MITI in the News SDSI Jana Jualan RM110 Juta Weekly Bulletin/MITI... · “Tujuan kita mengadakan...

“DRIVING Transformation, POWERING Growth”

Utusan Online, 7 Disember 2015

SDSI Jana Jualan RM110 JutaMITI in the News

Program Bertemu Pelanggan yang julung kali diperkenalkan menerusi Showcase Satu Daerah Satu Industri (SDSI) 2015 pada 6 Disember 2015 di Melaka berjaya menjana jualan bernilai RM110 juta. Inisiatif yang diperkenalkan Kementerian Perdagangan Antarabangsa dan Industri itu melibatkan 83 syarikat bumiputera tempatan dan disertai oleh 21 pelabur dari luar negara termasuk Hong Kong, China, Myanmar, Afrika Selatan, Indonesia, Arab Saudi, Filipina dan Thailand.

Menteri Perdagangan Antarabangsa dan Industri, Dato’ Sri Mustapa Mohamed berkata, program yang telah diadakan sejak 3 Disember lalu itu melibatkan pelbagai kategori produk termasuk makanan dan minuman, kesihatan dan kecantikan serta kraf tangan.

“Tujuan kita mengadakan program ini adalah untuk memudahkan usahawan-usahawan bumiputera dari luar bandar supaya mereka menerokai pasaran dunia bukan setakat di Malaysia. Jualan RM110 juta yang dicatatkan 83 syarikat ini merupakan satu kejayaan yang harus dibanggakan,” katanya dalam sidang akhbar selepas merasmikan Showcase SDSI 2015 yang disertai 471 pempamer dari dalam dan luar negara di Pusat Dagangan Antarabangsa Melaka (MITC), Ayer Keroh di sini semalam. Turut hadir sama ialah Ketua Menteri Melaka, Datuk Seri Idris Haron.

Showcase SDSI yang diadakan selama empat hari bermula 3 Disember lalu, terbahagi kepada empat kluster utama iaitu makanan dan minuman, inap desa, produk kesihatan dan kecantikan serta kraf tangan.Satu kluster baharu iaitu per khid matan turut diperkenalkan tahun ini, melibatkan 20 syarikat yang menawarkan perkhidmatan logistik, pembersihan, penyelenggaraan kenderaan, teknologi maklumat dan komunikasi (ICT), penyediaan latihan dan kemahiran jahitan serta busana. Dalam perkembangan lain, kata Mustapa, kementerian telah bekerjasama dengan Perbadanan Pembangunan Multimedia (MDeC) bagi mewujudkan jaringan pemasaran produk dan perkhidmatan SDSI seca ra dalam talian.

Katanya, pada tahun ini kluster inap desa terpilih untuk dipasarkan secara dalam talian dan kaedah tersebut akan diperluaskan kepada produk dan perkhidmatan SDSI lain secara berperingkat. “MDeC sudah pun ada rangkai an di seluruh negara tetapi sempena SDSI di negeri ini mereka turut mengadakan kursus bagi peserta inap desa baharu. Ini satu kaedah yang terbaik dan contoh kecil bagaimana kita boleh tingkatkan perniagaan menggunakan kaedah baharu,” katanya.

MITI Weekly Bulletin / www.miti.gov.my


Trade Performance, January - October 2015

Source : Department of Statistics, Malaysia

MALAYSIATrade Summary

Total Trade

RM1,212.0bJanuary-October 2015

RM1,206.3bJanuary-October 2014

0.5%y-o-y growth

Exports

RM644.0bJanuary-October 2015


1.5%y-o-y growth

Imports



-0.7%y-o-y growth

Trade Performance, January 2014 - October 2015

64.1

58.9

64.9

66.2

64.8

61.2

61.1

63.9

64.5

65.0

63.6

67.4

63.6

53.2

66.5

60.4

60.5

64.3

63.2

66.5

70.2

75.8

57.6

48.5

55.4

57.5

59.2

57.1

57.5

60.0

55.2

63.9

52.6

58.5

54.6

48.6

58.6

53.5

54.9

56.3

60.9

56.3

60.5

63.7

121.7

107.4

120.3 123.7

123.9

118.3 118.5

123.9

119.7

128.9

116.2

125.8

118.3

101.8

125.1

113.9 115.4 120.5

124.1 122.8

130.6

139.5

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

2014 2015

Exports Imports Total Trade

Trading Partners Major Destinations Major Sources

15.6%* 13.0%* 8.8%* 13.9%* 13.0%* 9.4%* 18.7%* 12.0%* 8.1%*

Note : * Percentage share

83.6%Manufactured Goods

7.4%Agriculture Goods

7.7%Mining Goods

1.3%Others



10.6%Mining Goods

0.6%Others



4.5%Mining Goods

2.2%Others

By Sectors* By Sectors* By Sectors*

(RM billion)



7.2

9.5

0.6

5.0

11.8

9.0

(0.7)

7.6

1.1

9.1

0.1

4.1

(5.1)

0.3 5.8

(6.9) (7.1)

(1.5)

5.9

(6.1)

9.6

(0.4)


2014 2015

Y-o-Y Growth(%)

Total ImportsValue in RM billion)

571.9 568.0


Export and Import Performance, January - October 2015

EXPORTPERFORMANCE

Manufactured Goods

Mining Goods

Agriculture Goods

Others

515.9

68.3

56.1

3.8

485.4

86.5

58.2

4.3

E & E Products

Chemicals & Chemical Products

Petroleum Products

LNG

Palm Oil & Palm-Based products

230.0

45.9

45.0

39.2

38.1

209.8

42.5

60.2

52.7

40.7

By Sector Top 5 Products(RM billion)

IMPORTPERFORMANCE

Manufactured Goods

Agriculture Goods

Mining Goods

Others

497.2

33.1

25.3

12.3

492.4

29.9

37.1

12.5

E & E Products


Petroleum Products

Machinery, appliances & parts

Manufactures of Metal

166.1

53.6

53.2

49.3

37.2

159.1

52.0

69.3

47.6

33.5

12.2

12.3

8.1

18.6

16.3

8.0

0.7 1.7 1.9

(3.3)

1.9 2.2

(0.7)

(9.8)

2.4

(8.8)(6.6)

5.0

3.5 4.1

8.8

16.7


2014 2015

Y-o-Y Growth(%) Total Exports

(Value in RM billion)

634.5 644.0

By Sector Top 5 Products(RM billion)

0 50 100 150 200

E & E Products


Petroleum Products



166.1

53.6

53.2

49.3

37.2

159.1

52.0

69.3

47.6

33.5

Jan - Oct 2015 Jan - Oct 2014Note:

0 50 100 150 200

E & E Products


Petroleum Products



166.1

53.6

53.2

49.3

37.2

159.1

52.0

69.3

47.6

33.5

Jan - Oct 2015 Jan - Oct 2014Note:



MITI’s ASEAN Portal can be accessed via http://aec2015.miti.gov.my/

and You’‘Malaysia Trade with ASEAN,

January - October 2015

89.7

36.7

24.0

14.110.9

2.3

2.3

0.70.04 68.1

34.0

25.3

15.35.5

0.6

0.5

0.010.5


Total Exports: RM180.8b

Total Imports: RM149.9b

Note : Exports value Imports value

(Value in RM billion)

Sing

apor

e

Thailand

Indonesia

Viet N

amPh

ilipp

ines

Myanmar

Brunei

Lao PD

R

Cambodia



US Trade Per formance, October 2015

Import of Goods: US$186.8b ( 0.5%) m-o-m growth

Export of Goods: US$123.8b ( 2.5%) m-o-m growth

Export of Services: US$60.3b ( 0.7%) m-o-m growth

Import of Services: US$41.1b ( 0.7%) m-o-m growth

Trading Par tners in Goods, October 2015

South & Central America 3.6OPEC 1.0Australia 1.1Hong Kong 2.4Singapore 0.8

Trade SurplusUS$ billion

China 33.0EU 13.3Germany 6.6Mexico 6.4Japan 5.6

Trade Deficit

Source : US Bureau of Economic Analysis

US Global Trade (Goods & Ser vices)18

9.0

185.

9

186.

8

188.

4

187.

1

186.

9

188.

2

184.

2

186.

8

184.

1232.

6

224.

4

238.

9

231.

8

230.

5

233.

2

230.

7

233.

0

229.

2

228.

0

421.6 410.3425.7 420.2 417.6 420.1 418.9 417.1 416.0 412.0

0

50

100

150

200

250

300

350

400

450

Jan Feb Mar Apr May Jun Jul Aug Sep Oct

US$ billion


US Trade with Malaysia (Goods)

1.0

0.9 1.

2

1.0

1.0 1.

2

1.1

1.0

1.0

1.0

2.6

2.2

2.9 3.

0

2.9

2.7 2.

9

3.0

2.9

2.9

3.6

3.2

4.1 4.1 4.0 3.9 4.0 4.0 3.9 4.0

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

Jan Feb Mar Apr May Jun Jul Aug Sep Oct

US$ billion


International Repor t

US$ billion



10 Most Outrageously Expensive

Cities on Earth

New York City Zurich

Geneva Oslo

London Hong Kong Chicago

Copenhagen Sydney Tokyo

To create this list, UBS looked at the prices for a basket of 122 goods and services (these were items that a European three-person household commonly buys/consumes in a month including food and clothing and were weighted to reflect frequency of consumption), as well as rents in the area. Rents were determined using three different types of apartments: Furnished two-room apartment, unfurnished three-room apartment, and a newly built apartment; rent prices included utilities but not the use of a garage.

Source: http://www.marketwatch.com/story/10-most-outrageously-expensive-cities-on-earth-2015-09-23

1 2

3 4

5 6 7

8 9 10



Source: Ministry of International Trade and Industry, Malaysia

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)

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)

MTFTA: Malaysia-Turkey Free Trade Agreement (Implemented since 1 August 2015)

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

MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008)MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006)

11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov 22 Nov 29 NovAANZFTA 88 197 106 296 21 102 126 95AIFTA 182 147 124 174 183 91 130 155AJCEP 102 46 65 86 76 64 89 66

0

50

100

150

200

250

300

350

RM

mill

ion

11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov 22 Nov 29 NovATIGA 849 1,660 805 613 1,260 602 840 915ACFTA 645 602 878 579 1,047 873 653 792AKFTA 659 108 1,065 192 176 778 176 383

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

RM

mill

ion

11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov 22 Nov 29 NovMICECA 44.26 38.35 45.15 46.96 49.83 27.64 42.75 44.69MNZFTA 0.10 0.06 0.66 0.17 0.30 0.19 0.02 0.23MCFTA 30.17 9.81 44.95 6.46 9.09 4.27 5.55 12.11MAFTA 44.61 35.02 55.22 34.41 58.75 68.08 47.18 63.78

0

10

20

30

40

50

60

70

80

RM m

illio

n

11 Oct 2015 18 Oct 2015 25 Oct 2015 1 Nov 2015 8 Nov 2015 15 Nov 2015 22 Nov 2015 29 Nov 2015AANZFTA 875 815 1,003 802 204 859 1,013 870

AIFTA 643 569 546 736 688 477 652 593

AJCEP 250 122 194 236 238 165 185 175

ATIGA 4,481 3,871 4,774 3,817 4,986 3,461 4,675 4,591

ACFTA 1,552 1,276 1,479 1,551 1,607 1,218 1,319 1,611

AKFTA 837 576 1,001 886 806 642 878 875

MICECA 338 235 309 314 306 213 316 252

MNZFTA 10 2 7 7 14 10 2 9

MCFTA 71 58 82 44 76 30 58 69

MAFTA 481 421 560 366 603 287 529 466

MJEPA 679 799 871 807 909 720 860 873

MPCEPA 113 150 172 134 175 130 116 119

GSP 103 127 146 123 150 77 169 81

MTFTA 217 125 209 160 223 124 162 208

11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov 22 Nov 29 NovMJEPA 112 117 177 126 148 113 154 151MPCEPA 12 24 37 24 38 17 23 15GSP 44 24 30 26 27 22 29 15MTFTA 147 42 99 150 100 121 86 139

