PDF 26 January 2021 - Ministry of International Trade and Industry

(1)

Weekly

Weekly BULLETIN BULLETIN

VOLUME 622 VOLUME 622

26 January 2021 | NO. ISSN :2180-0448 26 January 2021 | NO. ISSN :2180-0448

MEDIA RELEASE

Today marks the first year the nation has been battling the COVID-19 pandemic, unprecedented in terms of its global impact on both public health and the economy. In the face of seemingly insurmountable challenges, Malaysia has been able to remain resilient, thanks to our robust public health system and sound economic fundamentals.

Nevertheless, with the onset of the third wave of the outbreak, our healthcare system has been subjected to even greater pressure, testing our capability and capacity to the limit.

When the Movement Control Order (MCO) was first introduced in March last year, the overarching priority was to strike a balance between protecting lives and livelihoods. The imperative of protecting public health has always remained paramount in as much as it is crucial that the economic well-being of the people is safeguarded.

With this principle in mind, the Ministry of International Trade and Industry (MITI) together with other economic agencies were tasked to formulate strategies to minimise the impact to our battered economy. MITI was entrusted to coordinate the list of essential economic activities that were allowed to operate. This proved to be a major challenge on account of the fact that the economic value chain is deeply interlinked and highly complex. As Malaysia is an important player in the global supply chain, it was incumbent on us to ensure minimal disruption to the supplies of essential products such as rubber gloves, PPE, parts and components for medical devices. Above all, the Government has to ensure that the people’s livelihoods are secured.

Regular engagements were conducted with all stakeholders including Industry Associations and Chambers of Commerce on how best the Government could collaborate with the private sector in restarting, reviving and revitalising the economy.

It bears repeating that in our efforts at fighting this pandemic, a host of unintended economic consequences were unleashed, not the least of which is the debilitating impact on the country’s Gross Domestic Product (GDP). Thus, in the second quarter of 2020, Malaysia’s GDP suffered its worst ever decline in our history, namely, a contraction to -17.1 per cent. Consequently, the Government took the initiative to pump in a massive RM320 billion of stimulus packages not just to mitigate the adverse economic impact on the rakyat but also to jumpstart and revitalize the entire economy.

By the third quarter of 2020, we managed to bring down the decline in growth to -2.7 per cent. While this definitely manifests the effectiveness of the stimulus packages, it should be borne in mind that it would still take at least another quarter, if not more, before the economy could see actual positive growth. This underscores the fact that despite the best efforts at economic recovery, it would take an extended period of time before the economy can actually pick up to show positive growth after the lifting of the MCO. Hence, the notion that the economy can revive instantaneously

GOING FORWARD IN OUR APPROACH TO OVERCOME THE GOING FORWARD IN OUR APPROACH TO OVERCOME THE

IMPACT OF THE COVID-19 PANDEMIC

(2)

Media R elease

IMPACT OF THE COVID-19 PANDEMIC

IMPACT OF THE COVID-19 PANDEMIC (cont'd) (cont'd)

after a lockdown has been lifted has no real basis. The fact of the matter is that the economy does not run on a ‘switch off-switch on’ mode.

In this regard, recent calls to re-impose total lockdown in order to deal with the massive spikes in number of infections attendant on this third wave must be viewed along with other suggestions concerning alternative strategies and options. For instance, the Government could consider tightening the Standard Operating Procedures (SOPs) to prevent outbreaks at ignition sites and introducing clear guidance on geospatial planning such as quantifying indoor settings at any given time. Additionally, we could step up targetted testing as well as regulate the costs of RTK-Antigen test kits to make COVID-19 testing more affordable and on a larger scale, particularly for industries.

It has also been suggested that SOPs for social events can be tightened while a full ban on inter-state travel should be imposed for the interim. In any event, the call is for businesses to open on the condition precedent of full compliance with stricter SOPs. It cannot be over emphasised that at the end of the day, community engagement and empowerment remains key. This is because the pandemic starts and spreads in communities and the solutions are within the communities themselves through their behaviour, adaptation and compliance.

