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MITI's Portal
 

Glossary

FDI

Foreign direct investment (FDI) - is an investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the ... [read more]

Financial Account

Records the sales of assets i.e. sales of assets to foreigners and purchases of assets located abroad. Financial account components include direct investment (including foreign direct investments – FDI; and direct investments abroad ... [read more]

Financial Derivatives

Financial derivatives are financial instruments that are linked to a specific financial instrument or indicator or commodity, and through which specific financial risks can be traded in financial markets in their own right. Transactions in financial ... [read more]

Flat Products

Flat products include slabs, hot-rolled coil, cold-rolled coil, coated steel products, tinplate and heavy plate. They are used in automotive, heavy machinery, pipes and tubes, construction, packaging and appliances [read more]

FMM

Federation of Malaysian Manufacturers [read more]

FOB

Freight on Board - The free-on-board value determined by the value of the materials; production cost; profit; and other costs. [read more]

Foreign Bills of Exchange Purchased/ Discounted

Bank Financing Exporter on a Usance Bill of Exchange (BE) When an exporter draws a usance BE on the importer, he is giving a credit period and this credit period given depends on the terms of the sales contract between them. The exporter has to wait ... [read more]

Fourth Industrial Revolution (4IR)

Current trend of automation and data exchange in manufacturing technologies. [read more]

FPSO

Floating Production Storage and Offloading - Offshore production facilities that house both processing equipment and storage for produced hydrocarbons. [read more]

Free-Rider

A term used to infer that a country receives benefits from tariff cuts and concessions made by other countries through the most-favoured-nation principle, without undertaking any commitments. [read more]

FSO

Floating storage and offloading - A vessel used only to store oil (without processing it).  [read more]

FTA

Free Trade Agreement – an agreement between two or more countries with the aim of liberalising the trade of goods and services and access to investment between those countries. An FTA does this by removing barriers to trade, such as ... [read more]