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Kuala Lumpur – Malaysia as the 2015 Chair of the ASEAN hosted the ASEAN-OECD Good Regulatory Pracces Conference (GRP) to support sustainable and inclusive economic development and to pursue closer regional and internaonal economic integraon through transparency and responsive regulaons. The conference is aimed at building a common understanding among ASEAN Member States of the crical role of good regulatory pracce in encouraging closer global and regional economic integraon on a non- Good Regulatory Practice as a priority for the ASEAN Economic Community discriminatory basis, and support sustainable and inclusive development. The Malaysian Government has made GRP a key priority during its Chair of ASEAN in 2015 to reflect the importance of having regional regulatory convergence. Minister of Internaonal Trade and Industry, Dato’ Sri Mustapa Mohamed said that improving efficiency of policy and regulatory processes is one of the key drivers idenfied to enhance producvity among ASEAN Member States. “This will substanally reduce the regulatory burden on businesses by improving the quality of exisng regulaons and ensuring the quality of new regulaons”, he said. “The implementaon of Good Regulatory Pracce is systemic, involving both top-down and boom-up engagement. The emphasis is on transparency and accountability through public consultaon and engagement with stakeholders and pares that will be affected by the changes, or introducon, of regulaons and policies.” “The success of public-private sectors collaboraon in implemenng regulatory reforms is reflected in Malaysia’s posive performance in the World Bank Doing Business 2015 report, where Malaysia is ranked 18th for the ease of doing business among 189 economies.” He said during his speech at opening of ASEAN-OECD Good Regulatory Pracces Conference 2015. MITI Weekly Bulletin / www.miti.gov.my 01

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Page 1: MWB Volume 329

Kuala Lumpur – Malaysia as the 2015 Chair of the ASEAN hosted the ASEAN-OECD Good Regulatory Practices Conference (GRP) to support sustainable and inclusive economic development and to pursue closer regional and international economic integration through transparency and responsive regulations.

The conference is aimed at building a common understanding among ASEAN Member States of the critical role of good regulatory practice in encouraging closer global and regional economic integration on a non-

Good Regulatory Practice as a priority for the ASEAN Economic Community

discriminatory basis, and support sustainable and inclusive development. The Malaysian Government has made GRP a key priority during its Chair of ASEAN in 2015 to reflect the importance of having regional regulatory convergence.

Minister of International Trade and Industry, Dato’ Sri Mustapa Mohamed said that improving efficiency of policy and regulatory processes is one of the key drivers identified to enhance productivity among ASEAN Member States.

“This will substantially reduce the regulatory burden on businesses by improving the quality of existing regulations and ensuring the quality of new regulations”, he said.“The implementation of Good Regulatory Practice is systemic, involving

both top-down and bottom-up engagement. The emphasis is on transparency and accountability through public consultation and engagement with stakeholders and parties that will be affected by the changes, or introduction, of regulations and policies.”

“The success of public-private sectors collaboration in implementing regulatory reforms is reflected in Malaysia’s positive performance in the World Bank Doing Business 2015 report, where Malaysia is ranked 18th for the ease of doing business among 189 economies.” He said during his speech at opening of ASEAN-OECD Good Regulatory Practices Conference 2015.

MITI Weekly Bulletin / www.miti.gov.my 01

Page 2: MWB Volume 329

Source : MITI, 9 March 2015

Source : MITI, 10 March 2015

The Government is putting in place a comprehensive roadmap to enhance the nation’s exports amid uncertainties in the global market. The roadmap planned by the National Export Council (NEC) encompasses initiatives that will:

i. address the gaps in the export eco-system; ii. deepen market access for exporters through market linkers, industry specialists and specialised promotion programmes;iii. internationalise and develop resilient Small and Medium exporters via customised programmes such as Go-Ex; iv. ram up exports through champions and Mid-Tier companies; and v. improve the coordination of export promotion programmes among export-related government agencies.

These strategic action plans will be aligned with sectors targeted under the Government’s 11th Malaysia Plan and the National Key Economic Areas (NKEA). The Council intends to enhance exports through better facilitation including:

i. improving processes, procedures, regulations and documentation for exports; ii. infrastructure; iii. certification requirement; andiv. logistics.

Some of these initiatives will be implemented through the National Logistics Task Force that has been established. It is also inclusive whereby needs of the SMEs in exports will also be looked into. SMEs play an important role in contributing to the nation’s exports. Contribution by SMEs to export is still relatively small at 16.9% and is earmarked to grow to a target of 25% by 2020. For Mid-Tier Companies (MTCs) Development Programme, selected Mid-Tier companies will receive customised assistance to enhance their market access worldwide and to strengthen their export capabilities. Trends and developments in the digital world create new marketing channels in the e-space.

The Government will continue to provide the enabling environment and support for Malaysian companies, especially SMEs to adopt this mode of doing business. Among the initiatives that have been introduced include the eTrade programme, a collaborative effort between MATRADE and Multimedia Development Corporation (MDeC). This Programme will provide greater visibility for SMEs through leading international e-marketplaces to generate export growth.

In addition, the Government will enhance efforts to brand Malaysia and to secure acceptability for Malaysian products and services in international markets.

National Export Council - A Catalyst To Propel Malaysia’s Exports

Dato’ Sri Mustafa also launched the OECD Report, “Implementing Good Regulatory Practice in Malaysia”. The report highlights Malaysia’s achievement in the first 15 months of implementation of National Policy on the Development and Implementation of Regulations (NPDIR).

MITI Weekly Bulletin / www.miti.gov.my 02

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

Page 3: MWB Volume 329

Source : Department of Statistics, Malaysia

Trade in Goods , Jan 2014 - Jan 2015MALAYSIA

9.0

0

2

4

6

8

10

12

0

10

20

30

40

50

60

70

80

90

100

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

2014 2015

RM billionRM billion

Exports

Imports

Trade Balance

63.6 67.7 64.054.6 58.5 57.6

9.0 9.2

6.4

0

1

2

3

4

5

6

7

8

9

10

0

10

20

30

40

50

60

70

80

Jan 2015 Dec 2014 Jan 2014

RM billionRM billion

Exports

Imports

Trade Balance

Jan 2015 Dec 2014 Jan 2014 Change % (m-o-m)

Change % (y-o-y)RM billion

Exports 63.6 67.7 64.0 -6.0 -0.6Imports 54.6 58.5 57.6 -6.6 -5.3Trade Balance 9.0 9.2 6.4 -2.3 41.8Total Trade 118.2 126.2 121.6 -6.3 -2.8

MITI Weekly Bulletin / www.miti.gov.my 03

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

Page 4: MWB Volume 329

Top Five Trade Surplus Trading Partners, 2014

28.00 26.2523.16

18.5615.23

0

5

10

15

20

25

30

Japan Hong Kong Singapore India Netherlands

RM b

illio

n

Trade Surplus

Top Five Trading Partners in Africa, 2014

2,730.3 2,420.2 2,379.31,915.8 1,625.6

0

500

1,000

1,500

2,000

2,500

3,000

South Africa Kenya Egypt Angola Benin

RM m

illio

nExports (RM million)

2,331.6

1,162.6 1,125.5 1,015.8 907.3

0

500

1,000

1,500

2,000

2,500

South Africa Cote D'Ivoire Ghana Algeria Nigeria

RM m

illio

n

Imports (RM million)

MITI Weekly Bulletin / www.miti.gov.my 04

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

Source : Department of Statistics, Malaysia

Source : Department of Statistics, Malaysia

Page 5: MWB Volume 329

Exports to Japan and Imports from China, 201441.76

2.47 2.34 2.26 1.83

0

5

10

15

20

25

30

35

40

45

LNG Plywood Processors and Controllers Flat Panel Televisions Petroleum Oils, Crude and Others

RM b

illio

n

Top Five Exports to Japan by Six digit HS Codes

12.61

3.15 2.85 2.45 2.31

0

2

4

6

8

10

12

14

Processors and Controllers Telephone for CellularNetwork

Parts for Automatic DataProcessing Machines

Parts for Television Portable Digital AutomaticData Processing Machine

RM b

illio

n

Top Five Imports from China at Six digit HS Codes

23.16

10.91 9.527.29 6.47

0

5

10

15

20

25

China Costa Rica Taiwan France Switzerland

RM b

illio

n

Trade Deficit

Top Five Trade Deficit Trading Partners, 2014

Source : Department of Statistics, Malaysia

MITI Weekly Bulletin / www.miti.gov.my 05

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

Source : Department of Statistics

Source : Department of Statistics, Malaysia

Page 6: MWB Volume 329

Malaysia’s Trade in Diamonds, 2004-2014

Malaysia’s Trade in Jeweller y, 2004-2014

Exports, 180.1

Imports, 459.9

0

100

200

300

400

500

600

700

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

RM m

illio

n

Exports, 103.8

Imports, 67.7

0

100

200

300

400

500

600

700

800

900

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

RM m

illio

n

*HS 711311, 711320 : Articles of jewellery

*HS 7102 : DiamondSource : Department of Statistics, Malaysia

Source : Department of Statistics, Malaysia

06 MITI Weekly Bulletin / www.miti.gov.my

Did You Know?

