The publishing industry in Malaysia has been a significant contributor to the country's cultural and intellectual development, providing a platform for authors and publishers to share their works with a diverse audience. In 2022, the industry contributed RM 2.5 billion to the country's GDP and employed over 10,000 people. The industry has been undergoing significant transformations and disruptions, driven by a combination of government support, technological advancements, and changing market demands. In this article, we will examine the key statistics, factors contributing to growth, trends, challenges, and future outlook of the publishing industry in Malaysia.
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WORDLABS BUSINESS NETWORK
5
+60 3-7880 4200 tamyne@wordlabs.com.my
Wordlabs Business Network (WBN) was founded in 2015 to assist business organisations to adapt and grow in an increasingly uncertain and volatile world. With a database of over 20,000 professionals and decision-makers across ASEAN, WBN is a regional business platform built together with industry partners to enable the business community in the region to meet and discuss business challenges, future trends and explore opportunities. Subscribe to our Telegram channel https://t.me/joinchat/TEs_GQ3aGz7OhZI6 to be in the know of the latest business news and updates.
EVENTSMASTERY ASIA PACIFIC
4
+60 17-866 8522 info@eventsmastery.com
Our vision is to productize & provide quality useful informative contents to both corporations & individuals to help achieve higher work performance, increase productivity & to enhance their quality of life - providing knowledge & skills enhancement programs (events/products), either from our own research or in partnership with the contents owners (authors); leveraging on both online and offline technologies. Deliveries include workshop/seminar, conferences, coaching, elearning, books & publications and other infopreneuring products. We work strategically with contents subject experts to develop & promote professional training & coaching programs. We help the content owners to deliver the programs to the local market, in the areas incl events mgmt, master of ceremonies, branding, professional training, digital marketing, elearning, publishing, investment etc. Some of our current programs includes • How to Manage Corporate Events Successfully/ IPMA, UK, Certified Events Manager • IPM…
PROPERTY INSIGHT MALAYSIA
11
+60 3-6156 3366 admin@propertyinsight.com.my
Property Insight (www.propertyinsight.com.my), a monthly English-language magazine caters to novice and seasoned investors. We are knowledge-based and aspire to help Malaysians make sound property investment decisions. Our circulation is about 30,000 monthly and we have a readership of 150,000 per month (both digital and print medium).
MASON GAMES
12
+60 3-9776 3858 info@masongames.net
Mason Games is a mobile games developer and publisher based in Malaysia. We build mobile games in genres such as casual strategy and casual idle. We are a diverse group of people hailing from the ASEAN region dedicated to bringing unique and enjoyable gaming experiences for our players worldwide. As we were building our portfolio in the video games distribution industry, a bold idea started to take root in each of our minds. An idea that passed through our minds from time to time. The idea soon became a raging fire that we couldnt ignore. And thus, we decided to hit the big red button, and Mason Games was born. Mason Games is the culmination of that bold idea, and we believe that we can make mobile games that feature a pocket-sized fun experience for our players. Were now venturing into the web3 platform, building games revolving around the GameFi, blockchain gaming, and metaverse development spaces. We collaborate with multiple partners in the SEA region and internationally to w…
MUSEMANCER SDN BHD
1
+60 11-6467 6403 support@musemancer.com
Musemancer is a world-class Internet Marketing company that specializes in launching digital products, Facebook marketing, and coaching business owners to start their online enterprise.
