Malaysia Country Profile

Malaysia Country Profile

Malaysia Country Profile MALAYSIA Country Profile Politics Economy Trade & Industries General Profile Total area 329,847 sq km Population 29,179,952 (July 2012 est.) 2007 2008 2009 2010 2011 Growth World Population YoY (in billions) 6.6 6.7 6.8 6.9 7.0 1% Government type constitutional monarchy Chief of state King - Tuanku Abdul HALIM Mu'adzam Shah Head of Prime Minister Mohamed NAJIB bin Abdul Razak government Capital Kuala Lumpur tropical; annual southwest (April to October) and northeast (October to Climate February) monsoons Bahasa Malaysia (official), English, Chinese (Cantonese, Mandarin, Language Hokkien, Hakka, Hainan, Foochow), Tamil, Telugu, Malayalam, Panjabi, Thai KUALA LUMPUR (capital) 1.493 million; Klang 1.071 million; Johor Bahru Major City 958,000 (2009) Economy Profile 2009 2010 2011 World GDP Real -0.8% 5% 3.6% Growth World GDP (in 58.1 63.3 70.2 Profile General Trillions) MalaysiaGDP Real -1.6% 7.2% 5.2% Chapter: Chapter: 1 Growth GDP $247.6 billion (2011 est.) GDP – Per capita $15,600 (2011 est.) agriculture: 12% GDP – Composition industry: 40% by sector services: 48% (2011 est.) Inflation 3.2% (2011 est.) ringgits (MYR) per US dollar - Exchanges Rates 3.006 (2011 est.) Primary Economy Sector Services, Construction Unemployment 3.1% (2011 est.) Rate Economy Profile Economy Chapter: Chapter: 2 Ports and Bintulu, Johor Bahru, George Town (Penang), Port Kelang (Port Klang), Tanjung Terminals Pelepas International Penang International Airport, Kota Kinabalu Int´l Airport, Kuala Lumpur - KLIA International Airport, Kuala Lumpur - Sultan Abdul Aziz Shah Airport, Tawau Airports Airport House of Representatives - percent of vote - BN coalition 50.3%, opposition parties 46.8%, others 2.9%; seats - BN coalition 140, opposition parties 82; (seats Election results by party as of March 2011 - BN coalition 137, opposition parties 76, independents 9) Dep. Paramount Ruler Sultan ABDUL HALIM Muadzam Shah Prime Min. Mohamed NAJIB bin Abdul Razak Dep. Prime Min. MUHYIDDIN bin Mohamed Yassin Min. of Agriculture NOH Omar Min. of Agricultural Development & Commodities Bernard Giluk DOMPOK Min. of Defense Ahmad ZAHID Hamidi Min. of Domestic Trade, Cooperative, & Consumerism ISMAIL Sabri Yaakob Min. of Education MUHYIDDIN bin Mohamed Yassin Min. of Energy, Green Technology, & Water Peter CHIN Fah Kui Min. of Federal Territories ZAINAL Abidin Min. of Finance Mohamed NAJIB bin Abdul Razak Min. of Finance II AHMAD HUSNI Hanadzlah Min. of Foreign Affairs ANIFAH Aman Min. of Health LIOW Tiong Lai Min. of Higher Education KHALED Nordin Min. of Home Affairs HISHAMUDDIN Tun Hussein Min. of Housing & Local Govt. CHOR Chee Heung Ministry Name Min. of Human Resources S. SUBRAMANIAM Min. of Information, Communication, Arts, & Culture RAIS Yatim Min. of Intl. Trade & Industry MUSTAPA Mohamed Min. of Natural Resources & Environment Douglas Unggah EMBAS Min. of Plantation Industries & Commodities Bernard DOMPOK Min. of Rural Development & Territories SHAFIE Apdal Min. of Science, Technology, & Innovation Maximus ONGKILI Min. of Tourism NG Yen Yen Min. of Transport KONG Cho Ha Min. of Women, Family, & Community Development SHARIZAT Abdul Jalil Min. of Works SHAZIMAN Abu Mansor Min. of Youth & Sports AHMAD SHABERY Cheek Min. in the Prime Min.'s Office Idris JALA Min. in the Prime Min.'s Office JAMIL KHIR bin Baharom, Maj. Gen. (Ret.) Min. in the Prime Min.'s Office KOH Tsu Koon Min. in the Prime Min.'s Office Mohamed NAZRI bin Abdul Aziz Min. in the Prime Min.'s Office NOR MOHAMED bin Yakcop Governor, Bank Negara Malaysia ZETI Akhtar Aziz National Front (Barisan Nasional) or BN (ruling coalition) consists of the following parties: Gerakan Rakyat Malaysia Party or GERAKAN [KOH Tsu Koon]; Liberal Democratic Party (Parti Liberal Demokratik - Sabah) or LDP Political parties [LIEW Vui Keong]; Malaysian Chinese Association (Persatuan China Malaysia) and leaders or MCA [CHUA Soi Lek]; Malaysian Indian Congress (Kongres India Malaysia) Terminals Ports and or MIC [Govindasamy PALANIVEL]; Parti Bersatu Rakyat Sabah or PBRS [Joseph KURUP]; Parti Bersatu Sabah or PBS [Joseph PAIRIN Kitingan]; Parti Chapter: Chapter: 3 Pesaka Bumiputera Bersatu or PBB [Abdul TAIB Mahmud]; Parti Rakyat Sarawak or PRS [James MASING]; Sarawak United People's Party (Parti Bersatu Rakyat Sarawak) or SUPP [Peter CHIN Fah Kui]; United Malays National Organization or UMNO [NAJIB bin Abdul Razak]; United Pasokmomogun Kadazandusun Murut Organization (Pertubuhan Pasko Momogun Kadazan Dusun Bersatu) or UPKO [Bernard DOMPOK]; People's Progressive Party (Parti Progresif Penduduk Malaysia) or PPP [M.Kayveas]; Sarawak Progressive Democratic Party or SPDP [William MAWAN]) People's Alliance (Pakatan Rakyat) or PR (opposition coalition) consists of the following parties: Democratic Action