Page 7: MWB Volume 329

Exports, 14.3

Imports, 15.3

02468

101214161820

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

RM b

illio

n

Source : http://www.tradingeconomics.com, Wikipedia

‘ASEAN and You’

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

K e y E c o n o m i c I n d i c a t o r sV i e t N a m

NationalAccount

GDP Growth Rate

6.96% (Q4 2014)

External Trade (2013)

Exports: US$ 148.64 bil.Imports: US$ 138.87 bil.

Total Trade:US$ 287.51 bil.

Malaysia’s Trade with Viet Nam : 2004-2014

PricesInflation Rate

0.34% (Feb 2015)

LabourUnemployment Rate

2.1% (Q4 2014)

Area332,698 sq km

128, 565 sq miles

Population92.55 million

2014

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin / www.miti.gov.my 07

Source : Department of Statistics, Malaysia

Page 8: MWB Volume 329

International Repor t“D

RIV

ING

Transform

ation, PO

WER

ING

Grow

th”

MITI Weekly Bulletin / www.miti.gov.my 08

Hong Kong Economic Indicators

GDP20142.3%

Unemployment RateJan 2015 3.3%Inflation Rate

Jan 20154.1%

Producer Price IndexQ3 2014108.2

Consumer Price IndexJan 2015123.1

Malaysia’s Trade with Hong Kong, 2014

Exports, 3,185.0

Imports, 961.3

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

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

RM m

illio

n

Source : Department of Statistics, Malaysia

Source : www.tradingeconomics.com

Page 9: MWB Volume 329

5.105.155.205.255.305.355.405.455.505.55

2.90

3.00

3.10

3.20

3.30

3.40

3.50

3.60

3.70

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

2014 2015

1 USD = RM 1 GBP = RM1 GBP = RM 5.51

1 USD = RM 3.59

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

Source : http://www.hardassetsalliance.com/charts/silver-price/usd/oz

Malaysian Ringgit Exchange Rate with US Dollar and Pound Sterling

Gold Prices, 19 December 2014 - 6 March 2015

Silver Prices, 19 December 2014 - 6 March 2015

Source : Bank Negara, Malaysia

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin / www.miti.gov.my 09

38.4

37.8

36.0

37.0

38.0

39.0

40.0

41.0

42.0

43.0

19

Dec

26 D

ec

2 Ja

n

9 Ja

n

16 Ja

n

23 Ja

n

30 Ja

n

6 Fe

b

13 F

eb

20 F

eb

27 F

eb

6 M

ar

US$/Gram Gold

16.1

15.9

14.5

15.0

15.5

16.0

16.5

17.0

17.5

18.0

18.5

19

Dec

26 D

ec

2 Ja

n

9 Ja

n

16 Ja

n

23 Ja

n

30 Ja

n

6 Fe

b

13 F

eb

20 F

eb

27 F

eb

6 M

ar

US$/Oz Silver

Page 10: MWB Volume 329

Source: Ministry of International Trade and Industry, Malaysia

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

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)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 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 MarAANZFTA 115 76 86 90 87 92 74 89AIFTA 110 132 139 143 120 240 122 126AJCEP 136 75 75 75 104 116 72 55

0

50

100

150

200

250

300

RM

mill

ion

11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 MarATIGA 561 4,904 546 773 631 11,127 9,861 4,055ACFTA 306 303 464 562 505 533 165 865AKFTA 656 166 184 327 1,064 487 592 1,795

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

RM

mill

ion

11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 MarMICECA 44.94 39.93 65.37 43.02 58.35 47.23 40.80 132.78MNZFTA 0.31 0.09 0.08 0.52 0.25 0.08 0.02 0.13MCFTA 12.17 24.98 9.42 14.72 7.43 8.30 5.61 9.29MAFTA 28.88 96.36 42.20 40.95 27.65 51.15 25.27 36.27

0

20

40

60

80

100

120

140

RM

mill

ion

11 Jan 2015 18 Jan 2015 25 Jan 2015 1 Feb 2015 8 Feb 2015 15 Feb 2015 22 Feb 2015 1 Mar 2015

AANZFTA 819 809 963 883 663 1,001 467 835AIFTA 498 584 531 558 559 521 485 467AJCEP 325 185 170 243 241 254 116 172ATIGA 3,967 4,297 3,775 4,693 4,081 4,287 2,648 3,695ACFTA 1,231 1,429 1,150 1,232 793 920 790 1,659AKFTA 585 629 767 760 665 823 610 643MICECA 267 266 302 311 307 344 236 278MNZFTA 10 3 6 13 7 6 2 5MCFTA 61 74 39 62 56 53 27 56MAFTA 375 376 417 450 341 481 206 360MJEPA 948 835 874 972 817 847 608 775MPCEPA 157 160 160 158 153 130 139 150GSP 144 112 163 196 104 152 73 170

