As the world’s second-largest palm oil producer after Indonesia and a leading producer of natural rubber, Malaysia today also boasts increasingly sophisticated fruit and vegetable, rice, livestock and fisheries sectors. These building blocks are set to undergo some important changes in the years ahead, as the country seeks to implement the 11th Malaysia Plan (11MP). Under 11MP there is a...
Malaysia has long traded on its alluring mix of nature, tropical beaches, vibrant culture and modern cities to bring in tourists from the region and further afield – the collage of attractions summed up in its long-running “Malaysia, Truly Asia” advertising campaign. But as its neighbours refine their offerings, the country is facing increased competition for foreign visitors and their...
In the nearly 60 years since its independence, Malaysia has made enormous strides in health care, creating an internationally lauded public health system that delivers quality care to a large proportion of the public at extremely generous rates. This is complemented by a growing private sector, which provides quality care – often in specialist areas – to those Malaysians and foreigners who can...
Malaysia’s ongoing commitment to education is evident in the amount it invests in the sector each year, usually at least 20% of the annual budget for all levels of learning, according to the World Bank. The result has been a sustained improvement in access to education, with close to universal enrolment at the primary and secondary level. Shifting the curriculum away from rote learning and...
Many of Malaysia’s Vision 2020 goals to develop into a high-income knowledge economy hinge on its ability to leverage the IT sector strategically and effectively. As in developed countries, the country’s IT backbone undergirds and acts as the foundation for the potential of a wide swathe of other sectors, from services and industry to tourism and banking. Although the sector is steadily...
Crucial to Malaysia’s economic development is the continued transformation of its industrial base into one predicated on high value-added products and driven by innovation, automation and increased productivity. Such a shift is important to ensure the country is well-placed to compete in an increasingly competitive and open global market, a trend exemplified by the commencement of the ASEAN...
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