Moving beyond manufacturing

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The top 10 imported commodities in Malaysia make up as much as 74.61% of the nation's total imports. Most of these have been in the manufacturing sector since 2000. Penang, being tie country's major manufacturing hub, is highly dependent on such imports. Although more recent data are lacking, this aspect of our economy is a cause for concern.

AS A MAJOR manufacturing country, Malaysia is necessarily a huge market for many imported commodities. It is important to clearly identify the more expensive imported commodities — which could also be described as a "Missing Industry" in the domestic economy — in order to reduce Malaysia's dependence on imports.

Not surprisingly, the manufacturing industry for radios, TVS, etc is by far the largest importer, accounting for almost 40% of total imported goods. This industry involves the manufacture of electronic valves, tubes and other electrical components; television and radio transmitters and apparatus for line telephony and line telegraphy; and television and radio receivers, sound or video recording or reproducing apparatus and associated goods.


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