The 1997 East Asian Financial Crisis had caused a major set back for the Malaysian economy. Almost every sector of the economy was affected. It is in this contact that this article discusses the ‘third shift’ of the economy in Penang, particularly by focusing on the SMEs on three aspects. First, the major factors affecting… Continue reading Penang SMEs and Globalization: Crisis, Accommodation and Challenges
Category: Economics
Pegging Amidst the Floaters Post Crisis Exchange Rate Policy in Malaysia vis-a-vis the Neighbours
The paper examines the arguments for and against a fixed exchange rate regime for a small open economy like Malaysia and looks at the post crisis actual performance of exchange rate movements of its neighbouring economies. The paper also evaluates the economic performance of Malaysia vis-à-vis that of the rest of ASEAN and discusses whether… Continue reading Pegging Amidst the Floaters Post Crisis Exchange Rate Policy in Malaysia vis-a-vis the Neighbours
National Study: Malaysia – Role of agriculture and rural development
The article explore the role of agriculture and rural development in Malaysia, and organic farming in the national context. Author: Ong, Khun Wai. Download
Employee Involvement in Malaysia Issues and Challenges: A case of Employee Share Option Scheme
The paper examined issues and challenges facing Malaysian organizations in implementing a form of employee involvement that is employee share option scheme. The findings of this study showed that there are some similarities and differences compare to the study conducted in other countries as mentioned in literatures. Issues for similarities, differences and challenges to make… Continue reading Employee Involvement in Malaysia Issues and Challenges: A case of Employee Share Option Scheme
Ekopelancongan Dan Perbelanjaan Ekopelancong Di Pulau Redang
The study of tourist expenditure is based on information gathered on accommodation, food and beverage, transportation, tourism and shopping activities. This research was conducted to identify factors affecting expenditure such as demograph, visit characteristics and perceptions and tourist expenditure patterns at Pulau Redang factors. Article written in Malay. Publication: 4th International Malaysian Studies Conference; 3-5… Continue reading Ekopelancongan Dan Perbelanjaan Ekopelancong Di Pulau Redang
Attracting Scientific And Technical Talent From Abroad: Lessons For Malaysia
The paper describes the initiatives adopted by Malaysia to attract skilled personnel to serve the country. These measures, however, have not met with much success. An account of the findings of a recent study to review these initiatives is also given. It is suggested that adoption of future initiatives accord more emphasis to developing partnerships… Continue reading Attracting Scientific And Technical Talent From Abroad: Lessons For Malaysia
Globalization effects on industrial location
The object of this research is to analyze the evolution of the maquiladora industry in Mexico and the multinational corporations in Malaysia. It is believed that there might be a similar behavior of these industries in both countries, because they have been characterized by a high growth of the industrial activity related to the exports.… Continue reading Globalization effects on industrial location
The Ringgit’s New-Found Freedom
The ringgit is free but not floating freely. It is now under “managed??? float. Cynics would call it “dirty??? float. To them, a “clean??? float is synonymous with a “free??? float. The latter is labeled “clean??? as the exchange rate under this mode is determined by supply and demand for the currency without government interventions.… Continue reading The Ringgit’s New-Found Freedom
Mahathir and the Markets: Globalisation and the Pursuit of Economic Autonomy in Malaysia
Of the countries affected by the recent economic crisis in East Asia, Malaysia has attracted particular attention. Malaysian policymakers have consistently flouted conventional wisdom about the most appropriate ways of managing the crisis, in particular, and national economies, more generally, in an era characterised by increased international integration, both economic and political. Not only has… Continue reading Mahathir and the Markets: Globalisation and the Pursuit of Economic Autonomy in Malaysia
Technological and Managerial Upgrading of SMI/Es Through Linkages with MNCs/LSIs: Lessons Learnt & Implications
It is widely known that many MNCs/LSIs are developing supplier networks of competitive SMI/Es to complement their core activities. However, it is also a known fact that many of the local SMI/Es remain de-linked from the MNCs/LSIs, and thus are at disadvantage in terms of technological spillovers, access to markets, information technology as well as… Continue reading Technological and Managerial Upgrading of SMI/Es Through Linkages with MNCs/LSIs: Lessons Learnt & Implications