MALAYSIA has 14 federal public holidays that are observed nationwide. Apart from that, each state has additional days to mark significant dates and festivals, adding up to 18 days per state. After deducting the scheduled holidays, the number of working days in Malaysia, including Saturdays and Sundays, are around 350 days a year.
Malaysia’s GDP is estimated to be around RM4.8bil a day. Any unsche-duled public holiday means Malaysia loses RM4.8bil for that day; also, the estimated salary cost for one additional public holiday in Malaysia is about RM1.5bil.