Multinational companies whose operations are borderless have to consider the history and cultural variability so that they can develop cultural understanding. Often, many foreign investors find the major cultural constraints encountered include local attitudes, taste preferences, religion, language, management style, skills, personalities, education, etc. In view of this, it’s important for multi-national companies to understand the history, culture as well as other aspects in life so that they can mold their business actions in accordance with the local cultural models.
Malaysia has seen steady economic growth over the years with its vibrant business climate, upgraded facilities and improved tax system for entrepreneurs. It is one of the top performers in the region in terms of the efficiency and quality of business regulations, attracting many foreign investors to do business in the country. However, doing business in Malaysia is not just about incorporating a company, but also about adapting the lifestyle and culture of the country.
History and Culture of Malaysia
Every society has its own “cultural themes,” which have a substantial impact on how that culture does business. Once a British colony, Malaysia is a nation rich in vibrant cultures. The multi-racial society, that consists of Malay, Chinese, Indian and other ethnic groups, is the impetus behind its rich cultures. This has led to vast diversity in local architecture, religion, language, and cuisine. To help you to understand more about the history and culture of Malaysia, we have compiled the information for you:
On top of this, another important factor in development is geography, where the country is in the world, and climate. Malaysia, as the country that sits on the heart of Southeast Asia, observes tropical climate with high humidity and rainfall. Though the factor of climate might sound miscellaneous to many people, a basic knowledge of the climate and weather will help you to succeed in your business!
Get a sneak preview of the Malaysia’s weather and climate here: Malaysia’s Weather and Climate.
What else you need to know?
Other than understanding the history, culture and business opportunities in Malaysia, you might also want to research the best location and rental of business office in Malaysia. That is because your business’s location is the key to ensure the successful operations and overall growth. To help you with this, we have compiled the information for your reference: Renting a Business Office in Malaysia.
Last but not least, don’t forget to include this into your research list before you start your business in Malaysia: SSM Offices & Locations in Malaysia.
A snapshot of what you will be getting from here: