Expanding the business in Southeast Asia, Sapiens Global is now present in Kuala Lumpur, close to our new clients and enjoying the new business atmosphere in Malaysia. The relationship among Brazilian and Malaysian companies was increased this year with the new Brazil – Malaysia Business Council, launched last March 27, in Kuala Lumpur.
According to Malaysian data*, in 2017 bilateral trade between Brazil and Malaysia reached a total of RM 12.7 billion, a figure that consolidates Brazil’s position as the main trading partner of Malaysia in Latin America. According to Brazilian data, Malaysia was Brazil’s main trading partner in ASEAN in 2017. Brazil is also the largest Latin-American investor in Malaysia. Malaysian investment in Brazil is impressive, with companies like Sapura, PETRONAS and Scomi leading the way.
*Joint Media Release. Malaysian-Brazil Business Council Launched (March 27, 2018)