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Boosted by solid economic performance, and robust domestic demand, Malaysia’s retail sector is forecast to grow six percent annually.
Singapore’s Hotel, Restaurant, and Institutional (HRI) sector is performing well, is very dynamic, and is highly competitive, with a diverse array of hotels and restaurants.
Boosted by solid economic performance, and robust domestic demand, Malaysia’s retail sector is forecast to grow six percent annually.
U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.
The overall food processing sector is growing at about 5 percent per year, with dairy, bakery, and processed fish products among the leading sectors.
Singapore is a leading market for high-value consumer-oriented products. The market is very dynamic, with interest in new products, yet also very competitive.
With per capita income of over $10,500 and a middle and upper class making up 61 percent of the population, Malaysia shows good potential for growth as a market for high value consumer products.