MY is the abbreviation for Malaysia, the 66th largest country in the world. Malaysia is a country located in Asia, bordering 3 countries – Indonesia, Singapore, and Vietnam. Kuala Lumpur is the capital city of Malaysia. Major cities include Kota Bharu (population: 1,459,983), Kuala Lumpur (population: 1,453,964), Klang (population: 879,856), Kampung Baru Subang (population: 833,560), Johor Bahru (population: 802,478), Ipoh (population: 673,307), Kuching (population: 570,396), Petaling Jaya (population: 520,687), Shah Alam (population: 481,643), and Kota Kinabalu (population: 457,315).
Country Profile
- Capital: Kuala Lumpur
- Language: Malaysian
- Area: 330,803 km2
- Population: 32,049,689
- Currency: Ringgit (RM) (MYR)
- Time zone: UTC+8
- Calling code: 60
- ISO 2-Letter Abbreviation: MY
- UN 3-Letter Abbreviation: MYS
- Internet TLD: .my
- State Government Website: http://malaysia.gov.my
List of Malaysia Acronyms
The most commonly used abbreviations about Malaysia are MY which stands for Malaysia and MYR which means Ringgit (Malaysia currency). In the following table, you can see all acronyms related to Malaysia, including abbreviations for airport, city, school, port, government, and etc.
Abbreviation |
Meaning |
AFPM |
Academy of Family Physicians Malaysia |
ASM |
Academy of Sciences Malaysia |
ASSEMBLY |
Academy of Sciences Malaysia |
ATM |
Agilent Technologies Malaysia |
AOR |
Alor Setar, Malaysia – Sultan Abdul Halim |
AAM |
American Association of Malaysia |
AMHB |
Amway Malaysia Holdings Berhad |
ABIM |
Angkatan Belia Islam Malaysia |
ATM |
Angkatan Tentera Malaysia |
AMBG |
Arab-Malaysian Banking Group |
AMMB |
Arab-Malaysian Merchant Bank |
AFCSM |
Arsenal Football Club Supporters Malaysia |
APSF |
ASEAN Para Sports Federation (Malaysia) |
AAAA |
Association of Accredited Advertising Agents Malaysia |
ACEM |
Association of Consulting Engineers Malaysia |
AMO |
Association Of Malaysian Optometrists |
AMBM |
Association of Merchant Banks in Malaysia |
AMBC |
Australia Malaysia Business Council |
AAM |
Automobile Association of Malaysia |
BAM |
Badminton Association of Malaysia |
BKM |
Bakalalan, Malaysia |
BIMB |
Bank Industri Malaysia Berhad |
BIMB |
Bank Islam Malaysia Berhad |
BNMA |
Bank Negara Malaysia |
BNM |
Bank Negara Malaysia |
BPM |
Bank Pertanian Malaysia |
BTU |
Bintulu, Sarawak, Malaysia – Bintulu |
BEM |
Board of Engineers Malaysia |
BAM |
British Association of Malaysia |
BMCC |
British Malaysian Chamber of Commerce |
BMI |
British Malaysian Institute |
BIMP |
Brunei Darassalam Indonesia Malaysia the Philippines |
BIMP-EAGA |
Brunei Darussalam Indonesia Malaysia the Philippines – East Asean Growth Area |
BIMP-EAGA |
Brunei-Indonesia-Malaysia-Philippines East-Asian Growth Area |
MYX |
Bursa Malaysia |
CCM |
Chemical Company of Malaysia Bhd. |
CICM |
Chemical Industries Council of Malaysia |
CFM |
Christian Federation of Malaysia |
CFM |
Communications and Multimedia Consumer Forum of Malaysia |
CMCF |
Communications and Multimedia Content Forum of Malaysia |
CPM |
Communist Party of Malaysia |
CTRM |
Composites Technology Research Malaysia Sdn Bhd |
DSM |
Department of Standards Malaysia |
DOSM |
Department of Statistics Malaysia |
DSMM |
Department of Survey and Mapping Malaysia |
DMAK |
Dewan Malaysia Abbasiyah Kaherah |
DSAM |
Direct Selling Association of Malaysia |
DUMEI |
Direktori Usahawan Malaysia Edisi Internet |
ETOM |
Eagle Tour of Malaysia |
EPSM |
Environmental Protection Society of Malaysia |
FMM |
Federation of Malaysian Manufacturers |
FMUTM |
Federation of Malaysian Unit Trust Managers |
FEM |
