Trading Of Stationeries Companies in Malaysia

The Malaysian government has been encouraging the development of the country's small and medium enterprises (SMEs) in order to promote economic growth and reduce dependence on foreign investment. One sector that has been identified as having potential for growth is the trading of stationeries companies.

The stationeries sector in Malaysia is currently worth RM4 billion and is expected to grow to RM5.4 billion by 2020. The government has introduced a number of initiatives to support the growth of this sector, including the establishment of a dedicated SME bank and the provision of tax incentives.

There are a number of reasons why the trading of stationeries companies is seen as a promising sector for development. Firstly, the sector is relatively labour-intensive, meaning that it has the potential to create a large number of jobs. Secondly, the sector is not highly dependent on imported inputs, meaning that it is less vulnerable to currency fluctuations. Finally, the sector is not dominated by a small number of large companies, meaning that there is room for new entrants to the market.

The government's support for the sector is expected to result in an increase in the number of stationeries companies in Malaysia. This will create more competition in the market and is likely to lead to lower prices for consumers