Inflation Rate (%), January 2013 - August 2014year-on-year change of the consumer price index

MALAYSIA

1.31.5 1.6 1.7 1.8 1.8

2.0

1.9

2.62.8 2.9

3.23.4 3.5 3.5 3.4

3.2 3.3 3.2 3.3

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

2013 2014

Food Inflation Rate (%)year-on-year change of the consumer price index

Source : Department of Statistics, Malaysia

4.3

4.0 4.0

3.4 3.4

3.6

3.1

3.4

Rice, Bread & Other Cereals1.1%

Milk & Eggs3.7%

Oils & Fats0.1%

Fruits3.1%

Vegetables4.2%

Sugar, Jam, Honey Choc. & Confectionary

8.1%Jan Feb AugJulJunMayAprMar

2014

August 2014 3.4%

Fish & Seafood3.9%

Meat2.9%

MITI Weekly Bulletin/ www.miti.gov.my

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Note: * Includes PutrajayaSource : Department of Statistics, Malaysia

GDP by State, 2012 and 2013

186.5

122.1

74.9

72.3

55

45.8

41.8

32.5

28.7

26.4

22.6

20.6

14

3.6

3.5

176.4

114.3

71.9

68.9

52.6

44.5

39.7

30.8

27.7

25.3

21.9

19.6

13.5

3.5

3.2

0 20 40 60 80 100 120 140 160 180 200

Selangor

Kuala Lumpur F.T*

Sarawak

Johor

Penang

Sabah

Perak

Pahang

Negeri Sembilan

Kedah

Melaka

Terengganu

Kelantan

Perlis

Labuan F.T

2013

2012

RM billion

National GDP (at constant prices)2012: RM751.9 bil.2013: RM787.6 bil.

Growth (y-o-y): 4.7%

Total Services

RM434.5 bil.

Total ManufacturingRM193.2 bil.

Top Five GDP in Services Sector by State, 2013

Top Five GDP in Manufacturing Sector by State, 2013

Kuala Lumpur F.T*RM109.1b Selangor

RM109.7b

JohorRM35.2b

SarawakRM27.8b

PerakRM26.4b

SelangorRM57.4b

PenangRM26.3b

JohorRM24.4b

SarawakRM19.9b

Negeri SembilanRM13.5b

MITI Weekly Bulletin/www.miti.gov.my

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Source: www.statista.com

Number of Smartphones Sold, 2007-2013

122.3 139.3 172.4

296.7

472.0

680.1

967.8

2007 2008 2009 2010 2011 2012 2013

Number of smartphones sold to end users worlwide (in million units)

The first smartphones came into the market in the late 1990s, offering features such as email communication, text-based web-browsing,

QUERTY keyboards and in-built cameras. The first smartphone as we know it today, with a HD touchscreen, countless apps and high-speed internet on the go, was introduced by Apple in 2007 with the launch of the iPhone.

Number of Cellular Telephone Subscriptions in Malaysia, Q1 2014

Total43.1 million 7.9

million 35.2 million

Source: Malaysian Communications and Multimedia Commission

Top 10 Mobile Phone Manufacturers in 2013 (sales in million of units)

444.4

250.8

150.8

69.0

59.9

53.3

49.5

45.3

37.6

32.6

Source: mobilethinking.com/mobile-marketing-tools/latest-mobile-stats

MITI Weekly Bulletin/www.miti.gov.my

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18

20

22

24

26

28

30

35

36

37

38

39

40

41

42

43

44

45

3 Jan 10 Jan 17 Jan 24 Jan 30 Jan 7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr 2 May 9 May 16 May 23 May 30 May 6 Jun 13 Jun 20 Jun 27 Jun 4 Jul 11 Jul 18 Jul 1 Aug 8 Aug 15 Aug 22 Aug 29 Aug 5 Sep 12 Sep

Source : http://www.gold.org/investments/statistics/gold_price_chart/

Silver

Gold

US$/MT

Gold (US$/gramme) Silver (US$/oz)

Source : http://econ.worldbank.org

Malaysian Ringgit Exchange Rate with Singapore Dollar and South Korean Won, January 2013-August 2014

Gold and Silver Prices, 3 January-12 September 2014

Aluminium, Nickel and Copper Prices, January 2013-August 2014

0

5000

10000

15000

20000

Jan 13 Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sep 13 Oct 13 Nov 13 Dec 13 Jan 14 Feb 14 Mar 14 Apr 14 May 14 Jun 14 Jul 14 Aug 14

Aluminium Copper Nickel US$18,600

US$7,002

US$2,030

Source : Bank Negara Malaysia

0.24

0.26

0.28

0.30

0.32

0.34

2.35

2.40

2.45

2.50

2.55

2.60

2.65

Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar Apr May June July Aug

2013 2014

Singapore Dollar (SGD) South Korean Won (KRW100)

