Ipsos in SiMa Ipsos | Curiosity February 2017 | Page 21

Malaysia FDI Stock by Sector , Dec 2015
1 %
7 %
11 %
44 %
Manufacturing Mining Agriculture ICT Financial Wholesale & Retail Construction Other Services
22 %
9 % 6 %
2 %
Source : MIDF , MIDA , DOSM , UNCTAD
Malaysia is also expanding its business shared-services and digital economy sectors . Malaysia Digital Economy Corporation ( MDeC ) has been tasked with developing Big Data analytics , Internet of Things , creative technologies , e-commerce , cloud content and services , and cyber security . MDeC is already partnering with UK Trade & Investment to develop the country ’ s digital economy and smart cities .
With Malaysia on course to achieve its mission of becoming a developed nation by 2020 , the government will continue to provide attractive incentives to create and sustain overseas investment in the country — this will serve to strengthen British investment and activity .
SINGAPORE
Official languages : English , Mandarin , Malay and Tamil Population ( million ): 5.5 Surface area ( sq . km ): 717 GDP ( PPP ) ( billion US dollar ): 472.6 GDP per capita ( US dollar ): 56,009.5 ( 2014 ) Inflation , average consumer prices (%): -0.5 Population below the national poverty line (%): N / A Poverty headcount ratio at national poverty lines (% of population ): N / A Life expectancy at birth ( years ): All ( 82.6 ), M ( 80.5 ), F ( 84.9 )
Strengths of the Singapore Market
As the economy grows and the country moves up the value chain , Malaysia will need to forge deep , long-term relations with foreign companies to secure funding and technical support from overseas . Britain can play a leading role on this front . The country offers particularly strong opportunities for knowledge-intensive industries and services sectors , such as digital technology , biotech , advanced manufacturing , healthcare and education .
50 % of the world ’ s population within 6 hours flight
4th largest global financial centre
Asia ’ s strongest Intellectual Property ( IP ) protection
Highly skilled and educated local population
Low corruption and strong rule of law
Excellent infrastructure and transport connectivity
Singapore has an overwhelmingly white-collar workforce of whom 43 % hold a diploma and professional qualification or higher . About 84 % of people work in services with just 15 % engaged in industrial jobs .
Ipsos Business Consulting Creating Opportunity | 9