Malaysia has a total of 13 states and three federal territories, and has been divided into Peninsular Malaysia and East Malaysia. From Wikipedia, mention that GDP is the market value of all officially recognized final goods and services produced within a country in a given period of time.
With this increasing numbers of tourist in Million, we can see the amount of receipt in Billion into Malaysia Economic sector also increase. Prices of items such as palm oil, cooking oil, petrol, flour, bread, rice and other essentials have been kept under market prices to keep cost of living low.
The ACA provides a special allowance, where the capital expenditure is written off within three years, i. Just before the crisis, the Ringgit was traded RM2. Lau and Tong,studied has found that contrary to the adverse public perception of GLCs in Malaysia, government intervention improves firm value which provide preliminary evidence on the effectiveness of the ownership and control structure of Malaysian GLCs in creating the firm value.
It shown that the company tax is the biggest contribution to the total tax result. This system encourage the economy growth effectively where the business is run by the private sector where the government provide the guidelines and support.
The graph on the Diagram 5 is extracted from Tourism of Malaysia corporate site shown that the increase of tourist into Malaysia from to