Malaysia seen among world's top markets
Global investors have pinpointed Malaysia as one of the top markets, according to a report published by UK Trade and Investment and Economist Intelligence Unit
In a statement in Kuala Lumpur yesterday, the British High Commission in Malaysia said the report, "Great Expectations: Doing Business in Emerging Markets", was based on a survey of more than 520 global executives from every sector.
It said the respondents are doing business in emerging markets or planned to do so in the next two years.
The report offers new insights from international investors on which markets they see as global growth engines of the future.
UK Business secretary Vince Cable, launched the report in London yesterday.
Director of trade and investment at the British High Commission in Malaysia, Trevor Lewis, said the British companies that already had a presence in Malaysia would testify that Malaysia is a good place to do business.
"We are hopeful the New Economic Model will attract even more British firms to Malaysia, which is a great base from which to grow business in this dynamic region," he said.
Lewis said bilateral trade between Malaysia and the UK has bounced back in the first half of this year.
"According to UK Customs and Revenue, Malaysian visible exports to the UK from January to July 2010, were valued at STG911 million (RM4.3 billion), an increase of 11 per cent year-on-year.
"UK visible exports to Malaysia for the same period were valued at STG603 million (RM2.8 billion), an increase of 21 per cent," he said.
He said all things considered, bilateral trade between the UK and Malaysia is healthy.
"We hope the positive findings from this survey will lead to even stronger trade and investment links," he said.
The survey shows that investors viewed emerging markets as sources of new consumer demand and new business growth.
It shows that emerging markets beyond Brazil, Russia, India and China collectively offer an opportunity too big to ignore. - Bernama
It said the respondents are doing business in emerging markets or planned to do so in the next two years.
The report offers new insights from international investors on which markets they see as global growth engines of the future.
UK Business secretary Vince Cable, launched the report in London yesterday.
Director of trade and investment at the British High Commission in Malaysia, Trevor Lewis, said the British companies that already had a presence in Malaysia would testify that Malaysia is a good place to do business.
"We are hopeful the New Economic Model will attract even more British firms to Malaysia, which is a great base from which to grow business in this dynamic region," he said.
Lewis said bilateral trade between Malaysia and the UK has bounced back in the first half of this year.
"According to UK Customs and Revenue, Malaysian visible exports to the UK from January to July 2010, were valued at STG911 million (RM4.3 billion), an increase of 11 per cent year-on-year.
"UK visible exports to Malaysia for the same period were valued at STG603 million (RM2.8 billion), an increase of 21 per cent," he said.
He said all things considered, bilateral trade between the UK and Malaysia is healthy.
"We hope the positive findings from this survey will lead to even stronger trade and investment links," he said.
The survey shows that investors viewed emerging markets as sources of new consumer demand and new business growth.
It shows that emerging markets beyond Brazil, Russia, India and China collectively offer an opportunity too big to ignore. - Bernama
Malaysian companies are among the most active in the preparation of the global economic recovery, compared with firms in other markets globally.emerging is expected to boost the global economy because they were less affected by the recession and recovery has been more with high growth rates over the next two years should be double that of more mature economies.
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