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

HSR project suspension, Malaysia to reimburse Singapore S$15 million

SINGAPORE and Malaysia have agreed to suspend construction of the Kuala Lumpur-Singapore High Speed Rail (HSR) project until May 31, 2020, with...

Foreigners can buy property, but will not be issued residential visas: Mahathir

[KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad said on Tuesday foreigners can buy residential units at Johor’s controversial Forest City...

Singapore and Malaysia rail projects decision out soon: Khaw Boon Wan

SINGAPORE and Malaysia should be able to announce their joint decisions on the RTS and HSR soon, said Khaw Boon Wan, Singapore's Coordinating...

Malaysia joins property clampdown around the world with foreign buyer ban

[SYDNEY] Hanging a "foreigners not welcome" sign on a giant real estate development, Malaysia's prime minister this week appeared to...

Mahathir cancels China-backed projects worth US$22b to reduce national debt

MALAYSIAN Prime Minister Mahathir Mohamad confirmed during a visit to Beijing on Tuesday that three China-backed projects totalling US$22 billion...