Sunday, February 15, 2009

Legal/Regulatory Environment

Malaysia has created many economic laws that help foster a friendly business environment. It is a member of the World Intellectual Property Organization, and has implemented laws to combat the problem of copyright infringement that plagues the nation.

The government subsidizes many products, in an effort to keep prices low. Currently, subsidies exist on gasoline, diesel, cooking oil, fertilizers, homes, and certain foods. This practice is controversial because it diverts enormous amounts of government money. Recently, the government has tried to reduce subsidies in an effort to lessen its financial burden.

Here is how Malaysia ranks on their ease of doing business (According to DoingBusiness.org)—


Ease of Doing Business: 20
Starting a Business: 75
Dealing with Construction Permits: 104
Employing Workers: 48
Registering Property: 81
Getting Credit: 1
Paying Taxes: 21
Trading Across Borders: 29
Enforcing Contracts: 59
Closing a Business: 54
Protecting Investors: 4

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