AFTA and Malaysian Economic

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Introduction Malaysia is a member of the Association of South East Asian Nations (ASEAN) and represents one of the biggest automobile markets in the region. Before the beginning of the economic crisis in 1997, Thailand was the largest automotive market within the ten-nation ASEAN, followed by Indonesia, Malaysia, and then the Philippines. But the situation has changed in 1997 and 1998, where Malaysia became the largest vehicle market, followed by Thailand, the Philippines and Indonesia. The automotive sector …

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…http://www.kpmg.co.uk/kpmg/uk/image/momentum.pdf, (25th August, 2003) 12) NCCIBD, Asean Free Trade Area, (online) http://www.nccibd.com/AFTA/Intro.html, (26th August, 2003) 13) New Straits Times (May, 2000), Collaboration Vital for Proton's Future, (online) http://www.mier.org.my/mierscope/param27_5_2000.pdf , (26th August, 2003) 14) OVUM, (September, 2002) Car industry must stream to the finish line or be left out of the race, (online) http://www.ovum.co.uk/go/content/015159.htm, (26th August, 2003)