Jul 18, 2018 - SCRAP IRON HMS. -per MT-. 20 July 2018 :US$390.0(high), unchanged ..... MITI Sarawak. ⢠Introduction to
MITI established a task force on US-China trade conflict
MEDIA RELEASE
It is a real concern that in recent months, we have seen the spectre of protectionism on the rise. The protectionist measures started when the US initiated investigations in 2017 under the auspices of its Trade Act of 1974 and Trade Expansion Act of 1962. The US-China trade conflict began on 22 January 2018 when the US imposed the global safeguard measures on solar panels and washing machines. Tensions further escalated when the US invoked section 232, Trade Expansion Act of 1962 and imposed additional tariffs against aluminium and steel imports on national security grounds. These actions have resulted in numerous announcements and actions by China–retaliating against the measures taken by the US. Trade conflict is never a beneficial move for any country simply because trade restrictions and retaliatory measures would hurt everyone, especially small countries. The conflict has not only affected the US and China but also sparked retaliatory measures by many other aggrieved countries. Among the retaliatory measures are safeguard investigations launched by European Union (EU) in March 2018 on 23 iron and steel products and followed by Turkey against numerous iron and steel products in May 2018. It did not stop there as Canada too is considering both quotas and tariffs to stop a spike in imports of foreign steel being diverted from the US. Looking at this upsetting trend, a vicious protectionist cycle will ensue and pose a threat to world trade. Countries should halt the spread of protectionism and instead, be actively engaged in finding amicable solutions and resolving trade issues through multilateral dialogue such as the World Trade Organisation (WTO). This is to ensure that trade policies can be effective in strengthening the multilateral trading system. Hence, the Malaysian Government will continue to work with all countries to ensure that protectionism is not the preferred path in any country’s policy formulation. Malaysia will also highlight our concerns at the ASEAN and APEC fora. With a view to monitor and coordinate the feedback from various stakeholders against the backdrop of escalating US-China’s trade conflict, Ministry of International Trade and Industry (MITI) has established a task force in July 2018 with the aim to monitor and assess the developments of the US-China trade conflict and well as formulate strategies to mitigate the impact of trade protectionism. The task force will also act as a focal point for stakeholders to present their views, comments, and feedback. Companies operating in Malaysia are encouraged to reach out to this task force on any challenges they are facing due to the on-going trade tension. The task force can be reached at
[email protected]. Ministry of International Trade and Industry 18 July 2018
MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia
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MALAYSIA EMPLOYMENT STATISTICS FOURTH QUARTER 2017
Semi-skilled recorded highest percentage share in labour demand with 62.1% positions, 62.3% filled postions and 53.8% vacancies. Skilled category contributed 59.0% of job created.
Source: Quarterly Employment Survey, Department of Statistics, Malaysia MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia
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LABOUR DEMAND BY ECONOMIC ACTIVITY FOURTH QUARTER 2017
Source: Quarterly Employment Survey, Department of Statistics, Malaysia MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia
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Source: Monthly Labour Force Survey, Department of Statistics, Malaysia
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International Report
Malaysia ranked the number one exporter of soap in the form of flakes, granules, powder, paste or in aqueous solution* in 2017
1) MALAYSIA US$382.6m | 20.4%
2) INDONESIA 15.4%
| US$289.1m
3) USA US$126.2bm
|
6.7%
4) ITALY 6%
|
US$112.5m
5) GERMANY US$95.5m
Malaysia’s top five export destinations for soap in the form of flakes, granules, powder, paste or in aqueous solution* in 2017
|
5.1%
US$38.9m
UAE 10.4%*
MALAYSIA US$35.9m
NIGERIA 9.4%* US$23.0m
EGYPT 6.0%*
US$24.6m
US$30.0m
TURKEY
INDIA
6.4%*
Note : Refers to HS340120 * Share in Malaysia's exports Source : http://www.trademap.org/Index.aspx MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia
7.8%*
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ASEAN Economic Indicators 2017 Malaysia ranked fourth in ASEAN total trade with the contribution of 16.5% to total exports and 15.7% to total imports.
Land Area (km2)
Population1
GDP*
(mil. persons)
(US$ bil.)
4.5 mil.
642.4
GDP per Exports3 Imports3 Capita2(US$*) (US$ mil.) (US$ mil.)
FDI4 (US$ bil.)
2,765.7 4,305 1,313.6 1,241.5 137.0
Singapore 719
5.6
324.0
57,722
67.7
455.7
6,736
236.7
222.8
9.1
93.7
223.9
2,390
213.9
210.6
14.1
32.0
317.0
9,892
217.8
195.1
9.4
262.2
1,013.9
3,867
168.8
157.0
23.1
104.9
313.9
2,992
68.3
107.9
10.0
53.4
65.6
1,229
13.9
19.2
4.3
383.3 317.7
62.0
Thailand
513,120 Viet Nam
331,231 Malaysia
331,388 Indonesia
1,913,579 Philippines
300,000 Myanmar
676,576 Lao PDR
236,800
6.8
17.1
2,531
3.6
4.8
1.7
5,765
0.4
12.2
28,466
4.8
3.1
0.5
15.7
22.3
1,421
2.6
3.3
2.7
Brunei
Cambodia
181,035
Note: * at current prices 1 Refers to/based on mid-year total population based on country projections 2 Based on AMSs data submission to ASEANstats and Official National Statistical Offices website 3 ASEAN IMTS Database preliminary 2017 figures are as of End May 2018 4 FDI 2017 figures are preliminary as of 30 June 2018 Source: https://data.aseanstats.org/ MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia
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Number and Value of Preferential Certificates of Origin (PCOs)
0
0
Total CO
Total FOB (RM mil.)
140
1,000 900
400
150
300
100
200
50
0 29 Apr
15 Jul
8 Jul
15 Jul
8 Jul
0
Total FOB (RM mil.)
Generalised System of Preferences (GSP)
Total CO
180
140
30
120
25
100
20
80
15
60
10
40
Total FOB (RM mil.)
15 Jul
8 Jul
1 Jul
24 Jun
17 Jun
10 Jun
3 Jun
27 May
20 May
13 May
0
6 May
20
0 29 Apr
5
No. of Certificate of Origin
160
35
RM mil.
1 Jul
200
Total CO
40
1 Jul
400
15 Jul
8 Jul
1 Jul
24 Jun
17 Jun
10 Jun
3 Jun
27 May
20 May
13 May
6 May
29 Apr
600
20
0
Total FOB (RM mil.)
24 Jun
800
40
100
0
1,000
60
15 Jul
500
8 Jul
200
1,200
80
1 Jul
600
10 Jun
250
1,400
100
3 Jun
700
27 May
300
1,800 1,600
120
20 May
800
RM mil.
350
Total CO
ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)
13 May
ASEAN-India Free Trade Agreement (AIFTA)
400
0
29 Apr
15 Jul
8 Jul
1 Jul
24 Jun
17 Jun
10 Jun
3 Jun
27 May
20 May
13 May
6 May
29 Apr
0
Total FOB (RM mil.)
50
20
200
24 Jun
100
100
40
10 Jun
400
150
60
3 Jun
200
80
27 May
600
20 May
800
300
200
100
13 May
1,000
400
250
6 May
500
300
120
RM mil.
1,200
ASEAN-Japan Comprehensive Economic Partnership (AJCEP)
No. of Certificate of Origin
140
Total CO
No. of Certificate of Origin
1,400
No. of Certificate of Origin
160
24 Jun
29 Apr
15 Jul
8 Jul
1 Jul
24 Jun
17 Jun
10 Jun
3 Jun
27 May
20 May
13 May
6 May
29 Apr
600
0
0
Total FOB (RM mil.)
1,600
No. of Certificate of Origin
500
Total CO
ASEAN-Korea Free Trade Agreement (AKFTA)
700
RM mil.
1,000
0
Total FOB (RM mil.)
RM mil.
1,000
6 May
0
2,000
17 Jun
1,000
1,000
1,500
17 Jun
2,000
3,000
17 Jun
2,000
2,000
10 Jun
3,000
4,000
3 Jun
3,000
4,000
2,500
27 May
5,000
3,000
5,000
20 May
4,000
No. of Certificate of Origin
RM mil.
6,000
RM mil.
5,000
7,000
No. of Certificate of Origin
6,000
8,000
13 May
9,000
ASEAN-China Free Trade Agreement (ACFTA)
6,000
7,000
6 May
ASEAN Trade in Goods Agreement (ATIGA)
10,000
Total CO
Note: The preference giving countries under the GSP scheme are Liechtenstein, the Russian Federation, Japan, Switzerland, Belarus, Kazakhstan and Norway.
