INVESTING IN KUALA LUMPUR, MALAYSIA
Over the years, Malaysia have manage to attract Fortune Global 500 company to invest and establish their regional or global operations here. Multinationals companies including Airbus Group (EADS), Sclumberger, Procter & Gamble Co., ExxonMobil, Halliburton, Volkswagen, Toyota, Shell, Intel, DHL, BMW, IBM, Dell, Western Digital, Citibank, HSBC Bank, Ocbc Bank, Philip Morris, Prudential, Tesco, Allianz, Ikea, Colgate-Palmolive, British American Tobacco, GlazoSmithKline, PayPal, Tricor Group, and Nokia.
.
Over the years, Malaysia have manage to attract Fortune Global 500 company to invest and establish their regional or global operations here. Multinationals companies including Airbus Group (EADS), Sclumberger, Procter & Gamble Co., ExxonMobil, Halliburton, Volkswagen, Toyota, Shell, Intel, DHL, BMW, IBM, Dell, Western Digital, Citibank, HSBC Bank, Ocbc Bank, Philip Morris, Prudential, Tesco, Allianz, Ikea, Colgate-Palmolive, British American Tobacco, GlazoSmithKline, PayPal, Tricor Group, and Nokia.
.
Is it worth to Invest your Business or Property in Malaysia?
Well, the value-driven real estate market with sustainable growth potential has made Malaysia an attractive property investment destination and option for investors.According to Bank Negara, Malaysia's economy for the 3 months to June grew to 6.4%. A Reuters poll of economists had expected the country's gross domestic product (GDP) growth to slow pace of 5.8% in the second quarter of the year. Malaysia's economy remained on a steady path in the first quarter of 2014 by registering a growth of 6.2%, which also took the market by surprise, as the then consensus estimate for a 5.7% growth driven by higher consumer and business spending. Supported by a market-oriented economy and pro-business Government policies, Malaysia offers investors a dynamic and vibrant business environment with the ideal prerequisites for growth and profits. Malaysia's economic growth has once again trumped the market, with (GDP) accelerating faster than expected and at the highest pace in 6 quarters, thanks to the strong export growth and robust private domestic demand. In response to the higher growth rate for the second quarter, Credit Suisse and Bank of America Merrill Lynch (BofAML) have upgraded their 2014 GDP growth forecasts for Malaysia to 5.9% and 5.7% respectively, from their earlier forecasts of 5.3%. During the second quarter, private investment in Malaysia grew 12.1%, supported by the services and manufacturing sectors, while private consumption rose 6.5%. Public sector expenditure, on the other hand, fell, with investment falling 3.3% and consumption declining 1.3%.In the external sector, net exports grew 8.8%, while net imports increased 3.9%. Malaysia's key strengths include well-developed infrastructure and productive workforce. A politically stable country with a strong legal system and Malaysia also provides attractive incentive for investors.
Strategically located in the heart of South East Asia, offers a cost-competitive location for investors intending to set up offshore operations for the manufacturer of advanced technological products for regional and international markets. Just 5-8 hour flight radius to region's key business centres including Beijing, Hong Kong, Bangalore, Dubai, Seoul, Melbourne, Sydney, Shanghai, Taipei, and Tokyo.
These are the main reasons why foreigners still favored Malaysia over Dubai, Turkey, Vietnam, Brunei, Singapore, or Indonesia. At the micro level, the country made tremendous progress, providing stability in politics, economic growth and with on-track performances in achieving the Economic Transformation Program (ETP).