It is important to note that apart from the toll on health and the economy, COVID-19 has a direct impact on the people. One loss in income affects the whole household. In practical terms, the loss of income for one breadwinner may well adversely affect the livelihoods of at least 4 persons in a family.

MITI acknowledges the strong support and collaboration by industry stakeholders and the rakyat towards ensuring economic recovery and sustainability during the COVID-19 pandemic. Public-Private-Rakyat synergy is an invaluable value proposition for nation building and should be embraced by all.

Throughout 2020, the security and medical frontliners particularly from the Ministry of Health have demonstrated their commitment, dedication and tireless efforts to contain the spread of the pandemic. We owe them a tremendous and invaluable debt.

DATO’ SERI MOHAMED AZMIN ALI Ministry of International Trade and Industry Friday, 22 January 2020

(3)

Mala ysia Sta tistics

Consumer Price Index (CPI) declined 1.4 per cent in December 2020 to 120.6 as against 122.3 in the same month of the preceding year. The decrease in the overall index was attributed by the decline in Transport (-8.4%); Housing, Water, Electricity, Gas & Other Fuels (-3.3%); Clothing

& Footwear (-0.4%); Restaurants & Hotels (-0.2%) and Furnishings,

Household Equipment & Routine Household Maintenance (-0.1%) which

contributed 48.6 per cent to overall weight.

(4)

MITI WEEKLY BULLETTIN

4

Mala ysia Sta tistics

month growth, the sales value went up by 0.6 per cent (RM0.8 billion) while in a

LEADING INDEX, NOV 2020 LEADING INDEX, NOV 2020

Malaysia’s LI for November 2020 registered 109.1 points, rose 7.1 per cent from November 2019 following 6.3 per cent in October 2020.

Bursa Malaysia Industrial Index which remained to prop up significantly in the reference month was mainly fuelled by the Health Care Index.

The trend is in line with the monthly change of LI which posted a growth

of 0.4 per cent in November 2020 as against negative 0.7 per cent

in the previous month. The gain was primarily contributed by Real

Imports of Semi Conductors (0.5%) driven by the encouraging demand

of electronic integrated circuit.

(5)

Interna tional R e por t

Source: UNCTAD Investment Trade Monitor Jan 2021 www.unctad.org

According to UNCTAD Investment Trends Monitor Report, global foreign direct investment (FDI) collapsed in 2020, falling 42% from $1.5 trillion in 2019 to an estimated $859 billion. Such a low level was last seen in the 1990s and is more than 30% below the investment trough that followed the 2008-2009 global financial crisis.

Despite projections for the global economy to recover in 2021 – albeit hesitant and uneven – UNCTAD expects FDI flows to remain weak due to uncertainty over the evolution of the COVID-19 pandemic. The organization had projected a 5-10% FDI slide in 2021 in last year’s World Investment Report.

Developed countries hardest hit

According to the report, the decline in FDI was concentrated in developed countries, where flows plummeted by 69% to an estimated $229 billion.

Flows to North America declined by 46% to $166 billion, with cross-border mergers and acquisitions (M&As) dropping by 43%. Announced greenfield investment projects also fell by 29% and project finance deals tumbled by 2%.

The United States recorded a 49% drop in FDI, falling to an estimated $134 billion.

The decline took place in wholesale trade, financial services and manufacturing. Cross- border M&A sales of US assets to foreign investors fell by 41%, mostly in the primary sector.

On the other side of the Atlantic Ocean, investment to Europe dried up. Flows fell by two-thirds to -$4 billion. In the United Kingdom, FDI fell to zero, and declines were recorded in other major recipients.

But Europe’s overall FDI performance masks a few regional bright spots. Sweden, for example, saw flows double from $12 billion to $29 billion. FDI to Spain also rose 52%, thanks to several acquisitions, such as private equities from the United States Cinven,

FDI INFLOWS : GLOBAL & BY GROUP OF ECONOMIES, 2007 - 2020 (USD BILLION) FDI INFLOWS : GLOBAL & BY GROUP OF ECONOMIES, 2007 - 2020 (USD BILLION)

(6)

Interna tional R e por t

KKR and Providence acquiring 86% of Masmovil.

