Parallel markets and economy in Malaysia


While the Malay market will continue to grow in size and value, the non Malay market will continue to shrink. As an entrepreneur, you must not ignore the potential of the Malay market, which will continue to expand in size and with continuous rising disposable income. Businesses that cater only to the non-Malay markets will suffer from market shrinkage so it is advisable to reset your thinking.

AFTER 10 years of writing this column in The Star, I have decided to call it a day. Since 2011, I have discussed and shared my experiences as an entrepreneur in a small and medium enterprise (SME). I would like to close this column with some personal thoughts for you to mull over as we move into a new year.

Being a Muslim-majority country with a large minority of non-Muslims (30%), the Malaysian economy has always been demarcated along ethnic and religious lines.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

IFC, consortium commit over US$900mil in financing to data centre in Malaysia
Foreign investors offload RM1.07bil on Bursa Malaysia for ninth week running
Bursa Malaysia confirms CEO succession process amid speculation
KLCC Property denies Bandar Malaysia takeover
Bursa Malaysia gains on bargain hunting amid cautious sentiment
Ringgit rises against US dollar as DXY declines
Bandar Malaysia's theme park project cancelled
Trading ideas: Top Glove, LKL International, Kawan Renergy, Edelteq, Catcha Digital, MAHB
Metal markets rush to adjust to clampdown
Apple’s US$1bil outlay may be a fleeting win

Others Also Read