Malaysia is open economic country with stable economy. According to World Bank Malaysia has the largest economy in South East Asia with the growth of over 7 percent per year for over 25 years. Based on the 2016 report by heritage.org the freedom score increased by 0.7 points with new score being 71.5, it makes Malaysia 29th in Global Ranking. The corporate tax rate in Malaysia is 25 percent and income tax rate is 26 percent.
Malaysian education is among the top around the world, the quality and affordability of education is one of the greatest contributors for skilled employees in Malaysia. In 1997 the government established government loan called Perbadanan Tabung Pendidikan Tinggi Nasional or in short it is know as PTPTN loan. The loan is made by the government with 1 percent interest per annum and every Malaysian who wish to study should not be denied to get a loan due to financial background. This loan encourages Malaysians to study and be educated employees. Malaysia is among the best countries in terms of skilled employees and it makes it ideal location to invest and conduct business.
The technology is one of the main exported goods of Malaysia, according to OEC the 12 percent of Malaysian export in 2014 was Electronic Microcircuits, 1.8 percent was computers and 1.9 percent was computer parts. The electronics such as computers are essential in conducting business and these products are relatively cheap in Malaysia and it helps the investors to reduce cost in their initial startups. There are other technologies available to export from Malaysia the quality of Malaysian products are considered favorable around the world.