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Read moreTop 20 – 40 richest tycoons in Malaysia
Although these tycoons here are not listed in Malaysia’s top 10 richest, nevertheless, they still have fortunes worth of millions. Azman Hashim made it into the list of top 40 richest tycoons in Malaysia.
Ranked 11th in the list, he has an estimated fortune of US$470 million. After serving abroad for some years, Azman returned to Malaysia and worked in Bank Negara Malaysia since 1960. He is currently the executive chairman of Amcorp Group Berhad as well as several other subsidiaries such as Malaysian Investment Banking Association and Pacific Basin Economic Council International (PBEC). Read more
Malaysian Aquaculture Industry
Generally, aquaculture can be defined as rearing aquatic animals or cultivating aquatic plants such as crustaceans, shellfish or other saltwater organisms. In short, aquaculture is the process of agriculture in the ocean. The purpose of expanding aquaculture activity is to balanced the seafood industry and marine ecosystem. When dealing with aquaculture, you will stumble upon other terms such as mariculture which refers to the practice of aquaculture in marine environments or algaculture that can be defined as cultivation of seaweed or other algae.
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Malaysian Automotive Sector
Automotive industry in Malaysia began in 1960s. It is marked as one of the most important industries under manufacturing sector to spur the country’s economy. Before the introduction of automotive industry in 1960s, most of the cars in Malaysia were complete build-up unit (CBU) imported from other countries. Read more
Energy
Energy is crucial in our lives. The primary energy resources in Malaysia are gas, oil, coal and hydro. Do you know that energy can also be generated from natural resources such as wind, geothermal heat, sunlight and rain? But first things first, history of energy in Malaya can be traced back to 1894 when local entrepreneurs Thamboosamy Pillai and Loke Yew installed the first electric generator in Rawang. Read more
Malaysia Manufacturing Sector – Overview
Generally, manufacturing can be defined as the production of goods or items by using machines, equipments and labour force. Manufacturing activities vary from handicraft items to technology gadgets. But the term is applied to the process of industrial production in which raw materials are transformed into finished goods and ready for sale.
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Malaysia Agriculture Sector
Agriculture is an important sector to the country’s economic development. It was one of the highlighted issues during Tun Abdullah Ahmad Badawi’s tenure as Malaysia’s Prime Minister. Abdullah strongly believed that this industry can generate wealth and reduce poverty particularly among those from rural areas. Read more
Conducting business in Malaysia
Malaysia, one of the fastest growing countries in Asia provides huge market for entrepreneurs to expand their business within the country. Malaysia offers a gateway into other ASEAN market. To begin your business plan in Malaysia, it is a good move to pick up some knowledge on the language used – Bahasa Melayu. But generally, since Malaysia is a multiracial country, you can communicate in English. In certain companies, you can even use Mandarin to communicate with business associates. Read more
Malaysian Retail Business
Retailing refers to the process of selling goods, finished products or commodities directly to buyers. Meanwhile, in e-commerce, e-tailing can be defined as the process of matching and delivering finished products from sellers to potential buyers. But let’s put aside e-tailing and find out more about retail sector in Malaysia. Read more