The Land of Enchantment and Cultural Diversity
Malaysia is a country in Southeast Asia. A federal constitutional monarchy consists of thirteen states and three federal territories, separated by the South China Sea into two regions, Peninsular Malaysia and Borneo’s East Malaysia. Peninsular Malaysia shares a land and maritime border with Thailand and maritime borders with Singapore, Vietnam, and Indonesia. East Malaysia shares land and maritime borders with Brunei and Indonesia and a maritime border with the Philippines and Vietnam.
Kuala Lumpur is the national capital and largest city while Putrajaya is the seat of the federal government. with a land area of 329,613 km2 (127,264 sq mi) and a population of over 32 million, Malaysia is the world’s 43th-most populous country. The southernmost point of continental Eurasia is in Tanjung Piai. In the tropics, Malaysia is one of 17 megadiverse countries, home to some endemic species.
Source: Wikipedia
Economy
The economy of Malaysia is the third-largest in Southeast Asia, after Indonesia, Thailand, and is the 35th largest economy in the world. Labour productivity in Malaysia is significantly higher than in neighboring Thailand, Indonesia, Philippines, or Vietnam due to a high density of knowledge-based industries and the adoption of cutting edge technology for manufacturing and the digital economy. According to the Global Competitiveness Report 2019, the Malaysian economy is the 27th most competitive country in the world.
Source: Wikipedia
In the fourth quarter of 2019, the Gross Domestic Product (GDP) of Malaysia grew 3.6 percent from 4.4 percent in the previous quarter. On the production side, the performance was anchored by Services, Manufacturing, and Construction. Nevertheless, Mining & quarrying and Agriculture sectors decreased in this quarter. On the expenditure side, the expansion in Private final consumption expenditure was supported by the higher consumption of Food & non-alcoholic beverages, Restaurants & Hotels, and Transport. Meanwhile, Gross fixed capital formation registered an improved negative. The overall year 2019, Malaysia’s economy registered a growth of 4.3 percent (2018: 4.7%) with a value of RM1.42 trillion at constant prices and RM1.51 trillion at current prices.
Malaysia’s export of goods in the fourth quarter of 2019 registered a decline of 3.3 percent to RM257.9 billion compared to RM266.8 billion in the same period last year. The main products that contributed to the fall were electrical & electronic products and liquefied natural gas which declined by 6.5 percent and 25.2 percent respectively.
Source: Department of Statistics Malaysia
Tourism
Malaysia was once ranked 9th in the world for tourist arrivals. The Travel and Tourism Competitiveness Report 2017 ranks Malaysia 25th out of 141 countries overall.
To diversify the economy and make Malaysia’s economy less dependent on exports, the government pushed to increase tourism in Malaysia. As a result, tourism has become Malaysia’s third-largest source of foreign exchange income and accounted for 7% of Malaysia’s economy as of 2005.
Malaysia is a multicultural country with much to offer visitors regardless of their budget or what their idea of fun might be. Kuala Lumpur, the country’s capital, is a cosmopolitan city with amazing shopping and stunning architecture—within blocks, you’ll find both the ultramodern Petronas Towers and several colonial palaces and buildings.
Major tourist attractions in Malaysia are Petronas Twin Towers Kuala Lumpur, Batu Caves Selangor, Mount Kinabalu Sabah, Perhentian Islands, Sipadan and Penang Islands, Gunung Mulu National Park Sarawak, Penang Hill, Sepilok Orangutan Rehabilitation Center Sandakan, Kek Lok Si Temple George Town, Langkawi Island, Cameron Highlands, Genting Highlands and so many other places of interest that can be viewed on the official Malaysia Tourism website.
Aviation and Airports
Malaysia has a network of domestic and international modern and fully equipped airports. Airports in Malaysia have world-class facilities and capacity that can accommodate the needs of additional passengers and airline local and international operations.
Main airports in Malaysia:
Kuala Lumpur International Airport KUL/WMKK
Sultan Abdul Aziz Shah Airport SZB/WMSA
Penang Bayan Lepas International Airport PEN/WMKP
Johor Bahru Senai International Airport JHB/WMKJ
Kota Kinabalu International Airport BKI/WBKK
Kuching International Airport KCH/WBGG
Langkawi International Airport LGK/WMKL
Sibu Airport SBW/WBGS
Miri Airport MYY/WBGR
Bintulu Airport BTU/WBGB
Sandakan Airport SDK/WBKS
Kerteh Airport KTE/WMKE
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