Mwb vol 276

BUSINESS MISSION: Local SMEs seek opportunities in Pune, Bangalore and Chennai.

Enhancing ties with India

With consumers tightening their purse strings due to the escalating cost of living, businesses in Malaysia are looking at the export markets to boost sales and earnings.

International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said the global economic uncertainties have pushed local companies to seek partnerships and new markets outside the country.

The minister, who will be leading a Malaysian trade delegation to India, said the local business community can benefit from closer relations with India, especially during the current economic climate.

“India has a strong small and medium enterprise (SME) sector and local SMEs taking part in the trade and investment mission to India will have the opportunity to enhance their capabilities,”he said recently.

The four-day trip, which begins on Monday, will see the SME-based trade and investment mission visiting Bangalore, which is dubbed the Silicon Valley of India, and Chennai, the biggest industrial and commercial centre in South India, also nicknamed the Detroit of India.

While there, Mustapa will attend the Partnership Summit 2014 and the Malaysia-India CEO Forum as well as visit several companies.

“I will be meeting a few ministers (on the sidelines of the event) and also an Indian company in Bangalore, which is the country’s IT (information technology) hub,” the minister said.

Mustapa and the delegates will meet with major Indian companies as well as take part in networking and business-matching sessions.

Data from the ministry shows that India is Malaysia’s 11th largest trading partner and seventh largest export destination.

Meanwhile, Malaysia is India’s third largest trading partner, export destination and source of imports in the ASEAN region.

With increasing trade and investment from both nations, the target set by Putrajaya and New Delhi to achieve a total bilateral trade value of US$20 billion next year is within reach.

The trade and investment mission will be seeking to explore India’s domestic market and open up business and investment opportunities in second-tier Indian cities such as Pune, Bangalore and Chennai.

It also hopes to establish a collaborative network of SMEs through visits to companies in the automotive and manufacturing sectors, as well as strengthen ties.

Mustapa will be a panelist at a plenary session on “Entering into a New Trade Era Post-Bali” at the Partnership Summit 2014 in Bangalore, which will discuss the success of the World Trade Organisation Bali Ministerial Conference.

He will also be meeting his counterpart Anand Sharma, and both will address the Malaysia-India CEO Forum.

The Partnership Summit is the annual flagship event of the Confederation of Indian Industry, organised in association with India’s Ministry of Commerce and Industry.

The summit provides a platform to stimulate discussions among all key stakeholders - political, institutional, business, media and academia - on the best strategies and policies to help the countries overcome obstacles to improving competitiveness and achieving inclusive growth.

The Malaysia-India CEO Forum consists of 18 to 20 members from the Malaysian and Indian private sectors.

Ministry of International Trade and Industry, January 27, 2014

No. ISSN: 2180-0448

MITI Weekly Bulletin/ www.miti.gov.my

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A subsidiary of a large Indian conglomerate plans to set up an integrated circuit (IC) design centre in Malaysia that will contribute significantly to Malaysia’s skills development in the high-technology sector.

International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said the company, which is based here, already has small operations in Malaysia.

“They are keen to scale up their operations and make Malaysia a hub for electrical and electronics (E&E) design,” he said here after a series of closed-door meetings with Indian companies as well as Malaysian companies with operations in India.

Mustapa, however, did not name the company but was hopeful that the design centre will be operational by the end of the year. On the estimated investment involved in the proposed centre, he said it is not so much about the amount of business, but the spin-offs, especially in terms of skilled human capital.

“They will collaborate with universities to produce skilled manpower (for the centre),” he added.

He said this will be significant to Malaysia which has about 30 IC design centres and targets to attract more such centres.

The minister said representatives from other Indian companies whom he had met

Indian Firm Plans To Set Up IC Design Centre In Malaysia

expressed their interest to set up operations in Malaysia.

“I’ve invited them to come to Malaysia and they will be meeting with the Malaysian Investment Development Authority and Malaysia External Trade Development Corp for discussions,” he said.

