10th Malaysia Plan - Highlights
1. Creating a private Sector-led Economy
2. Supporting Innovation-lead growth
3. Creating Innovation opportunities
4. Funding Innovation
5. Rationalizing role of government in Business
6. Developing SMEs as an Engine of growth and Innovation
7. Competing Globally
8. Establishing world-Class infrastructure to support growth and enhance productivity
9. Focusing on Key Growth Engines
10th Malaysia Plan - Key Variables
1. GDP
2. Private Investment
3. Private Consumption
4. Public Investment
5. Exports
28June-02July Economy Indicators
June 28:
- Japan: Retail trade m-o-m and y-o-y
- Japan: Jobless Rate Data
- 股东大会: Scomien
June 29:
- US: Consumer confidence Index
- Japan: Industrial Production Figures
- 股东大会: MBFHLDG, TWSCORP, SUNWAY
June 30:
- Eurozone: CPI Estimation
- Malaysia: Production Price Index (PPI)
- 股东大会: LCL
July 01:
- US: Initial Jobless Claim
- Eurozone: PMI Manufacturing Figures
- Japan: Vehicle Sales Data
- China: PMI Manufacturing Figures
- 股东大会: OSKVI
July 02:
- Mas: Trade Balance Figures
- HK: Apr Retail Sales Figures
- US :Total Vehicle Sales Figures
- US: Unemployment Rates
- Eurozone: Apr Unemployment Rate
- Eurozone: Production Price Index (PPI)
- Singapore: Industrial Production Fiures
- 股东大会: PERISAI, ALAM, MAHSING, SUNCITY
- Japan: Retail trade m-o-m and y-o-y
- Japan: Jobless Rate Data
- 股东大会: Scomien
June 29:
- US: Consumer confidence Index
- Japan: Industrial Production Figures
- 股东大会: MBFHLDG, TWSCORP, SUNWAY
June 30:
- Eurozone: CPI Estimation
- Malaysia: Production Price Index (PPI)
- 股东大会: LCL
July 01:
- US: Initial Jobless Claim
- Eurozone: PMI Manufacturing Figures
- Japan: Vehicle Sales Data
- China: PMI Manufacturing Figures
- 股东大会: OSKVI
July 02:
- Mas: Trade Balance Figures
- HK: Apr Retail Sales Figures
- US :Total Vehicle Sales Figures
- US: Unemployment Rates
- Eurozone: Apr Unemployment Rate
- Eurozone: Production Price Index (PPI)
- Singapore: Industrial Production Fiures
- 股东大会: PERISAI, ALAM, MAHSING, SUNCITY
21-25June Economy Indicators
June 21:
- Japan: Nationwide department store and convenience store sales
- 股东大会: MAS, BERNAS, AZRB
June 22:
- Malaysia: Foreign Reserves
- US: Monthly House Price Index
- 股东大会: AXIATA, EONCAP, TWSCORP, TIME, MPHB
June 23:
- Singapore: May CPI
- 美联储公布利率决议
- 股东大会: Puncak, TA, TAGB, JETSON, KNM
June 24:
- US Initial Jobless Claims
- HK : Trade Balance Figures
- 股东大会: ALLIANZ, SAAG, TOPGLOV
June 25:
- US: Anualised GDP
- Japan: CPI Figures
- China: Industrial Profits YTD
- Singapore: Industrial Production Fiures
- 股东大会: PERISAI, ALAM, MAHSING, SUNCITY
- Japan: Nationwide department store and convenience store sales
- 股东大会: MAS, BERNAS, AZRB
June 22:
- Malaysia: Foreign Reserves
- US: Monthly House Price Index
- 股东大会: AXIATA, EONCAP, TWSCORP, TIME, MPHB
June 23:
- Singapore: May CPI
- 美联储公布利率决议
- 股东大会: Puncak, TA, TAGB, JETSON, KNM
June 24:
- US Initial Jobless Claims
- HK : Trade Balance Figures
- 股东大会: ALLIANZ, SAAG, TOPGLOV
June 25:
- US: Anualised GDP
- Japan: CPI Figures
- China: Industrial Profits YTD
- Singapore: Industrial Production Fiures
- 股东大会: PERISAI, ALAM, MAHSING, SUNCITY
07-11June KPI
June 14:
- Japan: Bank of Japan Monetary Policy Meeting
- Japan Industrial Production Index
June 15:
- Eurozone Trade Balance Data and Employment
- Singapore Statistic on retail sales
- 股东大会: AeonCR, PBA, SUMATEC, Bkawan, Maxis
June 16:
- US ABC consumer confidence numbers
- US Housing Starts
- US building Permits
- US Industrial Production
- 股东大会: ASIAEP, Kurasia, KBB, Mulphal, Msniaga
June 17:
- US CPI
- US current account balance
- Singapore Figures on Electronics Exports & Non-Oil Domestic Exports
- 股东大会: MFLOUR, UMW, TWSPLNT, DEGEM
June 18:
- Malaysia May CPI Figures
- 股东大会: PALETTE, PMIND
- Japan: Bank of Japan Monetary Policy Meeting
- Japan Industrial Production Index
June 15:
- Eurozone Trade Balance Data and Employment
- Singapore Statistic on retail sales