0

20

40

60

80

100

120

140

160

180

200

RM m

illio

n

Value of Preferential Certificates of Origin

Number and Value of Preferential Certificates of Origin (PCOs)Number of Certificates (Provisional data)

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

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



Malaysian Ringgit Exchange Rate with US Dollar and Pound Sterling

Source : Bank Negara Malaysia

5.005.205.405.605.806.006.206.406.606.80

3.00

3.20

3.40

3.60

3.80

4.00

4.20

4.40

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

2014 2015

USD = RM GBP = RM

GBP = RM 6.56

USD = RM 4.31

14.8

14.3

13.0

13.5

14.0

14.5

15.0

15.5

16.0

16.5

31 Ju

l7

Aug

14 A

ug21

Aug

28 A

ug4

Sep

11 S

ep18

Sep

25 S

ep2

Oct

9 Oc

t16

Oct

23 O

ct30

Oct

6 No

v13

Nov

20 N

ov27

Nov

4 De

c

US$/Oz Silver

984.0

861.0

800.0

850.0

900.0

950.0

1,000.0

1,050.0

31 Ju

l7

Aug

14 A

ug21

Aug

28 A

ug4

Sep

11 S

ep18

Sep

25 S

ep2

Oct

9 Oc

t16

Oct

23 O

ct30

Oct

6 No

v13

Nov

20 N

ov27

Nov

4 De

c

US$/Oz Platinum

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

http://online.wsj.com/mdc/public/page/2_3023-cashprices.html?mod=topnav_2_3023

Gold Prices, 31 July - 4 December 2015

Silver and Platinum Prices, 31 July - 4 December 2015

35.3

34.7

33.0

34.0

35.0

36.0

37.0

38.0

39.0

31 Ju

l

7 Au

g

14 A

ug

21 A

ug

28 A

ug

4 Se

p

11 S

ep

18 S

ep

25 S

ep

2 Oc

t

9 Oc

t

16 O

ct

23 O

ct

30 O

ct

6 No

v

13 N

ov

20 N

ov

27 N

ov

4 De

c

US$/Gram Gold



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 n.a Not availble

Sources: 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.

Highest and Lowest Prices, 2014/2015

Lowest (US$ per bbl)

Highest(US$ per bbl)

Crude Petroleum (4 Dec 2015)

US$40.0 per bbl

201413 June 2014: 107.6

201426 Dec 2014: 54.6

201529 May 2015: 60.3

20154 Dec 2015: 40.0

Lowest (US$ per MT)

Highest(US$ per MT)

Crude Palm Oil (4 Dec 2015)

US$552.5 per MT

201414 Mar 2014: 982.5

201426 Dec 2014: 664.0

201516 Jan 2015: 701.0

20154 Sep 2015: 500.5

Steel Bars(per MT)

RM1,450 - RM1,550

Average Domestic Prices, 27 Nov 2015

Billets(per MT)

RM1,200 - RM1,300

CommodityCrude

Petroleum (per bbl)

Crude Palm Oil (per MT)

Sugar (per lbs.)

Rubber SMR 20(per MT)

Cocoa SMC 2

(per MT)

Coal(per MT)

Scrap Iron HMS

(per MT)4 Dec 2015

(US$) 40.0 552.5 15.5 1,176.0 2,052.6 46.5 190 (high)170 (low)

% change* 4.2 1.7 3.4 1.6 1.6 0.2 unchangedunchanged

2014i 54.6 - 107.6 823.3 352.3 1,718.3 2,615.8 59.8 370.0

2013i 88.1 - 108.6 805.5 361.6 2,390.8 1,933.1 .. 485.6

Commodity Prices



Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.