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
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Number and Value of Preferential Certificates of Origin (PCOs)
100
0
Total CO
Total FOB (RM mil.)
Malaysia-Turkey Free Trade Agreement (MTFTA)
0
No. of Certificate of Origin
15 Jul
8 Jul
1 Jul
24 Jun
17 Jun
15 Jul
8 Jul
1 Jul
24 Jun
15 Jul
50
0
8 Jul
50
1 Jul
100
24 Jun
100
17 Jun
150
10 Jun
200
150
3 Jun
200
27 May
250
20 May
300
250
13 May
300
6 May
350
29 Apr
17 Jun
400
350
Total FOB (RM mil.)
Total CO
No. of Certificate of Origin
400
RM mil.
10 Jun
0
29 Apr
15 Jul
8 Jul
1 Jul
24 Jun
17 Jun
10 Jun
3 Jun
27 May
20 May
13 May
0
6 May
100
20
10 Jun
10
200
40
3 Jun
200
20
300
60
27 May
30
400
80
20 May
300
600 500
13 May
40
Malaysia-Australia Free Trade Agreement (MAFTA)
100 RM mil.
400
50
Total CO
No. of Certificate of Origin
120
60
No. of Certificate of Origin
500
70
Total FOB (RM mil.)
3 Jun
29 Apr
Total FOB (RM mil.)
140
29 Apr
0
Total CO
Malaysia-India Comprehensive Economic Cooperation Agreement 600 (MICECA)
0
20
0
15 Jul
8 Jul
1 Jul
5
6 May
Total FOB (RM mil.)
24 Jun
17 Jun
10 Jun
3 Jun
27 May
20 May
0
13 May
0.00
6 May
2
29 Apr
0.05
40
27 May
4
20 May
0.10
60
10
13 May
6
15
6 May
8
0.15
80
RM mil.
10
0.20
100
20
No. of Certificate of Origin
12
No. of Certificate of Origin
15 Jul 120
14
0.25
RM mil.
Total CO
Malaysia-Chile Free Trade Agreement (MCFTA)
25
16
8 Jul
29 Apr
15 Jul
8 Jul
24 Jun
17 Jun
10 Jun
3 Jun
27 May
20 May
13 May
29 Apr
1 Jul
Total FOB (RM mil.)
0.30
80
0
Total CO
Malaysia-New Zealand Free Trade Agreement (MNZFTA)
0.35
RM mil.
0
0
Total FOB (RM mil.)
50
1 Jul
0
100
50
24 Jun
200
17 Jun
50
150
100
10 Jun
400
3 Jun
100
200
27 May
600
RM mil.
150
250
150
20 May
800
13 May
200
350 300
200
No. of Certificate of Origin
1,000
6 May
RM mil.
250
Malaysia-Pakistan Closer Economic Partnership (MPCEPA)
250
1,200
6 May
Malaysia-Japan Economic Partnership (MJEPA)
300
Total CO
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
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Malaysian Ringgit Exchange Rate with Selected Countries, January 2017 - June 2018 US Dollar
Swiss Franc
USD 1 = RM
CHF 1 = RM
4.60 4.50
4.60 4.4596
4.50 4.4209 4.40
4.40 4.30
4.30
4.10
3.9999
4.00 3.90
4.20 RM
RM
4.20
4.10
4.0426
4.00
3.8862
3.80
3.9775
3.90
3.70
3.80
3.60 3.50
4.4697
3.70
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 2017
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
2018
2017
2018
Canadian Dollar
Saudi Riyal
CAD 1 = RM
SAR 100 = RM
3.50
125.0 3.4288
3.40 3.3755
120.0 118.9006
3.30
115.0
3.20 RM
RM
110.0
3.10 3.00
105.0
3.0211
103.6265 100.0
2.90 2.80
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
2018
2017
2018
New Zealand Dollar
Myanmar Kyat
NZD 1 = RM
MMK 100 = RM
3.30
0.340
3.20 3.1735
3.2126
0.330
3.10
0.3296
0.320
3.00
0.310
2.90
RM
RM
95.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 2017
2.7783
2.80
2.7549
2.70
0.300
0.2929
0.290
0.2921
0.280
2.60 2.50
106.6546
3.0490
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 2017
0.270
2018
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 2017
2018
Source : Bank Negara Malaysia
