Course summary (Business in Malaysia)
From a nation dependent on agriculture and primary commodities in the 60´s,
Malaysia has become an
export-driven economy
speed up on by high technology, knowledge-based and capital-intensive industries.
Government policies that sustain a business environment with opportunities for growth and profits have made Malaysia an attractive manufacturing and
international trade base in the region. The private sector in Malaysia has become partners with the public sector in achieving the development objectives.
The Malaysian Industrial Development Authority (MIDA) is the 1st point of contact for
foreign investors who intend to set up projects in the manufacturing and services sectors in Malaysia.
Malaysia offers the world its Multimedia Super corridor (MSC) which brings together a legislative framework and a next-generation telecommunications infrastructure in eco-friendly surroundings to create the best environment for the development of multimedia industries.
Exports of Malaysia contracted 14.9% to RM46.09
billion in December 2008. Total imports decreased by 23.1% to RM34.42 billion
from a year ago.
Total trade was valued at RM80.51 billion, a decrease of 18.6% from a year ago. Malaysia recorded a
international trade extra of RM11.67 billion in December 2008, making it the 134th consecutive month of International trade extra since November 1997.
In 2008, total foreign trade of Malaysia reached RM1.185 trillion, an increase of 6.8%, from 2007. Exports rose by 9.6% to RM663.51 billion, while imports augmented by 3.3% to RM521.5 billion, resulting in a
total trade extra of RM142.01 billion.
Example of the course doing business in Malaysia:
Telekom Malaysia Berhad (TM), is leading integrated information and communications Group
in Malaysia, offers a exhaustive range of communication services and solutions in broadband, data and fixed-line. As a market leader in the broadband and fixed-line
companies, Telekom Malaysia Berhad is driven to deliver value to its stakeholders in a highly competitive environment.
Padini began as a backend operation in apparel industry, manufacturing, International trade and supplying garments
in Malaysia to order for retailers and distributors.
It has entered the new millennium as a major force in Malaysia's multibillion textile and garment industry, a brand leader
implicated in the distribution and retail of its own fashion labels through 190 freestanding stores,
franchise and consignment counters.
Port Klang is situated on the west coast of Peninsular Malaysia, 40 km from the capital Kuala Lumpur. Its proximity to the greater Klang Valley - The commercial and industrial
hub of Malaysia as well as Malaysia's most populous region
guarantees that the port plays a pivotal position in the economic development of
Malaysia.
Kuala Lumpur and its surrounding urban areas form the most industrialized and economically, the fastest growing region in Malaysia. Greater Kuala Lumpur, also known as the Klang Valley, is an urban agglomeration of 7.2 million.
Kuala Lumpur is poised to become the global Islamic Financing hub with an increasing number of financial institutions providing Islamic Financing
50% of the population of Malaysia are the Malays. The Malays originated from the Malayo-Polynesian Group of races. The unifying factors among the Malays then and now is the religion of Islam.
In Malaysia,
nearly all Malays are
Muslims.
The official language in Malaysia is Bahasa Malayu. EENI in Bahasa:
Master Bisnis Internasional
Malaysia borders: Thailand, Indonesia, Singapore and Brunei Darussalam
