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

How to set up a Fintech in Malaysia

Michael Correa sheds light on the key opportunities in the Malaysia market for aspiring fintechs, according to the findings of the...

Malaysia building sector to see short-term weakness: report

But major transport infrastructure projects should give a boost in the longer term

Malaysian construction headed for a rebound: Report

The report cited as potential stimuli the Malaysian government’s return to infrastructure mega-projects that had been put on ice.

Narrow tax base could hamper M'sian fiscal consolidation: report

It could also limit the fiscal space to counter adverse economic shocks