News / 8 May 2017

Dear Entrepreneurs, Are You Solving A Real Problem?

Low labour costs, a prime location, high mobility and a good talent pool. Combine these and you have a viable birthing ground for start-ups right here in Malaysia.

The nation has seen start-ups such as Grab, iflix, and KFit become household names within a short span of time since their inception, proving we do have what it takes to make it big.

While the start-up scene in Malaysia is booming, it’s also important to note that our growth and impact may not be as wide as we think. The Global Start-up Ecosystem Report 2017 states that, “Only 10% of customers for start-ups in Kuala Lumpur come from outside the country, more than 13% less than the global average.”

 

By Prethiba Esvary

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