PDF Weekly BULLETIN - Ministry of International Trade and Industry

(1)

VOLUME 558

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY

Weekly

BULLETIN

29 October 2019 | NO. ISSN : 2180-0448

MALAYSIA EDGES CLOSER TO TOP 10 ECONOMIES IN THE WORLD BANK’S DOING BUSINESS 2020 REPORT

1. The World Bank Doing Business 2020 Report ranks Malaysia at 12^th position amongst 190 economies worldwide, a further improvement from 15^thposition the previous year.

2. The Doing Business Report surveys regulations governing business activities in the economies which are then ranked according to their ease of doing business scores based on quantitative indicators of the regulations. The report measures the processes for business incorporation, getting a building permit, obtaining an electricity connection, transferring property, accessing to credit, protecting minority investors, paying taxes, engaging in international trade, enforcing contracts and resolving insolvency.

3. The Doing Business Report advocates regulatory quality and efficiency by instituting reforms.

The Special Task Force to Facilitate Business (PEMUDAH) with its members comprising senior government officials and private sector business leaders, initiates and drives regulatory reforms within the Doing Business indicator areas in Malaysia. This public-private partnership resolves regulatory issues and introduces reforms through its technical working groups to facilitate the ease of doing business and enhance competitiveness and productivity.

4. PEMUDAH was restructured in 2019 with improvements in its functions, organisation and operation for a leaner approach to expedite the resolving of issues as well as to reinvigorate its membership with broader industry expertise and greater wealth of experience to critically examine issues and drive the implementation and monitoring of regulatory reforms.

5. Malaysia’s 12^th ranking in the Doing Business 2020 Report is due to the public and private sector members’ collaboration and commitment within the technical working groups under PEMUDAH to improve ease-of-doing-business environment. This was supported by strong leadership from PEMUDAH and advisory contributions from the World Bank Group. Malaysia Productivity Corporation (MPC) as the Secretariat of PEMUDAH works closely with the respective technical working groups to initiate and monitor the implementation of the various improvement initiatives.

6. PEMUDAH consistently launches improvement initiatives that impact positively on the ease of doing business by promoting regulatory efficiency, productivity and good governance. The recent launching of the Unified Public Consultation Portal (UPC) is part of the Good Regulatory Practice (GRP) agenda which enables the details of proposed regulations to be disseminated online to stakeholders and the general public, and for feedback and constructive suggestions in formulating more effective regulations.

6. Malaysia’s improved performance in the Doing Business 2020 Report attests that on- going reform initiatives are on the right track to further enhance competitiveness, productivity and governance in the ease of doing business as well as to promote investments, which will accelerate national economic development and prosperity.

YB DATUK DARELL LEIKING

Minister of International Trade and Industry 24 October 2019

(2)

2

MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

MITI Weekly Bulletin | www.miti.gov.my

Malaysia Statistics

CONSUMER PRICE INDEX, SEPTEMBER 2019

Source: Department of Statistics, Malaysia Notes:

% change year-on-year

For full publication, click here https://bit.ly/2BAb6VM

The Consumer Price Index (CPI) went up

by 1.1 percent on a year-over-year basis in September 2019

September 2019 September 2018

Index Numbers

121.8 Index Numbers

120.5

Year-over-Year changed

1.1%

CPI September 2019

CPI BY MAIN GROUPS, SEPTEMBER 2019

Note : % change year-on-year

Alcoholic Beverages & Tobacco

Index number: 167.9 y-o-y growth: 2.4%

Health

Food & Non-Alcoholic Beverages

Recreation Services &

Culture

Furnishings, Household Equipment & Routine Household Maintenance

Communication Index number: 96.0 y-o-y growth:-0.1%

Housing, Water, Electricity, Gas & Other Fuels

Transport

Index number: 114.6 y-o-y growth: -2.2%

Education

Clothing & Footwear

Index number: 94.1 y-o-y growth: -0.9%

Restaurants & Hotels Index number: 132.2

y-o-y growth: 1.4%

Miscellaneous Goods &

Services Index number: 114.0

y-o-y growth: 2.7%

(3)