Among other developed economies, flows to Australia fell (-46% to $22 billion) but increased for Israel (from $18 billion to $26 billion) and Japan (from $15 billion to $17 billion).

Developing economies account for record share of FDI

Although FDI flows to developing economies decreased by 12% to an estimated $616 billion, they accounted for 72% of global FDI – the highest share on record.

The fall was highly uneven across developing regions: -37% in Latin America and the Caribbean, -18% in Africa and -4% in developing countries in Asia. FDI to transition economies declined by 77% to $13 billion.

While developing countries in Asia weathered the storm well as a group, attracting an estimated $476 billion in FDI in 2020, flows to members of the Association of Southeast Asian Nations (ASEAN) contracted by 31% to $107 billion, due to a decline in investment to the largest recipients in the subregion.

In terms of individual nations, China was the world’s largest FDI recipient, with flows to the Asian giant rising by 4% to $163 billion.

High-tech industries saw an increase of 11% in 2020, and cross-border M&As rose by 54%, mostly in ICT and pharmaceutical industries. India, another major emerging economy, also recorded positive growth (13%), boosted by investments in the digital sector.

FDI INFLOWS BY REGION 2019 & 2020 (USD BILLION) FDI INFLOWS BY REGION 2019 & 2020 (USD BILLION)

Source: UNCTAD Investment Trade Monitor Jan 2021 www.unctad.org

(7)

Interna tional Mer chandise T rade

In 2019, Malaysia’s export of Machinery for the extraction or preparation of animal or fixed vegetable fats or oils (other than centrifuges, filters and heating appliances) recorded US$176.17 million which was 22.8% share of the world exports.

OR PREPARATION OF ANIMAL OR FIXED VEGETABLE FATS OR OILS

(OTHER THAN CENTRIFUGES, FILTERS AND HEATING APPLIANCES)

(8)

Weekly / Monthly/ Annually

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000

41 42 43 44 45 46 47 48 49 50 51 52 1 2 3

2020 2021

Total No of CO

TOTAL BILATERAL TOTAL REGIONAL

0.0 2,000.0 4,000.0 6,000.0 8,000.0 10,000.0 12,000.0

41 42 43 44 45 46 47 48 49 50 51 52 1 2 3

2020 2021

RM mil.

Total FOB (RM mil)

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

2012 2013 2014 2015 2016 2017 2018 2019 2020

Total No of CO

0.0 50,000.0 100,000.0 150,000.0 200,000.0 250,000.0 300,000.0 350,000.0 400,000.0

Jan Feb Mar Apr May June Jul Aug Sep Oct Nov Dec 2020

RM mil.

TOTAL BILATERAL TOTAL REGIONAL 0

10,000 20,000 30,000 40,000 50,000 60,000

Jan Feb Mar Apr May June Jul Aug Sep Oct Nov Dec 2020

Total No of CO

0.0 100,000.0 200,000.0 300,000.0 400,000.0 500,000.0 600,000.0

2012 2013 2014 2015 2016 2017 2018 2019 2020

RM mil.

Weekly

Annually Monthly

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

(9)

Number and Value of Preferential Certificates of Origin (PCOs)

0 5 10 15 20 25 30 35 40 45 50

0 2 4 6 8 10 12 14 16 18 20

1 Nov 8 Nov 15 Nov 22 Nov 29 Nov 6 Dec 13 Dec 20 Dec 27 Dec 03 Jan 10 Jan 17 Jan

2020 2021

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, Norway and Cambodia

0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000

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

2020 2021

RM mil.

ASEAN Trade in Goods Agreement (ATIGA)

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

0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000

2020 2021

RM mil.

ASEAN-China Free Trade Agreement (ACFTA)

0 100 200 300 400 500 600 700 800 900

0 100 200 300 400 500 600 700 800

2020 2021

RM mil.

