Tag: Greater Kuala Lumpur

Finnish investors drawn to Greater Kuala Lumpur’s rich talent base

Finnish-Malaysian ties took off upon the inking of an Investment Guarantee Agreement in 1985, with many Finnish companies back then drawn to Malaysia’s relatively cheaper manufacturing and technical talents and strategic location as a regional hub. The same year investment ties were further cemented when escalator and elevator market leader KONE set foot in Greater…

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…