malaysia predictions for 2023

Read 19 predictions about Malaysia in 2023, a year that will see this country experience significant change in its politics, economics, technology, culture, and environment. It’s your future, discover what you’re in for.

Quantumrun Foresight prepared this list; A trend intelligence consulting firm that uses strategic foresight to help companies thrive from future trends in foresight. This is just one of many possible futures society may experience.

International relations predictions for Malaysia in 2023

International relations predictions to impact Malaysia in 2023 include:

Politics predictions for Malaysia in 2023

Politics related predictions to impact Malaysia in 2023 include:

Government predictions for Malaysia in 2023

Government related predictions to impact Malaysia in 2023 include:

  • The Advanced Passenger Screening System module, which conducts an initial screening of foreign visitors by cross-checking their data with records from the Immigration Department, Royal Malaysian Police (PDRM), and International Criminal Police Organisation (Interpol) before their arrival, is implemented. Likelihood: 65 percent1
  • There are now about 7.8 million new voters in the electoral roll due to the lowering of voting age to 18. Likelihood: 90%1
  • Over 7 million new voters by 2023 if voting age lowered, says PM.Link

Economy predictions for Malaysia in 2023

Economy related predictions to impact Malaysia in 2023 include:

  • The Malaysian life insurance market grows from MYR 46.7 billion (USD $11.6 billion) in 2019 to MYR 55.4 billion (USD $13.7 billion), in terms of gross written premiums. Likelihood: 50%1
  • Malaysian life insurance market to surpass US$13 billion in 2023 – report.Link

Technology predictions for Malaysia in 2023

Technology related predictions to impact Malaysia in 2023 include:

  • The NFCP (National Fiberisation and Connectivity Plan) achieves an average mobile connection speed of 30Mbps in 98% of populated areas, up from 20Mbps in 2019. Likelihood: 75%1
  • The technology market in Malaysia reaches US$25.2 billion this year, driven by increased demand for client computing and cloud solutions. Likelihood: 50%1
  • Tech spending in Malaysia set to surpass $25B by 2023.Link
  • Malaysia needs RM21.6 billion from now until 2023 to improve internet speeds.Link

Culture predictions for Malaysia in 2023

Culture related predictions to impact Malaysia in 2023 include:

Defense predictions for in 2023

Defense related predictions to impact Malaysia in 2023 include:

  • Malaysia fully adopts the Advanced Passenger Screening System capable of screening foreign visitors before they land in the country by cross-checking their data with records from the Immigration Department, Royal Malaysian Police (PDRM), and International Criminal Police Organisation (Interpol). Likelihood: 75%1

Infrastructure predictions for Malaysia in 2023

Infrastructure related predictions to impact Malaysia in 2023 include:

  • The fully automated and driverless rail transit line among Sungai Buloh-Serdang-Putrajaya (MRT2 or SSP Line project) is complete and operational this year. Likelihood: 80%1
  • The Sabah portion of the Pan Borneo Highway project is complete this year. It is a road network on Borneo Island connecting two Malaysian states, Sabah and Sarawak, with Brunei and Kalimantan region in Indonesia. Likelihood: 50%1
  • Malaysia completes its next-generation vehicle testing facilities according to the first phase of its National Automotive Policy (NAP) established in 2019. Likelihood: 60%1
  • Malaysia airports completes construction of KLIA 3 (Kuala Lumpur International Airport 3) this year, as KLIA 1 and KLIA 2 approach full capacity. Likelihood: 75%1
  • Malaysia airports to build KLIA3 by 2023 as KLIA and KLIA2 approach full capacity.Link
  • 15 Sabah Pan Borneo Highway work packages to be completed in 2022, 2023.Link
  • Next-gen vehicle testing facilities by 2023.Link
  • Govt sets 2023 for MRT2 to be up and running.Link

Environment predictions for Malaysia in 2023

Environment related predictions to impact Malaysia in 2023 include:

  • The Primary Industries Ministry caps land used for oil palm plantations at 6.5 million hectares to maintain forest cover in Malaysia. Likelihood: 65 percent1

Science predictions for Malaysia in 2023

Science related predictions to impact Malaysia in 2023 include:

Health predictions for Malaysia in 2023

Health related predictions to impact Malaysia in 2023 include:

More predictions from 2023

Read the top global predictions from 2023 - click here

Next scheduled update for this resource page

January 7, 2022. Last updated January 7, 2020.

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