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Commodity Prices CRUDE PETROLEUM (BRENT) -per bbl20 July 2018 : US$73.1, 3.0%* Average Pricei : 2017: US$55.0 2016: US$45.3 CRUDE PALM OIL -per MT20 July 2018 : US$605.0, 0.5%* i Average Price : 2017: US$719.7 2016: US$702.2 SUGAR -per lbs20 July 2018 :US¢11.1, 1.5%* i Average Price : 2017: US¢15.8 2016: US¢18.2 RUBBER SMR 20 -per MT20 July 2018 : US$1,342.5, 2.1%* Average Pricei : 2017: US$1,646.6 2016: US$1,394.5 COCOA SMC 2 -per MT20 July 2018 : US$1,463.5, 10.4%* Average Pricei : 2017: US$1,439.0 2016: US$1,609.8
HIGHEST and LOWEST 2017/2018
Crude Petroleum (Brent) -per bbl-
29 June 2018 : US$79.4 29 Dec 2017 : US$66.9
Lowest
62.8 8 : US$ 1 0 2 b .5 9 Fe US$45 : 7 1 0 e2 23 Jun
Crude Palm Oil -per MT-
Highest 9 Mar 2018 : US$691.5 20 Jan 2017 : US$843.0
Lowest
2.0 US$60 : 8 1 0 2 0.0 13 July US$65 : 7 1 0 e2 30 Jun
Domestic Prices 20 July 2018
COAL -per MT20 July 2018 : US$64.6, 0.2%* Average Pricei : 2017: US$57.2 2016: US$45.6 SCRAP IRON HMS -per MT20 July 2018 :US$390.0(high), unchanged* US$375.0 low), unchanged* Average Pricei : 2017: US$314.5 2016: US$243.2
Highest
Billets
(per MT) RM2,250 – RM2,300
Steel Bars
(per MT) RM2,400 – RM2,550
Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, and Bloomberg. MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia
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Commodity Price Trends Crude Palm Oil
680
660
663.0
666.5
641.7
1,450
662.0
1,457.0
657.0
655.0 640
Rubber SMR 20
1,500
1,438.5 1,435.5
1,431.5
1,424.5 1,424.0
1,400
641.5
US$/mt
620
609.5
1,371.5
1,350
1,352.0 1,354.5
610.5
600
602.0
605.0
580
1,250
1,200 4 May 8 May 18 May 25 May 1 June 8 June 14 June22 June29 June 6 July 13 July 20 July
6,337
6,851
7,281
7,113
6,000
2,950
3,000
1,300
2,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
1,200
2016
4 May 8 May 18 May 25 May 1 June 8 June 14 June22 June29 June 6 July 13 July 20 July
Sugar
13.0
12.5
12.5
12.5 12.3
12.3
75
79.4
78.5 77.1
12.4
2017
Crude Petroleum
85
80
12.5
76.4
76.8
75.6
75.3
73.4 74.2
70
US$/bbl
US¢/lbs
77.1
76.5
74.9
12.0
11.5
4,114 3,476
3,500
1,400
3,974
3,984
4,000 1,463.5
4,474
1,506.4
4,516
4,500
1,553.3
1,500
5,000
4,463
1,633.7
4,605
1,612.5
1,607.1
5,500
4,170
1,646.7
1,644.3
USD/ tonne
1,700
4,366
1,785.3 1,744.3
1,600
6,917
6,500
7,088
7,000 1,918.9 1,915.5
1,800
US$/mt
Black Pepper
7,500
5,965
Cocoa
2,000
6,085
4 May 8 May 18 May 25 May 1 June 8 June 14 June 22 June 29 June 6 July 13 July 20 July
6,730
560
1,900
1,342.5 1,316.0 1,314.5
1,300
6,900
US$/mt
635.5
11.7 11.5
11.5 11.2
69.7
70.7
73.1 73.8
71.3
71.0 67.9
65
70.5
68.6 65.8
65.7
65.1
11.1
11.0 11.0
10.5
60
55 Crude Petroleum (WTI)/bbl
10.0 4 May 11 May 18 May 25 May 1 June 8 June 15 June 22 June 29 June 6 July 13 July 20 July
Crude Petroleum (Brent)/bbl
50
4 May 11 May 18 May 25 May 1 June 8 June 15 June 22 June 29 June 6 July 13 July 20 July
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
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Tel: +603 - 8000 8000
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Commodity Price Trends
42.016.5
41.9 6.5 52.0
4 May 11 May 18 May 25 May 1 June 8 June 15 June 22 June 29 June 6 July 13 July 20 July
16.6
42.0 41.7
300
11,972
13,938
13,596
13,393
11,495
11,336
11,216
10,890
10,643
66.10
65.75
70.35
77.46
76.34
72.25 64.24
61.66
71.53
76.07 67.74
70.22
