ASEAN Exchanges Should Develop Tools To Attract Foreign Investors - Bursa Malaysia CEO
KUALA LUMPUR, Jan 9 (Bernama) -- ASEAN exchanges should continue developing tools that make it easier for foreign investors to understand and invest in the region despite varying market conditions across countries, said Bursa Malaysia chief executive officer (CEO) Datuk Muhamad Umar Swift.
He said ASEAN must be inclusive and sustainable to become the world’s fourth-largest economy by 2030.
“Each country must recognise its different development and its own sovereign rights.
“In our capital markets, we look for points of commonality,” he said in a session titled “ASEAN Dynamism: Capitalising on Opportunities and Navigating Transition” in conjunction with the Malaysian Economic Forum 2025, here today.
Hence, he said if ASEAN can achieve this, foreign investors will view ASEAN as a group with common standards.
“We begin to drive a common capital market through conversations that focus on standards, taxonomy, and language. As a result, foreign investors view us as a group,” he added.
-- BERNAMA