Capital market key to our second economic takeoff: Liew

At the SC-World Bank Conference 2024, Deputy Minister of MITI, Liew Chin Tong, emphasized the crucial role of Malaysia’s capital markets in empowering MSMEs and supporting the nation’s “second economic takeoff.” He linked the Madani Economy Framework and the New Industrial Master Plan 2030 to efforts aimed at building a robust, technology-driven economy.

Capital market

Liew highlighted that Malaysia’s unique position in global supply chains offers an opportunity to benefit from the relocation of businesses away from China. However, challenges remain, including achieving sustained high growth, mobilizing capital for innovation, and fostering globally competitive technology companies. He called for collaboration across government, industries, and financial markets to seize this “once-in-a-generation” opportunity and elevate Malaysia as a regional economic powerhouse.

Read more Business News

Staff Writer

Recent Posts

AMD EPYC Powers Agentic AI Growth With Rack-Scale Performance Edge

AMD says its EPYC processors deliver superior rack-scale throughput for agentic AI workloads, enabling enterprises…

3 hours ago

CIMB Partners China CITIC Bank to Advance China-ASEAN Financial Connectivity

CIMB and China CITIC Bank have signed an LOI to enhance China-ASEAN financial connectivity, supporting…

5 hours ago

EG Industries Strengthens AI Networking Position as 1.6T, Network Switches and Thailand Expansion Fuel Next Growth Phase

EG Industries is accelerating beyond traditional EMS, leveraging AI networking demand, 1.6T development, network switches…

6 hours ago

Sime Darby Property Launches RM1.25b New Economy Fund

Sime Darby Property has introduced a RM1.25 billion fund aimed at investing in new economy…

8 hours ago

Pos Malaysia Unifies Courier Services Under Pos Laju Brand

Pos Malaysia has consolidated all its courier offerings under the Pos Laju brand to streamline…

9 hours ago

Jati Takes Local Rice From the Shelf to the Snack Aisle With Chom Chom

Jati launches Jati Chom Chom, a rice puff snack, expanding into the snack market with…

11 hours ago

This website uses cookies.