Southeast Asia Markets

Malaysia

Malaysia, with a population of approximately 33 million and a GDP of $445.5 billion as of 2024, is an upper-middle-income country and one of the more developed economies in Southeast Asia.

Malaysia’s economy is well-diversified, the result of comprehensive economic, financial and fiscal reforms undertaken by the government. Major industries today include electrical appliances, electronic parts and components (notably semiconductors, where Malaysia ranks as the world’s third-largest exporter), palm oil, petroleum and liquefied natural gas (LNG), wood products and rubber.

Manufactured goods continue to dominate Malaysia’s export portfolio, reflecting its pivot towards becoming a high-end manufacturing hub, particularly in semiconductors and advanced technology. At the same time, the services sector is gaining momentum as a vital engine for future expansion, with investments in fintech, ecommerce and smart infrastructure.

Malaysia’s strong economic performance, pro-business stance, liberalised investment policies and tax incentives are key factors encouraging foreign enterprises to operate in the country.

These factors underscore Malaysia’s commitment to strengthening its position as a regional business hub and a key player in the global supply chain.

Get in touch to discuss how we can help you expand in Malaysia.

"The team was very knowledgeable and attentive. Meetings with local companies in Malaysia were of high quality – we have signed two MOUs so far, with more in waiting!"

US Provider – Environmental solutions

Malaysia Leadership

Ili Salsabila Abd Razak

Country Manager, Malaysia

Ili Salsabila heads up our Malaysia operations, supporting international companies with business matching, lead generation and market intelligence.

She has worked in sectors from tech and healthcare to energy, industrial equipment and logistics, providing insights into market dynamics and regulations.

Ili holds a MSc in International Business and a BSc in International Business & Management from Universiti Utara Malaysia.

Market opportunity reports

Southeast Asia – Semiconductors

This report provides an overview of the opportunities for overseas companies in Southeast Asia's semiconductor industry.

Download for free

Singapore and Malaysia – Enterprise Technology

This report provides an overview of the opportunities in enterprise technology within Singapore and Malaysia, market entry strategies and explored the latest trends and developments that tech firms need to consider when growing their business in the two countries.

Key tech sectors covered include: AI, big data, ML, IoT. Key industries covered include: logistics, manufacturing, energy, healthtech and more.

Download for free