Appendix A Country Data 1. Profile -- Population: 19.05 million (1993); 19.5 million (1994) (World Bank projection) -- Population Growth Rate: 2.3% per annum (World Bank World Development Report 1992 estimate for 1990 - 2000) -- Religion: Islam (the official religion and that of most of the Malay population, about 60% of the national total); Buddhist, Confucian, Taoist (much of the Chinese population, about 30% of the national total); Hindu (much of the Indian population, about 10% of the national total); Christian (about 3%). -- Government System: Constitutional monarchy with a parliamentary structure, with executive power vested in a Prime Minister. UMNO, the United Malays National Organization, has held dominant power since independence in 1957, in coalition with smaller Chinese and Indian parties. -- Languages: Bahasa Malaysia is the national language. However, English is widely understood and used in business. Chinese and Indian languages are used within their respective communities. -- Work Week: Government and most businesses: Monday - Thursday: 8:00 a.m. - 12:45 p.m. 2:00 p.m. - 4:15 p.m. Friday: 8:00 a.m. - 12:15 p.m. 2:45 p.m. - 4:15 p.m. Saturday 8:00 a.m. - 12:45 p.m. In Kelantan, Terengganu, Johor, Perlis and Kedah States: Saturday - Wednesday: 8:00 a.m. - 12:45 p.m. 2:00 p.m. - 4:15 p.m. Thursday: 8:00 a.m. - 12:45 p.m. U.S. Embassy: Monday - Friday: 7:45 a.m. - 4:30 p.m. 2. Domestic Economy 1993 1994 1995 -- GDP: (US$millions) 61.444 66,360 71,668 -- Growth Rate (%) 8.5 8 8 -- GDP per capita:(US$) 3234 3418 3613 -- Govt. spending 24.6 24 24 as % of GDP -- Inflation (%) 3.6 4 4 -- Unemployment (%) 3.0 3 3 -- Foreign Exchange Reserves (US$millions) 22,179 22,000 22,000 -- Avg. Exchange Rate for 1 USD 2.57 2.6 2.6 -- Foreign Debt (US$millions) 18,363 19,000 19,000 -- Debt Service Ratio (%) 5.2 5 5 -- US economic/ military assistance 0.3 0.3 0.3 3. Trade OVERALL: (US $ millions) 1993 1994 1995 1996 -- Total Malaysian Exports 43,778 47,280 51,063 55,148 -- Total Malaysian Imports 40,521 43,763 47,264 51,045 -- U.S. Exports to Malaysia 6,065 6550 7074 7640 -- U.S. Imports from Malaysia 10,568 11,413 12,327 13,313 -- U.S. Share of Malaysian 18.8 18.8 18.8 18.8 Imports (%) IMPORTS OF MANUFACTURED GOODS: (US $ millions) 1993 1994 1995 1996 -- Total Malaysian Imports 38,742 41,841 45,189 48,804 of Manuftd Goods -- Imports of Manuftd 7210 7787 8410 9083 Goods from U.S. -- U.S. Share (%) 18.6 18.6 18.6 18.6 -- Manuftd Goods Trade 1804 1948 2104 2272 Balance with U.S. -- Proj. Avg. Growth Rate 8 8 8 8 from World Through 1996(%) -- Proj. Avg. Growth Rate 8 8 8 8 from U.S. Through 1996(%) IMPORTS OF AGRICULTURAL GOODS (US $ millions) 1993 1994 1995 1996 --Total Imports of Agricultural Goods 2,994 3234 3492 3771 -- Imports of Agricultural Goods from U.S. 251 271 292 315 -- U.S. Share (%) 8.4 8.4 8.4 8.4 -- Agricultural Goods Trade Balance with U.S. 374 404 437 472 MALAYSIAN TRADE BALANCE WITH THREE LEADING PARTNERS IN 1993 (US $ millions) 1. Japan -6,347 2. Singapore 3,239 3. US 1,838 PRINCIPAL U.S. EXPORTS TO MALAYSIA, 1993 1. Group 776, Thermionic valves and tubes, integrated circuits and parts, valued at US $2,278 million. 2. Group 792, Aircraft and associated equipment, spacecraft and parts thereof, valued at $1,619 million. 3. Group 764, Telecommunications equipment, parts and accessories, valued at US $288 million. 4. Group 641, Heating and cooling equipment and parts thereof, valued at US $133 million. 5. Group 642, Paper and paperboard, valued at US $123 million. PRINCIPAL U.S. IMPORTS FROM MALAYSIA, 1993 1. Group 776, Thermionic valves and tubes, integrated circuits and parts, valued at US $2,653 million. 2.Group 762, Radio broadcast receivers, valued at US $800 million. 3.Group 763, Sound recorders or reproducers, valued at US $710 million. 4. Group 759, Parts and accessories for office machines, valued at US $668 million. 5. Group 764, Telecommunications equipment, parts and accessories, valued at US $582 million. 4. Investment Table One: Sources of Investment in Malaysia: (US $ millions; shares in percent) Country 1990 1991 1992 1993 U.S. 210 633 1,294 644 Japan 1,561 1,159 1,053 581 Taiwan 2,349 1,303 588 331 Singapore 173 191 Hong Kong 31 35 Korea 241 613 39 37 Indonesia 401 453 188 68 Other 1,770 1,698 3,603 339 TOTAL 6,532 5,859 6,969 2,226 US Share 3 11 18.8 28.9 Foreign 6,532 5,859 6,969 2,226 Domestic 3,905 4,470 3,922 2,688 Foreign Share 63 57 64 45 Source: Malaysian Industrial Development Authority (MIDA) Table Two: Foreign Investment by Sector: (US $ Million) Sector 1990 1991 1992 1993 Food Mfg. 121 134 85 154 Textile 324 145 454 152 Paper, Print 138 59 13 45 Chemicals 640 720 518 653 Petroleum 1,002 942 3,924 0 Rubber Products 20 56 159 27 Non-Metal 67 680 131 30 Basic Metal 1,682 1,232 304 277 Mfg'd Metal 113 614 38 30 Electronics 1,398 749 375 663 Transport 104 75 31 118 Other 924 491 398 77 TOTAL 6,532 5,859 6,969 2,226 Source: Malaysian Industrial Development Authority (MIDA) Table Three: Malaysian Investment Abroad (US $ Millions) Country 1989 1990 1991 ** China (PRC) - - - Hong Kong 42 - 4 Indonesia 5 44 - Japan - 136 NA Papua New Guinea 10 11 2 Philippines - 28 - Puerto Rico - 10 - Singapore 34 16 11 Thailand - 1,121 NA U.K. - 20 - U.S. - 2 - Other 50 797 13 TOTAL 141 2,187 30 ** Jan-May, 1991 Source: Bank Negara (central bank), March, 1992