Miti Blog

Ministry of International Trade and Industry Malaysia Official Blog

Tag Archives: Imports

June 17, 2015 , by admin2

MALAYSIA EXTERNAL TRADE STATISTICS TRADE PERFORMANCE FOR THE MONTH OF MARCH 2014 AND THE PERIOD OF JANUARY-MARCH 2014 # Export Growth Sustained

Exports in March 2014 expanded by 8.4% year-on-year to RM65.03 billion andimports increased by 0.5% to RM55.43 billion from March 2013. Trade surplus increased by 96.8% to RM9.59 billion in March 2014. Malaysia’s total trade in March 2014 rose by 4.6% from a year ago to RM120.46 billion. Increases in trade were recorded with Singapore, which rose RM2.21 billion, Taiwan (↑RM1.64 billion), Australia (↑RM1.06 billion), the Netherlands (↑RM854.7 million), Hong Kong (↑RM391.6 million) and New Zealand (↑RM366.3 million). E&E Drives Exports Exports of manufactured goods was RM43.86 billion or 67.4% of total exports in March 2014, an increase of 8.5% or RM3.44 billion from March 2013. The increase in exports was contributed mainly by higher exports of electrical and electronic (E&E) products especially electronic integrated...

economy Exports foreign direct investments Imports Malaysian Economy MITI MITI Report Miti Weekly Bulletin trade

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June 17, 2015 , by admin2

INITIATION OF ANTI-DUMPING INVESTIGATION CONCERNING IMPORTS OF HOT-ROLLED COILS (HRC), CHEQUERED COILS AND PICKLED & OILED COILS (P&O COILS) ORIGINATING IN OR EXPORTED FROM THE PEOPLE’S REPUBLIC OF CHINA, THE REPUBLIC OF INDONESIA AND THE REPUBLIC OF KOREA On 20 May 2014, the Government of Malaysia received a petition from a domestic producer requesting an imposition of anti-dumping duty on imports of HRC, Chequered Coils and P&O Coils. The petitioner alleges that imports of HRC, Chequered Coils and P&O Coils originating in or exported from the People’s Republic of China, the Republic of Indonesia and the Republic of Korea are being dumped into Malaysia at a price much lower than the price in the domestic market of the alleged countries. The petitioner claims that this has caused material injury to the domestic industry in Malaysia. The petitioner further claims that the imports from the alleged countries have increased in terms of absolute quantity. As a result, the...

Anti- Dumping Export fore Imports Malaysian Economy manufacturing MATRADE MITI MITI Report Miti Weekly Bulletin

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Malaysia up 2 notches in World Bank ranking

June 17, 2015 , by admin2

KUALA LUMPUR: THE World Bank has ranked Malaysia 18th out of 189 economies for ease of doing business, up two notches from last year, and ahead of countries such as Taiwan (19th), Switzerland (20th) and Japan (29th). The World Bank’s Doing Business 2015 Report, released yesterday, showed the top three performers were Singapore, New Zealand and Hong Kong. Bernama reports that Malaysia ranked first among emerging east Asian economies. A new method was used for the ranking because of limitations in the previous mechanism, such as loss of information, inability to track progress and inequality in business friendliness measured in larger countries. The ranking is now based on the distance to frontier (DTF) score — score of country that is ranked No. 1 — rather than the percentile rank. Malaysia’s score edged up to 78.83 points from last year’s 76.84 points. The report looked at 10 areas: starting a business; dealing with construction permits; getting electricity;...

Exports Export Imports Industries industry investment Malaysian Economy MITI Miti Weekly Bulletin

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Comprehensive Study On Ringgit’s Depreciation Being Undertaken, Says Mustapa

June 16, 2015 , by admin2

KOTA BAHARU, Dec 14 (Bernama) — The government is conducting a comprehensive study on the ringgit’s depreciation, says International Trade and Industry Datuk Seri Mustapa Mohamed. He said the study was jointly undertaken by his ministry, Bank Negara Malaysia, Ministry of Finance (MOF) and the Economic Planning Unit (EPU) of the Prime Minister’s Department to ascertain the impact of the falling ringgit on the economy. “We have experts in the government, Bank Negara Malaysia, MOF and EPU who are carrying out studies to determine if the depreciating ringgit is good or bad and if it has a positive effect on the economy,” he told reporters after presenting prizes and BMW cars to winners of a contest organised by Bank Islam Malaysia here, Sunday. Mustapa said as a trading nation, the depreciation of the ringgit would definitely have an effect and it was necessary for the study to determine its impact on imports, exports, inflation, manpower and others. “Ups and down in...

bank negara malaysia Exports Imports Ministry of Finance MITI MITI Report MITI Weekly Bulletin MOF The Economic Planning Unit (EPU)

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Tok Bali Supply Base Project Can Attract Investments Of RM1 Billion, Says Mustapa