Commodity Price Trends

529.5

522.0

553.5

584.0 586.0

580.0

566.5

558.5565.0

543.5 543.0

552.5

480

500

520

540

560

580

600

18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec

US$

/mt

Crude Palm Oil

2,021.6

2,044.3

2,009.8

1,910.4

2,034.5

2,030.2

2,084.1

2,064.32,052.5

2,058.6

2,056.7

2,020.22,052.6

1,850

1,900

1,950

2,000

2,050

2,100

2,150

11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec

US$

/mt

Cocoa

11.7

12.4

13.5

14.3 14.3 14.314.5 14.5

15.015.3

15.0

15.5

9

10

11

12

13

14

15

16


US$

/lbs

Sugar

1,250.5

1,262.5

1,243.5

1,279.5

1,280.5

1,262.5

1,231.5

1,172.5

1,197.0

1,183.5

1,158.0

1,176.0

1,150

1,170

1,190

1,210

1,230

1,250

1,270

1,290

1,310


US$

/mt

Rubber SMR 20

5,740

5,779 5,843

6,245

6,469 6,515

6,864

7,822

7,707

7,967

7,894 7,806

7,591

7,286 7,267

7,853

7,148 7,063

7,296

6,742

6,940 7,029

6,963

7,088

5,000

5,500

6,000

6,500

7,000

7,500

8,000

8,500

Jan

Feb

Mar Apr

May Jun Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar Apr

May Jun Jul

Aug

Sep

Oct

Nov

Dec

2014 2015

USD

/ to

nne

Black Pepper

* until 4 December 2015

44.6 44.7

45.7 45.5

49.6

47.3

44.6

46.6

44.3

40.7 40.4

41.7

40.0

48.147.5

48.648.1

52.7

50.5

48.0

49.6

47.4

43.6

44.7 44.9

43.0

35

37

39

41

43

45

47

49

51

53

55

11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct 6 Nov 13 Nov 20 Nov 27 Nov 4 Dec

US$

/bbl

Crude Petroleum

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



Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.

