|Home :: Trade Leads By Country : Malaysia|
Malaysia Truly Asia yes Folks thats what most of us know Malaysia as and definitely everyone at some point or the other likes to travel to such destinations like Malayisa and enjoy the most of it.It is a country of contrasts, bathed in the warm tropical sun, endowed with 3,000 kilometers of coastline and the golden hue that is spread by the sun on the golden beach is the amazing site that no one would want to miss at any point in time.It has several historic cities, a unique cultural mix, a string of cool hill resorts, the worlds oldest rainforest-and even Southeast Asias highest mountain. Add to this a delightful fusion.
Business and Economy
The country like all countries who are in the phase of development has also had its share of ups and downs and is no exception to it.It was hit hard by the East Asian financial crisis of 1997 - not as hard as its neighbours Indonesia and Thailand, but it was a traumatic experience for a country like this which has growin reputation that is catching on very fast and in a way that is quite astonishing to all the neighbouring countries and also the influential ones too. The economy had been growing at 8% or more for several years. But the year after the crisis, 1998, it shrank by almost as much. Spending by businesses and consumers in Malaysia fell even more precipitously - by a quarter. However its still catching up.
The major cities of malaysia are Johor Kedah Kelantan Labuan Melaka Negeri Sembilan Pahang Perak) Perlis Pulau Pinang Sabah Sarawak Selangor Terengganu Wilayah Persekutuan.
Population: 23,953,136 (July 2005 est.)
Capital: Kuala lampur
Religions: Muslim, Buddhist, Daoist, Hindu, Christian, Sikh; note - in addition, Shamanism is practiced in East Malaysia
Languages: Bahasa Melayu (official), English, Chinese dialects (Cantonese, Mandarin, Hokkien, Hakka, Hainan, Foochow), Tamil, Telugu, Malayalam, Panjabi, Thai
GDP (purchasing power parity): $229.3 billion (2005 est.)
GDP - real growth rate: 7.1% (2005 est.)
GDP - per capita: purchasing power parity - $9,700 (2005 est.)
GDP - composition by sector: agriculture: 7.2%
services: 59.1% (2005 est.)
Labor force: 10.49 million (2005 est.)