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Topic: Economy of Malaysia


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In the News (Fri 17 Aug 18)

  
  Malaysia - Economy
Malaysia was one of the most prosperous nations in Southeast Asia before 1998, albeit with the mood swings inherent in an export-oriented economy.
Until the 1970s, Malaysia's economy was based chiefly on its plantation and mining activities, with rubber and tin the principal exports.
In 1990 Malaysia was the world's largest exporter of tropical hardwood, the world's fourth-largest producer of cocoa, and the source of 60% of the world's palm oil (1990).
www.nationsencyclopedia.com /Asia-and-Oceania/Malaysia-ECONOMY.html   (1061 words)

  
  Economy of Malaysia - Wikipedia, the free encyclopedia
Malaysia is a small and relatively open economy.
From 1988 to 1997, the economy experienced a period of broad diversification and sustained rapid growth averaging 9% annually.
Malaysia is an important trading partner for the United States.
en.wikipedia.org /wiki/Economy_of_Malaysia   (1626 words)

  
 Welcome to Tourism Malaysia
West Malaysia is bordered by Thailand to the north, Singapore to the south, South China Sea to the east, and Straits of Malacca to the west.
East Malaysia shares its southern border with Indonesia, and is cradled by the South China Sea to the west and north, and the Sulu Sea to the northeast.
Malaysia is pampered with a warm tropical climate, with general temperatures ranging from 70° F to 90° F. The weather is very strongly influenced by the Northeast and the Southwest Monsoon.
www.tourismmalaysiausa.com /about.asp   (998 words)

  
 !malaysia, economy, exports, trade, afta, berhad, economical
West Malaysia (or Peninsular Malaysia) on the Malay Peninsula shares a land border on the north with Thailand and is connected by the Johor-Singapore Causeway and the Malaysia-Singapore Second Link on the south with Singapore.
Malaysia has since maintained a delicate ethno-political balance, with a system of government that has attempted to combine overall economic development with political and economic policies that favour Bumiputras, the native population which includes the majority Malays.
In the late 1990s, Malaysia was shaken by the Asian financial crisis as well as political unrest caused by the sacking of the deputy prime minister Dato' Seri Anwar Ibrahim.
malaysiaexports.net   (1244 words)

  
 Malaysia Economy
The consensus among public and private sector analysts is that the economy will continue to grow by at least 6.0% to 6.5% in 2004, on strong domestic demand and global growth in major countries and regional economies but with reservations on continued high oil prices.
Malaysia is one of the world's largest exporters of semiconductor devices, electrical goods, and appliances, and the government has ambitious plans to make Malaysia a leading producer and developer of high-tech products, including software.
One controversial NEP goal was to alter the pattern of ownership of corporate equity in Malaysia, with the government providing funds to purchase foreign-owned shareholdings on behalf of the bumiputera population.
www.nationbynation.com /Malaysia/Economy.html   (757 words)

  
 web page   (Site not responding. Last check: )
Malaysia has one of the strongest economies in Southeast Asia, and of all Asian countries, only Japan and Singapore are stronger economically.Malaysia's economy mainly depends on its manufactured goods and major resources such as petroleum and liquefied natural gas, rubber, timber and wood products, farm products such as cocoa and pepper, tin, and palm oil.
Malaysia is also one of the few third world countries that manufactures automobiles which helps their economy.
Malaysia is slowly recovering and is on the road to a stable economy.
www.ri.net /schools/East_Greenwich/Cole/malaysiaeconomy.html   (725 words)

  
 WTO | Trade policy review - Malaysia 2001
Nonetheless, the economy did rebound, with GDP growing by 6.1% in 1999 and by 8.3% in 2000 so that at the end of 2000, real output in value terms exceeded the pre-crisis level (however, per capita income was US$3,531 in 2000, around 20% lower than the pre-crisis level).
Malaysia coordinates its policies on WTO matters with other ASEAN members, and, at the same time, it endeavours to ensure that its participation in regional trade arrangements is consistent with the main principles underlying the WTO Agreements.
Malaysia is not a party to the GPA, although it does participate in the WTO working group on transparency in government procurement.
www.wto.org /english/tratop_e/tpr_e/tp180_e.htm   (4599 words)

  
 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)

  
 Malaysia Economy
The consensus among public and private sector analysts is that the economy will continue to grow by at least 6.0% to 6.5% in 2004, on strong domestic demand and global growth in major countries and regional economies but with reservations on continued high oil prices.
Malaysia is one of the world's largest exporters of semiconductor devices, electrical goods, and appliances, and the government has ambitious plans to make Malaysia a leading producer and developer of high-tech products, including software.
One controversial NEP goal was to alter the pattern of ownership of corporate equity in Malaysia, with the government providing funds to purchase foreign-owned shareholdings on behalf of the bumiputera population.
www.multied.com /NationbyNation/Malaysia/Economy.html   (757 words)

