Business Services Except Machinery Companies in Malaysia
Business services in Malaysia are provided by a variety of companies, ranging from small businesses to large multinational corporations. The services sector is an important part of the Malaysian economy, accounting for approximately 56% of GDP in 2016. The sector is expected to grow at a compound annual growth rate of 6.4% between 2016 and 2020.
The services sector is divided into a number of sub-sectors, including:
- Financial services
- Business process outsourcing
- Transport and logistics
- Retail and wholesale
- Telecommunications
- Tourism and hospitality
- Education
Financial services is the largest sub-sector of the services sector, accounting for approximately 21% of GDP. The sector is expected to grow at a compound annual growth rate of 7.1% between 2016 and 2020.
The business process outsourcing (BPO) sub-sector is also an important part of the services sector, accounting for approximately 10% of GDP. The BPO sector is expected to grow at a compound annual growth rate of 8.5% between 2016 and 2020.
The transport and logistics sub-sector is another key part of the services sector, accounting for approximately 9% of GDP. The sector is expected to grow at a compound annual growth rate of 6
The services sector is divided into a number of sub-sectors, including:
- Financial services
- Business process outsourcing
- Transport and logistics
- Retail and wholesale
- Telecommunications
- Tourism and hospitality
- Education
Financial services is the largest sub-sector of the services sector, accounting for approximately 21% of GDP. The sector is expected to grow at a compound annual growth rate of 7.1% between 2016 and 2020.
The business process outsourcing (BPO) sub-sector is also an important part of the services sector, accounting for approximately 10% of GDP. The BPO sector is expected to grow at a compound annual growth rate of 8.5% between 2016 and 2020.
The transport and logistics sub-sector is another key part of the services sector, accounting for approximately 9% of GDP. The sector is expected to grow at a compound annual growth rate of 6
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