SPEEQUAL LANGUAGE SOLUTIONS
44
+60 17-433 4613 (blank)
15 years of experience in translation and localization field make us grow bigger and more professional in handling Malaysia and Indonesian target language. Our source language are: English, German, Japanese, Korean, and French. While our target language are: Malaysia, Indonesia, Vietnamese, Thailand, Chinese, Javanese, and Sundanese. As the year goes by, we are professional in handling some fields, they are: Automotive, Medical, Marketing and Advertising, Healthcare, Gaming, Electronic Devices, Electrical Engineering, IT Software and Hardware, and more. Some of our clients are: Siemens, BOSCH, Honda, Mazda, Kraussmaffei, Microsoft, Phillips, LG, GE, BMW, Daimler, Buchi Indonesia, and more. Along with our leading partner: Moravia, Lionbridge, EQHO, HansemEUG, and more. If you ever dreamed of claiming Indonesia, Malaysia and other countries in South East Asia region as your next potential market, You will find SpeeQual Language Solutions as a perfect partner to make your dream come tru…
GDS MEDIANET CONNECTION SDN BHD
5
+60 3-8311 9000 info@gdsmedianet.com
GDS Medianet Connection Sdn Bhd is a digital marketing agency in Malaysia. A Full Service Digital Marketing Agency that provides the following services SEO, Social Media, PR, Paid Media, Conversion Rate Optimization, Email Marketing and more. GDS Medianet Connection is a premier Digital Marketing agency based in Cyberjaya, Malaysia with a mission singularly focused on providing the highest level of customer service in the industry. By establishing mutually beneficial, long-term relationships with our clients, we create custom solutions uniquely tailored to meet the specialized business objectives of each client. Our company currently serves over 100 clients – some national large brands, others smaller companies with thriving business models.
MALAYSIAKINI
128
+60 3-7770 0000 subscribe@malaysiakini.com
Malaysiakini is an Independent Media company publishing in four languages, reaching an audience of 2.5 million. Launched in 1999, we currently have a staff size of 90 composed of journalists, editors, programmers, graphic artists, sales people, video producers, accounts staff, customer support executive and much more.
SASBADI HOLDINGS BERHAD
121
+60 3-6145 1199 enquiry@sasbadi.com
We are principally a publisher of educational materials, undertaking print publishing focusing on primary and secondary school education. While most of our educational materials are based on the Malaysian National School Curriculum, we also publish other non-curriculum based educational materials and general title books. We also undertake online publishing of educational materials based on the Malaysian National School Curriculum. Our business is also complemented by the distribution of applied learning products designed to provide hands-on learning experience to students. These products comprise miniature building blocks and mechanical, electrical and electronic components, as well as devices for measuring and analysing live signals, and software to create measurement and control systems. Sasbadi has published millions of books and educational aids for the school-going children of Malaysia since we were established in 1985. From elite smart schools in the cities to simple schools…
SYNOPSIS
9
+60 3-8213 0125 career@meetsynopsis.com
Synopsis is an One Stop Talent solution founded in 2020, specialized in all aspects of Human Resource Services with a team of members who have built extensive networks across multiple industries bringing together a total of more than 40 years of corporate HR experiences The technology used in our platform helps clients to have better visibility and control over the applicants. This enables companies to customize their requirements based on their needs. Our interactive platform allows employers to assess candidates profiles to analyse their skill and experience in a very time and cost-effective manner. Employers will now have access to the candidates key information before hiring them. What makes us unique from the other recruitment firms and job portals is every candidate in our platform has been pre-screened, pre-accessed and interviewed prior to publishing them
EXPANDIAN
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+60 3-2728 4327 info@expandian.com
Expandian is a boutique beachhead business development firm supporting regional establishment and expansion of ambitious tech companies that want to grow their business globally. Expandian was founded by two experienced business executives with high-tech leadership backgrounds and expansive regional and global networks. With local representation and offices in Malaysia and The Netherlands, Expandian is ready to help technology businesses to kick-start business expansion and global sales, whether they are a start-up or looking to scale-up.
POSH COMMERCE SDN. BHD.
2
+60 16-977 9945 hello@poshcommerce.com
Posh Commerce is a leading Shopify & Tradegecko Partner for growing brands & retailers. Our business included web design, digital publishing, photo-videography and learning centre.
MINT COMMUNICATIONS
7
+60 3-7986 0070 enquiry@mint-communications.asia
Mint Communications has been helping parents to find the right international schools for their children since 2012. Through our events, publications, websites and social media, we offer our clients opportunities to promote their offerings to parents across Malaysia and Singapore, and soon to the rest of Asia.
ADVANTAGE QUEST SDN. BHD.
