I realized that even though the world’s economy is experiencing a downturn and Malaysia is said to have slight impact from it, the business climate in Malaysia is not badly affected.
Why do I come to this conclusion?Just observe YES (Year End Sales).People still have the buying power and keep on buying even though I strongly believed that most of it are unnecessary.
Furthermore,look at how many new restaurants and food stalls, and how crowded are these places.
I am no expect in economics (i just hate economics since my university days) and i just don’t know whether spending will stimulate or further damage the economy.
However, i still believe that doing business is still competitive in our beloved country (as long as your business is competitive enough)
