Tag Archives: New Economic Model

Why Malaysia is A Long Term Investing Destination?

In my view, Malaysia is a very attractive investment destination in Asia. According to the International Monetary Fund (IMF), Malaysia is expected to grow 5.3% in 2011 and 5.6% in 2012. Through the New Economic Model, it will facilitate a more market oriented economy. Sooner, our country will be back on global investors radar screen.

invest malaysia 2011

Previously, we can’t deny that Malaysia has been viewed as defensive market, which works remarkably well for the country. However, our local stock market has been posting excellent performance recently and it’s always outperforming the emerging market indices. So, it’s highly likely that Malaysia will be moved to the advanced emerging market from the secondary market.

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Transforming Malaysia into High Income Country?

Our Prime Ministry Najib announced that he will planning make Malaysia a high income country, like the developed countries in Asia, America and Europe. To reach that status, the per capita income of a Malaysian citizen must be at least US$15,000 and currently the per capita income is US$7000.

per capita income

Based on the history record, Malaysia per capita income was US$500 at independence in 1957. Thus, it took 52 years to achieve $7000. Do you think Malaysia can reach a per capita income of US$15,000 in the year 2020? Or our government needs to take some action to increase our citizen wages?

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