He said these companies will benefit from a host of generous incentives offered under the Multimedia Super Corridor.

Mustapa is also upbeat on the expansion of bilateral trade and investment with India.

He said although India faced some challenges in the past two years, the countries economic prospects look good this year.

Among the representatives from Malaysian companies that held private discussions with the minister are Scomi Engineering and UEM Group, while the Indian companies include Shriram Land, Mindtree Ltd and Tata Elxsi Ltd.

Mustapa is leading a four-day trade and investment mission comprising small and medium enterprises, as well as to attend the 20th Partnership Summit and Malaysia-India CEO Forum.

Ministry of International Trade and Industry, January 28, 2014

MITI Weekly Bulletin/www.miti.gov.my

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Approved Investment in Manufacturing Sector 2008 - 2013 (January - October)

Source : Malaysian Investment Development Authority

0

10

20

30

40

50

60

70

2008 2009 2010 2011 2012 Jan-Oct2013

16.7 10.518.1 21.9 20.2 16.9

46.1

22.1

29.1

34.1

20.9 22.9

RM billion

Domestic Foreign

RM5.9 bil.(14 projects)



Top Three FDI Sources Jan-Oct 2013

Approved Manufacturing Projects by Major IndustriesJanuary-October 2013

MALAYSIA

8.8

4.8

4.6

3.8

3.5

E & E

Basic Metal

Petroleum Products(Incl.Petrochemicals)

Food Manufacturing

Scientific & MeasuringEquipment

RM billion



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Approved Manufacturing Projects by State January-October 2013

RM3.2b

RM5.6b

RM3.1b

RM1.5b

RM2.4b

RM44.3m

RM981.0m

RM69.5m RM11.5b

RM3.0bRM 1.5b

RM382.3m

RM184.1m

RM6.3b


Malaysia: Export of Water Sport Equipment

Top 3 Export Destinations Jan-Nov 2013USA RM9.3 mil.1

2

3Australia RM4.5 mil.Singapore RM2.3 mil.

Note: HS code 950629000 - Water-skis, surf-boards, and other water-sport equipment Source : Department of Statistics, Malaysia

26.3

35.1 36.232.9

24.727.7

0

5

10

15

20

25

30

35

40

2008 2009 2010 2011 2012 2013(Jan-Nov)

RM mil.


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Manufacturing Output

5.0% (m-o-m)

Growth12.1% (y-o-y)

Malaysia: Import of Sport Equipment

6.7

8.5

14.2

11.6

9.6

12.3

0

2

4

6

8

10

12

14

16

2008 2009 2010 2011 2012 2013(Jan-Nov)

RM mil.

Source : Department of Statistics, Malaysia

Singapore Economic PerformanceDecember 2013

Industrial Production

5.2% (m-o-m)

Growth6.2% (y-o-y)

INFLATION RATEDec 2013: 1.5% & 2013: 2.4%

Accommodation cost rose 2.9%Private road transport fell 2.8%

Services 2.8%

Top 3 Import Sources Jan-Nov 2013PRC RM1.9 mil.1

2

3Canada RM1.4 mil.USA RM0.8 mil.

Note: HS code 950629000 - Water-skis, surf-boards, and other water-sport equipment


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2.40

2.60

2.80

3.00

3.20

3.40

2.70

2.80

2.90

3.00

3.10

3.20

3.30

Jan Feb Mar Apr MayJune July Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJune July Aug Sep Oct Nov Dec

2012 2013

Source : Bank Negara, Malaysia

Malaysian Ringgit Exchange Rate with Australian and Singapore Dollar , January 2012 - December 2013

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

Aluminium, Nickel, Copper Prices, January - December 2013

US$ 1,739

US$ 7,214

US$ 13,926

-

5,000

10,000

15,000

20,000

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

Aluminium Copper Nickel

AUD1 = RM2.92

SGD1 = RM2.58

18

20

22

24

26

28

30

35

36

37

38

39

40

41

42

43

15 Nov 22 Nov 29 Nov 6 Dec 13 Dec 20 Dec 27 Dec 3 Jan 10 Jan 15 Jan 16 Jan 30 Jan

gold/usd/gramme

silver /usd/oz

US$/gramme US$/oz

Gold and Silver Prices, 15 November - 30 January 2014 “DR

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Source: Ministry of International Trade and Industry, Malaysia

Number and Value of Preferential Certificates of Origin (PCO’s)

AANZFTA AIFTA AJCEP ATIGA ACFTA AKFTA

1 Dec 2013 1,557 533 274 7,283 1,966 772

8 Dec 2013 790 385 265 5,066 1,484 886

15 Dec 2013 579 439 184 4,230 1,250 778

22 Dec 2013 632 748 266 4,680 1,371 804

29 Dec 2013 772 438 185 3,572 1,304 679

5 Jan 2014 762 326 218 3.738 1,205 395

12 J n 2014 1,075 345 224 4,639 1,367 897

19 Jan 2014 507 456 613 2,062 1,688 613

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)

1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5 Jan 12 Jan 19 JanAANZFTA 73 55 39 53 62 62 95 49AIFTA 140 385 100 231 77 80 79 91AJCEP 93 70 71 112 47 82 84 33

050

100150200250300350400450

RM

mill

ion

1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5 Jan 12 Jan 19 JanATIGA 740 669 649 730 481 598 905 2,062ACFTA 810 1,135 782 984 743 2,125 1,321 1,688AKFTA 149 1,214 271 135 124 1,355 531 96

0

400

800

1,200

1,600

2,000

2,400

RM

mil

iio

n

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)

1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5 Jan 12 Jan 19 JanMJEPA 133 160 130 81 98 132 153 115MPCEPA 73 42 10 42 11 35 69 24GSP 496 516 428 350 287 153 31 18

0

200

400

600

800

RM

mil

lio

n

MJEPA MPCEPA GSP

1 Dec 2013 1,395 193 5,246

8 Dec 2013 845 120 3,591

15 Dec 2013 762 81 2,787

22 Dec 2013 605 160 2,715

29 Dec 2013 674 140 2,599

5 Jan 2014 697 121 1,140

12 Jan 2014 901 175 110

19 Jan 2014 830 109 89

Number of Certificates

Notes: The preference giving countries under the GSP scheme are members of the European Union, Norway, Switzerland, Belarus, the Russian Federation and Turkey. MJEPA: Malaysia-Japan Economic Partnership

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



1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5 Jan 12 Jan 19 JanMICECA 19.24 24.19 39.35 24.98 38.28 18.21 58.08 45.91MNZFTA 0.17 0.10 0.10 0.07 0.15 0.03 0.63 0.14MCFTA 8.56 9.31 9.74 5.39 6.04 5.13 7.64 4.45MAFTA 37.85 29.56 17.03 60.77 31.12 39.29 36.56 13.28

0

10

20

30

40

50

60

70

RM m

illio

n

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

MICECA MNZFTA MCFTA MAFTA

1 Dec 2013 169 12 102 4278 Dec 2013 208 4 66 362

15 Dec 2013 182 7 78 25122 Dec 2013 210 5 43 26229 Dec 2013 220 9 46 3695 Jan 2014 213 5 33 356

12 Jan 2014 244 16 46 36419 Jan 2014 181 4 46 364

MITI Weekly Bulletin | www.miti.gov.my

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MITI Weekly Bulletin | www.miti.gov.my

Commodity 30 Jan 2014 (US$)

% Change* 2013i 2012i 2011i

Crude Petroleum (per bbl) 96.7 0.7 88.1-108.6 77.7-109.5 80.3-112.7

Crude Palm Oil (per MT) 855.0 0.2 805.5 1,000.4 1,124.0

Raw Sugar (per MT) 323.0 0.2 361.6 473.8 647.0

Rubber SMR 20 (per MT) 1,932.0 10.0 2,390.8 952.5 1,348.3

Cocoa SMC (per MT) 2,649.6 6.4 1,933.1 2,128.9 2,644.8

Srap Iron HMS (per MT) 395.0 (High)385.0 (Low)

3.73.8 485.6 444.7 491.0

Weekly 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

Highest & Lowest Prices, 2013/2014

Crude Petroleum (30 Jan 2014)

US$96.7 per bblCrude Palm Oil(30 Jan 2014)

US$855.0 per MT

Lowest (US$ per bbl)

10 Jan 2014: 92.319 Apr 2013: 88.1

Highest(US$ per bbl)

24 Jan 2014: 97.3 6 Sep 2013: 110.2

Highest(US$ per MT)

3 Jan 2014: 895.0 15 Nov 2013: 925.0

Lowest (US$ per MT)

30 Jan 2014: 855.0 4 Jan 2013: 800.0

30 Jan 2014 domestic prices for :1.Billets (per MT) : RM1,700 – RM1,750 2.Steel bars (per MT) : RM2,100 - RM2,250

Commodity Price Trends, 15 November 2013- 30 January 2014

15 Nov 22 Nov 29 Nov 6 Dec 13 Dec 20 Dec 27 Dec 3 Jan 10 Jan 17 Jan 24 Jan 30 Jan

Crude Petroleum/bbl 93.6 93.6 92.3 97.4 97.5 99.2 99.4 94.2 92.3 94.2 97.3 96.7

SMR 20/MT 2306.0 2319.0 2303.5 2331.0 2359.5 2324.5 2,316.0 2,238.0 2,204.0 2,197.0 2,147.0 1,932.0

Cocoa SMC 2/MT 2,314.5 2,460 2,435 2,444 2,427 2,392 2,532.3 2,411.3 2,466.6 2,490.5 2,490.5 2,649.6

Crude Palm Oil/MT 853.5 925.0 925.0 917.5 915.0 915.0 924.5 897.0 897.0 895.0 876.9 858.5

Scrap Iron/MT 370.0 400.0 400.0 400.0 400.0 400.0 415.0 415.0 410.0 410.0 410.0 395.0

Raw Sugar/MT 401.0 385.5 381.8 373.3 367.8 352.3 357.5 352.3 352.8 351.5 342.5 332.5

Iron Ore/MT 160.0 170.0 170.0 170.0 170.0 170.0 170.0 170.0 170.0 170.0 170.0 160.0

Crude Petroleum

Crude Palm Oil

SMR 20

Cocoa SMC 2

Scrap Iron

Raw Sugar

0.0

500.0

1000.0

1500.0

2000.0

2500.0

3000.0

88.0

90.0

92.0

94.0

96.0

98.0

100.0

102.0

US

$/

MT

US

$/

bb

l

Iron Ore

Source : 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

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Dasar Automotif Negara 2014 (DAN 2014), yang diumumkan baru-baru ini menarik perhatian dalam kalangan semua peringkat masyarakat, khusus mereka yang peka tentang perkembangan industri automotif di negara ini.

Apa menariknya ialah ramai mereka tertanya-tanya apakah tujuan DAN 2014 memberikan fokus kepada penglibatan Malaysia di bidang “kenderaan cekap tenaga” atau “Energy Efficient Vehicle” (EEV). Justeru rencana kali ini bertujuan menerangkan serba ringkas peranan perusahaan EEV ini dalam terus membantu arus perbangunan automotif negara.

Mengimbas kembali dua rencana lalu, telah dijelaskan strategi menggunakan “perusahaan teras” sebagai pemangkin membangunkan dasar perindustrian negara iaitu dengan membangunkan industri automotif. Cabaran demi cabaran ditempuhi dan diperjelaskan dalam usaha negara memebangun industri automotif ini yang diharap akan membawa Malaysia ke tahap negara berteknologi tinggi.