- 股东大会: AeonCR, PBA, SUMATEC, Bkawan, Maxis
June 16:
- US ABC consumer confidence numbers
- US Housing Starts
- US building Permits
- US Industrial Production
- 股东大会: ASIAEP, Kurasia, KBB, Mulphal, Msniaga
June 17:
- US CPI
- US current account balance
- Singapore Figures on Electronics Exports & Non-Oil Domestic Exports
- 股东大会: MFLOUR, UMW, TWSPLNT, DEGEM
June 18:
- Malaysia May CPI Figures
- 股东大会: PALETTE, PMIND
US Economy News and Report: In June
1. ISM Manufacturing Index
US Institute for Supply Management Manufacturing Index dropped to 59.7 in May vs 60.4 in Apr 2010. Anyhow, the figures still above market expectation of a decline to 59.
Meanwhile, the Price Paid Index fell to 77.5 from last month 78 while expectation was just 72. This has marked the 10th consecutive months of manufacturing expansion with 16/18 manufacturing industries are growth in May as well.
The ISM Manufacturing Index shows business conditions in the US manufacturing sector, considering expectation for future production, new orders, inventories, employment and deliveries. It is a significant indicator of the overall economic condition in US.
2. New Jobless Claim
The trend reported by US Labor Department as below:
May 7 - 445k
May 14 - 474k +29k
May 21 - 463k -11k
May 28 - 459k - 4k
June 4 - 460k + 1k
June 11 - 472k +12k
3. Trade Deficit
US Trade Deficit widened 0.6% m-o-m to USD40.3B in Apr, as the highest level in the past 16months. The Europe's debt crisis could cripple the export recovery in US, as Economist worry that Europe would dampen demand in a region which accounts for about 15% of US Exports.
4. Exports
US export in Apr slipped to USD148.8B as demand of US farm product dropped USD647M. Besides, the manufactured goods from electric generators to industrial machinery and aircraft engines also shows weakness spreading of numbers.
Meanwhile, import fell to USD189.1B, as consumer goods imports dipped USD741M, and the biggest decline was in pharmaceutical products.
5. Factories Lead
Production in US was the highest rise since August. Output at factories, mines and utilities increased 1.2% last month after a 0.7% gained in Apr. The Housing starts fell 10%, the biggest decline since March of 2009.
6. May Producer Prices
Wholesales prices in US fell in May for 3rd times in the past 4 months, due to lower costs for energy and food as European default concerns threatened to slow the global expansion. The price declined 3%, in price paid to factories, farmers and other producers was smaller than projected by the median forecast of economist.
7. Keep Intrest Rates at Record Low
The US Fed keep the benchmark interest Rate at a record low of 0% to 0.25% for an extended period, signaling concerns that Europe's sovereign debt crisis may hurt the country economy recovery. Eventually, Household spending is increasing but remain constrained by high unemployment, modest income growth, lower housing wealth and tight credit. Economist believe that Feb will only raise the rate in 1Q of 2011.
8. May Home Sales Drop
New home sales fell by 32.7% m-o-m to annual pace of 300000units in May, compared with 14.7% in Apr. New home sales y-o-y fell by 19.1% in May, after a rising by 29.3% in Apr. This suggest a recovery of the housing market in US remains uneven.
US Institute for Supply Management Manufacturing Index dropped to 59.7 in May vs 60.4 in Apr 2010. Anyhow, the figures still above market expectation of a decline to 59.
Meanwhile, the Price Paid Index fell to 77.5 from last month 78 while expectation was just 72. This has marked the 10th consecutive months of manufacturing expansion with 16/18 manufacturing industries are growth in May as well.
The ISM Manufacturing Index shows business conditions in the US manufacturing sector, considering expectation for future production, new orders, inventories, employment and deliveries. It is a significant indicator of the overall economic condition in US.
