imported 2024-03-17 17:43:07
I think net yields generally vary between 5% to 8%. But the targets are generally between 15% to 20%. That is very achievable. You wouldn’t want to come with a lower IRR. You are putting in so much money, but the yields are between 5% to 8%. Why the IRRs are high is because the capital growth is still very strong. Economic growth is still pretty aggressive at 5.5%. So, there is a lot of growth in the market.
I think Malaysia has a lot of advantages; in addition to the standard banking opportunities here, Malaysia is a center for Islamic banking, and has some of the world’s biggest Islamic banks centered here who are also lending and supported the economy in terms of SME financing, and corporate and investment banking initiatives.
An Act of Parliament established the Malaysian Timber Industry Board (MTIB) in June 1973. We have been in existence for 41 years. We are the regulatory body for the timber sector in Malaysia. We fall under the Federal Ministry of Plantation Industries and Commodities.
This industry is thriving in Malaysia. This is mainly because the industry has the complete support of the Malaysian government. We have been organizing road shows around the world. We are also focusing on family-oriented tourism. That is why we have these family-friendly products, these sites, like KidZania, LegoLand, Puteri Harbour with Sanrio Hello Kitty Town and the Little Big Club with Thomas, Bob the Builder etc.
We want to offer the best of programs, the best facilities, but we have limitations because we are a private entity. I think this is a greater challenge. I am very proud to be in this industry, because it is evergreen. There will always be people who say that education is not important.
Non-traditional security (NTS) issues are of our concern. It is multifaceted, evolves very rapidly and could emerge in an unexpected manner. Among of NTS issues are terrorism/militancy, transnational/trans-boundary crimes, cyber-security and environment security- climate change, natural disasters etc.
Malaysia is a regional financial hub and has well sophisticated financial services industry. View more information about Malaysia being the financial hub in the South East Asia, outlook for the financial services industry and more.
The tourism industry in Malaysia is vibrant. Malaysia’s location gives it the potential to be the hub of Southeast Asia. View the tourism sector interview analysis.
The innovation is very abstract. It is a state of mind; a better question would be that how people perceive innovation and how they enjoy the excitement and the value created by innovation. In that sense, from the political leadership to the business community in Malaysia, we are very excited about the possibility of innovation.
In Abidjan, we have focused on the state’s e-governance project, with an ambition to start this year the portal for all administrative procedures, at first informational, then secondly provide e-services that will allow interaction with the citizens. Those also allow us to provide electronic ways to request birth certificates, copies of diplomas, etc.
