Cost of living in Malaysia: Navigating perceptions and reality


Abstract

It is undeniable that Malaysia has made significant progress since last year. Key economic indicators such as inflation rate, Gross Domestic Product (GDP), and unemployment rate. The current account position shows sterling improvements. Additionally, according to data from the Department of Statistics, Malaysia recorded its highest approved investment amount in history, amounting to RM329.5bil last year, which is 23% higher than in 2022.

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