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

Sukuk issuance set for 5% decline after 4 years of growth: report

Regardless, Moody's is expecting rapid growth in sukuk issuance over the the longer term

Malaysia's approved investments in 2020 likely to halve from 2019: UOB

Approved investments fell 34 per cent year on year in the first quarter, amid the Covid-19 pandemic

Malaysian gaming unlikely to bounce back fully in 2021: Report

A V-shaped recovery may be no guarantee, one analyst said.

Digital habits on the rise in Southeast Asia as the new normal approaches: Mastercard study

EVEN as countries in the region start to ease restrictions and prepare for a "new normal", Mastercard Impact Studies says some of the trends and...

Post-Covid activity recovering in Vietnam, Thailand, Malaysia

The recovery of domestic tourism could also aid the hospitality and aviation sectors, said Maybank Kim Eng economists.