Malaysia Statistics

CPI BY MAJOR GROUP, SEPTEMBER 2019

For full publication, click here https://bit.ly/2BAb6VM

124.8 99.5 116.1 117.1 116.4 114.3

132.1 93.5 120.5 122.4 117.5 118.7130.3 95.0 119.8 121.3 117.2 118.1

Food & Non-Alcoholic

Beverages Clothing & Footwear Housing, Water, Electricity, Gas & Other

Fuels

Health Transport Education

Rural Urban Malaysia

% change over Sept 2018

4.4 2.4 2.2 3.2 1.1 0.9 3.6 1.7 1.6 1.2 1.3 1.3 3.3 2.1 2.2 3.8 1.9 1.8

INFLATION RATE BY STATE, SEPTEMBER 2019

1.7 1.5

1.5 1.2

1.2 0.9

0.9 0.8 0.8 0.8 0.7 0.3

0.3

Kuala Lumpur FT Pulau Pinang Selangor & Putrajaya FT Perak Johor Negeri Sembilan Terengganu Kedah & Perlis Melaka Kelantan Pahang Sabah & Labuan FT

Sarawak

MALAYSIA:1.1%

(4)

4

JAPAN

Malaysia Statistics

EMPLOYMENT IN THE ICT INDUSTRY, 2018

Total employment in the ICT industry

2018: 1.12 million persons

2017: 1.09 million persons Growth

2.6%

EMPLOYMENT IN ICT INDUSTRY ^('000)

Industry 2018

ICT Manufacturing

415 412 0.7%

ICT Services

317 302 5.2%

ICT Trade

234 224 4.3%

Content and media

156 155 0.3%

2017 Growth

Number of persons engaged

For full publication, click here https://bit.ly/2o36mol

(5)

Malaysia Statistics

LABOUR FORCE IN MALAYSIA, AUGUST 2019

The number of labour force in August 2019 rose 1.8 per cent against August 2018

August 2019 August 2018 Growth

Labour Force ('000) 15,706.0 15,421.4 1.8%

Employed ('000) 15,185.8 14,896.5 1.9%

Unemployed ('000) 520.2 525.0 0.9%

7,172.4 7,133.9 0.5%

Outside Labour Force ('000)

68.6%

68.4%

August 2019 August 2018

Labour Force Participation Rate

+0.2%

August 2019 August 2018 Growth

3.3% 3.4% 0.1%

Unemployment Rate

Source: Department of Statistics, Malaysia

68.6%

68.4%

August 2019 August 2018 68.6%

68.4%

August 2019 August 2018

Notes:

For full publication, click here https://bit.ly/2o36mol

(6)

6 Merchandise Trade Statistics

Sources: https://www.trademap.org/index.aspx

WORLD LARGEST EXPORTERS OF POULTRY INCUBATORS AND BROODERS*

TOP FIVE MALAYSIA EXPORT DESTINATIONS

Thailand US$20.3m

Indonesia US$19.5m

Japan US$12.7m

Philippines US$14.8m

Viet Nam US$10.6m

1 ²

5 4

3 In 2018, Malaysia’s export of poultry incubators and brooders recorded US$116.9 million with 33.8% share to the world exports.

Malaysia US$116.9m

33.8%

1 Belgium US$73.9m

21.4% 2

Netherlands US$51.8m

15.0%

3 China US$33.5m

9.7%

4 US$17.5m USA 5.1%

5

Notes:

-*HS843621

-% refer to share in world exports

Sources: https://www.trademap.

(7)

#MyAPEC2020 | Malaysia

Be part of

something BIG?

Come and join us, be a volunteer for APEC 2020!

For more information about the volunteer program, kindly click the following links:

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

view/5657?mid=626

Malaysia's Imports from APEC Economies

In 2018, Malaysia's Imports with APEC Economies increased by 11.51% from US$150.86 billion to US$168.22 billion

Notes:

-% refer to Year-on-Year percentage change Source: https://www.trademap.org/index.aspx

2014 2015 2016 2017 2018

Imported Value

(US Dollar Billion)

155.75 135.49 131.32 150.86 168.22

13.0% 143.36 ^3.1% 165.49 192.40 ^14.9% ^11.5%

13.2%

18.0%

5.8%

6.5%

23.4%

Major Import Sources ( ^Billion)

China

Singapore

USA

Japan

Chines Taipie

US$43.33

US$25.48

US$16.10

US$15.74

US$15.73

(8)

8

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

- 20 40 60 80 100 120 140

0 5 10 15 20 25 30 35

4 Aug 11 Aug 18 Aug 25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 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)

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

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000

RM mil.

