New Market Research Report: Malaysia Defence & Security Report Q3 2014

From: Fast Market Research, Inc.
Published: Tue Jul 29 2014


Malaysia has enjoyed a relatively stable post-election period; a sweeping victory for Prime Minister Najib Razak's political allies within the United Malays National Organisation (UMNO) following the latest party election suggests that we could see further progress on fiscal reforms in 2014. This should help cement internal stability. Externally, the country faces tensions over China's activities and territorial disputes in the South China Sea region; some Islamist groups are also operating in Malaysia and neighbouring states. While Malaysia has undergone recently military build-up on the back of the South China Sea conflict, overall defence spending and procurement has been relatively static, with the 2014 budget seeing a cut in money available for military development.

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Malaysia's regional security situation also remains generally benign; the country is also enjoying a burgeoning defence relationship with the United States. A January 2014 meeting in Washington between the country's two defence ministers should likely result in more joint-forces exercises.

The Washington meeting in January this year may go some way to resolving the fallout from US President Barack Obama 's failure to travel to South East Asia in October 2013 on what should have been a four-nation tour kicking off with a state visit to Malaysia. Obama pledged that he would still visit Malaysia during his presidency. While it can hardly be claimed that Obama's failure to come to the region has fatally damaged the US strategic 'pivot' to Asia, his signature foreign policy, it certainly has weakened the US's image as a country that can get things done in the region vis-a-vis China. The full implications of this for Malaysia and the region could take some time to emerge, however, and the US continues to stress its commitment to the Asia-Pacific despite political gridlock at home.

Malaysia's relations with neighbours Thailand, Singapore and Indonesia are cordial, and China's territorial disputes with...

The Malaysia Defence & Security Report features Business Monitor International (BMI)'s independent forecasts for national and international security, the defence industry, military expenditure, employment in arms production, and arms imports and exports, as well as examining industry trends and prospects, national and multinational arms producers and the regulatory environment.

BMI's Malaysia Defence & Security Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Malaysian defence and security industry.

Key Benefits

* Benchmark BMI's independent defence and security industry forecasts on Malaysia to test other views - a key input for successful budgetary and strategic business planning in the Malaysian defence and security market.

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