6
+60 3-7876 8096 sales.my@aqpublications.com
Advantage Quest Publications has established a name as a leading publisher and distributor in South East Asia. With a head office in Kuala Lumpur, Malaysia and a sales office in Singapore, Advantage Quest Publications is creating an impact on the English language book industry in Malaysia, Singapore, Hong Kong, Brunei, Indonesia and Vietnam.
DATAMATION GROUP OF COMPANIES
41
+60 3-7660 2222 support@datamationgroup.com
Datamation is Malaysias leading provider of enterprise IT solutions with strong presence spanning over other countries like Singapore, Hong Kong and Australia. We are helmed by a strong team of consultants and engineers with deep industry knowledge in business, finance and technology, attained from over 30 years of working with multinational companies around the world. Primarily, our vision is to help businesses across industries reach their full potential via data automation. Whether you are looking for Enterprise Document Management, Process or Performance Management to improve your company operational productivity and efficiency, or methods to gain a competitive advantage and better grow your company, be certain that we have the finest solutions for you.
FOREST INTERACTIVE
221
+60 3-2162 2728 info@forest-interactive.com
Founded in 2006, Forest Interactive develops scalable mobile platforms to connect mobile operators, content providers, and game publishers with their subscribers. With over 17 years of industry experience, Forest Interactive has expanded to include a diverse workforce of 20+ nationalities in 17 regional offices. Delivering content subscription services, digital voucher and e-commerce platforms, and mobile apps for all ages, Forest Interactive operates in more than 30 countries, servicing 90+ mobile operators and 100+ content partners with the capacity to reach over 1.8 billion subscribers worldwide.
GLOBAL CREATIVE & MEDIA AGENCY (GCMA)
6
+60 13-338 2326 info@gcma.tv
Under the leadership of Adam Ham, GCMA has been set-up to assist & facilitate Asian Digital Content players for valued global market access & promotions through effective funding advisory, branding, PR/media, B2B for co-production & distribution focussed on films, TV, animation, games, music, performing arts, visual effects, post-production and new media content businesses. GCMA will also be involved in leading inbound/outbound trade missions to global contents exhibitions & conferences together with strategic government and public organizations in Asia.
UNIK EDU SOLUTION SDN BHD
2
+60 11-3943 9943 admin@e-unik.com.my
About the Company: Unik Edu Solution is the multimedia division of Unik Didik, an educational publishing company. A pioneer in this field, Unik Edu Solution has an ever-growing portfolio of innovative educational multimedia products. In line with the countrys vision, we are committed to the holistic development of knowledge and competency in children, to prepare them for the challenges of the 21st century. Vision: To build the foundation for world-class education. Uniks interpretation of this is to transform the way learning takes place by bringing the most innovative solutions to the learning environment. By providing appropriate resources, Unik believes that educators and students will experience a new way of teaching and learning that is more effective, engaging and motivating. Mission: To develop and inspire the leaders of tomorrow by championing the use of educational technology for the nurturing and education of school-going children. Uniks interpretation of this is to br…
RUSA MARKETING SDN BHD
9
+60 3-2056 4616 hello@rusamvm.com
We are the largest record label nationwide, providing a wide range of services from artists development & management, sound recording, sound engineering, audiovisual productions, artists or talents agency, content creations & editing, to song distributions & publishing.
