WHY MALAYSIA

Economy in Brief


 

   
Total Area 330,000 square kilometres (127,000 square miles)
Political Structure A federation with 13 states (11 in peninsular Malaysia and 2 in Malaysian Borneo) and 3 federal territories. As a federation, the governance of the country is divided between the federal and the state governments
System of Government Parliamentary democracy with a constitutional monarch
Head of State DYMM Tuanku Abdul Halim Mu'adzam Shah ibni Sultan Badlishah
Prime Minister YAB Dato' Sri Mohd Najib Bin Tun Hj Abd Razak
Population 29.34 million (2012)*
Major Ethnic Groups Malays, Chinese, Indian, Kadazans, Ibans
Major Languages Bahasa Malaysia (official language), English, Mandarin, Tamil
Major Religions Islam, Buddhism, Christianity, Hinduism
Time GMT +8 hours
US Eastern Standard Time +13 hours
Climate Tropical - warm an sunny throughout the year.
Daily temperatures range from 33°C (90°F) in the afternoon to 22°C (70°F) during the night.
Currency Ringgit Malaysia (RM) which is divided into 100 sen.
Exchange Rate The ringgit exchange rate operates on a managed-float regime against a trade-weighted basket of currencies.

Sources: Malaysian Economy in Figures 2010 (Economic Planning Unit), Social Statistics Bulletin Malaysia 2009 (Department of Statistics)


 


 

 

Malaysian Real Estate
Economy in Brief
Market in Brief
Living in Malaysia
Economy Plans & Policies