Eight Malaysian Firms to Invest RM12b in India - MITI

Eight Malaysian Firms to Invest RM12b in India

Sdn Bhd, Sumwim Solutions Malaysia Sdn Bhd, Highgard Sdn Bhd and China 1st Metallurgical Construction Sdn Bhd.

Seven memoranda of understanding (MoUs) signed Thursday between the Malaysian companies and the Andhra Pradesh Economic Development Board, are expected to create about 8,000 jobs, said Asean-India Business Council Co-Chairman Datuk Ramesh Kodammal. “The value of the MoUs signed today is just a fraction of the business potential between ASEAN and India.

“With a combined population of 1.8 billion people and existence of bilateral trade agreements such as the Asean-India Free Trade Agreement (AIFTA) and Trans-Pacific Partnership (TPP), opportunities in Asean and India abound for our business entities,” he said at the Asean-India Business Leadership Conclave 2016 here Thursday.

The signing of the MoUs was witnessed by Ramesh and International Trade and Industry Minister, Dato’ Sri Mustapa Mohamed. The remaining five sectors that the Malaysian companies are going to invest in are food and beverages, retail, water and sewerage, water treatment plants, biotechnology, and vector control.

Ramesh said there are four other sectors that offers opportunities for Asean businesses in India as well as Indian businesses in Asean, namely the digital economy, infrastructure and logistics, and the small and medium enterprises. Meanwhile, Mustapa said India is becoming the fastest growing economy in the world, and this provides opportunities for external investments. “India, in the past, grew at a rate of 5.0-6.0 per cent. At present, it is about 7.5 per cent. Andhra Pradesh (state) is the star performer at 10.9 per cent (in 2015),” he added.

Bernama 22 July 2016

Eight Malaysian companies will invest US$3 billion (RM12.1 billion) in seven sectors, including renewable energy and biodiesel, in the Indian state of Andhra Pradesh. The companies are Malaysia Biodesel Association, Protasco Bhd, Police Cooperative Organisation, Antah Strategic Services Sdn Bhd, Entogenex Industries

Consumer Price Index (CPI) Malaysia

Source: Department of Statistics, Malaysia

+2.7%

Jan - June 2016114.4

Jan - June 2015111.4

Inflation Rate for Main Groups, January - June 2016/January - June 2015

Year - on - Year

+0.2%June 2016

114.8

May 2015114.6

Month - on - Month

Food & Non-Alcoholic

Beverages+4.3%

Alcoholic Beverages &

Tobacco+21.9%

Clothing & Footwear

+4.3%

Housing, Water, Electricity, Fas &

Other Fuels+2.7%

Furnishings, Household Equipment & Routine Household

Maintenance+3.3%

Health

+3.3%Transport

-4.1%Communication

-0.6%

Recreation Services & Culture

+2.0%Education

+2.3%

Restaurants & Hotels+3.5%

Miscellaneous Goods & Services

+3.9%

+1.6%June 2016

114.8

June 2015113.0


Inflation Rate for Food, January - June 2016/January - June 2015

Rice, Bread & Other Cereals

+1.3%

Meat+2.5%

Fish & Seafood

+7.6%Milk & Eggs

+0.7%Oils & Fats+0.6%

Fruits+6.3%

Vegetables+10.2%

+2.7%

Sugar, Jam, Honey, Chocolate & Confectionery

Food Products+5.9%

Food at Home +4.7%

Food away from Home +4.3%

Inflation Rate

by State, June 2016/June 2015

2.3%

2.0%

2.0%

1.8%

1.5%

1.4%

1.3%

1.2%

1.1%

1.1%

1.1%

0.7%

0.1%

Johor

Pulau Pinang

Kuala Lumpur

Selangor & Putrajaya

Melaka

Negeri Sembilan

Pahang

Kelantan

Kedah & Perlis

Terengganu

Sarawak

Perak

Sabah & Labuan

0

1

2

3

4

5

6

7

Jan

Feb

Mar

Apr

May Jun

Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Mar

Apr

May Jun

Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Mar

Apr

May Jun

Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Mar

Apr

May Jun

Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Mar

Apr

May Jun

Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Mar

Apr

May Jun

2011 2012 2013 2014 2015 2016

Inflation Rate (%)Monthly Food Inflation, January 2011 - June 2016

Food At Home Food - Away From Home

Producer Price Index for Local Production, May 2016


Note: The Producer Price Index (PPI) for local production measures the average change in the prices of com modities charged by domestic producers of an industry

Travel time in car from KL CBD via North South Expressway assuming speeds of 85 km/h

Immigration Expressway to SG CBD

KL CBD toKL Sentral

Waiting time for train

KL city centre to HSR station

Travel time in train (assuming double tracking upgrades)

Immigra-tion

RTS system to SG CBD

KL CBD toKLIA airport

Departure process and waiting

Travel time in plane

Arrival process

Airport toSG CBD

Waiting time

Travel time in train Arrival process

HSR Station toSG CBD

240 mins 30 mins 30 mins

15 mins 15 mins 215 mins 40 mins15 mins

45 mins 55 mins 60 mins 30 mins 30 mins

15 mins 15 mins 90 mins 15 mins 15 mins

and You’‘

High Speed Rail (HSR), Malaysia-SingaporeHS

R Pr

ojec

t

Source: http://www.spad16.primuscore.com/land-public-transport/rail/upcoming-projects/high-speed-rail and http://www.myhsr.com.my/project.php

Buku kecil TPPA di dalam versi PDF boleh di muat turun melalui pautanhttp://fta.miti.gov.my/miti-fta/resources/MITI_TPPA.pdf

International Repor t

Source: National Bureau of Statistics, China

GDP Growth

7.47.5

7.17.2

7.0 7.06.9

6.86.7 6.7

Q12014

Q22014

Q32014

Q42014

Q12015

Q22015

Q32015

Q42015

Q12016

Q22016

Growth Y-o-Y

1H2016: US$5.08 trillion, +6.7%Inflation Rate (CPI)

1.41.6

2.0

1.6

1.31.5

1.61.8

2.3 2.3 2.3

2.01.9

0.0

0.30.5

0.1

-0.3

0.0

0.5 0.5

1.6

-0.4

-0.2

-0.5

-0.1

Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16

Inflation Rate

Y-o-Y M-o-M

1H2016: +2.1%

Fixed-Asset Investment

1H2016: US$3,856 billion, +9.0%

Industrial ProductionJune 2016: +6.2%

China Economic Indicators

Malaysia’s Trade with China, January 2015 - May 2016

Trade 1H2016Total Trade: US$1.661b, -3.3%* Total Exports: US$955b, -2.1%* Total Imports: US$705b, -4.7%*

Major Exports: i. Electronics - US$546.4b, -2.5%*ii. High-tech Products - US$264.6b, -2.3%*iii. Clothing & accessories - US$69.3b, +0.6%*

Major Imports: i. Electronics - US$341.5b, -1.4%*ii. High-tech Products - US$228.9b, -0.3%*iii. Integrated Circuit - US$97.6b, +3.6%*

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May2015 2016

Exports 6.4 5.8 8.3 8.1 8.1 9.7 9.4 9.4 9.1 9.2 9.8 8.4 6.5 6.5 7.8 6.7 7.1Imports 10.9 8.7 8.9 9.8 10.8 11.2 11.3 10.6 12.0 11.8 11.5 11.9 11.7 8.9 10.0 10.8 12.0Total Trade 17.4 14.5 17.2 17.9 18.8 20.9 20.6 20.0 21.0 21.0 21.3 20.3 18.2 15.4 17.8 17.6 19.1

0

5

10

15

20

25

RM b

illio

n

Source : Department of Statistics, Malaysia

US$182.4 billion0.2%*

US$223.5 billion1.5%*

Trade DeficitUS$37.4 billion

Source: U.S. Bureau of Economic Analysis

Trade in Goods and Services

Trade Surplusi. South & Central America : US$2.9 billionii. Hong Kong : US$1.6 billioniii. Australia : US$0.9 billion

Trade Deficiti. China : US$29.0 billionii. EU : US$13.4 billioniii. Japan : US$4.7 billion

Balance of Trade in Goods by Selected Countries

Malaysia’s Trade with US, January 2015 - May 2016


US Trade Performance May 2016

Note: * month-on-month growth

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May2015 2016

Exports 5.9 4.9 6.1 5.9 5.4 5.8 6.1 6.6 6.6 7.3 6.1 7.1 6.3 5.9 6.8 6.6 6.4Imports 4.2 3.6 5.2 4.3 4.0 5.0 4.6 4.5 4.9 5.5 4.6 4.9 4.5 4.7 4.8 4.5 4.7Total Trade 10.1 8.5 11.3 10.3 9.4 10.8 10.7 11.1 11.5 12.8 10.7 12.0 10.8 10.7 11.6 11.1 11.1

0

2

4

6

8

10

12

14

RM b

illion

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

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)

29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 JulAANZFTA 99 77 81 84 81 98 25 115AIFTA 141 104 141 120 121 212 44 193AJCEP 58 56 64 56 74 95 60 59

0

50

100

150

200

250

RM

mill

ion

29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 JulATIGA 918 1,187 968 1,280 751 986 211 782ACFTA 474 494 861 576 499 480 275 693AKFTA 303 311 138 287 240 258 91 632

0

200

400

600

800

1,000

1,200

1,400

RM

mill

ion

29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 JulMICECA 32.12 41.79 36.00 41.06 39.03 52.99 22.49 45.60MNZFTA 0.37 0.24 0.24 0.02 0.14 0.38 0.22 0.02MCFTA 48.19 9.77 8.20 10.44 6.89 10.07 1.90 11.32MAFTA 37.05 101.83 33.66 38.50 36.15 41.80 14.20 39.27

0

20

40

60

80

100

120

RM m

illio

n29 May 2016 5 Jun 2016 12 Jun 2016 19 Jun 2016 26 Jun 2016 3 Jul 2016 10 Jul 2016 17 Jul 2016

AANZFTA 874 684 848 807 722 870 237 1,009

AIFTA 597 636 795 625 542 656 245 676

AJCEP 216 196 197 207 151 287 70 213

ATIGA 4,489 4,932 4,438 4,585 3,981 4,286 1,339 4,135

ACFTA 1,514 1,525 1,491 1,584 1,327 1,610 482 1,621

AKFTA 911 868 945 909 911 951 249 1,053

MICECA 315 339 300 329 296 344 152 332

MNZFTA 9 9 8 3 8 13 3 4

MCFTA 45 61 56 65 51 52 16 65

MAFTA 423 397 332 394 440 442 147 412

MJEPA 774 876 709 777 834 988 242 917

MPCEPA 137 181 137 185 130 124 27 130

GSP 106 120 116 134 103 147 30 128

MTFTA 198 235 187 247 172 305 112 214

29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 JulMJEPA 115 145 97 137 188 159 48 170MPCEPA 23 83 40 121 41 20 3 51GSP 20 21 18 19 25 27 6 22MTFTA 88 95 167 211 75 83 36 130

0

50

100

150

200

250

RM m

illio

n

Value of Preferential Certificates of Origin

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

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

Source : Bank Negara Malaysia

16.0

19.4

12.0

13.0

14.0

15.0

16.0

17.0

18.0

19.0

20.0

21.0

18 M

ar24

Mar

1 Ap

r8

Apr

15 A

pr22

Apr

29 A

pr6

May

13 M

ay20

May

27 M

ay3

Jun

10 Ju

n17

Jun

24 Ju

n30

Jun

8 Ju

l15

Jul

22 Ju

l

US$/Oz Silver

980.0

1,094.0

800.0

850.0

900.0

950.0

1000.0

1050.0

1100.0

1150.0

18 M

ar24

Mar

1 Ap

r8

Apr

15 A

pr22

Apr

29 A

pr6

May

13 M

ay20

May

27 M

ay3

Jun

10 Ju

n17

Jun

24 Ju

n30

Jun

8 Ju

l15

Jul

22 Ju

l

US$/Oz Platinum

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

Gold Prices, 18 March - 21 July 2016

Silver and Platinum Prices, 18 March - 22 July 2016

40.3

42.5

32.0

34.0

36.0

38.0

40.0

42.0

44.0

46.0

18 M

ar

24 M

ar

1 Ap

r

8 Ap

r

15 A

pr

22 A

pr

29 A

pr

6 M

ay

12 M

ay

19 M

ay

26 M

ay

2 Ju

n

9 Ju

n

16 Ju

n

23 Ju

n

30 Ju

n

7 Ju

l

14 Ju

l

21 Ju

l

US$/Gram Gold

Malaysian Ringgit Exchange Rate withJapanese Yen and Thai Baht

10.00

10.50

11.00

11.50

12.00

12.50

2.50

2.70

2.90

3.10

3.30

3.50

3.70

3.90

4.10

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

2015 2016

JPY100 = RM THB100 = RM

100 THB = RM 11.57

100 JPY = RM 3.88

Commodity

Crude Petroleum

(Brent) (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)

22 July 2016 (US$) 45.7 685.0 19.6 1,306.0 2,161.6 43.5 200 (high)

180 (low)

% change* 4.0 4.6 1.5 1.0 0.7 unchanged unchangedunchanged

2015i 36.9 - 66.8 616.9 13.2 1,364.3 2,077.0 49.9 239.6

2014i 59.5 - 114.8 823.3 16.6 1,718.3 2,615.8 59.8 370.0

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, 2015/2016

Lowest (US$ per bbl)

Highest(US$ per bbl)

Crude Petroleum(Brent)

