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    MALAYSIA ECONOMIC & POLITICAL UPDATE   Presentation by: DATO’ DR MICHAEL YEOH Chief Executive Officer / Director Asian Strategy & Leadership Institute (ASLI)
 The March 8, 2008 General Elections brought  about unexpected results. Riding on a wave  of change, the Opposition won on an  unprecedented scale – capturing 5 out of  12 State Governments  and gaining majority  of seats in the Federal  Territory.   BN lost 7 out of 8 by-elections since the GE  but won with a bigger majority in a State  Seat on Sunday 11 th  October reversing a  string of losses. Malaysian Politics Becoming More Stable 1
 PM Najib has introduced greater vigour into  UMNO. Embarked on a Reform Agenda.  Amended UMNO Constitution to make Party  more democratic. Reinventing UMNO and  rebuilding confidence.   PM Najib promoted new 1Malaysia  philosophy putting People First,  Performance  Now as the new mantra. Malaysian Politics Becoming More Stable 2
[object Object],[object Object],[object Object],Malaysian Politics Becoming More Stable 3
[object Object],[object Object],[object Object],[object Object],Malaysian Economy Bouncing Back 4
 Focusing on new growth model – new drivers of  growth needed.  Current growth drivers – oil and gas, construction,  palm-oil, electronic exports not sustainable in long  term.  New growth model will focus on increasing  domestic consumption and services sector –  Islamic Finance, Professional Services, Tourism,  Education, Healthcare, ICT and Biotechnology,  Transport & Logistics, Clean Energy, Green  Technology. Malaysian Economy Bouncing Back 5
 Key Challenges - -  sustainable GDP growth – national        competitiveness -  inclusive growth – imbalances and poverty    eradication -  employment creation – spectre of jobless growth -  education reforms and human capital development -  environmental sustainability -  crime and corruption Malaysian Economy Bouncing Back 6
THANK YOU Dato’ Dr. Michael Yeoh [email_address] Asian Strategy & Leadership Institute (ASLI) 1718 Jalan Ledang, Off Jalan Duta, 50480 Kuala Lumpur, Malaysia Tel: +60 (0)3 2093 5728  Fax: +60 (0)3 2093 4178  Web: www.asli.com.my

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Malaysian Economic & Political Update - By the Asian Strategy & Leadership Institute (ASLI)

  • 1.     MALAYSIA ECONOMIC & POLITICAL UPDATE   Presentation by: DATO’ DR MICHAEL YEOH Chief Executive Officer / Director Asian Strategy & Leadership Institute (ASLI)
  • 2.  The March 8, 2008 General Elections brought about unexpected results. Riding on a wave of change, the Opposition won on an unprecedented scale – capturing 5 out of 12 State Governments and gaining majority of seats in the Federal Territory.  BN lost 7 out of 8 by-elections since the GE but won with a bigger majority in a State Seat on Sunday 11 th October reversing a string of losses. Malaysian Politics Becoming More Stable 1
  • 3.  PM Najib has introduced greater vigour into UMNO. Embarked on a Reform Agenda. Amended UMNO Constitution to make Party more democratic. Reinventing UMNO and rebuilding confidence.  PM Najib promoted new 1Malaysia philosophy putting People First, Performance Now as the new mantra. Malaysian Politics Becoming More Stable 2
  • 4.
  • 5.
  • 6.  Focusing on new growth model – new drivers of growth needed.  Current growth drivers – oil and gas, construction, palm-oil, electronic exports not sustainable in long term.  New growth model will focus on increasing domestic consumption and services sector – Islamic Finance, Professional Services, Tourism, Education, Healthcare, ICT and Biotechnology, Transport & Logistics, Clean Energy, Green Technology. Malaysian Economy Bouncing Back 5
  • 7.  Key Challenges - - sustainable GDP growth – national competitiveness - inclusive growth – imbalances and poverty eradication - employment creation – spectre of jobless growth - education reforms and human capital development - environmental sustainability - crime and corruption Malaysian Economy Bouncing Back 6
  • 8. THANK YOU Dato’ Dr. Michael Yeoh [email_address] Asian Strategy & Leadership Institute (ASLI) 1718 Jalan Ledang, Off Jalan Duta, 50480 Kuala Lumpur, Malaysia Tel: +60 (0)3 2093 5728 Fax: +60 (0)3 2093 4178 Web: www.asli.com.my