MALAYSIAS FLAG DATE FROM 1963.ITS 14 RED AND WHITE STRIPES AND 14 POINT GOLD STAR SYMBOLIZE MALAYSIAS ORIGINAL 14 STATES.THE CRESCENT REPRESENTS ISLAM
MAIN NATURAL RESOURCES Rubber, palm oil processing and manufacturing, processing timber, lumber, petroleum production and refining, natural gas and tin mining and smelting. -The Malaysian Governments application of the concept of sustainable forest management, efforts are also being made in undertaking activities in
MAIN INDUSTRY: Electrical and Electronic Goods are the main industry, responsible for nearly two-thirds of total industrial exports. Electrical and electronic exports earned a total of 189.4bil (56%) of Malaysia's total exports.
MAIN EXPORTS: Electronic equipment, petroleum and liquefied natural gas, wood and wood products, palm oil, rubber, textiles. NATURAL GAS RESERVES: 2.35 TRILLION CU M (2008) NATURAL GAS EXPORTS: 31.6 BILLION CU M (2007)
EXPORT PARTNERS: US 15.6%, SINGAPORE 14.6%, JAPAN 9.1%, CHINA 8.8%, THAILAND 5%, HONGKONG 4.6% MAIN IMPORTS: Machinery, plastics, vehicles, iron and steel products and chemicals IMPORT PARTNERS: JAPAN 13%, CHINA 12.9%, SINGAPORE 11.5%, US 10.8%, TAIWAN 5.7%, THAILAND 5.3%, SOUTH KOREA 4.9%, GERMANY
BRIEF HISTORY During the late 18th and 19th centuries, Great Britain established colonies and protectorates in the area of current Malaysia; these were occupied by Japan from 1942 to 1945. In 1948, the British-ruled territories on the Malay Peninsula formed the Federation of Malaya, which became independent in 1957.
Malaysia was formed in 1963 when the former British colonies of Singapore and the East Malaysian states of Sabah and Sarawak on the northern coast of Borneo joined the Federation. The first several years of the countrys history were marred by a Communist insurgency, Indonesian confrontation with Malaysia, Philippines claims Sabah, and
PRESENT ADMINISTRATION -Prime Minister Najib Tun Razak started his term on April 2009. The first 100 days of Najib focus on domestic economic issues and long-standing political reform. -His terms focus on service sector and financial sector.
-Najib announced immediate liberalization of 27 service sub-sectors, covering health and social services, tourism services, transport services, business services and computer and related services accounting for 5 percent of the total employment in Malaysia. -On April 27, 2009, Najib a package of measures to liberalise the financial sector including raising the equity in investment and Islamic banks and insurance and
Current Prime minister of Malaysia, Najib Tun Razak
KEY PLAYEERS IN ECONOMY OR POLITICS Mahathir bin Mohamad was born July 10, 1925 and a retired Malaysian political figure. He was the fourth Prime Minister of Malaysia. He held the post for 22 years from 1981 to 2003, making him Malaysia's longest-serving Prime Minister, and one of the longest-serving leaders in Asia.[During his term in
Mahathir is also known for his criticisms towards western and developed countries. During his administration, he was considered to be one of Asia's most influential leaders.[Mahathir is also noted in the Western world as an outspoken critic of Western-style globalization.
Mahathir bin Mohamad was the leading force in making Malaysia into a major industrial
Abdullah bin Haji Ahmad Badawi (born 26 November 1939) is a Malaysian politician who served as Prime Minister from 2003 to 2009. He was also the President of the United Malays National Organisation (UMNO), the largest political party in Malaysia, and led the governing Barisan Nasional parliamentary coalition.
In the 2004 general election, Abdullah scored a significant victory. In the 2008 general election, the Barisan Nasional won a slim majority of seats, thus enabling Abdullah to remain in office as Prime Minister. He stepped down in favor of his successor, Najib Tun Razak, during the UMNO General Assembly held on 1 April 2009.
He promoted the concept of Islam Hadhari or Civilizational Islam and emphasized the importance of education, social harmony and economic progress. On 3 April 2009, he was succeeded by Najib Tun Razak as Prime Minister.
Inoffice 31 October 20033 April 2009
MAJOR ACCOMPLISHMENTS OF THE COUNTRY -The Malaysian New Economic Policy with the aim of bringing Malays a 30% share of the economy of Malaysia and eradicating poverty among Malays, primarily through encouraging enterprise ownership by Bumiputeras or sons of soil.
-Prime Minister Mahathir Bin Mohamad made Malaysia successful in diversifying its economy from dependence on efforts of raw materials to expansion in manufacturing, services and tourism.
