investing in malaysia
DESCRIPTION
The Malaysian government thinks Malaysia is a nation with 'endless possibilities'. They are many strong reasons for agreeing with their assessment. Find out more hereTRANSCRIPT
Investing in Malaysia: 10 Insights
into 'endless possibilities'
Asia 5Bringing you a flavour of businesstrends in Asia...in just 5 minutes
A Futures Coaching initiativewww.futurescoaching.com
boldness
Double page adverts in The Economist boast about Malaysia's 'Endless Possibilities' .....
& an impactful website (www.malaysia.my) shouts the reasons
why bother?
A true pluralistic society, only half the population are Malay; 22% are naturalised Chinese
20% of the country's population speak English - but this is the business language of choice
melting pot
shipped disk
Malaysia has rapidly transformed from a primary resource based economy to one based on high value exports
It is the world's biggest producer of computer disk drives
didn't know thatMalaysia has been developing its own path to success built
upon stability, a solid legal and banking system and pro-business government actions
life's a beach
10th most friendly nation (Forbes)
3rd best retirement haven (International Living Magazine)
Population growing at 1.7%
GDP forecast 2013-2015 >5%
10th best tertiary education system (INSEAD)
paying off
The strategy appears to be working!
branded
Corruption & bureaucracy slows the country
Manila's attempts to widen its roads and build its
infrastructure proceedsat a snails' pace
A growing and affluent middle class
...who appreciate brands (both the quality of foreign brands & the increasing appeal of local brands in sectors such as hygiene and health)
...and love shopping (3 of the world's largest 10 shopping malls are found in Kuala Lumpur)
british connection
The UK is Malaysia's largest market in Europe; and English football, one of their great passions
Bi-lateral links see Tesco, Dyson, GSK & HSBC with bases there, whilst the Lotus car brand is
now owned by Malaysian Proton
etiquette
Oh! Oh!
You heard that giving a small gift to your Malaysian host is commonplace
But didn't you know that white wrapping paper denotes mourning!?
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