Doing Business in Malaysia
EENI - Business School.
Subject (Course): International Trade and Business in Malaysia
- Kuala Lumpur. Syllabus:
- Introduction to Malaysia (South-east Asia).
- Malaysian political system.
- Ethnic groups. Bahasa Malayu.
- The Government policies.
- Business in Kuala Lumpur
- Malaysian Economy.
- International Trade of Malaysia
- Business environment.
- Key sectors in Malaysia:
- electrical and electronics
- food industry
- machinery and equipment
- medical devices
- petrochemical and polymer
- Case Study:
- Telekom Malaysia Berhad.
- Tan Sri Mokhtar
- Access to the Malaysian Market
- Business Plan for Malaysia
Objectives of the subject “Doing Business in Malaysia”:
- To analyse the Malaysian economy and foreign trade
- To evaluate business opportunities in Malaysia
- To explore Malaysia's trade relations with the student's country
- To know Malaysia's Free Trade Agreements
- To examine the profile of Malaysian Companies
- To develop a business plan for the Malaysian Market
Sample of the subject - Doing Business in Malaysia:
Najib Yahya Abdulalem (EENI Professor in
Subject Description (Doing Business in Malaysia).
- 50% of the population of Malaysia are Malays. The Malays originated from the Malayo-Polynesian Group of races.
22% are Chinese.
- The official language in Malaysia is Bahasa Malayu. English is recognised.
- Malaysian Population: 30.8 millions of people
- Area: 329,847 square kilometres
- Capital: Kuala Lumpur
- Administrative capital: Putrajaya
- Borders of Malaysia: Thailand, Indonesia, Singapore, and Brunei Darussalam
- Type of Government: Federal Parliamentary constitutional monarchy
- Yang di-Pertuan of Malaysia: Agong Abdul Halim
- Malaysian independence: 1957 (the United Kingdom)
The main religion in Malaysia: Sunni Islam (18 million, 63% of the population).
- Islam is the official religion of Malaysia
- Unifying factors among the Malays then and now is the religion of Islam.
- In Malaysia, nearly all Malays are Muslims.
- Fiqh (Islamic Jurisprudence):
- Other religions: Buddhism (20%), Christianity (9%), Hinduism (6%), Confucianism, and Taoism
Malaysia belongs to the Islamic Civilisation.
Kuala Lumpur and its surrounding urban areas form the most industrialised 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
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.
- The 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.
- Malaysian Industrial Development Authority is the first point of contact for foreign investors who intend to set up projects in the manufacturing and services sectors in Malaysia.
- Malaysia offers the world it's Multimedia Super-corridor 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.
- Malaysian currency: the Ringgit (RM) (MYR)
Telekom Malaysia Berhad is leading integrated information and communications Group
in Malaysia, offers an 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 back-end operation in the 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 fashion labels through 190 freestanding stores, franchise, and consignment counters.
Malaysian Foreign Trade.
- Exports of Malaysia contracted 14.9% to RM46.09
- Imports decreased by 23.1% to RM34.42 billion
from a year ago.
- Total foreign trade: RM80.51 billion, a decrease of 18.6% from a year ago. Malaysia recorded an international trade extra of RM11.67 billion, making it the 134th consecutive month of international trade extra since November 1997.
- Port Klang is on the west coast of Peninsular Malaysia, 40 kilometres 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.
Malaysia's Market Access and Free Trade Agreements.
- Association of South-East Asian Nations (ASEAN)
- Indian-Ocean Rim Association (IORA)
- Asia-Pacific Economic Cooperation (APEC)
- Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT)
- Trans-Pacific Strategic Economic Partnership Agreement (TPP)
- Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)
- East ASEAN Growth Area
- ASEAN-Australia-New Zealand (FTA)
- Malaysia has Free Trade Agreements (FTA) with Japan, Pakistan, New Zealand, and Jordan
Malaysia is a member of:
- Organisation of Islamic Cooperation
- Islamic Development Bank
- Asian Development Bank
- Economic Social Commission Asia-Pacific (ESCAP)
Malaysia Foreign Trade