Setelah tiga abad Malaysia menceburi bidang bidang industri automotif ini dan banyak telah dipelajari, dari sudut pembelajaran yang bermanfaat mahupun kesilapan merugikan. Namun, untuk terus maju ke hadapan industri auototmotif harus diperkukuhkan bagi terus memengkinkan generasi muda ke arah meningkat daya saing dan pengetahuan dari aspek sains, teknologi dan kejuruteraan, kemahiran, kemampuan mereka bentuk dan mereka cipta produk.

Kemampuan industri automotif tempatan dalam pengeluaran kenderaan telah terbukti. Namun teknologi automotif terus meningkat dalam kalangan pengeluaran kenderaan global yang dibangunkan bagi memenuhi tuntutan dunia dalam aspek pencemaran alam sekitar dan penjimatan menggunakan bahan petroleum.

Tekanan ini menjadi pendorong kepada perusahaan-perusahaan kenderaan global ini untuk terus mencipta jenis kenderaan yang kurang atau tiada asap pencemaran dan kenderaan yang memerlikan bahan petrol rendah untuk mencapai jarak jauh yang ditentukan.

Kenderaan seperti ini dikenali sebagai kenderaan EEV merangkumi kenderaan hibrid, elektrik dan yang lebih canggih lagi kenderaan fuel cell. Dalam menghadapi persaingan pasaran masa hadapan, perusahaan automotif negara tiada mempunyaipilihan kecuali menceburi bidang sama.

Menyedari hakikat akan berlaku saingan hebat di pasaran masa akan datang di antara kenderaan konvensional dengan kenderaan EEGV ini, dan di samping industri automotif negara juga memerlukan daya pemangkin yang baharu untuk mempercepatkan perolehan teknologi yang lebih tinggi dan daya saing dalam mesyuarat automotif negara. DAN 2014 membuat ketetapan memberikan perhatian ke arah membangunkan industri EEV ini.

LOCAL AUTOMOTIVE NEWS

NAP 2014: Kenapa EEV Usaha menghasilkan kenderaan EEV bukanlah satu perkara baharu di Malaysia, di mana pada 1997 perdana menteri ketika itu, Tun Dr Mahathir Mohamad merasmikan sebuah syarikat usaha sama TNB iaitu “Perusahaan Automotif Elektrik Malaysia atau POEM” yang bertujuan mengeluarkan kenderaan elektrik negara. Bagaimanapun usaha ini terbantut akibat krisis mata wang tahun yang sama.

DAN 2014 memberi banyak penekanan ke arah menjadikan Malaysia sebagai pusat pengeluaran kenderaan EEV di rantau ini, dengan harapan dapat menarik minat pengeluar kenderaan global melabur di negara ini mengeluarkan kenderaan jenis EEV. Adalah dianggarkan jumlah 6 juta kenderaan jenis ini akan menembusi pasaran Asean pada 2020. Sementara itu sejumlah 1.5 hingga 2 juta kemampuan pengeluar kenderaan diperlukan bagi memenuhi permintaan di tahun-tahun 2016 dan 2017 akan datang.

Dapat dilihat potensi yang bakal wujud bagi perniagaan kenderaan EEV ini dan Malaysia mempunyai peluang baik berdasarkan liberalisasi pengeluaran komponen yang telah dilaksanakan, di samping keseluruhan pengeluar komponen tempatan tidak terikat dengan mana-mana syarikat luar mahupun sebarang jenama. Kelebihan ini akan mendorong para pengeluar automotif global untuk menabur di negara ini, di mana sokongan perusahaan komponen tempatan adalah lebih sesuai.

Peluang juga terbuka bagi usahawan tempatan untuk menceburi bidang baharu pengeluaran komponen EEV yang diperlukan. Inisiatif ini diharap akan memperbesarkan jumlah pengeluaran komponen bagi industri tempatan untuk lebih berdaya saing, di samping peningkatan jumlah pengeluaran yang bakal wujud dari usaha mengeksport komponen EEV ke negara luar.

