MALAY JEAN INC.

Chloe Gohr

Lacey Heatherly

Bianca Kohandani

Ashley McCright

Victor Ramirez

Carly Seitz

ABOUT MALAYSIA

Located 9374.86 miles across the Pacific Ocean from the United States

Malaysia’s current population is over 28,700,00

The official religion is Islam

Life expectancy at birth is 73, with the median age of 26 years old as of

2011

Official language spoken is Bahasa Malaysia, and the secondary

languages spoken are English and Chinese.

Malaysia is newly industrialized, which puts the nation in between

developing and developed status.

POLITICAL ENVIRONMENT

Constitutional monarchy consisting of a Parliament

with two houses headed by a prime minister, sultans,

and a king who acts as chief of state.

Legislative power is divided between:• Federal and State legislature:

• A lower house, the House of Representatives, and the upper house, the Senate.

CULTURAL ENVIRONMENT

Malaysia is a multi–ethnic, multicultural, and multilingual

society.• Separate cultural identities.

Art and music

1917 National Culture Policy • Policy made it so that only Malay texts are considered

official cultural documents.

Strong government control

Family is important

ECONOMIC ENVIORNMENT

One of the best economic records in Asia• 2010, the GDP was $414,400 billion• 29th largest economy in the world• Government has pushed to increase tourism• Negative Effects?

Exports• oil and gas, rubber and tin, palm oil, crude petroleum and

petroleum products, electronics, textiles, and timber.

One of the highest standards of living in Southeast Asia

Major trading partners:• the United States, Singapore, Japan, and China.

LEGAL ENVIRONMENT

Law based on other jurisdictions• Federal and State laws• Written and Unwritten laws

Criminal Procedure Code and Contracts Act

Malaysian land law is based on the Australian Torrens system.

The Federal Constitution provides the supreme law of the land.• Laws, legislation, courts, and other administrative aspects of the

law• Defines the government and monarch, and their powers, as well as

the rights of the citizens

TRADE ENVIRONMENT

Malaysia growth through international trade.• Stabilizing trade policy with other countries to create a more liberal and fair

global trade environment• Trade arrangements such as free trade agreements

• Create quicker and higher levels of liberalization for effective market access between the participating countries.

• Topic Malaysia needs to address:• Tariffs and non-tariff measures• Taxes• Facilitation and promotion amongst trade, economic expansion, and financing• Try to increase their efforts of becoming a more developed country with the help

of enhancing the competiveness

• The four bilateral federal trade agreements that Malaysia has are with Japan, Pakistan, New Zealand, and Chile.

TEXTILE AND APPAREL INDUSTRY

Began primarily in the 1970s

Known for producing and exporting high end products

Malaysian-produced goods include fibers• man-made and natural-fiber yarns• woven cotton and man-made-fiber fabrics• knitted and crocheted fabrics• tulles, lace, ribbons, trimmings, and embroidery• special yarns, textile fabrics, and related products

Malaysia behind China, India, and Vietnam when it comes to cheap labor• Still ideal location for U.S., as well as other foreign, companies looking for a highly skilled, educated

workforce and a government supportive of foreign investment.

The United States stands as the top export destination for Malaysian goods.

In 2008, the production index of the textiles segment increased by 8.6% to 102.8 from 94.7 in 2007

While the production of the apparel segment decreased by 9.5% to 102.5 from 113.3• decline in man-made fiber spinning and the weaving of textiles• decline due to United States’ economic recession