Malaysia

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Malaysia is the fourth-largest economy in Southeast Asia. Traditionally known as one of the top exporters of natural rubber and palm oil, the resource-rich nation has successfully diversified its economy to include manufacturing, services and tourism.

MAIN LANGUAGES

Bahasa Malaysia (official)

English

Chinese dialects

Tamil

POPULATION

31.2 million (2016)

LAND AREA

330,803 km²

CAPITAL

Kuala Lumpur

CURRENCY

Malaysian Ringgit (MYR)

GDP PER CAPITA ( in US$, adjusted for purchasing power parity )

28,870 (International Monetary Fund)

TIME ZONE

GMT +8

EASE OF DOING BUSINESS

Ranked 24 out of 190 economies (World Bank Doing Business 2018)

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Malaysian Investment Development Authority (MIDA) is the government agency responsible for the promotion of Malaysia's manufacturing and services sectors. Services provided include sharing information on investment opportunities in Malaysia and facilitating joint venture partnerships.

www.mida.gov.my | (603) 2267 3633 | investmalaysia@mida.gov.my 

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LATEST UPDATES

Malaysia by-election losses raise risk of reactive fiscal policy

There is a rising risk of more reactive fiscal policy in the run-up to the Sandakan by-election in Sabah, Malaysia, resulting in more subsidy...

Latest figures support expectations of Malaysia slowdown

Economists see the possibility of a rate cut ahead

Malaysian SMEs to get more private support in Industry 4.0

SMALL and medium-sized enterprises (SMEs) in Malaysia could get more American private-sector support for a national “Industry 4.0” drive.

Malaysia investment approvals up with manufacturing boost

The country has benefited from US-China trade tensions, says UOB economist

China demand for palm oil to pick up: analysts

Stockpile stayed stagnant in February but may lessen in coming months

Employers in Malaysia may feel the pinch with higher minimum wage kicking in next year

The Prime Minister's Office has announced that, from 1 January 2019, the Malaysian Government will implement a standardised new minimum wage...