10 April 2013

Malaysia Opportunities with Taiwan


Another south east Asia countries is Malaysia...
They have two main land, near Singapore called Peninsula Malaysia and near Kalimantan island, Indonesia, called Sabah and Serawak.


Their population around 28 million people and the nominal GDP increasing to 936.8 in 2012.
Most people is Muslim in Malaysia. So, they know well about Halal products and that's make the food industry increase.

The SMEs have several problem, one of them is they have not enough ready labor to go through industry even tough they have much productive people in age range 25 - 60.

They have low productivity, technology, the infrastructure not really supporting, and also the government is not really supporting the SMEs in Malaysia.

The vision of SME Development framework in Malaysia is Creation of globally competitive SMEs across all sectors that enhance wealth creation.

Malaysia focus in 11 business sectors :
- tourism
- business service
- oil, gas, and energy
- electrical
- education
- agriculture
- communication content and infrastructure
- palm oil
- healthcare
- financial service
- wholesale and retail

Malaysia strongly cooperate with following members :- Singapore
- Indonesia
- Thailand
- Philippines
- Vietnam

 The most trade products export is from electrical sector.

Malaysia have visa free-access between Taiwan and Malaysia and budget airlines also cheaper. The investment between Taiwan and Malaysia also quite high but still below Germany.
The industries investment focus on electrical suppliers, metal, iron, machinery parts, petroleum gas, motor electronic products, etc.

Malaysia has a lot of SMEs which has great potential to be market leader but the lack of capital.

Taiwan wants to venture in the halal food industry so that's why Malaysia can export their alal products to Taiwan. And also there are many Muslim registered in Taiwan also.
Taiwan good at technology, so maybe Taiwan can export their technology like a high way, fiber network, etc to Malaysia to develop their infrastructure.

Chain stores, health care service, and solar power are the future project of Malaysia.

The most promising sectors between Malaysia and Taiwan is electronic device and halal food. Malaysia can be a gate for Taiwan to enter Middle East market.
Another sector could be in Health sector. because health sector need a high technology products. And Taiwan good at technology things.
Intan Web Developer

A Wife and PhD candidate to-be in National Taiwan University of Science and Technology. Dreamer, Writer, Traveller, and Tech Addict. Like to travel everywhere and experience anything.

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