their steady expansion and firm foothold in the global market. MATRADE trade missions and trade fairs immensely helped Pro-Landscape Structure with much needed international exposure and penetration.MATRADE has also allowed the business to have significant presence overseas.
Some of the clients secured from such trade fairs are now long-standing ones - who always return to the company for new offerings and products.“When we go for such trade missions and fairs, we are always on the lookout for agents in each country who can help us with marketing. Of course, there are many bogus agents out there. MATRADE has been providing very sound and reliable counsel for this, and have assisted in all the necessary verification details of these agents for us,” says Faris Abdul Halim,
Managing Director of Pro-Landscape Structure Sdn Bhd.These exhibitions also allow for the company to form new friendships and strong networking bonds.
DESIGNING FOR CHILDREN, A DEEP PASSION Faris found his love for designing a fantasyland for children when he joined the sales team of another company selling play equipment. Though his journey with Pro-Landscape began in the early 2000s, his risk-taking attitude, focus and ambitions were moulded into his character from his university days in Sydney, where he was studying and working for almost ten years. Faris then returned to Malaysia and started to seek employment in the logistics industry. Eventually, he found himself employed with a well-known play equipment company doing sales. As he continued to close deals, it did not take long for Faris to climb the corporate ladder and reach a prominent position in the company. However, reaching a top management position with a fairly reasonable salary was still not satisfying enough for him. It was at this juncture that he decided to resign and start out on his own, thus forming Pro-Landscape Structure Sdn Bhd, one of Malaysia’s most successful playground builders today.
PRO-LANDSCAPE STRUCTURE SDN. BHD.
No. 53, Jalan BRP 8/2, Bukit Rahman Putra Industrial Park,
47000 Sungai Buloh,Selangor . Tel: +603-61403018,Fax: +603-61403027
E-mail: info@prolandscape.com.my
S UCCESS STORY
“DRIVING Transformation, POWERING Growth”
16
MITI Programme
MAJLIS PERHIMPUNAN PERDANA MITI DAN AGENSI 2015
“DRIVING Transformation, POWERING Growth”
17
MALAM MITI 30 January 2015
“DRIVING Transformation, POWERING Growth”
18
NEGATIVE PRELIMINARY DETERMINATION OF AN
ANTI-DUMPING INVESTIGATION WITH REGARDS TO THE IMPORT OF STEEL CONCRETE REINFORCING BAR IN STRAIGHT FORM ORIGINATING OR EXPORTED
FROM THE PEOPLE’S REPUBLIC OF CHINA AND REPUBLIC OF KOREA
The Anti-Dumping duty investigation on imports of Steel Concrete Reinforcing Bar (Rebar) in straight length form into Malaysia was initiated on 2 September 2014 after the Investigating Authority (IA) received a petition from Ann Joo Steel Berhad (the Petitioner) claiming that the imports of Rebar into Malaysia from the People’s Republic of China (PRC) and Republic of Korea (ROK) caused serious injury to the domestic industry.
However, based on paragraph 23(2)(b) of the Countervailing and Anti-Dumping Duties Act 1993, the Government of Malaysia has decided to terminate this investigation. The Government of Malaysia has determined that the termination of the investigation with regard to the imports of Rebar in straight length form, specifically excluding the reinforcing bar in plain rounds form, which is a non- deformed or smooth reinforcing bar in straight length form, equal to or less than 6 meters for non- construction industry usage classified under Harmonized System Code (H.S.Code) 7214.20.210, 7214.20.290, 7214.20.910, 7214.20.990, 7228.10.100, 7228.10.900, 7228.20.100, 7228.20.900, 7228.30.100, 7228.30.900, 7228.40.100, 7228.40.900, 7228.50.100, 7228.50.900, 7228.60.100 dan 7228.60.900 originating in or exported from PRC and ROK (“the subject merchandise”) as follows:
(i) the export price of the subject merchandise is higher than its normal value or at de minimis level; and
(ii) no material injury on the domestic industry in Malaysia producing the like product that can be reasonably linked to the importation of the subject merchandise.
All interested parties may access the notice of negative preliminary determination of the anti- dumping duty investigation of “the subject merchandise” from MITI's website at www.mi
ti.gov.my
Ministry of International Trade and Industry Kuala Lumpur, Malaysia
30 January, 2015
Announcement
Dr. Jane Goodall (born 1934), English primatologist, ethologist, anthropologist and UN Messenger of Peace.
"Change happens by listening and then starting a dialogue with the people who are doing something you don't believe is right."
Quote of the day
“DRIVING Transformation, POWERING Growth”
19
http://www.miti.gov.my/cms_matrix/form.jsp?formId=c1148fbf-c0a81573-3a2f3a2f-1380042c
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.
Name : Julia Inne Azrina Mohammad Designation : Administrative Assistant Job Description : Responsible to implement
various leave records, phone bills , provide a list of Government Mobile Asset (Kew.PA-7) , the punch card and Asset Management System
Division : Information Management Email : juliainne@miti.gov.my Contact No. : 03-62034610
Name : Nur Asma Wanis Jusoh
Designation : Administrative Assistant Job Description : Responsible to arrange
booking meeting rooms, training rooms and book online vehicles , working in the customer service counter BPM , make any reports of damage and administrative work Division : Information Management
Email : asma@miti.gov.my
Contact No. : 03-62034610
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”