As a new independence country, Malaysian foreign policy was geared towards the survival. Malaysia take a step by becoming an anti-communist and pro-western which can be seen with the relationship with western countries, the Commonwealth countries, Non-Aligned Movement countries and also other Islamic states. Besides, in order to strengthen the economy and security, Malaysia cooperate with other countries by becoming part of ASA in 1960, MAPHILINDO in 1963 and also ASEAN in
Malaysia’s economy made a major transformation since Malaysia achieved its independence in 1957, from a heavy reliance on tin mining and rubber plantation to an industrial based economy (Mun, 2007). Most of the industrialization efforts, especially the development of heavy industries in Malaysia by HICOM, a government funded agency have been approached. The approach has caused high financial and administrative burden to the government. Hence, in 1983, Malaysian then Prime Minister, Mahathir Mohamad announced the government’s intention to embark on a privatization policy to ease public sector involvement in the economy. However, the privatization in Malaysia has resulted in both success and failure.
Therefore, this study attempts to test for the previous studies using other countries which have different result compared to Malaysia. Hence, this study will focus only on FDI at Malaysia. 1.2 Problem statement In Budget 2013, the Prime Minister announced from the first focus the boosting investment activity stated to transform Malaysia from producer to a global integrated trading hub 3 for oil and gas industry. The existence of valuable mineral resources, such as oil and natural gas make blessed Malaysia to get more revenue from oil and gas. Therefore, the government have to undertake several strategic measures to enhance the nation’s capability, particularly in providing an ecosystem to support the development of the chain of refining, storage and trading.
This can show us very friendliness to them. Therefore, the government has begun implementing many programs to push younger generation able to compete with the global community. Hence, Malaysia will have the capability to host World cup in the
Malaysia is a country surrounding by the ocean and it is no surprise that most of the international trade is done through the maritime transportation. International maritime transportation is the main platform to export and import good and cargo as well as the mobility through the ocean or waterway internationally. According to the statistics, there are 95% of the Malaysia international trade is being carried through the international sea transportation. It is important and has contributing a lot of benefit toward Malaysia, not only in term of economic but also contribute knowledge, investments as well as job opportunity. International maritime transportation has generate tremendous economic benefit to the country.
1. Introduction In recent years there has been a boost in the Malaysian economy and stable government regulations has created a great impact in the economic foundation of Malaysia. Various diversities in terms of culture and region have caught attention of many people around the globe. The field of Education and Tourism has been a rising up in Malaysia over the past few years. People from all over the world frequently come over to enjoy the tropical climate, diversities in cultures, traditions, architectural structures and the Asian aesthetics of this country.
Without tourist attractions, there would be no tourism. Malaysia is one of the worlds attractive travel destinations. There are many types of tourism in Malaysia to attract the oversea traveling around this country. Multicultural and multiracial population, historical places and natural resources can be the attractions and strong fundamentals of Malaysia. Malaysia had a gorgeous colorful history.
Some of the tourists utilize the massive and lush green square field with 200m long to spend their leisure time and picnic with their family members. It would be an arena for relaxation. (Asia Web Direct, n.d.). The number of tourism and hospitality education program in Malaysia has increased drastically over the last few years. Teenagers nowadays they are lacking of moral values, they do not understand much about the Malaysia’s history.
The policy is important in such a way to help in transforming Malaysia’s economy as high income country, promotes healthcare and environment awareness, emphasize social integration and introduce tourism as high level education programmes. Implementation of the policy is through several agencies under Ministry of Tourism and Culture Malaysia (MOTAC), National’s Plan, legal framework and association with private companies. Besides that, there many success stories that have been recorded as well as drawback stories of implementing tourism policy. Success stories have brought Malaysia on top of other big country in terms of tourism sector. Most of the drawback stories happen outside out of Malaysia that affects the country directly and indirectly.
Malaysia is one of the environmentally rich and abundant in natural resources and high biodiversity countries in the world. Malaysia is home to some of the world`s most important tropical wildlife habitat, including rich rain forests and at least ten distinct types of wetlands. Malaysia has 2199 plants and animal species found nowhere else on Earth. However, many species are threatened or endangered due to loss of habitat and illegal hunting. Land development activities in Malaysia have impacts on the environment.