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VOLUME 530

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY

Weekly

BULLETIN

9 April 2019 | NO. ISSN : 2180-0448

Media Release

MIMOS and Microsoft’s Artificial Intelligence Centre to Accelerate Malaysia’s Industry 4.0

SEATTLE, UNITED STATES, – In line with Malaysia’s goal to become a high-tech industry destination by 2025, MIMOS, an agency under the Ministry of International Trade & Industry Malaysia; and Microsoft have jointly established an Applied Artificial Intelligence (AI) Centre in Malaysia named “Centre of AI for Future Industry (CAIFI)”. The strategic collaboration signifies the commitment by both parties to accelerate the nation’s shift to Cloud, placing Malaysia on the roadmap to be a digital-first nation as strategized under the National Policy on Industry 4.0.

The partnership between MIMOS and Microsoft was announced by Malaysia’s Minister of International Trade and Industry (MITI), YB Darell Leiking during his visit to the Microsoft Headquarters in Redmond, United States as part of the Ministry’s Trade and Investment Mission.

Congratulating Microsoft and MIMOS on their partnership, YB Darell shared that “Amongst the key learnings from countries that have already embarked on their Industry 4.0 transformation are the need to pay attention and adopt modern technologies into the nation’s digital plan and ecosystem.”

“The Centre will deliver capacity development for rapid response government policy making, and tools required to increase intelligence and leverage on modern technologies such as AI in Malaysia. It is hoped to create a culture of innovation and continuous learning to enhance the adoption of Cloud,” he added.

“We applaud the Government of Malaysia and MITI for the ambitious aspirations with National Policy on Industry 4.0 (Industry4WRD), among which is establishing Malaysia as the main destination for the high-tech industry by 2025”, said Hossein Nowbar, Deputy General Counsel, Microsoft Corporation.

He further added that Malaysia is well placed to play a leading role in the development of AI and other emerging tech and we welcome efforts by the Government to have progressive polices and forward looking regulatory environment.

The Centre will be equipped with Microsoft’s IOT and AI programme, providing access to developmental tools for learning purposes. All workshops, trainings and labs

on AI and Internet of Things (IOT) will be conducted to help train entrepreneurs including SMEs and graduates from the finance and manufacturing industry to leverage on the power of these emerging technologies.

“We stand now at the dawn of a new era, one which is built on the cloud and based on data driven technologies,” said K. Raman, Managing Director of Microsoft Malaysia. “We hope to play our part in setting the trajectory of our nation towards being a leader in innovation as well as technological skills, riming ourselves for Industry 4.0.”

The collaboration between Microsoft and MIMOS is also in line with the recently launched ASEAN Digital Skills Vision 2020, an initiative that pledges to equip 20 million ASEAN workers with digital skills and opportunities in the next two years. As part of its pledge, Microsoft aims to provide 15,000 university students with internship opportunities, deliver digital skills training to 2.2 million SME employees, and to hire 8,500 digital workers by 2020 across ASEAN.

About MIMOS

MIMOS is Malaysia’s national Applied Research and Development Centre. As a strategic agency under the Ministry of International Trade and Industry (MITI), MIMOS contributes to transforming Malaysia’s industry through patentable technology platforms, products and solutions. To learn more about MIMOS, please visit www.mimos.my

About Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

For more information about this news release, please contact:

Laurence Sebastian Assistant Manager MIMOS Berhad

+603 8995 5000 | +601 9236 4938 [email protected]

www.mimos.my Ministry of International Trade and Industry, 5 April 2019

(2)

MITI Weekly Bulletin | www.miti.gov.my

Media Release

MITI Minister Continues to Secure Partnerships in Artificial Intelligence

SEATTLE, UNITED STATES - In the third leg of the trade and investment mission to the United States (US), International Trade and Industry Minister Datuk Darell Leiking met with key companies around Seattle.

Darell met with Microsoft Corporation which further cemented stronger partnership between MIMOS, an agency under MITI and Microsoft through the establishment of “Centre of Artificial Intelligence for Future Industry (CAIFI)”. The Centre complements Malaysia’s National Policy on Industry 4.0. A separate joint media release was issued by MIMOS and Microsoft.

In a networking event with the Pacific Northwest Aerospace Alliance, Darell also met with 18 key players which included Fortune 500 companies in the aerospace industry. Separately, Darell also met with a cloud computing partner in exploring future opportunities for collaboration.