Federation of Women Entrepreneur Association Malaysia |
FAM |
Football Association of Malaysia |
FDPM |
Forestry Department Peninsular Malaysia |
FMDC |
Fotopages Malaysia Digital Community |
FXMS |
Fuji Xerox Malaysia |
FXM |
Fuji Xerox Malaysia |
GSM |
Geological Society of Malaysia |
HSSM |
Harris Solid State Malaysia |
HICOM |
Heavy Industries Corporation of Malaysia |
HPSM |
Hewlett-Packard Sales Malaysia |
HMCE |
Higher Malaysian Certificate of Education |
HLCM |
Hong Leong Company Malaysia Bhd. |
IMT-GT |
Indonesia-Malaysia-Thailand Growth Triangle |
IBMM |
Institut Bahasa Melayu Malaysia |
IBBM |
Institut Bank-Bank Malaysia |
IKIM |
Institut Kefahaman Islam Malaysia |
IKM |
Institut Kimia Malaysia |
IPGM |
Institut Pendidikan Guru Malaysia |
ITNM |
Institut Terjemahan Negara Malaysia |
ILAM |
Institute of Landscape Architects Malaysia |
IPRM |
Institute of Public Relations Malaysia |
IQM |
Institute of Quality Malaysia |
IEM |
Institution of Engineers, Malaysia |
IIUM |
International Islamic University Malaysia |
IPH |
Ipoh, Malaysia – Ipoh |
IAMM |
Islamic Arts Museum Malaysia |
JKM |
Jabatan Kimia Malaysia |
JPNM |
Jabatan Pendaftaran Negara Malaysia |
JHB |
Johor Bahru, Malaysia – Sultan Ismail International |
KDMM |
Kelab Dewan Malaysia Melbourne |
KUJ |
Kelab UMNO Jordan (Malaysian organization) |
KKM |
Kementerian Kesihatan Malaysia |
KUIM |
Kolej Universiti Islam Malaysia |
KBR |
Kota Bharu, Malaysia – Sultan Ismail Petra |
BKI |
Kota Kinabalu, Sabah, Malaysia – Kota Kinabalu |
KUL |
Kuala Lumpur, Malaysia – Subang Kuala Lumpur International |
TGG |
Kuala Terengganu, Malaysia – Sultan Mahmood |
KUA |
Kuantan, Malaysia – Padang Geroda |
KCH |
Kuching, Sarawak, Malaysia – Kuching |
KMM |
Kumpulan Mujahidin Malaysia |
KFHMB |
Kuwait Finance House Malaysia Berhad |
LBU |
Labuan, Sabah, Malaysia |
LDU |
Lahad Datu, Sabah, Malaysia – Lahad Datu |
LGKS |
Langkawi, Malaysia |
LGK |
Langkawi, Malaysia |
LWY |
Lawas, Sarawak, Malaysia – Lawas |
LGM |
Lembaga Getah Malaysia |
LJM |
Lembaga Jurutera Malaysia |
LPFM |
Lembaga Penapisan Filem Malaysia |
LPM |
Lembaga Peperiksaan Malaysia |
LIAM |
Life Insurance Association of Malaysia |
LMN |
Limbang, Sarawak, Malaysia – Limbang |
MIM |
Made in Malaysia |
MBIM |
Majlis Bahasa Indonesia-Malaysia |
MSIA |
Malaysia |
MY |
Malaysia |
MYS |
Malaysia |
MAA |
Malaysia Aikido Association |
MH |
Malaysia Airlines |
MAPA |
Malaysia Airlines Pilots’ Association |
MATF |
Malaysia Airlines Travel Fair |
MABA |
Malaysia Amateur Basketball Association |
CSLR |
Malaysia and Singapore Company and Securities Law Reports |
MSVCR |
Malaysia and Singapore Vintage Car Register |
MABA |
Malaysia Basketball Association |
MCGC |
Malaysia Cocoa Growers Council |
MCP |
Malaysia Conference on Photonics |
MDO |
Malaysia Debate Open |
MFI |
Malaysia France Institute |
MHA |
Malaysia Hockey Association |
MHL |
Malaysia Hockey League |
MIDA |
Malaysia Industry Development Authority |
MIA |
Malaysia International Aerospace Exhibition |
MIBS |
Malaysia International Boat Show |
MICC |
Malaysia International Conference on Communications |
MIJF |
Malaysia International Jewellery Fair |
MISC |
Malaysia International Shipping Corporation |
MLBC |
Malaysia Lebanon Business Council |
MMLM |
Malaysia Mental Literacy Movement |
MMCB |
Malaysia Mining Corporation Bhd |
MNOC |
Malaysia Nation of Character |
MNBC |
Malaysia Norway Business Council |
MPCB |
Malaysia Pacific Corporation Berhad |
MAPEX |
Malaysia Property Exposition |
MPH |
Malaysia Publishing House |
MRA |
Malaysia Retailers Association |
MSFD |
