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Malaysia Economy Overview


Flag of Malaysia
Economic Environment : After decades of high GDP growth, the economy was badly shaken by the ongoing region’s economic crisis. Private forecasts for 1998 could be as low as 2%. Government austerity and slower growth rate could mean increased unemployment and higher interest rates. :
Industries : Large producer of rubber and tine, and also significant electronic equipment, palm-oil, crude petroleum and petroleum products, and textile industries. Tourism rising in importance.
Infrastructure : Good international service. Major cities on the Malay Peninsula are connected by railroads with Singapore, and an extensive road net covers the west coast.
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