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Credit Management January February 2024

The CICM magazine for consumer and commercial credit professionals

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on Malaysia...<br />

Geography and demographics<br />

As countryreports.org outlines, Peninsular Malaysia<br />

extends south for 800km from Thailand’s Isthmus of Kra<br />

to Singapore and the Indonesian Archipelago. Sabah and<br />

Sarawak, the States of East Malaysia, lie 600km to the east<br />

across the South China Sea.<br />

A central mountain range divides Peninsular Malaysia with<br />

coastal plains on either side. Most of the population lives<br />

in the plains and foothills of the western coast along the<br />

Straits of Malacca. As for the east, it has fewer people.<br />

Primary forest covers 60 percent of Malaysia which<br />

contains diminishing but still vast timber reserves. Overall,<br />

its landmass is 328,657 sq.km which dwarfs that for the UK<br />

at 242,495 sq.km. The World Bank notes that the population<br />

grew from 7.83m in 1960 to 13.22m in 1980, 22.95m in 2000,<br />

and 33.2m in 2020.<br />

As the government outlines, based on 2016 data, the<br />

Malaysian population consists of multiple races, religions,<br />

and race. The largest group consist of Malays, Chinese and<br />

Indians. Orang Asli are the natives in Peninsular Malaysia<br />

and are divided into three major groups – the Negrito,<br />

Senoi and Proto-Malay. Sabah’s population consists of 32<br />

ethnic groups with the major ethnic being Kadazandusun.<br />

The Sarawak population consists of 27 ethnic groups and<br />

Iban is the major ethnic group.<br />

Brave | Curious | Resilient / www.cicm.com /<strong>January</strong> & <strong>February</strong> <strong>2024</strong> / PAGE 35<br />

continues on page 36 >

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