...Overview of Sustainable Industry in Malaysia. The 2014 was a huge success to government which a total 396.61MW of renewable energy approved by the Sustainability Energy Development Authority and its represent a total 466% year-on-year growth. The increase of the renewable energy represent years of planning and execution by relevant authorities to regulate and draft policies that suits Malaysian environment. As sustainable industry and climate change are interrelated, often the regulation and policies are overlapped. The Malaysian governement acknowledge the importance of government’s role in reducing climate change, therefore the history of Malaysian government in regulating the policies can be traced back as far as 1992. Below are summary of the Malaysian government sustainavle development agenda: In 2009, Malaysian parliament had passed the National Renewable Energy policy and Action Plan (2009) with the vision to enhance the utilization of indigenous renewable energy (RE) resources to contribute towards national electricity supply security and sustainable socioeconomic development. The objectives of the policies are: To increase RE contribution in the national power generation mix; To facilitate the growth of the RE industry; To ensure reasonable RE generation costs; To conserve the environment for future generations; and To enhance awareness on the role and importance of RE. The National Green Technology Policy which was introduced in 2009 has 2 Strategic...
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...be air pollution from industrial emissions, solid waste management, ensuring longterm sustainability of the water supply and sewerage services and overall improvements of energy efficiency to re-establish a clean Malaysia. Malaysia has realized that investing in environmental protection is becoming increasingly important. Therefore, environmental awareness is building up. Under the 9th Malaysian Plan (2006-2010), the Malaysian government had placed emphasis on preventive measures to mitigate and minimise negative environmental effects at source, to intensify conservation efforts and to ensure a sustainable development of both exhaustible and the renewable energy resources. There are industries which still require large efforts to be brought up to speed in environmental matters such as solid waste management. Thus, the environmental sector in Malaysia offers much potential for companies with expertise in these fields which will be discussed further. In acknowledgement of this potential, the Malaysian government also focuses on environmental aspects in its 10th Malaysian Plan (2011-2015) called “Building an...
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...Abstract Entrepreneurs are people who see opportunities where others people see crisis or confusion. They were the pioneers of today’s business. Entrepreneurship is the symbol of business tenacity and achievement. There are always a key individual who attributes to the success of a business, for example Steve Jobs of Apple, Michael Dell of Dell Computers, Fred Smith of FedEx. Their applications of creativity, risk taking, innovation and the passion lead the way to the successful of the business which contributes a lot to the economic growth. In Malaysia, one of the successful entrepreneurs is the founder of the Tune Group of Companies named Tony Fernandes, who introduced the first budget no-frills airline, AirAsia, to Malaysians with the tagline "Now everyone can fly". This paper will discuss the key entrepreneur attributes of Tony Fernandes which bring him to the success in his business and the background information of the companies. Table Of Contents 1. Background 2 2. Environmental Conditions 3 • Political 3 • Economic 3 • Social 3 • Technology 3 3. Approach, Attitude and Behaviour 4 4. The Strategies 5 5. Conclusion 6 6. References 7 Background In Malaysia, the general demand of travelling by airplane in the country arising, however the affordability for all was the concern. Malaysia Airline System (MAS) was the only one national carrier and had to...
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...CONTENTS Page No 1. Introduction 2 2. Company Background 3 3. Asset Management and Leverage 5 4. Classification of Ratios 6 5. Ratio Analysis of the Performance of Air Asia and Malaysian Airlines System for the year 2011 7 6. Conclusion 11 Bibliography/Reference 13 QUESTION: Select any two listed companies of Bursa Malaysia from the Trading/Services sector and evaluate the companies’ asset management and leverage ratios using their financial statements for the year 2011 ANSWER 1. INTRODUCTION Malaysian Airlines System (MAS) and Air Asia are currently the two main airlines operating in Malaysia. These two companies are competing in the airline industry which is fiercely competitive. This is a very large and continuously growing industry giving the industry players the opportunity for immense financial gains. The different categories in the airline industry usually comprise of: International Category which has airplanes with adequate seating capacity that makes it possible for passengers to travel to any destination in the world. The earnings in this category gross over a billion dollars. National Category which has a lesser seating capacity and the gross revenues are less than one billion dollars. Regional Category with planes that operate short-haul flights. Cargo Category which has planes transporting goods. The airline industry is characterized by its large...