100 KRW = RM 0.31

1 SGD = RM 2.55

MITI Weekly Bulletin/www.miti.gov.my

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Weekly Number and Value of Preferential Certificates of Origin (PCOs)

Source: Ministry of International Trade and Industry, Malaysia

Number of CertificatesValue of Preferential Certificates of Origin

AJCEP: ASEAN-Japan Comprehensive Economic Partnership (Implemented since 1 February 2009)

ACFTA: ASEAN-China Free Trade Agreement (Implemented since 1 July 2003) AKFTA: ASEAN-Korea Free Trade Agreement (Implemented since 1 July 2006)

AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement(Implemented since 1 January 2010)

AIFTA: ASEAN-India Free Trade Agreement (Implemented since 1 January 2010)

ATIGA: ASEAN Trade in Goods Agreement (Implemented since 1 May 2010)

Value of Preferential Certificates of Origin

Number of Certificates

MICECA: Malaysia-India Comprehensive Economic Cooperation Agreement (Implemented since 1 July 2011)

MNZFTA: Malaysia-New Zealand Free Trade Agreement (Implemented since 1 August 2010)MCFTA: Malaysia-Chile Free Trade Agreement (Implemented since 25 February 2012)

Number of Certificates

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

MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008)

Value of Preferential Certificates of Origin

Value of Preferential Certificates of Origin

MAFTA: Malaysia-Australia Free Trade Agreement (Implemented since 1 January 2013)

MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006)

AANZFTA AIFTA AJCEP ATIGA ACFTA AKFTA

27 Jul 2014 796 547 226 4,115 1,418 849

3 Aug 2014 182 178 130 128 461 282

10 Aug 2014 981 552 228 4,202 1,375 697

17 Aug 2014 923 608 183 4,533 1,300 740

24 Aug 2014 921 641 211 4,797 1,541 883

31 Aug 2014 863 617 140 4,295 1,412 689

7 Sep 2014 891 571 240 4,243 1,508 754

14 Sep 2014 1,011 604 267 4,814 1,362 739

MICECA MNZFTA MCFTA MAFTA

27 Jul 2014 243 8 48 4023 Aug 2014 82 1 27 128

10 Aug 2014 310 13 67 46617 Aug 2014 305 4 44 41624 Aug 2014 345 3 84 44931 Aug 2014 323 12 66 3367 Sep 2014 317 3 73 406

14 Sep 2014 315 13 74 364

MJEPA MPCEPA GSP

27 Jul 2014 705 151 1393 Aug 2014 376 30 46

10 Aug 2014 838 161 14917 Aug 2014 659 188 10924 Aug 2014 882 184 18031 Aug 2014 822 160 1457 Sep 2014 877 172 123

14 Sep 2014 782 97 149

27 Jul 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 Sep 14 SepAANZFTA 82 35 98 101 98 89 84 93AIFTA 121 33 145 164 194 161 166 156AJCEP 93 66 88 50 70 82 106 214

0

50

100

150

200

250

RM m

illio

n

27 Jul 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 Sep 14 SepATIGA 643 10 657 4,493 9,254 9,125 710 679ACFTA 624 116 669 354 829 739 632 819AKFTA 244 213 335 138 648 312 144 298

0

2,000

4,000

6,000

8,000

10,000

12,000

RM m

iliio

n

27 Jul 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 Sep 14 SepMICECA 54.12 9.60 54.55 63.28 46.40 54.69 42.14 38.00MNZFTA 0.14 0.14 0.23 0.11 0.03 0.32 0.32 0.24MCFTA 6.38 2.71 8.04 7.37 11.74 8.08 9.47 8.66MAFTA 32.67 9.56 33.85 27.45 36.14 28.93 31.68 25.12

0

10

20

30

40

50

60

70

RM

mill

ion

27 Jul 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 Sep 14 SepMJEPA 128 455 105 108 608 384 137 249MPCEPA 43 8 37 78 24 82 49 36GSP 39 10 82 15 30 23 21 29

0

100

200

300

400

500

600

700

RM m

illio

n

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Crude Petroleum (12 September 2014)

US$93.1 per bbl Crude Palm Oil(12 September 2014)

US$710.1 per MT

Lowest (US$ per bbl)

5 Sep 2014: 91.519 Apr 2013: 88.1

Highest

(US$ per bbl) 13 Jun 2014: 107.6

Sep 2013: 110.2

Highest

(US$ per MT)14 Mar 2014: 982.515 Nov 2013: 925.0

Lowest (US$ per MT)

29 Aug 2014: 693.0 4 Jan 2013: 800.0

12 September 2014 domestic prices for :1. Billets (per MT) : RM1,700 – RM1,750 2. Steel bars (per MT) : RM1,900 - RM2,050

Commodity Price Trends, 8 August-12 September 2014

Highest & Lowest Prices, 2013/2014

Commodity Prices

CommodityCrude

Petroleum (per bbl)

Crude Palm Oil (per MT)