ASEAN Trade in Goods Agreement (ATIGA)

- 500 1,000 1,500 2,000 2,500 3,000 3,500

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

RM mil.

ASEAN-China Free Trade Agreement (ACFTA)

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

0 200 400 600 800 1,000 1,200

RM mil.

ASEAN-Korea Free Trade Agreement (AKFTA)

- 50 100 150 200 250 300 350

0 20 40 60 80 100 120

RM mil.

ASEAN-Japan Comprehensive Economic Partnership (AJCEP)

- 100 200 300 400 500 600 700 800 900

0 100 200 300 400 500 600 700 800 900

RM mil.

ASEAN-India Free Trade Agreement (AIFTA)

- 200 400 600 800 1,000 1,200

0 20 40 60 80 100 120 140 160

RM mil.

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

(9)

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)

- 200 400 600 800 1,000 1,200

0 20 40 60 80 100 120 140 160 180 200

RM mil.

Malaysia-Japan Economic Partnership Agreement (MJEPA)

- 20 40 60 80 100 120 140 160 180 200

0 10 20 30 40 50 60 70 80

RM mil.

Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)

- 1 2 3 4 5 6 7 8 9 10

0.00 0.05 0.10 0.15 0.20 0.25 0.30 0.35

RM mil.

Malaysia-New Zealand Free Trade Agreement (MNZFTA)

- 20 40 60 80 100 120

0 200 400 600 800 1,000 1,200

RM mil.

Malaysia-Chile Free Trade Agreement (MCFTA)

- 100 200 300 400 500 600

0 50 100 150 200 250 300 350

RM mil.

Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)

- 100 200 300 400 500 600

0 10 20 30 40 50 60

RM mil.

Malaysia-Australia Free Trade Agreement (MAFTA)

- 50 100 150 200 250 300 350

0 20 40 60 80 100 120 140 160

RM mil.

Malaysia-Turkey Free Trade Agreement (MTFTA)

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

(10)

10

Source : Bank Negara Malaysia

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

US Dollar

Pakistani Rupee

Egyptian Pound

Cambodian Riel

Nepalese Rupee

United Arab Emirates Dirham

3.9578

3.8862

4.1881 4.1855

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 Jun Jul Aug Sep

2018 2019

RM

USD 1 = RM

3.5738

2.5930 2.6703

2.00 2.20 2.40 2.60 2.80 3.00 3.20 3.40 3.60 3.80

2018 2019

RM

PKR 100 = RM

0.2235 0.2198

0.2554

0.20 0.21 0.22 0.23 0.24 0.25 0.26

2018 2019

RM

EGP 1 = RM

0.0979

0.0964

0.1035

0.1026

0.092 0.094 0.096 0.098 0.100 0.102 0.104 0.106

2018 2019

RM

KHR 100 = RM

3.8875

3.5316

3.6658

3.40 3.50 3.60 3.70 3.80 3.90 4.00

2018 2019

RM

NPR 100 = RM

107.7531

105.8030

113.9478

100.0 102.0 104.0 106.0 108.0 110.0 112.0 114.0 116.0

2018 2019

RM

AED 100 = RM

(11)

4.4%*

US$62.0

%*

US$44.1

0.7%*

US$1,689.4

US$260.0

%*

(high)

25 October 2019 %*

US$235.0 (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-

25 October 2019

CRUDE PALM OIL -per MT-

1.8%*

US$564.5

25 October 2019

RUBBER SMR 20 -per MT-

1.0%*

US$1,322.0

COCOA SMC 2 -per MT-

COAL -per MT-

SUGAR -per lbs-

0.2%*

US$12.4

SCRAP IRON HMS -per MT-

5 Oct 2018 : US$84.2

Highest

2018/2019

17 May 2019 : US$72.2

9 Aug 2019 : US$54.5 28 Dec 2018 : US$52.2

Lowest 2018/2019

9 Mar 2018 : US$691.5

Highest

2018/2019

20 Sep 2019 : US$579.5

26 July 2019 : US$488.5 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

25 October 2019

Steel Bars

(per MT)

RM1,910– RM2,060

Billets

(per MT) RM1,650 - RM1,700

25 October 2019 25 October 2019 25 October 2019

25 October 2019

(12)

12 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.

