Tham Siew Yean's Books

China in Malaysia

State-Business Relations and the New Order of Investment Flows

By: Edmund Terence Gomez,Siew Yean Tham,Ran Li,Kee Cheok Cheong

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China in Malaysia

State-Business Relations and the New Order of Investment Flows

By: Edmund Terence Gomez,Siew Yean Tham,Ran Li,Kee Cheok Cheong

This book examines state-state relations and new forms of state business relations that have emerged with an increase in China’s foreign direct investments in Malaysia. Focusing on investments in the industrial sector and through in-depth case studies, this book adopts a novel framework to analyse these different types of state-business relations. These new forms of state-business relations are created from the different modes of negotiations between different key actors in each of the cases. Diverse outcomes were found, reflecting the disparate forms of power relationships and state cohesiveness with unique institutional architectures formed in each case. The book identifies a major shift in structural power in these new forms of state-business relations as China’s large multinational state-owned enterprises increasingly invest in Malaysia. A well-constructed institutional architecture is needed, not just in Malaysia but for other Southeast Asian countries, if foreign investments are to be harnessed to promote effective industrial development.

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Page Count

116

Publisher

Springer Nature

Published Date

ISBN 10

9811553335

ISBN 13

9789811553332

Asian Development Review

Volume 28, Number 2, 2011

By: Sir James Mirrlees,Robert E. Lipsey,Fredrik Sjöholm,Jianxin Wang,Matthieu Clément,Tham Siew Yean,Loke Wai Heng,Bhanupong Nidhiprabha,Yoo-Duk Kang

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Asian Development Review

Volume 28, Number 2, 2011

By: Sir James Mirrlees,Robert E. Lipsey,Fredrik Sjöholm,Jianxin Wang,Matthieu Clément,Tham Siew Yean,Loke Wai Heng,Bhanupong Nidhiprabha,Yoo-Duk Kang

The Asian Development Review is a professional journal for disseminating the results of economic and development research carried out by staff and resource persons of the Asian Development Bank (ADB). The Review seeks high-quality papers with relevance to policy issues and operational matters done in an empirically-rigorous way. Articles are intended for readership among economists and social scientists in government, private sector, academia, and international organizations. In this issue---ADB Distinguished Speakers Program: Poverty and Redistribution in Emerging Economies; South-South FDI and Development in East Asia; Forecasting Volatility in Asian Stock Markets: Contributions of Local, Regional, and Global Factors; Remittances and Household Expenditure Patterns in Tajikistan: A Propensity Score Matching Analysis; Industrial Deepening in Malaysia: Policy Lessons for Developing Countries; The Global Financial Crisis and Resilience of the Thai Banking Sector; Does East Asian Integration Keep Up with the European Pattern? Empirical Evidence from Intra-Industry Trade in Europe and East Asia.

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Page Count

333

Publisher

Asian Development Bank

Published Date

ISBN 10

9290925140

ISBN 13

9789290925149

Accidental and Intentional Exporters

Comparing Indonesian and Malaysian MSMEs

By: Tham Siew Yean,Tulus Tambunan

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Accidental and Intentional Exporters

Comparing Indonesian and Malaysian MSMEs

By: Tham Siew Yean,Tulus Tambunan

Regardless of the size of the domestic economy, there are ample reasons for firms to extend their markets beyond home shores. These include increasing sales, improving profits, diversifying risks, reaping economies of scale, matching the moves of competitors, enhancing competitiveness or accessing government incentives. Both Indonesia and Malaysia seek to enhance the competitiveness of their micro, small and medium enterprises (MSMEs) by including internationalization goals in their respective national development plans for these enterprises. Findings from fourteen case studies in the two countries indicate that exporting may be a serendipitous discovery, as few of these cases were born global in intent. Shifting to intentional exporting will require entrepreneurs to tap into government and/or private networks and thus connect with international buyers. Indonesian MSMEs are more inclined to depend more on government than private networks as they perceive the former to be more credible. Malaysian cases indicate some firms prefer private to government networks. This is attributed to the differences in the political economy of the two countries. Going forward, both countries need to consolidate their government-run programmes and reduce the fiscal burden. MSMEs should tap more into private networks to bridge the information gap that hinders their access to external markets. ASEAN can facilitate the entry of MSMEs into the ASEAN market by implementing resolutely current plans to reduce technical barriers to trade.

