Malaysia has been named the 10th best country for entrepreneurs to launch startups in 2024 and the only Southeast Asian nation to be featured in the top 10
rankings.
In the study by Business Name Generator, 52 countries globally were analysed according to 9 different metrics to reveal the best nations where one can start a company from the ground up.For reference, the 9 metrics used in the study include:Malaysia stands out for its relatively low cost of living and hotdesking
For Malaysia, the study revealed that our country excelled in several of the metrics used. These include: Furthermore, Business Name Generator also noted that the cost of living in Malaysia is almost half of that of 8th place Bahrain, thus indicating a higher level of disposable income that can be put into small businesses.
Besides that, Malaysia also has the 4th best value for hotdesking overall, which is a great price for new businesses needing office space.So, what do you guys think of our country’s placement in the study? Share your thoughts with us in the comments!Also read: Study: Malaysia is Asia’s 6th Most Prosperous Country But Ranks 113th Globally for Personal Freedom
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