Malaysia: Moving Towards an Excellent Economy

Nowadays, all countries have been suffering from economic slump. The strong economy countries like United State of America, Japan, Taiwan and China also have a deep impact to their economy. A lot of people lost their jobs and the governments are trying to find the solutions to resolve the problem. As a part of the country which also battered by economic slump, Malaysia government has drafted economic plan to safe the country from the global financial collapse. Parallel to the world's vision in achieving economics, business and entrepreneurship excellence across the region, Malaysian government strive to contribute in nation building in a bid to achieve the nation's goal to become an industrialized economy. Along with the vision, their mission is to gain economy, business and entrepreneurship as the main choices of people through strategic planning, research and successful organization skills. Government and private sector work together in terms of economy to make the security for the people.

The aim is to adopt innovative approach such that a broad-based discipline is achieved, combining the studies of economics and business with information technologies. Global competitiveness is thus the focus. Strong theoretical foundations assure ethical professionalism is practical. Emphasis will be given on the evaluation of the effects and contributions of the international economics and business trade to the contemporary Malaysian economics and business environment. Government would be revised the planning every month to get the result.

Entrepreneurship is one of the steps to increase the profit. Government has the advantages of preparing people with the entrepreneurial skills that satisfy the managerial and professional category in the job market. Some projects such as Sarawak Corridor were launched by Prime Minister to attract the foreign investor to invest in the country. The government spends about billion dollars to gain the profit. The tourism industry also was strengthened with widely advertising and promotions. The broad-based enables people to specialize in wider range of fields which is important in global market.

Government also provided such programs to peoples make their life better. Its include programs which organized from collaborations between government and private sector. The program offered is market-driven having to common foundations. Quantitative method serves as one foundation while theory economic and business principles serve as the other. Wrapped around these two foundations is information technology input. Government and non government organization linkages will be enhanced through industrial training. The purpose of economics program is to produce knowledgeable people with competitive advantage in domestic and international level.