1,444.8

1,344.7 1,354.4

1,308.6 1,370.6

1,518.8 1,633.0

1,677.8 1,696.9

1,630.6 1,677.4

1,689.4

1,300 1,350 1,400 1,450 1,500 1,550 1,600 1,650 1,700

9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct

US$/mt

Cocoa

2,341

2,226

2,116

2,050

2,059 2,066

2,027 2,002 2,004 2,003 2,002 2,002

1,800.0 1,900.0 2,000.0 2,100.0 2,200.0 2,300.0 2,400.0

US$/mt

Pepper

1,326.5 1,315.5

1,295.0 1,295.5 1,352.0 1,351.0

1,341.5

1,282.0

1,252.5 1,291.0

1,309.5 1,322.0

1,220 1,240 1,260 1,280 1,300 1,320 1,340 1,360 1,380

US$/mt

Rubber SMR 20

58.5

54.9 54.2 55.1 56.5

54.9 58.1

55.9

52.8

54.5 53.8 54.5 56.7

58.6

59.3 60.4 61.5 60.2

64.3 61.9

58.4

60.559.4 62.0

40 45 50 55 60 65 70

US$/bbl

Crude Petroleum

Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl 507.0

519.5 531.0 553.0

570.0 566.0

579.5

567.5

538.5

533.0 554.5

564.5

485 495 505 515 525 535 545 555 565 575 585

US$/mt

Crude Palm Oil

11.9 11.6

11.5

11.1 11.0

11.9 12.1

12.6 12.8

12.4

12.3 12.4

10.8 11.3 11.8 12.3 12.8 13.3

US¢/lbs

Sugar

(13)

16.9 17.1

17.4 18.3

18.1

17.6 17.8

17.0 17.6

17.5 17.6 17.9

16.2 16.7 17.2 17.7 18.2 18.7

US$/oz

Silver

48.2 48.7

48.4 49.1

49.0

48.3 48.3

47.9 48.2

47.6 47.9

48.7

47.0 47.5 48.0 48.5 49.0 49.5

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.

2,255 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 1,756 1,797 1,741 1,754

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

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

2018 2019

US$/ tonne

Aluminium

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 5,882 5,941 5,709 5,759

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

2018 2019

US$/ tonne

Copper

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 11,944 13,546 15,749 17,657

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

2018 2019

US$/ tonne

Nickel

Commodity Price Trends

65.75 66.10 65.04 64.56 67.15 68.44 73.41 73.26 69.15 76.16 88.22 86.47 93.70 100.15 108.94 120.24 93.07 93.08

50.0 60.0 70.0 80.0 90.0 100.0 110.0 120.0 130.0

2018 2019

US$/dmtu

Iron Ore

863.8

851.5 855.3 931.7

958.5 952.2

942.6

889.2 886.9

900.3 895.9

933.3

820.0 840.0 860.0 880.0 900.0 920.0 940.0 960.0 980.0

US$/oz

Platinum

320.0

300.0 300.0 300.0 300.0 300.0 280.0

275.0 265.0

260.0 250.0 250.0

260.0 260.0 290.0

280.0 280.0 280.0 270.0 270.0

250.0245.0 235.0

230.0 225.0 225.0

235.0 235.0

200 220 240 260 280 300 320 340

26 July 2 Aug 9 Aug 16 Aug23 Aug30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct

US$/mt

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

53.8 53.8 53.6

48.848.3

46.6 45.6 45.1

44.1 43.6 43.6

44.6 44.1 44.1

40 42 44 46 48 50 52 54 56

26 July 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct

US$/t

Coal

(14)

14 MITI PROGRAMMES

MITI DAY 2019 19 October 2019

DEPUTY MITI MINISTER OFFICIAL WORKING VISIT TO TOP GLOVE , SHAH ALAM, SELANGOR

22 OCTOBER 2019

(15)

MITI PROGRAMMES

MITI DAY 2019 19 October 2019

MITI DEPUTY MINISTER DELIVERED THE OPENING REMARKS FOR THE MALAYSIA BUSINESS EVENTS AWARDS (MBEA) DINNER

23 OCTOBER 2019

(16)

16 • Shared Services Outsources - SSO refers to organisations which implement a multifunctional approach to shared services. This relates to handling non-core company activities, which are support in character, that do not add value for external clients.

• Many companies have already outsourced their IT and back- office functions or established shared services centres for major business processes. They are now outsourcing core activities like research, product development and tax and legal services, as globalisation and connectivity enable new ways of doing business. The rationale for outsourcing is thus changing dramatically; a growing number of organisations see it as a means of obtaining strategic advantages, not just as a costcutting measure.

• The scale and complexity of outsourcing is also increasing.

The earliest outsourcing contracts were long-term, one- to-one arrangements. Today, with greater connectivity, the trend is towards multi-sourcing — where a lead supplier functions as a contractor and orchestrates other suppliers or where a group of suppliers collaborates to provide a collection of services.

SS0:

STES:

State Trading Enterprises - State trading enterprises are defined as governmental and non-governmental enterprises, including marketing boards, which deal with goods for export and/or import.

• Service Trade Restrictive Index - STRI is a tool developed by the OECD to identify policy measures that restrict trade in services.

• STRI identifies measures that restrict trade in services. These measures are categorised in the STRI database corresponding to the following 5 policy areas:

i) Restrictions on foreign market entry;

ii) Restrictions on the movement of people;

iii) Barriers to competition;

iv) Regulatory transparency;

v) Other discriminatory measures.

• For Malaysia, OECD proposed four sectors - professional, construction, telecommunications and computer.

STRI:

TBT

Technical Barriers for Trade - technical regulations and product standards may vary from country to country, which in turn creates many difficulties for producers and exporters.

Rules set arbitrarily could create barriers to trade. The WTO’s Agreement on Technical Barriers to Trade (TBT) tries to ensure that regulations, standards, testing and certification procedures do not create unnecessary obstacles.

G L O S S A RY

Source: http://www.miti.gov.my /index.php/glossary

Strategic Trade Act 2010 - The STA is a legislation mandated by the United Nations Security Council Resolution (UNSCR) 1540 which provides for control over the export, transit, transshipment and brokering of strategic items, including arms and related material, and other activities that will or may facilitate the design, development and production of weapons of mass destruction (WMD) and their delivery systems. This Act is consistent with Malaysia’s international obligations on national security.

STA:

Tariff Rate Quotas - TRQ establishes a quantitative restriction (quotas) for imported goods. A higher tariff rate is applied to imports outside of the quota (out- quota). A lower tariff rate is applied to imports within the quota (in-quota).

TRQ:

• System to monitor the quota allocation.

• TRQs are monitored either on a first-come, first serve basis, auctioned system, or through import license. Once in-quota is exceeded, imports are allowed through outquota tariffs.

Tariff Rate Quota (TRQ) A d m i n i s t r a t i o n :

Special and Differential Treatment - Developing and least developing countries are accorded special privileges, either through longer implementation period or flexibilities in undertaking commitment.

S&D:

(17)

T e c h n i c a l N o t e s

Source: https://www.wto.org

Definitions and methods:

PRODUCTS:

All product groups are defined according to Revision 3 of the Standard International Trade Classification (SITC).

Primary Products i. Agricultural products

- Food: food and live animals; beverages and tobacco; animal and vegetable oils, fats and waxes; oilseeds and oleaginous fruit (SITC sections 0, 1, 4 and division 22).

- Raw materials: hides, skins and furskins, raw; crude rubber (including synthetic and reclaimed); cork and wood; pulp and waste paper; textile fibres and their wastes; crude animal and vegetable materials, n.e.s. (SITC divisions 21, 23, 24, 25, 26, 29).

ii. Mining products

- Ores and other minerals: crude fertilizers (other than those classified in chemicals) and crude minerals;

metalliferous ores and metal scrap (SITC divisions 27, 28).

- Fuels: (SITC section 3).

- Non-ferrous metals: (SITC division 68).

Manufactures: (SITC sections 5, 6, 7, 8 minus division 68 and group 891) i. Iron and steel: (SITC division 67).

ii. Chemicals: organic chemicals (SITC division 51); plastics (SITC divisions 57, 58); inorganic chemicals (SITC division 52); pharmaceuticals (SITC division 54); other chemicals (SITC divisions 53, 55, 56, 59).

iii. Other semi-manufactures: leather, leather manufactures, n.e.s., and dressed furskins; rubber manufactures, n.e.s.; cork and wood manufactures (excluding furniture); paper, paperboard and articles of paper pulp, of paper or of paperboard; non-metallic mineral manufactures, n.e.s.; manufactures of metals, n.e.s. (SITC divisions 61, 62, 63, 64, 66, 69).

