Sign up | Log in



Home  >>   Daily News  >>   Malaysia News  >>   Investment  >>   Malaysia launches green economy
NEWS UPDATES Asean Affairs        19  May 2011

Malaysia launches green economy

Related Stories

May 2, 2011
Malaysia sets economic corridor goals

April 29,2011
Aluminum smelter plant for Malaysia

April 28, 2011
Malaysia reviews Chinese bank investment

April 20, 2011
Malaysia wants foreign investments

March 4, 2011
Malaysia confident in investment goals

January 21,2011
Impressive FDI Growth In Malaysia

Malaysia is launching an ambitious plan to build a “green economy” with the help of an advisory council that includes economist Jeffrey Sachs and the UN climate change chief.

The initiative is one of a number of economic reforms instituted by Prime Minister Najib Razak since taking power two years ago, aimed at pushing the Southeast Asian country toward developed-nation status by 2020.

His administration has already promised major infrastructure projects and financial market liberalization to attract foreign investment and boost growth, but critics say the results have been limited.

Najib on Tuesday convened the first meeting of an eminent 42-member Global Science and Innovation Advisory Council in New York to help the nation achieve ambitions of becoming a science and technology innovation destination.

Malaysia’s vision of a “green economy” would see it move beyond its status as a manufacturing hub, and establish “low carbon emissions, highly efficient use of resources, and a healthy, well-educated populace.”

As well as Sachs and Rajendra Pachauri, the chairman of the UN’s Intergovernmental Panel on Climate Change, the panel also includes media tycoon Steve Forbes and two Nobel laureates.

Najib said the council would aim to “raise the number of scientifically and technically-trained individuals, entrepreneurs and innovators in our country.”

Malaysia also hopes to develop smart cities and villages, where the Internet is available and resources, such as water and electricity, are managed efficiently through information technology.

Currently, the middle-income nation of 27 million people suffers from urban sprawl and traffic congestion in its capital Kuala Lumpur, and a lack of basic services in rural areas.

Kit Wei Zheng, a Singapore-based economist with Citigroup, said Najib’s administration had achieved some successes including boosting foreign direct investment, but was under pressure to deliver ahead of elections to be called within a year.

The export-dependent Southeast Asian nation saw a sharp decline in foreign direct investment in 2009, tumbling 81 percent to $1.4 billion from $7.3 billion in 2008.

However, FDI jumped 141 percent to 17.1 billion ringgit ($5.5 billion) in the first nine months of 2010, in a rebound partly attributed to the reforms.

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    19  May 2011 Subsribe Now !
• Indonesian minister may lose office Subcribe: Asean Affairs Global Magazine
• Malaysia launches green economy Asean Affairs Premium
• Philippines competitiveness ranking slips
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Singapore raises growth forecast
• China Telecom opens Thailand office

• Bangkok recovers a year after riots

• Japanese firm sites plant in Vietnam

• Vietnam posts trade surplus with Indonesia p

Asean Analysis    19  May 2011

Advertise Your Brand
• Two battles heat up in Asean Sponsor Our Events

Asean Stock Watch    19  May 2011

• Asean Stock Watch-May 19 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

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand