The economy of Malaysia has expanded a lot in 2004, as in the following years, with growth of 7 1 percent. GNI was $ 117 at that time. 1 billion and the GNI per capita is $ 4,650. Malaysia continues to grow aos economy. In terms of purchasing power parity, the country was on the twenty-ninth largest economy in the world after the gross domestic product at $ 357. EUR 9 billion in 2007. With their continued development in the industry, Malaysia has one of the largest of living in Southeast Asia.
Malaysia is rich in natural resources: oil palm, timber, tin, petroleum and rubber. Agriculture accounts for 12 percent of the country, AOS GDP. 16 percent of the working population is employed in agriculture. The main crops are oil palm, cocoa and rubber, but also fruits and vegetables: coconut, pineapple, rambutan, bananas and durian.
The country can not meet the population, AOS daily requirement of rice, Malaysia is forced to import it from neighboring countries like Vietnam or Thailand. Malaysia is the largest producer of palm oil in the world, they produced 10 million tonnes of palm oil in 1999, most of which were exported. Malaysia is also a major exporter of rubber and wood: tropical logs, sawn timber, hardwood.
determined the manufacturing sector: furniture, office equipment, electrical machinery, apparatus and appliances, clothing, shoes. International trade has an important role in the country, AOS economy, since it is one of the three countries to control the Strait of Malacca. 48% of the country, aos GDP by industrial sector covered: banking, telecommunications, tobacco, transportation, utilities. Bank Negara Malaysia regulates the financial sector in Malaysia. It licenses, limits on foreign participation. In 2001, the Central Bank a Financial Sector Master Plan launched for the financial sector after the financial crisis in Asia to recover, with a focus on Islamic banks.
Poverty is still a big problem to be solved. Urban poverty appears to have been neglected in favor of rural poverty because it is assumed that only 2 percent of the urban population lives in poverty. Malaysia, AOS economy managed to maintain a fast economic development over the last three years straight. It has reduced poverty and a better environment for the ethnic groups in the country. The World Bank confirms the fact that growth was registered in all sectors of Malaysian. The growth has been continuous for five years mainly due to domestic consumption. The private investment led to a private sector, the country AOS economy. P>

July 1st, 2010
Business and Financial
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