Economy. Malaysia, middle income economies and third place with the highest gross domestic product (United States $ 4,625) Singapore Brunei after the Southeast Asian countries. Country was the main raw material producers, but from the 1970s economy during the 1990s, multi-sector economy converts. Malaysia economic growth primarily exports of electrical and electronic products from the export-driven.
Malaysia economy 2004's healthy foreign exchange reserves and 118. 3 billion dollars of gross domestic product and is relatively stable. Inflation is 2... 0 Percent unemployment rate 4. From 0% in 2000, real gdp growth rate of 5 Malaysia. Grew by an average of 7% per year. In the Malaysia of the 1997 Asian economic crisis has adversely affected the economy, during the period. It is to experience the country such as 1997's healthy foreign exchange reserves, low inflation and little foreign debt crisis.
Manufacturing GDP per Malaysia 2004, 42... Services account for 4% and 9. 1 Percent, 48 of the agricultural sector. Accounted for 5%. Major businesses in electronics include electronics, textiles, clothing and footwear, chemicals, oil, wood, metal products. A major agricultural industry include palm oil, rubber, cocoa, rice, chicken, wood
Population. Located in the northern half of East Borneo Malaysia for Malaysia Peninsula Malaysia 26 million population to configure. Malaysia is after the multi-ethnic society in India people (7%), Chinese (24%) of predominant indigenous Malay (50%) In that configuration. Other indigenous groups (11%) To include Ibans, Kadazans, Melanaus, Kelabits. After practicing main religion is Buddhism, Taoism, Hinduism, Christianity Islam. It is used for major language Malay language (national language), English (General business to use), Chinese (mainly Mandarin, Hokkien, Cantonese), Tamil.
Malaysia population is increasingly urban. Cities of the country population 54. From 7% in 1995, 2004 population Malaysia, 62. 8 Percent increase. Main reason is the growing employment opportunities in the major urban areas. A major city's surrounding area known as the capital city Kuala Lumpur and the Klang Valley, Penang, Ipoh, Johor Bahru, Kuantan, Kuching, Kota Kinabalu.
Households than urban areas double average income in rural areas. 50% Of low income households about 5 percent of Malaysia households live below the poverty level. 10% Of the higher-income proportion of medium income households is 33%.
Infrastructure. To Xerox Malaysia international and domestic communications systems. Cities and towns are connected Road Highway and public transportation. Broadband Internet service is available in the cities and larger towns. Located near Malaysia Kuala Lumpur International Airport, and mainly the travel airport domestic provision across the country.
International trade. Malaysia major trading partners include United States of America, Japan, China, Singapore, Thailand, Taiwan, Korea. Major exporter is electric and can include electronic products, machinery, petroleum, liquefied natural gas (LNG), textiles, clothing and shoes, palm oil, furniture and materials for. Advanced technology of over 50% of the exports of Malaysia (mostly electrical and electronic products) export the account. Including major imports electrical and electronic machinery and equipment, petroleum products, plastics, steel, steel products, chemicals and food.
Use of consumer technology. Approximately 75% all home phone line was correct, in 2004, approximately 26 million population for mobile subscribers 150000. Home personal computers into nearly 30% of 100000 Internet users and 3. 5 Million Internet subscribers during). 90% Of all Malaysia houses or more who have fridge, TV. Medium and has almost every house in the high income vehicle, little more than a one. House car estimated penetration is 75% and 80%. Thus, low-income families more car low-end models or cheap used cars tends to be. Further, almost all low-income families has bike travel needs.
Retail market. Retail sales in the Malaysia estimated 14 billion dollars and further 20 billion dollars by 2010 predicted to the. Klang Valley (contributes about 30% of the total retail trade in Kuala Lumpur and the surrounding regions, countries. Traditional "MOM and pop" of shopping Malaysia retail industry dominate modern facilities get ????_?????, ????_?????, ???????_???, mini market, popularity, such as retail outlets. These modern facilities of total retail sales of about 25% of the account. Malaysia shopping in a traditional open-air market, a festival atmosphere for the low, is popular among consumers of income while you remain.
Food culture. Malaysia's three major ethnic cuisines, namely Malay, Chinese and India foods. Is followed by different kinds of rice noodles and India Pan staple. Spicy, salty and Malay dishes hot you tend to be Chinese food India food is a regular curry dish. However, the various ethnic communities has adapted foods from other communities. West of freshly baked bread, bakery, fast food is popular, and even among the many low-income group affordable.
Khal Mastan and Pegasus business market is Malaysia based advisory (http://bma.pegasus-asia.com) senior consultant. He has his own business and marketing research and consulting in South East Asia namely Malaysia, Thailand, Singapore, Indonesia, Philippines, Brunei market provides. He is experienced in the region and has over 20 years experience of work in a variety of industries. He holds Bachelor's degree and an MBA. He can be contacted at khalzuri@pegasus-asia.com or + 6 (03) 7726 5373 Malaysia.
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