Earlier in New York, Darell was interviewed by Bloomberg Television’s Daybreak Asia and CNN’s Quest Means Business. In addition, Darell also had editorial meetings with the New York Times’ Chief Executive Officer and Ministry of International Trade and Industry, 6 April 2019

Potential Investments Worth Rm6.6 Billion to be Realised from Trade & Investment Mission to the

United States, 1 – 6 April 2019

The Minister of International Trade and Industry, YB Datuk Darell Leiking led a successful Trade and Investment Mission to the United States (US) organised by Malaysian Investment Development Authority (MIDA), Malaysia External Trade Development Corporation (MATRADE) and InvestKL from 1 to 6 April 2019. The mission was able to generate potential investments worth RM6.6 billion, mainly in key projects within the electrical and electronics and chemical industries.

Covering the cities of Washington DC, New York, Seattle and San Jose, YB Minister also held several bilateral discussions with senior US government officials to strengthen trade and economic relationships between the two countries.

A series of high level meetings were also held with potential US investors in the manufacturing and services sectors such as chemical, electrical and electronics and aerospace, while in the services sector include tourism, support services for business aviation and centre of excellence for financial services.

During the mission, YB Minister was also interviewed by several international media agencies. In these interviews, YB Minister expressed that both the US

Wall Street Journal’s Editor-in-Chief, touching on various issues including trade between Malaysia and the US, global economic situation and Malaysia’s view on US-China trade friction.

Separately, Darell also continued his engagements with key companies based in the US and Canada which are in the theme park, aviation and financial services sectors.

In 2018, the US remained as Malaysia’s top trading nation in North America region and Malaysia’s third largest trading partner in the world at RM155.68 billion (USD38.57 billion, 8.3% share of Malaysia’s total trade).

In term of implemented projects, the US remains as the second largest investors in Malaysia in sectors such as electric and electronics, medical devices, renewable energy and aerospace valued at RM74.01 billion (USD21.86 billion). Malaysian companies have successfully ventured in the US in diverse sectors from entertainment and resort, oleo- chemical, industrial packaging, furniture to banking reaching over USD14 billion.

and China have a global responsibility to resolve their differences amicably as their actions will impact all economies and the global supply chain. He also delivered key messages on investment opportunities in Malaysia.

There were also specific discussions on potential investments in data centres, while Microsoft Corporation and MIMOS, an agency under MITI had agreed establish the “Centre of Artificial Intelligence for Future Industry (CAIFI) in Malaysia.

In conjunction with the mission, a seminar “Forging Stronger Economic Relationships between Malaysia and the US” was also organised in San Jose, California which attracted over 150 participants representing the manufacturing and services sectors.

The seminar provided an update on the current economic situation and highlighted investment opportunities and potential business cooperation available in Malaysia.

YB Minister had the opportunity to network with successful Malaysian professionals based in the Silicon Valley as well as witnessed an exchange of Memorandum of Understanding on collaboration and development of professional programmes in the areas of AI, Internet of Things, robotics, blockchain and fintech.

Ministry of International Trade and Industry, 8 April 2019

(3)

MITI Minister Continues to Secure Partnerships in Artificial Intelligence

Malaysia Statistics

Trade Performance, January to February 2019

Total trade dropped by 2.2% in the first two months of 2019 while exports decreased by 0.8% and imports

slipped by 3.8%.

Exports: RM152.0 billion

Imports: RM129.4 billion Total Trade

RM281.4 billion

81.6%

share

RM124.1 billion

Domestic Exports

18.4%

share

RM27.9 billion

Re-exports

51.4% of exports was contributed by:

73.9%

26.1 %

RM60.1

billion Electrical &

Electronic Products

RM9.1

billion Chemicals &

Chemical P r o d u c t s

RM8.9

billion Petroleum Products

Major destinations:

17.4% --> Singapore

14.3% --> Hong Kong

12.4% --> USA

Major destinations:

30.4% --> P.R. China

10.2% --> Indonesia

9.0% --> Thailand

Major destinations:

27.5% --> Singapore

15.9% --> P.R. China

8.8% --> Viet Nam Domestic Exports

Re-exports (RM44.4 billion)

(RM15.7 billion)

87.7%

Domestic Exports

12.3 %

Re-exports

(RM8.0 billion)

(RM1.1 billion)

55.2%

R e - E x p o r t s (RM4.9 billion)

44.8 %

Domestic Exports

(RM4.0 billion)

Source: Department of Statistics, Malaysia

(39.5%) (6.0%) (39.5%)

(4)

MITI Weekly Bulletin | www.miti.gov.my

Malaysia Statistics

Geographical Region Trade Performance, January to February 2019

Exports Imports

Asia 108,233.7 94,511.6

North-East Asia 52,533.9 53,420.8 South-East Asia 43,744.4 31,141.1 South Asia 7,732.6 5,951.2

