What has been the private sector’s response to the economic goals set out in the Economic Transformation Programme (ETP), and how is investment in the domestic economy being encouraged?
Asia Economy
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Interviews & Viewpoints | OBG talks to Former Prime Minister Mahathir Mohamad from The Report: Malaysia 2012
Articles & Analysis | Across the oceans: The country’s international influence is on the rise from The Report: Malaysia 2012
While the Association of South-east Asian Nations (ASEAN) remains the cornerstone of foreign policy, Malaysia has long been engaged in other bilateral and multilateral alliances, pacts, agreements and treaties. These now place it in a truly global web of security, economic and cultural connections.
Economic update | Malaysia: Year in Review 2012
21 Dec 2012
It has been another year of good growth for Malaysia, even as the international economic climate has been uncertain. Strong domestic demand, government investment, greater diversification and regional resilience have all played their part.
Economic update | Sabah: Year in Review 2012
19 Dec 2012
Solid investment figures and praise for the state’s financial management have been among the highlights in a year that has seen stable economic growth for Sabah. The focus will now shift to ensuring that budget programmes designed to build on those achievements are implemented properly.
Despite concerns over a slowdown in some of its main overseas markets, the Philippines rounded out 2012 with solid growth. Domestic demand has helped drive economic expansion, a trend that is forecast to continue into 2013.
Malaysia is a multi-ethnic society of 29m split between the Malay Peninsula and the island of Borneo. With a per-capita GDP that has hovered around $10,000 for the past decade, the country is struggling to escape a “middle-income trap”