Malaysia - Trading for the Future Malaysia Background Malaysia Today Malaysia New Paradigms Achieving Coordinated Progress

Malaysia - Trading for the Future With 60 years of independence behind it Malaysia now approaches developed nation status … Though still technically still a developing nation, Malaysia’s economy has passed through the usual phases of natural resource exploitation, labour intensive and assembly line manufacturing to its current position where growth focuses on innovation, technology and labour upskilling …

Malaysia - Trading for the Future Malaysia has a population approaching 35 million and a modest labour force in the order of 14 million … Thus supporting a growing economy demands that Malaysia maintains an active trading environment and rejects protectionist policies in favour of an free market model … Trade facilitation and engagement through participation in regional and global trade agreements is essential for Malaysia to achieve its developmental goals by 2020 …

Malaysia - Current Global The volume of world trade continued to grow slowly in 2015 recording growth of 2.7 per cent. The current dollar value of world merchandise exports declined by 13 per cent in 2015, to US$ 16.0 trillion, as export prices fell by 15 per cent. The dollar value of world commercial services exports also fell 6 per cent in 2015 to US$ 4,754 billion. The weakness of trade in 2015 was due to a number of factors, including an economic slowdown in China, a severe recession in Brazil, falling prices for oil and other commodities, and exchange rate volatility. Demand for imports slowed in Asia and in resource-based economies in 2015. However merchandise values appeared to be stabilising as the dollar eased and oil prices staged a modest recovery.

Malaysia - Today

Malaysia - Today

Malaysia - Today

Malaysia - Some Key Numbers

Malaysia - Changing Paradigms Industry 4.0 Model

Malaysia - Services Exports Infrastructure Malaysian companies providing services are gaining recognition among the global business community. From securing and completing projects ranging from highways to bridges, Malaysian companies are gaining a foothold in foreign countries such as the Middle East, India, Pakistan and Vietnam. Education & Healthcare Foreign students have graduated from Malaysian universities and institutes of higher learning in Malaysia as well as in countries where they have opened campuses abroad. Malaysian private hospitals have treated foreign patients in this country and has also ventured abroad to provide their services.

Malaysia - Services Exports

Malaysia - Tomorrow

Malaysia - Agreements

Malaysia - Trade Summary Despite negative impact of falling energy and commodity prices, Malaysia continues to generate trade surpluses. While commodities still play a role in export trade, the move to higher technical manufacturing has seen E&E become dominant in exports while remaining significant in trade imports. Further emphasis on productivity and automation will sustain high tech exports and the move towards the Industry 4.0 model emphasises high technology. Services becomes increasingly important and takes a greater role in exports, with education, healthcare and construction (infrastructure) dominating but new technological sectors emerging. OPPORTUNITIES exist for greater bi-lateral trade through trade agreements.

Malaysia - Achieving Progress Despite elements of protectionism appearing in major economies and continued limited progress delivered by multi lateral agreements, it is suggested that continued efforts to use bi-lateral and regional agreements offers the most effective pathway to facilitate trade and contribute to the growth of LDC and developing nations. In the absence of clear leadership, inconsistent global economic progress and negative geopolitical activities, it is incumbent that trade associations and CCIs to develop a more coordinated and positive voice in favour of trade under a consistent rules based regime. Entities such as CACCI, ICC, WCF require to develop coordinated policies on trade generation, cross border facilitation and commonality of rules so as to enhance their domestic economies and deliver both economic an social benefits to their populations. Who then will take the lead?

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