The financial technology (fintech) landscape in Malaysia is thriving, marked by strong government support and a solid financial infrastructure, say experts. However, they said to sustain and enhance this success, there are specific challenges that require attention and resolution. The Malaysia fintech market is poised for significant growth, according to Mordor Intelligence (market research and consulting firm), with an anticipated expansion in transaction value from RM187.
51 billion in 2023 to RM386.4 billion by 2028. This projected increase reflects a compound annual growth rate of 15.56% during the forecast period of 2023 to 2028. Universiti Teknologi Mara senior economics lecturer Dr Mohamad Idham Md Razak said the government’s proactive initiatives, such as the National Fintech Hub and regulatory safe testing grounds, have fostered a favourable environment for innovation and attracted substantial investments, which reached RM6.04 billion in 202
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Significant Growth in Malaysia's Electric Vehicle MarketThe market for electric vehicles in Malaysia has experienced significant growth over the past year, with a 300% increase in EV registrations. Many traditional car brands have also introduced fully electric models. As a result, the EV of the Year awards have been expanded to acknowledge this growth. The awards were determined through an open nomination process and evaluated by a panel of experts. The aim of these awards is to recognize cars that offer the best value in terms of features, technology, performance, and comfort.
La source: Soya_Cincau - 🏆 16. / 55 Lire la suite »
Pheim Malaysia's Biggest Investment Wins Came During Market CrashesPheim Malaysia has thrived and achieved its highest investment returns during financial and market crises over the past 30 years. The fund management company, founded by Tan Chong Koay in 1994, has been recognized with numerous international awards. Tan believes that market crises offer opportunities for investors to buy stocks at discounted prices.
La source: fmtoday - 🏆 5. / 72 Lire la suite »
Fikra Ace lays foundation for future innovation & collaboration in Islamic financeFIKRA ACE, an extension of the Securities Commission Malaysia's (SC) Islamic Capital Market (ICM) ecosystem efforts since 2021, is dedicated to advancing Islamic fintech through systematic approaches by identifying innovative fintech companies, supporting their growth, and fostering connections within the ICM ecosystem.
La source: DNewsAsia - 🏆 23. / 51 Lire la suite »