Analaysis Of Malaysia's Economy
The Malaysian Economy
Malaysia is a country rich in culture, languages, commerce and natural resources. The population is a diverse mix of ethnic Malays, Chinese, Malaysians of Indian descent, and Indigenous people. Although the Islamic faith is the dominant religion in the country, the cultural and socio-political environment is one of harmony and people of different religions are free to worship. The heterogeneity and open collective nature of Malaysia's socio-political landscape makes it an ideal stable country for new business ventures.
Malaysia has a wealth of natural resources. Malaysia's main exports include palm oil, natural rubber, cocoa and tobacco. Mineral resources are also integral to the Malaysian economy, primarily tin, oil and natural gas. In 2004, Malaysia's oil reserves were estimated at 4.8 billion barrels and natural gas reserves at 89 trillion cubic feet.
The current economic focus in Malaysia has shifted from one that is commodity-based to that of......
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Approximate Word Count: 956
Approximate Pages: 4 (250 words per double-spaced page)
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