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Pestel Analysis of Malaysia

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Pestel Analysis of Malaysia
PEST ANALYSIS OF MALAYSIA. The Multiple Racial Country
Now lets talk about Malaysia. This South East Asian Country is very dynamic, multiracial and highly cultural. We shall make a PEST Analysis of the Country and find some facts about them.

Political
Economical ANALYSIS
Social
Technological

| Malay
Chinese
Indians | MALAYSIA

Malaysia in the 21st century is confident in its economic achievements and aspires to be a leader amongst Asian nations. Since achieving independence in 1957, it has enjoyed substantial success in reducing the rate of poverty, which stood at 3.7 percent in 2007, accelerating growth, which was an impressive 6.5 in 2010, and maintaining a democratic political system. Malaysia ranks among nations today as an upper-middle-income country, and hopes to achieve developed-nation status by 2020. But Malaysia also suffers from a widening gap between the rich and poor, lagging standards in education, crime and corruption, and polarization between the country’s major ethnic groups.

PEST ANALYSIS OF MALAYSIA

PEST analysis of Malaysia refers to the analysis of its

• Political

• Economic

• Sociocultural

• Technological

FACTORS……

Malaysia political Analysis

Malaysia is a federal parliamentary monarchy, the Prime Minister of Malaysia is the head of government, and there is multi-party system. The Malaysian political system refers to all those regulations and practices and the structure of laws that show how the government is run. Malaysian political system has a unique foundation on which the country's machinery functions.

• The constitutional system

The Constitution of Malaysia was drafted based on the advice of the Reid Commission which conducted a study in 1956 . The Constitution came into force on August 27, 1957.

• Executive Branch

Malaysia, a federal constitutional elective monarchy, is nominally headed by the Paramount Ruler or Yang di-Pertuan Agong, commonly referred
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