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NEWS & ARTICLES

Read the latest Servcorp news and press releases.

  • Commercial Real Estate for Lease in Kuala Lumpur

    December 16, 2015 | Sharon Cheong

    The Kuala Lumpur economy grew at a steady rate, underpinned by private sector demand. Commercial real estate supported by other economic divisions with business owners looking for affordable leases in the region. The Malaysian economy remains on a steady growth track with domestic demand functioning as a key driver of development amid lower oil prices. Investors are taking advantage of the lower prices and a good supply of commercial real estate in the region.

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  • Potential Risks of a Long-term Office Lease in Malaysia

    December 11, 2015 | Sharon Cheong

    An entrepreneur in Malaysia that has to rent an office is confronted with two main options of leasing available in Malaysia: long term lease and short term lease. The duration of the lease has a significant impact on the rental rate in Malaysia. Most of the property owners of the country lease their property for about 2-5 years (subject to the requirements of individual owners) and with or without an option to renew the lease. The contract extension is given for 1-2 years and is subject to an agreed amount of rent at the end of the lease. For lease renewal option, the owner generally requires that you give notice of two or three months about your intention to renew it. Most land owners in Malaysia do not accept leases that are shorter than a year. Keeping in mind the prevailing terms and conditions of property owners in Malaysia, do you think it is viable for your growing business to restrict itself by being on a long-term lease? Let's discuss some of the specific disadvantages of being on a long term lease in Malaysia:

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  • The Difference Between Servcorp Serviced Offices and Other Providers in Malaysia

    December 04, 2015 | Sharon Cheong

    The vigorous financial and economical advancements make this one of the world's leading places to do business. Since this region is so popular, business owners can find it difficult to find an upscale office facility that they can afford. That's why serviced offices have become so popular in Malaysia. Malaysia offers investors so much and has grown over the last 50 years into a well-known newly industrialized market economy. The economy remains strong with large and small businesses operating there each year.

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  • How to Get Your Foot in the Malaysian Market

    November 26, 2015 | Sharon Cheong

    Malaysia has much to offer entrepreneurs and experts believe that by the year 2050, the region will become one of the strongest economies in Asia. The big question that many new startups have concerns how to get their foot in the door. Often, large companies do business with well establish companies that they know. People are worried that a new startup may not have the resources to fulfill a big order or provide the best services. How can you convince the big corporations that you have the expertise, employees and resources to handle their business?

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  • Embracing Technology as a Business in Malaysia

    November 24, 2015 | Sharon Cheong

    Technology has played a key role in the growth of trade and commerce worldwide. While it is true that we have been doing business since time immemorial, long before there were computers and even the currency, one cannot deny the fact that trade and commerce was much slower before technology revolutionized everything.

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  • How to Rent a Virtual Office in Malaysia and Appear Bigger Than You Really Are

    November 04, 2015 | Sharon Cheong

    Malaysia has continually enjoyed one of the stronger economies in Asia. The country's gross domestic product rises each year and the government works to help small business owners get set up and succeed. Malaysia has modern international airports, seven amazing seaports and an intricate rail system to make doing business there much easier.

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  • Office Space Solutions for Startups in Kuala Lumpur

    October 20, 2015 | Sharon Cheong

    Office space solutions in Kuala Lumpur are abundant, but a new startup must be cautious about every dollar it spends. While larger, established businesses can afford to rent space in a high rise office building and hire new employees, this can cost thousands of dollars and create monthly bills that you may not be able to pay. Once a business takes this step, they're often locked into long-term contracts that require huge monthly payments. Now, instead of focusing on building value in your company, you must focus on how to pay the rent. This has happened to many new startups in Kuala Lumpur.

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  • How to Start a Home Business with a Rented Virtual Office in Kuala Lumpur

    October 12, 2015 | Sharon Cheong

    Today Kuala Lumpur has become a busy, modern city where large global corporations come to build an offshore office each year. Because of all the jobs these companies create, a number of other businesses have sprung up in order to cater to specific needs. For instance, you might build a small business that prints all the advertising materials for one or more larger corporations. Identify a specific need and fill it. That's the way many businesses became successful. You can offer consulting services, food service, communications, office supplies, and many others.

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  • First Half 2015 Malaysia Business Review

    September 18, 2015 | Sharon Cheong

    Malaysia has a large urbanized population with good basic labor skills, along with excellent seaports and these factors have contributed to their steady economic growth. Though the forecasts for 2015 were high in many sectors, the first half of the year showed weaker than normal growth. In the second quarter of the year, Malaysia's growth slowed to 4.9% after posting rises of around 5.6% in the preceding three quarters. The weakest growth in two years was experienced in the Q2 and attributed to a new Goods and Services Tax (GST) implemented in April.

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  • How to Choose a Virtual Office for Your Home Based Business in Kuala Lumpur

    August 29, 2015 | Sharon Cheong

    Malaysia's beautiful capital, Kuala Lumpur, has become a major economic and cultural center. With a vibrant mix of trendy night spots, great restaurants, and fabulous shopping, the city is also home to many large corporations. The skyline has become well known the world over and is accented by sleek skyscrapers, Mogul domes and minarets. Though the colorful mosques and banyan tree-lined boulevards, are usually bustling with activity, there's a growing trend toward home-based businesses.

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  • Marketing Solutions for Small Business in Malaysia

    August 11, 2015 | Sharon Cheong

    As a member of the ASEAN region, the Malaysian economy has become very stable in past years. Today they have one of the region's largest economies with a steady growth rate in their Gross Domestic Product (GDP). In addition, the area has modern cities such as Kuala Lumpur where investors and business owners come to take advantage of one of South East Asia's best economies. Good transportation, industrial space, and superb seaports are just a few of the reasons why entrepreneurs moved to Malaysia.

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  • Quick and Easy Ways to Find Office Space in Malaysia

    August 03, 2015 | Sharon Cheong

    Malaysia is a great place to set up a new business. Though the import export business has always been strong, these days corporations are looking for an offshore headquarters and Malaysia is an excellent choice. The nation has a business-friendly government, low cost labor, plenty of commercial space and good access to the best seaports in the world.

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  • Startup Financing Options in Malaysia

    July 28, 2015 | Sharon Cheong

    Each year, Malaysia's economic growth rate escalates from the overall Gross Domestic Product to its advanced industrial and technology sectors. As a newly industrialized market, the nation is very open to investors and entrepreneurs. This is one of the top ASEAN economies in Southeast Asia and it offers many great economic opportunities for foreigners and locals.

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  • Business Culture in Malaysia and What You Need to Know to Succeed

    July 20, 2015 | Sharon Cheong

    Malaysia has become an Asian success story due to its vibrant economy. Their success has come through years of hard work and good planning.  The government responded well and quickly to the economic downturn of a few years back and the Malaysian economy has fully recovered. This has led many businesses all over the world to seek out an offshore presence in the country. One of the main things business people are concerned about is the business culture in Malaysia. It does have a very old and unique culture and heritage and the residents are proud of their historical significance.

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  • How to Set-Up a Company in Malaysia

    July 16, 2015 | Sharon Cheong

    With Malaysia's newly industrialized market economy, the country has enjoyed a strong, stable record of performance for over 50 years. They are members of the ASEAN region and the third largest economy of this group with a Gross Domestic growth rate of 6.5% annually that has reached over $746 billion. This is one of Southeast Asia's best economic records and has attracted investors and entrepreneurs from all over the world. Large, well-known companies have offshore headquarters in Malaysia.

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  • Five Ways to Expand Your Business in Malaysia

    July 03, 2015 | Sharon Cheong

    Those who work hard each day to build a dream business in Malaysia know that this must be coupled with the right business plan. As your investment of time and money increase, the factors can come into alignment and produce a successful venture. There's nothing more rewarding than building a successful business from the ground up. At some point however, you may decide to grow and expand your business. If you're ready to do that or have been thinking about how to go about it, then below are some helpful tips.

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  • Which Business Networking Events to Attend in Malaysia

    June 24, 2015 | Sharon Cheong

    Business Networking Events provide an exceptional venue to meet others in your industry and spread the word about your products and services.  New entrepreneurs will find networking especially helpful. There are numerous organizations and groups that meet each month to connect with other like-minded individuals.

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  • Five Questions to Ask Before Expanding Your Business in Malaysia

    May 11, 2015 | Sharon Cheong

    As a business owner, you may be thinking about taking that next step and growing your business. Many US owned businesses have set up very successful offices in Malaysia. Though it can be more expensive to initially set up the office, it will ultimately give you stronger returns on your investment. Businesses in Malaysia generally offer better profit margins because some costs are lower, such as leasing commercial space and hiring employees. The five questions below can help you decide whether you're ready for an offshore office.

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  • How to Set-Up a Business Bank Account in Malaysia

    May 07, 2015 | Sharon Cheong

    Malaysia is a very business friendly country that offers excellent amenities to attract global business. In fact, the nation's economy is one of the fastest-growing in the world. When it comes to opening a corporate bank account, Malaysia offers numerous amenities such as internet banking, trade financing, and credit cards. Opening a business bank account is a straightforward process that can be handled by the business owner, but working with a local accountant can make things go smoother.

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  • How to Start an Import and Export Business in Malaysia

    April 28, 2015 | Sharon Cheong

    Many foreign countries have offices set up to specifically assist those who want to establish an import or export business and Malaysia is one of those. As a very business friendly country, the Consulate and/or Embassy will have industry directories and information about local manufacturers. The Malaysian government provides many helpful services and a good deal of information about how to start a new business.

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  • How to Get Funding for Small Businesses in Malaysia

    April 03, 2015 | Sharon Cheong

    You may have a great concept for a lucrative small business in Malaysia. Entrepreneurs come up with amazing ideas each year, but they just don't have the working capital to get started. Funding for a small business in Malaysia normally requires assets or collateral that can be leveraged in order to obtain a loan. The Malaysian government also offers numerous programs designed to assist investors and entrepreneurs.

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  • What Are the Biggest Export Markets in Malaysia?

    April 2, 2015 | Sharon Cheong

    For centuries,Malaysiahas been known as a crossroads of trade between the West and the East and that tradition continues today. In addition, the country stretches the length of theStrait of Malaccamaking it a globally important shipping lane. The Malaysian government has capitalized on these facts and transformed the economy from primarily agricultural to a significant international manufacturing center.

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  • Best Places to Set-Up an Office in Kuala Lumpur

    March 25, 2015 | Sharon Cheong

    Kuala Lumpur is one of the fastest growing cities in the world with over 1.6 million people. It is home to many large corporations and other businesses have offices in this city, including communications giants like Fox Network, BBC and CNN. The Petronas Twin Towers have become an iconic representation of this modern financial hub.

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  • Cost Saving Strategies for Small Businesses in Malaysia

    March 20, 2015 | Sharon Cheong

    For the past 50 years, Malaysia has enjoyed increasingly strong economic growth. The government was wise enough to realize the potential in this nation and they have worked to build a profitable business structure over the years. Because of this, many large and small companies have moved to Malaysia to set up offices there. Since this whole area has excellent access to modern seaports, import and export businesses do especially well there.

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  • 2014 Economic Review of Malaysia

    March 09, 2015 | Sharon Cheong

    During 2014, Malaysia's growth rate was 6.5%, resulting in over $700 billion in the Gross Domestic Product. This showing was among the finest economic records across Asia. The newly industrialized market economy has grown year by year to become a top ASEAN economy in 2014. With an advanced industrial sector and abundant natural resources, Malaysia offers so much to visitors and investors.

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  • Tips for Expats Buying a Small Business in Malaysia

    March 03, 2015 | Sharon Cheong

    Malaysia offers expats all the comforts of home, plus it's a newly industrialized market economy. For over 50 years, the country has remained strong economically and many large and small investors have discovered the wealth of possibilities there. With a Gross Domestic Product that is well over $740 billion dollars, Malaysia continues to surprise investors with its robust financial and economical advancements.

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  • Small Franchise Business in Malaysia

    February 26, 2015 | Sharon Cheong

    Malaysia's strong industrialized market has transformed it into a hub of financial activity in Asia and the country's economy has steadily grown over the years. Because of the excellent growth rate, entrepreneurs from all over the world seek out lucrative business opportunities in the region. For those who have very little money to invest, but still want to own their own successful business, a small franchise business in Malaysia is the perfect solution.

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  • Malaysia Economic Forecast in 2015

    February 11, 2015 | Sharon Cheong

    As a newly industrialized market economy, Malaysia has had a strong economic record in Asia for the past 50 years. They were the third largest economy located in the ASEAN region with a Gross Domestic Product that has steadily grown each year. In 2014, the rate of growth was 6.5% and today the Gross Domestic Product has reached approximately $746.821 billion, giving Malaysia one of the best economic records in all of Asia. 

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  • Most Profitable Small Businesses in Malaysia

    February 6, 2015 | Sharon Cheong

    Malaysia has one of the strongest economies in all of Asia with a Gross Domestic Product (GDP) that consistently rises annually. The government has numerous plans in place to make doing business in Malaysia as simple as possible. The country is working hard toward the status of "developed country". Many experts believe that they may be able to move into the Top 20 world economies by the year 2050. With seven international seaports, a modern international airport and a great light rail system, doing business here can be highly profitable.

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  • How to Run a Successful Business in Malaysia

    February 3, 2015 | Sharon Cheong

    Malaysia is an exciting city with a robust economic history that has endured for at least 50 years.  Their gross domestic product has risen steadily and today is one of the strongest in all of Asia.  The leadership of the country has kept Malaysia's financial markets increasing by developing good programs for entrepreneurs. These include easy methods for first-time business owners to create a start-up. Many experts believe that Malaysia could well become the 21st biggest economy around the world by 2050, so that makes it a great place to invest now.

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  • Things to Include on a Checklist for Starting a Business in Malaysia

    January 19, 2015 | Sharon Cheong

    In terms of middle income countries, Malaysia is ranked number one in relation to business opportunities and development. The capital city of Kuala Lumpur provides both new and established businesses with a multitude of benefits and possibilities. New or fledgling businesses can reduce operating costs which is a vital factor with regards to overcoming initial difficulties. This is due to the comparatively low rental costs, energy bills and staff salaries. Despite the low operating costs, Malaysia has a good infrastructure and a large base of skilled professionals. Invariably, many of these professionals are found in Kuala Lumpur which entices a high percentage of businesses to the area.  If you are considering starting a business in Malaysia, then it is important to develop a strategy. Understanding the process involved is extremely important. Additionally, understanding the stages in which to complete the necessary tasks is equally important. An effective way to manage your business start-up process is by creating a checklist.

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  • 6 Ways To Increase Office Productivity

    Jan 2013 | Servcorp

    When a work place is made more comfortable and efficient, employee morale will rise. Keeping employees happy is a key concern to promoting productivity.

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  • April Fools Pranks in the Workplace: How Not to Get Too Carried Away

    Mar 2013 | Servcorp

    April Fool's Day invariably brings out the antics of the office pranksters, and this can provide much needed comic relief in some workplaces. However, in keeping with the harmless spirit of the day, it's important that you keep in mind that getting carried away while playing pranks could have unintended consequences and should avoided. 

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  • Business Feng Shui - What The Chinese New Year of The Snake Promises

    Feb 2013 | Servcorp

    The Year of the Snake holds many benefits in store for business. It is about tapping into these hidden resources and treasures and discovering the greater potential from within. 

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  • Business opportunities in South East Asia

    November 4, 2013 | Valerie Wong

    There are plenty of good business opportunities available throughout South East Asia for those who are interested in investing in the region. The market in South East Asia is huge and as large as the one in the United States. The region has also made a significant amount of economic progress in the last two decades. The infrastructure has improved significantly, the cost of logistics has fallen and trade barriers that may have existed some time ago are now long gone. All of this has brought a large amount of private investment in the region. Investors from all over the world are jumping on the chance to take advantage of this opportunity.

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  • Business Resolutions To Strive For In 2013

    Jan 2013 | Servcorp

    All businesses strive for improvement each year. How exactly should a company go about accomplishing improvement on a yearly basis? Each organization will be different; however, a number of business resolutions to strive for in 2013 will be useful to most companies.

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  • Do's and Don'ts When Doing Business in Malaysia

    November 28, 2013 | Valerie Wong

    When doing business in a foreign country, entrepreneurs should know that they will face a business culture that could be quite different from what they are used to in their home country. While Malaysia is a modern country where there are numerous similarities with the West in the business community, it is still important that foreigners understand some specifics about how business deals are done there.

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  • Green investment in Malaysia

    May 2013 | Servcorp Malaysia

    As part of its efforts to make the country more energy efficient, the Malaysian government has put aside RM3.5 billion to be dispersed towards green energy. Could your business, and the country as a whole, benefit from this move? 

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  • How Is the Future of Business in Australia and New Zealand Linked to Asia?

    December 12, 2013 | Valerie Wong

    Due to their close geographical proximity, there has always been a lose link between businesses located in Asian countries and those found in Australia and New Zealand. Now that Asian economies such as China, Singapore and Malaysia are showing signs of exponential growth slated for the next decade, economic ties between Oceania and Asia are now becoming more important than ever before.

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  • How to Avoid Cash Flow Issues for Your Business

    December 17, 2013 | Valerie Wong

    Every business owner has probably encountered a cash flow problem at some time, and sometimes one of them just can't figure a way out of it. Nothing is more frustrating than hitting a valley after a big peak, being unable to purchase more inventories or pay employees, or not having the money to grow a newly successful business.

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  • How to Keep Good Employees and Let Go of Bad Ones

    Mar 2013 | Servcorp

    Here are the most effective ways to increase your employee retention and reduce the costs associated with losing key employees by showing your employees that they are important parts of the organization. 

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  • Lucrative Business Ideas in 2014

    October 28, 2013 | Valerie Wong

    If you're thinking of starting a new business, then you need the right ideas. You may be wondering what kind of business would be the most lucrative in 2014. There is no single answer to this question, as many business types and models can be profitable. But one thing is certain; the rise of technology and Internet use has given entrepreneurs everywhere some great ideas. If you want to start a business in 2014, take a look at some of these ideas:

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  • Making your own business life more manageable

    July 2013 | Servcorp Malaysia

    We all know that it's tough at the top. However, if you're feeling the strain then there's a good chance you're making things more difficult for yourself than you need to. By implementing some tried and tested techniques and making the most of technology, you'll make things a lot more manageable.

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  • Malaysian investments grow 44% in Q1 of 2013

    June 2013 | Servcorp Malaysia

    Malaysian investments have grown by 44% in the first quarter of 2013, when compared to the same time period last year. Given the current investment climate, could your business be the next to benefit?

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  • Malaysia's education system embraces the cloud

    May 2013 | Servcorp Malaysia

    The Ministry of Education has decided to embrace Google's cloud service within its entire school system, allowing the government to manage a massive volume of files in a cost efficient manner. It's a perfect example of how organisations of all sizes can make full use of the cloud. Could you learn from it?

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  • Networking - get the basics right

    June 2013 | Servcorp Malaysia

    Here at Servcorp, we've been running a series of business networking events. To celebrate the fact, make full use of these basic networking tips. Getting them right can open all sorts of doors for you. Getting them wrong? Well, that doesn't bear thinking about…

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  • South East Asian Business Women

    November 19, 2013 | Valerie Wong

    For many years, business had been seen as a "man's world," with few women reaching top positions in the business world. But in the last two decades, this has largely changed, with an increasing number of women starting successful businesses, or being promoted to top executive positions inside some of the world's biggest companies. While the presence of women in the business world is now a common sight in the West, what about South East Asian countries?

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  • Starting a business in Malaysia as a Foreigner?

