You're absolutely right about that

How much does tourism and medicl tourism contribute to the GDP ofMsia ? Do we have the numbers ?

I think you're looking at this the wrong way. It is not a case of weak or strong currency = better, it is more a case of cause and effect. On the one hand you have a weak currency being one of the CAUSES why China is super competitive, combined with lower wages and standard of living, operating cost is cheaper despite exports of goods, therefore EFFECTING it's high growth. On the other hand, Japan's weak currency is an EFFECT of it's almost 0 inflation rate and 0% in gdp growth for the past decade, the cause of which is declining fertility rates and population growth.

Malaysia is currently facing something more like the Japanese problem but not exactly. The Chinese government PURPOSELY held down the currency, until the US government launched an investigation. But we are facing a fall in our currency due to a 'crisis of confidence'. No one trust our banks or government, so they RUN to safer currencies.

It doesn't matter if our semiconductor contributes to a 3rd of GDP or not. Unless you can tell me that it was 10% this year and GREW to 33% BECAUSE of a fall in currency, I don't really see the difference. I don't believe the growth in semiconductor manufacturing as a function of a GDP shows anything other than we have HISTORICALLY been a cheap producer.

If you want a good example of what is happening to Malaysia. Look at Russia over the last year, and it's currency. We look more like THAT than China. 

Why we want GDP growth?
Because we want to build up wealth, increase per capital income, increase purchasing power so that people are better well off across the nation and prosperous.

If the country need a weak currency to grow, indirectly means purchasing power is sacrificed,
which in the end of day, you have GDP growth but no increase in purchasing power, it is like a zero sum game already.

U have overlook on medical tourism industry 

Why we want GDP growth?
Because we want to build up wealth, increase per capital income, increase purchasing power so that people are better well off across the nation and prosperous.

If the country need a weak currency to grow, indirectly means purchasing power is sacrificed,
which in the end of day, you have GDP growth but no increase in purchasing power, it is like a zero sum game already.

I have no problems with anything u are saying. From an economics perspective ure mostly right.

But that isn't what's happening atm. It isn't a case of weak currency leads to increase growth in GDP. Now it's a case of a depreciating currency AND a reduction in GDP growth. So... Using your game theory terminology, it's more like a negative some game. In out payoff is negative no matter what hahahaha

I would call it everything negative for us now, don't know how to apply economics principles to wht that is happning to Msia. Corect in that point about us being in a 'negative sum game' now.     Crazy... everything drops.

About 15% based on the report.

http://www.wttc.org/-/media/files/reports/...alaysia2015.pdf

Except prices and taxes

lol. it was a joke.

If the currency is wek, the purchasing powr will be sacrificed ONLY IF the nation affected imports most of her everyday items. Othrwise, no. Thn this leads to personal inflation - if one uses mostly overseas items, thn his/her purcjasing power wil be affected.

1.00 USD  = 3.7966 MYR