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.
Bahasa Malaysia (official)
31.2 million (2016)
Malaysian Ringgit (MYR)
GDP PER CAPITA ( in US$, adjusted for purchasing power parity )
28,870 (International Monetary Fund)
EASE OF DOING BUSINESS
Ranked 24 out of 190 economies (World Bank Doing Business 2018)
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.
SMALL and medium-sized enterprises (SMEs) in Malaysia could get more American private-sector support for a national “Industry 4.0” drive.
The country has benefited from US-China trade tensions, says UOB economist
Stockpile stayed stagnant in February but may lessen in coming months
The Prime Minister's Office has announced that, from 1 January 2019, the Malaysian Government will implement a standardised new minimum wage...
With Q4 growth beating forecasts, economists see the overnight policy rate staying on hold in 2019