Standard Chartered survey: Taiwanese companies pick Malaysia as top three most promising growth market | Malay Mail

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Standard Chartered survey: Taiwanese companies pick Malaysia as top three most promising growth market

KUALA LUMPUR, Sept 8 — Taiwanese companies focusing on Asean have identified Malaysia as among the top three most promising market for further expansion in the next 12 months.

“We believe more Taiwanese businesses will find Malaysia to be a highly attractive proposition, particularly for our growing capacity in major industries and segments such as chemical, high-tech medical devices and biopharmaceuticals, and renewable energy. According to the survey, Taiwanese companies believe that Singapore, the Philippines, and Malaysia offer the best expansion opportunities for sales and production.

Surveyed Taiwanese companies are currently conducting manufacturing and sales activities across all Asean-6 markets comprising Malaysia, Indonesia, the Philippines, Singapore, Thailand, and Vietnam.

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