CURRENT MALAYSIA ECONOMY Malaysia was once a producer of raw materials. Malaysia then transformed and emerged into a multi-sector economy. Malaysia had few strategies to add value to the production chain. Such strategies are, for example, attracting investments in Islamic finance, high-tech industries, biotechnology and services. The government has made many efforts to increase domestic demand so as to reduce the economy's dependence solely on exports. Malaysia's exports include electronic products, gas, oil, palm oil and the list goes on. These exports are the main and significant driver of the Malaysian economy. As an oil and gas exporter, Malaysia profits from rising global energy prices. The Malaysian government is also trying to reduce its dependence on Petronas. The oil and gas industry in Malaysia contributed 35% to the government revenue in 2011. During the 2010 budget, our Prime Minister launched the new policy which is the National Transformation Policy (NTP) to replace the previous, National Vision Policy (NVP). ). NVP has previously assimilated the key strategies of the past aimed at demolishing poverty, regardless of what race you belong to, restructuring society and continuing with balanced development. Meanwhile, NTP comprises two programs: the Government Transformation Program (GTP) and the Economic Transformation Program (ETP). The GTP's goal is to transform Malaysia into a developed, high-income country by 2020. The GTP is primarily to maintain public virtue. It has been practiced so as to improvise public services, regardless of race and ethnicity. On the other hand, the ETP is aimed at transforming Malaysia's economy. The goal of the ETP is to level the national income by accelerating the... middle of paper... Based on the results, I think the current Malaysia is at a good level. More steps or policies should be introduced so as to improvise and also develop our economic growth. The goals of full employment, stability and economic growth are very significant in the growth of the economy. Malaysia should work more on each goal so as to improve the well-being of society. For example, more employment is better than less, stable commodity prices are better than inflation, and economic growth is better than stagnation. REFERENCES1. GDP per capita of Malaysia. Commercial economics. Form retrieved http://www.tradingeconomics.com/malaysia/gdp-per-capita2. Economic indicators of Malaysia. Commercial economics. Retrieved from http://www.tradingeconomics.com/malaysia/indicators3. Malaysia Economic Profile 2013. Retrieved from http://www.indexmundi.com/malaysia/economy_profile.html