Located in the tropics, Malaysia straddles the South China
Sea. Peninsula Malaysia is at the tip of mainland Southeast
Asia, while the states of Sabah and Sarawak are on the island of
Borneo. Total land mass covers 329,757 square kilometers.
Its largest urban areas include the capital, Kuala Lumpur, Penang in
the north west and Johor Bahru in the south bordering Singapore.
Malaysia is a constitutional monarchy with a parliamentary system
of government. The monarch, the Yang di Pertuan Agong, is
rotated among the rulers of nine of the thirteen states of
Malaysia. The role has, over time, become almost entirely
ceremonial and symbolic.
Malaysia's population approaches 22 million and includes three
primary ethnic groups: the Malays (50%), the Chinese (27%) and
the Indians (8%). Bahasa Malaysia is the national language,
although English is widely understood and is used in business
communication.
Over the last decade the Malaysian economy has undergone rapid
expansion, with emphasis shifting from agriculture to
manufacturing. More changes are envisaged for the new
millenium, with the nation set to move from the industrial to the
information age. The Government has targeted year 2020 for the
country to achieve "developed nation" status.
Malaysia has long been a leading producer and exporter of
commodities such as rubber, palm oil, timber, tin petroleum and
gas. Major manufactured exports include electronics,
chemicals, textiles and apparel. It is also a leading producer
and exporter of semiconductors, audio-visual products and air
conditioners. The manufacturing sector is expected to lead
economic growth into the next decade with emphasis on higher
value-added products and activities including research and
development, design and prototyping, distribution and
logistics. Malaysia's main trading partners are Japan, the
United States and Singapore.