Malaysia's Business Performance to Increase

Updated on Monday 05th March 2018

According to a report presented by MIDF Research, Malaysia’s business performance is expected to increase in 2018, following the positive evolution recorded during the previous year. The Business Tendency Survey issues by MIDF highlighted an increase of the GDP over the course of 2018 as well as an optimistic evolution trend for the country’s external trade performance. Our team of lawyers in Malaysia highlights the main positive trends of 2017 and 2018 and can help you open a company in the country.

Positive GDP growth in 2017

Malaysia’s business performance is likely to continue to grow at a steady pace during 2018, during what is believed to be a continuation of the positive evolution during the final months of the previous year. A Report published by MIDF Research indicates that the GDP growth for the first quarter of 2018 is likely to rise above 5.5 percent, especially if the business confidence index continues to maintain a two-digit value.

The researchers also highlighted the fact that GDP growth in the final quarter of 2017 exceeded the expectations and expanded by 5.9 percent when compared to the same period in 2016. This is a 5.8 percent increase compared to the market expectations. Private consumption is believed to have been the main pillar for this positive GDP growth at the end of 2017.

Exports advancement 

The Report also highlighted the fact that Malaysia’s exports increased by 18.9 percent in 2017 and the final trade surplus grew by 10.3 percent, to a value of 97.25 billion RMN. Imports also rose by 7.9 percent. The values reported are on a year-on-year basis and were calculated for the final quarter of 2017. The Report concludes that Malaysia’s trade performance for 2018 will remain positive and will continue to expand.

Our team of lawyers in Malaysia can provide companies with complete legal advice regarding the import and export regulations. 

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