Under the Economic Transformation Programme (ETP), the government’s long-term development strategy, the tourism industry is set to bring in RM168bn ($54.2bn) in revenues by 2020, three times as much as in 2010. While a substantial percentage of this new income is expected to come from a steadily increasing number of new visitors over the next eight...
Over the past five years Malaysia has become a major destination for foreigners seeking medical treatment. In 2011 over 578,000 foreign patients sought treatment in Malaysian hospitals and clinics, spending RM511m ($164.8m), up almost 19% on foreign health care expenditure in 2010. At a conference in Kuala Lumpur (KL) in July 2012, Liow Tiong Lai,...
Malaysia is a multi-ethnic society of 29m split between the Malay Peninsula and the island of Borneo. With a per-capita GDP that has hovered around $10,000 for the past decade, the country is struggling to escape a “middle-income trap”
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