Commodity Price Trends

1,727

1,695 1,705

1,811

1,751

1,839

1,948

2,030

1,990

1,946

2,056

1,909

1,815

1,818

1,774

1,819

1,804

1,688

1,640

1,548

1,590

1,516

1,400

1,500

1,600

1,700

1,800

1,900

2,000

2,100

2,200

Jan

Feb

Mar Apr

May Jun Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar Apr

May Jun Jul

Aug

Sep

Oct

2014 2015

US$

/ to

nne

Aluminium

14,101 14,204

15,678

17,374

19,401

18,629

19,118

18,600

18,035

15,812 15,807

15,962

14,849

14,574

13,756

12,831

13,511

12,825

11,413

10,386 9,938

10,317

9,000

11,000

13,000

15,000

17,000

19,000

Jan

Feb

Mar Apr

May Jun Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar Apr

May Jun Jul

Aug

Sep

Oct

2014 2015

US$

/ to

nne

Nickel

270.0

260.0

250.0 250.0

240.0

230.0 230.0

210.0

195.0190.0 190.0 190.0

250.0

230.0 230.0 230.0

220.0

210.0 210.0

195.0

175.0170.0 170.0 170.0

160

180

200

220

240

260

280

3 Jul 24 Jul 7 Aug 14 Aug 28 Aug 11 Sep 25 Sep 9 Oct 30 Oct 6 Nov 20 Nov 27 Nov

US$

/mt

Scrap Iron

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

7,291

7,149

6,650 6,674

6,891

6,821

7,113 7,002

6,872

6,737

6,713

6,446

5,831

5,729

5,940 6,042

6,295

5,833

5,457

5,127 5,217

5,216 5,000

5,200

5,400

5,600

5,800

6,000

6,200

6,400

6,600

6,800

7,000

7,200

7,400

Jan

Feb

Mar Apr

May Jun Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar Apr

May Jun Jul

Aug

Sep

Oct

2014 2015

US$

/ to

nne

Copper

46.9 46.9

46.6

46.4

46.4

46.2

46.4

46.2

46.3

46.0

46.646.5

45.4

45.6

45.8

46.0

46.2

46.4

46.6

46.8

47.0


US$

/mt

Coal

128.1

121.4

111.8

114.6

100.6

92.7

96.192.6

82.4

81.0

74.0

68.0

68.0

63.0

58.0

52.0

60.063.0

52.0

56.0 57.0

53.0

40.0

50.0

60.0

70.0

80.0

90.0

100.0

110.0

120.0

130.0

140.0

Jan

Feb

Mar Apr

May Jun Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar Apr

May Jun Jul

Aug

Sep

Oct

2014 2015

US$/

dmtu

Iron Ore



The Boy Who Wanted to FlyAs a little boy, Ismail bin Asha’ari frequently visited his father who worked at the RAF in Changi, Singapore. It was here that he developed his life-long dream - a dream that became an ambition as he grew up - to fly planes! After finishing his studies at the Royal Military College, he applied to join the Air Force. Sadly, he failed his physical examination - his eyesight had let him down. As a result of this setback he decided to further his studies. Ismail did very well and was able to rise up the corporate ladder. He rose to the position of CEO in a large

Systematic Aviation Services Sdn. Bhd.SAS Hangar, Sultan Abdul Aziz Shah Airport, 47200 Subang, Selangor.Phone: 603-7846 9015 Email: [email protected] Web: www.sassb.com.my

Systematic Aviation Services Sdn Bhd

Malaysian transportation company, but his entrepreneurial fire as well as his childhood dreams never faded. Though he was unable to fly as a professional pilot, he joined the Royal Selangor Flying Club in order to fulfill his dreams of flying. He was able to obtain a Private Pilot’s Licence and was finally able to fly. However though his dream had been reached, his entrepreneurial spirit told him that there was more to achieve. And so at the age of 44 he decided to start his own business in the aviation industry.

There were numerous hurdles in his way, he even had problems finding an office space at the Subang Airport. He finally settled this problem when he obtained permission to convert a small toilet into an office. And thus was the way his company first started out, in humble circumstances. With a team of 5, the company ventured into aircraft maintenance services, initially doing work for the Royal Selangor Flying Club and other small jobs. As with many other company first starting out, the company faced numerous challenges, especially cashflow problems. Ismail had to resort to credit card loans to pay his employees. Determination and love for the business gave Ismail the strength to survive the early years, and the company finally made its first breakthrough after 2 years in business when it was awarded the contract to provide aircraft maintenance services to the Department of Civil Aviation.

With a stable income flow, the company was able to plan for its growth. In 2007, the company needed to raise a Performance Bond of RM 315,000.00 for a large contract. Finding difficulty in talking to the commercial bankers, Ismail approached SME Bank. And the rest is history. SME Bank was able to provide Ismail’s company with the performance bond, and has been there ever since to support Ismail and his company. In 2011 the company obtained a loan of RM15million to purchase a Bell 429 helicopter. In 2013 SME Bank gave the company another loan of RM8 million for the purchase of a Bell 407, and in 2014, a further RM22 million for purchasing new aircraft. The company was also able to call on the expert advisory assistance that SME Bank provides, which was instrumental in helping the company build its solid foundations, and allow Ismail to fulfill dream and ambitions in soaring fashion.

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MITI ProgrammeShowcase Satu Daerah Satu Industri (SDSI) 2015,

3 - 6 December 2015, Melaka



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@ YOUR SERVICE

Name : Awang Hafifudin Bolkiah Awang Hasmadi Designation : Principal Assistant DirectorJob Description : Coordinate, strengthen and monitor initiatives /activities related to services sector development and liberalization Division : Services Sector DevelopmentContact No : 603-6200 0550Email : [email protected]

Name : Darshini Subramaniam Designation : Senior Assistant DirectorJob Description : Coordinate & monitor the implementation of policies & strategies related to the Environment, Technology & Innovation, Human Capital & Intellectual Property RightsDivision : Trade and Industry Related Emerging IssuesContact No : 603-6203 5726Email : [email protected]

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