Our organization, Factory Outlet Store (FOS), is a retail store that sells discounted apparel for adults and children, from brand names such as Old Navy and Abercrombie & Fitch. FOS is a well-researched brand and has a popular chain of stores in Malaysia, although we are trying to expand to Thailand having a first-ever four-storey FOS mall instead of freestanding boutiques.
We are enthusiastic about expanding to Thailand as it has a dynamic retail sector. Some of it is major merchants include Tesco, Carrefour and also other supermarkets/hypermarkets, leaving the clothing/fashion market quite open. Thus we feel that there is superb potential for all of us to bring FOS into Thailand and create our brand there.
Malaysia's Economic Progress for the last five years
GROSS DOMESTIC PRODUCT вЂ“ Genuine Growth Price %
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The graph previously mentioned shows the GDP Progress Rate for the past 5 years. Malaysia is one of the most open economies in the world, with export products and imports accounting intended for close to 200% of the country's GDP. Over the past two decades, the country has effectively transferred by a commodity-driven economy into a more broad-based economy. GROSS DOMESTIC PRODUCT stands for Gross Domestic Item by adding Ingestion, Investment, Government, Export and Import.
A number of Malaysia's economic indicators consist of GFI (gross fixed investment), private ingestion, government consumption, and transfer and foreign trade of goods and services. Malaysia's imports and exports possess decreased continuously, from 19. 6% and 16. 1% respectively in 2004 to 2 . 9% and installment payments on your 0% back in 2008.
In 2005, a significant financial growth which has a robust expansion in consumption spending and business investment, aided by brisk global demand for all their exports reason being in the SARS period that influence the economy in 2003. Following the SARS period, the economy accelerated to its fastest speed, with a six. 8 percent GDP progress.
A slowing global economy in 2005 signifies an reducing of progress for Malaysia as the economy due to raising inflation and interest describing the GROSS DOMESTIC PRODUCT growth by 6. 8% to 5. 0%. However , by the second half of 2005 the economy reclaimed momentum. With slower growth in exterior demand and cuts in government spending, the economy relied heavily in private home demand for progress. Expansion in the private sector remained good, as open public investment shrunk for the other year operating.
5 years ago, there was a surprisingly good GDP development from your five. 0% to five. 9%. Home demand elevated as household spending, which in turn remains an important source of development, increased. There was strong expansion in manufacturing result for gadgets as the rising demand for digital music players and mobile phones with video playing capability and Internet access lifted electronics export products. Inflation was higher by 3. 6% in 2006 via 3% a year earlier as a result of higher petrol prices. Reduced international petrol and item prices, " moderateвЂќ income pressures, and currency appreciation helped consist of inflationary stresses. Year 2007
Malaysia's overall economy continued to report confident growth of 6% in 3 years ago. Private consumption, Government intake and major fixed investment have increased more than 5 years ago. The services sector expanded strongly and GDP growth was led by finance, insurance, real estate, and business companies. Wholesale and retail operate, as well as lodging and restaurants, also listed healthy development owing to solid household spending and inward tourism courses to remember the 50th anniversary of independence. Holiday arrivals went up by nineteen. 5% to 21 million in 2007, with significant increases in visitor amounts from Someones Republic of China, India, and Dalam negri. Year 2008
From 3 years ago to 2008, there was a decrease in GROSS DOMESTIC PRODUCT growth coming from 6% to five. 7% as a result of worse-than-expected ALL OF US economy. Because of the fallout in the sub-prime uncertainty, Malaysia's exports were adversely...