(22 July 2016)US$45.7 per bbl

201515 May 2015: 66.8

201518 Dec 2015: 36.9

201610 June 2016: 50.5

201615 Jan 2016: 28.9

Lowest (US$ per MT)

Highest(US$ per MT)

Crude Palm Oil (22 July 2016)

US$685.0 per MT

201516 Jan 2015: 701.0

20154 Sep 2015: 500.5

20168 Apr 2016: 725.5

201615 Jan 2016: 545.5

Steel Bars(per MT)

RM1,780 – RM1,930

Average Domestic Prices, 15 July 2016

Billets(per MT)

RM1,350 – RM1,400

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

718.5

712.5707.0

713.0

693.0

701.5

708.5 710.5

704.5700.0

655.0

685.0

620

640

660

680

700

720

740

29 Apr 6 May 13 May 20 May 27 May 3 Jun 10 Jun 17 Jun 24 Jun 30 Jun 15 Jul 22 Jul

US$

/mt

Crude Palm Oil

2,202.6

2,120.0

2,098.1

1,961.0

2,049.92,060.2

2,125.0 2,122.7

2,089.92,075.8

2,147.32,161.6

1,800

1,850

1,900

1,950

2,000

2,050

2,100

2,150

2,200

2,250


US$

/mt

Cocoa

16.3

15.7

16.717.1

17.5

18.8

19.7 19.9

19.2

20.3

19.319.6

12.0

13.0

14.0

15.0

16.0

17.0

18.0

19.0

20.0

21.0


US$

/lbs

Sugar

1,504.5

1,451.0

1,412.5

1,287.51,263.0

1,281.5

1,226.01,242.0

1,278.0

1,314.01,293.5 1,306.0

900

1,000

1,100

1,200

1,300

1,400

1,500

1,600


US$

/mt

Rubber SMR 20

7,591

7,286 7,267

7,853

7,148 7,063

7,296

6,742

6,940

7,029

6,963

7,008

6,900

7,088

7,113

7,281

6,917 6,851 6,839

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

2015 2016

USD

/ to

nne

Black Pepper

* until 22 July 2016

45.9

44.7

46.2

47.8

49.3

48.649.1

48.047.6

48.3

45.446.0

44.2

48.1

45.4

47.8

48.7

49.349.6

50.5

49.2

48.4

49.7

46.8

47.6

45.7

40

42

44

46

48

50

52

29 Apr 6 May 13 May20 May27 May 3 Jun 10 Jun 17 Jun 24 Jun 30 Jun 8 Jul 15 Jul 22 Jul

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

240.0

260.0

290.0300.0

330.0340.0

320.0

300.0

280.0270.0

230.0

200.0210.0

240.0

280.0 280.0

300.0

320.0

300.0

280.0

260.0250.0

220.0

180.0

100

150

200

250

300

350

8 Apr 15 Apr 22 Apr 29 Apr 6 May 13 May 23 May 30 May 6 Jun 10 Jun 24 Jun 15 Jul

US$

/mt

Scrap Iron

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

48.148.0

48.1 48.1 48.148.0

43.743.5 43.5 43.5 43.5 43.5 43.5

43.0

44.0

45.0

46.0

47.0

48.0

49.0

29 Apr 6 May 13 May20 May27 May 3 Jun 10 Jun 17 Jun 24 Jun 30 Jun 8 Jul 15 Jul 22 Jul

US$

/mt

Coal

68.0

63.0

58.0

52.0

60.0

63.0

52.0

56.0

57.0

53.0

47.0

41.042.0

47.0

56.0

61.0

55.0

52.0

38.0

43.0

48.0

53.0

58.0

63.0

68.0

73.0


2015 2016

US$

/dm

tu

Iron Ore

1,815

1,818

1,774

1,819

1,804

1,688

1,640

1,548

1,590

1,516

1,468

1,497

1,481

1,531

1,531

1,571 1,551

1,591

1,400

1,450

1,500

1,550

1,600

1,650

1,700

1,750

1,800

1,850


2015 2016

US$

/ to

nne

Aluminium

5,831

5,729

5,940 6,042

6,295

5,833

5,457

5,127

5,217 5,216

4,800

4,639

4,472 4,599

4,954

4,873

4,695 4,633

4,000

4,500

5,000

5,500

6,000

6,500


2015 2016

US$

/ to

nne

Copper

14,849 14,574

13,756

12,831

13,511

12,825

11,413

10,386 9,938

10,317

9,244

8,708 8,507 8,299

8,717

8,879 8,660

8,906

7,000

8,000

9,000

10,000

11,000

12,000

13,000

14,000

15,000

16,000


2015 2016

US$

/ to

nne

Nickel

Success StoryThere is a growing need for education and training in Malaysia to help strengthen the local talent and qualifications. Without constant improvement provided by the related parties, industries in Malaysia will remain stagnant.