11 Jan 18 Jan 25 Jan 1 Feb 8 Feb 15 Feb 22 Feb 1 MarMJEPA 145 152 355 157 123 133 116 145MPCEPA 34 75 20 18 41 17 72 19GSP 20 17 28 24 414 43 14 22

50

0

50

100

150

200

250

300

350

400

450

RM

mill

ion

Value of Preferential Certificates of Origin

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

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin / www.miti.gov.my10

Page 11: MWB Volume 329

CommodityCrude

Petroleum (per bbl)

Crude Palm Oil (per MT)

Raw Sugar

(per MT)

Rubber SMR 20(per MT)

Cocoa SMC 2

(per MT)

Coal(per MT)

Scrap Iron HMS

(per MT)6 Mar 2015

(US$) 49.6 692.5 300.5 1,412.0 2,110.4 57.7 260 (high)240 (low)

% change* 0.3 0.5 3.3 1.8 0.7 1.6 7.14.0

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

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin / www.miti.gov.my11

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

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.

Highest and Lowest Prices, 2014/2015

Lowest (US$ per bbl)

Highest(US$ per bbl)

Crude Petroleum (6 March 2015)US$49.6 per bbl

201413 June 2014: 107.6

201426 Dec 2014: 54.6

20152 Jan 2015: 53.8

201523 Jan 2015: 45.6

Lowest (US$ per MT)

Highest(US$ per MT)

Crude Palm Oil (6 March 2015)

US$692.5 per MT

201414 Mar 2014: 982.5

201426 Dec 2014: 664.0

201516 Jan 2015: 701.0

20156 Feb 2015: 621.0

Steel Bars(per MT)

RM1,900 - RM2,000

Average Domestic Prices, 27 Feb 2015

Billets(per MT)

RM1,500 - RM1,600

Page 12: MWB Volume 329

Source : 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“D

RIV

ING

Transform

ation, PO

WER

ING

Grow

th”

MITI Weekly Bulletin / www.miti.gov.my12

19,207

18,946

19,097 20,402

20,798

20,916

21,890

24,693 25,215

26,159 26,592

27,282

27,202 26,176

26,500

15,000

17,000

19,000

21,000

23,000

25,000

27,000

29,000

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

2014 2015

RM/

tonn

e

Pepper

* until 9 March 2015

56.4

54.653.8

48.4

48.7

45.6

48.2

51.752.8

50.849.8 49.6

40

42

44

46

48

50

52

54

56

58

19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar

US$

/bbl

Crude Petroleum

2,288.1

2,280.4

2,280.4

2,117.5

2,187.8

2,065.2

1,958.9

2,003.9

2,060.0

2,113.72,124.6

2,110.4

1,900

1,950

2,000

2,050

2,100

2,150

2,200

2,250

2,300

2,350

19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar

US$

/mt

Cocoa

314.8 314.0309.3

301.8

335.3

345.5

331.3

324.3

330.0326.8

310.8

300.5

280

290

300

310

320

330

340

350

360

19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar

US$

/mt

Raw Sugar

669.0

664.0

699.2

696.1

701.0

682.0

645.0

621.0

685.0 690.0 689.0692.5

600

620

640

660

680

700

720

19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar

US$

/mt

Crude Palm Oil

1,481.0

1,470.5

1,520.5

1,453.0

1,396.5

1,406.0

1,384.5

1,418.51,426.5

1,419.5

1,438.0

1,412.0

1,350

1,370

1,390

1,410

1,430

1,450

1,470

1,490

1,510

1,530

19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar

US$

/mt

Rubber SMR 20

Page 13: MWB Volume 329

Source : 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“D

RIV

ING

Transform

ation, PO

WER

ING

Grow

th”

MITI Weekly Bulletin / www.miti.gov.my13

51.7 51.8 51.8

53.5

51.651.1

49.9

51.1

56.156.9 56.8

57.7

48.0

50.0

52.0

54.0

56.0

58.0

60.0

19 Dec 26 Dec 2 Jan 9 Jan 16 Jan 23 Jan 30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar

US$

/mt

Coal

128.1

121.4

111.8

114.6

100.6

92.7

96.192.6

82.4 81.0

74.068.0 68.0

63.0

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

2014 2015

US$

/dm

tu

Iron Ore

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

12,000

13,000

14,000

15,000

16,000

17,000

18,000

19,000

20,000

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

2014 2015

RM/

tonn

e

Nickel

320.0 320.0 320.0 320.0 320.0 320.0 320.0

330.0

320.0

280.0 280.0

260.0

300.0 300.0 300.0 300.0 300.0 300.0 300.0

320.0

300.0

250.0 250.0

240.0

220

240

260

280

300

320

340

360

14 Nov 21 Nov 28 Nov 5 Dec 12 Dec 19 Dec 26 Dec 2 Jan 9 Jan 6 Feb 13 Feb 27 Feb

US$

/mt

Scrap Iron

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

* data not available from 16 - 30 Jan, and 20 Feb 2015

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

1,500

1,600

1,700

1,800

1,900

2,000

2,100

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

2014 2015

RM/

tonn

e

Aluminium

* until 9 March 2015

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 5,500

5,700

5,900

6,100

6,300

6,500

6,700

6,900

7,100

7,300

7,500

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

2014 2015

RM/

tonn

e

Copper

* until 9 March 2015

Page 14: MWB Volume 329

Majulah Koko Tawau Sdn Bhd was founded in the early 1970s, and went on to become a vertically integrated cocoa company producing cocoa butter and cocoa poder in 1976. Majulah Koko was in fact the second cocoa factory that was established and operating in Malaysia in the early 70s, when growing cocoa was still a rather new industry and field that was volatile and unpredictable. Nevertheless, the company found overwhelming success in the industry, both as a pioneer cocoa grower and exporter. Majulah Koko is the only cocoa factory in East Malaysia, and is affiliated with renowned brands such as Nestle, Cadbury, M&M’s, Mars Bars, Gerkens and EDF & Man. Now known as the purest cocoa product in the world, Majulah Koko products are of pure cocoa powder, medium and high fat cocoa powder and cocoa butter are no strangers to the cocoa industry. Under its in-house brand name of Hoko, the company even manufactures natural cocoa soap, cocoa shower gel, chocolate cereals, chocolate drinks and 3-in-1 instant beverages.

MAJULAH KOKO – ADVANCING IN THE COCOA INDUSTRY.

Majulah Koko processes cocoa beans from their own cocoa plantations, which are at their state-of-the-art processing plants in Tawau, Sabah. This plant is reputedly one of the most efficient cocoa processing plants in Asia. The company has been making, marketing and selling cocoa products for almost 37 years to reputable international buyers such as Nestle and Novartis, the makers of Milo and Ovaltine respectively under their original equipment manufacturing arm. To support its

extensive growth and demands, the company has highly qualified, well motivated staff and technicians who are equipped with substantial knowledge and advanced technical expertise and skills to meet the growing needs of their domestic and international buyers, for products ranging from customised orders to standard products alike. Majulah Koko range of products cover uniquely roasted high quality cocoa liquor, cocoa powder and its signature product, pure cocoa butter with a high melting point that attracts international buyers worldwide. The company owes its success in overcoming the recession and economic crises that affected millions worldwide, to its consistency in practicing a thrifty policy, both in terms of recruitment and expenditure. As quality is and will always remain a top priority at Majulah Koko, the company continues to provide only the best for all services and end products produced for customers.

Success StoryMAJULAH KOKO TAWAU SDN BHD

FINDING STRENGTH IN MATRADE SUPPORT.

Majulah Koko actively participates in MATRADE trade fairs and trade missions overseason a regular basis. The company is gratefulfor the Market Development Grant (MDG) provided by MATRADE – that has considerably lessened their burden in ex-panding theirnetwork overseas. Majulah Koko sees MATRADE as a government agency which is necessary and vital to the growthof Malaysian home-grown companies that are seeking to expand and penetrate into relevant export markets today. Through their participation in various MATRADE exhibitions, Majulah Koko has managed to close significant deals and working partnerships with buyers from well-known backgrounds in the cocoa industry.

Teck Guan Regency,318 Jalan St. Patrick, Off Jalan Belunu,P.O Box 33, 91007 Tawau,Sabah, Malaysia.Tel : 60-89-772277Fax : 60-89-769955Email : [email protected] [email protected] Visit their Website : http://WWW.teckguan.com

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MITI Programme

Workshop on Logical Framework Approach and Creativity Index (CI) for the Manufacturing Sector, 5-7 March 2015

MITI Minister’s Visit to Samalaju, Bintulu, Sarawak9 March 2015

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In Memory of MH 370 08.03.2014

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