West Asia 4,126.7 3,986.2

Central Asia 96.1 12.2

Exports Imports

Africa 3,116.4 1,891.8

Western Africa 1,050.6 701.1

Eastern Africa 812.5 607.3

Northern Africa 569.3 333.5

Southern Africa 407.7 137.5

Central Africa 276.3 112.4

North America Exports

14,826.9 Imports 10,624.7

Exports Imports

Latin America 2,726.7 3,777.7

Central America 1,544.8 3,407.7

South America 1,110.3 258.6

Caribbean 71.6 111.5

Exports Imports

Europe 17,403.4 14,669.0

Western Europe 15,176.0 12,866.3 Eastern Europe 2,227.5 1,802.6

Oceania Exports

5,671.9 Imports 3,929.9

Source: Department of Statistics, Malaysia

* Value in RM million

Europe Asia

Africa

Oceania South America

North America

(5)

Geographical Region Trade Performance, January to February 2019

Exports Imports

Asia 108,233.7 94,511.6

North-East Asia 52,533.9 53,420.8 South-East Asia 43,744.4 31,141.1 South Asia 7,732.6 5,951.2

West Asia 4,126.7 3,986.2

Central Asia 96.1 12.2

International Statistics

Papua New Guinea Economic Indicators 2017

8.3 million

P o p u l a t i o n

2.0% annual

G r o w t h r a t e

20.6%

Employment in Agriculture

7 . 6 %

Employment in Industry

71.8%

Employment in Services

US$19.8 billion

GDP at constant prices

2.2% annual

G r o w t h r a t e

US$-0.2

b i l l i o n F D I

F l o w Inward

US$4.4

b i l l i o n

F D I Stock Inward F D I S t o c k Outward

US$0.5

b i l l i o n

U S $ 1 . 3

b i l l i o n Commercial S e r v i c e s I m p o r t s

U S $ 0 . 2

b i l l i o n Commercial S e r v i c e s E x p o r t s

US$3.6

b i l l i o n Merchandise G o o d s I m p o r t s

US$8.2

b i l l i o n Merchandise G o o d s E x p o r t s

Malaysia's Trade with Papua New Guinea 2008 - 2018

Source: Department of Statistics, Malaysia Source: www.statistics.apec.org

and YOU...

0.5 0.5 0.7 1.8 2.1 1.7 1.4 1.4 1.4 1.4 1.8

0.4 0.4 0.4 0.6 0.4 0.3 0.3 0.5 0.7 0.9 0.6

0.9 0.8 1.1

2.4 2.5

2.1

1.7 1.9 2.1

2.4 2.5

0.0 0.5 1.0 1.5 2.0 2.5 3.0

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

RM billio n

Exports Imports Total Trade

(6)

MITI Weekly Bulletin | www.miti.gov.my

Number and Value of Preferential Certificates of Origin (PCOs)

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

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

0 20 40 60 80 100 120 140

0 50 100 150 200 250 300 350

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

Generalised System of Preferences (GSP)

Total FOB (RM mil.) Total CO 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

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

ASEAN Trade in Goods Agreement (ATIGA)

Total FOB (RM mil.) Total CO

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

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

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

ASEAN-China Free Trade Agreement (ACFTA)

Total FOB (RM mil.) Total CO

0 200 400 600 800 1,000 1,200

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

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

ASEAN-Korea Free Trade Agreement (AKFTA)

Total FOB (RM mil.) Total CO

0 50 100 150 200 250 300 350

0 20 40 60 80 100 120 140

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

ASEAN-Japan Comprehensive Economic Partnership (AJCEP)

Total FOB (RM mil.) Total CO

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

0 50 100 150 200 250 300 350 400 450

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

ASEAN-India Free Trade Agreement (AIFTA)

Total FOB (RM mil.) Total CO

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

0 20 40 60 80 100 120 140 160

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

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

Total FOB (RM mil.) Total CO

(7)

Number and Value of Preferential Certificates of Origin (PCOs)

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

0 200 400 600 800 1,000 1,200

0 100 200 300 400 500 600 700 800

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

Malaysia-Japan Economic Partnership Agreement (MJEPA)

Total FOB (RM mil.) Total CO

0 50 100 150 200 250 300

0 20 40 60 80 100 120

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)

Total FOB (RM mil.) Total CO

0 2 4 6 8 10 12 14 16

0.00 0.20 0.40 0.60 0.80 1.00 1.20

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

Malaysia-New Zealand Free Trade Agreement (MNZFTA)

