Rokjok777

Ten Reasons to Invest in Malaysia

I'm a bit sceptical as well, I travel to do business in Malaysia frequently and while it has promise and yes there was less reckless lending, it still has quite a few structural problems before it becomes anywhere near as vibrant as Vietnam or Singapore or China. Corrupt business practices are still widespread, mostly they just cause delay. It seems you always need to "hire" a "bid manager" if you're competing for a large contract, usually that's a relative of a top official somewhere. He (she) skims a few percent off the top. Next, the "bid manager" hires a partner company, his crony, who also takes a few percent. Often there even a third company between seller and buyer. Not only is this corrupt and non-transparent, it also injects lots and lots of delay as paper bags (or the equivalent) full of cash are transferred.
Tourism is probably a pretty good industry but stories of girls receiving 20 lashes for the crime of drinking a beer at a resort don't help much. See William Pesek's recent article on Bloomberg for additional views...they recently cancelled Beyonce's show but that's the least of their worries.
Overall 6 out of 10, IMO.