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...as a long-term solution for offering infrastructure within a country, it would indirectly support sufficient growth and economic benefits for the public. The broader execution of concession can be done to fund transport infrastructure such as highways, tunnels, railway, ports, bridges, railroads, airports and canals transport systems. They are also often used to finance projects in water supply, power generation, sewerage, dams, irrigation and drainage, and to a lesser extent, telecommunications and solid waste management infrastructure. In the case of Malaysia, the Government officially revealed the execution of public projects using the Public Private Partnership (PPP) or Private Finance Initiative (PFI) scheme under the 9th Malaysia Plan. In 2009,...
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...INTERNATIONAL STUDIES: CASE STUDY, APPROACH OF PRIVATE HIGHER EDUCATION INSTITUITION. Name: Institution: Remember questionnaire I did re write it whole Abstract The international students’ enrolment in Malaysian private higher education institutions acts as a major contributor to the national economic ability of the higher education institutions. Consequently, this has led to the rise of several studies concerning international students on many aspects, including their perceptions, living experiences, and their behaviors towards the renowned values of the choice of their private higher education institution in Malaysia. In this context, there are very few studies that have looked into international students’ overall satisfaction with their experiences in private higher education institutions. This study is committed to investigate the factors affecting decision making of international students in choosing Malaysian private higher education institutions as a study destination for their postgraduate studies. Sampling chosen for this research are international students currently studying at XX College, one of the leading private higher education institutions in Malaysia. This study contains a theoretical framework done by Sheth, a successful sociologist. Sheth managed to establish a framework that...
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...strategy which is in accordance to Taco Bell’s ideas and image. Our team is pleased to offer the documents entitled ‘Internationalisation of Taco Bell in Malaysia’ as a growth prospect. The report has undertaken all aspects of analyzing the climate for Taco Bell in Malaysia. We have studied the environment and the business strategies to propose a plan that fits the company’s policy and purpose of internationalization. Our team would like to thank you for this opportunity and hope that we have clarified all areas of the proposal. We are grateful for this opportunity and anticipate to working with you in the future. We hope that this proposal will meet your approval. Yours sincerely, Sehr Ali Jafri Table of Contents 1. Executive Summary 3 2. Introduction 3 3. Methodology 3 4. Motives for Internationalisation 4 5. Malaysia Economy Profile 5 5.1 Malaysian Fast-food Business Environment 6 6. Taco Bell’s Global Strategy 6 6.1 Entry Mode 7 7. Conclusion 7 8. Recommendations 7 1. Executive Summary The purpose of this study is to critically analyse the investment opportunities prevalent in the Malaysian market by taking into consideration the significant macroeconomic factors, food industry trends, political environment and other socioeconomic trends that can affect business competitiveness. The idea is to take advantage of the growing Asian market as part of Taco Bell’s internationalisation. The report also presents a valuable insight towards the...
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...industrialized countries by the year 2020 have been clearly communicated and disseminated to all the organizations and its employees. The specific objective of the plan is to accelerate industrial restructuring, technological upgrading, human resource development and industrial linking. HRD being one of the development factor is given priority to support the implementation of a productivity-driven growth which required highly skilled, trainable and knowledgeable manpower. A greater emphasis is continuously given to increase accessibility to education at all levels in line with the democratization of the education policy. At the same time, the long-term objectives of generating a highly skilled labor force to meet the demand of the current economy remains in focus that HRD is a primary element in enhancing the nation’s competitiveness. Under the Tenth Malaysian Plan, one of the main emphasis for achieving productivity is to focus on skills development, especially in terms of upgrading the skills the existing work force to facilitate industries to move up the value chain. Skill development is also more concentrated towards specialization as one of the current ten big plans of the country is to thrive towards transforming into high-income country through specialization. Towards nurturing top talent of the nation, the Government plans to undertake a comprehensive reform across the entire life-cycle of human capital development, from upgrading early childhood education right through to upskilling...
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...five sen a litre. Tomorrow's pump price will be RM1.85 per litre for RON95 and RM1.75 per litre for diesel. Subsidies for RON97 have been removed completely and its price will be subject to market forces. Natural gas (LPG) will rise by 10 sen per kilogramme to RM1.85. The price of sugar will also be increased, by 25 sen per kilogramme to RM1.90. In a statement tonight, Prime Minister Datuk Seri Najib Razak said the move to cut subsidies on fuel and sugar would save the government RM750 million a year. "The readjustment of fuel and sugar prices are minimal compared to the proposals submitted because the government wants to balance between maintaining the people's interests and the need to manage the country's deficit," he said. The Malaysian Insider understands that this is the first stage of subsidy cuts and it is expected to be reviewed every six months. Sources said that subsidies on electricity are also expected to be cut but no decision has been made yet on when that will happen. By raising prices of fuel and sugar, Prime Minister Datuk Seri Najib Razak is signalling he is prepared to rebuild support for BN and implement economic reforms which could include the eventual introduction of an unpopular Goods and Services Tax (GST) and further market...
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...Malaysia was formed in 1963 when the former British colonies of Singapore and Sabah and Sarawak on the northern coast of Borneo joined the Federation. Kuala Lumpur is the capital city , while Putrajaya is the hold of the federal government. The population exceeded 27.5 million, with over 20 million living on the Peninsula in 2010. Malaysia is the 67th largest country, with a land area of 329,847 square kilometers (127,355 sq mi). It has land borders with Thailandin West Malaysia, and Indonesia and Brunei in East Malaysia. Malaysia Agricultural sector contributes 12 % to nation’s GDP and employing 16% of total population of Malaysia, various crops such as rubber, palm oil, cocoa, bananas, coconuts, durian, pineapples, rice, rambutan are grown. Malaysia has started organic farming in fruits and vegetables and has come up with logo "Organic Malaysia". When we consider agriculture sector, country like Malaysia is world's main exporter of natural palm oil and rubber, which combine with saw wood and sawn cocoa, timber, pepper,t imber, tobacco and pineapple lead the growth of the sector. The First National Agricultural Policy (1984-1991) was drafted in response to the inability of previous policies to eradicate poverty and sluggish performance of the agriculture sector as the country’s engine of economic growth. The Second National Agricultural Policy (1992-2010) and The Third National Agricultural ...
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...media systems of the United Kingdom (UK) and Malaysia today. Autonomy vs. state intervention It is common to hear that the Malaysian journalistic field is restricted in reporting political and public issues (Kenyon, 2010). As one of many developing countries that support the guided press notion, the Malaysian government argues that by curbing certain freedoms within the mass media, the aims of national development can be met (Raj & Sreekumar, 2012). As a result, Malaysian journalists are swallowed in boundless lengths of red tape – all of which are adversely used in the government’s favour to constrain the media’s freedom of speech. Some of Malaysia’s legislations can be traced back to their inception during the British colonial period (Omar, 1996). In the face of a Communist insurgency in 1948, a state of emergency was declared. The Malayan Emergency, as it was dubbed, marked the beginning of a series of media campaigns implemented by Government Information Services to impede subversion and infiltration while promoting loyalty to the government (Lent, 1975, p. 663-664). Many of these acts were retained even after the end of the Emergency in 1960 and are (in some form or another) still enforced today. It then comes as no surprise that a country formed under oppression cannot be anything other than authoritarian. But it is ironic that while the Malaysian media at the time was increasingly being hard-pressed to report only...
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...The supply of this additional labor force fulfilled the urgent demand for labor which could not be met so easily , at a lower rate. Needless to mention, the shortage of skilled construction workers has become a critical problem in the construction industry. Realizing this issue, the President of Master Builder Association of Malaysia (MBAM) notified, “the acute shortage of skilled workers in the construction industry will give negative impact towards the projects under 10th Malaysia Plan and Economic Transformation Program” (as cited in Abdul Rahim et al., 2011, p....
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...Brain Drain: Intentions to Migrate by Future Malaysian Professionals Abstract Globalisation has led to the fierce competition for skilled labor between firms and thus leading to intense labor mobility worldwide. Shortfall in professionals in host countries has led organizations aggressively search for foreign professionals needed to fill up the gap in their own country. Most commonly observed is the outflow of professionals from developing countries to the developed nations more often than not at the expense of the developing countries. Malaysia is one developing country which is not spared from this phenomenon that is threat to the economy. Malaysian professionals are heavily sought after because they are able to adapt themselves anywhere in the world, multi-lingual and inexpensive. Malaysian professionals are steadfastly flowing out to fill the soaring demands abroad. If this situation were to continue, Malaysia would have to endure a shortage of professionals within the country and will create the issue whether our talent pool can maintain equilibrium to support our robust industry growth. Approaches to offset this phenomenon have to be carried out immediately. Thus, this paper will examined the relationship between the push-pull factors and intentions to migrate which eventually may lead to Brain Drain. Seeing that brain drain of our Malaysian professionals will continue to go on which definitely will have an impact on our transformation, researcher believe that an intention...
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...See discussions, stats, and author profiles for this publication at: https://www.researchgate.net/publication/273618953 Financial Analysis Report: Malaysia Airlines 2007-2011 ARTICLE in INTERNATIONAL JOURNAL OF SCIENCES: BASIC AND APPLIED RESEARCH (IJSBAR) · SEPTEMBER 2014 READS 913 1 AUTHOR: Gilbert O'Neil Mushure University of Zimbabwe 4 PUBLICATIONS 0 CITATIONS SEE PROFILE Available from: Gilbert O'Neil Mushure Retrieved on: 07 January 2016 International Journal of Sciences: Basic and Applied Research (IJSBAR) ISSN 2307-4531 (Print & Online) http://gssrr.org/index.php?journal=JournalOfBasicAndApplied -------------------------------------------------------------------------------------------------------------------------------------- Financial Analysis Report: Malaysia Airlines 2007 - 2011 Gilbert O’Neil Mushure* Department of Accountancy, University of Zimbabwe,P.O Box MP167 Mount Pleasant Harare Zimbabwe Email: accountancy@commerce.uz.ac.zw Abstract This work is an analysis of the annual reports of Malaysia Airlines Berhad from 2007 to 2011. Profitability analysis was done on the financial statements of the company from 2007 to 2011. Cash and working capital management analysis were done on the financial statements of 2010 and 2011. It was found that Malaysia Airlines Berhad was constantly suffering from high costs of operations which resulted in consecutive negative gross profit over the years.Net profit remained positive...
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..., & EDITED BY SEOW KIAN TAN Background CIMB Group is Malaysia’s second largest financial services provider. It is listed on Bursa Malaysia through Bumiputra-Commerce Holdings Berhad (BCHB). In 2004, the CIMB Group began the process of creating a strong and competitive universal bank anchored by Commerce International Merchant Bankers (CIMB), Malaysia’s largest investment bank. In line with CIMB's forward thinking philosophy, CIMB has acquired stakes in international banks and these subsidiaries have been integrated into the CIMB Group making the CIMB Group the leader in investment banking in Southeast Asia. The majority stakeholder (28.39%) of the CIMB Group is Khazanah Nasional, which is the investment holding arm of the Malaysian Government. Khazanah Nasional also owns a stake in CIMB-Niaga (Khazanah Nasional Berhad, 2010). In just 2 years, CIMB transformed itself from Malaysia’s no. 1 investment bank into a regional universal banking group. CIMB has grown from staff strength of 1,000 in Malaysia to 20,000 in 12 countries while market capitalization has increased from RM6.3 billion to RM19.5 billion. The Group’s total assets grew from RM14.7 billion to RM155 billion with a further RM18 billion being third party funds under management (CIMB, 2010). Objectives and Philosophy CIMB’s objective is to create value by serving the needs of its clients, and doing this with integrity (Anonymous, Personal communication, September 15th 2010), CIMB's primary focus is...
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