June 15, 2015 , by admin2

KUALA LUMPUR, Feb 23 (Bernama) — The Tok Bali Supply Base project in Kelantan can attract up to RM1 billion in investments within the next three years. Minister of International Trade and Industry Datuk Seri Mustapa Mohamed said the project would have a spin-off effect on the surrounding Tok Bali area and the state itself. “This is a very important project for Kelantan. This is what the Kelantanese are yearning for,” he told reporters during a briefing Monday. Mustapa said Tok Bali Supply Base Sdn Bhd (TBSB), the operator of the supply base, has invested about RM90 billion to construct it and is expected to spend an additional RM100 million this year with its partners. He said TBSB is currently in talks with a pipe specialist company to set up a pipe-coating operation at the port, with an investment of about RM340 million over the next two years. He added that the company would occupy as much as 32.37 hectares of the port land with the objective of creating a facility...

Exports imports investments Malaysian Economy MITI MITI Report Miti Weekly Bulletin

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DOMESTIC, FOREIGN DIRECT INVESTMENTS IN MALAYSIA HITS RM235.9 BILLION LAST YEAR

June 15, 2015 , by admin2

KUALA LUMPUR, Malaysia Feb 26 (NNN-Bernama) — Domestic and foreign direct investments in Malaysia hit RM235.9 billion in 2014, up 7.52 per cent, from RM219.4 billion received in 2013, said International Trade and Industry Minister Mustapa Mohamed. Domestic Direct Investments (DDIs) accounted for RM171.3 billion or 72.6 per cent of total investments, a bulk of which was in the manufacturing, services and primary sector, while the remaining RM64.6 billion or 27.4 per cent came from foreign direct investments (FDIs). In 2013, DDIs stood at RM159.94 billion while FDIs amounted to RM59.45 billion. Mustapa said the country’s investment performance in 2014 exceeded the average annual investments target of RM148 billion set under the 10th Malaysia Plan. The ratio of FDIs and DDIs was in line with the government’s drive to actively promote domestic investments, as outlined in the Economic Transformation Programme and the 10th Malaysia Plan, he said at a press conference to...

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AEC 2015 Tarik Syarikat Jerman Tinjau Peluang Pelaburan

June 12, 2015 , by admin2

KUALA LUMPUR, 7 April (Bernama) — Syarikat Jerman mengharapkan Komuniti Ekonomi ASEAN (AEC) 2015 sebagai visi ekonomi serantau yang bersepadu apabila ia terus meninjau peluang pelaburan di sini. Duta Jerman ke Malaysia Holger Michael berkata syarikat Jerman menunjukkan minat yang semakin meningkat di ASEAN secara umumnya, dan Malaysia khususnya sejak ia mengambil alih jawatan pengerusi ASEAN pada tahun ini. Dalam ASEAN, Malaysia merupakan rakan dagang kedua terbesar Jerman dengan hubungan dua hala yang kukuh, katanya pada sidang media selepas menghadiri dialog antara Kementerian Perdagangan Antarabangsa dan Industri dan Dewan Perdagangan dan Industri Malaysia-Jerman (MGCC) di sini hari ini. Sehingga Disember 2014, sebanyak 387 projek pembuatan bernilai RM26.8 bilion dari Jerman dilaksanakan di Malaysia, terutamanya dalam bidang elektrik dan elektronik, kimia dan produk kimia, produk petroleum, produk getah dan gas asli. Pada 2014 sahaja, Menteri Perdagangan Antarabangsa dan...

AEC ASEAN Asean Economic Community Exports Imports Malaysian Economy MGCC MITI MITI Report Miti Weekly Bulletin

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Bincang isu tertangguh

June 12, 2015 , by admin2

Kuala Lumpur: Organisasi Perdagangan Dunia (WTO) menjangkakan Agenda Perbangunan Doha atau Perbincangan Doha dapat dimuktamadkan dalam masa terdekat apabila ahlinya mula menunjukkan keterbukaan untuk menerima isi kandungan dalam perbincangan itu yang tertangguh sejak 2008 di Doha. WTO yang dianggotai 161 negara termasuk Malaysia antara ahli yang terbabit dalam Agenda Pembangunan Doha bagi membincangkan pelbagai isu dagangan antarabangsa antaranya akses pasaran, perundangan WTO, isu pembangunan, kemudahan dagangan dan perkara lain. Namun, ia ditangguhkan pada 2008 apabila terdapat beberapa perkara yang tidak dipersetujui ahlinya. Ketua Pengarahnya, Roberto Azevedo berkata, sikap keterbukaan yang semakin baik dan meningkat dalam kalangan negara ahli membolehkan beberapa perkara tidak dipersetujui dapat dimuktamadkan. Beliau berkata, namun, jangkaan tempoh masa atau sasaran untuk memuktamadkan agenda itu tidak dapat diunjurkan buat masa ini. “Sejak saya menyertai organisasi ini... Read More

Asean Economic Community Datuk Mustapa Mohamed emerging market import imports investments MITI MITI Report Miti Weekly Bulletin The World Trade Organisation (WTO trade WTO

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