Last updated: 24 May 2012
Market profile
Insights and opportunities
Read bio and full transcript
Doing Business
The bilateral trade relationship between Australia and Malaysia reached a significant milestone with the signing of the Malaysia-Australia Free Trade Agreement (MAFTA).
More information on doing business in Malaysia
Country Profile
Content supplied by Department of Foreign Affairs and Trade
- ECONOMIC CLIMATE
According to key development indicators, Malaysia is now a high middle-income, export-oriented economy.
» read more at DFAT - TRADE RELATIONS
In terms of two-way goods and services trade, Malaysia is Australia's third-largest trading partner in ASEAN and our 10th-largest partner overall.
» read more at DFAT - FREE TRADE AGREEMENTS
MAFTA is a comprehensive, high-quality agreement that further integrates the Australian economy into the fast-growing Asian region.
» read more at DFAT
Top Business Risks
OECD Guidelines for Multinational Enterprises
Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the AusNCP website.
Extractive Industries Transparency Initiative
The Extractive Industries Transparency Initiative (EITI) is a voluntary mechanism which promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.
The EITI is supported by governments, industry, and non-government organisations around the world. The Australian Government supports the EITI and encourages Australian companies operating internationally to comply with its recommendations.
APEC Business Travel Card Scheme
Managed by the Department of Immigration, the APEC Business Travel Card Scheme was developed to make travelling within the 21 APEC member countries much simpler and more efficient.