The bank said the latest survey for its “Borderless Business: Middle East-Asean Corridor” found that Middle East companies were positive about business growth in the region, with a significant 78% viewing Malaysia as the top location.
It has also emerged as a major hub for solar photovoltaic production and is a key market for halal goods as it works towards building a stronger halal ecosystem between Asean and the Middle East. Key growth sectors in the report’s growth watch list that were drawing Indian companies to Malaysia were digitalisation, renewable energy and electric vehicles .
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Asia stocks wobble, dollar firm as markets wary before key US inflation data | Malay MailHONG KONG, April 12 — Asian shares were down while the US dollar held strong today, as Treasury yields spiked to a three year high ahead of US inflation data which could foreshadow even more aggressive interest rate hikes from the Federal Reserve. MSCI’s broadest index of Asia-Pacific shares...
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