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.
A V-shaped recovery may be no guarantee, one analyst said.
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...
The recovery of domestic tourism could also aid the hospitality and aviation sectors, said Maybank Kim Eng economists.
Malaysia could see a full-year recession in 2020, due to the economic fallout from the movement control order...