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  You are in Trade Information > Potential Markets > Malaysia
 
 
Malaysia
Introduction (Basic Data)
Name of Country Federation of Malaysia
Land Area 127,320 sq.miles or 329,758 sq.km.
Consists of Peninsular Malaysia (the 11 former states of Malaya, and the Island Of Penang): Sarawak and Sabah
(North Borneo and Labuan Island)
Population 20.10 million (1995 estimate) 54.4% Urban population growing at a rate of 3.8% per annum.
Population Density 61 people per sq.km
Population Composition 65 years and over - 4% Children under 15 years - 37%
Life Expectancy Males - 69.0 years, Females - 73.7 years
Language Bahasa Malaysia based on Malay (official language), English (commercial - in wide use), other languages spoken are Chinese, Tamil and Iban.
Religion Islam (established religion), Buddhism, Hinduism, Christianity
Ethnic Make-up Malay - 64%, Chinese - 30%, Indian - 6%
Education Education is compulsory between the age of 6 and 16 years. 99% attend Elementary School.
Literacy Rate 89% - Males, 78% - Females
Capital Kuala Lumpur (population - 2 million)
Major Cities Ipoh, Penang, Johore Bahru, Petaling Jaya, Kelang, Kuala Trengganu, Kota Bahru, Seremban, Kuantan, Kota Kinabalu, Melaka, Sibu, Kuching
Administration Malaysia consists of 13 states and two areas (Kuala Lumpur and Labuan) under jurisdiction of the Federal government.
Climate Generally tropical except for the highland areas where it is temperate. It rains all seasons.
Temperature Between 22C (72F) and 33C (92F)
Weights and Measures The metric system is in force. There is also a local system of weights and measures.
Currency Malaysian Ringgit (MR)
100 Sen 1 Ringgit
In August '97 1 US$ 2.96 Yen
1 L 3.942 MR
Public Holidays Holidays observed nationally are Chinese New Year (variable), Labour Day - May 01, National Day - August 31, Christmas Day - December 25, Bank Holiday - July 31
Other Holidays Birthday of Paramount Ruler (variable) Wesak Day (variable)
The following holidays are based on the Muslim Lunar calendar or Hindu calendar:
Prophet Mohammed's Birthday, Hari Raya Puara (Ramazan Festival) Hari Raya Haji (Haj Festival), First Day of Muharram (Muslim New Year), Deepavali.

Other holidays that may be observed:
Commonwealth Day (second Monday in March), Good Friday.
Other holidays observed regionally/locally:
Federal Territory Day (only observed in the Federal Territory), local holidays.
In the states of Kedah, Kelentan, Trengganu and Johore the weekend is Thursday and Friday, while in others, it is Saturday (half day) and Sunday (full day)
Working Hours Offices - 8.30 a.m or 9.00 a.m to 1.00 p.m and 2.30 p.m to 4.30 p.m or 5.00 p.m (Monday to Friday), 9.00 a.m to 1.00 p.m (Saturday).
Time Difference with Sri Lanka + 2.30 hours
Government Malaysia is a Federation with a Constitutional Monarch as Head of State, elected for a five year term by and from hereditary rulers of nine of the states. Parliament consists of a lower house - Dewan Rakyet (House of Representatives) that has a 5-year term and an upper house - Dewan Negara (Senate) having a 3-year term. The Head of State chooses as Prime Minister the person who commands the support of the majority of the members of the lower house.
Political conditions bearing on Economy/Trade At present, the ruling National From Coalition (NF) is the dominant power in the national legislative. In the 1995 general elections, it won 162 out of 192 seats indicating strong public support for its economic policies. During the 1990s the economy continued to expand rapidly under the policies introduced in the1980s, namely liberalizations of foreign investment legislation, tax reforms, a reduction in trade tariffs and the privatisation of state enterprise.
Visa Requirements Visas are required for employment, research and educational purposes, other professional purposes and professional visits. Those travelling as tourists, in transit, for social and business purposes are advised to contact relevant authorities to ascertain whether visas are required. Travellers from or who have transited Ethiopia and Somalia are required to possess a valid international certificate against smallpox. Those from these two countries and from African and South American countries are also required to have valid documents against yellow fever. Travellers coming from cholera-infested areas are required to have a vaccination against cholera. Visa applications will require clearance and approval and may entail a waiting period of 6 to 8 weeks before the result can be notified. Those wishing to enter Sabah and Sarawak will need additional visa approval from the immigration authorities for all types of visits involving a stay exceeding three months.
   
 
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