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”
Malaysia Transport
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Having already developed a comprehensive transportation and logistics network across key economic regions, Malaysia is focused on improving access to rural areas and decreasing congestion in cities. The government’s biggest project is the Klang Valley Mass Rapid Transit system, which kicked off construction in 2012 on the first line, with two more to come by 2018. Other plans in the works include...
Economic update | Malaysia: Airline alliance
3 Sep 2012
The forthcoming entry of Malaysia’s largest airline into the oneworld alliance, a group of the world’s major airlines, plus efforts among airlines to boost connectivity in Asia and invest in capacity to support long-term growth, are set to increase flight frequency and services.
Economic update | Malaysia: Going for green
12 Jun 2012
Malaysia has announced plans to boost its automotive sector through the production of electric cars, hoping to both develop a lucrative export trade while actively combating carbon emissions at home. The industry will face competition, however, from other countries in the region whose green automotive initiatives are more developed.
Malaysia is at the forefront of a $485m infrastructure fund to forge closer transportation and logistics services between members of the ASEAN community.
Economic update | Malaysia: Partnership in the skies
24 Aug 2011
Some important changes for the Malaysian aviation sector lie ahead, after the recent announcement by the main shareholders of the country’s two major airlines that they are beginning a new partnership.