PRESENT CONCERNS/PROBLEMS OF THE COUNTRY -SMUGGLING & HOARDING, are prominent problem in Malaysia Example: cooking oil is subsidised for domestic use only. This situation creates an environment where industrial players hoard domestic cooking oil for industrial use.
-Vehicles in Thailand come to Malaysia to smuggle cheap petrol and diesel out of the country. -The Malaysian government raised the price of petrol by 41% from MYR1.92 to MYR 2.70 (87 cents) a liter, or 10.23 Ringgit ($3.30) a gallon.
Malaysia hosts a population of refugees and asylum seekers numbering approximately 155,700. Approximately 70, 500 refugees and asylum seekers are from the Philippines, 69,700 from Burma and 21,800 from Indonesia. The U.S Committee for Refugees and Immigrants named Malaysia as one of the Ten Worst Places for Refugees on account of the countrys
COUNTRY -The government estimates that at current production rates Malaysia will be able to produce oil up to 18 years and gas for 35 years. Malaysia is ranked 24th in terms of world oil reserves and 13th for gas. -Ninth Malaysia Plan economic blueprint and its Vision 2020 target to be a first-world economy. The plan highlights five thrusts for Malaysia to move forward economically.[These
1.To move the economy up the value chain 2.To raise the capacity for knowledge and innovation and to nurture a 'first class mentality' 3.To address socio-economic inequalities constructively and productively 4.To improve the standard and sustainability of quality of life 5.To strengthen institutional and implementation capacity
Infrastructure RM28.6 bil savings from privatisation RM10 bil for Iskandar Region Development Authority (IRDA) RM3.5 bil for building and upgrading rural roads RM2 bil for biotechnology (physical and soft infrastructures) RM1 bil for upgrading and extension of KKIA, second low cost hub for Malaysia
Second bridge and monorail for Penang island Additional runway and satellite building for KLIA Double tracking at selected priority stretches An upgraded works of Pasir Gudang Highway and the construction of JB Eastern Dispersal Link
Health RM10.28 bil for disease prevention RM2.3 bil for setting up National Institute of Cancer, National Forensic Institute and National Institute for Oral Health Eight new hospitals to be built... Environment RM510 mil for cleaning, preserving and beautifying
Agriculture RM4.4 bil for modernising agriculture farming RM2.6 bil for support services RM1.5 bil for agricultural irrigation programmes Revitalising cocoa industry RM1 bil for growing more trees
Education RM 690 mil for teachers' accommodation or housing quarters RM 143 mil quarters in remote areas of Sabah & Sarawak Universities for the states of Terengganu and Kelantan 180 primary, 229 secondary and full boarding schools to be built
Culture, heritage RM11.62 culture
arts mil less
OPPORTUNITIES TO BE EXPLORED -TOURISM IN MALAYSIA
Teluk Cempedak Beach, Kuantan
South Beach, Perhentian Besar
A beach on Redang Island in the South China Sea.
The global flu pandemic and economic recession have not stopped holiday-makers from choosing Malaysia as a vacation spot. In fact, the number of tourists have increased to 11.35 million so far this year, compared with 10.96 million during the same period last year.
The Johor-Singapore Causeway connects the two countries across the Straits of Johor. In
INTERNATIONAL CONFLICTS -Malaysia has asserted sovereignty over the Spratly Islands together with China, Philippines, Taiwan, Vietnam and Brunei.
-Disputes continue to over fresh deliveries of fresh water to Singapores land reclamation, bridge construction, and maritime boundaries in the Johor and Singapore Straits. -Philippines retains a dormant claim to Malaysias Sabah State in Northern Borneo -Piracy remains a problem in the Malacca Strait
-ETHNIC CLASHES Communalism has always been the salient feature of the Malaysian political system. Reciprocal mistrust and fear are quite general between them. Each community feels that it has been deprived by the other.
-INCREASED NUMBER ILLEGAL WORKERS
Malaysia has 10% to 20% foreign workers with the uncertainty due in part to the number of illegal workers. The state of Sabah alone has nearly 25% of its 2.7M population.
-HUMAN TRAFFICKING Malaysia is primarily a destination but also a source country for human trafficking. The traffickers are reportedly organized crime syndicates.
-CURRENT FINANCIAL CRISIS The global economic slowdown is slowly creeping onto Malaysian shores leaving many worried about the impact it will have on workers. Some have pointed out Malaysians will be cushioned from job losses by the presence of these migrant workers who could be the first to lose their jobs.
-Malaysian nurse who was set to become the first woman to be caned in the Southeast Asian country for drinking beer in public.
THREE MULTI NATIONAL COMPANIES IN MA
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