VENTURE INTO MALAYSIAThe first franchise destination for a growing and well-established market.
26th of May 2023
Here’s what you must know about Malaysia:
Economy
- Malaysia is one of the fastest-growing economies in the world.
- Malaysia is one of the largest economies in the ASEAN.
- Malaysia is an upper-middle-income economy.
- Malaysia has a very robust economy and a pro-business government. The country’s economy and politics are known for being stable due to the country’s strong legal system.
People
- Malaysia is home to over 32 million, with over 60% of the population is Muslim.
- 30.5% of Malaysia’s population is between 15 to 30 years old.
- The country is also well known for its educated workforce supply.
Opportunity
- The country’s growing affluent middle class is increasing the demand of both consumers and businesses for quality products and services.
- Home to a growing consumer base with increasing purchasing power.
- A strong legal system provides certainty and predictability for businesses.
- The infrastructure of the country is well-developed. Furthermore, its excellent transportation network with seaports, airports, and a well-connected road system also makes Malaysia an attractive market.
26th of May 2023
Join our Deal Hunter Program in Malaysia and find your matches!
Some popular brands that have entered Malaysia:
