Wondering where your next market is? You’ve come to the right place.
Evaluating the market in Malaysia
We can help you get a better understanding of market activity, relationships and support to grow your business.
What this means:
Actively pursuing business
All EDC solutions are available in this market, subject to regular approval criteria
How does EDC determine the position?
EDC takes the following into account when determining the position in a given market:
Government of Canada restrictions
Political, human rights and corruption risks
Other factors that may be taken into consideration are: size of the economy, diversification of the economy, risk of natural disasters
Low to Medium Risk
What this means:
The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.
How does EDC determine the risk rating?
The CCC risk rating is impacted by the Sovereign Probability of Default (ability and willingness to honour financial obligations), political risks, and other mitigating or worsening factors.
Business environment in Malaysia
Malaysia is a key market in Southeast Asia for many Canadian exporters, representing the 3rd largest economy in South East Asia. The country enjoys excellent infrastructure and transport connectivity supported by a healthy financial sector. Economic growth outlook for 2018 remains strong despite adjustments to recent projections. The industries in Malaysia are gradually moving up the supply chain to more capital intensive and higher value added products that employ more advanced technology. While there exists many opportunities for Canadian companies in a number of sectors, lack of transparency around government procurement as well as corruption continue to challenge exporters and investors. Partnering and joint venture relationships with local Malaysian companies is seen as an effective solution to these obstacles.