WORTHY BOOK
12
+60 3-7960 9571 info@worthybook.my
We assist our corporate clients, who include telcos, banks, GLCs, MNCs charities with their corporate loyalty/ benefit/ incentives/ rewards programme. We also assist to acquire merchants for food delivery service apps and mobile e-wallets. Our merchant partners include Shihlin Taiwan Street Snacks, Juice Works, Carls Jr, Gelatomio, Kim Gary, Sushi Tei, Body Shop, Xixili, Zalora, Himalaya, Colour Culture, f block and many more! We were featured in Astro Awani, NTV7, Bernama TV, Capital TV, BFM89.9, Red FM, The Star, The Sun, The Malay Mail, 红番茄, 商海, Juice, I.M. Magazine, Yahoo News Malaysia, MSN Lifestyle etc. We have won Creative Pioneer Award 2015 by Newman Magazine, Best SME Employer Silver Award 2015 by MIHRM & Jobstreet, Top 5 Finalist in PR Awards 2015, 2nd Runner Up in GradMalaysias Best Internship Category 2014, Top 6 Finalist in Echelon Malaysia 2014 and won Top 40 Under 40 by Prestige Magazine in 2013. For our latest updates & activities, visit www.facebook.com/w…
Top Publishing Companies in Malaysia
Factors Contributing to Growth and Success:
The Malaysian government has played a vital role in driving the growth and success of the publishing industry. The government has launched several initiatives to support the creative industry, such as the National Creative Industry Policy, Creative Industry Master Plan, and the Digital Economy Blueprint. These initiatives aim to promote creativity, innovation, and digitalization, providing funding, training, and networking opportunities for the industry.
The increasing demand for local and regional content, particularly in languages other than English, has also contributed to the success of the publishing industry in Malaysia. The industry has responded by publishing works that reflect the country's diverse cultures, languages, and traditions, catering to different markets and segments.
Industry Growth and Comparison to Previous Years:
The publishing industry in Malaysia has been growing steadily, with a compound annual growth rate (CAGR) of 4.6% from 2010 to 2022. The industry's growth rate slowed down in 2020 due to the COVID-19 pandemic but rebounded slightly in 2021 and 2022.
The digital publishing segment has been the primary driver of the publishing industry's growth, with a CAGR of 5.8% from 2010 to 2022. The industry has also seen growth in the print publishing segment, with a CAGR of 3.8% over the same period.
Key Trends:
Technological disruptions have been a significant trend in the publishing industry in Malaysia. The industry is rapidly adopting new technologies such as e-books, audiobooks, and digital platforms to enhance content delivery, accessibility, and user experience. The adoption of these technologies has led to the development of innovative publishing products and services, expanding the industry's scope beyond traditional print publishing.
Another significant trend in the industry is the increasing focus on local and regional content. The industry is moving towards developing publishing products that reflect the country's diverse cultures, languages, and traditions, providing opportunities for local authors and publishers to showcase their works and promote cultural exchange.
Challenges:
Despite the growth and success of the publishing industry in Malaysia, it faces several challenges. One of the significant challenges is the competition from foreign publishers and digital platforms, particularly in the English language market. The industry needs to enhance its competitiveness and adopt new technologies and practices to compete effectively in the global market.
Another challenge is the piracy and copyright infringement issues that have been plaguing the industry. The industry needs to work with the government and relevant authorities to develop and enforce copyright laws and regulations, protecting the rights of authors and publishers and promoting a fair and sustainable publishing ecosystem.
Future Outlook:
The future outlook for the publishing industry in Malaysia is mixed, with opportunities and challenges. The industry is expected to grow at a CAGR of 4.2% from 2022 to 2027, driven
by the increasing demand for local and regional content, digital platforms, and government support. The government's focus on digital transformation, creative economy, and cultural preservation will create opportunities for the publishing industry to expand its market reach, develop new products and services, and collaborate with other sectors such as education and tourism.
The industry is also expected to benefit from the increasing demand for lifelong learning and knowledge sharing, particularly in the digital age. The industry can leverage Malaysia's strategic location, multicultural society, and language diversity to develop innovative and accessible publishing solutions, catering to different markets and segments.
Conclusion
In conclusion, the publishing industry in Malaysia has been a critical contributor to the country's cultural and intellectual development, driven by government support, changing market demands, and technological advancements. The industry has faced challenges such as competition from foreign publishers, piracy, and copyright infringement, but its future outlook remains positive, with opportunities for growth and innovation. The industry needs to continue to focus on competitiveness, digital transformation, and adoption of new technologies and practices to sustain its growth and relevance in the global market. With the right strategies and support, the publishing industry can become a significant contributor to Malaysia's economic growth, fostering job opportunities, promoting cultural exchange, and enriching the country's knowledge ecosystem.