(Reuters) - Juniper Networks, which is being bought by Hewlett Packard Enterprise, beat Wall Street estimates for third-quarter revenue and profit on Thursday, aided by demand for its networking equipment.
DYNAMIC economies worldwide are capturing the attention of western financial institutions, but a new research shows that few are creating as much excitement as Malaysia.
“Geopolitical risk has prompted many companies to re-evaluate which markets they invest in, and that is playing out in places such as Malaysia. The country’s vibrant multiculturalism is a strong advantage on the world stage.” Gross domestic product growth forecasts of 4.3% in 2024 are bolstered by Malaysia’s “track record of fiscal prudence and a credible monetary policy framework”, according to the International Monetary Fund.
Malaysia’s northern region of Penang, whose free trade zone and busy shipping port attracted Intel in 1972, continues to offer attractive tax incentives to overseas investors. For example, 55% see opportunities to invest in the infrastructure sector as Malaysia’s economy expands rapidly.Malaysia has one of the most ambitious decarbonisation plans in Asia, with a target of net-zero emissions by 2050.
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