- 1 Malaysia SWOT Analysis 2022
- 2 Strengths In The SWOT Of Malaysia
- 3 Weaknesses In The SWOT Of Malaysia
- 4 Opportunities In The SWOT Of Malaysia
- 5 Threats In The SWOT Of Malaysia
- 6 FAQ
- 6.1 What is a SWOT analysis of a country?
- 6.2 Where does Malaysia get its wealth?
- 6.3 What is Malaysia known for?
- 6.4 Why Malaysia is the best country?
- 6.5 Is the Malaysian economy good?
- 6.6 Why is Malaysia so rich?
- 6.7 Why is Malaysia called Truly Asia?
- 6.8 References Books on Astro Malaysia SWOT Analysis
- 7 A SWOT Analysis Of Malaysia The Bottom Line
Malaysia SWOT Analysis 2022
Malaysia SWOT Analysis: Malaysia is a nation located in the southeast region of Asia. South Chinese Ocean divides the country into two sections: East Malaysia and Peninsular Malaysia.
The capital of Malaysia is Kuala Lumpur. Thailand, Indonesia, Vietnam, Singapore, Brunei, and the Philippines are neighboring countries to her.
The people of Malaysia comprise over 32 million inhabitants. Malaysia is a constitutional monarchy that has three federal territories as well as 13 states in total.
Nine Malay states choose the monarch, or King, who is the head of the state, for a period of five years, while the Prime Premieres Head of Government.
Even though English is the most widely used language, Malaysian is still the most used national language of the nation.
A SWOT study of Malaysia will help us identify a myriad of external and internal elements; the following is;
Strengths In The SWOT Of Malaysia
- An ally for all of the globe… as well as China. A little: Malaysia is an active member of numerous international organizations, including the UN, ASEAN (in which Malaysia is the founding member) as well as the Commonwealth of Nations. Malaysia is also known to be an issue but is also an ally to China. Both countries have differences about their respective waters in the South China Sea but have been able to resolve the problems quickly and in a mutual way.
- Shockingly high unemployment: One of Malaysia’s greatest assets is the low rate of unemployment. It’s among the lowest rates in Asia. It’s at or just over the 3% mark (in 2019,). Mining is an important sector for the nation’s economy, however, they’re also taking on increasing knowledge-based and service-based businesses as well. If these industries grow then the unemployment rate will drop further.
- Multi-cultural population: Malaysia is a country that is multicultural and has Malaysians, Chinese, and Indians making up the majority of the people. These three groups get along from school and in the workplace however, the majority of them will not marry or date outside of their own ethnicity. The three groups are able to live in harmony despite differences in their religions and cultures.
Weaknesses In The SWOT Of Malaysia
- The political corruption that is prevalent in the world restricts basic rights: The political system in Malaysia is fairly stable, but that could be due to corruption. Political leaders have made Malaysian people pay fees to access basic services like courts, schooling, and even hospitals. The fee is known as”a “sweetener” and if it’s not paid, Malaysians might not be able to access the medical services they require or even the chance to pursue their education.
- Unfair intervention during political debates: The media is also governed by the government. In the 2007 elections, the ruling party directed radio and television stations not to broadcast speeches by the opposition party. This is a corrupt and unjust circumstance that benefits only the political parties currently in power. Even if people wanted to choose an alternative party, it’s a snub.
- Exports might not be as useful: Even though exports comprise the largest portion of Malaysia’s economy, it’s also an unstable market. Prices for diesel and gas change constantly, and due to the rise in electric cars, more nations are choosing to make use of sustainable energy sources. Due to this, Malaysia could see the export market as a problem since it can slow the growth of its economy.
Opportunities In The SWOT Of Malaysia
- Changes in the economic streams: In the past five decades, Malaysia is changing its economic model. It has multiple streams of income. At present, Malaysia is considered a middle-income country, with the potential to rise even more. If they concentrate more on enhancing the services-based industries instead of exports — Malaysia’s economy could increase even faster.
- More carers in the world of technology: Malaysia is open to embracing the latest technology and technologies of popular brands such as Google as well as IBM. With these technologies in place, it is simpler for Malaysians to transition into tech jobs. It starts with embracing and comprehending the technology in the first place, after all. Technology is a growing industry across all countries and is likely to lead to greater jobs in the near future. It is a priority for the government to provide increased investment in high-tech industries to assist in this.
Threats In The SWOT Of Malaysia
- Deforestation: The cities are growing and mining is looking for new sources of gas and oil. Forests are shrinking because of this. Palm oil is among the main ingredients used in many exports from Malaysia. Deforestation could mean the end of the palm oil business. It is close to extinction due to this Malaysian deforestation. A lot of species are now declared extinct. The government needs to stop the forest destruction, or else it will be too far too late.
- Corruption in politics: The corruption of politicians or bribery is destroying the very foundation of an enlightened society. It’s because it’s impossible to obtain a more knowledgeable education and access medical services without paying for it. Anyone who raises one’s voice against corruption, then government-controlled media won’t give coverage to such news. It is very difficult to ever be changed since nobody is willing to acknowledge the truth.
- Security concerns: Two local radical organizations such as Abu Sayyaf Group and Jemaah Islamiyah have strong networks across the nation and have also connections with Al-Qaida. That’s the reason that the US government has placed them on the wanted list. The idea is that the entire economic system and investment can’t grow without security measures in place.
What is a SWOT analysis of a country?
A SWOT analysis pinpoints the regional competitive advantages which are the local assets that make the region distinctive or competitive in global and national economies. They are juxtaposed with external and internal elements that could hinder the region from achieving its full potential.
Where does Malaysia get its wealth?
What is Malaysia known for?
Why Malaysia is the best country?
Is the Malaysian economy good?
Why is Malaysia so rich?
Why is Malaysia called Truly Asia?
References Books on Astro Malaysia SWOT Analysis
Astro Malaysia (2018), “Astro Malaysia Annual Report”, Published in 2018.
Euromonitor (2018), “Services Sector Analysis “, Published in 2018.
A. D. Chandler, Strategy and Structure (Cambridge, Mass.: MIT Press, 1962)
L. Wrigley, Divisional Autonomy and Diversification (Ph.D., Harvard Business School, 1970)
M. E. Porter, Competitive Strategy(New York: Free Press, 1980)
O. E. Williamson, Markets and Hierarchies(New York: Free Press, 1975)
R. E. White, Generic Business Strategies, Organizational Context and Performance: An Empirical Investigation, Strategic Management Journal7 (1986)
A SWOT Analysis Of Malaysia The Bottom Line
Malaysia is a prosperous nation that recognizes it has to expand its exports in order to keep growing.
This implies greater use of technology. However, adopting emerging industries as well as expanding the cities to take advantage of new possibilities comes with costs.
Deforestation is harming Malaysia’s ecosystem. A lot of animals are on the verge to disappear or are, as is discussed in the PESTLE study in Malaysia.
It’s not just about the money. The ruling parties will do whatever it takes in order to continue as the top government of the nation.
They’re not afraid of stifling opposition leaders or forcing people to pay in exchange for services that are basic.
The people are however resilient. They are from a multi-cultural background. They are prepared to put in the effort regardless of obstacles impeding their progress.