...Case Study on Malaysia Malaysia is a multicultural society. Malaysia consists of three main ethnic groups, 50.4% being Malays, 23.7% Chinese, 11% indigenous people, 7.1% Indians and 7.8% other races. Due to its colonial past under the British rule, ethnicity has been an issue in Malaysia even up till this day. (Noor, 2013) Social identity is based on the assumption that society is structured into different social groups that that will lead to different statuses and power. In Malaysia it is largely based on race and religion. It is a known fact that Malays are given priority in many matters. The Malaysian government supports a Bumiputera centric policy; Bumiputera meaning sons of the soil, with the main intention of recognizing the Malays as the original settlers of the land. (Malaysia Today, 2014). Social categorization is when we segment our world into different groups and identify ourselves and the people around us into these different categories. Its is already mentioned above that in Malaysia, the malays are at the top. It doesn’t help that most of Malaysia’s leaders are muslim, with many prefering to label Malaysia as a Muslim country. Refering to a journal article, The Islamisation of Malaysia: Religious Nationalism in the service of ethnonationalism, The “Islamification” of this country has been ongoing since the 1980s, when Dr Mahathir became the prime minister. Religious identity seemed to have replaced ethnicity as the national identity. Since automatic status...
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...Malaysia Where is Malaysia? Malaysia is situated in Southeast Asia, bordered by Thailand in the north, Indonesia in the south, and the Philippines in the east. The country has an area of 329,758 square kilometres. The Federation of Malaysia consists of 13 states, and is divided into 2 parts: 11 states are located in Peninsular Malaysia (also called West Malaysia) and 2 comprise East Malaysia, which is situated on the island of Borneo (see map). How and why Malaysia has industrialised… Early Industrialisation, 1957-70 * Malaysia’s economy was geared to the export of primary commodities. These included Rubber, Palm Oil, Timber and Tin. At the time, manufacturing comprised 9%, much of it from the first industrial estate at Petaling Jaya outside Kuala Lumpur. Early industrialisation took the form of import substitution – the production of goods needed by the population, such as clothing. The New economic Policy, 1971-90 * Oil exports were fuelling the growth of export-orientated industries. Non-agricultural began to exceed agricultural employment. Various government initiatives and changing economic circumstances encouraged rapid growth of manufacturing. Exports grew by 26% per annum in 1970’s. * This was due to: * Need for newly independent state to break away from the stifling impact of colonialism on economy * Continuing emphasis on resource based industries – rubber, palm oil, timber, tin * Creation of industrial estates near state capitals ...
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...to MH370 and MH17 incidents) in the world, covering over 80 destinations across the globe. It is an airlift hub with extensive operations in South Asia, Middle East, Australia and other global destinations. The company focuses on strong branding which has enabled it to enter restricted markets. Meanwhile, one big advantage of Malaysia is its wide range of natural resources such as crude oil, natural gas, palm oil etc (MATRADE, 2011). The country has the financial capabilities to provide backing to its ailing national carrier and ensure its comeback. One area whereby Malaysia’s air travel relies on heavily is its booming medical tourism. It is one of the world’s top spot in the medical tourism’s global expansion (Hockton, 2014). With the depreciation of the ringgit, this increases its attractiveness as a medical tourism hub for the...
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...TITLE: PREVALENCE OF OBESITY RELATED DISEASE IN MALAYSIA 1 INTRODUCTION 1.1 BACKGROUND OF STUDY In June 2014, Malaysia has been rated as the highest among Asian countries for obesity. Science Advisor to the Prime Minister, Tan Sri Zakri Abdul Hamid, said new findings from British medical journal, The Lancet, showed that 49% of women and 44% of men in this country were found to be obese. "This is a very big problem because it has implication on diabetes, heart problem and others and our Prime Minister has also asked the global science and innovation advisory council to work on this," he told reporters. According to a new study published last month by The Lancet, Malaysia was rated heavyweight at 45.3% of its population, followed by South Korea...
