Irving, TX (PRWEB) October 21, 2012
Malaysia is considered one of the most rapidly emerging economies in Southeast Asian. During the last decade, the Malaysian economy experienced a moderate growth at an annual rate of 4.7%. Lucintel forecasts the economy to achieve GDP of $434 billion in 2017.
Lucintel, a leading global management consulting and market research firm, has completed a focused study and an insightful analysis on Malaysia's political, economic, social, technological, legal, and environmental factors and presents its findings in “PESTLE Analysis of Malaysia 2012”.
The report details factors that are hampering the economy's development, including the key ones of its current low rate of R&D spending and an increasingly high-dependency ratio to as Malaysia age group demographics trend to a higher average age. Key growth drivers of the Malaysian economy include the nation’s large pool of skilled workers and its diversified export base.
Malaysia is aiming to develop itself into a high-income nation by 2020. To meet this goal, the economy needs to effectively use its human resources and strengthen its R&D spending. The government plans to provide grants and tax deductions and thereby encourage private sector investment in R&D.
The electronics and electrical industry is one of the leading, liberalized, and signature industries of Malaysia and one of the key contributors to Malaysian economic growth. Lucintel has identified the biotechnology sector as one of the fastest-growing sectors that will drive the economy toward achieving its goal of becoming a developed nation.
This Lucintel market research report provides a detail risk analysis of political, social, economic, R&D, and technological environments. The report analyzes of Malaysia’s position in terms of GDP, pricing regulation, foreign direct investment, consumption, savings, and investment. This research study is designed and intended for use by new entrants, manufacturers, OEMs, investors, executives, and consultants focused on the market of Malaysia.
The data and analysis found in the report can be used for a variety of functional business reasons including business development, strategic planning, determination of market size and trends, competitive analysis, investment decisions, and joint product development.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency.
Lucintel has started Live Chat in its Web Site to answer visitors' questions in real time with precision. Visitors can either chat with our experts or call them free of cost through Live Chat to get assistance about what they are looking for from Lucintel.