Markets
Eroding comparative advantage
Anthony Dass | 19 Apr 2019 00:30
Malaysia’s strong export performance, especially by the manufacturing sector, has supported economic growth since the late 1980s. However, since 2000 its manufactured exports performance has been on a decline.

It was partly due to the downturn in the electrical and electronics (E&E) industry. Furthermore, manufacturing exports also face a number of challenges. Most notable is China as well as the increasingly stiff competition from the Asean peers.

At the country level, Malaysia enjoyed a comparative advantage between 1998 and 2017 vis-à-vis its peers amongst the Asean-6 countries (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam).

However, Malaysia is losing its comparative advantage, critically to both Thailand - which surpassed Malaysia in 2015 - and Vietnam in 2017. Meanwhile, Singapore further widened its comparative advantage against Malaysia.

Download and read the latest issue of Focus Malaysia here:
Snippets
IES 2019: Education - The Next IPO

The inaugural International Education Symposium 2019 (IES 2019) will be held on 29 and 30 July.


TNB Night Run To Promote Environmental Awareness

TNB Night run to raise energy-saving awareness.