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May 2017
16.8 16.5
929.0
920.0
16.6
900.0
16.5
16.0 US$/oz
16.3 912.0
904.0
16.4
906.0 904.0
16.4 880.0 16.1
16.1 15.8
15.5
2018
Platinum
940.0
16.3 40.7
9,491
8,932
9,609
9,155
87.65
89.44
30.0
Scrap Iron/MT(Low)
Silver
16.5
888.0 869.0 870.0
860.0
854.0 840.0
848.6
15.5
830.3 829.5
820.0
39.2
800.0
15.0
38.0
10,205
9,971
Scrap Iron/MT (High)
4 May 11 May 18 May 25 May 1 June 8 June 15 June22 June29 June 6 July 13 July 20 July
16.5
40.1
12,865
6,852
6,825
6,799
7,066
50.0
41.9 16.5
310
41.9
40.4
60.0
40.0
17.0
40.2
70.0
330.0 330.0 330.0
320
41.0
39.0
6,834
340.0 340.0
16.8
41.5
6,827
5,720
5,684
5,600
350.0 350.0
42.4 41.9
6,808
5,985
5,941
5,825
350.0 350.0 350.0 350.0 350.0
41.7
Gold
80.0
370.0 370.0 375.0 375.0 375.0 375.0 375.0
57.48
350
330
43.0
US$/ tonne
6,486 US$/mt
US$/t
56.6
54.0
US$/oz
90.0
340
56.0
40.0
16.8
360
58.0
42.3
390.0 390.0 390.0 390.0 390.0
370
61.0
2018
Iron Ore
100.0
380
62.3
2017
Scrap Iron
390
58.3
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
2018
64.6
59.6
56.6
7,000
2017
63.8
61.0
8,000
62.43
61.0
9,000
80.41
61.2
10,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
400
16.8
60.0
Silver
2018
64.4
11,000
4,000
Coal
62.0
5,755
US$/ tonne
2017
7,007
2,300
2,069
4,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
64.0
5,500
13,000 12,000
6,000
5,000
1,400
6,577
2,182
2,080
2,131
2,096
1,903
1,885
1,921
6,500
Gold
66.0
14,000
7,000
US$/dmtu
1,500
42.0
15,000
US$/oz
1,600
1,913
1,800
1,861
1,900
1,901
2,030
2,000
1,791
US$/ tonne
2,100
2,097
2,210
2,200
2,255
2,300
1,700
Nickel
Copper 7,500
14,366
Aluminium 2,400
780.0 37.0
14.5 4 May 11 May 18 May 25 May 1 June 8 June 15 June 22 June 29 June 6 July 13 July 20 July
40.7
4 May 11 May 18 May 25 May 1 June 8 June 15 June 22 June 29 June 6 July 13 July 20 July
760.0 4 May 11 May 18 May 25 May 1 June 8 June 15 June 22 June 29 June 6 July 13 July 20 July
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.
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Happy Retirement... "Work for a cause, not for applause. Live life to express, not to impress. Don’t strive to make your presence noticed. Just make your absence felt."
23 July 2018
Datuk Khoo Boo Seng
Former Senior Director Strategic Planning Ministry of International Trade & Industry
May you be blessed with many more fulfilling journeys ahead!
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of Technical Terms MRO
Maintenance, repair and overhaul - includes preservation, and the replacement of parts the sub- sector under MRO consist of airframe heavy maintenance, line maintenance, modification, engine overhaul and component MRO.
MRT
Meeting of APEC Ministers Responsible for Trade - the first meeting was held in October 1994 in Jakarta, Indonesia as a follow-up to the decision of the APEC Ministerial Meeting in Seattle, United States, 1993. The meeting has been held annually since 1996, to strengthen the multilateral trading system and the trade and investment liberalization and facilitation process of APEC. In recent years, Ministers have discussed issues on anti-corruption, human security, publicprivate partnership, and economic and technical cooperation. MITI Minister represents Malaysia as MRT at APEC.
