Malaysia is well endowed with natural resources such as tin, mine, rubber natural gas and so forth. Earlier on the World War 2, Malaysia used to the leading exporter of raw materials and importer of manufacturers. But during the Japanese Occupation, the export of primary product was being limited. Such situation led to large areas of rubber plantation was abandoned, closure of mines area. The latter automatically affected the shortage of spare parts for machinery. Malaysia’s economic has collapsed.

After 1945, British colonial rulers returned. They rebuild export and import economy, start over rubber plantation, mining industry and other industries which has been shut down through the Japan Occupation. Within 1948-1960, the British has been driven out. Malayan federation gained independence and Malayan People’s Republic was set up. It was 1957.

Since Malaysia independence in 1957, the economy grew at a rate of generally 7% per annum, a relatively esteem growth rate compared to other country Meanwhile, the economy has evolved from an agricultural-based to a manufacturing-based in the early stage of independence (1970-1980), again to a service-based at the later period (1990). Ultimately, at the eve of the new millennium, enter to the knowledge-based economy.

Within the last three decades, agricultural remained a primary sector in the economy, yet the manufacturing sector has appeared to be the most weighty to Malaysia since the implementation of the Pioneer Industries Ordinance in 1958.Malaysian government has opened the economy to inter-country trade, invites foreign investors, offer cost reductions and other commercial benefits to boost the economic growth. Certainly, the economics of Malaysia is expected to be more flourishing from now on. (Abdulai n.d.)