Malaysia Sports Federation of the Deaf |
MSC |
Malaysia Super Corridor |
MYT |
Malaysia Time |
MYES |
Malaysia Year-End Sale |
MYEF |
Malaysia Young Entrepreneur Forum |
MIB |
Malaysia, Indonesia, Brunei |
MCFA |
Malaysia-China Friendship Association |
MASB |
Malaysian Accounting Standard Board |
MASA |
Malaysian Achehnese Students Association |
MAS |
Malaysian Airlines System |
MASSA |
Malaysian and Singaporean Students’ Association |
MAFIS |
Malaysian Aquatic Sciences and Fisheries Information System |
MAB |
Malaysian Association for the Blind |
MAPTB |
Malaysian Association for the Prevention of Tuberculosis |
MASO |
Malaysian Association for the Study of Obesity |
MAAA |
Malaysian Association of Accounting Administrators |
MAAM |
Malaysian Association of Asset Managers |
MAH |
Malaysian Association of Hotels |
MAI |
Malaysian Association of Illinois |
MAOMS |
Malaysian Association of Oral and Maxillofacial Surgeons |
MASW |
Malaysian Association of Social Workers |
MASH |
Malaysian Association of Speech-Language and Hearing |
MAYC |
Malaysian Association of Youth Clubs |
MAAB |
Malaysian Assurance Alliance Bhd. |
MAA |
Malaysian Assurance Alliance Bhd. |
MBA |
Malaysian Bengalee Association |
MBA |
Malaysian Buddhist Association |
MBMC |
Malaysian Buddhist Meditation Centre |
MCA |
Malaysian Chinese Association |
MCSN |
Malaysian Christian Songwriters Network |
MCAR |
Malaysian Civil Aviation Regulation |
MCSL |
Malaysian Civil Service Link |
MSCL |
Malaysian Civil Service Link |
MCB |
Malaysian Cocoa Board |
MCMC |
Malaysian Communications and Multimedia Commission |
MYCERT |
Malaysian Computer Emergency Response Team |
MCBA |
Malaysian Contract Bridge Association |
MCIS |
Malaysian Cooperative Insurance Society |
MCG |
Malaysian Culture Group |
MDA |
Malaysian Dancers’ Association |
MDA |
Malaysian Dental Association |
MDCH |
Malaysian Derivatives Clearing House |
MDBC |
Malaysian Dutch Business Council |
MERC |
Malaysian Economic Research Corporation |
MEPS |
Malaysian Electronic Payment System |
MEF |
Malaysian Employers Federation |
MEMS |
Malaysian Endocrine & Metabolic Society |
MES |
Malaysian Endodontic Society |
MEVA |
Malaysian Equine Veterinary Association |
MESDAQ |
Malaysian Exchange of Securities Dealing & Automated Quotation |
MFD |
Malaysian Federation of the Deaf |
MFA |
Malaysian Flying Academy |
MFCA |
Malaysian Food Canners Association |
MFA |
Malaysian Franchise Association |
MFIC |
Malaysian Furniture Industry Council |
MGSS |
Malaysian German Students Society |
MGA |
Malaysian Golf Association |
MGS |
Malaysian Government Securities |
MHIA |
Malaysian Health Informatics Association |
MHA |
Malaysian Highway Authority |
MHF |
Malaysian Hockey Federation |
MAHSURI |
Malaysian Human Settlement and Urbanisation Research Institute |
MI |
Malaysian Idol |
MIBA |
Malaysian Indian Business Association |
MICROWAVE |
Malaysian Indian Congress |
MIC |
Malaysian Indian Congress |
MINT |
Malaysian Institute for Nuclear Technology Research |
MIA |
Malaysian Institute of Accountants |
MICG |
Malaysian Institute of Corporate Governance |
MIER |
Malaysian Institute of Economic Research |
MIFT |
Malaysian Institute of Food Technology |
MIPM |
Malaysian Institute of Personnel Management |
MIN |
Malaysian Interfaith Network |
MIFW |
Malaysian International Fashion Week |
MIMB |
Malaysian International Merchant Bankers Berhad |
MIF |
Malaysian Islamic Finance |
MISG |
Malaysian Islamic Study Group |
MMA |
Malaysian Medical Association |
MMC |
Malaysian Medical Council |
MMS |
Malaysian Meteorological Service |
MMVA |
