Why Malaysia is the Perfect Destination for Expats to Start a Business
- Undoubt Studio
- Oct 20, 2024
- 2 min read
Malaysia isn’t just a tropical paradise filled with stunning beaches, rich cultures, and vibrant cities — it's also a thriving business hub, especially for those looking to start an e-commerce venture. Whether you’re already planning to move here or still researching your options, there’s no better time to consider Malaysia as the place to kickstart your entrepreneurial journey.
Why Malaysia is Ideal for E-Commerce Businesses
Malaysia has become a prime market for e-commerce, driven by widespread smartphone usage and an increasing preference for digital payments. Over the past eight years, Malaysia has seen a massive shift toward cashless transactions. Unlike in neighboring countries such as Thailand, where card payments are still less common and stores often require a minimum purchase or don't accept cards at all, Malaysia has embraced digital wallets and contactless payments. Today, you can walk into almost any store in Malaysia and pay with Touch 'n Go (TNG) or a credit/ debit card, making cash almost unnecessary for daily transactions.
In fact, 1 in 3 Malaysians now rely on cashless payments, and over 68.9% of card transactions at physical stores in 2022 were contactless. The value of card payments is projected to surpass MYR371.8 billion ($84.5 billion) in 2023, reflecting the country's growing digital economy.
Government initiatives and the development of a robust payment infrastructure have further accelerated this shift, making Malaysia a perfect landscape for launching an e-commerce business.
Undoubt Studio: Your Partner in E-Commerce Success
At Undoubt Studio, we understand that creating a successful business isn’t just about having a great product — it’s about building a strong, memorable brand. Our branding studio is dedicated to helping entrepreneurs launch their e-commerce business with a clear, cohesive identity.
From crafting a unique brand identity to building an engaging website and developing an effective social media marketing strategy, our small but mighty team of two will work closely with you to bring your vision to life. When you work with us, you get the privilege of collaborating directly with experienced designers who are passionate about your success. 🥰
Why You Should Act Fast
While the Malaysian market is ripe for e-commerce, the same opportunities attract many aspiring entrepreneurs. At Undoubt Studio, we are proud to say we are often fully booked for 2-3 months ahead, given the personalized attention and detail we pour into every project. Because we're a small, tight-knit team, we can only take on a limited number of clients at any given time.
If you're serious about launching your business, we encourage you to check out our latest availability by visiting our Instagram or requesting a project through our contact page. Don't wait too long; opportunities to work with us fill up fast!
Let’s build your brand together — we’re excited to see what we can create with you!
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