Malaysia is located in Southeastern Asia. It is a peninsula and the northern one-third of the island of Borneo. It borders Indonesia and the South China Sea, south of Vietnam. Altogether, Malaysia covers an area slightly larger than New Mexico. The climate there is tropical with yearly monsoons in the southwest (April to October) and the northeast (October to February). The terrain is predominately comprised of coastal plains that rise into hills and mountains. Natural resources include tin, petroleum, copper, iron ore, natural gas, bauxite and timber.
Malaysia, a middle-income country, transformed itself from 1971 through the late 1990s from a producer of raw materials into an emerging multi-sector economy. Growth is almost exclusively driven by exports and, as a result Malaysia was hard hit by the global economic downturn in 2001, although fiscal effects were mitigated through aid packages. Although Severe Acute Respiratory Syndrome (SARS) and the Iraq War led to caution in business, 2004 saw better than 7% growth followed by 5% in 2005. Benefit from the profits from oil and gas exports (due to higher world-wide energy prices) has been somewhat reduced by the cost of government subsidies for domestic gasoline and diesel fuel. The country's GDP is currently comprised of: agriculture (7%), industry (33%), and services (60%). Healthy foreign exchange reserves, low inflation, and a small external debt add to Malaysian economic stability. The economy remains dependent on continued growth in its top export countries—US, China, and Japan.
Malaysia has around 4,446,300 Telephone lines and 10,040,000 Internet users
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