Malaysia's Transformation Program
Traditionally commodities-dominated and Government-driven, Malaysia's economy is now in transition. Confronted by the pressure of a contracting global economy and the threat of being caught in the middle-income trap, in 2010 the Malaysian Government unveiled the New Economic Model (NEM) that was needed to tranform Malaysia into a high-income nation by 2020. As a result in 2010, the National Transformation Programme (NTP) was unveiled to implement the NEM. The NTP comprises 2 components: the Economic Transformation Programme (ETP) and the Government Transformation Programme (GTP). While distinct, the two programmes work in tandem towards reaching the country;s aspirations for 2020. The implementation and monitoring of the ETP and GTP are overseen by the Performance Management and Delivery Unit (PEMANDU), which was established in September 2009 as a unit within the Prime Minister's Department. In the meantime, the ETP has helped revitalise the Malaysian economy, boosting its productivity and global competitiveness. This has allowed the country to maintain consistent GDP growth upwards of 5% from 2010-2012, despite the continued lethargy in the global economy. in 2013, Malaysia's economy recorded GDP growth of 4.7%.
The ETP's focus on private sector-led growth has also fuelled private investment in the country, which has more-than-tripled since the start of the programme. This growth trajectory has placed Malaysia firmly on track to achieve its GNI target for 2020. As at the end of 2013, the country's GNI has already risen 42.5% to US$ 10,060 from US$ 7,059 in 2009. Projections also indicate that the country could reach its high-income target of US$ 15,000 in GNI per capita earlier than 2020. Source from etp.pemandu.gov.my
From high-end couture to ethnic handicrafts and the internationally acclaimed pewter ware, Malaysia has it all. Enjoy the comforts and convenience of shopping in air-conditioned malls and hypermarkets. Besides shopping, families have a choice of watching a movie in cinema, having fun at the bowling alley or enjoying the sumptuous spread at the food court. Shoppers can also browse for interesting curios on display at the weekly flea markets. Join in the excitement of haggling at the night markets, an interesting feature of local life. The best time to enjoy fantastic discounts and special offers is during the annual Mega Sales.
Hi-Tech Telecommunications
Malaysia's telecommunications network has seen impressive expansion and upgrading during the past decade following the successful privatisation of its Telecommunications Department. The latest digital and fibre-optics technology is being used to provide high quality telecommunication services at competitive prices. Under the Equal Access Regime, telephone subscribers in Malaysia can choose from five network services providers for a full range of local, domestic and international services encompassing voice and 4G data facilities. There are also 6 internet providers and 5 telco's and other network facilities services supporting a full range of domestics and international services. Source from MIDA
.
Malaysia's telecommunications network has seen impressive expansion and upgrading during the past decade following the successful privatisation of its Telecommunications Department. The latest digital and fibre-optics technology is being used to provide high quality telecommunication services at competitive prices. Under the Equal Access Regime, telephone subscribers in Malaysia can choose from five network services providers for a full range of local, domestic and international services encompassing voice and 4G data facilities. There are also 6 internet providers and 5 telco's and other network facilities services supporting a full range of domestics and international services. Source from MIDA
.
Ample investment and business opportunities
As a regional Hub of Excellence, Malaysia's offers a good environment and business opportunities for several emerging sectors as highlighted below. World-class and Small Medium Enterprise (SME) can make Malaysia part of their strategic business location to have Regional Operation and Marketing Branches here.
As a regional Hub of Excellence, Malaysia's offers a good environment and business opportunities for several emerging sectors as highlighted below. World-class and Small Medium Enterprise (SME) can make Malaysia part of their strategic business location to have Regional Operation and Marketing Branches here.
Freedom to practice own culture and religion
Living in Malaysia is a multi-lingual society. However, the Malay language (Bahasa Melayu) is the national language of the country; English is the second language but other languages can be freely used and practiced. Similarly the Malay culture is dominant in the country because the Malays are the dominant race in Malaysia and in the region. But other cultures or religion can be practiced very freely and there is a free intermingling of different cultures.
Living in Malaysia is a multi-lingual society. However, the Malay language (Bahasa Melayu) is the national language of the country; English is the second language but other languages can be freely used and practiced. Similarly the Malay culture is dominant in the country because the Malays are the dominant race in Malaysia and in the region. But other cultures or religion can be practiced very freely and there is a free intermingling of different cultures.