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...UNIVERSITY UTARA MALAYSIA OYA GRADUATE SCHOOL OF BUSINESS MASTER IN BUSINESS ADMINISTRATION (MBA) MANAGERIAL ECONOMICS BEEG5103 PROJECT TOPIC: A STUDY SUPPLY & DEMAND IN BROMMA (MALAYSIA) GROUP MEMBERS: PREPARED FOR, TABLE OF CONTENT I. EXECUTIVE SUMMARY 3 II. BACKGROUND STUDY OF BROMMA (MALAYSIA) 4 III. HISTORY OF BROMMA MALAYSIA SDN. BHD 7 IV. CURRENT TREND OF DEMAND & SUPPLY, FACTOR, ELASTRICITY 9 V. LONG TERM TRENDS IN DEMAND& SUPPLY, SHORT TERM & LONG TERM CHALLENGES IN DEMAND & SUPPLY 11 VI. POSITIONING BROMMA AS RELATIONSHIP MARKETING LEADER 14 A. SWOT ANALYSIS OF BROMMA (MALAYSIA)’S SUPPLY & DEMAND 16 VII. ANALYSIS OF BROMMA (MALAYSIA)’S DEGREE OF COMPETITIVENESS 12 X. CONCLUSION 22 XI. REFERENCES 24 I. EXECUTIVE SUMMARY As defined application of economics theory and the tools of decision science to examine on how an organization can achieve its aims or objective most efficiently. In currently applications, organization construct the event according the demand as forecasted and eventually innovate in order to sustain a constant demand. To better understand the application of managerial economics in an organisation, our group has choosen BROMMA; a well-known brand for automatic crane spreaders and rotators manufacturer and has been in service since the 1960’s; an international company with its headquarters located in Sweden and several branches in Europe, North America and Asia. The study will examined BROMMA’s...
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...operator. The takaful operator will pay out the funds accordingly to its participants in the event of loss or damage suffered. Any surplus is paid out only after the obligation of assisting the participants has been carried out. Through this principle, takaful operates as a protection and profit sharing venture between the takaful operator and the participants. Nowadays, Malaysia has achieved significant milestones...
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...1.0 ABSTRACT This report objective is to identify the issues in finance. This report content is based on current issues about how Malaysia moves towards a middle-class society. This issue is interesting to studies since “aspirational” households that the largest group in society on Malaysia needed to take the challenge in moving to the middle class. This will be determining the ability of Malaysia to become a high-income nation by 2020 will achieve its target. 2.0 INTRODUCTION The middle classes from an economic perspective can be defined in two terms such as absolute level of income terms and relative level of income terms or a combination of two. For absolute terms referring to a specific income level which is equal for all countries,...
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...An Emperical Study of Export ,Import And Economic Growth in Malaysia Meloney Antong & Kartini Binti Kapin Department of Economics, Faculty Economics and Business Universiti Malaysia Sarawak ------------------------------------------------- Abstract This paper investigates the relationship between export and import to economic growth. This paper is an attempt to carry out an empirical examination of the hypothesis on export-led growth. It also determines the direction of causality between exports, import and output, and investigates short and long-run dynamic impact of exports, imports on GDP growth in case of Malaysia. ------------------------------------------------- Keywords : Economic Growth, GDP, Export and Import. 1. Introduction Development is the main aim of any economy. The basic of economic development is economic growth. In order to promote economic growth, export-led growth is considered as the key to accelerate the rewards of all factors of production. Economic growth can related to many various factor. The main aim for any economy is development and economic growth is the basic of economic development. Export can be define as the goods and services that produce in the country and sold to the other countries. While, import is the goods and services that bought into other country for trade purpose. But, its depend to the import quotas, tariffs and agreement between the country. Export will represent the important sources of foreign exchange...
