Population: As of 2020, Malaysia’s population was estimated at approximately 32.7 million people. The nation is a melting pot of ethnicities, with over 69% identified as Bumiputera, including Malays and indigenous groups.

Labor Force: In 2023, Malaysia’s labor force comprised about 16 million individuals, with approximately 15.81 million employed. The employment-to-population ratio stood at 67.7% that year.

Key Industries and Companies: Malaysia boasts a diversified economy with significant contributions from various sectors:

• Manufacturing: The country is a major player in electronics and semiconductor manufacturing. Notable companies like Intel and Infineon have substantial operations in Malaysia.

• Energy: Malaysia is focusing on becoming a hub for energy production, particularly in oil, gas, and renewable energy sectors. The government aims to enhance capabilities in these areas to attract further investments.

• Services: The services sector, including finance, tourism, and telecommunications, is a major contributor to Malaysia’s GDP. The country has a growing tourism industry, with millions of visitors each year.

Additionally, Malaysia has seen a surge in foreign investments, particularly from Chinese companies in the high-tech sector, aiming to establish a strong presence in the global supply chain.

Overall, Malaysia’s strategic initiatives and diversified economy position it as a key player in the Southeast Asian region.