European, US firms see Malaysia as second most favourable country in Southeast Asia for investment

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PETALING JAYA: European and US companies have ranked Malaysia as the second most favourable country in Southeast Asia for opportunities to establish o...

Study shows Asia remains a major growth region with over 85% foreign companies operating in this region or considering it for business activities. – AFPPIXEuropean and US companies have ranked Malaysia as the second most favourable country in Southeast Asia for opportunities to establish or expand their sourcing, selling or operations over the next six to 12 months.

The study showed Asia remains a major growth region . Africa and the Middle East also saw marginal increase as potential growth markets over the next six to 12 months. “With regulations noted as the number one concern amongst respondents looking to expand overseas, it could suggest an opportunity for Malaysia to potentially increase foreign investment through greater awareness of the ease of doing business locally,” Standard Chartered said in a statement.

 

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