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Solid economic development for Malaysia

14 December, 2020

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CW Research GCTPR Q2 2014Malaysia is a federal constitutional monarchy and the last four decadesÔÇÖ relative political stability has fueled a solid economic development. Malaysia's GPD jumped 4.7 percent in 2013 and is expected to further expand with a 5.0 percent compound annual growth rate by 2018.

The Malaysian economy is mostly based on the services sector; currently accounting for 55 percent of the country's GDP and expected to remain the largest contributor to the country's economy by 2020, and on the manufacturing sectors, with total contribution to GDP of around 25 percent.

Read the rest of the article in the CemWeek Magazine, Issue 21.

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