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ISEAS-Yusof Ishak Institute

Published Date

ISBN 10

9814818313

ISBN 13

9789814818315

Exploring the Trade Potential of the DFTZ for Malaysian SMEs

By: Tham Siew Yean,Andrew Kam Jia Yi

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Exploring the Trade Potential of the DFTZ for Malaysian SMEs

By: Tham Siew Yean,Andrew Kam Jia Yi

Malaysia established the Digital Free Trade Zone (DFTZ) to facilitate the development of e-commerce and the country’s small and medium enterprises’ (SMEs’) exports. The data revealed thus far indicates an increasing number of SMEs coming on board the DFTZ e-commerce platforms. The publicly disclosed data focus on the value of exports achieved but do not show whether these are from new or existing exporters or whether they are re-exports. They also do not highlight Malaysia’s imports through the zone. The overall trend signals that Malaysia is losing its bilateral revealed comparative advantage in exports to China, as well as an increasing use of imports for exporting to China. While the DFTZ facilitates both exports and imports, differing standards and customs processes in different export destinations, including China, will require Malaysian SMEs to know and understand the standards and customs processes governing imports in each export destination involved. Imports are also encouraged by the de minimis rule, which allows duty- and tax-free imports of up to RM800 into Malaysia. Overall, imports can help enhance the competitiveness of Malaysian SMEs, expand choices for Malaysian consumers, as well as facilitate re-exports. A clearer understanding of the role of DFTZ in facilitating trade will require more detailed data collection, and a closer investigation of the imports going through the zone, and their uses.

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ISEAS-Yusof Ishak Institute

Published Date

ISBN 10

9814843431

ISBN 13

9789814843430

E-commerce for Malaysian SMEs in Selected Services

Barriers and Benefits

By: Tham Siew Yean,Andrew Kam Jia Yi

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E-commerce for Malaysian SMEs in Selected Services

Barriers and Benefits

By: Tham Siew Yean,Andrew Kam Jia Yi

Findings from a recent survey done to identify the barriers and benefits of e-commerce for Malaysian SMEs in the retail and food and beverage services indicate that both e-commerce adopters and non-adopters are similar in that they perceive the CEO or decision-maker to be the most important factor in the adoption of e-commerce. The relative importance of the other three main factors (namely, organizational, technological and environmental) differ for adopters and non-adopters. Likewise, there are also differences in response based on firm size. Based on the survey findings, Malaysia needs to shift from one-size-fits-all strategies to a more nuanced policy response that addresses the differences in perceived barriers of adopters and non-adopters and which is also cognizant of firm size. Grant recipients are more concerned about technological and environmental factors, indicating that grants need henceforth to be accompanied by appropriate policies that address these two barriers. The perceived benefits focus more on the domestic market than on exports. Getting firms to invest in e-commerce does not automatically lead to export. Exporting via e-commerce requires complementary policies that focus on specific issues, such as digital marketing at the targeted export destination.

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ISEAS-Yusof Ishak Institute

Published Date

ISBN 10

9814881392

ISBN 13

9789814881395

Logistics Development in ASEAN

Complex Challenges Ahead

By: Tham Siew Yean,Sanchita Basu Das

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Logistics Development in ASEAN

Complex Challenges Ahead

By: Tham Siew Yean,Sanchita Basu Das

Growing urbanization, increasing trade and investment due to integration, and emerging new business models like e-commerce are accelerating the demand for efficient logistics in each ASEAN country. The logistics sector is inherently complex due to its scope, ranging from physical infrastructure covering four modes of transport, customs, and services. Each of these sub-sectors is regulated by different government agencies, leading to complex challenges in each country’s logistics sector. Policymaking has a tendency to be done piecemeal rather than integratively, while a more or less fragmented governance structure impedes implementation. ASEAN liberalization commitments focusses on raising the cap on foreign equity, while regulatory reform remains untouched. Also, flexibility offered in these commitments allows for non-compliance. Going forward, developing seamless logistics requires ASEAN countries to first overcome their domestic challenges. Each country needs to develop comprehensive plans, and effective implementation of these is essential. Liberalization commitments should complement domestic reforms in each country.

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