Raw Sugar

(per MT)

Rubber SMR 20(per MT)

Cocoa SMC 2

(per MT)

Coal(per MT)

Scrap Iron HMS

(per MT)12 Sep 2014

(US$) 93.1 710.0 334.8 1,529.0 2,734.8 56.5 380.0 (high)370.0 (low)

% change* 1.7 1.9 0.4 1.5 2.3 unchanged unchangedunchanged

2013i 88.1 - 108.6 805.5 361.6 2,390.8 1,933.1 .. 485.62012i 77.7 - 109.5 1,000.4 473.8 952.5 2,128.9 .. 444.72011i 80.3 - 112.7 1,124.0 647.0 1,348.3 2,644.8 .. 491.0

Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group

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

Source :

8 Aug 15 Aug 22 Aug 29 Aug 5 Sep 12 Sep

Rubber SMR 20/MT 1660.5 1666.5 1647.5 1614.5 1507 1529 Cocoa SMC 2/MT 2,819.4 2,827.0 2,827.0 2,683.0 2,674.2 2,734.8 Crude Palm Oil/MT 792.0 750.0 720.0 693.0 697.0 710.0 Raw Sugar/MT 339.5 340.5 337.5 345.5 333.5 334.8

Rubber SMR 20

Cocoa SMC 2

Crude Palm Oil

Raw Sugar

0

500

1000

1500

2000

2500

3000U

S$/M

T

8 Aug 15 Aug 22 Aug 29 Aug 5 Sep 12 Sep Crude

Petroleum/bbl 95.7 93.8 94.5 94.6 91.5 93.1

Scrap Iron/MT 380.0 380.0 380.0 380.0 380.0 380.0 Iron Ore/MT 140.0 130.0 130.0 130.0 130.0 130.0 Coal/MT 60.0 60.1 59.0 57.2 56.5 56.5

Crude Petroleum

Scrap Iron

Iron Ore

Coal

0

50

100

150

200

250

300

350

400

89

90

91

92

93

94

95

96

97

US$

/MTUS$

/bbl

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MITI Weekly Bulletin/ www.miti.gov.my

Budu Cap Ketereh: Innovative Traditional Food ProductTUMPAT: Traditional food product, ‘budu’, which are usually on sales in bottles, are now available in tubes like in tooth paste through an innovative process.

‘Budu’, a dipping sauce made of fermented anchovies, is popular among the people in the east coast states.

The initiative, undertaken by producer, Budu Cap Ketereh, is via the innovation jointly undertaken by Sirim Bhd and Small And Medium Industries Development Corp.

Budu Cap Ketereh owner, Mat Ismail Jusoh, said he got the inspiration to modernise the packaging of the ‘budu’ after a visit to China years ago.

“After I introduced the packaging in a packet years ago, I received a response from a customer who proposed that the ‘budu’ be filled in a tube for easy usage.

“The packaging in a tube solves the problem the user who wanted to bring the fish sauce overseas because those packed in bottles are not allowed on board the plane,” he told reporters here.

Mat Ismail said this after the launch of the fish sauce factory in Kampung Ketil by Minister of International Trade and Industry, Dato’ Sri Mustapa Mohamed, here Saturday.

He said the ‘budu’ could be packed in 100-millilitre tubes and they were available in the market six months ago.

“I hope that with the modern and clean packaging in tubes it would help entrepreneurs penetrate foreign markets,” he said.

Mat Ismail said this would help reduce the use of bottles in packaging the fish sauce in stages if the response was encouraging.

The 63-year-old entrepreneur said he has been involved in this business for thirty years after a glut of ikan bilis.

“In the initial stage, I only made ‘budu’ in small amount and within a few years, I was able to build a factory which now has 80 workers.

“The factory produces 4,000 bottles a day and recorded sales of RM10 million a year,” he said.

Source : Bernama, 20 September 2014

MITI Weekly Bulletin/www.miti.gov.my

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PROGRAM CSR MITI: GOTONG ROYONG DI BAWAH PERSIMPANGAN BERTINGKAT KE JALAN KHIDMAT USAHA - JALAN DUTA

12 September 2014

MITI Weekly Bulletin/ www.miti.gov.my

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Comments & Suggestions

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Name : AZERAWATI CHE SAPDesignation : Administrative AssistantRegional Office : JohorJob Description : Responsible for processing

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APPLIED TARIFF RATES

The tariff rates imposed by a customs administration when a good crosses the border. These rates are often considerably lower than the bound rates arrived at as a result of trade negotiations or rates listed in national tariff schedules.

Sometimes bound rate or simply binding. The tariff of a WTO member undertakes not to exceed.

BOUND TARIFF RATES

Example:Bound tariff = 30%

Applied tariff = 15%}

Difference = ‘binding overhang’

or‘water’

APPLIED vs. BOUND TARIFF RATES

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MITI Weekly Bulletin/ www.miti.gov.my