Malaysia’s economic transformation to gather pace this year: Amir Hamzah

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Malaysia’s economic transformation to gather pace this year: Amir Hamzah
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KUALA LUMPUR: The country’s strong fundamentals and investors’ confidence in the economy, buoyed by sound policies, have given credibility to the gove...

The country’s strong fundamentals and investors’ confidence in the economy, buoyed by sound policies, have given credibility to the government’s anticipation of accelerating economic transformation momentum in 2024, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

He mentioned that international investors are once again showing interest in the reform narrative as evident in the positive outlook of the local capital markets and demonstrated by the FBM KLCI reaching new highs, as well as the foreign direct investments made by global companies. He also stated that the implementation of strategies and measures under the National Energy Transition Roadmap, New Industrial Master Plan 2030 and the ongoing 12th Malaysia Plan initiatives will continue to attract quality investments in high-value-added industries that in turn will create high-income jobs.

Amir Hamzah said the launch of the MIA Sustainability Blueprint is a commitment to sustainable practices and provides guidelines to support accountants in embedding sustainability and the blueprint serves as a useful guide to accountancy professionals as sustainability gains momentum and their roles expand.

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