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Malaysia’s retail sector is forecast to grow at three percent due to cautious consumer spending, increased subsidy rationalization and introduction of a new goods and services tax.
The overall food processing sector is growing at about five percent per year, with dairy, bakery, and processed fish products among the leading sectors.
With per capita income of over $9,152 and a middle and upper class making up 50 percent of the population, Malaysia shows good potential for growth as a market for high value consumer products.
There have not been any significant developments to report since last year’s 2015 report...
Implementation of the 10 percent biodiesel blend (B10) planned for July 1, 2016 has been postponed to the end of the year, but, realistically, Post believes it will likely be implemented in...
Malaysia has a dynamic hotel and restaurant industry. Changing lifestyles and growing middle class underpins demand.
With per capita income of over $10,800 and a middle and upper class making up 50 percent of the population, Malaysia shows good potential for growth as a market for high value consumer products.
Introduction of a 6 percent Goods and Services Tax (GST) on April 1, 2015 increased costs and discouraged transshipment of cotton from Malaysia to nearby regional markets.
Palm oil production is forecast to drop from 19.8 million tons in 2014/15 to a low of 19.5 million tons in 2015/16...
With the exception of corn, imports for wheat and rice are expected to grow marginally through 2016/17.
This is an update to Post’s Standing FAIRS Export Certificate report. No significant changes to report from the previous submission.
The overall food processing sector is growing at about 5 percent per year, with dairy, bakery, and processed fish products among the leading sectors.