What are the challenges?
Challenges to doing business in Malaysia
Major issues facing UK businesses include:
public procurement process not transparent
ranked in the top third of countries in the 'Corruption Perceptions Index': www.transparency.org/news/feature/corruption_perceptions_index_2016#results-table
a weak competitive environment (including policies that favour Bumiputera, the indigenous Malaysians)
an overseas exodus of Malaysian talent
You should ensure you take the necessary steps to comply with the requirements of the UK Bribery Act. See: www.gov.uk/government/publications/bribery-act-2010-guidance
See the 'Business Risk' section of this guide, and check the latest Overseas Business Risk report for Malaysia at: www.gov.uk/government/publications/overseas-business-risk-malaysia.
The DIT team in Kuala Lumpur and the British Malaysia Chamber of Commerce (BMCC) can help provide further advice and information.
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