Party (Parti Tindakan Demokratik) or DAP [KARPAL Singh]; Islamic Party of Malaysia (Parti Islam se Malaysia) or PAS [Abdul HADI Awang]; People's Justice Party (Parti Keadilan Rakyat) or PKR [WAN AZIZAH Wan Ismail]; Sarawak National Party or SNAP [Edwin DUNDANG] independent party: Sabah Progressive Party (Parti Progresif Sabah) or SAPP [YONG Teck Lee] Political parties and leaders and parties Political Chapter: Chapter: 4 Malaysia, a middle-income country, has transformed itself since the 1970s from a producer of raw materials into an emerging multi-sector economy. Under current Prime Minister NAJIB, Malaysia is attempting to achieve high-income status by 2020 and to move farther up the value-added production chain by attracting investments in Islamic finance, high technology industries, biotechnology, and services. The NAJIB administration also is continuing efforts to boost domestic demand and reduce the economy's dependence on exports. Nevertheless, exports - particularly of electronics, oil and gas, palm oil and rubber - remain a significant driver of the economy. As an oil and gas exporter, Malaysia has profited from higher world energy prices, although the rising cost Malaysia of domestic gasoline and diesel fuel, combined with strained government Economy finances, has forced Kuala Lumpur to begin to reduce government subsidies. The Overview government is also trying to lessen its dependence on state oil producer Petronas. The oil and gas sector supplies more than 40% of government revenue. The central bank maintains healthy foreign exchange reserves, and a well-developed regulatory regime has limited Malaysia's exposure to riskier financial instruments and the global financial crisis. Nevertheless, Malaysia could be vulnerable to a fall in commodity prices or a general slowdown in global economic activity because exports are a major component of GDP. In order to attract increased investment, NAJIB has raised possible revisions to the special economic and social preferences accorded to ethnic Malays under the New Economic Policy of 1970, but he has encountered significant opposition, especially from Malay nationalists and other vested interests. To be a united nation, with a confident Malaysian society, infused by strong moral and ethical values, living in a society that is democratic, liberal, Trade caring, economically just and equitable, progressive and prosperous, and in full priority 2020 possession of an economy that is competitive, dynamic, robust and resilient. Regional cooperation is a cornerstone of Malaysia's foreign policy. It was a founding member of the Association of Southeast Asian Nations (ASEAN). Malaysia is an active member of the Asia-Pacific Economic Cooperation (APEC) Foreign Policy forum, the Organization of Islamic Cooperation (OIC), the Non-Aligned Movement (NAM), and the United Nations. Malaysia is a frequent contributor to UN and other peacekeeping and stabilization missions, including recent deployments to Lebanon, Timor-Leste, Philippines, Indonesia, Pakistan, Sierra Leone, Sudan, Western Sahara, Nepal, and Kosovo. Malaysia has also deployed a medical unit to Afghanistan. ADB, APEC, ARF, ASEAN, BIS, C, CICA (observer), CP, D-8, EAS, FAO, G-15, G-77, IAEA, IBRD, ICAO, ICC, ICRM, IDA, IDB, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, International IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, ITUC, MIGA, MINURSO, MONUSCO, organization NAM, OIC, OPCW, PCA, PIF (partner), UN, UNAMID, UNCTAD, UNESCO, UNIDO, participation UNIFIL, UNMIL, UNMISS, UNMIT, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO Malaysia tin, rubber and palm oil Potential Trade Rubber, oil palm processing and manufacturing, light manufacturing, Overview Economy Malaysia Opportunities pharmaceuticals, medical technology, electronics, tin mining and smelting, logging, and timber processing Chapter: Chapter: 5 Peninsular Malaysia - rubber and oil palm processing and manufacturing, light manufacturing, pharmaceuticals, medical technology, electronics, tin Main Industry mining and smelting, logging, timber processing; Sabah - logging, petroleum production; Sarawak - agriculture processing, petroleum production and refining, logging Industry Type Name of the company Communication Equipment Axiata Group Electric Utilities Tenaga Nasional Biggest IOI Group Company Food Processing Kuala Lumpur Kepong Investment Services Hong Leong Financial Group El Telecommunication Service Maxis Referensi https://www.cia.gov/ http://www.economywatch.com/world_economy/malaysia/industry-sector-industries.html http://datamatrix-uk.com/countryprofiles/background/flash/my.html http://www.isahp.org/2009Proceedings/Final_Papers/33_Islam_PrioritizingIssuesMalaysianVision20 20_REV_FIN.pdf Main Industry Main Chapter: Chapter: 6 .

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