Economy is growing fast. mainly on the strength of double-digit export growth and continued government fiscal stimulus. As oil exporter Malaysia also benefits from high petroleum prices. An economic slowdown in key Western markets, especially the US and lower world demand for electronics products would put brakes on the economy. Another problem might arrive from failure to make substantial progress on key reforms of the corporate and financial sectors as up to now. Still this country is interesting for you as the average income is with $10,300 high. Its national income stems from agriculture 14% industry: 44% and services: 42%, which shows that Malaysia is highly developed. Unemployment rate is low and demand for labor is high especially in services. Its trade balance is going on to be positive and its currency reserves are high allowing further growth.
The country needs farm workers for its rubber and oil palm processing and manufacturing, if you know something on hard and soft ware you may be of demand as well. Malaysia is also a country with many immigrants and if you are student it can be also interesting for you. Mind you if you succeed to stay one year in Malaysia as a student you can go further to Europe. By the way living costs are low.