...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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...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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...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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...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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...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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...Malaysia in the 1990s: Case Study Analysis Ece Alkan Southern States University Abstract This article offers a case analysis of Malaysia economic growth. Malaysia has lots of natural resources and they started to diversify their export product. Malaysia was very succesful producer and exporter of natural rubber, tin and oil palm. Especially, timber was very important for economy. The Western press had been talking about deforestation and environmental groups were trying to change their forest policies. The prime minister had to consider about new development strategies. Malaysia regulated forests area and forbade timber production. After the riot in the 1969, Malaysia changed the policy and it contributed education, employment and ownership quality. Mahathir’s strategy provided growth whereas, it led to not equal situation among rich and poor people. Globalization affected Malaysia not only positive, but also negative way by increasing trade. Keywords: timber, deforestation, forest MALAYSIA IN THE 1990S: CASE STUDY ANALYSIS In the 1991, Mahattir bin Mohammad, who is the Malaysian prime minister about to address the United Nations General Assembly to meet with American business people who are potential investors for the country. Since Malaysia’s independent day, it had showed an upward trend in economy and politicy. The prime minister wanted to maintain that stability. (Ellet, 2007, p. 235) The Western press had been talking about deforestation especially in the East Malaysian...
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...CRIMES IN MALAYSIA Chor Foon Tang♣ University of Malaya ABSTRACT The main objective of this study is to investigate the effects of macroeconomic evils – unemployment and inflation on different categories of crime rates – property and violent crimes in Malaysia via the multivariate Johansen-Juselius and Granger causality techniques. This study used annual data from 1970 to 2006. Johansen-Juselius cointegration tests revealed that property and violent crimes are cointegrated with unemployment and inflation. Furthermore, the empirical evidence exhibit that unemployment and inflation are the driving factors for crimes in Malaysia. Therefore, supply-side economy may be an ideal choice of policy to reduce crime rates in Malaysia. Keywords: Crime, Inflation, Unemployment, Malaysia 1. INTRODUCTION Recent deliberation on whether “Malaysia is a safe haven for travel and investment?” was frequently asked by the international tourists and foreign investors owing to the increasing trend of crime rates in Malaysia. From the visual inspection in Figure 1, both property and violent crime rates in Malaysia has increased quite significantly between 1970 and 2006. Over a decade from 1970 to 1980, both property and violent crime rates in Malaysia increased more than two folds. The property crime rate increased drastically from 25 thousand cases in 1970 to 66 thousand cases in 1980. In the similar vein, violent crime rates increased from approximately 3 thousand cases in 1970...
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...NAME : INTEGRATED CASE STUDY : EAB 40703 : 1) NOR HIDAYAH BINTI ABDUL HAMID 62288111073 2) DAYANG MAZIELA BINTI ZULKIPLI 62288111048 3) NOOR ASRAFEZ BIN JALUDDIN 62288111007 4) NUR HIDAYAH BINTI ABU HASSAN 62288111001 5) NURULHUDA BINTI MUSTAFA 62288111052 6) ZAKIAH BINTI KASIM 62288111072 SEMESTER LECTURE’S NAME :6 : SIR AMIRUL HAFIZ BIN MOHD NASIR SWOT ANALYSIS STRENGTH o Have skilled trained by British master cutters. o A high quality manufacturing o Experience work with European country o High quality of design ready to wear o Aware about employees welfare WEAKNESSES o Lack of production cost o Lack of producing finish good o Lack of management planning o Lack of raw material o Lack of man power OPPORTUNITY o Attract more customer based from Europe o o o o Expand more branch within and outside Malaysia Leave Malaysia Hire cheaper employees in China to reduce cost Improve in technology o THREAT o Price competition with China manufacturing Kiki and Houida want move to China The PESTLE Model Political: Definition: What is happening politically environment in which business operates. For example: Represent the way and the extent to which a government influences the economy and a certain business. Political factors are represented by specific areas, such as labour law, tax policy, tariffs,trade restrictions and even environmental law. For example based on HCF: 1) If Jefry Tan expending their business to China. China and Malaysia have two way relationship...
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...AN OVERVIEW OF FORENSIC ACCOUNTING IN MALAYSIA Mohd Sarif Ibrahim and Mazni Abdullah Department of Financial Accounting & Auditing Faculty of Business and Accountancy, University of Malaya 50603 Kuala Lumpur, Malaysia sarif51@um.edu.my, mazni@um.edu.my ABSTRACT Forensic accounting may not be a new field in accounting. However it becomes so important recently and has been an interest to various stakeholders, from the government, investors, and practitioners to regulatory bodies. Corporate failures like the often cited Enron and WorldCom cases have placed forensic accounting into the limelight. The objective of this study is to present the views of practitioners regarding forensic accounting and its current development in Malaysia. For the purpose of this study, practitioners from the big and medium accounting firms and regulatory bodies in Malaysia were interviewed regarding the subject matter and unstructured interviews were used in the study. Keyword: Forensic Accounting, Auditing and Investigation. INTRODUCTION Corporate financial scandals like the often cited Enron and WorldCom cases of the last few years is a wake-up call to the accounting profession and has rejuvenated the interest in forensic accounting. Increasing government regulations and pressures from other stakeholders has made businesses acutely aware of the consequences of employees’ misdeeds and inadequate internal controls. Companies are now beginning to be more determined than ever to ensure...
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...come up with an appropriate topic PERCEVED VALUE OF 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...
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...FACULTY OF ECONOMICS AND BUSINESS EBA 4043 INTERGRATED CASE STUDY MALAYSIA AIRLINES CASE STUDY NO NAME STUDENT ID 1 ANGELINE JONG HO CHIN 35474 2 FONG SHU YIING 36085 3 SURESH A/L MINAIAH 38941 4 LEE YOKE LAN 39541 5 WAI POH YAN 39641 Malaysia Airlines INCOME STATEMENT ANALYSIS Income Statement Analysis (Cont’) Year/ Aspect 2008 2009 2010 2011 2012 Revenue Increase 2.38% Decrease 24.78% Increase 14% Increase 5.77% Decrease 2.69% Expenditure Increase 5.44% Decrease 19.71% Increase 9.19% Increase 21.57% Decrease 12.84% Net profit for the year Net profit (RM 245,697,000 ) Net profit (RM 493,106,000 ) Net profit Net loss (RM (RM 2.5 237,346,000 billion) ) Net loss (RM 430,738,000 ) Increase 39.09% Increase 63.74% Increase 47.57% Finance Increase cost-interest 29.61% expense Increase 15.19% BALANCE SHEET ANALYSIS • Balance sheet and cash flow – interrelated • cash flow explains inflow and outflow of cash which any changes in balance will affect cash flow • Operating Activities – changes in current assets and current liabilities • Investing Activities – changes in non current assets and other income • Financing Activities – changes in equity and liabilities BALANCE SHEET ANALYSIS There was no long term borrowings in year 2003 until 2006 because of most probably government take over it...
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...Proposal for Effects of Foreign Direct Investment towards Economic Growth, Exchange Rate, and Management Skills in Malaysia Research Method (MKT651) Noor Azyan Syawanie Bt Abdul Ghani Nur Athirah Binti Mohamadzin Nur Aishatul Adila Binti Adnan Effects of Foreign Direct Investment towards Economic Growth in Malaysia Introduction Malaysia is a nation that has been working itself up from the predominantly mining and agricultural based economy towards a more multi-sector economy. To achieve a faster economic growth, Malaysia has accepted an unparalleled opportunities for developing this country through globalization (Athukorala, 2003). An offer of combination of locational advantages by the government is a factor that foreign investors got tempted with (Farhad, Alberto, & Ali, 1999), to invest in Malaysia. Foreign investors has been encouraged by the Government to invests in Malaysia in which has the advantage of having a well-developed infrastructure, industrious workforce, as well as politically stable nation with a good legal system with the additional attractiveness of incentives for the foreign investors. In other words, foreign investors are attracted to invest in Malaysia because of the lower cost of production (Wong, 2005). FDI is a medium for acquiring skills, technology, organizational and managerial practices and access to market, besides being the source of finance and employment (Farhad, Alberto, & Ali, 1999). There are a lists of exports by...
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