KUALA LUMPUR, Dec 10 — Malaysia should further tap into the Asean market and leverage its strategic advantages, as the regional bloc is well-positioned amidst global...
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Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar urged Malaysia to continue to pursue its relationship with Asean in a pragmatic and constructive manner to further capitalise on the bloc’s 670 million market. Wahid also emphasised that Malaysia should not be mutually exclusive to any specific trade groupings, trade talks, or bilateral agreements and should focus on further strengthening trade relationships.
Echoing Abdul Wahid’s sentiment, Maybank Investment Bank Bhd head of regional equity research Anand Pathmakanthan said integration with Asean holds significant potential, particularly in intra-Asean trade and foreign direct investment , which are currently much lower than in the European Union or North American Free Trade Agreement .
Earlier in his presentation, Anand highlighted several key factors that would drive bullish growth expectations for Asean and Malaysia next year.
Malaysia Economy US Abdul Wahid Omar Bursa Malaysia
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