Exporting to Malaysia
Opportunities for Spanish companies in Malaysia
- After Singapore, Malaysia is the most highly-developed country in the ASEAN region.
- Significant increase in the middle class, with greater internal demand.
- Has a great deal of natural resources
- Solid financial system.
- Supply of skilled labour and professional positions under level of demand.
- Increasing production costs.
- Productivity tending to drop. A programme of reforms will be needed to make this grow.
- Economic liberalisation reforms pending materialisation.
- Opportunities involving infrastructures, industrial supplies, chemical products, electronics sector and consumer products.
- Facilities to transfer and repatriate currencies, capital, profits, dividends, interest, loan repayments, royalties, etc.
- Incentives for foreign investment and restrictions in some sectors.
- Special economic areas and customs depots available.
- Malaysia and the EU have been in negotiations (since 2010) for establishing a free trade area.
- Good growth prospects in the long term
- Major public programme of investment in new infrastructures, especially in the railway sector (Singapore and Kuala Lumpur high- speed project and projects for new underground railway lines).
- FTA Malaysia & UE agreement, in the final stage of negotiations.
Find is in Singapore at:
Keck Seng Tower, 133 Cecil Street, 09-01 A
Tel.: (+65) 6224 2707
Form of government
Elective parliamentary monarchy
Official language (22 official languages)
Malaysian ringgit (MYR)
1 euro = 4.56 MYR (January 2014)
- Islam (official religion)
- There are important Buddhist, Hindu and Taoist communities
- Christian minority (9.2%)
30 million (2013)
Banco Sabadell in Malaysia
Banco Sabadell’s relationship with the Malaysian banking system dates back to the early 1980s.
Over all this time, a close and firm relationship was built up with the majority of the banks in Malaysia, thus covering the needs of Spanish exporters.
The proximity of Banco Sabadell’s regional office in Singapore, with a presence in the country since 1990, has allowed intense collaboration to be developed in this market with both public and private sectors.
Banco Sabadell in Singapore has also strengthened its capacity for accompanying and advising companies, investors, importers and exporters in Malaysia, becoming well-known among the financial and economic community in the country itself.
- Personalised quality service meant for Spanish companies.
- Commercial advice on the market, on local banking and a wide range of financial products.
- Monitoring operations, projects and and tenders
- Advice and corporate financial structuring.