ASEAN-Korea Free Trade Agreement (AKFTA)

0 50 100 150 200 250 300 350

0 20 40 60 80 100 120 140

2020 2021

RM mil.

ASEAN-Japan Comprehensive Economic Partnership (AJCEP)

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

0 100 200 300 400 500 600

2020 2021

RM mil.

ASEAN-India Free Trade Agreement (AIFTA)

0 200 400 600 800 1,000 1,200

0 20 40 60 80 100 120 140

2020 2021

RM mil.

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

-1 0 1 2 3 4 5 6 7 8 9

0 0 0 1 1 1 1 1 2

2020 2021

RM mil.

ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA)

(10)

Number and Value of Preferential Certificates of Origin (PCOs)

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

0 50 100 150 200 250

2020 2021

RM mil.

Malaysia-Japan Economic Partnership Agreement (MJEPA)

0 50 100 150 200 250

0 20 40 60 80 100 120 140

2020 2021

RM mil.

Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)

0 5 10 15 20 25

0.00 0.05 0.10 0.15 0.20 0.25 0.30 0.35 0.40 0.45

2020 2021

RM mil.

Malaysia-New Zealand Free Trade Agreement (MNZFTA)

0 10 20 30 40 50 60 70 80 90

0 5 10 15 20 25 30 35 40 45 50

2020 2021

RM mil.

Malaysia-Chile Free Trade Agreement (MCFTA)

0 50 100 150 200 250 300 350 400 450

0 10 20 30 40 50 60 70 80

2020 2021

RM mil.

Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)

0 100 200 300 400 500 600

2020 2021

RM mil.

Malaysia-Australia Free Trade Agreement (MAFTA)

0 50 100 150 200 250 300 350 400 450

0 100 200 300 400 500 600

2020 2021

RM mil.

Malaysia-Turkey Free Trade Agreement (MTFTA)

(11)

January 2019 - December 2020

Source : Bank Negara Malaysia

US Dollar

Canadian Dollar

New Zealand Dollar

Swiss Franc

Saudi Riyal

Myanmar Kyat

4.1161

4.3553

4.0573 4.01

4.06 4.11 4.16 4.21 4.26 4.31 4.36

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

2019 2020

RM

USD 1 = RM

3.0917

3.1725

3.1656

3.04 3.06 3.08 3.10 3.12 3.14 3.16 3.18 3.20

2019 2020

RM

CAD 1 = RM

2.7905

2.5978

2.8758

2.50 2.55 2.60 2.65 2.70 2.75 2.80 2.85 2.90

2019 2020

RM

NZD 1 = RM

4.1648

4.0662

4.5998

4.5641

4.00 4.10 4.20 4.30 4.40 4.50 4.60 4.70

2019 2020

RM

CHF 1 = RM

109.7353

115.8349

108.1647 108.0

109.0 110.0 111.0 112.0 113.0 114.0 115.0 116.0 117.0

2019 2020

RM

SAR 100 = RM

0.2696 0.2669

0.3220

0.3041

0.265 0.275 0.285 0.295 0.305 0.315 0.325

2019 2020

RM

MMK 100 = RM

(12)

1.6%*

US$67.5

SUGAR -per lbs-

3.5%*

US$15.9

2.4%*

US$1,573.5

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

%*

US$460.0 (low) US$480.0

%*

(high)

22 Jan 2021

6.2%*

US$1,500.3 RUBBER SMR 20 -per MT- COCOA SMC 2 -per MT-

COAL -per MT- SCRAP IRON HMS -per MT-

Average Price 2020 ⁱ: US$1,333.4 Average Price 2020 ⁱ: US$1,576.6 Average Price 2020 ⁱ: US¢12.9

Average Price 2020 ⁱ: US$307.9 (high) Average Price 2020 ⁱ: US$284.7 (low) Average Price 2020 ⁱ: US$47.7

Domestic Prices

22 Jan 2021

Steel Bars

(per MT)