Competitive business cost
High-value work activities at competitive cost. Employee compensation is up to 75% lower than that of the U.S. Prime office rent is amongst the lowest in the region, average rate RM7 per sq ft or USD2.25 per sq ft per month in prime locations. Global Office Forecast 2013-2014” dated December 2012 said Kuala Lumpur will continue to offer the lowest rental per square foot in the class A/prime rents in 2013 and 2014 in comparison to neighboring countries like Singapore, Jakarta and Bangkok. Low and stable inflation rates over the past two decades. As at May 2013, Malaysia’s inflation rate stands at 1.8%.
High-value work activities at competitive cost. Employee compensation is up to 75% lower than that of the U.S. Prime office rent is amongst the lowest in the region, average rate RM7 per sq ft or USD2.25 per sq ft per month in prime locations. Global Office Forecast 2013-2014” dated December 2012 said Kuala Lumpur will continue to offer the lowest rental per square foot in the class A/prime rents in 2013 and 2014 in comparison to neighboring countries like Singapore, Jakarta and Bangkok. Low and stable inflation rates over the past two decades. As at May 2013, Malaysia’s inflation rate stands at 1.8%.
Quality living at affordable cost
PR1MA homes come in various types and sizes within an integrated community; sensibly designed to suit different household needs. Priced between RM 100,000 to RM 400,000, you can now own a home that is well within your reach. Earmarked for development in key strategic urban areas nationwide, PR1MA is open to all Malaysians with a monthly household income between RM 2.500 to RM 10,000.
Malaysia My Second Home (MM2H) Programme
This special programme is promoted by the Goverment of Malaysia to allow foreigners who fufill certain criteria, to stay in Malaysia for as long as possible on a multiple-entry social visit pass.
The Social Visit Pass is initially for a period of ten (10) years, and is renewable.
Eligibility
It is open to citizens of all countries recognized by Malaysia regardless of race, religion, gender or Age. Applications are allowed to bring their spouses and unmarried children below the age of 21 as dependants.
Government Support
This programme is initiated, organised and launched by the Malaysian Government and is thus one that the Government will continuously seek to improve, to ensure its success.
Food & Fruits
International cuisine is available here at very reasonable cost. With so many races and cultures living together in harmony, it is understandable that each race has picked up the best of each other's food and made Malaysia into Asia's Food Paradise.
The tropical fruits in Malaysia are unique, exotic and available in abundance when the seasons arrive. It should be real joy to savour these fruits.
Weather
Located near the equator, Malaysia's climate is categorize as equatorial, being hot and humid throughout the year. The average temperature is 27 °C (80.6 °F). The climates of the Peninsula and the East differ, as the climate on the peninsula is directly affected by wind from the mainland, as opposed to the more maritime weather of the East.
PR1MA homes come in various types and sizes within an integrated community; sensibly designed to suit different household needs. Priced between RM 100,000 to RM 400,000, you can now own a home that is well within your reach. Earmarked for development in key strategic urban areas nationwide, PR1MA is open to all Malaysians with a monthly household income between RM 2.500 to RM 10,000.
Malaysia My Second Home (MM2H) Programme
This special programme is promoted by the Goverment of Malaysia to allow foreigners who fufill certain criteria, to stay in Malaysia for as long as possible on a multiple-entry social visit pass.
The Social Visit Pass is initially for a period of ten (10) years, and is renewable.
Eligibility
It is open to citizens of all countries recognized by Malaysia regardless of race, religion, gender or Age. Applications are allowed to bring their spouses and unmarried children below the age of 21 as dependants.
Government Support
This programme is initiated, organised and launched by the Malaysian Government and is thus one that the Government will continuously seek to improve, to ensure its success.
Food & Fruits
International cuisine is available here at very reasonable cost. With so many races and cultures living together in harmony, it is understandable that each race has picked up the best of each other's food and made Malaysia into Asia's Food Paradise.
The tropical fruits in Malaysia are unique, exotic and available in abundance when the seasons arrive. It should be real joy to savour these fruits.
Weather
Located near the equator, Malaysia's climate is categorize as equatorial, being hot and humid throughout the year. The average temperature is 27 °C (80.6 °F). The climates of the Peninsula and the East differ, as the climate on the peninsula is directly affected by wind from the mainland, as opposed to the more maritime weather of the East.