Perusahaan EEV juga akan memacu penglibatan teknokrat tempatan, para akademia, organisasi penyelidikan dan pembangunan, serta keseluruhan tenaga kerja dalam rangkaian industri automotif tempatan menerokai teknologi baharu, mereka cipta produk-produk baharu, proses pengeluaran dan bahan-bahan baharu yang diperlukan oleh perusahaan EEV ini.

Kejayaan sesebuah ciptaan kenderaan EEV banyak bergantung pada penumpuan mengurangkan berat kenderaan tersebut. Untuk mencapai matlamat pengurangan berat ini banyak teknologi tinggi, daya penyelidikan dan pembangunan serta daya kreativiti diperlukan.

Pendek kata, perusahaan EEV akan mempercepatkan arus pembangunan sains dan teknologi serta daya cipta dalam kalangan rakyat malaysia, di samping membuka pasaran baharu kepada perusahaan automotif negara. Malaysia juga akan mendapat pengiktirafan sebagai sebuah negara membangun yang prihatin terhadap suasana pencemaran global yang melanda dunia semasa.

Source : Malaysia Automotive Institute


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THE long-awaited revision of the National Automotive Policy (NAP) 2014 was unveiled last week. Undoubtedly, the stakes are high not only for the players but also the survival of the industry.

Introduced in March 2006, the NAP underwent its first revision in 2009. NAP 2014 seems to be the final push to transform the automotive industry to greater heights by 2020.

NAP 2014’s objectives are similar to those of the first NAP but a niche area has been identified, that is, the Energy-Efficient Vehicle (EEV) regional hub, which Malaysia is expected to embark on by next year. Holistically, the issues and challenges remain as to how to make the industry more competitive, resilient and viable.

It is commendable that liberalisation is still the key strategy in the framework of NAP 2014 and the focus on EEV is in tandem with one of the three New Economic Model’s guiding principles.

The RM2-billion financial packages, if spent wisely, could improve the industry further. Also, the lifting of the ban on new manufacturing licences for cars below 1,800cc is laudable although it is only applicable in the EEV category.

Perhaps the biggest disappointment is that many key issues in the automotive industry are still under study. For example, the licensing system of import quotas.

When NAP 2006 was announced, it was stated clearly that the approved permits (APs) would be phased out in 2010. The first revision of NAP 2009, on the other hand, specified that open APs be terminated next year, and franchise APs in 2020.

NATIONAL AUTOMOTIVE POLICY Revision Timely to Transform Industry

In the true spirit of liberalisation, and with the realisation of the Asean Economic Community, the ongoing talks on the Trans-Pacific Partnership Agreement and Regional Comprehensive Economic Partnership, it is crucial the AP system is abolished soon.

The endeavour for any form of protectionism in the name of “infant industry” no longer holds water as 31 years of being “infant” seems unnatural by any standards. With liberalisation comes competition, which is good because it will encourage transparency, promote efficiency and reinforce the role of market mechanism in determining prices.

Competition not only creates economies of scale but also the scope and agglomeration. The automotive industries of Thailand and Indonesia are ahead of us because they had embraced competition earlier. But that does not mean that Malaysia’s industry will lag behind forever.

NAP 2014 proves that Malaysia is serious to be the regional leader in the industry, especially in the EEV market. Still, how far it can attract automotive foreign direct investment (FDI) remains to be seen.

As Malaysia aspires to become the regional hub for EEV, the amount of automotive FDI from EEV in Malaysia must be greater than Thailand and Indonesia.

The expansion of export market must be the main priority.

Not only because Malaysia has a comparatively small population in the domestic market but also because Malaysia aims to become a developed nation by 2020, hence the focus should be more on the use of public transport rather than a private one.

Source : Malaysia Automotive Institute


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What Investors Say

Dutch Lady Milk Industries Berhad (“Dutch Lady”) is a leader in quality branded dairy products in Malaysia. The company’s presence in Malaysia started after the Second World War. In 1963, its Dutch parent company, Royal Friesland Foods NV (“RFF”), having confidence in the young nation, built its first plant on a 10-acre site in Petaling

Dutch Lady Milk Industries Bhd

Jaya and DLMI went on to became the first dairy company to be listed on the local Stock Exchange in 1968.

