Malaysia - Country Commercial Guide
Market Challenges
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While the government made notable gains in tackling the spread of COVID, the long-term economic impact of the pandemic still has many importers of U.S. goods cautious to carry new product lines until their businesses experience sustained growth. Prevailing supply chain adjustments, inflationary pressures, and geopolitical tensions further dampened demand for business in general. Immediate challenges include constraints due to workforce shortages and rising costs during a period of slower global economic growth.