Tag: Greater Kuala Lumpur

Swedish MNCs continue to view Malaysia, Greater KL as ideal Asia investment place

Sweden and Malaysia’s ties as trade and investment partners go way back. In the 1960’s, the Swedish companies such as Volvo, Ericsson, Sandvik, Alfa Laval and Scania established themselves in Malaysia. The first car ever produced in Malaysia was a Volvo, made by Sweden at Volvo’s car producing plant in Shah Alam in 1967. In…

Danes see Malaysia gateway to thriving Asean consumer market

The 640-million strong ASEAN population has gained prominence in recent years as a promising consumer market, with a thriving young middle-class (median age of 29) becoming more urban. Nielsen has projected that the Asean middle class – people with disposable income of US$16-US$100 per day – is projected to reach 400 million by 2020. And…