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| | MALAYSIA Economy Report :: Trade in Malaysia,Bids in Malaysia,Tenders in Malaysia,B2B Business in Malaysia,Asian ... |
 | | While the world economic slowdown was more severe than expected and the unprecedented September 11 events in the United States had widespread implications for all economies, Malaysia was able to steer away from a major economic contraction and GDP growth for the year remained in positive territory. |
 | | However, given the openness of its economy with trade accounting for about 200 percent of gross domestic products (GDP), Malaysia was not spared from the negative effects of the United States economic slowdown and global electronics downturn, These were manifested in declining manufacturing production and negative export growth, particularly of electronics. |
 | | Malaysia, therefore, needs to ensure that the economic recovery gathers momentum and that the downside risks are minimized. |
| www.asiatradehub.com /malaysia/economy.asp (3068 words) |
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