Convenience and sensibility are at the heart of coworking in Malaysia. Startups, freelancers, lean corporations, and thriving businesses alike continue to seek out new and exciting workspaces that suit their company’s needs and fit reasonable budgets.
Built to accommodate a diverse pool of professionals with various needs, Kuala Lumpur’s edgy coworking spaces are charged with passion and bristling with the capital’s creative workforce.Read more
Image source: https://en.wikipedia.org/wiki/Petronas_Towers
Identified as one of the Top 20 in Ease of Doing Business by the World Bank Group, Malaysia’s business environment is conducive to starting and operation for local firms. A flourishing of successful young professionals in booming industries also adds to the supportive ecosystem of the country. According to the Malaysian Investment Development Authority (MIDA), in 2015, due to a focus on quality job creation and higher income generation, the country received RM150.6 billion in direct domestic investment and RM36.1 billion in foreign direct investment. The amount was primarily distributed between two main verticals: 57.9% went towards the country’s service sector, while the manufacturing industry attracted 40% of investments.
The Philippines has gained traction as a dynamic emerging market, with gradual financial developments leading to greater investment opportunities. A known powerhouse in the business process outsourcing industry, the country continues to be a strong performer in Asia, managing upward forecasts of 6% GDP growth for 2016 and 2017, according to both IMF and ADB. Focused investments implemented through the private sector, sensibly budgeted infrastructure, and public-private partnership projects, together with an astutely skilled labor force have contributed to the Philippines’s intensifying global competitiveness.