MSA
Malaysia Steel Association - The association was launched on 2 November 2010 with the objective of upholding the interests of upstream steel companies, consolidating their strengths and providing a platform for the exchange of knowledge to achieve mutual goodwill, cooperation and unity for the benefit of all members in the Malaysian steel industry.
MSC
Malaysia Steel Council - The Malaysia Steel Council was established in 2012 and is chaired by YB Minister MITI. The objectives of MSC are to oversee, develop and continuously align the implementation milestones and roadmap including governance mechanism, towards ensuring the competitiveness of the iron and steel industry in Malaysia.
MSDC
Malaysia Services Development Council - Meeting as a platform to address cross cutting policy issues on services. Working with MPC and other stakeholders in addressing regulatory and institutional barriers. Participation in the services studies and implementation of identified key recommendations of selected services studies, such as Services Blueprint, Logistic and trade facilitation masterplan and other related studies.
MSI
Malaysia Steel Institute – The Malaysia Steel Institute (MSI) is an industry driven institute under MITI. MSI’s role among others, is to collaborate with the Government in planning the growth and development of the iron and steel industry.
MSPC
Malaysian Services Provider Confederation - To be the sole platform for formulating common strategies, networking at national, regional and international levels for service sectors; To promote and stimulate demand for services – professional, business and others; To accelerate the growth of the services sector by: Enhancing the competitiveness, productivity and efficiency of the sector, Developing the capacities and capabilities for the sector, Positioning Malaysia to be a regional centre of excellence for those established and maturing sub-sectors, Engaging with the authorities, in the spirit of Malaysia Inc., to create a more conducive business environment for investments and export of services. Outreaching, nurturing and partnering constituent member organizations in strengthening institutional support in both development and promotion.
MTFTA
Malaysia-Turkey Free Trade Agreement Source: http://www.miti.gov.my/index.php/glossary
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Announcement
For more information, kindly click the following links: http://www.miti.gov.my/miti/resources/Approve%20Permit/AP%20Announcement/Lampiran_GP_Classic_and_
For more information, kindly click the following links: http://www.miti.gov.my/index.php/pages/view/4761Vintage_English.pdf
Issuance of APEC Business Travel Card is temporarily suspended Immigration Department of Malaysia has issued a notice that due to unavoidable circumstances, the issuance ofAPEC Business Travel Card is temporarily suspended andABTC card will not be printed for approved applicants until further notice (Kindly refer: http://www.imi.gov.my/index.php/en/resources-and-archives/announcement/1784-notice-of-apec-card-production-suspended-time.html).
The seminar is intended to promote better compliance of export control and effective implementation of the Strategic Trade Act 2010 (STA). This seminar which is expected to host 250 representatives from government agencies and various industries in Malaysia will be a platform to provide guidance on the latest developments and initiatives by the relevant authorities in Malaysia and United States of America. Should you wish to participate, kindly register your attendance at this link: https://docs.google.com/ forms/d/e/1FAIpQLSfWwbLEktIGm3OvoE5UJMdzvbq4X5ymttWg6TBVnS2pTrQwwQ/formResponse Please note that registration will be closed by Wednesday, 25 July 2018. You may contact Ms. Nur Liyana Alwi (email:
[email protected]) or Ms. Alice Simbun (email:
[email protected]) for further inquiries.
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Announcement
Tentative Schedule for MITI Pocket Talk 2018 No. 1
Date 8-Aug
Venue MITI HQ
2
15-Aug
MITI Perak
• • •
3
19-Sep
MITI Pahang
•
4
17-Oct
MITI HQ
•
5
14-Nov
MITI Sabah
•
6
5-Dec
MITI HQ
•
7
12-Dec
MITI Sarawak
•
Topic Introduction Preferential Certificate of Origin (PCO) Updates on RCEP Introduction to FTA & Preferential Certificate of Origin (PCO) Introduction to FTA & Preferential Certificate of Origin (PCO) Introduction to FTA & Preferential Certificate of Origin (PCO) Introduction to FTA & Preferential Certificate of Origin (PCO) Introduction to FTA & Preferential Certificate of Origin (PCO) Introduction to FTA & Preferential Certificate of Origin (PCO)
Please click here to register
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MITI Jakarta Name Designation Contact No Email
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