Foreign direct investment in Malaysia: Trends and prospects

This paper reports on a study analyzing recent trends, pattern and prospects of the foreign direct investment (FDI) in Malaysia in the post-1997 financial crisis period. Among the ASEAN-4 countries, Malaysia continues to remain as the main centre for attracting FDI.The macroeconomic variables such as GDP, exports and employment are found to be positively influenced by the growth of FDI in Malaysia. To enhance the positive effect of FDI on the growth process of the Malaysian economy the flow of FDI into export-oriented sector and use of domestic inputs by the foreign oriented firms need to be encouraged.It is suggested that for sustained flow of FDI, continual price stability, macroeconomic balances, good governance and economic liberalization reforms are crucially important in the country.In the event of declining inflows of FDI, Malaysia has to shiR towards inward looking policies and search other alternatives to sustain its growth and economic prosperity by seeking more investment oufflows as a global player

Innovation in Malaysia wood based manufacturing firm: An illuminating case study

The purpose of this paper is to highlight the innovation pattern and strategy in wood-based upstream production in view of its significance in the LMT (Low and Medium Technology) industries in a developing economy such as Malaysia.The design of this research is based on a single case study approach.Purposive sampling technique was used and data collection obtained through interview approach.Semi-structured interview was conducted with the general manager of one of the selected wood based manufacturing firm in the state of Selangor, Malaysia which fulfilled the basic criterion set chosen such as the experience involved in innovative activities in past three years.The major findings of the study implied that both product and process innovation are complementary to each other.Sequentially, product innovation takes place and followed by the process innovation.In addition, it has been observed that both competition and market demand induces innovation activities in the wood-based innovation in the manufacturing firm.It is also detected that virtually customers have actively involved in the firm’s innovation process.Alternatively, trade shows, exhibition, online furniture deco webpage, and Wood Furniture Association are traced as the important external sources which have contributed to the information in the firm’s innovation process.Information gathered from the external sources subsequently transformed into internal innovation through trial and error process by internal employees of the firm

Innovation in Malaysian Wood Based Manufacturing Firm: An Illuminating Case Study

The purpose of this paper is to highlight the innovation pattern and strategy in wood-based upstream production in view of its significance in the LMT (Low and Medium Technology) industries in a developing economy such as Malaysia. The design of this research is based on a single case study approach. Purposive sampling technique was used and data collection obtained through interview approach. Semi-structured interview was conducted with the general manager of one of the selected wood-based manufacturing firm in the state of Selangor, Malaysia which fulfilled the basic criterion set chosen such as the experience involved in innovative activities in past three years. The major findings of the study implied that both product and process innovation are complementary to each other. Sequentially, product innovation takes place and followed by the process innovation. In addition, it has been observed that both competition and market demand induces innovation activities in the wood-based innovation in the manufacturing firm. It is also detected that virtually customers have actively involved in the firm’s innovation process. Alternatively, trade shows, exhibition, online furniture deco webpage, and Wood Furniture Association are traced as the important external sources which have contributed to the information in the firm’s innovation process. Information gathered from the external sources subsequently transformed into internal innovation through trial-and-error process by internal employees of the firm

Fiscal management of the Malaysian economy

Fiscal Management of the Malaysian Economy, with a unique approach, reveals how far the Federal Government of Malaysia has succeeded in managing the growth and development of its fiscal architecture towards macroeconomic balancing and contributing to the country’s favourable economic fundamentals in the global settings. The book offers a combination of theoretical underpinnings and empirical analysis in understanding and appreciating the course of fiscal management of the Malaysian economy, in terms of government expenditure, taxation system, fiscal deficits and debt management, over the years since 1990. It draws several inferences for the insights and consideration of policy-makers in developing countries. “Along with its empirical analysis of the fiscal architecture in Malaysia, there is a focus toward augmentation of the policy makers’ insight on the fiscal issues and suggesting future course of direction in moulding the design of fiscal architecture in a developing countries”, Tan Sri Dr. Nordin Kardi, Vice Chancellor, Universiti Utara Malaysia. The volume caters to the varied needs of policy makers, academicians, students, researchers, business communities as well as general readers interested in the field of Public Finance