  
 Economy | Malaysia.Is-There
This is compounded by the fact that Malaysia is neither the cheapest place to run a factory, nor well-equipped and well-run enough to be host to the regional HQs of the largest companies.
Perhaps its simpler to say that Malaysia is well-suited to be a forerunner in the largely untapped global halal logistics industry.
Well, with Malaysia recently lifting its import ban on American beef, rumours that the United States will soon start free trade talks with Malaysia are easy to believe, and should indeed happen given that news reports already point towards International Trade and Industry Minister Datuk Seri Rafidah Aziz arriving in the US.
malaysia.is-there.net /category/economy   (1508 words)

  
 Economy
Malaysia made a quick economic recovery in 1999 from its worst recession since independence in 1957.
Government and private forecasters expect Malaysia to continue this trend in 2000, predicting GDP to grow another 5% to 6%.
While Malaysia's immediate economic horizon looks bright, its long-term prospects are clouded by the lack of reforms in the corporate sector, particularly those dealing with competitiveness and high corporate debt.
www.sealinks.de /countries/malaysia/malaysia-economy.htm   (318 words)

  
 Investor Information: MALAYSIA
Malaysia is a substantial producer of crude petroleum for export-but its reserves of natural gas are quite large in relation to its crude oil reserves (75 TCF of gas versus three billion barrels of oil in 2001).
Malaysia is signatory to the U.N.-sponsored convention on the settlement of investment disputes.
Malaysia provides protection to all works (inter alia video tapes, audio material, and computer software) published in Berne Convention countries regardless of when the works were first published in Malaysia.
www.aabf.org /malaysia_inv_guide.htm   (5790 words)

  
 Malaysia Economy | globalEDGE
Malaysia is one of the world's largest exporters of semiconductor devices, electrical goods, and information and communication technology (ICT) products.
Malaysia's New Economic Policy (NEP), first established in 1971, sought to eradicate poverty and to enhance the economic standing of ethnic Malays and other indigenous peoples (collectively known as "bumiputeras").
Malaysia narrowly avoided a return to recession in 2001 when its economy was negatively impacted by the bursting of the dot-com bubble (which hurt the ICT sector) and slow growth or recession in many of its important export markets.
globaledge.msu.edu /countryInsights/economy.asp?countryID=29®ionID=3   (506 words)

  
 The Economy of Malaysia
The ethnic composition of Malaysia is of significance because some public policies are based upon ethnicity.
Whether the Plaza Accord was the cause of the devaluation of the dollar is in doubt, but nevertheless the Malaysian Government felt victimized by a conspiracy of the big powers and decided to strike back by using the information its central bank obtained from other central banks to speculate in the currency markets.
Malaysia rejected the orthodox policy proposed by the IMF for dealing with its economic crisis.
www2.sjsu.edu /faculty/watkins/malaysia.htm   (479 words)

  
 BBC News | THE ECONOMY | Malaysia's economy: The Sinatra Principle
IMF loans come with conditions on economic policy, so Malaysia was freer to choose its own policies for the crisis.
In its most recent review of Malaysia the IMF's Board concluded that the breathing space afforded by the controls had been used well to push ahead with reforms in the financial sector and strengthen the banking system.
In any event, Malaysia's recovery may also reflect the fact that its banks were relatively well regulated in the first place, and its more modest amount of foreign debt.
news.bbc.co.uk /1/hi/business/the_economy/521017.stm   (814 words)

  
 Economy - Malaysia - (Legal500.com)   (Site not responding. Last check: )
The Malaysian economy incorporates a rather uneasy balance of free trade in the Western capitalist sense and a protectionist attitude towards ethnic Malays (Bumiputras).
Malaysia's traditional economy was based on the production of raw materials, most notably rubber and palm oil.
The economy grew 7.1% in 2004 to a GDP of US$229.3bn, a significant improvement on 2003.
www.icclaw.com /as500/edit/my2.htm   (442 words)

  
 Malaysia’s economy grows 6.7pc -DAWN - Business; November 29, 2007
KUALA LUMPUR, Nov 28: Malaysia’s economy grew 6.7 per cent in the third quarter helped by strong private consumption and investment, putting it on track for a 2007 target of 6 per cent, the central bank said on Wednesday.
The economy grew by 5.7 per cent in the second quarter and Zeti said that its momentum was expected to be sustained in the near term.
Malaysia has launched a campaign to attract 20.1 million tourists this year, up from 17.5 million visitors in 2006.
www.dawn.com /2007/11/29/ebr16.htm   (310 words)

  
 Malaysia Information
Malaysia is located in south-east Asia bordering the South China Sea between Vietnam and Indonesia.
The Malaysian economy, a mixture of private enterprise and a soundly managed public sector, has posted a remarkable record of 8%-9% average growth in 1987-92.
Malaysia has 1,801 km of railroads, 29,026 km of highways and 7,296 km of inland waterways.
sunsite.nus.sg /SEAlinks/malaysia-info.html   (511 words)

  
 Economy Of Malaysia
Malaysia, a middle-income country, transformed itself from 1971 through the late 1990s from a producer of raw materials into an emerging multi-sector economy.
As a result Malaysia was hard hit by the global economic downturn and the slump in the information technology (IT) sector in 2001 and 2002.
The economy grew 4.9% in 2003, notwithstanding a difficult first half, when external pressures from SARS and the Iraq War led to caution in the business community.
www.appliedlanguage.com /country_guides/malaysia_country_economy.shtml   (559 words)

  
 Malaysia's Economy
Malaysia is the world's leading producer of natural rubber and of palm oil.
Malaysia is the world's leading tin producer, accounting for 30% of world supplies but tin mining has declined.
Malaysia "unpegged" the ringgit from the US dollar in 2005 and the currency appreciated 6% against the dollar in 2006.
www.vtaide.com /ASEAN/Malaysia/economy.html   (465 words)

  
 Malaysia's Economy Will Continue To Grow - ADB.org   (Site not responding. Last check: )
The Malaysian economy bounced back from a 7.5 percent contraction in 1998 to expand by 5.4 percent in 1999, according to the Asian Development Bank (ADB).
The trade surplus in 1998 was driven by import compression, as imports declined much more sharply than exports but the 1999 surplus resulted from a higher initial level of exports as exports and imports expanded at similar rates.
These include ongoing restructuring in the construction, manufacturing and financial sectors; the tendency for private companies to employ migrant workers as wage pressures begin to mount; and a loss of competitiveness in producing labor-intensive, low-value-added goods because of increased competition from countries with cheaper unskilled labor.
www.adb.org /Documents/News/2000/nr2000049.asp   (582 words)

  
 An FTA for the Future by Ambassador Christopher J. LaFleur
The U.S. has been Malaysia's number one foreign market and the number one source of investment for many years, so it seems clear that it would be in Malaysia's interest to reinforce this relationship as we in the Asia-Pacific region move into a new and more competitive era.
A key thrust of the Plan is to move Malaysia's economy away from manufacturing toward a higher-tech knowledge-based economy, especially in sectors such as ICT, biotechnology, and services.
Indeed, it is unlikely that Malaysia would be able to attract the volume of "greenfield" investment required for this transition in the absence of some paradigm changing event, such as an FTA.
malaysia.usembassy.gov /ambsp042706.htm   (1960 words)

  
 Speech from the Minister for Trade: Malaysia: An Economy Transformed
Malaysia and Australia are strong advocates for a robust rules-based international trading system as a means of ensuring a predictable and stable trading environment.
Like Australia, Malaysia is a relatively open economy which recognises the importance of international trade for its prosperity.If we look at trade as a share of output, Malaysia is the fourth most open economy in the world.
The education relationship is evolving, particularly as Malaysia plans to establish itself as a regional educational hub, and there are good prospects for growth in education services.
www.trademinister.gov.au /speeches/2005/050210_malaysia_an_economy_transformed.html   (897 words)

  
 Economy of Malaysia
In terms of agriculture, Malaysia is one of the top exporters of natural rubber and palm oil, which together with sawn logs and sawn timber, cocoa, pepper, pineapple and tobacco dominate the growth of the sector.
Malaysia was once the world's largest producer of tin until the collapse of the tin market in the early 1980s.
Malaysia is the founding member of the ASEAN Free Trade Area which was established in 1992 to promote trade among ASEAN members.
www.jgames.co.uk /title/Economy_of_Malaysia   (5226 words)

  
 aseansources.com - Malaysia Economy Growth
Local industries play a vital role in Malaysia's economy and for this reason, Malaysia government along with others trade associations are trying to promote 20 to 30 percent of Small and Medium-Scale Industries (SMIs) in Malaysia to penetrate into globalisation and world trade market (The Star, June 2004).
Malaysia is an emerging multi-sector country with strong growth that exclusively driven by export orientated manufacturing sector, particularly electrical and electronics.
Nevertheless, the Malaysian economy began to rebound in the second half of 2003.
www.aseansources.com /jsp/malaysia_economy_stat.jsp   (308 words)

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