The company has continued to grow ever since. RFF, through its valuable proprietary formulation, superior technical know-how and research and development, has helped the company to produce a wide range of quality dairy products and fruit based drinks for the Malaysian consumer and for the export market. Currently, the company’s dairy products and fruit based drinks have a strong consumer following and are represented by brands such as Dutch Lady, Frisian Flag, Frisolac, Completa, Calcimex and Joy.

“Malaysia’s stable Government, good infrastructure, skilled workforce and tax-friendly policies are its major attractions” says Managing Director, Cees Ruygrok. “In 2005, RFF based its SAP Regional Competence Centre in Cyberjaya, the heart of the Multimedia Super Corridor. This Centre provides technical, development and project

support to five countries in the Asia Pacific region.”

Dutch Lady contributes towards the linkages within the Malaysian economy. The company is the largest purchaser of local fresh milk from the Veterinary Services Department and uses a substantial amount of local ingredients such as palm oil and sugar in its products.

For decades, Dutch Lady has ensured the supply of quality dairy products to the nation. Today, Dutch Lady ranks among the top three dairy producers and is one of the most trusted names in dairy products in Malaysia.Please visit Dutch Lady’s website at www.dutchlady.com.my

Dutch Lady Milk Industries Berhad (5063-V)

Level 5, Quill 9, 112, Jalan Semangat,46300 Petaling Jaya, Selangor Darul Ehsan

Tel: 03-7953 2600Fax: 03-7953 2700



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Visit to WIER Mineral/Linetax Rubber Products Sdn. Bhd.

Minister of International Trade and Industry visited Wier Minerals/Linatex Rubber Sdn. Bhd on Tuesday, 4 February 2014.

Weir Group, a Scottish company which is listed on FTSE’s 100 company, has a significant presence in Malaysia through several of its major investments committed over the last two years. These include the acquisitions of Linatex Rubber Products in 2010 and

Ministry of International Trade and Industry, February 4, 2014

Cheong Foundry in 2013. The company is planning to expand its operation in the country, through its proposed investments in Sendayan Technology Valley in Negeri Sembilan. This investment will further entrench Wier Group’s presence as a prominent MNC in Malaysia. Malaysia looks forward to greater contribution of Weir given its renowned Scottish innovation, with a long heritage over 140 years in the manufacturing of equipment for the mining industry.


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SERVICES SECTOR PORTAL

Services Sector Portal is a dedicated webpage which provides a centralised focal point and focused dissemination of information pertaining to the services industry in Malaysia. The Portal is hosted under the MITI’s website, accessible through a link on MITI’s homepage and http://myservices.miti.gov.my.

The Portal has been launched by YB Menteri of MITI during Malaysia Services Development Council meeting in December 2012.

The Portal will be a comprehensive bilingual (English and Bahasa Melayu) website with menus, sub menus providing all updated information about the latest development of Services sector development in Malaysia.

Among section/sub-sections in the Portal are:

• autonomous liberalisation initiative;• Malaysia’s services commitment in

bilateral/ regional/ multilateral FTAs; • Government support and facilitation;• services Data/Statistics;• news and announcements; and• focal point for Sectoral Ministries/

Agencies.

Among improvements that have been made to the Portal are:

• accessible via multiple internet search engines such as Google Chrome, Yahoo, Safari and all version of Internet Explorer; and

• development of mobile-version which compatible to all smartphones operating systems.

Pamela Jayne Patrick Apan088 – 239061

[email protected]

Hairul Bin Hamdan088 – 239061

[email protected]

Administrative AssistantsMITI Sabah

Dear Readers,Kindly click the link below for any comments in this issue. MWB reserves the right to edit and to republish letters as reprints. http://www.miti.gov.my/cms_matrix/form.jsp?formId=c1148fbf-c0a81573-3a2f3a2f-1380042c

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Documents

Mwb vol 276