RANACO group of companies, established in 1984, is recognized as being amongst the pioneer industry player in the maritime and oil & gas industry of Malaysia. Helmed by Captain Dr. Ramlan bin Ramli, RANACO steered to cater the needs of the professionals in this industry. As the International Maritime Organization (IMO) introduced more legislations to regulate the shipping and maritime industry, Captain Dr. Ramlan realized that there was an urgent need to provide appropriate education and training to improve and enhance the competency levels of the players in the industry.

Now, Ranaco Education & Training Institute (RETI), which ia a branch under the RANACO Group, caters to the growing need for allied professionals in the field of maritime, safety, offshore, logistics and hospitality.The remarkable growth that the company has seen was tremendous. Starting fom a mere 15 students during their first of operation in 2004, the institute now sees more than 2,5000 students as of 2013. RETI is the only private college on the East Coast that offers diploma and degree-level training in the span of services that also includes marine engineering, oil and gas, accountancy, and management. Up to date, RETI has a total of twelve diploma programmes and one degree qualification.

The company offers many extra benefits over other competitors. One of it is the qualification it goves out to students. Not only do students receive RETI-certified credentials, they also enjoy the perks of being recognised by the industries’ big players such as PETRONAS, Department of Occupational Safety & Health (DOSH) and the government’s marine department. During their time in training, students will be attached to working enviornments to obtain valuable experience in their related fields of study. RETI furnishes its classes with a myriad of equipment, boasting facilities such as ship simulators, engine room, warehouse services, marine operation and ship maintenance workshops.

With everything going for the institute, RETI managing director, Captain Dr. Ramlan Ramli said that the institution also had its fair share of trials. “The main problem is the inadequate space for our classes. An alternative is to rent a new building to place our students, but that will incur high costs.” Fortunately, in mid-2014, RETI has undertaken a big construction project of building that could carry a maximum capacity of 10,000 students at any given time. RETI also hopes that with this larger capacity, it can focus on providing more executive diploma, degree and long-distance programmes, in hopes of perpetuating the stream of qualified students enterimg the workforce.

Leveraging on the company’s expansion plans, Ramlan said that business should aim to conquer global markets and get international recognition. “Keep planning ahead, and always find ways to stay ten steps ahead of the competitors.”

Ranaco Education & Training Institute (Kijal Campus)No PO. Box 63, Bandar Baru Kijal,24100 Kemaman, Terengganu, MalaysiaPhone: +609-8593800 Fax: +609-8593805

Ranaco Education & Training Institute (Chukai Campus)Kawasan Perindustrian Jakar II,24000 Kemaman, Terengganu, MalaysiaPhone: +609-8503160 Fax: +609-8584623

MITI ProgrammeASEAN-INDIA Business Leadership Conclave 2016

21 July 2016

MITI ProgrammeMajlis Jamuan Raya Keluarga MiTi

Majlis Jamuan Raya Keluarga MiTi

Announcement

Benefits of Economic CensusEntrepreneurs, Companies & Business

Industry Associations & Chamber of Commerce

Government To Update Economic Indicators

• To identify industrial structure and product trends

• To monitor changing patterns and growth trends for future investment

• To make business planning and decisions

• To gauge their business perfomance

• To compare their business operations to industry norms

• Rebasing of indices i.e. Gross Domestic Product (GDP) and Index of Industrial;

• Compilation of

Supply & Use Table (SUT), Input-Output Table (I-O), Tourism Satellite Account (TSA), Information & Communication Technology Satellite Account and System of Environmental – Economic Accounting (SEEA);

• Development of SME’s profile.

• To identify new sources of growth to the economy;

• To formulate national economy programmes; and

• To assess the implementation of the national development policy such as The Economic Transformation Programme, Eleventh Malaysia Plan and Small and Medium Enterprise (SME) Masterplan 2012 -2020.

• To understand more about industrial structure;

• To share information about the industry with their members;

• To assist business in marketing and investment planning.


Sitti Amyrah Johari03-6200 [email protected]

Designation : Legal Advisor Division : Legal OfficeJob Description : To provide legal advice in the areas of MITI administration

Azlina Abdul Ghani03-6200 [email protected]

Designation : Legal Advisor Division : Legal OfficeJob Description : To provide legal advice in the areas of MITI administration

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Eight Malaysian Firms to Invest RM12b in India - MITI

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