Malaysian Motor Vehicle Assemblers Association |
MMU |
Malaysian Multimedia University |
MANCID |
Malaysian National Committee on Irrigation and Drainage |
MNCF |
Malaysian National Cycling Federation |
MNPS |
Malaysian Natural Products Society |
MNS |
Malaysian Nature Society |
MPOA |
Malaysian Palm Oil Association |
MPO |
Malaysian Philharmonic Orchestra |
MPOP |
Malaysian Pop |
MPBA |
Malaysian Professional and Business Association |
MPA |
Malaysian Psychiatric Association |
MQR |
Malaysian Qualifications Register |
MQL |
Malaysian Quality of Life |
MQLI |
Malaysian Quality of Life Index |
MRIC |
Malaysian Registry of Intensive Care |
MRCB |
Malaysian Resources Corp. Bhd. |
MRCB |
Malaysian Resources Corporation Berhad |
MRCA |
Malaysian Retailer-Chains Association |
MYR |
Malaysian Ringgit |
MRB |
Malaysian Rubber Board |
MREPC |
Malaysian Rubber Export Promotion Council |
MSF |
Malaysian Scholars Foundation |
MASTIC |
Malaysian Science and Technology Information Centre |
MSA |
Malaysian Scientific Association |
MSAVA |
Malaysian Small Animal Veterinary Association |
MSTD |
Malaysian Society for Training and Development |
MSAI |
Malaysian Society of Allergy and Immunology |
MSFA |
Malaysian Society of Financial Analysts |
MSID |
Malaysian Society of Interior Designers |
MSR |
Malaysian Society of Rheumatology |
MSTB |
Malaysian Software Testing Board |
MSSA |
Malaysian Steel Structure Association |
MSLS |
Malaysian Student Leaders Summit |
MTDC |
Malaysian Technology Development Corporation |
MTBC |
Malaysian Tenpin Bowling Congress |
MATAC |
Malaysian Textile and Apparel Centre |
MTC |
Malaysian Timber Council |
MTC |
Malaysian Timber Industry |
MTUC |
Malaysian Trades Union Congress |
MUSS |
Malaysian United Sikh Students |
MUCED |
Malaysian University Consortium for Environment and Development |
MUET |
Malaysian University English Test |
MUA |
Malaysian Urological Association |
MVCA |
Malaysian Venture Capital Association |
MWA |
Malaysian Water Association |
MWMT |
Malaysian Women in Ministry and Theology |
MWFS |
Malaysian World Fertility Survey |
MZS |
Malaysian Zoological Society |
MFBC |
Malaysian-Finnish Business Council |
MAFM |
Martial Arts Federation of Malaysia |
MBAM |
Master Builders Association Malaysia |
MYY |
Miri, Sarawak, Malaysia – Miri |
MUAM |
Monash University Alumni Malaysia |
MMT |
Monorail Malaysia Technology Sdn Bhd |
MKM |
Mukah, Sarawak, Malaysia |
MZV |
Mulu, Malaysia – Mulu Airport |
NCCIM |
National Chamber of Commerce and Industry of Malaysia |
NCBM |
National Council for the Blind, Malaysia |
NISER |
National ICT Security Emergency Response Center (Malaysia) |
NIAM |
National Insurance Association of Malaysia |
NSM |
Nutrition Society of Malaysia |
OGSM |
Obstetrical and Gynaecological Society of Malaysia |
OCM |
Olympic Council of Malaysia |
OUM |
Open University of Malaysia |
PORAM |
Palm Oil Refiners Association of Malaysia |
PMP |
Pan Malaysian Pools Sdn Bhd |
PMIP |
Pan-Malaysian Islamic Party |
PAS |
Parti Islam Se-Malaysia |
PEN |
Penang, Malaysia – Penang International |
PMB |
Pepper Marketing Board Malaysia |
PHIM |
Perbadanan Harta Intelek Malaysia |
PPIM |
Pergerakan Puteri Islam Malaysia |
PNM |
Perpustakaan Negara Malaysia |
PFSM |
Persatuan Falak Syarie Malaysia |
PPPM |
Persatuan Pandu Puteri Malaysia |
PPMC |
Persatuan Pelajar Malaysia Cork |
PPIM |
Persatuan Pengguna Islam Malaysia |
PPIM |
Persatuan Pengurusan Ilmu Malaysia |
PPPM |
Persatuan Perlindungan Pengguna Malaysia |
PPIM |
Persatuan Perubatan Islam Malaysia |
PUM |
Persatuan Ulama Malaysia |
PPM |
Persekutuan Pengakap Malaysia |
PAM |