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...The university assigned to us for this project is University Kebangsaan Malaysia known by its short name as UKM, a university which is mostly used the Bahasa Melayu as their first language in their education. Universiti Kebangsaan Malaysia is one of five research universities in the country. It was ranked number 259th in the world by QS World University Rankings in 2014. It is ranked 98th place in the 100 best new universities established within the last 50 years in the world. It is the only university from Malaysia that made it in the 2012 Quacquarelli Symonds (QS) Top 50 Universities under 50 Years Old list ranked in the 31st place. It placed 53rd and 58th in the QS Top 500 Asian University Rankings in 2011 and 2012 respectively. The year 2006 saw UKM winning the Prime Minister's Quality Award. This award vindicates UKM's efforts at quality education and management, as outlined by the objectives of the UKM Strategic Plan 2000-2020 (PS2020). The Strategic Plan has been augmented by the newly unveiled UKM Knowledge Ecosystem Transformation Plan, a transformation set to catapult UKM into the league of leading research universities by 2018. The project paper is basically divided into three sections. Section one: This section presents a background analysis of UKM, which includes its history, vision and mission of the company and also reviews on the human resource management approach taken. Section two: the organization management of UKM, this section instead highlights the university...
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...The rapid liberalization of the Islamic financial industry in Malaysia has been encouraging the participation of foreign institutions in Malaysia, thus creating a diverse community and developing domestic and international takaful operator. At present there are eight takaful operators and two retakaful operator, with five foreign investment from the UK, Bahrain, Germany and Japan. Takaful operators conduct business both local and foreign currency. Malaysia continues to progress and build a rapid development in the industry by encouraging financial institutions around the world to establish takaful and retakaful operation in Malaysia to conduct foreign currency business. Domestic Islamic financial institutions may also apply for ICBUs, a dedicated division to conduct foreign currency business. ICBUs also be given various tax incentives and privileges lead to a reduction in the cost of doing business and to enter the market...
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...CRISIS COMMUNICATION AND THE CASE STUDY OF MISSING MALAYSIA AIRLINES FLIGHT MH370 I. Literature review In a ‘vulnerable’ society that has been easily affected by many different types of crises such as natural and man-made disasters, in disregard of where you live and what you do, no community or organization is immune from crisis. In order to provide clear definitions and deeper understanding crises of all types, scholars have developed theories to handle these events. A wide range of crisis fields are studied including psychology (Morgan et al., 2002), sociology (Clarke & Chess, 2008) or political perspective (Birkland, 2006). In addition, other research involved communicating in crisis (Reynolds, 2002). All of these disciplines, even different, combine to build a theoretical background on various approaches to crisis communication and contribute to establish crisis response guidelines for organizations. Among the prominent theories on crisis communication, the Situational Crisis Communication Theory generates a link between Attribution Theory firstly built by Fritz Heider in the early part of the 20th century which addresses the processes by which individuals explain the causes of behavior and events and crisis response strategies which represent what an organization does and says after a crisis. To protect reputation, it is crucial for the organization to consist the responsibility acceptance of the crisis response with the stakeholder attributions. Coombs (2006)...
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...Journals Full Length Research Paper Branding satisfaction in the airline industry: A comparative study of Malaysia Airlines and Air Asia Kee Mun, Wong* and Ghazali, Musa Faculty of Business and Accountancy, University of Malaya, 50603 Kuala Lumpur, Malaysia. Accepted 23 March, 2011 Brand is crucial in differentiating the superiority of products or services over others. This is an exploratory study examining the differences in brand satisfaction between Malaysian Airlines (full service airlines) and Air Asia (low cost airlines) in Malaysia. 350 usable questionnaires were obtained from respondents in the two main airlines terminals in Kuala Lumpur. Exploratory factor analysis revealed seven brand satisfaction dimensions which are tangibles, price, core service, reputation, publicity, word-of-mouth, and employee. Generally, respondents were not satisfied with all brand dimensions of both airlines. The level of brand dissatisfaction is also higher for Malaysian Airlines compared with Air Asia. Air Asia was perceived better than Malaysian Airlines in price, publicity, and word-of-mouth. On the other hand, Malaysian Airlines was perceived better in tangibles, core service, reputation, and employee. The paper highlights some of its theoretical, managerial and marketing implications to the development of airline industry. Key words: Airlines, branding, satisfaction, Malaysia Airlines, Air Asia. INTRODUCTION The world airline industry has gone through a rollercoaster ride...
