Najib told MACC of millions of ringgit kept as contingency after GE13 to prevent Sept 2008 Pakatan Rakyat takeover repeat, witness says in 1MDB trialBusiness news outlet Bloomberg reported that foreign investors poured US$502.9 million into Malaysian shares on a net basis in May, marking the country’s most significant monthly inflow since March 2022.
The report underscores Malaysia’s ascension as a pivotal player in AI within the region, leveraging its status as a global chip supply chain hub, while tech behemoths funnel billions into the nation's infrastructure.This bullish sentiment has propelled Malaysian equities to outperform regional counterparts, with the resurgence of foreign funds indicating potential for further growth.
Nirgunan Tiruchelvam, an analyst at regional investment analysis and advisory firm Aletheia Capital, concurred, asserting that local stocks stand to gain further as foreign sentiment rebounds, buoyed by political stability and AI investments.