Pertubuhan Akitek Malaysia |
PERKESO |
Pertubuhan Keselamatan Sosial Malaysia |
PTS |
PETRONAS Technical Standard (oil industry; Malaysia) |
PDRM |
Polis Diraja Malaysia |
PRDM |
Polis Raja Di Malaysia |
PAMB |
Prudential Assurance Malaysia Berhad |
PFBM |
Public Finance Berhad Malaysia |
RTM |
Radio Television Malaysia |
RMK |
Rancangan Malaysia Kesembilan |
RAM |
Rating Agency Malaysia Bhd. |
RBCM |
Reformed Baptist Churches Malaysia |
RM |
Ringgit Malaysia |
RMSA |
RMSU Malaysian Students Association |
REAM |
Road Engineering Association of Malaysia |
RMN |
Royal Malaysian Navy |
RMPXX |
Royal Malaysian Police |
RMP |
Royal Malaysian Police |
SAM |
Sahabat Alam Malaysia |
SDK |
Sandakan, Sabah, Malaysia |
SESMA |
Scientific Expedition to the Seas of Malaysia |
SIEM |
Secretariat Institution of Engineers Malaysia |
SMM |
Semporna, Sabah, Malaysia – Semporna |
SMSA |
Sheffield Malaysian Students Association |
SBW |
Sibu, Sarawak, Malaysia – Sibu |
SMSB |
Siemens Malaysia Sdn Bhd |
SPM |
Sijil Pelajaran Malaysia |
STAM |
Sijil Tinggi Agama Malaysia |
STPM |
Sijil Tinggi Persekolahan Malaysia |
SMSA |
Singapore Malaysian Student Association |
SIMP |
Singapore, Indonesia, Malaysia, Philippines |
STMB |
Sistem Televisyen Malaysia Bhd. |
SALM |
Skim Akreditasi Ladang Malaysia |
SAPAM |
Small Animal Practitioners’ Association of Malaysia |
SMART |
Special Malaysia Disaster Assistance and Rescue Team |
SPMR |
Special Process Malaysia Rubber |
SMR |
Standard Malaysian Rubber |
SSM |
Suruhanjaya Syarikat Malaysia |
TKYHM |
Tai Kwong Yokohama Holding Malaysia |
TIAM |
Taipei Investors’ Association in Malaysia |
TPM |
Technology Park Malaysia |
TM |
Telekom Malaysia |
TMB |
Telekom Malaysia Berhad |
TLDM |
Tentera Laut Diraja Malaysia |
TAM |
Thalassaemia Association of Malaysia |
TEAM |
Timber Exporters’ Association of Malaysia |
TTM |
Trans Thai-Malaysia Ltd |
UHB |
UDA Holdings Berhad (Malaysia; property development and management) |
UITM |
United Italian Trading Malaysia |
UNAM |
United Nations Association of Malaysia |
UDM |
Universiti Darul Iman Malaysia |
UIAM |
Universiti Islam Antarabangsa Malaysia |
UKM |
Universiti Kebangsaan Malaysia |
UMS |
Universiti Malaysia Sabah |
UMT |
Universiti Malaysia Terengganu |
UPM |
Universiti Putra Malaysia |
USIM |
Universiti Sains Islam Malaysia |
USM |
Universiti Sains Malaysia |
UTM |
Universiti Teknologi Malaysia |
UUM |
Universiti Utara Malaysia |
UBSM |
University Book Store Malaysia |
UMS |
University Malaysia Sarawak |
UPMT |
University Putra Malaysia Terengganu |
VMCC |
Visit Malaysia Cyber Campaign |
WMSO |
Wellington Malaysian Students’ Organisation |
WCPM |
West Coast Peninsular Malaysia |
WWFM |
World Wildlife Fund Malaysia |
YJM |
Yayasan Jantung Malaysia |
Geography
Malaysia is geographically divided into west and east. The western part of the country extends over the southern part of the Malay Peninsula. The eastern part is on the island of Borneo. On the Malay Peninsula, the landscape is characterized by mountain ranges with peaks up to 2,100 meters above sea level. The coast consists of lowland areas that extend inwards towards the mountains. The two borneo provinces consist of fertile lowlands in the northern coastal areas, which extend into hills and upland areas further inland. Farther south form high mountain ranges with peaks exceeding 4100 m. a natural border with the Indonesian parts of the island. Almost two-thirds of the country is covered by tropical rainforest. The climate is tropical, warm and humid all year round. There is most rainfall between September and November.
