Yee Lee Corporation Bhd group (YLC) is a holding company which is the edible oil repacker in Malaysia in 1968.Through its subsidiaries, it operates in four segments which are manufacturing, plantation, trading and others which related to tourism services and investment holding. YLC not only manufactures cooking oils and also as a marketing and distribution company which helps to do marketing on beverages and distributing to customers. Its direct subsidiaries are Yee Lee Trading Co.Sdn.Bhd., Y...
We believe that if men have the talent to invent new machines that put man out of work, they have the talent to put those back to work. John F. Kennedy (1917-1963) Unemployment is a very sensitive topic that rattles the government's brain on how to create new jobs and keep the economy afloat. When you examine the circular flow model, the household plays a major role in the function and flow of the chart. Unemployment effects everyone; not just the person who lost his or her job. If consumers ...
Term emerging markets refer to as countries which are phase between developing countries just which are industrialized and developed countries. Emerging market consists of Brazil, Russia, India and China (Pearson). Growth of these countries is very high and people expectation towards the goods is increased. People's purchasing power is more than previous; is because of the higher income and education. People use high branded quality product and more Information systems. These things attract t...
Leather industry, including leather products, is the second largest export-earning sector after textiles. Currently, this sector is contributing around $800 million a year but has the potential to multiply volume of exports with the improvement of quality and diversification in different range of products, specially garments and footwear. The exports are also carried out in un-tanned raw leather due to the quality and amount of livestock available in Pakistan. It is a job-oriented sector prov...
Helen FergusonEconomic Perspectives 1) According to Malthus, economic growth leads directly to population growth, and the latter tends to be more rapid that the former. Malthus' principle appears to have held for the pre-industrial world for millennia. However, the industrialising capitalist countries of Europe experienced low population growth rates during the 20th century, in spite of their high economic growth rates. Why did the principle fail to apply in this case? Thomas Malthus was a Br...
Financial liberalization is a most controversial subject of Indian politics and financial sector. "Financial Liberalization is a process in which allocation resources is determined by market forces rather than the state"-(Kavaljit singh 2007).Foreign banks have been operating in India last 140 year. Since 1991, the Government of India cleared the entry of foreign bank . Before 1991, 27 public sector banks were controlled about 90%of all deposit, asset and Credit, in India. In 1994 brought an ...
This article mainly deals with how productivity of the buyer and seller determines the Economic development in a less developed country. Transaction of marketing mainly includes reaching the wants and resources of a buyer and which is offered by the seller. In the process of marketing transaction the buyer and the seller helps in letting the outputs under the course of exchange. "Output: Input = Productivity." The article consists of relationship between productivity and the line of communica...
Tourism is becoming the second important sector in Malaysia. Consequently, government of Malaysia have been putting in effort to promote the country's tourism to others country in order to improve the number of tourist arrive in Malaysia throughout the year. Malaysia has quite a number of tourist sports and ministry of tourism Malaysia YB. Dato' SriDr. Ng Yen Yen has implemented four new Malaysia tourism project. In the sport tourism, government has put our campaign to promote Malaysia as the...
A monopoly exists when a specific person or enterprise is the only supplier of a particular commodity . The verb "monopolize" refers to the process by which a company gains the ability to raise prices or exclude competitorsAlthough monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry. Monopolies are thus characterized by a lack of economic competition to produce the good or service and a lac...
Introduction Malaysia is a growing and relatively open economy. Three years ago, the economy of Malaysia was the 29th largest economy in the world by purchasing power parity with gross domestic product for 2007 estimated to be $357.9 billion (World Bank, 2007). For instance, Malaysia has a consistent record of economic growth in GDP over the period 1970-2005, averaging an annual rate of about 7 per cent. Because of its open economy, externalities have had a major impact from time to time incl...
