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.
And, despite the drop in contract awards, the recovery in rig and vessel charter rates is still strong.
The National Automotive Policy will bring a roadmap for the automotive sector for the next decade amid "tepid sales" expected for 2020.
While the growth vision continues a decades-long emphasis to elevate tech and skills, Malaysia's conditions call for a more comprehensive...
Malaysia’s total card payments value is projected to increase from US$50.4 billion in 2019 to US$81 billion in 2023, as the country makes steady...
A full three quarters Asia Pacific-based business leaders surveyed describe themselves as being disrupted, rather than a disruptor, amid...