The Malaysian property market remains strong, although the rate at which property prices in Klang Valley continue to rise is now beginning to slow down, this is due to stricter lending guidelines that local bank recently imposed the 70% loan cap on the margin of financing for one's third property onwards, and the revised real property gains tax (RPGT) rate of 15% for properties sold within 2 years and 10% rate for properties sold between 2 to 5 years. Banks new ruling now are using net income instead of gross income to calculate the debt service ratio for applying loans.
source from iproperty.com.my
Commitment to make Malaysia more competitive
The 2015 Budget demonstrates the government's resolve in making Malaysia a more sustainable and competitive marketplace while increasing capital market activities. said top industry executives.
Khazanah Nasional Bhd managing director Tan Sri Azman Mokhtar said in articulating the distinction between capital economy and the "EKR" (Ekonomi Keperluan Rakyat, or the People Economy), the budget has asked the most important economic question of our time - how to balance in a progressive, equitable and sustained manner.
Bursa Malaysia Bhd chief executive officer Datuk Tajuddin Atan is pleased to see once again a capital market announcement, in which Malaysian Government Securities and Government Investment Issues will be listed and traded on Bursa Malaysia.
Malaysian Investment Banking Association chairman Tan Sri Azman Hashim said being the last budget of the 10th Malaysia Plan, the emphasis is to strengthen the growth momentum of the economy while reinforcing sustainable fiscal governance, strengthening human capital and bringing prosperity to the rakyat (citizen).
Towards this end, efforts are being centred to work closely between the capital economy and people's economy, he added. RHB Capital Bhd economist Lim Chee Sing said the budget is pro-growth and ensures fiscal sustainability. He said it will also ensure a smooth transition to the 11th Malaysia Plan, which will cover the final crucial leg in the country's transformation into a high-income nation by 2020.
Employee Provident Fund (EPF) head of economics and capital markets, Nurhisham Hussein, said the housing scheme for first-time house buyers is expected to enable them to diversify their investments and prepare for retirement.
source from iproperty.com.my
Commitment to make Malaysia more competitive
The 2015 Budget demonstrates the government's resolve in making Malaysia a more sustainable and competitive marketplace while increasing capital market activities. said top industry executives.
Khazanah Nasional Bhd managing director Tan Sri Azman Mokhtar said in articulating the distinction between capital economy and the "EKR" (Ekonomi Keperluan Rakyat, or the People Economy), the budget has asked the most important economic question of our time - how to balance in a progressive, equitable and sustained manner.
Bursa Malaysia Bhd chief executive officer Datuk Tajuddin Atan is pleased to see once again a capital market announcement, in which Malaysian Government Securities and Government Investment Issues will be listed and traded on Bursa Malaysia.
Malaysian Investment Banking Association chairman Tan Sri Azman Hashim said being the last budget of the 10th Malaysia Plan, the emphasis is to strengthen the growth momentum of the economy while reinforcing sustainable fiscal governance, strengthening human capital and bringing prosperity to the rakyat (citizen).
Towards this end, efforts are being centred to work closely between the capital economy and people's economy, he added. RHB Capital Bhd economist Lim Chee Sing said the budget is pro-growth and ensures fiscal sustainability. He said it will also ensure a smooth transition to the 11th Malaysia Plan, which will cover the final crucial leg in the country's transformation into a high-income nation by 2020.
Employee Provident Fund (EPF) head of economics and capital markets, Nurhisham Hussein, said the housing scheme for first-time house buyers is expected to enable them to diversify their investments and prepare for retirement.
Infrastructure in Malaysia is designed to serve the business community and it is one of the best in South East Asia. Telecommunications network served by digital and fibre optic technology. There are eight international airports, all with modern air-cargo facilities. The major highways are well maintained and eighteen international seaports make Malaysia an ideal springboard to the Asia-Pacific Market.
Source from Business Times - Sat, Oct 11, 2014
No comments:
Post a Comment