The size of the Malaysia Facility Management Industry market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.54% during the forecast period.Facility management is the coordination of multiple services to provide a functional and efficient built environment. It looks into managing space, equipment, and resources to effect a comfortable, productive, and sustainable workplace. The FM industry in Malaysia is indeed booming, with all the positive momentum coming from Malaysia's economic development, urbanization, and more significant focus on corporate real estate. FM services offered in Malaysia range comprehensively, including property management, maintenance, cleaning, security, catering, landscaping, and energy management. Kinds of organizations, small and big businesses, need FM services for the proper optimization of their operational costs, and workforce productivity, as well as the overall quality of the workplace. Service providers in the Malaysian FM industry come in a variety of forms, with international firms and local companies making up the majority of available service providers. This is supplemented by professional organizations like the Malaysian Association of Facility Management (MAFM), which adopts best practices in standards for better development. While the future of the FM industry looks promising in Malaysia, with growing demands for more integrated FM solutions and escalating importance toward sustainability, FM will continue to grow as an option for effective service provision as businesses become more complex and globalized. Malaysia will continue to form part of the key markets for providers of FM services. Recent developments include: January 2023: AWC Berhad has announced entered into a memorandum of understanding (MOU) with an Indonesian company PT Bintang Timur Investama, to jointly explore investment opportunities in renewable and green energy in Malaysia., August 2022: CBRE Group Inc. acquired E2C Technology, an AI/ML data-driven technology company, expects to improve and differentiate its facilities management service offering and unlock significant value for the clients through various cost-effective operational reliability and technical excellence, sustainability solutions, and enhanced workplace experiences.. Key drivers for this market are: Growing Trend Toward Commoditization of FM, Increasing Investments on Infrastructure Developments; The Rise in Digital Technology Drives the Facility Management Market. Potential restraints include: Diminishing Profit Margins and Ongoing Changes in Macro-environment. Notable trends are: The Rise in Digital Technology Drives the Facility Management Market.

The Global Gender Gap index score for Malaysia in 2024 was ****, with a score of 1 being absolute parity and a score of 0 being absolute disparity. This showed a slight decrease from an index score of **** in the previous year. Out of 146 countries included in the gender gap index globally, Malaysia ranked 114th. Malaysia trails behind in Southeast Asia In the Southeast Asia region, Malaysia fell behind in its gender equality, compared to neighboring ASEAN countries like the Philippines and Singapore. The two countries scored **** and **** in the gender gap index in 2024, respectively, among the highest gender equality in Asia Pacific. More women at work One of the largest factors that contributed to gender disparity in Malaysia was women’s participation in the workforce. In 2023, the labor force participation rate for men was **** percent. Their female counterparts, however, only had a labor force participation rate of **** percent. This was likely caused by society’s expectations for women to mainly take care of their family or children. In an effort to change this perception, the Malaysian government announced in October 2024 some initiatives in the Budget 2025 that were targeted to increase women empowerment and encourage more women in the workforce.

The youth unemployment rate in Indonesia saw no significant changes in 2024 in comparison to the previous year 2023 and remained at around 13.14 percent. The youth unemployment rate refers to the share of the economically active population aged 15 to 24 currently without work but in search of employment. The youth unemployment rate does not include economically inactive persons such as the long-term unemployed or full-time students.Find more key insights for the youth unemployment rate in countries like Malaysia and Singapore.