RM2,650 – RM2,750

Billets

(per MT) RM2,500- RM2,550

22 Jan 2021 22 Jan 2021 22 Jan 2021

22 Jan 2021

0.6%*

US$55.4

CRUDE PETROLEUM (BRENT) -per bbl-

22 Jan 2021

CRUDE PALM OIL -per MT-

4.0%*

US$882.7

22 Jan 2021

03 Jan 2020 : US$68.6

Highest

2020/2021

08 Jan 2021 : US$56.0

15 Jan 2021 : US$55.1 24 Apr 2020 : US$21.4

Lowest 2020/2021

24 Dec 2020 : US$944.2

Highest

2020/2021

8 Jan 2021 : US$985.7

15 Jan 2021 : US$919.2 8 May 2020 : US$473.0

Lowest 2020/2021 Average Price 2020 ⁱ: US$43.5 Average Price 2020ⁱ: US$668.3

(13)

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.

1,424.1 1,428.1 1,601.3

1,632.9

1,513.3

1,479.8

1,424.1

1,440.2 1,443.9

1,413.7 1,412.5 1,500.3

1,350 1,400 1,450 1,500 1,550 1,600 1,650

6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan 22 Jan

2020 2021

US$/mt

Cocoa

1,551.5 1,572.0 1,566.0 1,662.5

1,615.5

1,553.0 1,603.0

1,527.0

1,474.0

1,604.0 1,613.0

1,573.5

1,390 1,440 1,490 1,540 1,590 1,640 1,690 1,740 1,790

2020 2021

US$/mt

Rubber SMR 20

37.1 40.1

42.2

45.5 46.3 46.6

49.1 48.2 48.5

52.2 52.4 52.3

39.5 42.8

45.0

48.2 49.3 50.0 52.3

51.3 51.8 56.0

55.1 55.4

30 35 40 45 50 55 60

2020 2021

US$/bbl

Crude Petroleum

Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl 14.7

15.0 15.2

14.8

14.4 14.4 14.4 14.9

15.5 15.6 16.5

15.9

14.0 14.5 15.0 15.5 16.0 16.5 17.0

2020 2021

US¢/lbs

Sugar

826.5 847.1

859.7

844.1 886.1

903.8 903.7

944.2 943.0 985.7

919.2

882.7

700 750 800 850 900 950 1,000 1,050

2020 2021

US$/mt

Crude Palm Oil

2,122 2,129

2,135 2,156

2,166

2,304 2,310 2,320

2,162 2,331 2,377

2,456 2,458

2,000.0 2,050.0 2,100.0 2,150.0 2,200.0 2,250.0 2,300.0 2,350.0 2,400.0 2,450.0 2,500.0

30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec 11 Dec 18 Dec 24 Dec 31 Dec 8 Jan 15 Jan 22 Jan

2020 2021

US$/mt

Pepper

(14)

25.7

24.8 24.4

22.6 24.3

24.1

26.0 25.9

26.4

24.6 24.9

25.6

22.0 22.5 23.0 23.5 24.0 24.5 25.0 25.5 26.0 26.5 27.0

2020 2021

US$/oz

Silver

62.4

60.8

60.3

57.2 59.3 59.2

60.4 60.3

60.7

59.9

59.1 59.6

56.0 57.0 58.0 59.0 60.0 61.0 62.0 63.0

2020 2021

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.

2,026 2,030 1,939 1,920 1,854 1,863 1,871

1,845 1,781 1,756 1,797 1,741 1,754 1,726 1,775 1,771 1,773 1,688 1,611 1,460 1,466

1,569 1,644 1,737 1,744

1,806 1,935 2,

015

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

Sep Oct Nov Dec

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

2018 2019 2020

US$/ tonne

Aluminium

6,051 6,

220 6,196 6,075 5,939 6,300 6,439 6,438 6,018 5,882 5,941 5,709 5,759 5,757 5,860 6,077 6,031 5,688 5,183 5,058 5,240 5,755 6,372 6,499 6,705 6,714 7,069 7,772

