Quote:
Originally Posted by Bladewire
What can you do to make loads pf money in Malaysia? Must be worth it kudos to you.
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This country has an interesting make-up. The government is run by the Malays (the Muslims) who make up about 60% of the population. The Chinese Malaysians own all the private businesses. And the Indian Malaysians come in third place. But they ALL love Western stuff. We opened a New York style pizzeria in April 2014. Opened the 2nd one November 2014, opening a third in October and launching Frozen Custard, which doesn't exist here. Just sold our first franchise to a group opening two stores in East Malaysia. Pretty good so far and I've only been here 16 months. Going back to the States for the first time since I got here on Wednesday.
Big middle class in KL. Also a lot of oil money, though that's taken a hit in recent months. KL also attracts a lot of visitors - number 8 in the world for annual foreign visitors (only two behind New York).
I think any business that caters to middle/upper middle class will do well. We're opening an old school barber shop in January - nothing like that here. Just low end and high end nothing in between. That's the niche!