Malaysia’s economy is a dynamic mix of manufacturing, agriculture, and services, with growing strengths in technology and renewable energy. Market competition is strong in urban areas, supported by foreign investment and strategic trade partnerships. However, regional disparities and reliance on exports remain challenges.
The government focuses on trade growth, digital transformation, and sustainability under initiatives like Malaysia’s Shared Prosperity Vision 2030. Regulatory reforms aim to streamline business processes and attract foreign investment, though governance concerns persist.
Society is diverse and urbanizing, with increasing demand for education, housing, and healthcare. Education systems are improving, with a focus on technical and digital skills to support industrial growth. Climate policies emphasize renewable energy and conservation, particularly in addressing deforestation and carbon emissions. Healthcare is improving, with strong public-private sector collaboration ensuring expanding access and quality care.