Sign up | Log in



Home  >>  Daily News  >>  ASEAN ANALYSIS


Asean Affairs   20 April 2011

Investment doesn’t threaten Malaysia

By  David Swartzentruber

AseanAffairs     20 April 2011

Related Stories

April 19,2011
Food insecurity is here to stay

April 18,2011
Odds are Xayaburi dam to proceed

April 15,2011
Economic progress takes its toll

April 14,2011
Dam may impact fisheries on Mekong

Since the 1997 financial crisis in Asia, Malaysia has the reputation of managing its economy in a singular and distinctive style. At that time when the speculative bubble burst in the region and Malaysia’s neighbors, such as Thailand, accepted International Monetary Fund emergency funding, Malaysia did not. It instituted capital controls and seemed to come out of the crisis in better financial shape and faster than most other Asian countries.

Moving forward to 2011, Asean Affairs has frequently reported on the issue of “hot money,” capital inflows streaming into Asean countries. Most of this investment goes into stocks or other vehicles that have high liquidity as investors seek better returns in Asia than are found in the west. When higher returns are found elsewhere, then these investments can be rapidly switched. This is what happened in 1997 when the speculative bubble burst.

Malaysia has developed another highway for investors to travel through its Economic Transformation Programme (ETP). The ETP was announced in October 2010 with the goal of achieving a per capita income of US$15,000-US$20,000 by 2020, bringing Malaysia into the ranks of developed nations.

At the recent fifth update of the ETP, Malaysian Prime Minister Datuk Seri Najib Tun Razak said that a total of RM11.16 (US$3.7 billion) had recently been invested in 72 projects that would create about 75,000 jobs. New projects include the establishment of an electrical home appliance manufacturing hub and an international distribution network in Penang. The entire program has so far generated RM 106.40 billion (US$35.7 billion) and created 300,000 jobs.

Although Malaysia still has an active stock exchange, the Bursa Malaysia, and it surely benefits from hot money capital inflows, the announced success of Malaysia’s Economic Transformation Programme is noteworthy.

Paul A. Ebeling, Jnr

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    20  April 2011 Subsribe Now !
 • Mekong dam decision deferred to ministerial level Subcribe: Asean Affairs Global Magazine
• Asean countries short on Internet freedom Asean Affairs Premium
• Cambodia to launch first satellite
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Private investment in billions for Indo plan
• Malaysia wants foreign investments

• Philippines’ BOP surplus surges in March

• Refuse power grows in Thailand

• Vietnam’s IT industry languishes p

Asean Analysis    20  April 2011

Advertise Your Brand
• Investment doesn’t threaten Malaysia Sponsor Our Events

Asean Stock Watch    20  April 2011

• Asean will see a rally today p

Global News Impacting Asia    17 November 2010


• Bank of America sees Asian inflation


• Lloyd’s increases insurance push in Malaysia


• Wells Fargo analyst on euro


• Obama’s visit to Asia


ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2021 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand