Linked to Singapore by the Woodlands Causeway and the Tuas Second Link, Malaysia is Singapore’s most immediate neighbour and also her largest trading partner. The multi-religious and multi-racial country is home to about 28 million people and is one of Southeast Asia’s top economies.
Malaysia is well-endowed with natural resources in areas such as agriculture, forestry and minerals. It is one of the top exporters of natural rubber and palm oil and has considerable reserves of oil and gas.
However, rather than developing an economy with a over-dependence on the export of raw materials, Malaysia has managed to diversify its economy to include manufacturing, services, and tourism.
Ease of doing business ranking: 231
Economic freedom ranking: 582
Malaysia is Singapore’s largest trading partner in 2009 with total trade amounting to S$86.1 billion, up from S$111.5 billion in 20083.
login, click here.
