nasyen bulding grup saimen

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Name: Nur Fariha Farihin binti Mat Johar (leader)

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Gift:

Name:Name: Abdul Hakim Siddiq bin Muhammad Suhaimi

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Gift:

Name:Name: Sharifah Nor ‘Amirah binti Syed Lokman Hakim

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Gift:

Name: Norshafiqka binti Norman

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Name: Affiqah Syarina binti Affendi

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Gift:

Name: Nurul Yusmawani binti Mohd Yusri

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Gift:

Name: Pon Malar a/p Raja

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Group 2 Group 2

Nation BuildingNation Building

Lecturer: Dr. MohanLecturer: Dr. Mohan


IntroductionEconomy’s intro

At one time, Malaysia was the largest producer of tin, rubber and palm oil in the world. Manufacturing

has a large influence in the country’s economy, accounting for over 40% of the GDP. In 1991, former Prime

Minister of Malaysia , Mahathir B. Mohamad outline his ideal , vision 2020 in which Malaysia would become

a self-sufficient industrialised nation by 2020 . But in this globalization era , unemployment is still a huge

issue especially among fresh graduates . According to the Sun Daily on 15 February 2016 by Rajvinder

Singh , there are currently 200,000 unemployed graduates in the country , not including SPM and Diploma

graduates . According to the Malaysian Employers Federation (MEF) , last year alone , some 26 000 people

were retrenched and more expected year due to formal job sector that can only take about 6.5m workers and at

present there are two million foreign workers.

Exports in January declined 2.8 per cent from a year earlier compared with 1.4 per cent growth in

December and a Reuters poll forecast of 2.5 per cent. But, in a short period, Malaysia's exports in February

rose faster than forecast due to stronger palm oil demand and a jump in tech shipments to the United States.

Exports in February grew 6.7 per cent from a year earlier, more than double economists' estimates of 3.1 per

cent growth.

Emerging from the current economic crisis will demand resolute measures. The overall prospects for

Malaysia’s economy are thus rather dim. Malaysia may face a painful adjustment. If the Malaysian economy

is to emerge from the present crisis , it will need to embark on a program of reforms that boldly address these

structural limitations.

nasyen bulding grup saimen

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