Premium Essay

Influence of Glabalisation to Malaysia

In: Novels

Submitted By blaine
Words 4960
Pages 20
Introduction This report focuses on Malaysia. Some of the key issues that I would like to highlight in this forum are: the influence of globalization on International Business Trade for Malaysia, the roles of ASEAN Free Trade Agreement (AFTA) policies for ASEAN trade collaboration and competition, the macro environmental factors that international business should focus upon before launching market expansion, the roles of government in supporting international trade such as Foreign Direct Investment, how government should assist their businesses in competing in global arena either by protectionism or subsidizing, why has International Franchising strategy has work and what are the industries that have utilized this strategy for expansion successfully and why international business executive should pay attention to cultural influence in business negotiation process particularly Malaysia.
Influence of globalization
Globalization is taking significant role in many nations around the world. All products and services are strongly linked to each other. For example, different parts of computer can be manufacture in different location and assemble in China to save cost. Both developed and developing countries such as Malaysia are cautious of its benefits not only socioeconomically but also geopolitically. Realizing this, Malaysia has started to take initiative in globalization

approach in the 21st century. For example, the export of Thai rice and sugar to
Malaysia, telecommunication equipment to Vietnam, rice and vehicles including spare parts to the Philippines and electrical equipment, machinery, fruits and vegetables to Indonesia. Malaysia sustained a robust broad based growth in 2003, driven by strong domestic demand and sturdy export performance as a result of the influence of globalization. As stated in Economic Report of Malaysia (n.d), ‘Electrical and

Similar Documents

Premium Essay

Malaysia Beauty

...The Beauty of Malaysia - Essay - Siyu 5/7/14, 2:16 PM Login Join The Research Paper Factory Join Search Browse Saved Papers Search over 100,000 Essays Home Page » Historical Events The Beauty of Malaysia In: Historical Events The Beauty of Malaysia Malaysia was called "Malaya" at first, after independent from the British Colonisation in 1957. It was only made up of Malay Peninsula and Singapore Island. After a few years, Sabah and Sarawak decided to join Malaya to form Malaysia in 1963. However, Singapore seceded in 1965. Now, Malaysia is independent for 53 years. This multi-racial and multi-cultural country consists of thirteen states and three federal territories and has a total landmass of 329,845 square kilometres (127,354 sq mi). The capital city is Kuala Lumpur, while Putrajaya is the seat of the federal government. The population stands over 28 million made up of Malays, Chinese, Indians and numerous ethnic groups. Malaysia gained its independent on August 31, 1957. Since independence Malaysia has had six Prime Ministers namely, Tunku Abdul Rahman the first Prime Minister and known as “Bapa Kemerdekaan” (Father of Independence), Tun Abdul Razak the second sitting Prime Minister, known as the Father of Development, Tun Hussein Onn was granted the soubriquet “Bapa Perpaduan” (Father of Unity) sited as the third Prime Minister ,Tun Dr Mahathir Mohamad was the fourth Prime Minister of Malaysia is the longest running leader in Asia serving...

Words: 484 - Pages: 2