MERCHANDISE TRADE

EXPORTS AND IMPORTS:

Two systems of recording merchandise exports and imports are in common use. They are referred to as general trade and special trade and differ mainly in the way warehoused and re-exported goods are treated. General trade figures are larger than the corresponding special trade figures because the latter exclude certain trade flows, such as goods shipped through bonded warehouses.

Unless otherwise noted, total merchandise trade is defined in this report according to the general trade definition. It covers all types of inward and outward movement of goods through a country or territory including movements through customs warehouses and free zones. For further explanations, see United Nations International Trade Statistics, Concepts and Definitions, Series M, N°52, Revision 2.

Unless otherwise indicated, exports are valued at transaction value, including the cost of transportation and insurance to bring the merchandise to the frontier of the exporting country or territory (f.o.b. valuation).

Imports are valued at transaction value plus the cost of transportation and insurance to the frontier of the importing country or territory (c.i.f. valuation).

(18)

18

iv. Machinery and transport equipment: power generating machinery; other non-electrical machinery; office machines and telecommunications equipment; electrical machinery and apparatus; automotive products;

other transport equipment (SITC section 7).

- Power generating machinery: power generating machinery and equipment minus internal combustion piston engines, and parts thereof, n.e.s. (SITC division 71 minus group 713).

- Other non-electrical machinery: machinery specialized for particular industries; metalworking machinery;

general industrial machinery and equipment, n.e.s., and machine parts, n.e.s. (SITC divisions 72, 73, 74).

- Office machines and telecommunications equipment: office machines and automatic data processing machines; telecommunications and sound recording and reproducing apparatus and equipment; thermionic, cold cathode or photo-cathode valves and tubes (SITC divisions 75, 76 and group 776).

- Electrical machinery and apparatus: electrical machinery, apparatus and appliances, n.e.s., and electrical parts thereof; minus thermionic, cold cathode or photo-cathode valves and tubes; minus electrical equipment, n.e.s., for internal combustion engines and vehicles, and parts thereof (SITC division 77 minus group 776 and subgroup 7783).

- Automotive products: motor cars and other motor vehicles principally designed for the transport of persons (other than public transport type vehicles) including station wagons and racing cars; motor vehicles for the transport of goods and special purpose motor vehicles; road motor vehicles, n.e.s.; parts and accessories of motor vehicles and tractors; internal combustion piston engines for vehicles listed above; electrical equipment, n.e.s., for internal combustion engines and vehicles, and parts thereof (SITC groups 781, 782, 783, 784, and subgroups 7132, 7783).

- Other transport equipment: other transport equipment (railway vehicles, aircraft, spacecraft, ships and boats, and associated parts and equipment); motorcycles and cycles, motorized and non-motorized;

trailers and semi-trailers, other vehicles (not mechanically propelled), and specially designed and equipped transport containers; internal combustion piston engines for aircraft, and parts thereof, n.e.s.; internal combustion piston engines, marine propulsion; internal combustion piston engines, n.e.s.; parts, n.e.s., for internal combustion piston engines listed above (SITC division 79, groups 785, 786, and subgroups 7131, 7133, 7138, 7139).

v. Textiles: (SITC division 65).

vi. Clothing: (SITC division 84).

vii. Other consumer goods: household articles, travel goods, footwear, instruments and apparatus, photography, optical goods, watches and clocks, and other manufactured articles, n.e.s. (SITC divisions 81, 82, 83, 85, 87, 88, 89 excluding group 891, arms and ammunition). Of which furniture (SITC division 82), travel goods (SITC division 83), footwear (SITC division 85), and toys and games (SITC group 894).

Other products:

Commodities and transactions not classified elsewhere (including gold); arms and ammunition (SITC section 9 and group 891).

T e c h n i c a l N o t e s

Source: https://www.wto.org

Definitions and methods (Merchandise Trade):

(19)

For more information, kindly click the following links:

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

All you need to know...