The biggest environmental challenges in Malaysia are related to shading. The country has a particularly large species diversity, which is threatened by harvesting and clearing of land. The forest and species diversity at Borneo is particularly affected by the establishment of large palm oil plantations. Another environmental problem is polluted drinking water, and air pollution in cities from unregulated emissions from cars and heavy industry.
History
The Malay Peninsula has been inhabited for more than 6,000 years, and has been divided into many different kingdoms and kingdoms. Around 100 BCE the Malay Peninsula came under Indian influence. In the 1300s, a sultanate (a kind of kingdom) emerged around the city of Malacca, which later controlled the entire peninsula. Through the Muslim Sultanate, Islam became the most widespread religion in the region.
In the 16th century, the Sultanate was conquered by Portuguese seafarers, before the Dutch and British occupied the area. Throughout the 19th century, Britain gradually gained more control over the Malay Peninsula. The British established rubber plantations, and imported Chinese workers as cheap labor. The Chinese minority gradually became dominant in the business world, while the local Malaysian population, and the large Indian minority, were pushed out of business and industrial areas. This became a source of ethnic conflict that still prevails today.
During the Second World War, the Peninsula of Malaya was occupied by Japan, leading to a growing independence movement. After the occupation, violent riots and guerrilla war broke out against the British colonial power. In 1957, Malaysia became independent, but major ethnic differences led to the country’s most Chinese-dominated province, Singapore, declaring independence from the rest of the country in 1965.
Society and politics
Malaysia is a federal state with 13 states. The head of state is a king, who is elected for five years at a time. The royal title goes on a tour of the sultans (monarchs) who lead nine of the country’s 13 states. The executive power lies with a prime minister and the government. Legislative power lies with a parliament consisting of a Senate and a House of Representatives. The Senate has 44 representatives elected by the king, and 26 representatives from the states (two from each). The House of Representatives has 219 representatives elected in general elections for 5 years at a time. The prime minister is elected by the king from among the members of the House of Representatives.
Malaysia is a complex country with many cultures, languages, religions and ethnicities. Ethnic Malays make up over 60 percent of the population, Chinese descendants make up about 20 percent, and Indian descendants make up about 5 percent. In the country’s eastern provinces on Borneo, there are over 90 different indigenous peoples. Targeted policies to promote the position of ethnic Malays in society have led to riots and accusations of systematic racism against the minorities. Malaysia has a well functioning health care system and education system. However, women’s position in society is poor, and women are underrepresented in both politics and the labor market.
Economics and Commerce
Malaysia has a strong export-oriented economy. The country exports large quantities of rubber, crude oil, wood and palm oil. Good laws and an open market make the country attractive for foreign investment. The importance of agriculture to the country’s economy has decreased in line with the country’s economic growth. Since independence, the country has gone from being a commodity- producing developing country to becoming a middle-income country where industry and the service sector dominate the economy. Today, the oil company Petronas accounts for about 40 percent of the state’s revenue. Cars, electronics, rubber products and textiles are also produced. Since the 1980s, the tourism industry has also become a significant income for the country.
Malaysia is today among the most prosperous in the region. The percentage of poor people has dropped from around 50 per cent of the population in 1970 to below one per cent today. Prosperity is most visible in the industrialized areas west of the Malay Peninsula. In the eastern provinces of Borneo, and on the eastern side of the Malay Peninsula, industry and infrastructure are less developed. Malaysia is one of the most important members of the ASEAN regional cooperation organization, and has been one of the initiators of the “ASEAN Free Trade Area” which ensures free trade among the ten member countries.
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