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What are the Malaysia and the Philippines' differences in economy?
Economically Malaysia is just a wee bit richer than the Philippines. Well that if you consider Malaysia's more than 400% higher GDP per capita (nominal) than Philippines' figure as "a wee bit". (trollface)
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Because of the oil and money the malaysia goverment is so greedy. Malaysia is currently profiting out of sabah which is part of the philippines if I were the sabahan I wou…ld have joined the philippines instead,but I dont blame them they were tricked into voting against the Philippines. local Sabahan's illiteracy where exploited into voting against the Philippines.
A flight from Manila, Philippines to Malaysia would have a flight time of about 3 hours.
Advantages are: * People can make there own decisions * The government has limited control which is good for structure * Provides freedoms such as: Ente…rprise ownership, Social Welfare, Profit Earnings, Political Freedom. * All national resources are utilized under mixed economy. * It will active government support and direction.
there is no time difference between Malaysia and Philippines. =)
The Philippine sports are part of the Philippine Tourism. When Philippine sports are known to other countries, this brings new investors in the country and ultimately cont…rbiutes to the upliftment of the economy in general opening newer jobs and more opportunities for the Filipino people.
Malaysia is a Newly Industrialized County (NIC). It's current GDP per capita is $14,400 (2007 est.). Malaysia is the 29th largest economy in the world by purchasing power pari…ty with gross domestic product for 2007 was estimated to be $357.9 billion. It's GDP growth rate is 5% to 7% since 2007. Malaysia was one of the South East Asian countries that experienced rapid economic growth in the early 90's and dubbed as one of the Asian Tiger Economy. Though this did not last long. Malaysia was hit in the Asian Financial Crisis in 1997, but quickly recovered by about 2001. Malaysia was among the first to recover from the crisis, mostly by refusing aid from the World Bank. Malaysia had never attain it's previous average GDP growth of 9% since. Malaysia has a very diversified economy, blessed with abundant natural resources. Manufacturing has a large influence in contributing economic growth. As one of three countries that control the Straits of Malacca, international trade plays a large role in its economy. Due to steady economic growth, Malaysians enjoy a considerably comfortable life. With HDI index of 8.11 and poverty is low at 3.5% (2007 est.)
This topic is an eye opener to all Filipino's who are not aware in our economy status. I recommend that we all have to participate and be an asset in our country. First we sh…ould have a job to lessen our country's liability. It makes my heart cry knowing that the country Japan's economy is rising while our country is still in the ground. Second, Our own government Is the reason of our off growing economy instead of giving those bucks to our people and for the sake of this poor country they'd keep it on their own pocket.
I think Philippines is Better... It's not the fact that I'm a Filipino but I find it way better than Malaysia. The Philippines' worse is it has an unstable government,polluti…on at some parts of the cities, Crowded. The Philippines' Tourism Slogan is "It's More Fun In The Philippines"..and I agree. This country is economically beautiful. Recently, it surpassed China's growth Continously, Investors like Donald Trump come in. Even though we don't have a twin tower that is 80 or more stories tall, our skyline is really great, Constructions of supertalls come in. Naturally, It too is beautiful. We have some amazing sceneries. Boracay Beach, Coral Reefs, We have 7,000 Islands. We have some amazing places, and it's really worth the trip. And last but definitely not the least, is the Palawan Underground River, and it's one of the new 7 wonders of the world. The People here are nice,hospitable. We can speak English. And oh yeah! most of the young people likes to Party. We had a great food, and some int'l cusines, French rests,Italian,Chinese, and the Filipino food is nice too. Shopping? Ha! We've got the 3rd,and the 8th Largest shopping malls in the WORLD... We have like hundreds of malls around the City, you will definitely spend most of your money here. People here are Beautiful..last year, Ms. Philippines is the 3rd runner up in Ms. Universe. People here are so talented, You know Bruno Mars? He has a filipino blood, Charice,Nicole Scherzinger,Vanessa Hudgens, Apl of Black Eyed Peas, Jessica Sanchez,etc. They all have a filipino blood. I've never been to Malaysia but I know there are some good places there too, but I found, that this country is Beautiful, just be careful, cause foreigners attract some evil minds, especially here in Manila. -It's More Fun In The Philippines!
No, Malaysia is another country but sabah and sarawak are part of the philippines
The difference beetwen philippines and malaysia is that the philippines does not steal from other country not like malaysia which stole sabah from the philippines and mala…ysians are soo greedy.
The economy of the Philippines is always changing, sometimes the economy is high, sometimes the economy is low. About the Global Crisis, the economy of the Philippines i…s rising sometimes but a little only, but when it goes down, either the economy goes down very low, or goes down a little low.
The GDP of the United States is sixty three times greater than that of the Philippines. The Philippines has a poverty rate of 26 percent compared to that of the U.S. which… is 15 percent.
The impact of globalization on Malaysia's economy is tremendous. Now, the country makes use of cyber technology in education, business, and information technology to furth…er upgrade its systems and trades.
Malaysia uses a mixed economy so as to be able to incorporate both private business and the government. This has proved to be more effective for the country's economic gro…wth.
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