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.
Salaries in Malaysia rose by 5.1 per cent in 2019 and are expected to jump by 5.3 per cent in 2020, according to the Aon.
Spending on household goods is expected to hit 55.6 billion ringgit (S$18.1 billion) by 2023, according to Fitch Solutions research.
The recent advent of a circular economy highlights the importance of anaerobic digestion and biogas. Anaerobic digestion is a process where large...
MALAYSIA'S telecoms regulator is unlikely to support a government-led rollout of a wholesale mobile network, although it will be keen for...
Economists highlight those sectors as the ones that will receive a boost