rank of World Bank’s Ease of Doing Business Index (2017).
ABOUT
Southeast Asia’s second wealthiest country after Singapore, Malaysia has high-quality infrastructure, plentiful resources and a strong technology production sector. The country offers a range of strong incentives to entire expatriates and retirees, but also suffers from an ongoing “brain drain” as skilled workers from its ethnic minority communities seek opportunities elsewhere.
QUICK FACTS
of the world’s examination and surgical gloves are produced in the country.
PROS CONS
+ Strong education and English skills
+ Open economy and pro-business government
+ High-quality infrastructure
– Oil & gas-dependent economy
– Public sector inefficiencies
– Ethnic politics
TOP EXPORTS
Electrical and electronic equipment
Mineral Products
Oils (mostly palm oil)
Plastics and rubber
Metals
Machinery
MALAYSIA INSIGHTS
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A new push for modified TPP?
Ministers from 11 TPP countries (without representatives from the US) met on the 21st of May in Hanoi to discuss possible next steps. The...
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ASEAN’s Strong Growth to Continue in 2017
Compared to the end of 2016, the beginning of this year, economists of major ASEAN countries revised their growth forecasts for 2017 with...
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EU And ASEAN To Resume Negotiations On A Bilateral FTA
Ten years ago, the European Union (EU) and the Association of Southeast Asian Nations (ASEAN) started the talks for a Free Trade Agreement...
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Myanmar – A Green Field In The Center Of ASEAN
Myanmar is one of the least developed countries in Asia with both unique opportunities and considerable obstacles for foreign investors. It...
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