MEDIUM RISK for enterprise
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
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GDP | USD364.702bn (World ranking 36, World Bank 2019) |
Population | 31.950mn (World ranking 44, World Bank 2019) |
Form of state | Constitutional Monarchy |
Head of government | Muhyiddin Yassin (PM) |
Next elections | 2023, legislative |
18 January
The Covid-19 crisis could accelerate the shifting global balance towards Asia. We
18 December
As 2020 draws to a close and we release our updated forecasts, our economists were caught day dreaming of a world where their boldest wishes would come true.
18 December
The Covid-19 vaccine will supercharge global growth in 2021, but short-term headwinds, and a complete recovery only by 2022, will create transition risks.
(% of total)
Exports | Rank | Imports |
---|---|---|
Singapore
15%
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1 |
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China
13%
![]() |
2 |
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United States
10%
![]() |
3 |
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Japan
8%
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4 |
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Thailand
6%
![]() |
5 |
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(% of total)
Exports | Rank | Imports |
---|---|---|
Electrical machinery, apparatus and appliances, n.e.s.
25%
|
1 |
23%
Electrical machinery, apparatus and appliances, n.e.s.
|
Petroleum, petroleum products and related materials
10%
|
2 |
9%
Petroleum, petroleum products and related materials
|
Office machines and automatic data processing machines
7%
|
3 |
4%
Other industrial machinery and parts
|
Fixed vegetable oils and fats, crude, refined or fractionated
5%
|
4 |
3%
Telecommunication and sound recording apparatus
|
Telecommunication and sound recording apparatus
5%
|
5 |
3%
Office machines and automatic data processing machines
|
Low
Medium
Sensitive
High
Payments
Court proceedings
Insolvency proceedings
Payments
Court proceedings
Insolvency proceedings
Despite recent efforts, the courts' independence and transparency still have margin for improvement. While lawsuits can be slow and should be avoided whenever possible, recent reforms have seen lawsuits resolved more quicky.
In the absence of an efficient and functional debt restructuration scheme, debtor insolvency would only be dealt with through liquidation proceedings, which generally results in low recovery chances for unsecured creditors.
Contact Euler Hermes
Economic Research Team
research@eulerhermes.com
Contact Mahamoud Islam
Senior Economist for Asia
mahamoud.islam@eulerhermes.com