4,000 4,500 5,000 5,500 6,000 6,500 7,000 7,500 8,000

Sep Oct

Nov Dec

Jan Feb Mar Apr May Jun Jul Aug Sep Oct

Nov Dec

Jan Feb Mar Apr May Jun Jul Aug Sep Oct

Nov Dec

2018 2019 2020

US$/ tonne

Copper

12,510 12,315 11,240 10,

835 11,

523 12,685 13,026 12,773 12,016 11,944 13,546 15,749 17,657 17,046 15,172 13,829 13,507 12,716 11,846 11,804 12,180 12,

727 13,

402 14,538 14,857 15,239 15,

808 16,823

7,000 9,000 11,000 13,000 15,000 17,000 19,000

Sep Oct Nov Dec

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

2018 2019 2020

US$/ tonne

Nickel

Commodity Price Trends

68.44 73.41 73.26 69.15 76.16 88.22 86.47 93.

70 100.

15 108.94 120.24 93.07 93.08 88.53 84.98 92.65 95.76 87.68 88.99 84.73 93.65 103.30 108.52 121.07 123.75 119.78 124.36 155.43

50.0 70.0 90.0 110.0 130.0 150.0 170.0

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

2018 2019 2020

US$/dmtu

Iron Ore

899.4 896.0

957.2 964.8 1,072.8

1,021.8 1,043.1

1,028.9

1,079.2 1,071.3 1,089.9 1,111.6

800.0 850.0 900.0 950.0 1,000.0 1,050.0 1,100.0 1,150.0

2020 2021

US$/oz

Platinum

320.0 350.0 360.0

390.0 390.0 390.0 430.0 430.0

495.0 495.0 480.0 480.0

300.0 325.0 330.0

350.0 350.0 350.0 400.0 400.0

475.0 475.0 460.0 460.0

270 320 370 420 470 520

2020 2021

US$/mt

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

50.8 50.8 50.8 50.8 50.8

65.0 66.0 66.1

69.0 68.5 68.6 67.5

47 52 57 62 67 72

2020 2021

US$/t

Coal

(15)

For more information, kindly click the following links:

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

ALL Y OU NEED T O KNO W ...

(16)

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

ALL Y OU NEED T O KNO W ...

(17)

ALL Y OU NEED T O KNO W ...

MCO 2.0 (13 JAN - 4 FEB 2021) MCO 2.0 (13 JAN - 4 FEB 2021)

1. MEDIA RELEASE 1. MEDIA RELEASE

Ministry of International Trade and Industry (MITI)

Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) Ministry of Transportation (MOT)

Ministry of Works (KKR)

Ministry of Higher Education (MOHE)

Ministry of Communications and Multimedia (KKMM)

3. SOP

^ss

& GAZETTE & GAZETTE

4. FAQ & ENQUIRY 4. FAQ & ENQUIRY

2. REGISTRATION FOR BUSINESS OPERATION

(18)

Announcements

(19)

Announcements

(20)

Announcements

https://www.myapec2020.my/en/

For more information, please contact :

Bagi sebarang pertanyaan berkaitan MITI seperti operasi sektor ekonomi atau amalan BDR/WFH sila hubungi talian hotline MITI seperti di atas.

03-6200 0468 / 69 / 57 allaki@miti.gov.my

(21)

https://bit.ly/2RUyG8l

For more information, kindly click the following links: https://bit.ly/2ZhxmRp

Announcements

(22)

Announcements

WE ARE GOING FULLY ONLINE ! WE ARE GOING FULLY ONLINE !

Due to the recent announcement of Movement Control Order (MCO/PKP) by the Government, the Population and Housing Census 2020 will not conduct the face-to-face interview. Please be counted by participating in e-Census at :

Stay Home | Keep Calm |Your Data | Our Future

http://ecensus.mycensus.gov.my

Please contact @MyCensus2020 helpdesk for further assistance.

