E-Newsletter October 2017
We all know that ASEAN economies are recognised as one of the fastest growing economy bodies in the Asia Pacific. Being strategically located in the heart of ASEAN, Malaysia provides tonnes of investment opportunities. Malaysia is well positioned to weather the current challenges despite the uncertainties in the global economy. In the past few months, even in this unsettled times for the global economy, Malaysia sees a healthy economic growth with increased productivity and competency.
Saudi Arabia Joins 3E Accounting International Network
September is another exciting month for 3E Accounting International Network – we are delighted to have a new member to join our International Network: Saudi Arabia. Saudi Arabia has made a very good addition to our global network due to its thriving oil-based economy. In fact, Saudi Arabia is the largest free market economy in the Middle East and North Africa. The vibrant investment climate, economic stability as well as the modern world-class infrastructure is the important factors that attract many foreign investors into the country. We are pleased to see the development of the International Network where it has further cemented our position as the leading global network with a strong foundation.
Successful Event Reveals Now is the “Golden Age to Venture into Malaysia”
Another notable achievement that worth celebrating was the event that brought together high-profile speakers and investment profession: “Golden Age to Venture into Malaysia”.
Featuring influential presenters like Soh Kar Liang, Managing Director of Ella Cheong LLC, Zhou Shuping, Associate Director, Global Enterprise Banking of OCBC Bank; and Andrew Gam, Adult Certified Trainer, ACTA and Senior Business Advisor of SME Centre @ASME, the event helped attendees to find out why Malaysia is rising as the investment hotspot. They offered actionable tips about the ins and outs of invest in Malaysia. Attendees were presented with strategies to leverage the resources and business opportunities in Malaysia as well as industry updates of GST system, tax system and government incentives in Malaysia; issues such as employment issue, commercial properties, business license as well as the company incorporation in Malaysia.
Despite the less than optimistic external economic environment, Malaysia’s economic fundamentals remain strong. In fact, Malaysian economy had steadily grown over the past months, underscoring the robustness of the economy with noticeable achievement even during the challenging time. Going forward, I am positive that Malaysian economy will continue to grow, and 3E Accounting Malaysia will continue our professional service to serve every one of you to keep up with the thriving economy.
Thank you all for your continued support, which I greatly appreciate and cherish.
Read More in our E-Newsletter October 2017.