Malaysia has quietly emerged as an attractive investment destination in recent years with its strong business infrastructure, position as a gateway to regional and global markets, abundant natural resources and multilingual talent pool. The Asia-Pacific country's economy has been on an upward trajectory since 2010, averaging an annual growth of 5.4%, and is on the path to becoming the fastest growing economy in the ASEAN-5.
Once dominated by production of raw natural resource materials like tin and rubber, Malaysia has diversified its economy to become a leading exporter of electrical appliances, electronic parts and components, and natural gas. Malaysia remains one of the most open economies in the world and is keen to attract FDI and promote high-value manufacturing. Its business-friendly government offers tax breaks in industries such as advanced electronics, medical devices, biotechnologies, and green technologies.
Malaysia is also one of Asia's wealthiest emerging economies. Within ASEAN, its GDP per capita ranks third, behind only Singapore and Brunei. It is expected to achieve its transition from an upper middle-income economy to a high-income economy by 2024.
The attractive terms of the Malaysia My Second Home (MM2H) Scheme have also helped to make the country a popular investment and retirement destination.
At this webinar on 10 June, Ezzwanee Ahmad, MATRADE Trade Commissioner, together with Janice Chew, Principal at JC Legal, Nick Siew, Associate Director and Partner at Hartamas Real Estate Hong Kong and Suhaimi Bin Ilias, Chief Economist at Maybank Group, will help members understand more about Malaysia's economy and investment climate.
Ahmad will brief members about the latest trade and investment opportunities in Malaysia. Chew will talk about how to set up a business in the country, and give details about the employment, legal and taxation policies there. Siew will share on industrial parks and commercial properties in Malaysia as well as the MM2H scheme. Lastly, Suhaimi will give members an analysis of Malaysia's macroeconomic performance.
This is an invaluable opportunity to get a full picture of the investment opportunities in Malaysia – register now!