(20)

20 All you need to know...

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

(21)

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

ANNOUNCEMENTS

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

ANNOUNCEMENTS

https://bit.ly/2MyIPFt

(22)

22 ANNOUNCEMENTS

https://bit.ly/2VWXzks

Tentative Schedule for MITI Pocket Talks 2019

For more information please contact the secretariat:

NO DATE VENUE TOPIC

1 6 November

(Wenesday) MITI HQ

(Seminar 1)

Introduction to FTA &

Preferential Certificate of Origin (PCO) 2 14 November

(Thursday) MITI

KELANTAN

Introduction to FTA &

Preferential Certificate of Origin (PCO)

(23)

MITI @ Your Service

AZYYATI IBRAHIM NORIZA MOHAMED

MITI REGIONAL OFFICE (KELANTAN) MITI REGIONAL OFFICE (KELANTAN)

NUR AYUNNI ARIF

AHMAD KHALIDI MAT SAAD @ ALI ROSNANI MOHAMED ZAIN NORSAKILA MAHMUD

HASMAH ABD. RASHID ASWANIAYU MOHD YUSOF

DIRECTOR

^SENIOR

ADMINISTRATIVE ASST.

ASSISTANT

ADMINISTRATIVE OFFICER ADMINISTRATIVE ASST.

OPERATIONAL ASST.

DRIVER

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

PDF Weekly BULLETIN - Ministry of International Trade and Industry

VOLUME 558

Weekly

BULLETIN

MALAYSIA EDGES CLOSER TO TOP 10 ECONOMIES IN THE WORLD BANK’S DOING BUSINESS 2020 REPORT

2

Malaysia Statistics

CONSUMER PRICE INDEX, SEPTEMBER 2019

The Consumer Price Index (CPI) went up

by 1.1 percent on a year-over-year basis in September 2019

Index Numbers

121.8 Index Numbers

120.5

1.1%

CPI BY MAIN GROUPS, SEPTEMBER 2019

Malaysia Statistics

CPI BY MAJOR GROUP, SEPTEMBER 2019

4.4 2.4 2.2 3.2 1.1 0.9 3.6 1.7 1.6 1.2 1.3 1.3 3.3 2.1 2.2 3.8 1.9 1.8

INFLATION RATE BY STATE, SEPTEMBER 2019

MALAYSIA:1.1%

4

Malaysia Statistics

EMPLOYMENT IN THE ICT INDUSTRY, 2018

Total employment in the ICT industry

2018: 1.12 million persons

2017: 1.09 million persons Growth

2.6%

EMPLOYMENT IN ICT INDUSTRY ('000)

Industry 2018

ICT Manufacturing

415 412 0.7%

ICT Services

317 302 5.2%

ICT Trade

234 224 4.3%

Content and media

156 155 0.3%

2017 Growth

Malaysia Statistics

LABOUR FORCE IN MALAYSIA, AUGUST 2019

The number of labour force in August 2019 rose 1.8 per cent against August 2018

August 2019 August 2018 Growth

Labour Force ('000) 15,706.0 15,421.4 1.8%

Employed ('000) 15,185.8 14,896.5 1.9%

Unemployed ('000) 520.2 525.0 0.9%

7,172.4 7,133.9 0.5%

Outside Labour Force ('000)

Labour Force Participation Rate

+0.2%

August 2019 August 2018 Growth

3.3% 3.4% 0.1%

Unemployment Rate

6

Merchandise Trade Statistics

WORLD LARGEST EXPORTERS OF POULTRY INCUBATORS AND BROODERS*

TOP FIVE MALAYSIA EXPORT DESTINATIONS

Thailand US$20.3m

Indonesia US$19.5m

Japan US$12.7m

Philippines US$14.8m

Viet Nam US$10.6m

1 2

5 4

3

In 2018, Malaysia’s export of poultry incubators and brooders recorded US$116.9 million with 33.8% share to the world exports.

Malaysia US$116.9m

33.8%

1

Belgium US$73.9m

21.4% 2

Netherlands US$51.8m

15.0%

3

China US$33.5m

9.7%

4

US$17.5m USA 5.1%

5

#MyAPEC2020 | Malaysia

Be part of

EMPLOYMENT IN ICT INDUSTRY ^('000)

1 ²

13.0% 143.36 ^3.1% 165.49 192.40 ^14.9% ^11.5%

Major Import Sources ( ^Billion)