2. New Jobless Claim
The trend reported by US Labor Department as below:
May 7 - 445k
May 14 - 474k +29k
May 21 - 463k -11k
May 28 - 459k - 4k
June 4 - 460k + 1k
June 11 - 472k +12k
3. Trade Deficit
US Trade Deficit widened 0.6% m-o-m to USD40.3B in Apr, as the highest level in the past 16months. The Europe's debt crisis could cripple the export recovery in US, as Economist worry that Europe would dampen demand in a region which accounts for about 15% of US Exports.
4. Exports
US export in Apr slipped to USD148.8B as demand of US farm product dropped USD647M. Besides, the manufactured goods from electric generators to industrial machinery and aircraft engines also shows weakness spreading of numbers.
Meanwhile, import fell to USD189.1B, as consumer goods imports dipped USD741M, and the biggest decline was in pharmaceutical products.
5. Factories Lead
Production in US was the highest rise since August. Output at factories, mines and utilities increased 1.2% last month after a 0.7% gained in Apr. The Housing starts fell 10%, the biggest decline since March of 2009.
6. May Producer Prices
Wholesales prices in US fell in May for 3rd times in the past 4 months, due to lower costs for energy and food as European default concerns threatened to slow the global expansion. The price declined 3%, in price paid to factories, farmers and other producers was smaller than projected by the median forecast of economist.
7. Keep Intrest Rates at Record Low
The US Fed keep the benchmark interest Rate at a record low of 0% to 0.25% for an extended period, signaling concerns that Europe's sovereign debt crisis may hurt the country economy recovery. Eventually, Household spending is increasing but remain constrained by high unemployment, modest income growth, lower housing wealth and tight credit. Economist believe that Feb will only raise the rate in 1Q of 2011.
8. May Home Sales Drop
New home sales fell by 32.7% m-o-m to annual pace of 300000units in May, compared with 14.7% in Apr. New home sales y-o-y fell by 19.1% in May, after a rising by 29.3% in Apr. This suggest a recovery of the housing market in US remains uneven.
China Economy News and Report: June
1. Exports
China Exports surged almost 50% in May. This figure probably would not sustain longer as the country's biggest trading partner, Europe fell into debt crisis just triggered in May, warned by Analyst.
The export have rebounded to pre-crisis levels, about USD131.7B from USD120.5B compared to the year 2008. Export to Europe were also up by 34.4%.
The import growth slowed from its Apr Levels of 49.7%
2. Property Price
Home Price in China - 70 large and medium sized cities was rose 12.4% y-o-y in May. The growth rate in fact was lower 0.4% in Apr, as China Government measure was in property sector that shows effect to the first-tier cities such as Beijing, Shanghai and Shenzhen.
3. PMI
China PMI - Purchase Managers Indexes shows a slower expansion in manufacturing activities in May, whereby the index fell to 53.9 from 52.7 in Apr. Meanwhile HSBC China Manufacturing Purchasing Managers Index also fell to 52.7 in May, from 55.2 in Apr. This has triggered a concerns that recent tightening move stressed by China Government could probably lead to a double dip in domestic economy.
A PMI reading above 50 indicates growth, while the other way round indicates contraction.
4. 通涨
五月份居民消费价格较上年增3.1%，创19个月高点，超越四月份的2.8%，工业品出厂价格则由四月份的6.8%升至7.1%。
5. De-pegs Yuan to US Dollar
PBoc(Public bank of China) stressed the prospect of greater flexibility rather than currency strength. The Yuan now can rise of fall 0.5% against US Dollar, which allowed yuan to stage "mini-revaluations vis the market" in the medium terms. A Stronger Yuan will boost China import and improve global balancing. It also helps to reduce the threat of protectionism. The decision actually signals the government confidence in Chine's economy.
China Exports surged almost 50% in May. This figure probably would not sustain longer as the country's biggest trading partner, Europe fell into debt crisis just triggered in May, warned by Analyst.
The export have rebounded to pre-crisis levels, about USD131.7B from USD120.5B compared to the year 2008. Export to Europe were also up by 34.4%.
The import growth slowed from its Apr Levels of 49.7%
2. Property Price
Home Price in China - 70 large and medium sized cities was rose 12.4% y-o-y in May. The growth rate in fact was lower 0.4% in Apr, as China Government measure was in property sector that shows effect to the first-tier cities such as Beijing, Shanghai and Shenzhen.
3. PMI
China PMI - Purchase Managers Indexes shows a slower expansion in manufacturing activities in May, whereby the index fell to 53.9 from 52.7 in Apr. Meanwhile HSBC China Manufacturing Purchasing Managers Index also fell to 52.7 in May, from 55.2 in Apr. This has triggered a concerns that recent tightening move stressed by China Government could probably lead to a double dip in domestic economy.