Hotline : 1-800-88-7720

(23)

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

MITI Weekly Bulletin (MWB) Mobile Apps MITI MWB APPs is now available for IOS, Android and Windows platforms.

MWB APPs can be downloaded from Gallery of Malaysian Government Mobile APPs (GAMMA) at the link: http://gamma.malaysia.gov.my/#/appDetails/85

PDF 26 January 2021 - Ministry of International Trade and Industry

Weekly

Weekly BULLETIN BULLETIN

VOLUME 622 VOLUME 622

MEDIA RELEASE

GOING FORWARD IN OUR APPROACH TO OVERCOME THE GOING FORWARD IN OUR APPROACH TO OVERCOME THE

IMPACT OF THE COVID-19 PANDEMIC

IMPACT OF THE COVID-19 PANDEMIC

Media R elease

IMPACT OF THE COVID-19 PANDEMIC

IMPACT OF THE COVID-19 PANDEMIC (cont'd) (cont'd)

Mala ysia Sta tistics

Consumer Price Index (CPI) declined 1.4 per cent in December 2020 to 120.6 as against 122.3 in the same month of the preceding year. The decrease in the overall index was attributed by the decline in Transport (-8.4%); Housing, Water, Electricity, Gas & Other Fuels (-3.3%); Clothing

& Footwear (-0.4%); Restaurants & Hotels (-0.2%) and Furnishings,

Household Equipment & Routine Household Maintenance (-0.1%) which

contributed 48.6 per cent to overall weight.

4

Mala ysia Sta tistics

LEADING INDEX, NOV 2020 LEADING INDEX, NOV 2020

Malaysia’s LI for November 2020 registered 109.1 points, rose 7.1 per cent from November 2019 following 6.3 per cent in October 2020.

Bursa Malaysia Industrial Index which remained to prop up significantly in the reference month was mainly fuelled by the Health Care Index.

The trend is in line with the monthly change of LI which posted a growth

of 0.4 per cent in November 2020 as against negative 0.7 per cent

in the previous month. The gain was primarily contributed by Real

Imports of Semi Conductors (0.5%) driven by the encouraging demand

of electronic integrated circuit.

Interna tional R e por t

Interna tional R e por t

Interna tional Mer chandise T rade

OR PREPARATION OF ANIMAL OR FIXED VEGETABLE FATS OR OILS

(OTHER THAN CENTRIFUGES, FILTERS AND HEATING APPLIANCES)

Weekly / Monthly/ Annually

Number and Value of Preferential Certificates of Origin (PCOs)

Number and Value of Preferential Certificates of Origin (PCOs)

January 2019 - December 2020

US Dollar

Canadian Dollar

New Zealand Dollar

Swiss Franc

Saudi Riyal

Myanmar Kyat

1.6%*

3.5%*

2.4%*

%*

%*

6.2%*

Domestic Prices

0.6%*

4.0%*

Commodity Price Trends

Commodity Price Trends

ALL Y OU NEED T O KNO W ...

ALL Y OU NEED T O KNO W ...

ALL Y OU NEED T O KNO W ...

MCO 2.0 (13 JAN - 4 FEB 2021) MCO 2.0 (13 JAN - 4 FEB 2021)

1. MEDIA RELEASE 1. MEDIA RELEASE

Ministry of International Trade and Industry (MITI)

Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) Ministry of Transportation (MOT)

Ministry of Works (KKR)

Ministry of Higher Education (MOHE)

Ministry of Communications and Multimedia (KKMM)

3. SOP

3. SOP

& GAZETTE & GAZETTE

4. FAQ & ENQUIRY 4. FAQ & ENQUIRY

2. REGISTRATION FOR BUSINESS OPERATION

2. REGISTRATION FOR BUSINESS OPERATION

Announcements

Announcements

Announcements

Announcements

Announcements

WE ARE GOING FULLY ONLINE ! WE ARE GOING FULLY ONLINE !

http://ecensus.mycensus.gov.my

Hotline : 1-800-88-7720

Take care and stay safe

From all of us in MITI

From all of us in MITI