A: Malaysia lies on the geographical coordinates of 2° 30' 0" N, 112° 30' 0" E.
Latitude and Longitude of Malaysia in other units:
|Latitude and Longitude to decimals||2.5||112.5|
|Latitude and Longitude to degrees minutes seconds||2° 30' 0" N||112° 30' 0" E|
|Latitude/Longitude to UTM Reference|
|UTM Northing:276422.1159544539 Easting:666773.7501518067 Zone:49N|
More detail about Malaysia
Malaysia on the Upturn since Independence
Malaysia earned its independence in 1957 and since then, its economic strength has been growing. At the moment, its economic record is one of the best in Asia. There has been a growth of over 6% a year in its revenues until 2005 and there was even a period where it was almost 8% a year.
Contributors to this high growth have been foreign investments and domestic private investments. This has helped the economy in this country to become diversified as well as more modern. Malaysia used to rely on primary products like tin and rubber, amongst others. Now, the country is growing in multiple sectors including those pertaining to manufacturing and services.
Malaysia has become one of the world?s largest exporters of various goods. These products include things like solar panels, electrical goods, semiconductor devices, as well as information and communication technology, otherwise known as ICT.
During the economical crisis is Asia between 1997 and 1998, there was a financial struggle and some lessons learned pertaining to money management. These lessons were applied to the economy when the global financial crisis occurred in 2008-2009 and prevented the country from being overwhelmed. The economic growth did contract but not to the same degree as many others did.
The economy at the moment is still largely built around state-owned enterprises. These organizations are involved with industries such as gas and oil, ship building, plantation, steel, telecommunications, automotive, utilities, mining, amongst others. There have in the past been ethnic preferences amongst people filling the jobs but the new government is working to make changes to these preferences. The government is also working to increase the role of the private sector in the economy. This is to make the economy more sustainable in the long-term.
With all of these changes since independence, the economy and the country has done well. There is reason to believe that this will be maintained when the planned changes have been made.