A PMI reading above 50 indicates growth, while the other way round indicates contraction.
4. 通涨
五月份居民消费价格较上年增3.1%，创19个月高点，超越四月份的2.8%，工业品出厂价格则由四月份的6.8%升至7.1%。
5. De-pegs Yuan to US Dollar
PBoc(Public bank of China) stressed the prospect of greater flexibility rather than currency strength. The Yuan now can rise of fall 0.5% against US Dollar, which allowed yuan to stage "mini-revaluations vis the market" in the medium terms. A Stronger Yuan will boost China import and improve global balancing. It also helps to reduce the threat of protectionism. The decision actually signals the government confidence in Chine's economy.
Malaysia Economy News and Report: In June
1. Malaysia April Manufacturing Sales:
The sales value of the country's manufacturing sector recorded a double digit y-o-y growth in Apr at 19.6%. There are total of 77 out of 116 industries was covered by the survey of statistics department of Malaysia. Total 968773 employees engaged in the manufacturing sector in Apr 2010, increased by 25302 compared to Apr 2009.
2. Malaysia IPI
The IPI - Industrial Production Index was increased to 106.1, which rising about 10.1% y-o-y in Apr 2010. Manufacturing sector increased 14.3%, mining 0.8% and electricity 12.1%. Base on M-o-M, the index actually dropped 4.2% against March 2009
3. Foreign Reserve
Malaysia FR fell to RM312.21B as of May 31, from 313.92B at the end of Apr.
4. Exports
Malaysia total exports in Apr rose 26.6% y-o-y and import surged 27% respectively. The export contributed RM52.03B while import at RM42.8B.
Total trade was grew 26.7% to RM94.83B y-o-y, but m-o-m, both exports and import fell 12.4% and 5.1%. Obviously, export figures were due to Electronics Products which rose 21.5%, Crude Petroleum up 93%, Chemicals and chemicals product up 26.6%, and refined petroleum products up 50.4%.
5. Manufacturing Approvals
Total manufacturing investments declined sharpls by 34.6% y-o-y or 56.2% q-o-q or RM5.2B in 1Q2010. If excluding lumpy projects approved in the previous quaters, investment approvals have generally been on a downtrend since 4Q2007.
Domestic Investment approvals dropped 53.1% y-o-y in 1Q2010 as well.
Foreign Investment approvals fell 13.3% y-o-y or 64% q-o-q in 1Q2010.
6. May 2010 CPI
Consumer Price Index for May rose 1.6% to 113.3 from 111.7 y-o-y. The increase was due to all the main groups except clothing and footwear drop 1.7% and communication abt -0.4%. For m-o-m, CPI rose 0.3%.
The sales value of the country's manufacturing sector recorded a double digit y-o-y growth in Apr at 19.6%. There are total of 77 out of 116 industries was covered by the survey of statistics department of Malaysia. Total 968773 employees engaged in the manufacturing sector in Apr 2010, increased by 25302 compared to Apr 2009.
2. Malaysia IPI
The IPI - Industrial Production Index was increased to 106.1, which rising about 10.1% y-o-y in Apr 2010. Manufacturing sector increased 14.3%, mining 0.8% and electricity 12.1%. Base on M-o-M, the index actually dropped 4.2% against March 2009
3. Foreign Reserve
Malaysia FR fell to RM312.21B as of May 31, from 313.92B at the end of Apr.
4. Exports
Malaysia total exports in Apr rose 26.6% y-o-y and import surged 27% respectively. The export contributed RM52.03B while import at RM42.8B.
Total trade was grew 26.7% to RM94.83B y-o-y, but m-o-m, both exports and import fell 12.4% and 5.1%. Obviously, export figures were due to Electronics Products which rose 21.5%, Crude Petroleum up 93%, Chemicals and chemicals product up 26.6%, and refined petroleum products up 50.4%.
5. Manufacturing Approvals
Total manufacturing investments declined sharpls by 34.6% y-o-y or 56.2% q-o-q or RM5.2B in 1Q2010. If excluding lumpy projects approved in the previous quaters, investment approvals have generally been on a downtrend since 4Q2007.
Domestic Investment approvals dropped 53.1% y-o-y in 1Q2010 as well.
Foreign Investment approvals fell 13.3% y-o-y or 64% q-o-q in 1Q2010.
6. May 2010 CPI
Consumer Price Index for May rose 1.6% to 113.3 from 111.7 y-o-y. The increase was due to all the main groups except clothing and footwear drop 1.7% and communication abt -0.4%. For m-o-m, CPI rose 0.3%.
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