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...Universiti Malaysia Sarawak 94300 Kota Samarahan Sarawak, Malaysia Modern Economics (SSF 1074) Lecturer’s Name : Dr. Wong Swee Kiong Faculty : Faculty Of Social Science Group Leader : Tan Chia Wee Group Member : Chong Man Hing : Niroshan A/L Somu : Malvindersingh A/L Sarbansingh : Azura Binti Mortadza : Faridah Bt. Jamil Question No : 4 Introduction Poverty is a serious issued not only in Malaysia but the world. Poverty can cause a child starving without food, without education opportunity and a bad living environment. So, to help this people, the important things are to increase their income and they will out of the poverty line. Economic growth is often seen as a means of poverty elimination. There are often have some debate whether poverty really could be eliminating by the strength of economic growth or not. Economic growth means quantitative change or expansion in a country’s economy. Economic growth is conventionally measured as the percentage increase in Gross Domestic Product (GDP) or Gross National Product (GNP) during one year (Soubbotina & Sheram, 2000). Background of Study The important things in this study were to find out whether economic growth can really eliminate the poverty generally in Malaysia or Sarawak specifically. Besides that, some issues or idea would be discuss that should be taken into consideration to ensure that economic growth would contribute to poverty elimination in Malaysia. The study also finds...
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...investors are explained to get a positive return from dividend and capital gain in the stock market. Based on the history, the economic condition will influence stock market. For instances, Malaysia faced deflation during the Asian crisis in years 1997. It caused the KLCI index sharply reduced from 1207.43 to 470.43. It have been shown that the investors need to predict the stock prices based on the macro factors to get an abnormal return from stock market There were a lot of researches to study the relationship between macroeconomics variables and stock returns. It is important to study the interaction of macroeconomics factor and stock return. Based on the study, the public can identify which factors can influence the stock market and use the knowledge to predict movement of stock price. According to Wongbangpo & Sharma (2002), the research can reveal the functions of stock market in identify the change in economic condition and also can predict the future performance of stock market. Besides, the study will be useful for the stock market participators. Clare & Priestley (1998) said that the study of the risk factor relationship of stock market will be useful for corporate manager to undertake cost of capital calculation. Moreover, the fund managers can use the information from the result of study to make an effective investment decision and at the same times the investors can access the performance fund managers (Clare & Priestley,...
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...Applicants Graduate Studies Programme Universiti Utara Malaysia Thank you for choosing Universiti Utara Malaysia as your centre for excellence. While filling in the form, please pay attention to the following: • Fill in the form in block letters using a black pen or a typewriter; • All sections must be filled in. State “not applicable” wherever necessary. The completed application form must be submitted with the following documents: i) Proof of payment for processing fee of RM100.00 (for Malaysian applicants)/ USD35.00 @ RM125.00 (for ASEAN applicants)/ USD50.00 @ RM175.00 (for NON ASEAN applicants). Payment can be made by the following method: a. Online payment via e-commerce (e-com) link on the web www.uum.edu.my . Choose payment mode credit card (Mastercard/Visa) or FPX (if you are an internet banking user). Attach the printed receipt to the application form; or b. at any branch of Bank Islam Malaysia Berhad (BIMB) use the using Bill Payment Slip. Specify payee code 340 in the column “pay for” in the Bill Payment Slip; c. Where there is no BIMB branch, payment can be made by Money Order in favour of Bendahari Universiti Utara Malaysia. d. Any payment from outside Malaysia can be made through Telegraph Transfer as below: Bank name : Bank Islam Malaysia Berhad Account number : 02093010000010 (there are 14 digits) Bank branch/address : Bank Islam Malaysia Berhad (BIMB) ...
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