Doing Business in Malaysia
Expats planning on doing business in Malaysia are strongly urged to research some of the cultural complexities associated with this ethnically diverse country. Although the Malaysian business world has largely succeeded in establishing a unified ethos, it is important for expats to understand that they might deal with people from a broad range of backgrounds (Malay, Chinese and Indian being the most common) and expectations and conduct might need to be adjusted accordingly, depending on who one is doing business with at the time.
Overall though, Malaysia is a diverse, welcoming society and is accepting and friendly towards foreigners. The ease with which one can do business in Malaysia is demonstrated in its rankings in numerous international business surveys. As an illustration, Malaysia came sixth (out of 189 countries) in the World Bank's Ease of Doing Business Survey for 2014, an improvement from its 2013 ranking of eighth. Malaysia particularly excelled in the criteria of getting credit (where it is ranked first), and protecting investors (where it is ranked fourth).