Malaysia is a South-East Asian nation consisting of sections on the Malay Peninsula and on the island of Borneo, with the South China Sea lying between them. Malaysia’s population of over 30 million works in the world’s 20th most competitive economy (as of 2014-15), with a PPP GDP of $747 billion, making it the third largest in ASEAN and the 28th largest worldwide. Malaysia’s newly-industrialised market economy has consistently posted impressive gains, averaging 6.5% growth per annum over the period 1957-2005.
The ASEAN IPR SME Helpdesk takes a look ahead towards the ASEAN Economic Community (AEC) in 2015. Is this the beginning of a new era for foreign companies in Southeast Asia or business as usual?