    October 16, 2013 | Valerie Wong

    As a general rule, there are few restrictions on foreigners starting or owning a business in Malaysia. In fact, the process is relatively inexpensive and has few bureaucratic complications. However, anyone who is planning to start a business in the country should carefully examine the requirements, as well as the benefits and disadvantages of doing business in the country.

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  • The economy in Malaysia is set to grow further

    May 2013 | Servcorp Malaysia

    Initial projections show that Malaysia's economy will continue to grow over the course of the year, with certain sectors performing particularly well. How can your business make the most of this growth?

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  • The Importance of Facebook for Your Business

    December 1, 2013 | Valerie Wong

    Facebook is without any single shred of doubt, currently the world's most popular and widely used social networking website. Its user base grew from just over a million active users at the end of 2004, to more than 1.1 billion in March 2013. This means that there is a large segment of the world population that logs into Facebook every single day. If you're looking for a way to promote your business online, as well as have meaningful interactions with the people that are likely to be interested in what you're selling, Facebook is the place to be.

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  • Top tips for managing your work time effectively

    July 2013 | Servcorp Malaysia

    As a business owner, it can occasionally feel there are never enough hours in the day. Avoid a time management headache and achieve your personal and business goals by reading on to discover our top tips to schedule your time effectively.

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  • Top tips to improve staff morale

    July 2013 | Servcorp Malaysia

    Around 78% of Malaysian survey participants are unhappy with their current employment, with many citing a poor relationship with a superior the main reason for their dissatisfaction. But what can be done to improve employee morale levels?

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  • Turning Passion Into Profit: An Entrepreneur's Guide

    Dec 2012 | Servcorp

    In today's uncertain economic times, more people than ever are considering entrepreneurship as a way to make ends meet. 

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  • Utilising broadband success for your business

    June 2013 | Servcorp Malaysia

    Malaysia's Communication and Multimedia Minister, Datuk Seri Ahmad Shabery Cheek, recently stated that the country is a model for broadband success, experiencing a reduction in the digital divide between its people - but how can this success help your business make inroads into the lucrative Malaysian market?

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  • What You Need To Know When Investing in South East Asia?

    October 23, 2013 | Valerie Wong

    If you're planning on starting a business anywhere, you will need to do a good amount of research before you actually can get your new enterprise up and running. But if you're in the process of investing in another country, there are some additional things that you would need to consider. The business climate, culture and regulations will probably have some similarities to what you are used to at home, but there will also be some noticeable differences. For those who plan on investing in South East Asia, here is what you need to think about:

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  • What You Should Know Before Starting a Business in Malaysia

    October 3, 2014 | Sharon Cheong

    Known for having one of the strongest economies in Asia, it should come as no surprise that Malaysia is attractive to local and foreign business owners. The country offers many things including steady economic growth, attractive tax incentives, and a lively business environment. But before investing in Malaysia, it's wise to learn more about the business requirements in this country. Let's discuss some of the things that entrepreneurs should know when it comes to starting an online business in Malaysia. 

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  • Why Do You Need a Virtual Office in Malaysia

    July 14, 2014 | SERVCORP

    Malaysian virtual offices have everything that you're searching for in terms of quality telecommunications service, plus they go well together with serviced offices in high-grade locations all over the country.First, a rundown of what you'll be getting. Serviced offices, also known as business centers, managed offices, executive suites, or executive centers, are brick-and-mortar rental office spaces that are already fully furnished (you'll be renting out the appliances and furnishings of the office too rather than invest on buying tables, chairs, cubicles, custodians, and more) so that it'd be easier to meet up with clients or conduct events and whatnot.

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  • Why Working with Your Spouse Helps Build Better Business

    Feb 2013 | Servcorp

    Some people say that it's a bad idea to work with one's spouse. They have their reasons for making this argument; however, it's also important to consider the other side. How can married couples working together create a better business plan and environment?

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  • Your Checklist to Setting up a Small Business

    Dec 2012 | Servcorp

    While thinking about a small business idea, entrepreneurs must arm themselves with a checklist, which denotes the most important ingredients for the successful introduction of a new business.

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