Total FOB (RM mil.) Total CO

0 20 40 60 80 100 120

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

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

Malaysia-Chile Free Trade Agreement (MCFTA)

Total FOB (RM mil.) Total CO

0 100 200 300 400 500 600

0 50 100 150 200 250 300 350 400 450 500

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)

Total FOB (RM mil.) Total CO

0 100 200 300 400 500 600

0 20 40 60 80 100 120 140 160

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

Malaysia-Australia Free Trade Agreement (MAFTA)

Total FOB (RM mil.) Total CO

0 50 100 150 200 250 300 350

0 50 100 150 200 250 300

13 Jan 20 Jan 27 Jan 3 Feb 10 Feb 17 Feb 24 Feb 3 Mar 10 Mar 17 Mar 24 Mar 31 Mar No. of Certificate of Origin

RM mil.

Malaysia-Turkey Free Trade Agreement (MTFTA)

Total FOB (RM mil.) Total CO

(8)

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

Source : Bank Negara Malaysia

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

US Dollar

Euro

South Korean Won

Pound Sterling

Australian Dollar

Brunei Dollar

3.9578

3.8862

4.1867

4.0746

4.0790

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

2018 2019

RM

USD 1 = RM

4.8189 4.8325

4.6124

4.50 4.55 4.60 4.65 4.70 4.75 4.80 4.85

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

2018 2019

RM

EUR 1 = RM

0.3712 0.3719

0.3606

0.35 0.36 0.36 0.36 0.36 0.36 0.37 0.37 0.37 0.37 0.37

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

2018 2019

RM

KRW 100 = RM

5.4557 5.4755

5.2686

5.3774

5.15 5.20 5.25 5.30 5.35 5.40 5.45 5.50

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

2018 2019

RM

GBP 1 = RM

3.1427

2.8884

2.75 2.80 2.85 2.90 2.95 3.00 3.05 3.10 3.15 3.20

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

2018 2019

RM

AUD 1 = RM

2.9736

2.9452

3.0453

3.0125

2.88 2.90 2.92 2.94 2.96 2.98 3.00 3.02 3.04 3.06

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

2018 2019

RM

BND 1 = RM

(9)

Commodity Prices

US$380.0 %*

(high)

5 Apr 2019 %*

US$350.0 (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.

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-

2.9%*

US$70.3

5 Apr 2019

CRUDE PALM OIL -per MT-

1.5 %*

US$518.0

5 Apr 2019

3.7%*

US$1,499.0

COCOA SMC 2 -per MT-

4.1%*

US$1,690.3

3.0%*

US$65.1

SUGAR -per lbs-

1.8%*

US¢12.8

SCRAP IRON HMS -per MT-

5 Oct 2018 : US$84.2

Highest

2018/2019

5 Apr 2019 : US$70.3

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

4 Jan 2019 : US$503.8 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 5 April 2019

Steel Bars

(per MT)

RM2,160– RM2,310

Billets

(per MT) RM2,000 - RM2,100

5 Apr 2019 5 Apr 2019 5 Apr 2019

5 Apr 2019

(10)

MITI Weekly Bulletin | www.miti.gov.my

Commodity Prices 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.

1,561.0

1,523.2

1,473.51,479.4

1,599.1

1,665.6 1,657.3

1,594.4

1,491.3 1,539.2

1,623.4 1,690.3

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

18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar 5 Apr

US$/mt

Cocoa

2,275

2,264 2,290

2,300

2,295 2,294

2,299

2,288

2,289 2,306

2,295 2,294

2,260.0 2,265.0 2,270.0 2,275.0 2,280.0 2,285.0 2,290.0 2,295.0 2,300.0 2,305.0 2,310.0

18Jan 25 Jan 31 Jan 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar 5 Apr

US$/mt

Pepper

1,343.0 1,341.0

1,335.5

1,319.0 1,353.0

1,428.0 1,493.5

1,452.0 1,475.0

1,491.5

1,445.0 1,499.0

1,300 1,320 1,340 1,360 1,380 1,400 1,420 1,440 1,460 1,480 1,500

18 Jan 25 Jan 31 Jan 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar 5 Apr

US$/mt

Rubber SMR 20

53.8 53.7 55.3

52.7 55.6

57.3

55.8 56.1

58.5 59.0 60.1 63.1 62.7 61.6 62.8 62.1

66.3 67.1

65.1 65.7 67.2 67.0 68.4 70.3

40 45 50 55 60 65 70 75

18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar 5 Apr

US$/bbl

Crude Petroleum

Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl 530.5

532.0 529.0

542.0 551.5

567.0

566.5

549.0 543.0

526.5 526.0

518.0

500 510 520 530 540 550 560 570 580

18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar 5 Apr

US$/mt

Crude Palm Oil

13.0

12.4

12.6 12.7

13.0 13.3

12.6

12.2

12.5 12.6 12.5 12.8

12.1 12.3 12.5 12.7 12.9 13.1 13.3 13.5

18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar 5 Apr

US¢/lbs

Sugar

(11)

Commodity Prices Trends

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.

