Malaysian Business

Malaysia is a vibrant place to visit, and an interesting location for up-and-coming business ventures.  As part of the growing ASEAN market, it offers a wealth of resources and products for import and export.  Malaysia’s capital is Kuala Lumpur and their government is a Federal constitutional monarchy.

The ethnic makeup in Malaysia makes it a very interesting and complex location.  It is 50% Malay, 23% Chinese, 11% Indigenous, 7% Indian and 7% other.  The labor force is 50% in the services, 36% industry, and 13% agriculture.  As recent as 2006, the export and import growth figures were quite impressive.  In that year, the export growth was almost 17%, while the import growth was 25%.  In the third quarter of 2009, the unemployment rate in Malaysia was as low as 3.6%.

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