15.4 15.7

15.9 15.8

15.7 16.0

15.3 15.3

15.3 15.4

15.1 15.1 15.0

15.2 15.4 15.6 15.8 16.0 16.2

18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar 5 Apr

US$/oz

Silver

41.3 41.3

42.5

42.1 42.3

42.7

42.2

41.7 41.9

42.2

41.7

41.4

41.0 41.2 41.4 41.6 41.8 42.0 42.2 42.4 42.6 42.8

18 Jan 25 Jan 31 Jan 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar 5 Apr

US$/oz

Gold

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

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

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

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

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

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

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

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

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

2018 2019

US$/ tonne

Nickel

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

60.0 65.0 70.0 75.0 80.0 85.0 90.0 95.0

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

2018 2019

US$/dmtu

Iron Ore

802.1 818.3

826.7

802.5 806.9 845.9

863.7

817.6 831.8

848.4 854.1

905.4

790.0 810.0 830.0 850.0 870.0 890.0 910.0

18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar 5 Apr

US$/oz

Platinum

340.0 330.0 330.0

300.0 300.0 300.0 330.0

380.0 380.0 380.0 380.0 380.0 380.0 380.0

310.0 300.0

310.0

290.0 290.0 290.0 310.0

350.0 350.0 350.0 350.0 350.0 350.0 350.0

250 270 290 310 330 350 370 390 410

4 Jan 11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar22 Mar29 Mar 5 Apr

US$/mt

Scrap Iron Scrap Iron/MT (High) Scrap Iron/MT(Low) 76.3 76.6 76.3

75.1 73.8

71.6 70.6

69.1 69.1

65.1 67.1

65.1

62.0 63.0 64.0 65.0 66.0 67.0 68.0 69.0 70.0 71.0 72.0 73.0 74.0 75.0 76.0 77.0 78.0

18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 Mar 8 Mar 15 Mar 22 Mar 29 Mar 5 Apr

US$/t

Coal

(12)

MITI Weekly Bulletin | www.miti.gov.my

MITI PROGRAMMES

MITI Minister led the US Trade & Investment mission

from 1 to 6 April 2019

(13)

MITI PROGRAMMES

MITI Minister attended US-ASEAN Business Council and US Chamber of Commerce Lunch & Roundtable

1 April 2019

(14)

MITI Weekly Bulletin | www.miti.gov.my

MITI PROGRAMMES

MITI Minister met United States Trade Representatives

2 April 2019

(15)

MITI PROGRAMMES

MITI Deputy Minister visited the Centre of 9 Pillars at MTDC

2 April 2019

(16)

MITI Weekly Bulletin | www.miti.gov.my

Escherichia Coli (E. coli)

Bacilliform (rod shaped) bacterium living in the intestinal tracts of humans and other warm-blooded animals. Its presence in water indicates faecal pollution. There is a maximum number of coliforms (coli number) above which water is no longer suitable for drinking or bathing.

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

Establishment

An establishment is an enterprise, or part of an enterprise, that is situated in a single location and in which only a single (non-ancillary) productive activity is carried out or in which the principal productive activity accounts for most of the value added.

Source : National Accounts Source Detail : Gross Domestics Product (GDP), DOSM

Establishment Involved in Exports

Refers to manufacturing establishment who reported percentage of exports based on sales value.

Source : Manufacturing Source Detail : Economic Census, DOSM

Estimation Procedures

The combined ratio estimated method (sample weight and population factor) was used to obtain the

estimate of a specific characteristic in the survey population. Population factor uses mid-year population

estimates by age group, sex, ethnic and state as benchmarks

Source : Labour Force and Social Statistics Source Detail : Labour Force Survey Report, DOSM

Evapotranspiration

Combined loss of water by evaporation from the soil or surface water and transpiration from plants and animals.

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

Ex-Mining Culture System

System of fish culture on any land in respect of which a mining lease or certificate were once but no

longer granted or issued under any written law relating to mining.

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

Ex-Situ Conservation

To maintain species outside their original habitats in facilities such as zoological gardens, arboreta, botanical and herbs parks.

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

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